NOT LISTED FOR SALE

1761 E William St San Jose, CA 95116

Mayfair Neighborhood
4 Beds
2 Baths
1,604 Sq Ft
5,576 Sq Ft Lot

Last Sold September 22, 2015

Last sale price $507,000 $316 Per Sq Ft

20 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Level Lot
  • Independence High School Rated A-
  • Ceramic Countertops
  • 1-Story Property

About This Home

As of September 2015

Major upside with rents well below market. Market rate would be up to 2K+ Per Unit. Download disclosures, reports and estimates and see what it takes to make this place like new. Buyer to cooperate in 1031 exchange at no cost to buyer.

Last Agent to Sell the Property

Brett Jennings

KW Bay Area Estates License #70010020 Listed on: 08/14/2015

KW Bay Area Estates

Last Buyer's Agent

Ashley Le

Century 21 Real Estate Alliance Inc License #01269464

Century 21 Real Estate Alliance Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 5,576 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,604 Sq Ft Home
  • 1-Story Property

Kitchen

  • Gas Oven
  • Ceramic Countertops

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Parking

  • 2 Car Detached Garage
  • 2 Carport Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $27,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $2,801
  • Maintenance Expense $1,169
  • Manager Expense $2,760
  • Trash Expense $1,656
  • Operating Expense $9,958
  • Gross Income $26,772

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

0

Listing Details

  • Zoning: R2H
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1604
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Countertop - Ceramic, Hookups - Gas, Oven - Gas, Refrigerator
  • Living Sq Ft: 1604
  • Stories: 1
  • Flooring: Hardwood, Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Covered Parking, Detached Garage, Off-Street Parking, On Street
  • Carport Min: 2

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 246

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1280
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5577.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5577.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2801
  • Expense Maintenance: 1169
  • Expense Management: 2760
  • Expenses Total: 9958
  • Expense Trash: 1656
  • Income Annual Gross: 26772.00
  • Income Annual Rental: 27600
  • Income Gross Scheduled: 27600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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
Not Available
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
09/22/2015 09/22/15 Sold $507,000 +12.9% $316 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $449,000 -- $280 / 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
2025 $10,147 $600,175 $384,729 $215,446
2024 $10,147 $588,408 $377,186 $211,222
2023 $9,921 $576,872 $369,791 $207,081
2022 $9,724 $565,562 $362,541 $203,021
2021 $9,358 $554,474 $355,433 $199,041
2020 $9,111 $548,790 $351,789 $197,001
2019 $8,835 $538,031 $344,892 $193,139
2018 $8,705 $527,482 $338,130 $189,352
2017 $8,718 $517,140 $331,500 $185,640
2016 $8,236 $507,000 $325,000 $182,000
2015 $2,466 $54,931 $19,775 $35,156
2014 $1,576 $53,856 $19,388 $34,468
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Brett Jennings

    KW Bay Area Estates

    Section Image

  • A

    Buyer's Agent in 2015

    Ashley Le

    Century 21 Real Estate Alliance Inc

    Section Image

  • B

    Buyer's Agent in 2015

    Bob Schaefer

See All Agents

Map

Source: MLSListings

MLS Number: ML81500120

MLSListings

APN: 481-26-040

California Santa Clara County San Jose 95116 Mayfair

1761 E William St, San Jose, CA

Not Listed for Sale

MultiFamily

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