NOT LISTED FOR SALE
4 Beds
-- Bath
1,937 Sq Ft
6,534 Sq Ft Lot

Sale Details

Date Sold: July 10, 2014

Last sale price $1,230,000 $635 Per Sq Ft

16 Days on Market

Highlights

  • Wood Flooring
  • Dwight D. Eisenhower Elementary School Rated A-
  • 1-Story Property

About This Home

As of July 2014

Excellent investment opportunity in Cupertino School district. New roof, new exterior paint, and double pane windows. Vacant side has updated kitchen, remodeled bathroom, newly refinished hardwood floors, and new paint. Each side has their own fenced yard with patio, private one car garage, and laundry. Great location, close to shops and 280. Each unit is a 2 bedroom 1 bath.

Last Agent to Sell the Property

Michael Catalano

Real Estate Connections License #01824514 Listed on: 06/02/2014

Last Buyer's Agent

Jeff Peng

Maxreal License #01838364

Maxreal
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 6,534

Parking

  • Private Parking

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,937 Sq Ft Home
  • 1-Story Property
  • Laundry in Garage

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $43,200
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Overview

  • 1,937 Sq Ft Building

Building Details

  • Gardener Expense $900
  • Insurance Expense $1,000
  • Manager Expense $3,456
  • Operating Expense $8,507
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Inspections Reports: Fault Zone, Pest Control, Flood Zone
  • Sale Price Per Sq Ft: 635.00
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Kitchen: Refrigerator
  • Living Sq Ft: 1937
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Carpet - Wall To Wall, Hardwood, Vinyl / Linoleum

Exterior Features

  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

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

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6666.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6666.00
  • Lot Size Area Min Search: 6666.00
  • Maximum Lot Size: 6666.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 23.10

Multi Family

  • Expense Insurance: 1000
  • Expense Landscape: 900
  • Expense Management: 3456
  • Expenses Total: 8507
  • Expense Water Sewer: 1920
  • Income Annual Gross: 43200.00
  • Income Annual Rental: 43200
  • Income Gross Scheduled: 43200
  • Income Includes: Lease
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Management, Fee - Property Tax
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Electric

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
Jun 2, 2014
Closed on
Jun 30, 2014
Sold by
Bought by
Seller's Agent
Michael Catalano
Real Estate Connections
Buyer's Agent
Jeff Peng
Maxreal
List Price
$998,000
Sold Price
$1,230,000
Premium/Discount to List
$232,000
23.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$540,349
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 27, 2013
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
$255,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2013
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
$255,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 1997
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
$20,000
Interest Rate
7.61%
Mortgage Type
Credit Line Revolving
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,230,000 Chicago Title Company
-- Stewart Title Of California
$255,000 Stewart Title Of California
-- Old Republic 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 $760,000
Previous Owner $255,000
Previous Owner $20,000
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
07/10/2014 07/10/14 Sold $1,230,000 +23.2% $635 / Sq Ft
06/18/2014 06/18/14 Pending -- -- --
06/02/2014 06/02/14 For Sale $998,000 -- $515 / 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 $17,106 $1,446,538 $956,187 $490,351
2025 $16,252 $1,418,176 $937,439 $480,737
2024 $16,252 $1,390,369 $919,058 $471,311
2023 $16,134 $1,363,108 $901,038 $462,070
2022 $16,047 $1,336,381 $883,371 $453,010
2021 $15,815 $1,310,178 $866,050 $444,128
2020 $15,635 $1,296,745 $857,170 $439,575
2019 $15,288 $1,271,319 $840,363 $430,956
2018 $14,934 $1,246,392 $823,886 $422,506
2017 $14,875 $1,221,954 $807,732 $414,222
2016 $14,419 $1,197,995 $791,895 $406,100
2015 $14,337 $1,180,000 $780,000 $400,000
2014 -- $74,026 $29,947 $44,079
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81419396

MLSListings

APN: 296-18-027

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