NOT LISTED FOR SALE
9 Beds
-- Bath
3,934 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: August 10, 2012

Last sale price $715,000 $182 Per Sq Ft

146 Days on Market

About This Home

As of August 2012

POSITIVE CASH FLOW WITH 25% DOWN PAYMENT! New hot water heater and copper plumbing. Several units with new tile floors. Spacious apartments. Strong in place rents with good upside potential. Market GRM: 10.76 and Market Cap Rate: 6.14%. Only $190 per square foot. Termite report and all due diligence materials available.

Last Agent to Sell the Property

Justin Bautista

Cassidy Turley Northern California, Inc. License #01268331 Listed on: 01/18/2012

Last Buyer's Agent

Moise Nahouraii

Referral Realty Enterprises License #00713973

Referral Realty Enterprises
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

  • 1963

Lot Details

  • 6,534

Parking

  • Carport

Home Design

  • 3,934 Sq Ft Home
  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Kitchen

  • Oven or Range
  • Disposal

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $62,400
  • The owner pays for garbage, hot water, water

Community Details

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $975
  • Maintenance Expense $2,400
  • Other Expense $2,496
  • Utility Expense $1,572
  • Operating Expense $23,433
  • Gross Income $64,800

Additional Features

  • 3,934 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Zoning: R325
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 181.75
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3934
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3934
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned Coin-Op, Community Facility

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6600.00
  • Lot Size Area Min Search: 6600.00
  • Maximum Lot Size: 6600.00

Rental Info

  • Existing Lease Term(s): Month To Month, Less Than 1 Yr
  • Gross Rent Multiplier: 11.56

Multi Family

  • Expense Insurance: 975
  • Expense Landscape: 1200
  • Expense Maintenance: 2400
  • Expenses Other: 2496
  • Expenses Total: 23433
  • Expenses Utility: 1572
  • Expense Water Sewer: 5568
  • Income Annual Gross: 64800.00
  • Income Annual Rental: 62400
  • Income Gross Scheduled: 64800
  • Income Includes: Laundry, Lease
  • Income Laundry: 2400
  • Meters: Separate Electric, Separate Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Hot Water, Utilities - Water, Services - Gardener, Utilities - Gas, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor, Utilities - Electric
  • Owner Pays: Garbage, Hot Water, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv, 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
Jan 18, 2012
Closed on
Aug 2, 2012
Sold by
Bought by
Seller's Agent
Justin Bautista
Cassidy Turley Northern California, Inc.
Buyer's Agent
Moise Nahouraii
Referral Realty Enterprises
List Price
$749,000
Sold Price
$715,000
Premium/Discount to List
-$34,000
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Outstanding Balance
$341,144
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 28, 2004
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
$623,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 27, 2004
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
$623,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 24, 2003
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
$485,000
Interest Rate
5.97%

Purchase Details

Closed on
Apr 17, 2001
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
$510,000
Interest Rate
6.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 7, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 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
$500,000
Interest Rate
4.35%

Purchase Details

Closed on
Aug 12, 1997
Sold by
Bought by

Purchase Details

Closed on
Mar 1, 1996
Sold by
Bought by
Source: Public Records

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
$714,750 First American Title Ins Co
$850,000 Old Republic Title Company
-- Old Republic Title Company
-- Old Republic Title Company
-- Old Republic Title Company
-- --
$37,500 Old Republic Title Company
$675,000 Chicago Title Co
$368,000 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 $536,250
Previous Owner $623,000
Previous Owner $485,000
Previous Owner $510,000
Previous Owner $500,000
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
08/10/2012 08/10/12 Sold $715,000 -4.5% $182 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
01/18/2012 01/18/12 For Sale $749,000 -- $190 / 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 $10,591 $898,070 $502,419 $395,651
2025 $10,201 $880,462 $492,568 $387,894
2024 $10,201 $863,199 $482,910 $380,289
2023 $10,098 $846,275 $473,442 $372,833
2022 $9,938 $829,682 $464,159 $365,523
2021 $9,899 $813,414 $455,058 $358,356
2020 $9,719 $805,074 $450,392 $354,682
2019 $9,708 $789,289 $441,561 $347,728
2018 $9,087 $773,813 $432,903 $340,910
2017 $9,043 $758,641 $424,415 $334,226
2016 $8,855 $743,767 $416,094 $327,673
2015 $8,821 $732,596 $409,844 $322,752
2014 $8,387 $718,246 $401,816 $316,430
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81201987

MLSListings

APN: 224-30-100

Your Personal Tour Guide

Ask me questions while you tour the home.