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

Sale Details

Date 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

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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

10,716 Sq Ft Lot

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

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 18, 2021
Closed on
Aug 10, 2021
Sold by
Bought by
Seller's Agent
Julie Ann Hedrick
Cal-western Realty
Buyer's Agent
Monica Yeung
Just Global Inc.
List Price
$1,925,000
Sold Price
$1,950,000
Premium/Discount to List
$25,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,382,500
Outstanding Balance
$1,232,436
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2003
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
8.16%

Purchase Details

Closed on
Mar 19, 1999
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 1999
Sold by
Bought by
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
$1,950,000 Old Republic Title Company
-- Fidelity National Title Co
-- First American Title Co
-- --
-- Fidelity National Title Co
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 $1,382,500
Previous Owner $482,000
Previous Owner $480,000
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
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

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 $30,942 $2,110,742 $1,840,134 $270,608
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

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Map

Source: MLSListings

MLS Number: ML81849808

MLSListings
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