NOT LISTED FOR SALE
9 Beds
6 Baths
4,483 Sq Ft
10,716 Sq Ft Lot

Last Sold August 13, 2021

Last sale price $1,950,000 $435 Per Sq Ft

20 Days on Market

Highlights

  • Balcony
  • Forced Air Heating System
  • Coin Laundry
  • Bagby Elementary School Rated A-
  • Ceiling Fan
  • Washer and Dryer

About This Home

As of August 2021

Unique mix of units make this 4-plex, situated on a court in the desirable Campbell area, a great find! Tenants love the benefits of being nestled close to Downtown Campbell, The Pruneyard, 17, Cambrian, and Willow Glen. Unit #1 is the largest unit with 1400 square feet, 3 beds, 2 baths, fireplace, private patio and could command top dollar after turnover. The townhome style of unit #2 makes it a tenant favorite and easily rents with it's private, fenced back yard area as well as front courtyard patio. Units #3 & #4 are spacious, coming in at just under 1000 square feet. #3 has recently installed luxury LVT flooring. Each unit has at least 1 covered carport parking space and access to the coin-operated washer & dryer in common laundry room for added convenience.

Last Agent to Sell the Property

Julie Ann Hedrick

Cal-western Realty License #01472439 Listed on: 06/18/2021

Last Buyer's Agent

Monica Yeung

Just Global Inc. License #01225247

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 10,716

Home Design

  • Quadruplex
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,483 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Electric Cooktop
  • Washer and Dryer

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Parking Spaces
  • 5 Carport Spaces
  • Assigned Parking

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Balcony
  • 10,716 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $105,612

Community Details

Overview

Amenities

  • Courtyard
  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,320
  • Insurance Expense $1,852
  • Maintenance Expense $5,281
  • Manager Expense $8,222
  • Other Expense $568
  • Utility Expense $5,500
  • Operating Expense $34,962
  • Gross Income $106,812

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4483
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Refrigerator, Varies By Unit
  • Living Sq Ft: 4483
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Balcony / Patio, Courtyard

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces, Carport, Covered Parking
  • Carport Min: 5

Utilities

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

Schools

  • High School: 237

Lot Info

  • Lot Acres: 0.2460
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10716.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10716.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.02
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 1852
  • Expense Landscape: 1320
  • Expense Maintenance: 5281
  • Expense Management: 8222
  • Expenses Other: 568
  • Expenses Total: 34962
  • Expenses Utility: 5500
  • Income Annual Gross: 106812.00
  • Income Annual Rental: 105612
  • Income Gross Scheduled: 106812
  • Income Includes: Laundry, Rents
  • Income Other: 1200
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water

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
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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
08/13/2021 08/13/21 Sold $1,950,000 +1.3% $435 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/08/2021 07/08/21 For Sale $1,925,000 0.0% $429 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $1,925,000 -- $429 / 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 $30,372 $2,069,355 $1,804,053 $265,302
2024 $30,372 $2,028,780 $1,768,680 $260,100
2023 $30,067 $1,989,000 $1,734,000 $255,000
2022 $29,476 $1,950,000 $1,700,000 $250,000
2021 $13,046 $628,622 $206,403 $422,219
2020 $12,220 $622,177 $204,287 $417,890
2019 $11,874 $609,979 $200,282 $409,697
2018 $11,509 $598,019 $196,355 $401,664
2017 $11,244 $586,294 $192,505 $393,789
2016 $10,734 $574,799 $188,731 $386,068
2015 $10,599 $566,166 $185,897 $380,269
2014 $7,980 $555,077 $182,256 $372,821
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81849808

MLSListings