NOT LISTED FOR SALE
9 Beds
6 Baths
4,510 Sq Ft
8,111 Sq Ft Lot

Sale Details

Date 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
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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

8,111 Sq Ft Lot

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

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

Closed on
May 9, 2022
Sold by
Babu Kamath Ajay and Babu Ajay Asha
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
$1,440,000
Outstanding Balance
$1,309,552
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2021
Closed on
Jul 26, 2021
Sold by
Lari Elisa and The Lari Trust
Bought by
Kamath Ajay Babu and Kamath Asha Ajay
Seller's Agent
Carlos Azucena
Marcus & Millichap
Buyer's Agent
Scott Poncetta
KW Bay Area Estates
List Price
$2,595,000
Sold Price
$2,400,000
Premium/Discount to List
-$195,000
-7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2016
Sold by
Aufdermauer Steven R and Aufdermauer Paula J
Bought by
Lari Elisa and Lari Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2001
Sold by
Munk Malcom B and Munk Rexine
Bought by
Aufdermauer Steven R and Aufdermauer Paula J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$505,000
Interest Rate
9.33%

Purchase Details

Closed on
Feb 18, 1997
Sold by
Hyer Warren Allen
Bought by
Hyer Valynn Munk

Purchase Details

Closed on
Feb 14, 1997
Sold by
Schuurman Jeannette Munk and Hyer Valynn Munk
Bought by
Munk Vaun C and Munk Jo Anne N
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Rosenberg Lpa Llc
Kamath Ajay Babu $2,400,000 First American Title Company
Lari Elisa $1,475,000 First American Title Company
Aufdermauer Steven R $252,500 Financial Title Company
Hyer Valynn Munk -- Old Republic Title Company
Munk Vaun C $137,000 Old Republic Title Company
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 $1,440,000
Previous Owner Kamath Ajay Babu $1,440,000
Previous Owner Lari Elisa $420,000
Previous Owner Aufdermauer Steven R $505,000
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
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

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
2026 $33,137 $2,597,835 $1,731,890 $865,945
2025 $32,667 $2,546,898 $1,697,932 $848,966
2024 $32,667 $2,496,960 $1,664,640 $832,320
2023 $32,626 $2,448,000 $1,632,000 $816,000
2022 $32,075 $2,400,000 $1,600,000 $800,000
2021 $22,286 $1,613,126 $1,131,923 $481,203
2020 $21,199 $1,596,586 $1,120,317 $476,269
2019 $20,847 $1,565,281 $1,098,350 $466,931
2018 $20,210 $1,534,590 $1,076,814 $457,776
2017 $19,744 $1,504,500 $1,055,700 $448,800
2016 $11,658 $860,809 $423,924 $436,885
2015 $11,421 $847,880 $417,557 $430,323
2014 -- $831,272 $409,378 $421,894
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81844478

MLSListings

APN: 412-12-025

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