NOT LISTED FOR SALE

2013 Town And Country Ln Santa Clara, CA 95050

Pruneridge Neighborhood
8 Beds
5 Baths
3,717 Sq Ft
7,967 Sq Ft Lot

Last Sold May 31, 2018

Last sale price $2,160,000 $581 Per Sq Ft

47 Days on Market

About This Home

As of May 2018

2013 Town & Country Lane apartment building to the Bay Area investment community. This complex is a four unit community located in highly desirable and rapidly growing Santa Clara, California. The subject property was built in 1963 and consists of 3,717 square feet (per county assessor) of living space on a 7,475 square foot lot (per county assessor). The asset accommodates an attractive unit mix of one three-bedroom/two-bath, two two-bedroom/one-bath, and one one bedroom/one-bath units. In addition, there are a total of five assigned tuck-under parking stalls. 2013 Town and Country Lane has schools located in the highly respected Santa Clara Unified School District. The property feeds into Westwood Elementary School (750 API), Bucsher Middle School (804 API), and Santa Clara High School (782 API).

Last Agent to Sell the Property

Mitchell Zurich

Marcus & Millichap License #01870648 Listed on: 03/14/2018

Last Buyer's Agent

Mitchell Zurich

Marcus & Millichap License #01870648 Listed on: 03/14/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,967 Sq Ft Lot

Parking

  • 5 Carport Spaces

Home Design

  • Quadruplex
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,717 Sq Ft Home
  • 2-Story Property

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $101,400

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,020
  • Insurance Expense $1,273
  • Maintenance Expense $2,000
  • Other Expense $169
  • Utility Expense $5,193
  • Operating Expense $35,810
  • Gross Income $99,522

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 55
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3717
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 3717
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Wood Shakes / Shingles

Garage/Parking

  • Garage Parking Features: Covered Parking
  • Carport Min: 5

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.1829
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7967.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7967.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.93
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1273
  • Expense Landscape: 1020
  • Expense Maintenance: 2000
  • Expenses Other: 169
  • Expenses Total: 35810
  • Expenses Utility: 5193
  • Income Annual Gross: 99522.00
  • Income Annual Rental: 101400
  • Income Gross Scheduled: 102600
  • Income Includes: Laundry, Rents
  • Income Other: 1200
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Tax, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Range of Values:

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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 Change Sq Ft Price
05/31/2018 05/31/18 Sold $2,160,000 -4.0% $581 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $2,250,000 -- $605 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Mitchell Zurich

    Seller's Agent in 2018

    Mitchell Zurich

    Marcus & Millichap

    (650) 391-1824

    84 Total Sales

    Mitchell Zurich
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Map

Source: MLSListings

MLS Number: ML81696257

MLSListings

APN: 303-08-053

California Santa Clara County Santa Clara 95050 Pruneridge

2013 Town And Country Ln, Santa Clara, CA

This home is located at 2013 Town And Country Ln, Santa Clara, CA 95050 since 14 March 2018. This property was built in 1963. 2013 Town And Country Ln is a home located in Santa Clara County with nearby schools including Westwood Elementary School, Buchser Middle School, and Santa Clara High School.

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