NOT LISTED FOR SALE
7 Beds
7 Baths
3,540 Sq Ft
7,131 Sq Ft Lot

Sale Details

Date Sold: December 9, 2024

Last sale price $1,660,000 $469 Per Sq Ft

11 Days on Market

About This Home

As of December 2024

Desirable San Jose 4-unit apartment complex. New exterior paint and landscaping. Great unit mix with three townhouse-style 2-bedroom units and one 1-bedroom. Three covered parking spaces, one open and one attached 1-car garage connected to front 2-bedroom townhouse. Great rental history. Please do not disturb current residents.

Last Agent to Sell the Property

Michael Pierce

Prodesse Property Group License #01190465 Listed on: 10/25/2024

Last Buyer's Agent

Andrea Qi

Goodview Financial & Real Estate License #01928510

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,131 Sq Ft Lot

Parking

  • 1 Car Attached Garage
  • 2 Carport Spaces
  • On-Street Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,540 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $105,744

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,320
  • Insurance Expense $3,009
  • Maintenance Expense $14,505
  • Manager Expense $7,433
  • Utility Expense $7,607
  • Trash Expense $7,064
  • Operating Expense $52,774
  • Gross Income $103,629

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

7,131 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: R4H
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3540
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 3540
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage, Covered Parking, On Street
  • Carport Min: 2

Utilities

  • Heating System: Central Forced Air - Gas, Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 239

Lot Info

  • Lot Acres: 0.1637
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7130.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7130.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 16.55
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 3009
  • Expense Landscape: 1320
  • Expense Maintenance: 14505
  • Expense Management: 7433
  • Expenses Total: 52774
  • Expenses Utility: 7607
  • Expense Trash: 7064
  • Income Annual Gross: 103629.00
  • Income Annual Rental: 105744
  • Income Gross Scheduled: 105744
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Capital Improvements, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric
  • Vacancy Factor: 2

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
Oct 25, 2024
Closed on
Dec 5, 2024
Sold by
Qi Anwei
Bought by
Seller's Agent
Michael Pierce
Prodesse Property Group
Buyer's Agent
Andrea Qi
Goodview Financial & Real Estate
List Price
$1,750,000
Sold Price
$1,660,000
Premium/Discount to List
-$90,000
-5.14%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2024
Closed on
Nov 27, 2024
Sold by
Thuy Hoang 2008 Trust and Robert Frankovich Family Trust
Bought by
Chen Lin
Seller's Agent
Michael Pierce
Prodesse Property Group
Buyer's Agent
Andrea Qi
Goodview Financial & Real Estate
List Price
$1,750,000
Sold Price
$1,660,000
Premium/Discount to List
-$90,000
-5.14%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2011
Sold by
Omahony Lucy G
Bought by
Hoang Thuy and The Thuy Hoang 2008 Trust

Purchase Details

Closed on
Sep 27, 2006
Sold by
Corona Carlos A
Bought by
Omahony Lucy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,500
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 18, 2006
Sold by
Boyd Gerald M and Boyd Jayne
Bought by
Omahony Lucy G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,500
Interest Rate
6.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 7, 2005
Sold by
Gassett Noel B and Boyd Patrick M
Bought by
Boyd Patrick M and Boyd David N

Purchase Details

Closed on
Jan 20, 2004
Sold by
Gassett Noel B and Gassett Betty A
Bought by
Gassett Noel B and Gassett Betty A

Purchase Details

Closed on
Jun 14, 2001
Sold by
Boyd J Margot
Bought by
Boyd Johan Margot and Johan Margot Boyd 2000 Trust
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
-- First American Title
Chen Lin $1,660,000 First American Title
Hoang Thuy $659,000 Chicago Title Company
Omahony Lucy G -- Chicago Title Company
Omahony Lucy G $905,000 Chicago Title Company
Boyd Patrick M -- None Available
Gassett Noel B -- --
Boyd Johan Margot -- --
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 $990,000
Closed Chen Lin $980,000
Previous Owner Omahony Lucy G $90,500
Previous Owner Omahony Lucy G $724,000
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
12/09/2024 12/09/24 Sold $1,660,000 -5.1% $469 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/25/2024 10/25/24 For Sale $1,750,000 -- $494 / 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 $22,354 $1,693,200 $1,275,000 $418,200
2025 $11,836 $1,660,000 $1,250,000 $410,000
2024 $11,836 $811,501 $442,078 $369,423
2023 $11,561 $795,590 $433,410 $362,180
2022 $11,516 $779,991 $424,912 $355,079
2021 $11,263 $764,698 $416,581 $348,117
2020 $11,056 $756,858 $412,310 $344,548
2019 $10,928 $742,019 $404,226 $337,793
2018 $10,641 $727,470 $396,300 $331,170
2017 $10,503 $713,207 $388,530 $324,677
2016 $9,914 $699,223 $380,912 $318,311
2015 $9,748 $688,721 $375,191 $313,530
2014 $9,329 $675,231 $367,842 $307,389
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81984969

MLSListings

APN: 284-27-015

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