NOT LISTED FOR SALE

166 Michael Dr Campbell, CA 95008

9 Beds
6 Baths
4,510 Sq Ft
8,111 Sq Ft Lot

Last Sold July 28, 2021

Last sale price $2,400,000 $532 Per Sq Ft

40 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Bagby Elementary School Rated A-
  • 4-minute walk to Stojanovich Family Park

About This Home

As of July 2021

Fourplex of rare size and amenities***Over $160,000 in Upgrades***Located one block from Pruneyard and a short walk to Downtown Campbell***Extensively renovated interior and exterior***Large units averaging over 1,000 sf each***Great owner/user opportunity with a 3 bed 2 bath townhome with private patio*** Central A/C and Heating in each unit***Laundry in each unit***Ample storage for tenants and owner/user.

Last Agent to Sell the Property

Carlos Azucena

Marcus & Millichap License #01738155 Listed on: 05/18/2021

Last Buyer's Agent

Scott Poncetta

KW Bay Area Estates License #01497030

KW Bay Area Estates

Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Lot Details

  • 8,111

Parking

  • 2 Carport Spaces

Home Design

  • Quadruplex
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,510 Sq Ft Home
  • 2-Story Property
  • Window Bars

Additional Features

  • 8,111 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $136,680

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,800
  • Maintenance Expense $2,000
  • Other Expense $2,400
  • Utility Expense $1,500
  • Trash Expense $400
  • Operating Expense $42,250
  • Gross Income $136,680

Property Details

Home Type

Multi-Family

Year Built

1970

Lot Details

0

Listing Details

  • Zoning: R-3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4510
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Living Sq Ft: 4510
  • Stories: 2
  • Security: Window Bars

Exterior Features

  • Foundation: Concrete Perimeter

Garage/Parking

  • Garage Parking Features: Covered Parking
  • Carport Min: 2

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1862
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8109.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8109.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.99
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1800
  • Expense Landscape: 1200
  • Expense Maintenance: 2000
  • Expenses Other: 2400
  • Expenses Total: 42250
  • Expenses Utility: 1500
  • Expense Trash: 400
  • Income Annual Gross: 136680.00
  • Income Annual Rental: 136680
  • Income Gross Scheduled: 136680
  • Income Includes: Rents
  • Meters: Master Electric, Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Services - Trash Removal, Utilities, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Heating

Range of Values:

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Value Increase
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Percent Increase
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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
07/28/2021 07/28/21 Sold $2,400,000 -7.5% $532 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $2,595,000 -- $575 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Carlos Azucena

    Seller's Agent in 2021

    Carlos Azucena

    Marcus & Millichap

    (650) 391-1700

    1 in this area

    32 Total Sales

    Carlos Azucena
    Section Image
  • Scott Poncetta

    Buyer's Agent in 2021

    Scott Poncetta

    KW Bay Area Estates

    (408) 757-1007

    2 in this area

    48 Total Sales

    Scott Poncetta
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81844478

MLSListings

APN: 412-12-025

California Santa Clara County Campbell 95008

166 Michael Dr, Campbell, CA

Not Listed for Sale

MultiFamily

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