NOT LISTED FOR SALE

1109 Shirley Dr Milpitas, CA 95035

Milpitas Area
8 Beds
4 Baths
2,992 Sq Ft
7,562 Sq Ft Lot

Sale Details

Date Sold: September 13, 2017

Last sale price $1,430,000 $478 Per Sq Ft

7 Days on Market

Highlights

  • Coin Laundry
  • Rancho Milpitas Middle School Rated A
  • 3-minute walk to Selwyn Park

About This Home

As of September 2017

***DRIVE BY ONLY***, please do not disturb good tenants. Great opportunity for first time buyers to live in 1 and rent the other 3, and possibly living free. Great potential for first time investor. Property needs TLC. Current rents are way below market rate. Market rent is between $2,100 - $2,450. Close to 680, shopping center and schools.

Last Agent to Sell the Property

Abby Chin

MRL Group, Inc. License #01148568 Listed on: 08/08/2017

Last Buyer's Agent

Benjamin Wang

Lexicon Homes License #01038244

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,562 Sq Ft Lot

Home Design

  • 2,992 Sq Ft Home
  • Quadruplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Parking

  • 4 Carport Spaces
  • On-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $87,300

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,228
  • Other Expense $1,360
  • Utility Expense $3,814
  • Trash Expense $2,422
  • Operating Expense $18,568
  • Gross Income $87,300

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

7,562 Sq Ft Lot

Listing Details

  • Zoning: R3S
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2992
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 2992
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: On Street
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer In Street

Lot Info

  • Lot Acres: 0.1736
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7560.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7560.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.27
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1228
  • Expense Landscape: 600
  • Expenses Other: 1360
  • Expenses Total: 18568
  • Expenses Utility: 3814
  • Expense Trash: 2422
  • Income Annual Gross: 87300.00
  • Income Annual Rental: 87300
  • Income Gross Scheduled: 87300
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Equipment - Purchase, Fee - Property Tax, Insurance, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

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
-- None Available
Kong Dehai $1,430,000 First American Title Company
Lee Malcolm P -- None Available
Lwin Aye -- Chicago Title Company
Lwin Aye $640,000 Chicago Title Company
Lee John P $800,000 First American Title Company
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 $620,000
Closed Kong Dehai $782,000
Closed Kong Dehai $815,650
Previous Owner Lwin Aye $639,900
Previous Owner Lee John P $91,000
Previous Owner Lee John P $728,000
Previous Owner Lee John P $640,000
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 Prior Sale
09/13/2017 09/13/17 Sold $1,430,000 +0.7% $478 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $1,420,000 0.0% $475 / Sq Ft
08/10/2017 08/10/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $1,420,000 +121.9% $475 / Sq Ft
01/08/2013 01/08/13 Sold $639,900 0.0% $214 / Sq Ft View Prior Sale
07/30/2012 07/30/12 Pending -- -- --
07/28/2012 07/28/12 For Sale $639,900 -- $214 / 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 $18,990 $1,659,632 $1,079,341 $580,291
2025 $18,564 $1,627,091 $1,058,178 $568,913
2024 $18,564 $1,595,188 $1,037,430 $557,758
2023 $18,507 $1,563,911 $1,017,089 $546,822
2022 $18,429 $1,533,247 $997,147 $536,100
2021 $18,163 $1,503,185 $977,596 $525,589
2020 $17,847 $1,487,772 $967,572 $520,200
2019 $17,642 $1,458,600 $948,600 $510,000
2018 $16,747 $1,430,000 $930,000 $500,000
2017 $9,525 $795,778 $477,467 $318,311
2016 $9,144 $780,175 $468,105 $312,070
2015 $9,053 $768,457 $461,074 $307,383
2014 $8,815 $753,405 $452,043 $301,362
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81673170

MLSListings

APN: 088-03-029

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