J
Seller's Agent in 2015
Justin Bautista
Cassidy Turley Northern California, Inc.
2302 William Dr Santa Clara, CA 95050
8
Beds
4
Baths
3,117
Sq Ft
12,632
Sq Ft
About This Home
As of December 2015This well-maintained 4-plex features (4) 2 bedroom / 1 bathroom units that are +/- 779 square feet each and include a patio or balcony. New dual paned windows, stucco and exterior paint. The property is situated on a large lot. Current rents are significantly below market providing a "value-add" opportunity. Market GRM: 13.56 and Market Cap Rate: 4.95%. Ideal rental location is convenient to Highway 101, San Tomas Expressway, Central Expressway, El Camino Real and is moments to Santa Clara Towne Center.
Last Agent to Sell the Property
Justin Bautista
Cassidy Turley Northern California, Inc. License #01268331 Listed on: 10/21/2015
Property Details
Home Type
- Multi-Family
Year Built
- 1962
Lot Details
- 0.29
Home Design
- Quadruplex
- Rolled or Hot Mop Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,117 Sq Ft Home
- 2-Story Property
Parking
- 12 Parking Spaces
- Uncovered Parking
Utilities
- Wall Furnace
- Heating System Uses Gas
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $65,640
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $500
- Insurance Expense $2,846
- Maintenance Expense $2,000
- Other Expense $1,969
- Utility Expense $6,377
- Operating Expense $28,563
- Gross Income $66,600
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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 |
|---|---|---|---|---|
| 12/22/2015 12/22/15 | Sold | $1,250,000 | 0.0% | $401 / Sq Ft |
| 11/16/2015 11/16/15 | Pending | -- | -- | -- |
| 10/21/2015 10/21/15 | For Sale | $1,250,000 | -- | $401 / 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 | $17,024 | $1,479,741 | $887,845 | $591,896 |
| 2024 | $17,024 | $1,450,728 | $870,437 | $580,291 |
| 2023 | $16,853 | $1,422,283 | $853,370 | $568,913 |
| 2022 | $16,568 | $1,394,396 | $836,638 | $557,758 |
| 2021 | $16,504 | $1,367,056 | $820,234 | $546,822 |
| 2020 | $16,206 | $1,353,040 | $811,824 | $541,216 |
| 2019 | $16,184 | $1,326,510 | $795,906 | $530,604 |
| 2018 | $15,143 | $1,300,500 | $780,300 | $520,200 |
| 2017 | $15,070 | $1,275,000 | $765,000 | $510,000 |
| 2016 | $14,706 | $1,250,000 | $750,000 | $500,000 |
| 2015 | $10,285 | $858,254 | $521,911 | $336,343 |
| 2014 | $9,778 | $841,443 | $511,688 | $329,755 |
Source: Public Records
Agents Affiliated with this Home
-
-
William Tran
Buyer's Agent in 2015
William Tran
Elite Realty Services
(408) 506-1746
2 in this area
78 Total Sales
Map
Source: MLSListings
MLS Number: ML81519677
APN: 224-32-073
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