NOT LISTED FOR SALE
3 Beds
4 Baths
1,440 Sq Ft
4,500 Sq Ft Lot

Sale Details

Date Sold: March 25, 2019

Last sale price $1,028,000 $714 Per Sq Ft

69 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 1 Car Detached Garage

About This Home

As of March 2019

Attention all Investors!!!! New reduced Price!! Gorgeous duplex located in the heart of downtown San Jose and close distance to future GOOGLE complex, Google Transit Village, Adobes new Offices , Amazon , Bart and Caltrain. Near San Jose State University, Japan Town, Shopping and restaurants. Recently Updated, currently used as a 4 bedroom, 3 bath, single family home, easy to make it a duplex again. Laundry room, Huge basement and detached 2 car garage. Best of all is the Zoning 'CG' Commercial General, but grandfathered residential. located in a Corner Lot with two addresses. This is an opportunity of a lifetime!!!!

Last Agent to Sell the Property

Alex Hernandez

Corcoran Icon Properties License #01476825 Listed on: 12/19/2018

Corcoran Icon Properties

Last Buyer's Agent

Alex Hernandez

Corcoran Icon Properties License #01476825 Listed on: 12/19/2018

Corcoran Icon Properties
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1926

Lot Details

  • 4,500 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • 1 Carport Space

Home Design

  • Duplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Carpet

Utilities

  • Forced Air Heating and Cooling System
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $36,800

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,200
  • Maintenance Expense $950
  • Utility Expense $720
  • Trash Expense $410
  • Operating Expense $7,206
  • Gross Income $36,800

Property Details

Home Type

Multi-Family

Year Built

1926

Lot Details

4,500 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: CG
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1440
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1926

Interior Features

  • Living Sq Ft: 1440
  • Stories: 1
  • Flooring: Carpet, Hardwood

Exterior Features

  • Foundation: Crawl Space, Raised
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 3
  • Garage Parking Features: Covered Parking, Detached Garage, Parking Restrictions
  • Carport Min: 1

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1033
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4500.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 28.53
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expense Maintenance: 950
  • Expenses Total: 7206
  • Expenses Utility: 720
  • Expense Trash: 410
  • Income Annual Gross: 36800.00
  • Income Annual Rental: 36800
  • Income Gross Scheduled: 36800
  • Income Includes: Rents
  • Meters: Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Loan - Mortgage, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Heating, Utilities - Water

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
Jun 25, 2021
Sold by
Quigley Revocable Trust
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$478,125
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 19, 2018
Closed on
Mar 22, 2019
Sold by
Tang Yan
Bought by
Zhou Huan Le
Seller's Agent
Alex Hernandez
Corcoran Icon Properties
Buyer's Agent
Alex Hernandez
Corcoran Icon Properties
List Price
$1,100,000
Sold Price
$1,028,000
Premium/Discount to List
-$72,000
-6.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2006
Sold by
Iniguez Jaime and Iniguez Aurora
Bought by
Cortez Jaime Iniguez and Iniguez Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2001
Sold by
Iniguez Aurora and Rodriguez Martha
Bought by
Iniguez Jaime I and Iniguez Aurora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.1%

Purchase Details

Closed on
May 1, 1996
Sold by
Wade Dolores and The Wade Family Trust
Bought by
Corona Aurora and Rodriguez Martha
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
-- None Available
Zhou Huan Le -- Old Republic Title Co
Cortez Jaime Iniguez -- Chicago Title Company
Iniguez Jaime I -- Commonwealth Land Title Co
Corona Aurora $152,000 Stewart Title
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 $540,000
Closed Zhuo Huan Le $480,000
Closed Zhou Huan Le $484,000
Previous Owner Cortez Jaime Iniguez $383,000
Previous Owner Cortez Jaime Iniguez $353,929
Previous Owner Cortez Jaime Iniguez $362,000
Previous Owner Cortez Jaime Iniguez $75,000
Previous Owner Cortez Jaime Iniguez $366,000
Previous Owner Iniguez Jaime $89,273
Previous Owner Iniguez Jaime $57,574
Previous Owner Iniguez Jaime I $260,000
Previous Owner Iniguez Jaime I $220,000
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
03/25/2019 03/25/19 Sold $1,028,000 -2.1% $714 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
02/20/2019 02/20/19 Price Changed $1,050,000 -4.5% $729 / Sq Ft
12/19/2018 12/19/18 For Sale $1,100,000 -- $764 / 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 $15,605 $1,169,684 $584,842 $584,842
2025 $15,605 $1,146,750 $573,375 $573,375
2024 $14,696 $1,124,266 $562,133 $562,133
2023 $14,412 $1,102,222 $551,111 $551,111
2022 $14,291 $1,080,610 $540,305 $540,305
2021 $13,999 $1,059,422 $529,711 $529,711
2020 $13,697 $1,048,560 $524,280 $524,280
2019 $3,988 $226,342 $119,128 $107,214
2018 $3,926 $221,905 $116,793 $105,112
2017 $3,877 $217,554 $114,503 $103,051
2016 $3,722 $213,289 $112,258 $101,031
2015 $3,677 $210,086 $110,572 $99,514
2014 $3,175 $205,972 $108,407 $97,565
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81733656

MLSListings

APN: 467-02-045

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