NOT LISTED FOR SALE

1559 E Calaveras Blvd Milpitas, CA 95035

Milpitas Area
8 Beds
4 Baths
3,328 Sq Ft
0.27 Acre Lot

Sale Details

Date Sold: March 2, 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 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

  • 11,914 Sq Ft 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

0.27 Acres

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2019
Closed on
Mar 5, 2020
Sold by
Bought by
Seller's Agent
Suong Phung
K & S Realty
Buyer's Agent
Suong Phung
K & S Realty
List Price
$1,579,999
Sold Price
$1,525,000
Premium/Discount to List
-$54,999
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
0.036%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
0.039%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 21, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
0.0405%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 31, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,150
Interest Rate
0.06%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 5, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,150
Interest Rate
0.06%
Mortgage Type
Negative Amortization
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,500,000 Fidelity National Title Co
$1,900,000 Fidelity National Title Co
$11,050,000 Wfg National Title Ins Co
-- --
-- Fidelity National Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $620,000
Previous Owner $260,000
Previous Owner $950,000
Previous Owner $678,000
Previous Owner $800,000
Previous Owner $3,000,000
Previous Owner $578,150
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: MLSListings

MLS Number: ML81772856

MLSListings

APN: 029-19-080

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