NOT LISTED FOR SALE

Estimated Value: $1,032,000 - $1,218,071

3 Beds
2 Baths
1,294 Sq Ft
$885/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $1,100,000 $850 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,709/month

20 Days on Market

Highlights

  • Ceiling Fan
  • 1-Story Property
  • 5-minute walk to Plata Arroyo Park
  • Vinyl Flooring

About This Home

As of April 2022

This duplex is a great investment opportunity. Cute starter Duplex in Little Portugal area of San Jose, good commute location and near proposed BART extension and current high-speed bus line to downtown Caltrain station/Google Development. Property features ample on-site parking. New Flooring and Paint have just been completed in the front unit. The rear unit is also well kept with newer kitchen cabinets and granite. Double pane windows, Front unit is 2 bedrooms 1 bath. Rear unit is a large 1 bedroom 1 bath.

Last Agent to Sell the Property

Nicolas Matos

Premier Realty Associates License #01954771 Listed on: 02/25/2022

Premier Realty Associates

Last Buyer's Agent

Sinssia Chih

AEZ Investment, Inc. License #01917473

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,572

Year Built

  • 1946

Lot Details

  • 6,351 Sq Ft Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,294 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Flooring

  • Laminate
  • Vinyl

Utilities

  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $46,200

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gross Income $46,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,572

Year Built

1946

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 76
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1294
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Living Sq Ft: 1294
  • Stories: 1
  • Flooring: Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Ceiling Fan
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1458
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6350.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6350.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.54
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Income Annual Gross: 46200.00
  • Income Annual Rental: 46200
  • Income Gross Scheduled: 46200
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2022
Closed on
Apr 8, 2022
Sold by
Tento Pinto Garcia and Tento Maria L
Bought by
Jattan Ramsay Ramos
Seller's Agent
Nicolas Matos
Premier Realty Associates
Buyer's Agent
Sinssia Chih
AEZ Investment, Inc.
List Price
$995,000
Sold Price
$1,100,000
Premium/Discount to List
$105,000
10.55%
Total Days on Market
20
Current Estimated Value
$1,145,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,268
Avg. Annual Appreciation
1.67%
Original Mortgage
$500,000
Outstanding Balance
$481,697
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$676,864
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

Date Buyer Sale Price Title Company
Jattan Ramsay Ramos $1,100,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jattan Ramsay Ramos $500,000
Closed Jattan Ramsay Ramos $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $1,100,000 +10.6% $850 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
02/25/2022 02/25/22 For Sale $995,000 -- $769 / 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
2024 $15,572 $1,144,440 $743,886 $400,554
2023 $15,260 $1,122,000 $729,300 $392,700
2022 $4,554 $195,203 $62,456 $132,747
2021 $4,366 $191,377 $61,232 $130,145
2020 $4,164 $189,416 $60,605 $128,811
2019 $4,021 $185,703 $59,417 $126,286
2018 $3,943 $182,062 $58,252 $123,810
2017 $3,885 $178,493 $57,110 $121,383
2016 $3,721 $174,994 $55,991 $119,003
2015 $3,679 $172,366 $55,150 $117,216
2014 $2,795 $168,990 $54,070 $114,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81879882

MLSListings

APN: 481-13-071