NOT LISTED FOR SALE
12 Beds
8 Baths
5,060 Sq Ft
7,971 Sq Ft Lot

Sale Details

Date Sold: November 30, 2015

Last sale price $1,563,333 $309 Per Sq Ft

2 Days on Market

Highlights

  • Double Pane Windows
  • Montague Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of November 2015

**List Date: 6/30/2015** **COE: 8/18/2015** FOR COMP PURPOSE ONLY. Part of Portfolio Sale. Unique 24 units comprised of 6 fourplexes w/ 6 separate APNs. EACH UNIT measures +/-1,250SF 2 story, town-home layout, 3 bedroom, 2 bath + den. Because these are fourplexes you have the option of 30yr fixed conventional residential financing for each or combine into 1 commercial loan. Located near Hwy 101 and Montague Exwy in high demand rental market of Santa Clara. Near Rivermark Center and major Silicon Valley tech Cisco/EBay/Intel/Brocade. Rents 40% below market. No Rent Control. Offering Memorandum available.

Last Agent to Sell the Property

Joel Calvillo

KW Commercial South Bay License #01733780 Listed on: 11/28/2015

KW Commercial South Bay

Last Buyer's Agent

Mimi Du

Realty World-SVI Group License #01304977

Realty World-SVI Group

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,971 Sq Ft Lot

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,060 Sq Ft Home
  • Double Pane Windows

Parking

  • 4 Carport Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $82,320

Community Details

Overview

  • 5,060 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $100
  • Insurance Expense $1,191
  • Maintenance Expense $2,000
  • Manager Expense $6,683
  • Other Expense $1,388
  • Utility Expense $10,954
  • Trash Expense $1,436
  • Operating Expense $43,286
  • Gross Income $81,635

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

7,971 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5060
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 5060

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Assigned Spaces
  • Carport Min: 4

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1830
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7980.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7980.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.20
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1191
  • Expense Landscape: 100
  • Expense Maintenance: 2000
  • Expense Management: 6683
  • Expenses Other: 1388
  • Expenses Total: 43286
  • Expenses Utility: 10954
  • Expense Trash: 1436
  • Income Annual Gross: 81635.00
  • Income Annual Rental: 82320
  • Income Gross Scheduled: 84160
  • Income Includes: Laundry
  • Income Other: 1840
  • Meters: Master Gas, Master Water, Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Equipment/Fixture Rental, Fee - Property Management, Insurance, Maintenance, Reserve Fund, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/30/2015 11/30/15 Sold $1,563,333 -8.0% $309 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/28/2015 11/28/15 For Sale $1,700,000 -- $336 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $23,284 $2,031,022 $1,450,730 $580,292
2024 $23,284 $1,991,199 $1,422,285 $568,914
2023 $23,051 $1,952,157 $1,394,398 $557,759
2022 $22,666 $1,913,880 $1,367,057 $546,823
2021 $22,581 $1,876,353 $1,340,252 $536,101
2020 $22,172 $1,857,114 $1,326,510 $530,604
2019 $22,143 $1,820,700 $1,300,500 $520,200
2018 $20,714 $1,785,000 $1,275,000 $510,000
2017 $20,614 $1,750,000 $1,250,000 $500,000
2016 $18,327 $1,563,333 $1,000,000 $563,333
2015 $6,311 $519,359 $126,742 $392,617
2014 $5,997 $509,187 $124,260 $384,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81533833

MLSListings

APN: 101-22-110

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