NOT LISTED FOR SALE
4 Beds
4 Baths
2,324 Sq Ft
8,446 Sq Ft Lot

Sale Details

Date Sold: July 26, 2023

Last sale price $1,395,000 $600 Per Sq Ft

28 Days on Market

Highlights

  • Washer and Dryer
  • Carpet
  • 1-Story Property

About This Home

As of July 2023

Welcome! Centrally located income property in the heart of San Jose. Rose garden area with all the amenities of Downtown but off the beaten path in this highly desired neighborhood. Close to many great restaurants and cafes with plenty of options for shopping. Three well maintained units with easy access to The Alameda, Hwy 880, and an easy commute North and South, East and West. Want to take the train, bus, light rail? Walking distance to the Diridon Station transportation hub. Large lot with plenty of parking, serious growth potential if you want to add more units. Income property with the feel of home, front yard lawn, BBQ space and more. Seperate laundry room access to both front units with individual washer/dryer for each unit; back unit has their own laundry. Great income stream for a smart investor.

Last Agent to Sell the Property

Gregory Stephens

AARE License #01441238 Listed on: 06/08/2023

AARE

Last Buyer's Agent

Gregory Stephens

AARE License #01441238 Listed on: 06/08/2023

AARE
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1924

Lot Details

  • 8,446

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,324 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Flooring

  • Carpet
  • Laminate
  • Vinyl

Additional Features

  • Barbecue Area
  • 8,446 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $71,400

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gross Income $69,258

Property Details

Home Type

Multi-Family

Year Built

1924

Lot Details

8,446 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2324
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

  • Living Sq Ft: 2324
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • Yard/Grounds: Bbq Area

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Parking Area

Utilities

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

Lot Info

  • Lot Acres: 0.1939
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8448.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8448.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.84
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 69258.00
  • Income Annual Rental: 71400
  • Income Gross Scheduled: 71400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • 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

Listed on
Jun 8, 2023
Closed on
Jul 14, 2023
Sold by
Fox John L
Bought by
Seller's Agent
Gregory Stephens
AARE
Buyer's Agent
Gregory Stephens
AARE
List Price
$1,488,000
Sold Price
$1,395,000
Premium/Discount to List
-$93,000
-6.25%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$434,896
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 12, 2023
Sold by
Parsotam Sima
Bought by
Parsotam Vimal
Seller's Agent
Gregory Stephens
AARE
Buyer's Agent
Gregory Stephens
AARE
List Price
$1,488,000
Sold Price
$1,395,000
Premium/Discount to List
-$93,000
-6.25%
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$434,896
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2016
Sold by
Johannes Isabella
Bought by
Fox John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,300
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2010
Sold by
Miller William C
Bought by
Fox John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
5.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2002
Sold by
Miller William C
Bought by
Moesle Ronald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
6.85%

Purchase Details

Closed on
Jan 22, 2002
Sold by
Moesle Ronald C
Bought by
Miller William C and The Ronald C Moesle Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
6.85%

Purchase Details

Closed on
Mar 30, 1999
Sold by
Herdicine Sweet
Bought by
Moesle Ronald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.91%
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
$1,395,000 Old Republic Title
Parsotam Vimal -- Old Republic Title
Fox John L -- North American Title Co Inc
Fox John L $425,000 Chicago Title Company
Moesle Ronald C -- North American Title Co
Miller William C -- North American Title Co
Miller William C -- --
Moesle Ronald C $320,000 First American Title Guarant
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 $450,000
Previous Owner Fox John L $645,300
Previous Owner Fox John L $318,750
Previous Owner Moesle Ronald C $293,000
Previous Owner Moesle Ronald C $256,000
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
07/26/2023 07/26/23 Sold $1,395,000 -6.3% $600 / Sq Ft
07/07/2023 07/07/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $1,488,000 -- $640 / 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 $20,771 $1,451,358 $1,040,400 $410,958
2025 $19,593 $1,422,900 $1,020,000 $402,900
2024 $19,593 $1,395,000 $1,000,000 $395,000
2023 $9,491 $527,282 $248,132 $279,150
2022 $9,378 $516,944 $243,267 $273,677
2021 $9,061 $506,809 $238,498 $268,311
2020 $8,713 $501,613 $236,053 $265,560
2019 $8,452 $491,778 $231,425 $260,353
2018 $8,317 $482,137 $226,888 $255,249
2017 $8,217 $472,685 $222,440 $250,245
2016 $7,999 $463,418 $218,079 $245,339
2015 $7,925 $456,458 $214,804 $241,654
2014 $6,599 $447,518 $210,597 $236,921
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81931218

MLSListings

APN: 274-05-005

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