NOT LISTED FOR SALE

1398 Tami Lee Dr San Jose, CA 95122

Santee Neighborhood
8 Beds
4 Baths
3,264 Sq Ft
7,989 Sq Ft Lot

Last Sold March 27, 2018

Last sale price $1,398,000 $428 Per Sq Ft

7 Days on Market

About This Home

As of March 2018

Great investment opportunity! Most desirable street in the neighborhood, large lot, nice front and back yards. Professionally managed, well maintained, no deferred maintenance. Brand new thousands dollars of commercial water heater. Fully occupied, Unit 1 rent will be increased to $1870 from Apr 1. Minutes drive to 101, 280 and 680.

Last Agent to Sell the Property

Lucy Li

AEZ Investment, Inc. License #01970887 Listed on: 02/20/2018

Last Buyer's Agent

Steve Sharma

Sunworld Bankers & Real Estate License #01245613

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 7,989

Home Design

  • Quadruplex
  • Permanent Foundation
  • Shingle Roof

Interior Spaces

  • 3,264 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Parking Space
  • On-Street Parking
  • Uncovered Parking

Additional Features

  • 7,989 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $86,100

Community Details

Overview

  • Property has a Home Owners Association
  • 3,264 Sq Ft Building

Building Details

  • 4 Leased Units
  • Gardener Expense $564
  • Insurance Expense $1,732
  • Maintenance Expense $3,978
  • Manager Expense $4,200
  • Other Expense $4,080
  • Utility Expense $3,841
  • Trash Expense $2,379
  • Operating Expense $34,560
  • Gross Income $86,100

Security

  • Security Service

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 48
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3264
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Living Sq Ft: 3264
  • Stories: 2
  • Security: Security Service

Exterior Features

  • Foundation: Permanent
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: On Street, Parking Restrictions, Uncovered Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 300
  • HOA Exist: Yes

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1834
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7987.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7987.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.42
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1732
  • Expense Landscape: 564
  • Expense Maintenance: 3978
  • Expense Management: 4200
  • Expenses Other: 4080
  • Expenses Total: 34560
  • Expenses Utility: 3841
  • Expense Trash: 2379
  • Income Annual Gross: 86100.00
  • Income Annual Rental: 86100
  • Income Gross Scheduled: 86100
  • Income Includes: Rents
  • Meters: Separate Common Area
  • Number Of Buildings: 4
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities
  • Tenant Expenses: Rent Only

Range of Values:

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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 Change Sq Ft Price
03/27/2018 03/27/18 Sold $1,398,000 +1.3% $428 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
02/20/2018 02/20/18 For Sale $1,380,000 +45.3% $423 / Sq Ft
12/31/2015 12/31/15 Sold $950,000 0.0% $291 / Sq Ft
12/22/2015 12/22/15 Pending -- -- --
12/11/2015 12/11/15 For Sale $950,000 -- $291 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Lucy Li

    Seller's Agent in 2018

    Lucy Li

    AEZ Investment, Inc.

    (650) 798-4108

    9 Total Sales

    Lucy Li
    Section Image

  • S

    Buyer's Agent in 2018

    Steve Sharma

    Sunworld Bankers & Real Estate

  • Roxanne Barrionuevo

    Seller's Agent in 2015

    Roxanne Barrionuevo

    De Novo Real Estate

    (925) 683-1469

    53 Total Sales

    Roxanne Barrionuevo
    Section Image
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Map

Source: MLSListings

MLS Number: ML81693194

MLSListings

APN: 477-32-144

California Santa Clara County San Jose 95122 Santee

1398 Tami Lee Dr, San Jose, CA

This home is located at 1398 Tami Lee Dr, San Jose, CA 95122 since 20 February 2018. This property was built in 1970. 1398 Tami Lee Dr is a home located in Santa Clara County with nearby schools including Santee Elementary School, Sylvandale Middle School, and Yerba Buena High School.

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