NOT LISTED FOR SALE

1414 Essex Way San Jose, CA 95117

Castlemont Neighborhood
9 Beds
-- Bath
3,928 Sq Ft
6,098 Sq Ft Lot

Last Sold February 14, 2014

Last sale price $1,250,000 $318 Per Sq Ft

6 Days on Market

Highlights

  • Neighborhood Views
  • Tile Flooring
  • Forced Air Heating System
  • Westmont High School Rated A

About This Home

As of February 2014

Great Investment Opportunity! Well maintained 4-plex Property. 9 bedrooms/6 full baths w/attached 6-Car Garage.Excellent Campbell/West SJ location. Campbell School District.ALL UNITS ARE OCCUPIED w/LONG TERM TENANTS.2-Year-New Water-Heater.Partial Pergo floor. Close to school, shops, parks. Easy access to freeways.Please 'Do Not' disturb Tenants.Open house 2/8 & 2/9; offer due 2/11 by noon.

Last Agent to Sell the Property

Rebecca Pai

Coldwell Banker Realty License #01307899 Listed on: 02/05/2014

Coldwell Banker Realty

Last Buyer's Agent

Rebecca Pai

Coldwell Banker Realty License #01307899 Listed on: 02/05/2014

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1967

Lot Details

  • 6,098

Parking

  • Covered Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,928 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $73,872
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 3,928 Sq Ft Building

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Manager Expense $600
  • Trash Expense $1,560
  • Operating Expense $17,825
  • Gross Income $75,872

Property Details

Home Type

Multi-Family

Year Built

1967

Lot Details

0

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Age: 47
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 318.23
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3928
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1967

Interior Features

  • Kitchen: Refrigerator
  • Living Sq Ft: 3928
  • Stories: 2
  • Laundry: Washer/Dryer - Owned Coin-Op
  • Flooring: Carpet - Area, Tile, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Common Parking Area

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6120.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6120.00
  • Lot Size Area Min Search: 6120.00
  • Maximum Lot Size: 6120.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 15.16

Multi Family

  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expense Maintenance: 1200
  • Expense Management: 600
  • Expenses Total: 17825
  • Expense Trash: 1560
  • Expense Water Sewer: 1800
  • Income Annual Gross: 75872.00
  • Income Annual Rental: 73872
  • Income Gross Scheduled: 75872
  • Income Includes: Laundry, Lease
  • Income Laundry: 2000
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric

Range of Values:

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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
02/14/2014 02/14/14 Sold $1,250,000 +8.7% $318 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $1,149,950 -- $293 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rebecca Pai

    Coldwell Banker Realty

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Map

Source: MLSListings

MLS Number: ML81403510

MLSListings

APN: 305-07-005

California Santa Clara County San Jose 95117 Castlemont

1414 Essex Way, San Jose, CA

This home is located at 1414 Essex Way, San Jose, CA 95117 since 05 February 2014. This property was built in 1967. 1414 Essex Way is a home located in Santa Clara County with nearby schools including Rosemary Elementary School, Westmont High School, and Castlemont Elementary School.

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