Seller's Agent in 2024
Amit Urban
Magnify Real Estate
(650) 282-0477
2 in this area
21 Total Sales
217 E Saint James St San Jose, CA 95112
Northside Neighborhood
3
Beds
3
Baths
2,088
Sq Ft
1,978
Sq Ft Lot
About This Home
As of January 2024***$50k+ PRICE IMPROVEMENT*** Magnify Real Estate is pleased to exclusively present the opportunity to acquire 217 E Saint James St, a three (3) unit value-add investment property located in the highly desirable city of San Jose. Constructed in 1904, the property consists of (3) one-bedroom/one-bath units amounting to a building square feet of 2,088. The 2nd floor provides access to the patio and the backyard. One of the units will be delivered vacant, presenting a versatile option for an owner-occupant seeking a delightful home or for a new owner to lease it at a competitive market rate. The property is located a couple of blocks from SoFA district and is a short distance to San Jose State University, San Pedro Square, and the proposed Google Campus. It also provides easy access to Highways 87 and 280. Finally, the property is within close proximity to renowned tech companies including Zoom, Adobe HQ, eBay, and more.
Last Agent to Sell the Property
Magnify Real Estate License #01998926 Listed on: 01/22/2024
Last Buyer's Agent
RECIP
Out of Area Office License #00000000
Property Details
Home Type
- Multi-Family
Year Built
- 1904
Lot Details
- 1,978 Sq Ft Lot
Parking
- On-Street Parking
Home Design
- Triplex
- Wood Frame Construction
- Composition Roof
Interior Spaces
- 2,088 Sq Ft Home
- 2-Story Property
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $80,784
Community Details
Overview
Building Details
- 2 Leased Units
- Gardener Expense $1,000
- Insurance Expense $3,000
- Maintenance Expense $1,000
- Utility Expense $1,080
- Operating Expense $23,359
- Gross Income $78,360
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/22/2024 01/22/24 | Sold | $1,030,000 | -- | $493 / Sq Ft |
| 01/22/2024 01/22/24 | Pending | -- | -- | -- |
Source: MLSListings
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $8,995 | $1,050,600 | $714,000 | $336,600 |
| 2024 | $8,995 | $470,337 | $283,977 | $186,360 |
| 2023 | $8,739 | $461,115 | $278,409 | $182,706 |
| 2022 | $8,633 | $452,074 | $272,950 | $179,124 |
| 2021 | $8,328 | $443,211 | $267,599 | $175,612 |
| 2020 | $7,992 | $438,668 | $264,856 | $173,812 |
| 2019 | $7,745 | $430,067 | $259,663 | $170,404 |
| 2018 | $7,616 | $421,635 | $254,572 | $167,063 |
| 2017 | $7,520 | $413,369 | $249,581 | $163,788 |
| 2016 | $7,306 | $405,265 | $244,688 | $160,577 |
| 2015 | $7,236 | $399,178 | $241,013 | $158,165 |
| 2014 | $5,913 | $391,359 | $236,292 | $155,067 |
Source: Public Records
Agents Affiliated with this Home
-
Amit Urban
-
R
Buyer's Agent in 2024
RECIP
Out of Area Office
Map
Source: MLSListings
MLS Number: ML81952157
APN: 467-02-017
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