NOT LISTED FOR SALE

32 Manning Ave San Jose, CA 95127

Alum Rock Neighborhood

Estimated Value: $985,000 - $1,184,000

5 Beds
2 Baths
2,100 Sq Ft
$527/Sq Ft Est. Value

Last Sold November 05, 2014

Last sale price $580,000 $276 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,741/month

77 Days on Market

Highlights

  • Neighborhood Views
  • Floor Furnace
  • Carpet
  • Baseboard Heating
  • Level Lot
  • 1-Story Property

About This Home

As of November 2014

**Fantastic property located on a large lot. Has 2 homes! Front house is 1368 sf and back house is approx. 800 sf. Lots of great potential here! Large laundry room and additional storage space in main house. One half bath might be expanded to a full-the making a master suite. Convenient commute location. Back home built in 1981. Live in one and rent out the other....or cash flow with both rent

Last Agent to Sell the Property

Donna Dring

Bay East AOR License #00715595 Listed on: 07/25/2014

Last Buyer's Agent

David Phan

Golden Valley Investment License #01036898

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,369

Year Built

  • 1948

Lot Details

  • 7,492

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Flooring

  • Carpet
  • Vinyl

Parking

  • Private Parking
  • Off-Street Parking

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $40,800
  • The owner pays for garbage

Community Details

Overview

  • 2 Units
  • 2,100 Sq Ft Building

Building Details

  • Insurance Expense $1,400
  • Utility Expense $300
  • Trash Expense $150
  • Operating Expense $4,623
  • Gross Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,369

Year Built

1948

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Geological/Flood, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 276.19
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2100
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Living Sq Ft: 2100
  • Stories: 1
  • Laundry: 220 Volt Outlet, Washer/Dryer - All Units, Washer/Dryer - Owned
  • Flooring: Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive, Spaces Per Unit - 1, Off-Street Parking

Utilities

  • Heating System: Baseboard, Floor Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7500.00
  • Lot Size Area Min Search: 7500.00
  • Maximum Lot Size: 7500.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.70
  • Min Rent2 Bed1 Bath: 1400
  • Min Rent3 Bed1 Bath: 1800

Multi Family

  • Expense Insurance: 1400
  • Expenses Total: 4623
  • Expenses Utility: 300
  • Expense Trash: 150
  • Income Annual Gross: 40800.00
  • Income Annual Rental: 40800
  • Income Gross Scheduled: 40800
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Maximum Rent2 Bed1 Bath: 1650
  • Maximum Rent3 Bed1 Bath: 2500
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 1
  • Number Of Buildings: 2
  • Operating Expenses Include: Services - Trash Removal, Insurance, Fee - Property Tax
  • Owner Pays: Garbage
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2021
Sold by
Hua Trung and Nguyen Dee
Bought by
Hua Trung T and Nguyen Dee
Current Estimated Value
$1,107,127

Purchase Details

Closed on
May 20, 2016
Sold by
Luong My Diem Vu
Bought by
Hua Trung and Nguyen Dee

Purchase Details

Listed on
Jul 25, 2014
Closed on
Nov 3, 2014
Sold by
Dover Terry D and Dover Beverly J
Bought by
Luong My Diem Vu
Seller's Agent
Donna Dring
Bay East AOR
Buyer's Agent
David Phan
Golden Valley Investment
List Price
$599,950
Sold Price
$580,000
Premium/Discount to List
-$19,950
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.06%

Purchase Details

Closed on
Mar 13, 2001
Sold by
Dover Terry D and Dover Beverly J
Bought by
Dover Terry D and Dover Beverly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
6.97%

Purchase Details

Closed on
Jun 18, 1996
Sold by
Stenulson Robert W
Bought by
Dover Terry D and Dover Beverly J

Purchase Details

Closed on
Nov 12, 1995
Sold by
House Anita C
Bought by
Dover Beverly and Dover Terry

Purchase Details

Closed on
Mar 9, 1994
Sold by
Stenulson Robert W
Bought by
Stenulson Robert W and House Anita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hua Trung T -- None Available
Hua Trung $680,000 Orange Coast Title Co Norcal
Luong My Diem Vu $580,000 North American Title Co Inc
Dover Terry D -- Orange Coast Title
Dover Terry D -- --
Dover Beverly $66,000 --
Stenulson Robert W $66,000 American Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dover Terry D $273,750
Previous Owner Stenulson Robert W $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2014 11/05/14 Sold $580,000 -3.3% $276 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $599,950 -- $286 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $11,369 $804,975 $627,409 $177,566
2024 $11,369 $789,192 $615,107 $174,085
2023 $11,143 $773,719 $603,047 $170,672
2022 $10,860 $758,549 $591,223 $167,326
2021 $10,500 $743,677 $579,631 $164,046
2020 $10,355 $736,052 $573,688 $162,364
2019 $10,090 $721,621 $562,440 $159,181
2018 $10,038 $707,472 $551,412 $156,060
2017 $10,106 $693,600 $540,600 $153,000
2016 $8,308 $588,590 $470,872 $117,718
2015 $8,341 $579,750 $463,800 $115,950
2014 $2,839 $154,719 $48,511 $106,208
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Donna Dring

    Bay East AOR

  • David Phan

    Buyer's Agent in 2014

    David Phan

    Golden Valley Investment

    (408) 250-9421

    7 Total Sales

    David Phan
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Map

Source: MLSListings

MLS Number: ML81426994

MLSListings

APN: 601-10-050

California Santa Clara County San Jose 95127 Alum Rock

32 Manning Ave, San Jose, CA

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