NOT LISTED FOR SALE

2921 El Sobrante St Santa Clara, CA 95051

Estimated Value: $1,424,000 - $1,904,217

5 Beds
2 Baths
1,040 Sq Ft
$1,649/Sq Ft Est. Value

Last Sold December 20, 2016

Last sale price $1,055,000 $1,014 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $10,516/month

51 Days on Market

Highlights

  • Tandem Parking
  • Juan Cabrillo Middle School Rated A
  • 1-Story Property

About This Home

As of December 2016

Excellent opportunity for an investor or owner occupant! Front unit 3bd/1ba, currently vacant can generate $3k or more per month or ready to move in for buyer. Back unit 2bd/1ba currently tenant occupied. Front unit with updated kitchen granite counters and all new S/S appliances - new bamboo flooring in living room. Back unit leads to a cute, private backyard. Shared carport, however lots of parking on property. Quite tree-lined street. Central Santa Clara location close to El Camino Real, multiple Fortune 500 companies, Levi's Stadium, SCU and SJC.

Last Agent to Sell the Property

Reza Khan

Reza Khan, Broker License #01880118 Listed on: 09/14/2016

Last Buyer's Agent

Reza Khan

Reza Khan, Broker License #01880118 Listed on: 09/14/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,085

Year Built

  • 1950

Lot Details

  • 7,492

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property

Parking

  • 3 Parking Spaces
  • 1 Carport Space
  • Tandem Parking

Additional Features

  • 7,492 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $48,000

Community Details

Overview

  • 1,040 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gardener Expense $500
  • Insurance Expense $1,200
  • Maintenance Expense $500
  • Trash Expense $600
  • Operating Expense $6,525
  • Gross Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,085

Year Built

1950

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Age: 66
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1040
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 1040
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Room For Oversized Vehicle, Tandem Parking
  • Carport Min: 1

Utilities

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

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.1720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7501.03
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7501.03

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.96
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 500
  • Expense Maintenance: 500
  • Expenses Total: 6525
  • Expense Trash: 600
  • Income Annual Gross: 48000.00
  • Income Annual Rental: 48000
  • Income Gross Scheduled: 48000
  • Income Includes: Lease
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2021
Sold by
Amini Arash and Shakeri Arash
Bought by
Amini Arash and Shakeri Arash
Current Estimated Value
$1,714,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Outstanding Balance
$593,262
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,214,727

Purchase Details

Listed on
Sep 14, 2016
Closed on
Dec 15, 2016
Sold by
Charkhabi Leila
Bought by
Amini Arash
Seller's Agent
Reza Khan
Reza Khan, Broker
Buyer's Agent
Reza Khan
Reza Khan, Broker
List Price
$1,149,900
Sold Price
$1,055,000
Premium/Discount to List
-$94,900
-8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$738,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 21, 2009
Sold by
Nguyen Anh K Pham
Bought by
Nguyen Cong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2006
Sold by
Nguyen Trung Tri and Nguyen Belinda Ann
Bought by
Nguyen Belinda Ann and Nguyen Cong
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Amini Arash -- Amrock Inc
Amini Arash -- First American Title Company
Shakeri Far Arash -- First American Title Company
Amini Arash $1,055,000 First American Title Company
Nguyen Cong -- Cornerstone Title Company
Nguyen Belinda Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amini Arash $645,000
Closed Amini Arash $705,600
Closed Amini Arash $738,500
Previous Owner Nguyen Cong $190,000
Previous Owner Nguyen Trung $200,000
Previous Owner Nguyen Trung Tri $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2016 12/20/16 Sold $1,055,000 -8.3% $1,014 / Sq Ft
11/05/2016 11/05/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $1,149,900 -- $1,106 / 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 $14,085 $1,224,413 $1,044,524 $179,889
2024 $14,085 $1,200,406 $1,024,044 $176,362
2023 $13,943 $1,176,869 $1,003,965 $172,904
2022 $13,708 $1,153,794 $984,280 $169,514
2021 $13,655 $1,131,172 $964,981 $166,191
2020 $13,408 $1,119,574 $955,087 $164,487
2019 $13,390 $1,097,622 $936,360 $161,262
2018 $12,528 $1,076,100 $918,000 $158,100
2017 $12,467 $1,055,000 $900,000 $155,000
2016 $3,740 $305,173 $100,921 $204,252
2015 $3,725 $300,590 $99,406 $201,184
2014 $3,532 $294,703 $97,459 $197,244
Source: Public Records

Agents Affiliated with this Home

  • Reza Khan

    Seller's Agent in 2016

    Reza Khan

    Reza Khan, Broker

    (408) 457-4115

    1 in this area

    35 Total Sales

    Reza Khan
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Map

Source: MLSListings

MLS Number: ML81614485

MLSListings

APN: 290-17-034

California Santa Clara County Santa Clara 95051

2921 El Sobrante St, Santa Clara, CA

This home is located at 2921 El Sobrante St, Santa Clara, CA 95051 since 14 September 2016 and is currently estimated at $1,714,554, approximately $1,648 per square foot. This property was built in 1950. 2921 El Sobrante St is a home located in Santa Clara County with nearby schools including Pomeroy Elementary School, Juan Cabrillo Middle School, and Santa Clara High School.

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