NOT LISTED FOR SALE
6 Beds
6 Baths
4,080 Sq Ft
1961 Built

Sale Details

Date Sold: January 9, 2018

Last sale price $2,560,000 $627 Per Sq Ft

8 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Balcony
  • Stevens Creek Elementary School Rated A
  • Attic
  • Fireplace

About This Home

As of January 2018

Nestled in sought-after Silicon Valley neighborhood, desirable triplex on serene Foothills location boasts mountain views & top Cupertino schools! Conveniently located close to park, San Antonino Ranch, shopping, Cupertino Main Street, new Apple campus & easy commutes to employers. This gorgeous property offers a "single family like" owner's unit ( unit #1 ) features 2 story, 2 bedrooms+ sunroom, 1.5 bathrooms, newly refinished hardwood floor, new interior paint, new vertical blinds. Living room features fireplace, wall-to wall mirror, built-in shelves. Kitchen with pass-thru is adjacent to formal dining room. Upstairs master bedroom graced with walk-in closet & access to sunroom. Unit #2 & unit #3 have similar floor plan as unit #1 : 2 story, 2 bedrooms,1.5 bath & upstairs balcony. All units include 1 carport & storage room. Lovely backyard adjacent to the laundry room. Ideal opportunity for investors or owner occupy. Great deal of work done: Fumigation done : 5/2017, newer driveway.

Last Agent to Sell the Property

Mary Tan

Coldwell Banker Realty License #00861682 Listed on: 12/05/2017

Coldwell Banker Realty

Co-Listed By

George Tan

Coldwell Banker Realty License #01891525

Coldwell Banker Realty

Last Buyer's Agent

George Tan

Coldwell Banker Realty License #01891525

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Home Design

  • Triplex
  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 4,080 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Mountain Views
  • Crawl Space
  • Attic

Kitchen

  • Built-In Oven
  • Electric Oven
  • Range Hood
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 3 Carport Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony

Lot Details

  • Fenced
  • Sprinklers on Timer
  • Back Yard

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $87,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $120
  • Insurance Expense $3,500
  • Maintenance Expense $350
  • Manager Expense $536
  • Utility Expense $150
  • Trash Expense $150
  • Operating Expense $4,806
  • Gross Income $83,220

Property Details

Home Type

Multi-Family

Year Built

1961

Listing Details

  • Zoning: R322
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4080
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Countertop - Laminate, Dishwasher, Exhaust Fan, Hood Over Range, Oven - Electric, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 4080
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Attic, Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Flat / Low Pitch
  • View: Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Construction Type: Wood

Garage/Parking

  • Garage Parking Features: Carport, Covered Parking, Off-Street Parking
  • Carport Min: 3

Utilities

  • Heating System: Central Forced Air, Fireplace
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • High School: 260

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 25.68
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3500
  • Expense Landscape: 120
  • Expense Maintenance: 350
  • Expense Management: 536
  • Expenses Total: 4806
  • Expenses Utility: 150
  • Expense Trash: 150
  • Income Annual Gross: 83220.00
  • Income Annual Rental: 87600
  • Income Gross Scheduled: 87600
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: All Expenses, Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Jan 2, 2018
Sold by
Bought by
Seller's Agent
Mary Tan
Coldwell Banker Realty
Buyer's Agent
George Tan
Coldwell Banker Realty
List Price
$2,250,000
Sold Price
$2,560,000
Premium/Discount to List
$310,000
13.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Outstanding Balance
$1,000,555
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2014
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$2,560,000 Cornerstone Title Co
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $180,000
Open $1,235,000
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
01/09/2018 01/09/18 Sold $2,560,000 +13.8% $627 / Sq Ft
12/14/2017 12/14/17 Pending -- -- --
12/05/2017 12/05/17 For Sale $2,250,000 -- $551 / 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
2026 $36,914 $2,971,094 $2,669,345 $301,749
2025 $35,890 $2,912,838 $2,617,005 $295,833
2024 $35,890 $2,855,725 $2,565,692 $290,033
2023 $35,890 $2,799,732 $2,515,385 $284,347
2022 $34,952 $2,744,836 $2,466,064 $278,772
2021 $34,540 $2,691,016 $2,417,710 $273,306
2020 $33,894 $2,663,424 $2,392,920 $270,504
2019 $32,985 $2,611,200 $2,346,000 $265,200
2018 $4,166 $175,791 $34,490 $141,301
2017 $4,039 $172,345 $33,814 $138,531
2016 $3,854 $168,966 $33,151 $135,815
2015 $3,743 $166,429 $32,654 $133,775
2014 $3,423 $163,170 $32,015 $131,155
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81686403

MLSListings
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