NOT LISTED FOR SALE
8 Beds
4 Baths
3,072 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: December 19, 2012

Last sale price $965,000 $314 Per Sq Ft

8 Days on Market

Highlights

  • Tile Flooring
  • Sunnyvale Middle School Rated A-
  • Laundry Facilities

About This Home

As of December 2012

Well-maintained 4-plex in outstanding location. All units remodeled - New cabinets, granite counters, appliances, wood flooring, all new bathrooms. Moments to downtown Sunnyvale and Mountain View. Close to freeways, shopping, El Camino Real, CalTrain. Dual paned windows. Large private patios/balconies. Below market rents - tremendous upside potential. Identical neighboring 2x1 rents for $1,695.

Last Agent to Sell the Property

Justin Bautista

Cassidy Turley Northern California, Inc. License #01268331 Listed on: 10/18/2012

Last Buyer's Agent

Rayin Lee

Giant Realty Inc. License #01150698

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 7,405

Parking

  • Carport

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,072 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $65,700
  • The owner pays for garbage, services - gardener/landscaping, hot water, water

Community Details

Building Details

  • Gardener Expense $300
  • Insurance Expense $1,000
  • Maintenance Expense $2,800
  • Other Expense $1,971
  • Utility Expense $1,950
  • Operating Expense $21,033
  • Gross Income $66,300

Additional Features

  • 3,072 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 314.13
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3072
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3072
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned Coin-Op, Community Facility
  • Flooring: Tile, Carpet - Wall To Wall, Vinyl / Linoleum

Exterior Features

  • Roof: Shingle, Composition

Garage/Parking

  • Garage Parking Features: Carport, Spaces Per Unit - 1

Utilities

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

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7405.00
  • Lot Size Area Min Search: 7405.00
  • Maximum Lot Size: 7405.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.95

Multi Family

  • Expense Insurance: 1000
  • Expense Landscape: 300
  • Expense Maintenance: 2800
  • Expenses Other: 1971
  • Expenses Total: 21033
  • Expenses Utility: 1950
  • Expense Water Sewer: 1950
  • Income Annual Gross: 66300.00
  • Income Annual Rental: 65700
  • Income Gross Scheduled: 66300
  • Income Includes: Laundry, Lease
  • Income Laundry: 600
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Hot Water, Utilities - Water, Utilities - Gas, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor, Utilities - Electric
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric

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 18, 2012
Closed on
Dec 8, 2012
Sold by
Bought by
Seller's Agent
Justin Bautista
Cassidy Turley Northern California, Inc.
Buyer's Agent
Rayin Lee
Giant Realty Inc.
List Price
$925,000
Sold Price
$965,000
Premium/Discount to List
$40,000
4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,900
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 16, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,058
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,058
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,484
Interest Rate
6.98%
Mortgage Type
Unknown
Source: Public Records

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
$964,750 First American Title Insuran
$900,000 Chicago Title Company
-- First American Title Company
-- First American Title Company
$840,000 First American Title Company
-- First American Title Guarant
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
Closed $375,000
Previous Owner $580,900
Previous Owner $83,000
Previous Owner $787,058
Previous Owner $655,484
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
12/19/2012 12/19/12 Sold $965,000 +4.3% $314 / Sq Ft
10/26/2012 10/26/12 Pending -- -- --
10/18/2012 10/18/12 For Sale $925,000 -- $301 / 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 $14,225 $1,212,085 $709,666 $502,419
2025 $13,711 $1,188,319 $695,751 $492,568
2024 $13,711 $1,165,019 $682,109 $482,910
2023 $13,586 $1,142,177 $668,735 $473,442
2022 $13,373 $1,119,782 $655,623 $464,159
2021 $13,247 $1,097,826 $642,768 $455,058
2020 $13,080 $1,086,570 $636,178 $450,392
2019 $12,788 $1,065,265 $623,704 $441,561
2018 $12,535 $1,044,378 $611,475 $432,903
2017 $12,373 $1,023,901 $599,486 $424,415
2016 $11,897 $1,003,826 $587,732 $416,094
2015 $11,966 $988,748 $578,904 $409,844
2014 $11,730 $969,381 $567,565 $401,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81238222

MLSListings
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