T
Seller's Agent in 2021
Truman Nhu
CENTURY 21 Masters
1610 Virginia Ave San Jose, CA 95116
Mayfair Neighborhood
10
Beds
6
Baths
3,859
Sq Ft
6,586
Sq Ft Lot
About This Home
As of October 2021SELLER FINANCING - $1,000,000 loan at 3.5% fixed for 15 years **** Incredible opportunity to acquire a 4-plex and ultimately pay off the loan in 15 years **** The property features a lovely unit mix of (2) 3 bedroom / 2 bathroom townhouses and (2) 2 bedroom / 1 bathroom townhouses **** These spacious apartments average 965 square feet each and feature a private patio or balcony **** The property has solid in-place rents with upside potential **** This vital rental location is minutes from Downtown San Jose and is conveniently located near freeways 101, 280, and 680 **** The property is also minutes away from shopping, schools, and parks.
Last Agent to Sell the Property
Truman Nhu
CENTURY 21 Masters License #01110101 Listed on: 06/04/2021
Last Buyer's Agent
Truman Nhu
CENTURY 21 Masters License #01110101 Listed on: 06/04/2021
Property Details
Home Type
- Multi-Family
Year Built
- 1962
Lot Details
- 6,586
Home Design
- Quadruplex
- Slab Foundation
- Composition Roof
Interior Spaces
- 3,859 Sq Ft Home
- 2-Story Property
Parking
- 2 Parking Spaces
- 4 Carport Spaces
Additional Features
- 6,586 Sq Ft Lot
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $103,000
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $600
- Insurance Expense $1,600
- Maintenance Expense $3,000
- Utility Expense $3,600
- Trash Expense $1,800
- Operating Expense $34,100
- Gross Income $98,880
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2021 10/28/21 | Sold | $1,675,000 | -1.5% | $434 / Sq Ft |
| 08/03/2021 08/03/21 | Pending | -- | -- | -- |
| 08/03/2021 08/03/21 | Price Changed | $1,700,000 | 0.0% | $441 / Sq Ft |
| 06/04/2021 06/04/21 | For Sale | $1,700,000 | -- | $441 / Sq Ft |
Source: MLSListings
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 | $24,612 | $1,777,523 | $1,368,958 | $408,565 |
| 2024 | $24,612 | $1,742,670 | $1,342,116 | $400,554 |
| 2023 | $24,171 | $1,708,500 | $1,315,800 | $392,700 |
| 2022 | $23,736 | $1,675,000 | $1,290,000 | $385,000 |
| 2021 | $6,393 | $344,504 | $105,252 | $239,252 |
| 2020 | $6,334 | $340,972 | $104,173 | $236,799 |
| 2019 | $6,175 | $334,287 | $102,131 | $232,156 |
| 2018 | $6,089 | $327,733 | $100,129 | $227,604 |
| 2017 | $6,084 | $321,308 | $98,166 | $223,142 |
| 2016 | $5,741 | $315,009 | $96,242 | $218,767 |
| 2015 | $5,691 | $310,278 | $94,797 | $215,481 |
| 2014 | -- | $304,202 | $92,941 | $211,261 |
Source: Public Records
Agents Affiliated with this Home
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-
Alexia Judy Nguyen
Seller Co-Listing Agent in 2021
Alexia Judy Nguyen
CENTURY 21 Masters
(408) 316-8228
1 in this area
42 Total Sales
Map
Source: MLSListings
MLS Number: ML81856461
APN: 481-44-046
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