NOT LISTED FOR SALE

1185 Shirley Dr Milpitas, CA 95035

8 Beds
-- Bath
2,992 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: May 29, 2013

Last sale price $826,000 $276 Per Sq Ft

10 Days on Market

Highlights

  • Laundry Facilities
  • Wall to Wall Carpet
  • 4-minute walk to Selwyn Park
  • Alexander Rose Elementary School Rated A-

About This Home

As of May 2013

Well located 4plex with (4) 2 bedroom units-Long term tenants with significant upside in rents. Fresh exterior paint. Excellent rental location-just a short walk to several retail centers-Quick access to Highways 880 and & 237. Great unit mix with functional floor plans. Very low vacancy in this rental market.

Last Agent to Sell the Property

Patrick Conkin

Cassidy Turley Northern California, Inc. License #00922897 Listed on: 04/15/2013

Cassidy Turley Northern California, Inc.

Last Buyer's Agent

Joseph Yen

Compass License #01136969

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 8,712

Parking

  • Carport

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,992 Sq Ft Home
  • 2-Story Property
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $52,680
  • The owner pays for electric, garbage, gas, hot water, water

Community Details

Building Details

  • Insurance Expense $1,200
  • Maintenance Expense $2,500
  • Utility Expense $1,450
  • Trash Expense $1,900
  • Operating Expense $18,230
  • Gross Income $53,760

Additional Features

  • 2,992 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Zoning: R3S
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 276.07
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2992
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Oven Range, Varies By Unit, Refrigerator
  • Living Sq Ft: 2992
  • Stories: 2
  • Laundry: Washer/Dryer - Owned Coin-Op, Community Facility
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Storage Locker

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9072.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 9072.00
  • Lot Size Area Min Search: 9072.00
  • Maximum Lot Size: 9072.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.23

Multi Family

  • Expense Insurance: 1200
  • Expense Maintenance: 2500
  • Expenses Total: 18230
  • Expenses Utility: 1450
  • Expense Trash: 1900
  • Expense Water Sewer: 2000
  • Income Annual Gross: 53760.00
  • Income Annual Rental: 52680
  • Income Gross Scheduled: 53760
  • Income Includes: Laundry, Lease
  • Income Laundry: 1080
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Insurance, Accounting/Legal, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Electric, Garbage, Gas, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, 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

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
05/29/2013 05/29/13 Sold $826,000 +8.0% $276 / Sq Ft
04/25/2013 04/25/13 Pending -- -- --
04/15/2013 04/15/13 For Sale $765,000 -- $256 / 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
2025 $11,731 $1,017,149 $615,709 $401,440
2024 $11,731 $997,206 $603,637 $393,569
2023 $11,695 $977,653 $591,801 $385,852
2022 $11,647 $958,485 $580,198 $378,287
2021 $11,480 $939,692 $568,822 $370,870
2020 $11,281 $930,058 $562,990 $367,068
2019 $11,153 $911,822 $551,951 $359,871
2018 $10,593 $893,944 $541,129 $352,815
2017 $10,457 $876,417 $530,519 $345,898
2016 $10,039 $859,233 $520,117 $339,116
2015 $9,938 $846,328 $512,305 $334,023
2014 $9,679 $829,750 $502,270 $327,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81312231

MLSListings

APN: 088-03-021

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