NOT LISTED FOR SALE

Estimated Value: $1,327,000 - $2,227,201

5 Beds
5 Baths
1,850 Sq Ft
$959/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $540,000 $292 Per Sq Ft

Est. 219% increase in value since last sale

Current estimated payment $11,097/month

199 Days on Market

Highlights

  • Community Playground
  • Forced Air Heating and Cooling System
  • Level Lot
  • Guest Parking
  • Washer and Dryer
  • Carpet

About This Home

As of October 2014

Great duplex for investor/owner occupied.Could also be used as single family home for large family.Double pane windows,new interior doors & paint,some new carpeting.Central Heating & A/C. Large corner lot w/ample parking. Needs repairs, contractor's special.Conveniently located.Close to downtown & San Jose State University,good rental income, upside potential.Rents & data estimated

Last Agent to Sell the Property

Alice Tong

Coldwell Banker Realty License #00985549 Listed on: 03/12/2014

Coldwell Banker Realty

Last Buyer's Agent

Casie Ho

Green Valley Realty USA License #01923707

Green Valley Realty USA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,133

Year Built

  • 1899

Lot Details

  • 7,449

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Washer and Dryer

Flooring

  • Carpet
  • Vinyl

Parking

  • Guest Parking
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $48,000
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 1,850 Sq Ft Building
  • Car Wash Area

Recreation

  • Community Playground

Building Details

  • Gardener Expense $540
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Other Expense $500
  • Trash Expense $720
  • Operating Expense $6,677
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,133

Year Built

1899

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 115
  • Inspections Reports: Geological/Flood, Pest Control, Property Inspection
  • Sale Price Per Sq Ft: 291.89
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1850
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1899

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1850
  • Stories: 2
  • Laundry: Washer/Dryer - Owned, Washer/Dryer - Some Units, In Some Units
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Foundation Pillars
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking, Spaces Per Unit - 1, Off-Street Parking, Uncovered Parking

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Playground, Bbq Area, Car Wash Area

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7435.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7435.00
  • Lot Size Area Min Search: 7435.00
  • Maximum Lot Size: 7435.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.50

Multi Family

  • Expense Insurance: 1200
  • Expense Landscape: 540
  • Expense Maintenance: 1000
  • Expenses Other: 500
  • Expenses Total: 6677
  • Expense Trash: 720
  • Expense Water Sewer: 1800
  • Income Annual Gross: 48000.00
  • Income Annual Rental: 48000
  • Income Gross Scheduled: 48000
  • Income Includes: Laundry
  • Maximum Building Height: 2
  • Meters: Master Electric, Master Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2017
Sold by
D B Lin Construction Llc
Bought by
Tec Pacific Inc
Current Estimated Value
$1,720,350

Purchase Details

Listed on
Mar 12, 2014
Closed on
Sep 30, 2014
Sold by
Corbin Gloria S and Santiago George
Bought by
D B Lin Construction Llc
Seller's Agent
Alice Tong
Coldwell Banker Realty
Buyer's Agent
Casie Ho
Green Valley Realty USA
List Price
$625,000
Sold Price
$540,000
Premium/Discount to List
-$85,000
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%

Purchase Details

Closed on
Mar 13, 2008
Sold by
Santiago Anastacio A
Bought by
Santiago Anastacio A
Source: Public Records

Range of Values:

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Average Value
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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
Tec Pacific Inc $560,000 None Available
D B Lin Construction Llc $540,000 Cornerstone Title Company
Santiago Anastacio A -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2014 10/03/14 Sold $540,000 -13.6% $292 / Sq Ft
09/27/2014 09/27/14 Pending -- -- --
03/12/2014 03/12/14 For Sale $625,000 -- $338 / 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 $20,133 $1,598,657 $580,067 $1,018,590
2023 $19,779 $1,567,312 $568,694 $998,618
2022 $19,611 $1,536,582 $557,544 $979,038
2021 $19,242 $1,506,454 $546,612 $959,842
2020 $18,330 $1,446,678 $541,008 $905,670
2019 $7,612 $530,400 $530,400 $0
2018 $9,884 $720,000 $520,000 $200,000
2017 $8,045 $559,198 $372,799 $186,399
2016 $7,866 $548,235 $365,490 $182,745
2015 $7,840 $540,000 $360,000 $180,000
2014 $1,946 $100,076 $79,749 $20,327
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81424075

MLSListings

APN: 434-06-050