NOT LISTED FOR SALE

295 Fanyon St Milpitas, CA 95035

5 Beds
3 Baths
2,219 Sq Ft
8,220 Sq Ft Lot

Last Sold July 15, 2019

Last sale price $1,190,000 $536 Per Sq Ft

7 Days on Market

Highlights

  • 2 Car Attached Garage
  • Tandem Parking
  • Forced Air Heating System
  • William Burnett Elementary School Rated A
  • Tile Flooring
  • 1-Story Property

About This Home

As of July 2019

Rare Opportunity to put your personal touches on this large duplex in Milpitas. A duplex of this size doesn't become available very often. This duplex features two large units, one is a 3 bedroom 2 bath, and the second unit is a 2 bedroom, 1 bath. The home features 2,219 of living space, on a large lot that is approximately 8,219 sq ft, with two one car garages. This home has had long term tenants for 30 plus years, there is currently deferred maintenance on both units and it is in need of work. The possibilities are endless!!

Last Agent to Sell the Property

Ashley Mateo

Compass License #02007368 Listed on: 05/16/2019

Compass

Last Buyer's Agent

Jerylann Mateo

Compass License #01362250

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1971

Lot Details

  • 8,220

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • On-Street Parking

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,219 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Tile

Additional Features

  • 8,220 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $28,800

Community Details

Overview

Building Details

  • Insurance Expense $850
  • Operating Expense $2,704
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Year Built

1971

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2S
  • Subclass: Duplex
  • Age: 48
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2219
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Interior Features

  • Living Sq Ft: 2219
  • Stories: 1
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Crawl Space
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, On Street, Tandem Parking

Utilities

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

Schools

  • School District: Milpitas Unified
  • Elementary School: William Burnett Elementary
  • Middle School: Rancho Milpitas Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 279
  • Middle School: 283

Lot Info

  • Lot Acres: 0.1887
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8219.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8219.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 34.65

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 850
  • Expenses Total: 2704
  • Income Annual Gross: 28800.00
  • Income Annual Rental: 28800
  • Income Gross Scheduled: 28800
  • Meters: Master Gas, Separate Electric, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Maintenance - Repair
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Range of Values:

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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
07/15/2019 07/15/19 Sold $1,190,000 +19.2% $536 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $998,000 -- $450 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81752298

MLSListings

APN: 029-16-028