NOT LISTED FOR SALE

1515 Mount Herman Dr Unit 1 San Jose, CA 95127

Mount Pleasant Neighborhood
6 Beds
4 Baths
2,564 Sq Ft
4,922 Sq Ft Lot

Last Sold October 04, 2016

Last sale price $980,000 $382 Per Sq Ft

102 Days on Market

Highlights

  • Granite Countertops
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of October 2016

All units are in excellent condition and fully remodeled 2 years ago. Everything are new namely: copper piping, kitchen granite counter top, maple cabinets, kitchen appliances, all bathrooms, laminate flooring, tile flooring in kitchen and in bathrooms, interior and exterior paint. Fully rented with good tenants. Close to shopping mall, restaurants and walking distance to schools.

Last Agent to Sell the Property

Cristina Martinez

Hernani Mendoza, Broker License #00990393 Listed on: 06/01/2016

Last Buyer's Agent

Cristina Martinez

Hernani Mendoza, Broker License #00990393 Listed on: 06/01/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 4,922 Sq Ft Lot

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,564 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Oven
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Uncovered Parking

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $68,400

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $1,500
  • Utility Expense $600
  • Trash Expense $800
  • Operating Expense $13,700
  • Gross Income $68,400

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: CP
  • Subclass: Triplex
  • Age: 52
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2564
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Granite, Oven Range - Electric
  • Living Sq Ft: 2564
  • Stories: 2
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: On Street, Uncovered Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1130
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4900.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 14.62
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1500
  • Expenses Total: 13700
  • Expenses Utility: 600
  • Expense Trash: 800
  • Income Annual Gross: 68400.00
  • Income Annual Rental: 68400
  • Income Gross Scheduled: 68400
  • Income Includes: Rents
  • Meters: Separate Common Area, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Utilities - Water
  • Tenant Expenses: Utilities - Electric

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
10/04/2016 10/04/16 Sold $980,000 -2.0% $382 / Sq Ft
09/12/2016 09/12/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $999,950 0.0% $390 / Sq Ft
07/18/2016 07/18/16 Pending -- -- --
06/30/2016 06/30/16 Price Changed $999,950 -2.4% $390 / Sq Ft
06/01/2016 06/01/16 For Sale $1,025,000 +13.9% $400 / Sq Ft
05/28/2015 05/28/15 Sold $900,000 -1.1% $351 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
10/29/2014 10/29/14 For Sale $910,000 +24.7% $355 / Sq Ft
02/18/2014 02/18/14 Sold $730,000 -2.7% $285 / Sq Ft
01/13/2014 01/13/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $750,000 -- $293 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81588431

MLSListings

APN: 647-12-048