NOT LISTED FOR SALE

Estimated Value: $5,562,393

-- Bed
5 Baths
6,020 Sq Ft
$924/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $1,450,000 $241 Per Sq Ft

Est. 284% increase in value since last sale

Current estimated payment $33,764/month

22 Days on Market

Highlights

  • Forced Air Heating System
  • Carpet
  • 2-minute walk to Roosevelt Park
  • Washer and Dryer

About This Home

As of August 2013

Walking distance to Santa Clara St. This property has 3 structures. The main house has 12 rooms with 5 full baths. The other 2 structures in the compound each has 2 bedrooms and 1 full bath. This lot can be used for high density housing; to verify with city of San Jose. Value is in the land and location. Excellent investment and/or development opportunity

Last Agent to Sell the Property

Lynne Tran

Intero Real Estate Services License #01293229 Listed on: 07/08/2013

Intero Real Estate Services

Last Buyer's Agent

Vivian Wang

Coldwell Banker Realty License #01181179

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $50,928

Year Built

  • 1910

Lot Details

  • 0.48

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 6,020 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Microwave
  • Washer and Dryer

Parking

  • Covered Parking
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $105,600
  • The owner pays for electric, garbage, gas

Community Details

Overview

  • 5 Units
  • 6,020 Sq Ft Building

Building Details

  • Manager Expense $27,038
  • Operating Expense $41,280
  • Gross Income $105,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$50,928

Year Built

1910

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Triplex
  • Age: 103
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 240.86
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 12
  • Min Numberof Unitsin Complex: 5
  • Structure Sq Ft: 6020
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Kitchen: Varies By Unit, Microwave, Refrigerator
  • Living Sq Ft: 6020
  • Stories: 2
  • Laundry: Washer/Dryer - Owned, Washer/Dryer - Some Units, Washer/Dryer - Leased Coin-Op, In Some Units
  • Flooring: Carpet

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Common Parking Area, Off-Street Parking

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 20909.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 20909.00
  • Lot Size Area Min Search: 20909.00
  • Maximum Lot Size: 20909.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 14.49

Multi Family

  • Expense Management: 27038
  • Expenses Total: 41280
  • Income Annual Gross: 105600.00
  • Income Annual Rental: 105600
  • Income Gross Scheduled: 105600
  • Maximum Building Height: 2
  • Meters: Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 3
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Gas, Miscellaneous/Other
  • Owner Pays: Electric, Garbage, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
21 N 21St Street Lp
Bought by
County Of Santa Clara
Total Days on Market
22
Current Estimated Value
$5,562,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,482,000
Outstanding Balance
$50,686,252
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
-$45,123,859

Purchase Details

Closed on
Aug 2, 2019
Sold by
Golden Date Financial Llc
Bought by
21 N 21St Street Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2017
Sold by
Agv Llc
Bought by
21 N 21St Street Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,425,000
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 16, 2015
Sold by
He Gongxin
Bought by
Agv Llc

Purchase Details

Listed on
Jul 8, 2013
Closed on
Sep 6, 2013
Sold by
Do Tron Dinh
Bought by
He Gongxin
Seller's Agent
Lynne Tran
Intero Real Estate Services
Buyer's Agent
Vivian Wang
Coldwell Banker Realty
List Price
$1,530,000
Sold Price
$1,450,000
Premium/Discount to List
-$80,000
-5.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.09%
Original Mortgage
$525,000
Interest Rate
4.46%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2002
Sold by
Nguyen Phuong Kim
Bought by
Do Tron Dinh

Purchase Details

Closed on
Jun 24, 2002
Sold by
Perez Ann
Bought by
Fagnani Michele Ann and Michele Ann Fagnani Revocable

Purchase Details

Closed on
Jun 20, 2002
Sold by
Fagnani Michele Ann and Michele Ann Fagnani Revocable
Bought by
Do Tron Dinh

Purchase Details

Closed on
Oct 5, 2000
Sold by
Fagnani Michele A
Bought by
Fagnani Michele Ann and Michele Ann Fagnani Revocable
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
County Of Santa Clara -- Old Republic Title
21 N 21St Street Lp -- Old Republic Title Company
21 N 21St Street Lp $4,000,000 Old Republic Title Company
Agv Llc -- Accommodation
He Gongxin $1,450,000 Orange Coast Title Company
Do Tron Dinh -- Financial Title Company
Fagnani Michele Ann -- Financial Title Company
Do Tron Dinh $675,000 Financial Title Company
Fagnani Michele Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 21 N 21St Street Lp $55,482,000
Closed 21 N 21St Street Lp $11,295,000
Closed 21 N 21S Street Lp $1,000,000
Closed 21 N 2151 Street Lp $10,400,000
Previous Owner 21 N 21St Street Lp $6,500,000
Previous Owner 21 N 21St Street Lp $6,000
Previous Owner 21 N 21St Street Lp $2,425,000
Previous Owner He Gongxin $525,000
Previous Owner Do Tron Dinh $730,000
Previous Owner Do Tron Dinh $400,000
Previous Owner Do Tron Dinh $300,000
Previous Owner Do Tron Dinh $661,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $1,450,000 -5.2% $241 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $1,530,000 -- $254 / 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
2024 $50,928 -- -- --
2023 $50,928 -- -- --
2022 $50,928 $4,288,808 $4,288,808 $0
2021 $50,204 $4,204,714 $4,204,714 $0
2020 $49,341 $4,161,600 $4,161,600 $0
2019 $48,445 $4,080,000 $4,080,000 $0
2018 $48,095 $4,000,000 $4,000,000 $0
2017 $18,868 $1,501,554 $1,501,554 $0
2016 $18,672 $1,472,112 $1,472,112 $0
2015 $19,265 $1,478,971 $815,984 $662,987
2014 $22,769 $1,450,000 $800,000 $650,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81324282

MLSListings

APN: 467-12-001