NOT LISTED FOR SALE

1162 Edsel Dr Milpitas, CA 95035

8 Beds
-- Bath
2,992 Sq Ft
7,405 Sq Ft Lot

Last Sold September 21, 2012

Last sale price $705,000 $236 Per Sq Ft

11 Days on Market

Highlights

  • Laundry Facilities
  • Alexander Rose Elementary School Rated A-
  • Carpet

About This Home

As of September 2012

WELL MAINTAINED FULLY OCCUPIED UNITS IN A QUIET NEIGHBORHOOD. EASY ACCESS TO 680. CLOSE TO STORES, RETAURANTS & SCHOOLS. GOOD RENTAL INCOME.

Last Agent to Sell the Property

Cristina Martinez

Hernani Mendoza, Broker License #00990393 Listed on: 03/26/2012

Last Buyer's Agent

Herna Mendoza

Hernani Mendoza, Broker License #01136902

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,405

Home Design

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

Flooring

  • Carpet
  • Vinyl

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Additional Features

  • Oven or Range
  • Energy-Efficient Insulation

Listing and Financial Details

  • Total Actual Rent $60,000
  • The owner pays for garbage, services - gardener/landscaping

Community Details

Building Details

  • Gardener Expense $660
  • Insurance Expense $1,296
  • Manager Expense $3,600
  • Utility Expense $1,980
  • Trash Expense $1,900
  • Operating Expense $22,511
  • Gross Income $60,360

Additional Features

  • 2,992 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Zoning: R3S
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 235.63
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2992
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 2992
  • Laundry: Washer/Dryer - Leased, Washer/Dryer - Leased Coin-Op, Community Facility
  • Flooring: Carpet - Area, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking, 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: 7560.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7560.00
  • Lot Size Area Min Search: 7560.00
  • Maximum Lot Size: 7560.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.60

Multi Family

  • Expense Insurance: 1296
  • Expense Landscape: 660
  • Expense Management: 3600
  • Expenses Total: 22511
  • Expenses Utility: 1980
  • Expense Trash: 1900
  • Expense Water Sewer: 2640
  • Income Annual Gross: 60360.00
  • Income Annual Rental: 60000
  • Income Gross Scheduled: 60360
  • Income Includes: Laundry, Lease
  • Income Laundry: 360
  • Meters: Separate Electric, Master Electric, Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Fee - Property Management
  • Owner Pays: Garbage, Services - Gardener/Landscaping
  • Tenant Expenses: Utilities - Gas, Cable Tv, Utilities - Electric
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2012 09/21/12 Sold $705,000 +0.7% $236 / Sq Ft
04/06/2012 04/06/12 Pending -- -- --
03/26/2012 03/26/12 For Sale $699,950 -- $234 / Sq Ft
Source: MLSListings

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 $10,062 $868,145 $369,423 $498,722
2024 $10,062 $851,124 $362,180 $488,944
2023 $10,031 $834,436 $355,079 $479,357
2022 $9,991 $818,075 $348,117 $469,958
2021 $9,847 $802,036 $341,292 $460,744
2020 $9,677 $793,813 $337,793 $456,020
2019 $9,568 $778,249 $331,170 $447,079
2018 $9,089 $762,990 $324,677 $438,313
2017 $8,973 $748,030 $318,311 $429,719
2016 $8,614 $733,364 $312,070 $421,294
2015 $8,528 $722,349 $307,383 $414,966
2014 $8,303 $708,200 $301,362 $406,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81211254

MLSListings

APN: 088-02-008

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