NOT LISTED FOR SALE
5 Beds
6 Baths
2,960 Sq Ft
3,441 Sq Ft Lot

Last Sold May 01, 2017

Last sale price $1,400,000 $473 Per Sq Ft

182 Days on Market

Highlights

  • Victorian Architecture
  • Fireplace
  • Coin Laundry
  • 1 Car Detached Garage
  • Forced Air Heating System
  • 5-minute walk to John P. Mcenery Park

About This Home

As of May 2017

Back on the Market! Don't miss your second chance to get this beautifully restored Victorian 4-plex in the heart of San Jose. All systems of the home have been upgraded including a brand new foundation in 2009. This amazing home, is perfect for both investors and owner occupied persons who want to live an urban lifestyle close to many amenities while collecting income from the other 3 units.

Last Agent to Sell the Property

Jess Wible

Intero Real Estate Services License #01077539 Listed on: 09/15/2016

Intero Real Estate Services

Last Buyer's Agent

Ton Dang

TD Real Estate License #01255374

Property Details

Home Type

  • Multi-Family

Year Built

  • 1898

Lot Details

  • 3,441 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Victorian Architecture
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Security Lights
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $94,800

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 2 Leased Units
  • Insurance Expense $2,800
  • Manager Expense $480
  • Utility Expense $3,800
  • Trash Expense $3,800
  • Operating Expense $25,880
  • Gross Income $90,858

Property Details

Home Type

Multi-Family

Year Built

1898

Lot Details

0

Parking

1

Listing Details

  • Zoning: CG
  • Subclass: Fourplex
  • Style: Victorian
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1898

Interior Features

  • Living Sq Ft: 2960
  • Stories: 2
  • Security: Security Lights
  • Laundry: Coin Operated, Washer/Dryer - Some Units

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Rolled Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Fireplace, Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.0790
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3446.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3446.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 13.48
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2800
  • Expense Management: 480
  • Expenses Total: 25880
  • Expenses Utility: 3800
  • Expense Trash: 3800
  • Income Annual Gross: 90858.00
  • Income Annual Rental: 94800
  • Income Gross Scheduled: 95640
  • Income Includes: Owners Unit Rental
  • Income Other: 840
  • Meters: Separate Common Area
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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 List to Sale Price per Sq Ft Prior Sale
05/01/2017 05/01/17 Sold $1,400,000 +8.6% $473 / Sq Ft
03/17/2017 03/17/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $1,289,000 +40820.6% $435 / Sq Ft
12/16/2016 12/16/16 Pending -- -- --
09/15/2016 09/15/16 For Sale $3,150 -99.7% $1 / Sq Ft
08/30/2016 08/30/16 Sold $1,200,000 0.0% $405 / Sq Ft View Prior Sale
08/30/2016 08/30/16 Pending -- -- --
08/30/2016 08/30/16 For Sale $1,200,000 -- $405 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $24,959 $1,624,814 $1,114,159 $510,655
2024 $24,959 $1,592,956 $1,092,313 $500,643
2023 $24,384 $1,561,723 $1,070,896 $490,827
2022 $24,084 $1,531,102 $1,049,899 $481,203
2021 $22,740 $1,501,081 $1,029,313 $471,768
2020 $21,948 $1,485,690 $1,018,759 $466,931
2019 $21,346 $1,456,560 $998,784 $457,776
2018 $21,058 $1,428,000 $979,200 $448,800
2017 $18,452 $1,200,000 $830,000 $370,000
2016 $13,914 $836,347 $374,484 $461,863
2015 $13,803 $823,785 $368,859 $454,926
2014 -- $807,649 $361,634 $446,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81631849

MLSListings

APN: 467-19-048