NOT LISTED FOR SALE
5 Beds
5 Baths
3,000 Sq Ft
6,111 Sq Ft Lot

Sale Details

Date Sold: August 8, 2018

Last sale price $1,368,000 $456 Per Sq Ft

15 Days on Market

Highlights

  • Traditional Architecture
  • Storage Room
  • Level Lot
  • Ceramic Countertops
  • Coin Laundry
  • 5-minute walk to Buena Vista Park

About This Home

As of August 2018

No rent control (unincorporated of San Jose). Below market rents can be raised to market. Clean 4-plex centrally located in the Burbank...near Santana Row, downtown San Jose, the proposed Google Village complex, the Rose Garden, the Caltrain Diridon station, and the future downtown BART station. There is an on-site laundry room and separate large storage room. There are three carport and three open parking spaces as well as a large deck over the carport. There are three, 1-bed/1-bath apartments and one, 2-bed/2-bath apartment.

Last Agent to Sell the Property

Michael Vick

Coldwell Banker Realty License #00922261 Listed on: 06/23/2018

Coldwell Banker Realty

Last Buyer's Agent

Michael Vick

Coldwell Banker Realty License #00922261 Listed on: 06/23/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 6,111 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Crawl Space
  • Security Lights

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Ceramic Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Assigned Parking

Utilities

  • Heating System Uses Gas
  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $63,720

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $750
  • Insurance Expense $1,656
  • Maintenance Expense $2,000
  • Other Expense $2,200
  • Utility Expense $2,679
  • Trash Expense $1,536
  • Operating Expense $30,922
  • Gross Income $64,327

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

6,111 Sq Ft Lot

Listing Details

  • Zoning: R1-N2
  • Subclass: Fourplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Ceramic, Countertop - Formica, Exhaust Fan, Oven - Electric, Oven Range, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 3000
  • Stories: 2
  • Security: Security Lights
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter And Slab, Crawl Space, Post And Pier
  • Roof: Flat / Low Pitch, Rolled Composition

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Assigned Spaces, Covered Parking
  • Carport Min: 3

Utilities

  • Heating System: Electric, Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1403
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6113.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6113.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 21.33
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1656
  • Expense Landscape: 750
  • Expense Maintenance: 2000
  • Expenses Other: 2200
  • Expenses Total: 30922
  • Expenses Utility: 2679
  • Expense Trash: 1536
  • Income Annual Gross: 64327.00
  • Income Annual Rental: 63720
  • Income Gross Scheduled: 65640
  • Income Includes: Laundry
  • Income Other: 1920
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Miscellaneous/Other, Reserve Fund, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 2

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

Closed on
Feb 5, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$991,000
Outstanding Balance
$864,098
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2018
Closed on
Aug 1, 2018
Sold by
Bought by
Seller's Agent
Michael Vick
Coldwell Banker Realty
Buyer's Agent
Michael Vick
Coldwell Banker Realty
List Price
$1,400,000
Sold Price
$1,368,000
Premium/Discount to List
-$32,000
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,026,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.27%
Mortgage Type
Commercial

Purchase Details

Closed on
May 21, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.27%
Mortgage Type
Commercial
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
-- Radian Settlement Services
$1,368,000 Cornerstone Title Co
-- Chicago Title Company
$980,000 Chicago Title Company
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 $991,000
Closed $1,026,000
Previous Owner $600,000
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
08/08/2018 08/08/18 Sold $1,368,000 -2.3% $456 / Sq Ft
07/09/2018 07/09/18 Pending -- -- --
06/23/2018 06/23/18 For Sale $1,400,000 -- $467 / 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 $24,092 $1,556,546 $1,024,044 $532,502
2025 $23,334 $1,526,026 $1,003,965 $522,061
2024 $23,334 $1,496,105 $984,280 $511,825
2023 $22,978 $1,466,771 $964,981 $501,790
2022 $22,927 $1,438,011 $946,060 $491,951
2021 $22,735 $1,409,815 $927,510 $482,305
2020 $22,443 $1,395,360 $918,000 $477,360
2019 $21,231 $1,368,000 $900,000 $468,000
2018 $10,201 $588,754 $374,522 $214,232
2017 $9,780 $577,211 $367,179 $210,032
2016 $9,168 $565,894 $359,980 $205,914
2015 $8,937 $347,460 $139,750 $207,710
2014 $5,954 $340,655 $137,013 $203,642
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81711698

MLSListings
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