NOT LISTED FOR SALE

2247 Pasetta Dr Santa Clara, CA 95050

8 Beds
-- Bath
3,117 Sq Ft
6,534 Sq Ft Lot

Last Sold September 04, 2012

Last sale price $710,000 $228 Per Sq Ft

67 Days on Market

Highlights

  • Balcony
  • Community Playground
  • Laundry Facilities
  • Bowers Elementary School Rated A-
  • Community Barbecue Grill
  • Wall to Wall Carpet

About This Home

As of September 2012

Great income-producing investment. Upside potential with current low rent. Long-term tenants. All bathrooms are 4 years new. One unit with new carpet, fridge, heater,range. Please drive by. Do not disturb tenants.

Last Agent to Sell the Property

Trisha Tuyen Ho

Santana Real Estate License #01191325 Listed on: 05/04/2012

Last Buyer's Agent

Matt Lee

Junction Realty Corporation License #01416867

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,534

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,117 Sq Ft Home
  • Wall to Wall Carpet
  • Oven or Range

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Total Actual Rent $52,800
  • The owner pays for electric, garbage, services - gardener/landscaping, gas, water

Community Details

Overview

  • 3,117 Sq Ft Building

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Playground

Building Details

  • Insurance Expense $1,675
  • Manager Expense $2,880
  • Utility Expense $3,600
  • Operating Expense $18,019
  • Gross Income $50,350

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R325
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 227.78
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3117
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 3117
  • Laundry: Washer/Dryer - Leased Coin-Op, Community Facility
  • Flooring: Carpet - Wall To Wall, Carpet

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Spaces Per Unit - 1

Utilities

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

Condo/Co-op/Association

  • HOA Amenities: Playground, Bbq Area

Lot Info

  • Lot Location: T Intersection
  • 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
  • Gross Rent Multiplier: 14.11

Multi Family

  • Expense Insurance: 1675
  • Expense Management: 2880
  • Expenses Total: 18019
  • Expenses Utility: 3600
  • Income Annual Gross: 50350.00
  • Income Annual Rental: 52800
  • Income Gross Scheduled: 53000
  • Income Includes: Laundry
  • Income Laundry: 200
  • Meters: Separate Gas, Master Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Services - Gardener, Utilities - Gas, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax
  • Owner Pays: Electric, Garbage, Services - Gardener/Landscaping, Gas, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric
  • Vacancy Amount: 2650
  • Vacancy Factor: 5
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2012 09/04/12 Sold $710,000 -5.1% $228 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
05/04/2012 05/04/12 For Sale $748,000 -- $240 / Sq Ft
Source: MLSListings

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 $10,131 $874,305 $492,568 $381,737
2024 $10,131 $857,162 $482,910 $374,252
2023 $10,029 $840,356 $473,442 $366,914
2022 $9,862 $823,879 $464,159 $359,720
2021 $9,823 $807,725 $455,058 $352,667
2020 $9,646 $799,443 $450,392 $349,051
2019 $9,633 $783,768 $441,561 $342,207
2018 $9,017 $768,401 $432,903 $335,498
2017 $8,973 $753,335 $424,415 $328,920
2016 $8,787 $738,565 $416,094 $322,471
2015 $8,754 $727,472 $409,844 $317,628
2014 $8,321 $713,223 $401,816 $311,407
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81216641

MLSListings

APN: 224-32-058