NOT LISTED FOR SALE
4 Beds
2 Baths
1,440 Sq Ft
5,249 Sq Ft Lot

Sale Details

Date Sold: July 10, 2024

Last sale price $1,160,000 $806 Per Sq Ft

27 Days on Market

Highlights

  • Balcony
  • Double Pane Windows
  • Tile Flooring
  • 2 Car Attached Garage
  • Tile Countertops
  • Central Air

About This Home

As of July 2024

Rare Duplex opportunity for you to live in One unit & rent the other unit! 295 (left) and 297 (right). Both units are 2 bedroom, 1 bathroom floor plans, both are approx. 720 sq ft each. One single level property with similar floor plans. Both units have 1 car attached garages, wall Air Conditioning units, separate gas & electric meters , individual water heaters, additional driveway parking. Both units include their own full-size portable dishwasher, washer + dryer, gas stove/oven, and 295 (left) has a refrigerator. The property has lots of new repairs & upgrades: new interior & some exterior paint, new vinyl & carpet flooring, new window coverings, some new bathroom/plumbing fixtures/features, improved landscaping, some new fencing. Composition shingle roof, dual-pane windows, gas wall heaters, private yards, additional parking on street, electric garage doors, tile kitchen counters, shower over tub, and ample closet space. Conveniently located near Hwy-280, 101 & 87, easy access to all of Southbay. Close to SJSU, bus lines, Downtown SJ & potential future Google Village. Across from CEFCU Football stadium. Ideal for 1031 exchange/Investor buyer. Buyer to verify all schools, public records & permit history. This property has been well maintained. Don't wait, this one won't last!

Last Agent to Sell the Property

Robbie Matusich

Richard G. Matusich & Assoc., Inc. License #01449407 Listed on: 05/18/2024

Last Buyer's Agent

Andy Pham

Real Estate Avenue License #02045283

Real Estate Avenue

Property Details

Home Type

  • Multi-Family

Year Built

  • 1955

Lot Details

  • 5,249 Sq Ft Lot
  • Fenced
  • Lot Sloped Up
  • Sprinklers on Timer
  • Drought Tolerant Landscaping
  • Back Yard

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Crawl Space
  • Alarm System
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $54,288

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $5,040
  • Insurance Expense $6,816
  • Maintenance Expense $1,320
  • Other Expense $2,054
  • Utility Expense $2,315
  • Operating Expense $22,126
  • Gross Income $54,288

Property Details

Home Type

Multi-Family

Year Built

1955

Lot Details

5,249 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1440
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1955

Interior Features

  • Kitchen: Appliances - Vary By Unit, Countertop - Tile, Dishwasher, Garbage Disposal, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1440
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Crawl Space
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, On Street, Parking Area

Utilities

  • Cooling System: Central Ac, Window / Wall Unit
  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • High School: 347

Lot Info

  • Lot Description: Grade - Sloped Up
  • Lot Acres: 0.1205
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5250.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5250.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 22.82
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 6816
  • Expense Landscape: 5040
  • Expense Maintenance: 1320
  • Expenses Other: 2054
  • Expenses Total: 22126
  • Expenses Utility: 2315
  • Income Annual Gross: 54288.00
  • Income Annual Rental: 54288
  • Income Gross Scheduled: 54288
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance, Maintenance - Repair, Services - Gardener, Services - Sewer, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
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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
07/10/2024 07/10/24 Sold $1,160,000 -6.4% $806 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
05/18/2024 05/18/24 For Sale $1,239,000 -- $860 / 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 $4,762 $1,116,000 $800,000 $316,000
2024 $4,762 $202,611 $99,251 $103,360
2023 $4,610 $198,639 $97,305 $101,334
2022 $4,554 $194,746 $95,398 $99,348
2021 $4,367 $190,928 $93,528 $97,400
2020 $4,163 $188,971 $92,569 $96,402
2019 $4,022 $185,266 $90,754 $94,512
2018 $3,944 $181,634 $88,975 $92,659
2017 $3,886 $178,074 $87,231 $90,843
2016 $3,722 $174,583 $85,521 $89,062
2015 $3,680 $171,962 $84,237 $87,725
2014 -- $168,594 $82,587 $86,007
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81966354

MLSListings
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