NOT LISTED FOR SALE
8 Beds
5 Baths
3,486 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date Sold: February 10, 2016

Last sale price $1,495,000 $429 Per Sq Ft

36 Days on Market

About This Home

As of February 2016

Strong Cash Flow and Upside in the existing rents on this well maintained 4-plex in Campbell! 3 2bd/1ba's & 1 2bd/2ba Unit, 100% Occupied! 4 Covered Parking Spaces. Property Tour is Scheduled on 1/19 from 10-11:30am.

Last Agent to Sell the Property

Steve Peterson

INFINITY INVESTMENTS License #01746140 Listed on: 12/19/2015

Last Buyer's Agent

Steve Peterson

INFINITY INVESTMENTS License #01746140 Listed on: 12/19/2015

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,841 Sq Ft Lot

Parking

  • 4 Car Attached Garage
  • 3 Carport Spaces
  • Assigned Parking

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,486 Sq Ft Home
  • 2-Story Property
  • Security Lights

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $90,900

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1,221
  • Maintenance Expense $1,975
  • Other Expense $601
  • Utility Expense $2,188
  • Trash Expense $1,580
  • Operating Expense $22,545
  • Gross Income $90,382

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

7,841 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3486
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3486
  • Stories: 2
  • Security: Security Lights

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Attached Garage
  • Carport Min: 3

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1800
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7840.80
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7840.80

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.13
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1221
  • Expense Maintenance: 1975
  • Expenses Other: 601
  • Expenses Total: 22545
  • Expenses Utility: 2188
  • Expense Trash: 1580
  • Income Annual Gross: 90382.00
  • Income Annual Rental: 90900
  • Income Gross Scheduled: 92227
  • Income Includes: Coin Operated Equip, Laundry
  • Income Other: 1327
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

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
Dec 19, 2015
Closed on
Feb 9, 2016
Sold by
Bonior Steven J and Venezia Donna M
Bought by
Seller's Agent
Steve Peterson
INFINITY INVESTMENTS
Buyer's Agent
Steve Peterson
INFINITY INVESTMENTS
List Price
$1,395,000
Sold Price
$1,495,000
Premium/Discount to List
$100,000
7.17%

Purchase Details

Listed on
Dec 19, 2015
Closed on
Feb 8, 2016
Sold by
Robinos Roy
Bought by
Robinos Gina
Seller's Agent
Steve Peterson
INFINITY INVESTMENTS
Buyer's Agent
Steve Peterson
INFINITY INVESTMENTS
List Price
$1,395,000
Sold Price
$1,495,000
Premium/Discount to List
$100,000
7.17%

Purchase Details

Listed on
Dec 19, 2015
Closed on
Feb 5, 2016
Sold by
Wiita Connie H
Bought by
Wiita Connie H and Wiita Leo
Seller's Agent
Steve Peterson
INFINITY INVESTMENTS
Buyer's Agent
Steve Peterson
INFINITY INVESTMENTS
List Price
$1,395,000
Sold Price
$1,495,000
Premium/Discount to List
$100,000
7.17%

Purchase Details

Closed on
Mar 16, 2012
Sold by
Rana Niraj
Bought by
Bonior Steven J and Venezia Donna M

Purchase Details

Closed on
Nov 19, 2010
Sold by
Pinnacle One Llc
Bought by
Rana Niraj

Purchase Details

Closed on
Nov 16, 2010
Sold by
Rana Niraj
Bought by
Wiita Connie H and Rana Niraj

Purchase Details

Closed on
Jul 1, 2009
Sold by
Rana Niraj
Bought by
Pinnacle One Llc

Purchase Details

Closed on
Aug 20, 2007
Sold by
Lock Alexander
Bought by
Rana Niraj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$899,900
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 20, 2007
Sold by
Shahi Gaura
Bought by
Rana Nirah

Purchase Details

Closed on
Mar 12, 2007
Sold by
Lock Alexander D L
Bought by
Lock Alexander D L and The Lock Trust Agreement

Purchase Details

Closed on
Mar 22, 2005
Sold by
Stern Steven E and Stern Shawn S
Bought by
Lock Alexander

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
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2000
Sold by
Stern Steven E Trustee and Beverley Stern Fmly Tr U T A 10/23/84 A
Bought by
Stern Steven E and Stern Shawn S

Purchase Details

Closed on
Dec 24, 1998
Sold by
Stern Steven E and Stern Thomas W
Bought by
Stern Steven E and Beverly A Stern Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,500
Interest Rate
6.86%

Purchase Details

Closed on
Dec 16, 1998
Sold by
The Beverly A Stern Family Trust and Stern Steven E
Bought by
Stern Thomas W and Stern Steven E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,500
Interest Rate
6.86%

Purchase Details

Closed on
Nov 18, 1994
Sold by
Stern Thomas W and Stern Beverley A
Bought by
Stern Steven E and The Beverley A Stern Family Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,495,000 Chicago Title Company
Robinos Gina -- Chicago Title Company
Wiita Connie H -- Chicago Title Company
Bonior Steven J -- None Available
Rana Niraj -- Fidelity National Title Co
Wiita Connie H $40,000 Old Republic Title Company
Wiita Connie H -- Old Republic Title Company
Pinnacle One Llc $355,000 Fidelity National Title Co
Rana Niraj $1,000,000 Fidelity National Title Co
Rana Nirah -- Fidelity National Title Co
Lock Alexander D L -- None Available
Lock Alexander $900,000 Fidelity National Title Ins
Stern Steven E $205,000 --
Stern Steven E -- Stewart Title
Stern Thomas W -- Stewart Title
Stern Steven E -- --
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 $600,000
Closed Dagostino James F $250,000
Closed Dagostino James F $100,000
Closed Dagostino James $125,000
Previous Owner Rana Niraj $899,900
Previous Owner Lock Alexander $500,000
Previous Owner Stern Thomas W $190,500
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
02/10/2016 02/10/16 Sold $1,495,000 +7.2% $429 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
12/19/2015 12/19/15 For Sale $1,395,000 -- $400 / 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 $24,124 $1,805,165 $1,086,722 $718,443
2025 $23,430 $1,769,770 $1,065,414 $704,356
2024 $23,430 $1,735,070 $1,044,524 $690,546
2023 $23,121 $1,701,050 $1,024,044 $677,006
2022 $22,953 $1,667,697 $1,003,965 $663,732
2021 $22,459 $1,634,998 $984,280 $650,718
2020 $21,810 $1,618,234 $974,188 $644,046
2019 $21,431 $1,586,505 $955,087 $631,418
2018 $20,713 $1,555,398 $936,360 $619,038
2017 $20,360 $1,524,900 $918,000 $606,900
2016 $12,202 $896,723 $560,387 $336,336
2015 $11,949 $883,254 $551,970 $331,284
2014 $11,504 $865,953 $541,158 $324,795
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81545329

MLSListings

APN: 305-31-031

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