NOT LISTED FOR SALE
8 Beds
-- Bath
2,992 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: September 21, 2012

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

11 Days on Market

Highlights

  • Laundry Facilities
  • Rancho Milpitas Middle 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

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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

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

Closed on
Apr 25, 2014
Sold by
Bought by

Purchase Details

Listed on
Mar 26, 2012
Closed on
Sep 18, 2012
Sold by
Bought by
Seller's Agent
Cristina Martinez
Hernani Mendoza, Broker
Buyer's Agent
Herna Mendoza
Hernani Mendoza, Broker
List Price
$699,950
Sold Price
$705,000
Premium/Discount to List
$5,050
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2012
Closed on
Sep 14, 2012
Sold by
Bought by
Seller's Agent
Cristina Martinez
Hernani Mendoza, Broker
Buyer's Agent
Herna Mendoza
Hernani Mendoza, Broker
List Price
$699,950
Sold Price
$705,000
Premium/Discount to List
$5,050
0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2006
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
$651,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 16, 2006
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
$652,500
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2006
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
$652,500
Interest Rate
6.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 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
$96,600
Interest Rate
7.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 23, 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
$525,000
Interest Rate
7.11%

Purchase Details

Closed on
May 16, 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
$525,000
Interest Rate
7.14%

Purchase Details

Closed on
Sep 8, 1999
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Milpitas, CA

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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
-- Chicago Title Company
$705,000 Chicago Title Company
$930,000 Financial Title Company
$65,000 None Available
-- Financial Title Company
$700,000 Alliance Title Company
$200,500 Alliance Title Company
-- Stewart Title
-- --
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 $377,400
Closed $377,400
Closed $450,000
Previous Owner $651,000
Previous Owner $652,500
Previous Owner $96,600
Previous Owner $525,000
Previous Owner $200,113
Previous Owner $525,000
Previous Owner $25,000
Previous Owner $252,000
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
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

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 $10,346 $885,507 $376,811 $508,696
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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