NOT LISTED FOR SALE

1302 Daniel Ct Milpitas, CA 95035

9 Beds
9 Baths
5,013 Sq Ft
11,413 Sq Ft Lot

Last Sold July 22, 2015

Last sale price $2,150,000 $429 Per Sq Ft

7 Days on Market

Highlights

  • 0.26 Acre Lot
  • Mountain View
  • Vaulted Ceiling
  • William Burnett Elementary School Rated A
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of July 2015

4-Unit income property that was built in 1980 & totally remodeled in mid 2015*over 5,000 sq.ft. of living space with numerous capital improvements, unit mix (1) 3 beds/2 baths & (3) 2 beds/2 baths townhouse style units with attached garages,patios,balconies,fireplaces,newly updated kitchen & baths*Very Well-maintained & professionally managed high income, low operating expenses*Easy freeway access*2 remodeled & finished units rented (the biggest unit 3 beds/2 baths is vacant to allow for owner occupancy).

Last Agent to Sell the Property

Mo Bani-taba

Intero San Jose, Willow Glen Lincoln Ave License #01333629 Listed on: 06/24/2015

Intero San Jose, Willow Glen Lincoln Ave

Last Buyer's Agent

Timothy Crofton

Bay East AOR License #01168239

Property Details

Home Type

  • Multi-Family

Year Built

  • 1980

Lot Details

  • 0.26 Acre Lot
  • Fenced
  • Level Lot
  • Back Yard

Parking

  • 4 Car Attached Garage
  • 1 Carport Space
  • Guest Parking
  • On-Street Parking

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,013 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Mountain Views
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $64,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $960
  • Insurance Expense $3,000
  • Maintenance Expense $500
  • Manager Expense $7,000
  • Utility Expense $2,520
  • Trash Expense $1,380
  • Operating Expense $33,360
  • Gross Income $61,560

Property Details

Home Type

Multi-Family

Year Built

1980

Lot Details

0.26 Acres

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Style: Contemporary
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5013
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1980

Interior Features

  • Kitchen: Dishwasher, Exhaust Fan, Refrigerator
  • Living Sq Ft: 5013
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, Carport, Guest / Visitor Parking, On Street
  • Carport Min: 1

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • High School: 293

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2620
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11389.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11389.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written, Security Deposit
  • Gross Rent Multiplier: 30.86
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3000
  • Expense Landscape: 960
  • Expense Maintenance: 500
  • Expense Management: 7000
  • Expenses Total: 33360
  • Expenses Utility: 2520
  • Expense Trash: 1380
  • Income Annual Gross: 61560.00
  • Income Annual Rental: 64800
  • Income Gross Scheduled: 64800
  • Income Includes: Lease
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Gardener, Services - Trash Removal, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 5
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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 Prior Sale
07/22/2015 07/22/15 Sold $2,150,000 +7.5% $429 / Sq Ft
07/01/2015 07/01/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $1,999,888 +50.9% $399 / Sq Ft
12/26/2014 12/26/14 Sold -- -- -- View Prior Sale
11/20/2014 11/20/14 Pending -- -- --
11/04/2014 11/04/14 For Sale $1,325,000 -- $264 / 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 $28,821 $2,545,158 $1,479,744 $1,065,414
2024 $28,821 $2,495,254 $1,450,730 $1,044,524
2023 $28,734 $2,446,329 $1,422,285 $1,024,044
2022 $28,609 $2,398,363 $1,394,398 $1,003,965
2021 $28,196 $2,351,337 $1,367,057 $984,280
2020 $27,703 $2,327,228 $1,353,040 $974,188
2019 $27,381 $2,281,597 $1,326,510 $955,087
2018 $25,982 $2,236,860 $1,300,500 $936,360
2017 $25,647 $2,193,000 $1,275,000 $918,000
2016 $24,621 $2,150,000 $1,250,000 $900,000
2015 $15,754 $1,360,000 $800,000 $560,000
2014 $8,365 $716,034 $358,017 $358,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81472068

MLSListings

APN: 029-05-028

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