NOT LISTED FOR SALE

Estimated Value: $1,111,791

4 Beds
2 Baths
2,331 Sq Ft
$477/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $1,175,000 $504 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,516/month

15 Days on Market

Highlights

  • Wood Flooring
  • Washer and Dryer
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Security Fence

About This Home

As of July 2022

This Duplex Is Located In the Hyde Park area of San Jose on large 8,504sf lot! It's within walking distance to Japantown. Front unit is 1br/1ba completely remodeled with fireplace, inside washer/dryer (owned by seller), hardwood floors, recessed lighting, side yard and private front entrance. Rear unit was seller's law office. It can be converted to residential 3 - 4 bedrooms unit (Buyer to verify with Building/Planning Departments). It has hardwood floors, A/C, kitchen and bathroom. There is the option to have your office here, live in one of the units or rent out both as residential units!

Last Agent to Sell the Property

Joe Pollifrone

Christie's International Real Estate Sereno License #00889153 Listed on: 05/16/2022

Christie's International Real Estate Sereno

Last Buyer's Agent

Karen Xu

Anew Elite License #01783775

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,296

Year Built

  • 1966

Lot Details

  • 8,503 Sq Ft Lot
  • Security Fence

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,331 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Gas Cooktop
  • Dishwasher

Parking

  • 5 Parking Spaces
  • No Garage

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $58,200

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,800
  • Insurance Expense $4,037
  • Utility Expense $3,971
  • Trash Expense $1,194
  • Operating Expense $17,856
  • Gross Income $58,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,296

Year Built

1966

Lot Details

0

Listing Details

  • Zoning: C
  • Subclass: Duplex
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2331
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Kitchen: Cooktop - Gas, Dishwasher
  • Living Sq Ft: 2331
  • Stories: 1
  • Security: Security Fence
  • Laundry: Washer / Dryer
  • Flooring: Hardwood

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: No Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1952
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8504.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8504.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.60
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 4037
  • Expense Landscape: 1800
  • Expenses Total: 17856
  • Expenses Utility: 3971
  • Expense Trash: 1194
  • Income Annual Gross: 58200.00
  • Income Annual Rental: 58200
  • Income Gross Scheduled: 58200
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Rent Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Jun 22, 2022
Sold by
N4p Llc
Bought by
Xushi Incorporated
Seller's Agent
Joe Pollifrone
Christie's International Real Estate Sereno
Buyer's Agent
Karen Xu
Anew Elite
List Price
$1,199,000
Sold Price
$1,175,000
Premium/Discount to List
-$24,000
-2%
Total Days on Market
15
Current Estimated Value
$1,111,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,209
Avg. Annual Appreciation
-1.81%
Original Mortgage
$400,000
Interest Rate
5.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2020
Sold by
Caudill Thomas and Caudill Marcella J
Bought by
N 4 P Llc

Purchase Details

Closed on
Apr 15, 2020
Sold by
Caudill Thomas
Bought by
Caudill Thomas and Caudill Marcella J

Purchase Details

Closed on
Sep 5, 2000
Sold by
Thomas Caudill
Bought by
Caudill Thomas and Caudill Marcella J

Purchase Details

Closed on
Jul 22, 1994
Sold by
Caudill Marcie
Bought by
Caudill Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
8.38%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Xushi Incorporated $1,175,000 Lawyers Title
N 4 P Llc -- None Available
Caudill Thomas -- None Available
Caudill Thomas -- --
Caudill Thomas -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Xushi Incorporated $767,000
Closed Xushi Incorporated $400,000
Previous Owner Caudill Thomas $200,000
Previous Owner Caudill Thomas $98,000
Previous Owner Caudill Thomas $158,000
Closed Xushi Incorporated $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $1,175,000 -2.0% $504 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $1,199,000 -- $514 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $15,296 $1,198,500 $877,200 $321,300
2023 $14,829 $1,175,000 $860,000 $315,000
2022 $7,194 $485,403 $195,893 $289,510
2021 $6,854 $475,886 $192,052 $283,834
2020 $7,234 $518,650 $190,083 $328,567
2019 $7,157 $511,390 $186,356 $325,034
2018 $6,937 $479,714 $182,702 $297,012
2017 $6,728 $461,784 $179,120 $282,664
2016 $6,659 $457,729 $175,608 $282,121
2015 $6,684 $441,358 $172,971 $268,387
2014 $6,541 $435,656 $169,583 $266,073
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81892018

MLSListings

APN: 235-09-037