NOT LISTED FOR SALE

Estimated Value: $1,260,000 - $1,613,000

2 Beds
1 Bath
1,448 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold October 06, 2014

Last sale price $710,000 $490 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $8,708/month

25 Days on Market

Highlights

  • Wood Flooring
  • Neighborhood Views
  • Level Lot
  • Westwood Elementary School Rated A
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of October 2014

A Must See. Duplex close to Santa Clara Univ. Shopping, Restaurants & Freeways, 1/1 each side. Well Maintained. Ceiling Fans. Copper Pipes. One Unit has Fireplace in Living Rm. Vacant side has Breakfast Rm, Living Rm. Family Rm. Laundry Area in One unit.BBQ Area. Deck. Partial Basement. Sump Pump. Detached Garage Duplex has Tile Roof

Last Agent to Sell the Property

Al Moridi

Intero Real Estate Services License #00994609 Listed on: 06/20/2014

Intero Real Estate Services

Last Buyer's Agent

Mitch Crane

Crane Brokerage License #01816086

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,859

Year Built

  • 1930

Lot Details

  • Level Lot

Parking

  • Covered Parking

Home Design

  • Duplex
  • Tile Roof

Interior Spaces

  • 1,448 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Floor Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $12,900
  • The owner pays for electric, garbage, gas, heating, hot water, water

Community Details

Overview

  • 1,448 Sq Ft Building

Building Details

  • Gardener Expense $1
  • Insurance Expense $929
  • Maintenance Expense $1,800
  • Manager Expense $1
  • Other Expense $1
  • Utility Expense $1,704
  • Trash Expense $1
  • Operating Expense $10,401
  • Gross Income $12,773

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,859

Year Built

1930

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 84
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 490.33
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1448
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Kitchen: Garbage Disposal, Refrigerator
  • Living Sq Ft: 1448
  • Stories: 1
  • Laundry: In Some Units
  • Flooring: Tile, Hardwood, Vinyl / Linoleum

Exterior Features

  • Roof: Tile
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Common Parking Area, Spaces Per Unit - 1

Utilities

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

Schools

  • School District: Santa Clara Unified
  • Elementary School: Westwood Elementary
  • Middle School: Buchser Middle
  • High School: Santa Clara High
  • High School: 408
  • Elementary School: 404
  • Middle School: 406

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5376.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5376.00
  • Lot Size Area Min Search: 5376.00
  • Maximum Lot Size: 5376.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 58.13

Multi Family

  • Expense Insurance: 929
  • Expense Landscape: 1
  • Expense Maintenance: 1800
  • Expense Management: 1
  • Expenses Other: 1
  • Expenses Total: 10401
  • Expenses Utility: 1704
  • Expense Trash: 1
  • Expense Water Sewer: 1320
  • Income Annual Gross: 12773.00
  • Income Annual Rental: 12900
  • Income Gross Scheduled: 12902
  • Income Includes: Lease
  • Income Laundry: 1
  • Income Other: 1
  • Maximum Building Height: 1
  • Meters: Master Electric, Master Gas, Master Water
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Gas, Utilities - Heat, Utilities - Hot Water, Utilities - Water, Maintenance - Exterminator, Insurance, Fee - Property Tax, Services - Sewer
  • Owner Pays: Electric, Garbage, Gas, Heating, Hot Water, Water
  • Vacancy Amount: 129
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2014
Closed on
Sep 18, 2014
Sold by
Nunes Ronald Edwin and Nunes Mary Eileen
Bought by
Kao Arthur and Sussman Rachel
Seller's Agent
Al Moridi
Intero Real Estate Services
Buyer's Agent
Mitch Crane
Crane Brokerage
List Price
$749,950
Sold Price
$710,000
Premium/Discount to List
-$39,950
-5.33%
Total Days on Market
25
Current Estimated Value
$1,458,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$748,579
Avg. Annual Appreciation
6.80%
Original Mortgage
$546,500
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 19, 2002
Sold by
Nunes Ronald Edwin
Bought by
Nunes Ronald Edwin and Nunes Mary Eileen

Purchase Details

Closed on
Apr 23, 1997
Sold by
Anthony Margaret A
Bought by
Nunes Ronald Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
7.96%
Source: Public Records

Range of Values:

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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
Kao Arthur $710,000 Chicago Title Company
Nunes Ronald Edwin -- --
Nunes Ronald Edwin $219,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kao Arthur $660,000
Closed Kao Arthur $546,500
Previous Owner Nunes Ronald Edwin $277,000
Previous Owner Nunes Ronald Edwin $270,000
Previous Owner Nunes Ronald Edwin $88,383
Previous Owner Nunes Ronald Edwin $175,200
Closed Nunes Ronald Edwin $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2014 10/06/14 Sold $710,000 -5.3% $490 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $749,950 -- $518 / 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
2025 $9,859 $853,304 $554,650 $298,654
2024 $9,859 $836,574 $543,775 $292,799
2023 $9,760 $820,171 $533,113 $287,058
2022 $9,606 $804,090 $522,660 $281,430
2021 $9,568 $788,324 $512,412 $275,912
2020 $9,393 $780,241 $507,158 $273,083
2019 $9,383 $764,943 $497,214 $267,729
2018 $8,781 $749,945 $487,465 $262,480
2017 $8,738 $735,241 $477,907 $257,334
2016 $8,478 $720,826 $468,537 $252,289
2015 $8,444 $710,000 $461,500 $248,500
2014 $4,631 $390,601 $166,072 $224,529
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81422160

MLSListings

APN: 269-52-075