NOT LISTED FOR SALE

2975 Neet Ave San Jose, CA 95128

Castlemont Neighborhood
8 Beds
7 Baths
3,973 Sq Ft
10,202 Sq Ft Lot

Last Sold February 02, 2021

Last sale price $1,920,000 $483 Per Sq Ft

34 Days on Market

About This Home

As of February 2021

This home is located at 2975 Neet Ave, San Jose, CA 95128 since 01 December 2020. This property was built in 1968. 2975 Neet Ave is a home located in Santa Clara County with nearby schools including Del Mar High School, Monroe Middle School, and Castlemont Elementary School.

Last Agent to Sell the Property

Jimmy Castellanos

Marcus & Millichap License #02024152 Listed on: 12/01/2020

Co-Listed By

Kirk Trammell

Marcus & Millichap License #01038657

Last Buyer's Agent

Kathy Kang

ABC Realty & Investment License #01244443

Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 10,202

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 3,973 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • No Garage
  • On-Street Parking
  • Assigned Parking

Additional Features

  • 10,202 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $126,300
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,380
  • Insurance Expense $1,400
  • Maintenance Expense $3,600
  • Other Expense $5,100
  • Utility Expense $4,830
  • Trash Expense $1,857
  • Operating Expense $41,552
  • Gross Income $123,874

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 52
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Living Sq Ft: 3973
  • Stories: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Covered Parking, No Garage, On Street
  • Carport Min: 4

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Gas

Schools

  • School District: Campbell Union High
  • Elementary School: Castlemont Elementary
  • Middle School: Monroe Middle
  • High School: Del Mar High
  • High School: 239
  • Elementary School: 52
  • Middle School: 60

Lot Info

  • Lot Acres: 0.2342
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10200.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.19
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1400
  • Expense Landscape: 1380
  • Expense Maintenance: 3600
  • Expenses Other: 5100
  • Expenses Total: 41552
  • Expenses Utility: 4830
  • Expense Trash: 1857
  • Income Annual Gross: 123874.00
  • Income Annual Rental: 126300
  • Income Gross Scheduled: 127705
  • Income Includes: Laundry, Rents
  • Income Other: 1405
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Tax, Insurance, Maintenance, Services - Gardener, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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 Change Sq Ft Price
02/02/2021 02/02/21 Sold $1,920,000 -1.0% $483 / Sq Ft
01/05/2021 01/05/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $1,940,000 0.0% $488 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $1,940,000 +76.4% $488 / Sq Ft
03/17/2015 03/17/15 Sold $1,100,000 -8.3% $277 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
02/16/2015 02/16/15 For Sale $1,199,000 -- $302 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Jimmy Castellanos

    Seller's Agent in 2021

    Jimmy Castellanos

    Marcus & Millichap

    (408) 483-5040

    3 in this area

    85 Total Sales

    Jimmy Castellanos
    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Kirk Trammell

    Marcus & Millichap

  • K

    Buyer's Agent in 2021

    Kathy Kang

    ABC Realty & Investment

    (408) 385-1892

    2 in this area

    4 Total Sales

    Kathy Kang
    Section Image
  • Eric Ingwerson

    Seller's Agent in 2015

    Eric Ingwerson

    PMZ Real Estate

    (209) 579-6784

    50 Total Sales

    Eric Ingwerson
    Section Image

  • D

    Seller Co-Listing Agent in 2015

    David Haidar

    Digital Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81821870

MLSListings

APN: 279-14-023

California Santa Clara County San Jose 95128 Castlemont

2975 Neet Ave, San Jose, CA

This home is located at 2975 Neet Ave, San Jose, CA 95128 since 01 December 2020. This property was built in 1968. 2975 Neet Ave is a home located in Santa Clara County with nearby schools including Del Mar High School, Monroe Middle School, and Castlemont Elementary School.

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