NOT LISTED FOR SALE
3 Beds
2 Baths
1,292 Sq Ft
7,501 Sq Ft Lot

Sale Details

Date Sold: June 25, 2021

Last sale price $855,000 $662 Per Sq Ft

5 Days on Market

Highlights

  • Guest Parking
  • Ceiling Fan
  • 1-Story Property
  • Independence High School Rated A-

About This Home

As of June 2021

Opportunity awaits with this San Jose duplex! Great rents in place with a perfect unit mix of 2/1 and 1/1. Both units include upgraded kitchens with granite counters and upgraded floors throughout. Plenty of parking and storage on this expansive 7,500 sq ft lot! Ample street parking as well as extra-long driveway parking for both units. Close proximity to major commute arteries including 680 and 101. Reach out today for more information.

Last Agent to Sell the Property

Andrew Meunier

Coldwell Banker Realty License #01933603 Listed on: 05/20/2021

Coldwell Banker Realty

Last Buyer's Agent

Joann Lin

Joann Lin, Broker License #01224939

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 7,501

Home Design

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

Interior Spaces

  • 1,292 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Parking

  • 4 Parking Spaces
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Additional Features

  • 7,501 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $52,224

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $800
  • Insurance Expense $1,600
  • Maintenance Expense $1,000
  • Utility Expense $940
  • Trash Expense $440
  • Operating Expense $9,180
  • Gross Income $50,657

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

7,501 Sq Ft Lot

Listing Details

  • Zoning: R1-8
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1292
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 1292
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Guest / Visitor Parking, Off-Street Parking, On Street, Uncovered Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Month To Month, Security Deposit
  • Gross Rent Multiplier: 15.30
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1600
  • Expense Landscape: 800
  • Expense Maintenance: 1000
  • Expenses Total: 9180
  • Expenses Utility: 940
  • Expense Trash: 440
  • Income Annual Gross: 50657.00
  • Income Annual Rental: 52224
  • Income Gross Scheduled: 52224
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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
May 20, 2021
Closed on
Jun 16, 2021
Sold by
Tien Alan and Tien Mae Lin
Bought by
Seller's Agent
Andrew Meunier
Coldwell Banker Realty
Buyer's Agent
Joann Lin
Joann Lin, Broker
List Price
$799,000
Sold Price
$855,000
Premium/Discount to List
$56,000
7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$641,250
Outstanding Balance
$569,067
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2007
Sold by
Tien Alan and Tien Mae Ling
Bought by
Tien Alan and Tien Mae Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2005
Sold by
Tien Alan and Tien Mae Ling
Bought by
Tien Alan and Tien Mae Ling

Purchase Details

Closed on
Jul 20, 2004
Sold by
Tien Mae Ling and Wong Mae Ling
Bought by
Tien Alan and Tien Mae Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1994
Sold by
Wong Allen and Wong Lillian
Bought by
Wong Mae Ling

Purchase Details

Closed on
Feb 2, 1994
Sold by
Transamerica Financial Services
Bought by
Wong Allen

Purchase Details

Closed on
Jan 19, 1994
Sold by
A I C Trust Deed Services Inc
Bought by
Transamerica Financial Services
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
$855,000 Cornerstone Title Company
Tien Alan -- Ticor Title Company Of Ca
Tien Alan -- Accommodation
Tien Alan -- --
Tien Alan -- Old Republic Title Company
Wong Mae Ling $120,000 Stewart Title
Wong Allen $120,000 Stewart Title
Transamerica Financial Services -- 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 $641,250
Previous Owner Tien Alan $329,725
Previous Owner Tien Alan $383,000
Previous Owner Tien Alan $286,000
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
06/25/2021 06/25/21 Sold $855,000 +7.0% $662 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $799,000 -- $618 / 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 $17,181 $1,306,987 $800,457 $506,530
2025 $15,015 $1,130,678 $784,762 $345,916
2024 $15,015 $966,832 $769,375 $197,457
2023 $13,955 $889,542 $754,290 $135,252
2022 $13,680 $872,100 $739,500 $132,600
2021 $4,679 $188,398 $125,604 $62,794
2020 $4,482 $186,468 $124,317 $62,151
2019 $4,320 $182,813 $121,880 $60,933
2018 $4,230 $179,230 $119,491 $59,739
2017 $4,200 $175,717 $117,149 $58,568
2016 $3,981 $172,272 $114,852 $57,420
2015 $3,953 $169,685 $113,127 $56,558
2014 $3,038 $166,362 $110,911 $55,451
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81844941

MLSListings

APN: 481-25-054

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