NOT LISTED FOR SALE

247 Parmer Ave San Jose, CA 95116

Mayfair Neighborhood
4 Beds
2 Baths
1,752 Sq Ft
5,467 Sq Ft Lot

Last Sold April 25, 2019

Last sale price $735,000 $420 Per Sq Ft

13 Days on Market

Highlights

  • 2 Car Detached Garage
  • Tile Flooring
  • 1-Story Property

About This Home

As of April 2019

Great opportunity for income investment and not under San Jose Rent Control as this is 2 seperate homes on one lot, classified as Duplexes with no common walls. Front unit has a large fenced in front yard and rear unit has a small private fenced in rear yard. 2 car detached garage with long driveway an ample parking. Each unit is a 2 bedroom 1 bath with interior laundry rooms. Bring you contractors, your vision and your sweat and build your equity as this property does need a bit of TLC and some slight fixing up. Great opportunity awaits you!

Last Agent to Sell the Property

Deborah Johnson

Compass License #01911035 Listed on: 04/04/2019

Compass

Last Buyer's Agent

Deborah Johnson

Compass License #01911035 Listed on: 04/04/2019

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Lot Details

  • 5,467

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,752 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Additional Features

  • 5,467 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $22,200

Community Details

Overview

  • 1,752 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $900
  • Operating Expense $8,357
  • Gross Income $22,200

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8
  • Subclass: Duplex
  • Age: 79
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1752
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Kitchen: Countertop - Laminate, Oven Range - Gas
  • Living Sq Ft: 1752
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, On Street

Utilities

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

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1255
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5468.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5468.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 31.49
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 900
  • Expenses Total: 8357
  • Income Annual Gross: 22200.00
  • Income Annual Rental: 22200
  • Income Gross Scheduled: 22200
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Range of Values:

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Sold Price
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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 Change Sq Ft Price
04/25/2019 04/25/19 Sold $735,000 +5.2% $420 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $699,000 -- $399 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Deborah Johnson

    Compass

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Map

Source: MLSListings

MLS Number: ML81745539

MLSListings

APN: 481-47-017

California Santa Clara County San Jose 95116 Mayfair

247 Parmer Ave, San Jose, CA

This home is located at 247 Parmer Ave, San Jose, CA 95116 since 04 April 2019. This property was built in 1940. 247 Parmer Ave is a home located in Santa Clara County with nearby schools including Anne Darling Elementary, Muwekma Ohlone Middle, and San Jose High School.

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