NOT LISTED FOR SALE

1341 Calle Oriente Milpitas, CA 95035

6 Beds
-- Bath
2,944 Sq Ft
7,841 Sq Ft Lot

Last Sold March 18, 2014

Last sale price $902,129 $306 Per Sq Ft

7 Days on Market

About This Home

As of March 2014

Great investment property next to Milpitas foothills. Excellent location near schools, hospital, freeways and shopping. Fully occupied. Washer/dryer hook-ups in all units. 4-car carport. Property to be sold AS-IS. Please Do Not Disturb Tenants.

Last Agent to Sell the Property

Freddie Cacao

B N G Realty License #01330617 Listed on: 01/24/2014

Last Buyer's Agent

Alexey Blokhin

Real E-State License #01771121

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,841

Parking

  • Carport

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,944 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $56,400
  • The owner pays for electric, garbage, gas, hot water, water

Community Details

Overview

  • 2,944 Sq Ft Building

Building Details

  • Insurance Expense $1,200
  • Trash Expense $1,080
  • Operating Expense $8,363
  • Gross Income $56,400

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R3S
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 306.43
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 2944
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Garbage Disposal, Oven Range
  • Living Sq Ft: 2944
  • Stories: 2
  • Laundry: Laundry Area - In All Units

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: 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: 8250.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8250.00
  • Lot Size Area Min Search: 8250.00
  • Maximum Lot Size: 8250.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.13

Multi Family

  • Expense Insurance: 1200
  • Expenses Total: 8363
  • Expense Trash: 1080
  • Expense Water Sewer: 2100
  • Income Annual Gross: 56400.00
  • Income Annual Rental: 56400
  • Income Gross Scheduled: 56400
  • Income Includes: Lease
  • 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, Services - Sewer
  • Owner Pays: Electric, Garbage, Gas, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Electric

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
03/18/2014 03/18/14 Sold $902,129 -0.9% $306 / Sq Ft
01/31/2014 01/31/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $909,950 -- $309 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $12,698 $1,105,874 $747,929 $357,945
2024 $12,698 $1,084,191 $733,264 $350,927
2023 $12,659 $1,062,934 $718,887 $344,047
2022 $12,607 $1,042,093 $704,792 $337,301
2021 $12,425 $1,021,661 $690,973 $330,688
2020 $12,209 $1,011,186 $683,888 $327,298
2019 $12,070 $991,360 $670,479 $320,881
2018 $11,461 $971,923 $657,333 $314,590
2017 $11,314 $952,867 $644,445 $308,422
2016 $10,860 $934,184 $631,809 $302,375
2015 $10,751 $920,153 $622,319 $297,834
2014 $3,968 $327,522 $137,900 $189,622
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81402397

MLSListings

APN: 029-05-009