NOT LISTED FOR SALE
7 Beds
5 Baths
2,537 Sq Ft
5,624 Sq Ft Lot

Sale Details

Date Sold: September 5, 2017

Last sale price $1,350,000 $532 Per Sq Ft

14 Days on Market

Highlights

  • Granite Countertops
  • Secured Garage or Parking
  • Forced Air Heating System
  • 3 Car Attached Garage
  • Tile Flooring
  • Washer and Dryer

About This Home

As of September 2017

**WOW, WHAT A GREAT OPPORTUNITY FOR EITHER INVESTORS OR OWNER OCCUPIED BUYERS WANTING TO LIVE IN ONE OF THE UNITS*THE UNITS ARE CURRENTLY OWNER OCCUPIED*PRO FORMA RENTS HAVE THIS AT A 5 + PERCENT CAP RATE!!!!* GREAT WEST SAN JOSE LOCATION NEAR SANTANA ROW & THE ROSE GARDEN*ONE UNIT IS A 4/2.5 WITH A 2 CAR GARAGE AND THE OTHER UNIT IS A 3/1.5 WITH A 1 CAR GARAGE*LAUNDRY FOR EACH UNIT IS IN EAC OF THEIR GARAGES*THE UNITS HAVE GRANITE KITCHEN COUNTERS, LAMINATE FLOORING, RECESSED LIGHTING,& FRESH PAINT*BOTH UNITS HAVE ACCESS TO THE BACKYARD*THE OWNER HAS LIVED THERE FOR NEARLY 13 YEARS AND STATES THAT IT HAS BEEN A QUITE PLACE TO RESIDE IN*PLENTY OF PARKING SPACES IN THE DRIVEWAY AS WELL*HURRY DON'T LET THIS HOME PASS YOU BY!**OFFERS IF ANY MONDAY AUGUST 14TH @ 4PM*WE ARE OPEN TO VERY STRONG PREEMPTIVE OFFERS PRIOR TO THAT*THE OWNERS NEPHEW LIVES IN THE BOTTOM UNIT*BOTH UNITS WILL BE DELIVERED VACANT AT CLOSE OF ESCROW*

Last Agent to Sell the Property

Adam Santana

Santana Realty License #01254750 Listed on: 08/01/2017

Last Buyer's Agent

Francine Tsai

Giant Realty Inc. License #00962872

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1988

Lot Details

  • 5,624 Sq Ft Lot
  • Security Fence
  • Level Lot
  • Grass Covered Lot
  • Back Yard

Parking

  • 3 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,537 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Barbecue Area

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $80,400

Community Details

Overview

Building Details

  • Gardener Expense $500
  • Insurance Expense $1,800
  • Maintenance Expense $1,800
  • Trash Expense $550
  • Operating Expense $16,641
  • Gross Income $80,400

Property Details

Home Type

Multi-Family

Year Built

1988

Lot Details

5,624 Sq Ft Lot

Parking

3

Listing Details

  • Zoning: R1-N2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2537
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Kitchen: Countertop - Granite, Oven Range
  • Living Sq Ft: 2537
  • Stories: 2
  • Security: Secured Garage / Parking, Security Fence
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Bbq Area, Fenced, Low Maintenance
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 8
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1291
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5625.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5625.00

Rental Info

  • Gross Rent Multiplier: 13.68

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1800
  • Expense Landscape: 500
  • Expense Maintenance: 1800
  • Expenses Total: 16641
  • Expense Trash: 550
  • Income Annual Gross: 80400.00
  • Income Annual Rental: 80400
  • Income Gross Scheduled: 80400
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Vacancy Factor
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Water

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
Aug 1, 2017
Closed on
Aug 31, 2017
Sold by
Bought by
Seller's Agent
Adam Santana
Santana Realty
Buyer's Agent
Francine Tsai
Giant Realty Inc.
List Price
$1,100,000
Sold Price
$1,350,000
Premium/Discount to List
$250,000
22.73%

Purchase Details

Closed on
Nov 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
$584,000
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 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
$370,000
Interest Rate
5.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2002
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
$384,900
Interest Rate
5.75%

Purchase Details

Closed on
Sep 21, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 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
$360,000
Interest Rate
7.25%

Purchase Details

Closed on
Jan 17, 2001
Sold by
Bought by
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
$1,350,000 Orange Coast Title Co Norcal
$730,000 Alliance Title Company
$654,500 Alliance Title Company
-- Alliance Title Company
-- --
-- Alliance Title Company
-- --
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
Previous Owner $584,000
Previous Owner $370,000
Previous Owner $384,900
Previous Owner $360,000
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
09/05/2017 09/05/17 Sold $1,350,000 +22.7% $532 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $1,100,000 -- $434 / 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 $21,814 $1,566,785 $974,888 $591,897
2025 $21,055 $1,536,065 $955,773 $580,292
2024 $21,055 $1,505,947 $937,033 $568,914
2023 $20,700 $1,476,419 $918,660 $557,759
2022 $20,654 $1,447,471 $900,648 $546,823
2021 $20,461 $1,419,090 $882,989 $536,101
2020 $20,167 $1,404,540 $873,936 $530,604
2019 $20,360 $1,377,000 $856,800 $520,200
2018 $18,778 $1,350,000 $840,000 $510,000
2017 $12,696 $876,753 $480,413 $396,340
2016 $11,992 $859,563 $470,994 $388,569
2015 $11,806 $846,653 $463,920 $382,733
2014 $11,238 $830,069 $454,833 $375,236
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81672241

MLSListings

APN: 274-18-022

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