NOT LISTED FOR SALE
8 Beds
5 Baths
3,492 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: February 9, 2016

Last sale price $1,500,000 $430 Per Sq Ft

55 Days on Market

Highlights

  • 1 Car Attached Garage
  • Leigh High School Rated A
  • Forced Air Heating System

About This Home

As of February 2016

3789 Starview Drive is a four-unit apartment building located in the single family neighborhood of Cambrian Park in San Jose, California. The property consists of 1 3Bd/2bth unit, 2 2bd/1bth units and 1 1Bd/1bth unit. Three of the four units have be updated with granite countertops, replacement of sinks and cabinets, updated doors and new flooring. Exterior renovations include fresh paint, double-pane windows and new railings for the top floor private balconies. *Financials based on proforma numbers

Last Agent to Sell the Property

Adam Levin

Marcus & Millichap License #01462752 Listed on: 10/13/2015

Last Buyer's Agent

Donald Teague

RE/MAX Properties West License #00678991

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,970

Parking

  • 1 Car Attached Garage
  • 3 Carport Spaces

Home Design

  • 3,492 Sq Ft Home
  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $118,140
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $1,128
  • Maintenance Expense $2,000
  • Other Expense $1,200
  • Utility Expense $7,200
  • Operating Expense $30,755
  • Gross Income $115,735

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

6,970 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3492
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3492

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, Carport
  • Carport Min: 3

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7742.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7742.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 12.57
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1128
  • Expense Maintenance: 2000
  • Expenses Other: 1200
  • Expenses Total: 30755
  • Expenses Utility: 7200
  • Income Annual Gross: 115735.00
  • Income Annual Rental: 118140
  • Income Gross Scheduled: 119314
  • Income Includes: Laundry, Rents
  • Income Other: 1174
  • Meters: Master Water, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Miscellaneous/Other, Reserve Fund
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Vacancy Factor: 3

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
Oct 28, 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
$1,202,000
Outstanding Balance
$1,074,479
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2015
Closed on
Mar 1, 2016
Sold by
Bought by
Seller's Agent
Adam Levin
Marcus & Millichap
Buyer's Agent
Donald Teague
RE/MAX Properties West
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2015
Closed on
Jan 27, 2016
Sold by
Bought by
Seller's Agent
Adam Levin
Marcus & Millichap
Buyer's Agent
Donald Teague
RE/MAX Properties West
List Price
$1,500,000
Sold Price
$1,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2007
Sold by
Bought by
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
-- Fidelity National Title Co
-- Old Republic Title Company
$1,500,000 First American Title Company
$911,000 First American Title Company
-- First American 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 $1,202,000
Closed $801,950
Closed $1,000,000
Previous Owner $218,000
Previous Owner $223,000
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
02/09/2016 02/09/16 Sold $1,500,000 0.0% $430 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $1,500,000 -- $430 / 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 $23,519 $1,811,202 $1,207,469 $603,733
2025 $23,091 $1,775,690 $1,183,794 $591,896
2024 $23,091 $1,740,874 $1,160,583 $580,291
2023 $22,935 $1,706,740 $1,137,827 $568,913
2022 $22,550 $1,673,275 $1,115,517 $557,758
2021 $22,146 $1,640,467 $1,093,645 $546,822
2020 $21,254 $1,623,648 $1,082,432 $541,216
2019 $21,044 $1,591,812 $1,061,208 $530,604
2018 $20,483 $1,560,600 $1,040,400 $520,200
2017 $20,179 $1,530,000 $1,020,000 $510,000
2016 $13,744 $1,031,040 $792,238 $238,802
2015 $13,554 $1,015,553 $780,338 $235,215
2014 $13,143 $995,661 $765,053 $230,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81518611

MLSListings

APN: 421-01-106

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