NOT LISTED FOR SALE

141 Wilton Dr Campbell, CA 95008

8 Beds
5 Baths
3,747 Sq Ft
8,516 Sq Ft Lot

Last Sold October 06, 2020

Last sale price $2,250,000 $600 Per Sq Ft

4 Days on Market

Highlights

  • 4 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to John D. Morgan Park
  • Westmont High School Rated A

About This Home

As of October 2020

True TURNKEY Opportunity! Full exterior renovation - New Comp Shingle Roof, Dual Paned Windows, Garage Doors w/ Automatic Openers, Digital Door Locks, Drought Tolerant Landscaping, Outdoor Patios. New Copper Plumbing and Hot Water Heater. All units completely renovated - In Unit Laundry, New Flooring, All New Kitchens w/ Stainless Steel Appliances, Modern Cabinets and Quartz Counters, Can Lighting, New Furnaces, Mirrored Closet Doors, Fully Upgraded Bathrooms, Air Conditioning. Strong in place rents - over $11K per month. Great rental location - close to shopping, parks, freeways, Downtown Campbell. Historic low 30-year fixed loans available. This is a MUST SEE!

Last Agent to Sell the Property

Justin Bautista

Newmark Cornish & Carey License #01268331 Listed on: 08/20/2020

Co-Listed By

Joel Hopman

Newmark Cornish & Carey License #01934574

Last Buyer's Agent

Ying Wang

Phoenix Real Estate Investment Corporation License #01302186

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 8,516 Sq Ft Lot

Parking

  • 4 Car Detached Garage
  • Off-Street Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,747 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $133,380

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $1,800
  • Maintenance Expense $2,000
  • Other Expense $5,335
  • Utility Expense $4,500
  • Trash Expense $2,400
  • Operating Expense $46,087
  • Gross Income $133,380

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Parking

4

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3747
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 3747
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Cooling System: Central Ac, Window / Wall Unit
  • Heating System: Forced Air, Wall Furnace
  • Sewer/Septic System: Sewer Connected, Sewer In Street

Lot Info

  • Lot Acres: 0.1955
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8515.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8515.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 16.11
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1800
  • Expense Landscape: 1800
  • Expense Maintenance: 2000
  • Expenses Other: 5335
  • Expenses Total: 46087
  • Expenses Utility: 4500
  • Expense Trash: 2400
  • Income Annual Gross: 133380.00
  • Income Annual Rental: 133380
  • Income Gross Scheduled: 133380
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Range of Values:

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Value Increase
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Percent Increase
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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 Prior Sale
10/06/2020 10/06/20 Sold $2,250,000 +4.7% $600 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $2,149,000 +32.2% $574 / Sq Ft
01/12/2018 01/12/18 Sold $1,625,000 +4.8% $434 / Sq Ft View Prior Sale
11/10/2017 11/10/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $1,550,000 -- $414 / 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 $31,271 $2,435,470 $1,813,073 $622,397
2024 $31,271 $2,387,717 $1,777,523 $610,194
2023 $30,847 $2,340,900 $1,742,670 $598,230
2022 $30,595 $2,295,000 $1,708,500 $586,500
2021 $29,976 $2,250,000 $1,675,000 $575,000
2020 $22,682 $1,690,650 $1,352,520 $338,130
2019 $22,292 $1,657,500 $1,326,000 $331,500
2018 $8,459 $533,246 $266,623 $266,623
2017 $8,261 $522,792 $261,396 $261,396
2016 $7,751 $512,542 $256,271 $256,271
2015 $7,551 $504,844 $252,422 $252,422
2014 $7,214 $494,956 $247,478 $247,478
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81806973

MLSListings

APN: 305-37-014