NOT LISTED FOR SALE
4 Beds
2 Baths
1,400 Sq Ft
5,441 Sq Ft Lot

Sale Details

Date Sold: October 18, 2021

Last sale price $850,000 $607 Per Sq Ft

3 Days on Market

Highlights

  • 2 Car Attached Garage
  • Ceiling Fan
  • 1-Story Property
  • Independence High School Rated A-

About This Home

As of October 2021

Marcus & Millichap is pleased to present a bite sized, well-priced duplex in rapidly expanding East San Jose. The subject duplex is located at 2481-2483 Clyda Drive in San Jose seconds from Capital Expressway, interstate 680, highway 101, and Alum Rock Avenue. This duplex was built in 1961, is situated on a generous 5,616 square foot lot (per county assessor), and has a net rentable square footage of approximately 1,400 square feet (per county assessor). Moreover, 2481-2483 Clyda Drive has schools located in the rapidly improving San Jose Unified School district. The property feeds into Cesar Chavez Elementary School (822 API), Lee Mathson Middle School (708 API), and Independence High School (757 API).

Last Agent to Sell the Property

Jimmy Castellanos

Marcus & Millichap License #02024152 Listed on: 09/13/2021

Last Buyer's Agent

Uyen Nguyen

Pacificwide Real Estate & Mortgage License #01422514

Pacificwide Real Estate & Mortgage

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 5,441 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $62,400

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,200
  • Insurance Expense $600
  • Maintenance Expense $1,200
  • Other Expense $3,839
  • Utility Expense $2,520
  • Trash Expense $549
  • Operating Expense $19,281
  • Gross Income $59,904

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

5,441 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 1400
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 246

Lot Info

  • Lot Acres: 0.1249
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5439.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5439.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.30
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 600
  • Expense Landscape: 1200
  • Expense Maintenance: 1200
  • Expenses Other: 3839
  • Expenses Total: 19281
  • Expenses Utility: 2520
  • Expense Trash: 549
  • Income Annual Gross: 59904.00
  • Income Annual Rental: 62400
  • Income Gross Scheduled: 62400
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 4

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

Closed on
May 1, 2022
Sold by
Bought by

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 4, 2021
Sold by
Bought by
Seller's Agent
Jimmy Castellanos
Marcus & Millichap
Buyer's Agent
Uyen Nguyen
Pacificwide Real Estate & Mortgage
List Price
$830,000
Sold Price
$850,000
Premium/Discount to List
$20,000
2.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
0.028%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 5, 2014
Sold by
Bought by

Purchase Details

Closed on
Aug 7, 2008
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
$850,000 Chicago Title Company
-- None Available
-- None Available
-- None Available
-- None Available
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
Previous Owner $637,500
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
10/18/2021 10/18/21 Sold $850,000 +2.4% $607 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $830,000 -- $593 / 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
2025 $14,582 $902,026 $679,173 $222,853
2024 $14,582 $884,340 $665,856 $218,484
2023 $14,281 $867,000 $652,800 $214,200
2022 $13,988 $850,000 $640,000 $210,000
2021 $9,334 $509,620 $351,073 $158,547
2020 $9,013 $504,396 $347,474 $156,922
2019 $8,713 $494,507 $340,661 $153,846
2018 $8,567 $484,812 $333,982 $150,830
2017 $8,165 $475,307 $327,434 $147,873
2016 $7,715 $465,988 $321,014 $144,974
2015 $7,703 $458,990 $316,193 $142,797
2014 -- $450,000 $310,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81862498

MLSListings

APN: 484-39-065

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