NOT LISTED FOR SALE

1106 Malone Rd San Jose, CA 95125

Willow Glen Neighborhood

Estimated Value: $1,869,000 - $2,416,000

4 Beds
2 Baths
1,472 Sq Ft
$1,415/Sq Ft Est. Value

Last Sold June 22, 2018

Last sale price $1,250,000 $849 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $12,845/month

38 Days on Market

Highlights

  • Washer and Dryer
  • Booksin Elementary Rated A-
  • 1-Story Property

About This Home

As of June 2018

Where can you get a home in Willow Glen for $650k? Here's how. Package deal!!You buy TWO homes on ONE lot. The perfect opportunity to rent one unit & live in the other. Front unit approx. 780 sq. ft, back unit approx. 750 sq. ft. Each unit 2 beds and 1 full bath. Walk to downtown Willow Glen & the park. Both homes have been fully remodeled. Front house has a full basement (man cave)for lots of storage. . Each unit has it own laundry room. Do not disturb tenants

Last Agent to Sell the Property

Robbie Thomson

CSR Real Estate Services License #01473977 Listed on: 03/28/2018

CSR Real Estate Services

Last Buyer's Agent

Humayun Kabir

WePro Real Estate Services Inc License #01137373

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,503

Year Built

  • 1924

Lot Details

  • 5,785 Sq Ft Lot

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,472 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Parking

  • 4 Parking Spaces
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $64,740

Community Details

Overview

  • 1,472 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,560
  • Insurance Expense $2,420
  • Trash Expense $1,000
  • Operating Expense $10,386
  • Gross Income $64,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,503

Year Built

1924

Lot Details

0

Listing Details

  • Zoning: R1-8
  • Subclass: Duplex
  • Age: 94
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1472
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

  • Living Sq Ft: 1472
  • Stories: 1
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Slab, Post And Pier
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: On Street, Parking Area

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified
  • Elementary School: Booksin Elementary
  • High School: Willow Glen High
  • High School: 350
  • Elementary School: 358

Lot Info

  • Lot Acres: 0.1328
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5784.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5784.00

Rental Info

  • Gross Rent Multiplier: 20.08
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 2420
  • Expense Landscape: 1560
  • Expenses Total: 10386
  • Expense Trash: 1000
  • Income Annual Gross: 64740.00
  • Income Annual Rental: 64740
  • Income Gross Scheduled: 64740
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Services - Gardener, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2018
Closed on
May 23, 2018
Sold by
Thomson Anthony and Thomson Kelsey
Bought by
Kumar Gaurav and Ramnani Monika
Seller's Agent
Robbie Thomson
CSR Real Estate Services
Buyer's Agent
Humayun Kabir
WePro Real Estate Services Inc
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%
Current Estimated Value
$2,082,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$832,631
Avg. Annual Appreciation
7.21%
Original Mortgage
$1,000,000
Outstanding Balance
$839,545
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,243,086

Purchase Details

Closed on
Jun 14, 2012
Sold by
Ventimiglia Leonard and Ventimiglia Karen
Bought by
Thompson Anthony and Thompson Kelsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,550
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2009
Sold by
Ventimiglia Leonard and Ventimiglia Karen
Bought by
Thomson Anthony and Thomson Kelsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2009
Sold by
Us Bank National Association
Bought by
Ventimiglia Leonard A and Ventimiglia Karen

Purchase Details

Closed on
Sep 21, 2007
Sold by
Jaramillo Jesse C
Bought by
Fa Downey Sla

Purchase Details

Closed on
Nov 23, 2005
Sold by
Jaramillo Jesse
Bought by
Jaramillo Jesse and Jaramillo Vera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.92%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 5, 2005
Sold by
Roland William
Bought by
Roland William and Jaramillo Jesse

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.92%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 23, 1999
Sold by
Joann Athans
Bought by
Roland William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,500
Interest Rate
10.5%
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
Kumar Gaurav $1,250,000 First American Title Co
Thompson Anthony $398,000 Ticor Title San Diego
Thomson Anthony $250,000 Chicago Title Company
Ventimiglia Leonard A $371,000 Lawyers Title
Fa Downey Sla $540,000 Land America
Jaramillo Jesse -- Alliance Title Company
Jaramillo Jesse C $264,000 Alliance Title Company
Jaramillo Jesse -- Alliance Title Company
Roland William $333,500 --
Roland William $370,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Gaurav $1,000,000
Previous Owner Thompson Anthony $397,550
Previous Owner Thomson Anthony $405,000
Previous Owner Jaramillo Jesse C $528,000
Previous Owner Jaramillo Jesse $101,950
Previous Owner Roland William $314,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2018 06/22/18 Sold $1,250,000 -3.8% $849 / Sq Ft
05/06/2018 05/06/18 Pending -- -- --
04/28/2018 04/28/18 Price Changed $1,300,000 -3.7% $883 / Sq Ft
03/28/2018 03/28/18 For Sale $1,350,000 -- $917 / 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
2025 $21,503 $1,695,401 $1,223,164 $472,237
2024 $21,503 $1,662,159 $1,199,181 $462,978
2023 $21,104 $1,629,568 $1,175,668 $453,900
2022 $20,907 $1,597,616 $1,152,616 $445,000
2021 $17,047 $1,273,076 $1,130,016 $143,060
2020 $15,923 $1,200,000 $1,050,000 $150,000
2019 $15,838 $1,275,000 $1,096,500 $178,500
2018 $6,748 $419,880 $339,528 $80,352
2017 $6,673 $411,648 $332,871 $78,777
2016 $6,408 $403,578 $326,345 $77,233
2015 $6,352 $397,516 $321,443 $76,073
2014 $5,453 $389,730 $315,147 $74,583
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robbie Thomson

    CSR Real Estate Services

    Section Image

  • H

    Buyer's Agent in 2018

    Humayun Kabir

    WePro Real Estate Services Inc

See All Agents

Map

Source: MLSListings

MLS Number: ML81698312

MLSListings

APN: 439-08-029

California Santa Clara County San Jose 95125 Willow Glen

1106 Malone Rd, San Jose, CA

This home is located at 1106 Malone Rd, San Jose, CA 95125 since 28 March 2018 and is currently estimated at $2,082,631, approximately $1,414 per square foot. This property was built in 1924. 1106 Malone Rd is a home located in Santa Clara County with nearby schools including Booksin Elementary, Willow Glen Middle, and Willow Glen High School.

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