NOT LISTED FOR SALE
8 Beds
-- Bath
3,802 Sq Ft
5,885 Sq Ft Lot

Sale Details

Date Sold: March 6, 2019

Last sale price $1,650,000 $434 Per Sq Ft

140 Days on Market

Highlights

  • Forced Air Heating System
  • Branham High School Rated A
  • Level Lot

About This Home

As of March 2019

Great investment opportunity in a great location. Become an investor in the Bay Area without a lot of head ache. The complex has four units and is currently fully occupied and generating income in a great neighborhood. Close to all amenities including downtown Campbell, Pruneyard, Santana Row, and all major freeways.

Last Agent to Sell the Property

Jeff Zahraie

Affinity Enterprises, Inc License #01073169 Listed on: 09/13/2018

Last Buyer's Agent

Elyse Barca

Compass License #01006027

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 5,885 Sq Ft Lot
  • Level Lot

Parking

  • 4 Carport Spaces

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,802 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $94,380
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $900
  • Insurance Expense $1,020
  • Maintenance Expense $3,000
  • Utility Expense $1,164
  • Operating Expense $19,500
  • Gross Income $95,580

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

5,885 Sq Ft Lot

Listing Details

  • Zoning: C1
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3802
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3802
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

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

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1351
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5885.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5885.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 17.26
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1020
  • Expense Landscape: 900
  • Expense Maintenance: 3000
  • Expenses Total: 19500
  • Expenses Utility: 1164
  • Income Annual Gross: 95580.00
  • Income Annual Rental: 94380
  • Income Gross Scheduled: 95580
  • Income Includes: Laundry, Rents
  • Income Other: 1200
  • Meters: Master Electric, Master Gas, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Fee - Rent/Lease, Insurance, Maintenance - Repair, Utilities - Electric
  • Tenant Expenses: Utilities - Electric

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
Sep 13, 2018
Closed on
Mar 1, 2019
Sold by
Bought by
Seller's Agent
Jeff Zahraie
Affinity Enterprises, Inc
Buyer's Agent
Elyse Barca
Compass
List Price
$1,790,000
Sold Price
$1,650,000
Premium/Discount to List
-$140,000
-7.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,444
Interest Rate
0.0475%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 22, 2016
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
$880,000
Interest Rate
0.0371%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2012
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
$744,015
Interest Rate
0.0384%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 12, 2012
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
$744,015
Interest Rate
0.0384%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 14, 2009
Sold by
Bought by

Purchase Details

Closed on
Oct 8, 2008
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
$560,000
Interest Rate
0.0631%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2000
Sold by
Bought by

Purchase Details

Closed on
Aug 26, 1998
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,650,000 Fidelity National Title Co
-- Fidelity National Title Co
-- First Title & Escrow Llc
-- Stewart Title Of California
$771,000 Stewart Title Of California
-- Old Republic Title Company
$800,000 Old Republic Title Company
$317,000 --
-- --
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 $700,000
Closed $594,444
Previous Owner $880,000
Previous Owner $740,750
Previous Owner $744,015
Previous Owner $560,000
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
03/06/2019 03/06/19 Sold $1,650,000 0.0% $434 / Sq Ft
02/01/2019 02/01/19 Pending -- -- --
10/23/2018 10/23/18 Price Changed $1,650,000 -5.7% $434 / Sq Ft
10/04/2018 10/04/18 Price Changed $1,749,000 -2.3% $460 / Sq Ft
09/13/2018 09/13/18 For Sale $1,790,000 -- $471 / 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
2025 $26,415 $1,840,601 $1,355,353 $485,248
2024 $26,415 $1,804,512 $1,328,778 $475,734
2023 $26,161 $1,769,130 $1,302,724 $466,406
2022 $25,667 $1,734,442 $1,277,181 $457,261
2021 $25,078 $1,700,435 $1,252,139 $448,296
2020 $23,835 $1,683,000 $1,239,300 $443,700
2019 $15,604 $868,128 $440,257 $427,871
2018 $13,695 $851,107 $431,625 $419,482
2017 $13,425 $834,419 $423,162 $411,257
2016 $12,800 $818,059 $414,865 $403,194
2015 $16,373 $805,772 $408,634 $397,138
2014 $10,733 $789,989 $400,630 $389,359
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81723288

MLSListings

APN: 414-11-012

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