NOT LISTED FOR SALE
8 Beds
-- Baths
3,270 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: October 27, 2014

Last sale price $1,065,000 $326 Per Sq Ft

8 Days on Market

Highlights

  • Laundry Facilities
  • Buchser Middle School Rated A-
  • Wall to Wall Carpet

About This Home

As of October 2014

First time on the market. Rare Santa Clara 4-Plex - no rent control. All units are 2BR 1BA and rents are VERY LOW. This is a Trust Sale and Trustee prefers "AS-IS" transaction. Units have been professionally managed with little to no vacancy over the past several years. Comparable rents in the area for a 2BR 1 BA unit are $1,500 to $1,600+ per month. Please see photos of all 4 unit interiors.

Last Agent to Sell the Property

Pam Allison

Forbes Real Estate License #00350167 Listed on: 09/11/2014

Last Buyer's Agent

Pam Allison

Forbes Real Estate License #00350167 Listed on: 09/11/2014

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 5,663

Parking

  • Carport

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,270 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $45,240
  • The owner pays for garbage, services - gardener/landscaping, hot water, water

Community Details

Building Details

  • Gardener Expense $900
  • Insurance Expense $2,525
  • Maintenance Expense $915
  • Manager Expense $1,770
  • Other Expense $66
  • Utility Expense $989
  • Trash Expense $1,441
  • Operating Expense $12,966
  • Gross Income $45,606

Additional Features

  • 3,270 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Zoning: R325
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 325.69
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3270
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3270
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op, Community Facility
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5922.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5922.00
  • Lot Size Area Min Search: 5922.00
  • Maximum Lot Size: 5922.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.38

Multi Family

  • Expense Insurance: 2525
  • Expense Landscape: 900
  • Expense Maintenance: 915
  • Expense Management: 1770
  • Expenses Other: 66
  • Expenses Total: 12966
  • Expenses Utility: 989
  • Expense Trash: 1441
  • Expense Water Sewer: 2835
  • Income Annual Gross: 45606.00
  • Income Annual Rental: 45240
  • Income Gross Scheduled: 45606
  • Income Includes: Laundry, Lease
  • Income Laundry: 366
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Electric, Master Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Hot Water, Utilities - Water, Utilities - Gas, Insurance, Fee - License/Advertising, Maintenance - Repair, Services - On-Site Manager, Fee - Property Tax, Services - Sewer, Utilities - Electric
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, Utilities - Electric

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Downtown Santa Clara, CA

See All Agents

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
-- North American Title Co Inc
Rod Perry H -- North American Title Co Inc
2123 Monroe Street Trust -- None Available
2123 Monroe Street Trust -- None Available
Rod Perry $1,065,000 Chicago Title Company
Drake Janice D -- None Available
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 $1,275,000
Closed Rod Perry H $1,277,500
Closed Rod Perry H $815,000
Closed Rod Perry $699,500
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
10/27/2014 10/27/14 Sold $1,065,000 +9.2% $326 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
09/11/2014 09/11/14 For Sale $975,000 -- $298 / 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 $15,315 $1,305,558 $692,620 $612,938
2025 $14,749 $1,279,960 $679,040 $600,920
2024 $14,749 $1,254,864 $665,726 $589,138
2023 $14,601 $1,230,260 $652,673 $577,587
2022 $14,362 $1,206,138 $639,876 $566,262
2021 $14,308 $1,182,489 $627,330 $555,159
2020 $14,048 $1,170,365 $620,898 $549,467
2019 $14,031 $1,147,418 $608,724 $538,694
2018 $13,129 $1,124,921 $596,789 $528,132
2017 $13,066 $1,102,865 $585,088 $517,777
2016 $12,761 $1,081,241 $573,616 $507,625
2015 $12,713 $1,065,000 $565,000 $500,000
2014 -- $120,768 $25,986 $94,782
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81433150

MLSListings

APN: 224-30-052

Your Personal Tour Guide

Ask me questions while you tour the home.