NOT LISTED FOR SALE
4 Beds
2 Baths
1,963 Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: February 23, 2016

Last sale price $1,440,000 $734 Per Sq Ft

86 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Back Yard
  • Louis E. Stocklmeir Elementary School Rated A-
  • Fenced
  • 1-Story Property

About This Home

As of February 2016

Best area in Silicon Valley, rent potential is endless!! Walk to new Apple site!!! Per owner: Installed central air conditioning & heat 2013, insulated windows & patio doors 2013, automatic lawn sprinklers 2013, electrical panels 2013 . Unit 1690 remodeled in 2014 with kitchen cabinets, oven & stove, dishwasher, bathroom vanity & mirror, new doors and hardware. Buyer to verify all measurements & statements. Rents are very low for area. Property rents out quickly. Please do not disturb tenants.

Last Agent to Sell the Property

Wayne Miller

Homeland Properties License #00712917 Listed on: 10/30/2015

Last Buyer's Agent

Soli Saatchi

Compass License #00925744

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • Fenced
  • Back Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,963 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $40,200

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $940
  • Maintenance Expense $3,216
  • Manager Expense $3,216
  • Operating Expense $12,750
  • Gross Income $39,396

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

6,098 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 1963
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Fenced

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6098.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6098.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 37.94
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 940
  • Expense Landscape: 1800
  • Expense Maintenance: 3216
  • Expense Management: 3216
  • Expenses Total: 12750
  • Income Annual Gross: 39396.00
  • Income Annual Rental: 40200
  • Income Gross Scheduled: 40200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: All Expenses
  • Vacancy Factor: 2

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
Sep 16, 2020
Sold by
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
$980,000
Interest Rate
0.024%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2020
Sold by
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
$1,372,000
Interest Rate
0.0462%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2017
Sold by
Bought by

Purchase Details

Listed on
Oct 30, 2015
Closed on
Jan 22, 2016
Sold by
Bought by
Seller's Agent
Wayne Miller
Homeland Properties
Buyer's Agent
Soli Saatchi
Compass
List Price
$1,525,000
Sold Price
$1,440,000
Premium/Discount to List
-$85,000
-5.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,000
Interest Rate
0.0397%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 19, 2002
Sold by
Bought by

Purchase Details

Closed on
Feb 11, 1997
Sold by
Bought by

Purchase Details

Closed on
Nov 19, 1996
Sold by
Bought by

Purchase Details

Closed on
May 11, 1995
Sold by
Bought by
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
$1,950,000 Chicago Title
$1,788,000 Chicago Title Company
-- None Available
$1,440,000 Fidelity National Title Co
-- None Available
-- None Available
-- --
-- --
-- --
-- --
-- --
-- --
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 $980,000
Previous Owner $1,372,000
Previous Owner $936,000
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
02/23/2016 02/23/16 Sold $1,440,000 -5.6% $734 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $1,525,000 -- $777 / 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
2025 $24,056 $2,110,740 $2,002,498 $108,242
2024 $24,056 $2,069,354 $1,963,234 $106,120
2023 $23,879 $2,028,780 $1,924,740 $104,040
2022 $23,627 $1,989,000 $1,887,000 $102,000
2021 $23,409 $1,950,000 $1,850,000 $100,000
2020 $18,778 $1,558,701 $1,082,432 $476,269
2019 $18,362 $1,528,139 $1,061,208 $466,931
2018 $17,938 $1,498,176 $1,040,400 $457,776
2017 $17,855 $1,468,800 $1,020,000 $448,800
2016 $3,680 $276,675 $82,994 $193,681
2015 $3,660 $272,520 $81,748 $190,772
2014 $3,578 $267,183 $80,147 $187,036
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81520913

MLSListings
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