NOT LISTED FOR SALE

1657 Merrill Dr San Jose, CA 95124

De Voss-Leigh Neighborhood
8 Beds
4 Baths
3,200 Sq Ft
7,366 Sq Ft Lot

Last Sold December 01, 2020

Last sale price $1,559,300 $487 Per Sq Ft

26 Days on Market

Highlights

  • Granite Countertops
  • Lietz Elementary School Rated A-
  • Coin Laundry

About This Home

As of December 2020

Sharp Cambrian income property with lots of upward potential! Great location with top rated schools! Recent upgrades to building including all new siding, stucco & insulation on east elevation and 1st floor stucco on south elevation, new composition roof and carport waterproofing in 2018, upstairs deck waterproof coating re-done in 2019.

Last Agent to Sell the Property

Bradley Bonnifield

Realty World Cornerstone Group License #01804375 Listed on: 10/01/2020

Realty World Cornerstone Group

Last Buyer's Agent

Jing Ye

Coldwell Banker Realty License #01899480

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,366

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property

Kitchen

  • Granite Countertops
  • Laminate Countertops

Additional Features

  • 7,366 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $83,119
  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,540
  • Insurance Expense $3,279
  • Maintenance Expense $3,000
  • Other Expense $1,500
  • Utility Expense $3,780
  • Trash Expense $2,307
  • Operating Expense $27,868
  • Gross Income $81,683

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 57
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3200
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Countertop - Granite, Countertop - Laminate
  • Living Sq Ft: 3200
  • Stories: 2
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

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

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1691
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7364.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7364.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 18.86
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3279
  • Expense Landscape: 1540
  • Expense Maintenance: 3000
  • Expenses Other: 1500
  • Expenses Total: 27868
  • Expenses Utility: 3780
  • Expense Trash: 2307
  • Income Annual Gross: 81683.00
  • Income Annual Rental: 83119
  • Income Gross Scheduled: 84209
  • Income Includes: Laundry, Rents
  • Income Other: 1090
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Services - Gardener, Services - Trash Removal, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $1,559,300 -1.8% $487 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $1,588,000 0.0% $496 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $1,588,000 -- $496 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bradley Bonnifield

    Seller's Agent in 2020

    Bradley Bonnifield

    Realty World Cornerstone Group

    (408) 892-4400

    1 in this area

    30 Total Sales

    Bradley Bonnifield
    Section Image

  • J

    Buyer's Agent in 2020

    Jing Ye

    Coldwell Banker Realty

    (408) 212-8800

    1 in this area

    13 Total Sales

    Jing Ye
    Section Image
  • Ayriana Gardner

    Buyer's Agent in 2020

    Ayriana Gardner

    Select Living Realty Group

    (619) 366-1338

    1 in this area

    6 Total Sales

    Ayriana Gardner
    Section Image

  • D

    Buyer's Agent in 2020

    Dariush Mahajer

    Creative Commercial Group

    (619) 737-2126

    1 in this area

    4 Total Sales

    Dariush Mahajer
    Section Image
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Map

Source: MLSListings

MLS Number: ML81813705

MLSListings

APN: 567-06-036

California Santa Clara County San Jose 95124 De Voss-Leigh

1657 Merrill Dr, San Jose, CA

This home is located at 1657 Merrill Dr, San Jose, CA 95124 since 01 October 2020. This property was built in 1963. 1657 Merrill Dr is a home located in Santa Clara County with nearby schools including Lietz Elementary School, Noddin Elementary School, and Union Middle School.

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