NOT LISTED FOR SALE

3445 Payne Ave San Jose, CA 95117

Castlemont Neighborhood
4 Beds
2 Baths
1,837 Sq Ft
6,656 Sq Ft Lot

Last Sold October 11, 2023

Last sale price $1,560,000 $849 Per Sq Ft

12 Days on Market

Highlights

  • Tandem Parking
  • Ceiling Fan
  • 1-Story Property
  • George C. Payne Elementary School Rated A-

About This Home

As of October 2023

Welcome to 3445-3447 Payne Avenue! This is a great investment opportunity! This Duplex offers a new roof, installed in 2022, and has been completely remodeled. Each unit has 2 Bedrooms, 1 Bath, designated parking spaces, and a separate fenced yard, ideal for entertaining family and friends. Their beautiful kitchens have quartz countertops and stainless-steel appliances. The luxury hardwood floors, and recessed lighting add the perfect blend of elegance and functionality. Both units are currently occupied. Close to Prospect High School, shopping centers, restaurants, the city of Campbell, Santana Row, Valley Fair, and Highways 17, 280, & 87. Dont miss out!

Last Agent to Sell the Property

Miriam Cruz

eXp Realty of Northern California, Inc. License #02133346 Listed on: 09/01/2023

eXp Realty of Northern California, Inc.

Last Buyer's Agent

Viviana Ines Gunter

eXp Realty of California Inc License #01768131

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 6,656 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,837 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space
  • Washer and Dryer Hookup

Parking

  • 2 Carport Spaces
  • Tandem Parking

Utilities

  • Wall Furnace
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $77,880

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,000
  • Operating Expense $13,000
  • Gross Income $77,880

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1837
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 1837
  • Stories: 1
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport, Tandem Parking
  • Carport Min: 2

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High
  • Elementary School: George C. Payne Elementary
  • Middle School: Moreland Middle
  • High School: Prospect High
  • High School: 241
  • Elementary School: 158
  • Middle School: 35652

Lot Info

  • Lot Acres: 0.1528
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6655.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6655.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 20.53
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Gas Meters, Public Utilities
  • Expense Insurance: 1000
  • Expenses Total: 13000
  • Income Annual Gross: 77880.00
  • Income Annual Rental: 77880
  • Income Gross Scheduled: 77880
  • Income Includes: Rents
  • Meters: Separate Other
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance
  • Tenant Expenses: Utilities - Electric, Utilities - Heating, Utilities - Water

Range of Values:

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Sold Price
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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
10/11/2023 10/11/23 Sold $1,560,000 -2.4% $849 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/01/2023 09/01/23 For Sale $1,599,000 +20.7% $870 / Sq Ft
05/13/2022 05/13/22 Sold $1,325,000 +6.1% $721 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $1,248,998 -- $680 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Miriam Cruz

    Seller's Agent in 2023

    Miriam Cruz

    eXp Realty of Northern California, Inc.

    (408) 374-9500

    1 in this area

    59 Total Sales

    Miriam Cruz
    Section Image
  • Viviana Ines Gunter

    Buyer's Agent in 2023

    Viviana Ines Gunter

    eXp Realty of California Inc

    (408) 234-9130

    1 in this area

    11 Total Sales

    Viviana Ines Gunter
    Section Image
  • Gary St Clair

    Buyer Co-Listing Agent in 2023

    Gary St Clair

    eXp Realty of California Inc

    (408) 386-6321

    1 in this area

    18 Total Sales

    Gary St Clair
    Section Image
  • Michaela Rousseau

    Seller's Agent in 2022

    Michaela Rousseau

    Keller Williams Thrive

    (408) 780-4811

    1 in this area

    26 Total Sales

    Michaela Rousseau
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81940347

MLSListings

APN: 299-04-002

California Santa Clara County San Jose 95117 Castlemont

3445 Payne Ave, San Jose, CA

This home is located at 3445 Payne Ave, San Jose, CA 95117 since 01 September 2023. This property was built in 1961. 3445 Payne Ave is a home located in Santa Clara County with nearby schools including George C. Payne Elementary School, Moreland Middle School, and Prospect High School.

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