NOT LISTED FOR SALE
2 Beds
2 Baths
1,560 Sq Ft
3,223 Sq Ft Lot

Sale Details

Date Sold: December 15, 2016

Last sale price $606,000 $388 Per Sq Ft

5 Days on Market

Highlights

  • Wood Flooring
  • Double Pane Windows
  • Tile Countertops
  • 2 Car Detached Garage
  • Walk-In Closet
  • Back Yard

About This Home

As of December 2016

Charming two story duplex centrally located within walking distance to downtown San Jose. Great investment opportunity. Upstairs unit is vacant, freshly painted and ready to move in or you can rent it and get your own market rate .Hardwood floors. Some double pane windows. Courtyard. Detached two car garage with automatic opener.

Last Agent to Sell the Property

Ed Lafosse

Lafosse Asset Management License #00864594 Listed on: 10/21/2016

Last Buyer's Agent

Karen McAuley

Coldwell Banker Realty License #01273906

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Lot Details

  • 3,223 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Wood Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Walk-In Closet
  • 1,560 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Oven or Range
  • Tile Countertops

Flooring

  • Wood
  • Tile

Utilities

  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $41,064

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $975
  • Insurance Expense $960
  • Maintenance Expense $1,678
  • Manager Expense $2,874
  • Utility Expense $686
  • Operating Expense $14,672
  • Gross Income $39,011

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

3,223 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: C2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1560
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Interior Features

  • Kitchen: Appliances - Vary By Unit, Countertop - Tile, Oven Range, Refrigerator
  • Living Sq Ft: 1560
  • Stories: 2
  • Flooring: Hardwood, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Yard/Grounds: Back Yard
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Lot Info

  • Lot Acres: 0.0740
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3236.51
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3236.51

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.61
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 960
  • Expense Landscape: 975
  • Expense Maintenance: 1678
  • Expense Management: 2874
  • Expenses Total: 14672
  • Expenses Utility: 686
  • Income Annual Gross: 39011.00
  • Income Annual Rental: 41064
  • Income Gross Scheduled: 41064
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • 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

Listed on
Oct 21, 2016
Closed on
Dec 6, 2016
Sold by
Bought by
Seller's Agent
Ed Lafosse
Lafosse Asset Management
Buyer's Agent
Karen McAuley
Coldwell Banker Realty
List Price
$599,900
Sold Price
$606,000
Premium/Discount to List
$6,100
1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,023
Outstanding Balance
$467,928
Interest Rate
3.54%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 5, 2007
Sold by
Bought by

Purchase Details

Closed on
Dec 28, 1999
Sold by
Bought by
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
$606,000 First American Title Company
-- None Available
$141,000 --
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
Open $111,367
Open $595,023
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
12/15/2016 12/15/16 Sold $606,000 +1.0% $388 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $599,900 -- $385 / 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
2026 $10,903 $717,375 $485,354 $232,021
2025 $10,349 $703,310 $475,838 $227,472
2024 $10,349 $689,520 $466,508 $223,012
2023 $10,114 $676,001 $457,361 $218,640
2022 $10,011 $662,747 $448,394 $214,353
2021 $9,746 $649,752 $439,602 $210,150
2020 $9,448 $643,091 $435,095 $207,996
2019 $9,209 $630,482 $426,564 $203,918
2018 $9,092 $618,120 $418,200 $199,920
2017 $9,003 $606,000 $410,000 $196,000
2016 $8,273 $550,000 $390,000 $160,000
2015 $5,602 $309,961 $111,343 $198,618
2014 $4,478 $303,890 $109,162 $194,728
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81629473

MLSListings

APN: 467-03-083

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