NOT LISTED FOR SALE
4 Beds
2 Baths
1,464 Sq Ft
5,597 Sq Ft Lot

Last Sold February 25, 2021

Last sale price $875,000 $598 Per Sq Ft

228 Days on Market

Highlights

  • 2 Car Detached Garage
  • Independence High School Rated A-
  • 1-Story Property

About This Home

As of February 2021

Silicon Valley investment *** Duplex, each unit has 2beds/1bath and 1 car garage *** Located near highway 280, 101, 680, and minutes to downtown and San Jose State University. *** Totally upgraded a few years ago by owner/contractor ****Great for starter investors or owner occupy one unit and collect rent on other *** Drive by only, please do not disturb tenants ****

Last Agent to Sell the Property

Truman Nhu

CENTURY 21 Masters License #01110101 Listed on: 05/13/2020

CENTURY 21 Masters

Co-Listed By

Alexia Judy Nguyen

CENTURY 21 Masters License #01262272

Last Buyer's Agent

Truman Nhu

CENTURY 21 Masters License #01110101 Listed on: 05/13/2020

CENTURY 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • 1960

Lot Details

  • 5,597

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,464 Sq Ft Home
  • 1-Story Property

Additional Features

  • 5,597 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $44,400

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,200
  • Trash Expense $1,400
  • Operating Expense $15,000
  • Gross Income $44,400

Property Details

Home Type

Multi-Family

Year Built

1960

Lot Details

5,597 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1464
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1960

Interior Features

  • Living Sq Ft: 1464
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1285
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5599.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5599.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.41
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 15000
  • Expense Trash: 1400
  • Income Annual Gross: 44400.00
  • Income Annual Rental: 44400
  • Income Gross Scheduled: 44400
  • Income Includes: Rents
  • Meters: Master Gas, Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
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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
02/25/2021 02/25/21 Sold $875,000 -12.1% $598 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $995,000 -- $680 / 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 $14,418 $947,126 $790,174 $156,952
2024 $14,418 $928,556 $774,681 $153,875
2023 $14,224 $910,350 $759,492 $150,858
2022 $13,943 $892,500 $744,600 $147,900
2021 $3,075 $62,907 $23,451 $39,456
2020 $2,895 $62,263 $23,211 $39,052
2019 $2,771 $61,043 $22,756 $38,287
2018 $2,695 $59,847 $22,310 $37,537
2017 $2,652 $58,674 $21,873 $36,801
2016 $2,522 $57,525 $21,445 $36,080
2015 $2,488 $56,662 $21,123 $35,539
2014 -- $55,553 $20,710 $34,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81823742

MLSListings

APN: 481-26-005

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