NOT LISTED FOR SALE

1521 Pomona Ave San Jose, CA 95110

Tamien Neighborhood

Estimated Value: $897,431 - $1,155,000

3 Beds
2 Baths
1,412 Sq Ft
$723/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $450,000 $319 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $6,288/month

113 Days on Market

About This Home

As of October 2013

PRICE REDUCED!! NOT A SHORT SALE OR FORECLOSURE. 2 separate buildings. Front house features 2 bedroom 1 bath, living room, dining room, kitchen w nook, large laundry room and yard. Back house features 1 bedrm 1 bathrm, living room, laundry rm, basement and yard. Large detached garage at back of property. Awesome rental investment. Each unit has separate water, gas & electric meters. By appt only

Last Agent to Sell the Property

Lana Miranda

Miranda Real Estate License #01397454 Listed on: 04/28/2013

Last Buyer's Agent

Jim and Denise Myrick

Keller Williams Los Gatos Estates License #00893246

Keller Williams Los Gatos Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,728

Year Built

  • 1941

Lot Details

  • 7,841

Parking

  • Covered Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,412 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $31,140
  • The owner pays for garbage

Community Details

Overview

  • 2 Units
  • 1,412 Sq Ft Building

Building Details

  • Insurance Expense $1,500
  • Maintenance Expense $1,500
  • Manager Expense $200
  • Other Expense $1,000
  • Trash Expense $822
  • Operating Expense $6,067
  • Gross Income $29,583

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,728

Year Built

1941

Lot Details

0

Listing Details

  • Zoning: R1-8
  • Subclass: Duplex
  • Age: 72
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 318.70
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1412
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1941

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 1412
  • Stories: 1
  • Laundry: Laundry Area - In All Units

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Common Parking Area

Utilities

  • Heating System: Wall Furnace, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7840.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7840.00
  • Lot Size Area Min Search: 7840.00
  • Maximum Lot Size: 7840.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.45

Multi Family

  • Expense Insurance: 1500
  • Expense Maintenance: 1500
  • Expense Management: 200
  • Expenses Other: 1000
  • Expenses Total: 6067
  • Expense Trash: 822
  • Income Annual Gross: 29583.00
  • Income Annual Rental: 31140
  • Income Gross Scheduled: 31140
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Trash Removal, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Garbage
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Electric
  • Vacancy Amount: 1557
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2013
Closed on
Oct 22, 2013
Sold by
Sanchez Marlene
Bought by
Stevenson Teresa
Seller's Agent
Lana Miranda
Miranda Real Estate
Buyer's Agent
Jim and Denise Myrick
Keller Williams Los Gatos Estates
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$1,020,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$570,608
Avg. Annual Appreciation
7.17%
Original Mortgage
$405,000
Outstanding Balance
$305,669
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$714,939

Purchase Details

Closed on
Sep 30, 2009
Sold by
Sanchez Marlene
Bought by
Sanchez Marlene

Purchase Details

Closed on
Jul 5, 1994
Sold by
Caballero Jesse
Bought by
Caballero Jess G
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Stevenson Teresa $450,000 First American Title Company
Sanchez Marlene -- None Available
Caballero Jess G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stevenson Teresa $405,000
Previous Owner Sanchez Marlene $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2013 10/31/13 Sold $450,000 0.0% $319 / Sq Ft
08/19/2013 08/19/13 Pending -- -- --
04/28/2013 04/28/13 For Sale $450,000 -- $319 / 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 $8,728 $551,624 $386,140 $165,484
2024 $8,728 $540,809 $378,569 $162,240
2023 $8,512 $530,206 $371,147 $159,059
2022 $8,397 $519,811 $363,870 $155,941
2021 $8,145 $509,620 $356,736 $152,884
2020 $7,875 $504,396 $353,079 $151,317
2019 $7,657 $494,506 $346,156 $148,350
2018 $7,546 $484,811 $339,369 $145,442
2017 $7,465 $475,306 $332,715 $142,591
2016 $7,279 $465,988 $326,192 $139,796
2015 $7,219 $458,990 $321,293 $137,697
2014 $6,219 $450,000 $315,000 $135,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Lana Miranda

    Miranda Real Estate

  • J

    Buyer's Agent in 2013

    Jim and Denise Myrick

    Keller Williams Los Gatos Estates

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Map

Source: MLSListings

MLS Number: ML81320760

MLSListings

APN: 434-22-079

California Santa Clara County San Jose 95110 Tamien

1521 Pomona Ave, San Jose, CA

This home is located at 1521 Pomona Ave, San Jose, CA 95110 since 28 April 2013 and is currently estimated at $1,020,608, approximately $722 per square foot. This property was built in 1941. 1521 Pomona Ave is a home located in Santa Clara County with nearby schools including Ernesto Galarza Elementary School, Willow Glen Middle, and Willow Glen High School.

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