NOT LISTED FOR SALE

Estimated Value: $1,005,000 - $1,073,000

3 Beds
2 Baths
1,084 Sq Ft
$960/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $955,000 $881 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,675/month

6 Days on Market

Highlights

  • 0.25 Acre Lot
  • Forced Air Heating System
  • Vinyl Flooring
  • Eat-In Kitchen
  • Wood Fence
  • 1-Story Property

About This Home

As of August 2023

Amazing San Jose Home For Sale! Imagine owning a home that not only pays for itself but also generates significant passive income. The home currently has 6 rooms rented out and can generate $8,000 per month in rent. The potential to expand and add 2 more units is also available. The property is close to San Jose State University, Highway 101, and the coming soon Google Village. The home is well-maintained and in good condition which makes it easy to attract university students, young professionals, and other tech workers. Whether you are looking to buy a multi-generational home or investment property, this is a MUST-SEE property in order to appreciate how amazing it is.

Last Agent to Sell the Property

Michael Reyes

Intero Real Estate Services License #01936496 Listed on: 07/06/2023

Intero Real Estate Services

Co-Listed By

Julie Gerughty

Intero Real Estate Services License #02163503

Last Buyer's Agent

Boyan Li

BQ Realty License #02211185

BQ Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1918

Lot Details

  • 10,751 Sq Ft Lot
  • Wood Fence
  • Zoning described as R2

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,084 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Vinyl Flooring
  • Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Parking Spaces
  • No Garage
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 467-11-018

Home Details

Home Type

Single Family

Year Built

Built in 1918

Lot Details

10,751 Sq Ft Lot

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1084
  • Incorporated: Yes
  • Year Built: 1918
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Eat in Kitchen
  • Kitchen: Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 1084
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Electricity Hookup (220V)
  • Flooring: Vinyl / Linoleum
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: No Garage, Parking Area, Room for Oversized Vehicle, Uncovered Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 467-11-018
  • Lot Acres: 0.2468
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10750.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2021
Sold by
Erickson Jesse E F
Bought by
Erickson Jesse E F and Hagen Christina
Current Estimated Value
$1,040,571

Purchase Details

Closed on
Mar 31, 2005
Sold by
Delas Maria J
Bought by
Erickson Jesse E F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,600
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 24, 2002
Sold by
Filippelli Isolina M
Bought by
Richter Maria J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Erickson Jesse E F $450,000 Fidelity National Title Co
Erickson Jesse E F $526,000 Financial Title Company
Richter Maria J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Erickson Jesse E F $52,600
Closed Erickson Jesse E F $420,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $955,000 +19.4% $881 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $799,999 -- $738 / 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 $13,837 $974,100 $633,114 $340,986
2024 $13,837 $955,000 $620,700 $334,300
2023 $12,922 $887,400 $775,200 $112,200
2022 $10,726 $689,582 $447,903 $241,679
2021 $10,346 $676,062 $439,121 $236,941
2020 $9,965 $669,131 $434,619 $234,512
2019 $9,686 $656,012 $426,098 $229,914
2018 $9,550 $643,150 $417,744 $225,406
2017 $9,451 $630,540 $409,553 $220,987
2016 $9,249 $618,177 $401,523 $216,654
2015 $9,052 $597,800 $388,300 $209,500
2014 $7,123 $529,000 $343,600 $185,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81933398

MLSListings

APN: 467-11-018

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