NOT LISTED FOR SALE

1559 E Calaveras Blvd Milpitas, CA 95035

8 Beds
4 Baths
3,328 Sq Ft
0.27 Acres

Last Sold March 02, 2020

Last sale price $1,525,000 $458 Per Sq Ft

3 Days on Market

About This Home

As of March 2020

good stable rental income

Last Agent to Sell the Property

Suong Phung

K & S Realty, LLC License #01721388 Listed on: 10/17/2019

Last Buyer's Agent

Susan Tracy

Torrey Pacific Real Estate License #01493313

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 0.27 Acre Lot

Parking

  • 4 Car Garage
  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $97,200

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,250
  • Insurance Expense $1,300
  • Maintenance Expense $900
  • Manager Expense $3,276
  • Other Expense $950
  • Utility Expense $1,290
  • Trash Expense $3,600
  • Operating Expense $33,766
  • Gross Income $97,390

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3328
  • Stories: 2

Exterior Features

  • Foundation: Pillars / Posts / Piers
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

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

Lot Info

  • Lot Acres: 0.2735
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11914.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11914.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.22
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1300
  • Expense Landscape: 1250
  • Expense Maintenance: 900
  • Expense Management: 3276
  • Expenses Other: 950
  • Expenses Total: 33766
  • Expenses Utility: 1290
  • Expense Trash: 3600
  • Income Annual Gross: 97390.00
  • Income Annual Rental: 97200
  • Income Gross Scheduled: 97390
  • Income Includes: Laundry
  • Income Other: 190
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Utilities - Water

Range of Values:

--
Value Increase
--
Percent Increase
--
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
03/02/2020 03/02/20 Sold $1,525,000 -3.5% $458 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $1,579,999 -- $475 / 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 $18,687 $1,640,464 $1,203,008 $437,456
2024 $18,687 $1,608,299 $1,179,420 $428,879
2023 $18,630 $1,576,765 $1,156,295 $420,470
2022 $18,551 $1,545,849 $1,133,623 $412,226
2021 $18,283 $1,515,540 $1,111,396 $404,144
2020 $20,118 $1,683,000 $1,122,000 $561,000
2019 $17,359 $1,437,052 $988,380 $448,672
2018 $16,477 $1,408,875 $969,000 $439,875
2017 $6,842 $565,909 $202,107 $363,802
2016 $6,566 $554,814 $198,145 $356,669
2015 $6,501 $546,481 $195,169 $351,312
2014 $6,325 $535,777 $191,346 $344,431
Source: Public Records

Agents Affiliated with this Home

  • Suong Phung

    Seller's Agent in 2020

    Suong Phung

    K & S Realty, LLC

    (408) 533-2860

    14 Total Sales

    Suong Phung
    Section Image

  • S

    Buyer's Agent in 2020

    Susan Tracy

    Torrey Pacific Real Estate

See All Agents

Map

Source: MLSListings

MLS Number: ML81772856

MLSListings

APN: 029-19-080

California Santa Clara County Milpitas 95035

1559 E Calaveras Blvd, Milpitas, CA

Not Listed for Sale

MultiFamily

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