NOT LISTED FOR SALE

2931 Benton St Santa Clara, CA 95051

5 Beds
4 Baths
2,394 Sq Ft
7,640 Sq Ft Lot

Sale Details

Date Sold: June 7, 2019

Last sale price $1,495,000 $624 Per Sq Ft

42 Days on Market

Highlights

  • 3 Car Attached Garage
  • Tile Flooring
  • 1-Story Property
  • Juan Cabrillo Middle School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of June 2019

Rare opportunity to own duplex in desirable Santa Clara, a heart of Silicon Valley! All 2 units are well maintained with updated kitchen and bathroom. Larger unit offers 3 bedrooms & 2 Baths including 1 master suite, laminate floor, double pane window, recessed lights, new bathroom double sink vanity, new kitchen appliances, and new interior paint. Smaller unit featurs 2 bedrooms & 1.5 baths including 1 master suite, laminate floor, double pane window. Replaced old plumbing with copper plumbing and newer water heater. Each unit has plenty space of private backyard to enjoy and its own parking spaces. This property is closely located to major IT companies (just mile away from new Apple campus), Kaiser Hospital, schools, parks, shopping malls, Lawrence expwy, San Tomas expwy, 280FWY. This makes very attractive and high rent demand.

Last Agent to Sell the Property

Louiis Kang

Legacy Real Estate & Associates License #01916275 Listed on: 04/03/2019

Legacy Real Estate & Associates

Last Buyer's Agent

Kyu Il Hong

Bay East AOR License #01754609

Property Details

Home Type

  • Multi-Family

Year Built

  • 1969

Lot Details

  • 7,640

Parking

  • 3 Car Attached Garage

Home Design

  • Duplex
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,394 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Tile

Additional Features

  • 7,640 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $81,600

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Manager Expense $4,800
  • Operating Expense $25,950
  • Gross Income $77,520

Property Details

Home Type

Multi-Family

Year Built

1969

Lot Details

7,640 Sq Ft Lot

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2394
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1969

Interior Features

  • Living Sq Ft: 2394
  • Stories: 1
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Acres: 0.1754
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7642.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7642.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 17.77
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1200
  • Expense Maintenance: 1200
  • Expense Management: 4800
  • Expenses Total: 25950
  • Income Annual Gross: 77520.00
  • Income Annual Rental: 81600
  • Income Gross Scheduled: 81600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 5

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
Jan 22, 2023
Sold by
Bought by

Purchase Details

Listed on
Apr 3, 2019
Closed on
Jun 4, 2019
Sold by
Bought by
Seller's Agent
Louiis Kang
Legacy Real Estate & Associates
Buyer's Agent
Kyu Il Hong
Bay East AOR
List Price
$1,450,000
Sold Price
$1,495,000
Premium/Discount to List
$45,000
3.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,196,000
Interest Rate
0.042%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2004
Sold by
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
$600,000
Interest Rate
0.0587%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 1998
Sold by
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
$282,750
Interest Rate
0.0682%
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
$1,495,000 Old Republic Title Company
-- Financial Title Company
$780,000 Financial Title Company
$435,000 Chicago Title Co
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
Closed $1,153,000
Closed $1,196,000
Closed $600,000
Closed $282,750
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
06/07/2019 06/07/19 Sold $1,495,000 +3.1% $624 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
05/08/2019 05/08/19 For Sale $1,450,000 0.0% $606 / Sq Ft
05/08/2019 05/08/19 Price Changed $1,450,000 +7.5% $606 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $1,349,000 -- $563 / 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 $19,136 $1,667,696 $1,115,517 $552,179
2024 $19,136 $1,634,997 $1,093,645 $541,352
2023 $18,863 $1,602,939 $1,072,201 $530,738
2022 $18,541 $1,571,510 $1,051,178 $520,332
2021 $18,469 $1,540,697 $1,030,567 $510,130
2020 $18,134 $1,524,900 $1,020,000 $504,900
2019 $10,668 $878,614 $544,962 $333,652
2018 $9,981 $861,387 $534,277 $327,110
2017 $9,931 $844,498 $523,801 $320,697
2016 $9,715 $827,940 $513,531 $314,409
2015 $9,677 $815,505 $505,818 $309,687
2014 -- $799,531 $495,910 $303,621
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81745379

MLSListings

APN: 290-18-061

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