NOT LISTED FOR SALE

40 Rustic St Hollister, CA 95023

Hollister Area

Estimated Value: $722,000 - $792,000

6 Beds
4 Baths
2,413 Sq Ft
$314/Sq Ft Est. Value

Sale Details

Date Sold: February 15, 2018

Last sale price $562,000 $233 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,784 / mo

8 Days on Market

Highlights

  • Victorian Architecture
  • Forced Air Heating System
  • 1-Story Property
  • Tile Flooring
  • Washer and Dryer
  • 4-minute walk to McCarthy Street Park

About This Home

As of February 2018

Excellent opportunity to own a high income producing home in Hollister. This classic Victorian home is one of the historical beauties Hollister has to offer. With early 1900's architecture the attention to detail on the exterior is something that can not be replicated with the modern homes of today. This property contains 2 units with 3 bedrooms and 2 bathrooms per side as well as individual washer and dryer hook ups. The kitchens each include tile floors and granite looking countertops. This property can also be opened up to one large 6 bedroom unit as well if desired. Do not miss out on this great chance to buy a high income producing property located just minutes away from Silicon Valley!

Last Agent to Sell the Property

Michael Kenyon

KW Bay Area Estates License #01942685 Listed on: 11/08/2017

KW Bay Area Estates

Last Buyer's Agent

Adriana Leon

Windermere Valley Properties License #01751706

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Victorian Architecture
  • Composition Roof

Interior Spaces

  • 2,413 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer

Flooring

  • Carpet
  • Tile

Utilities

  • Forced Air Heating System
  • Propane

Listing and Financial Details

  • Total Actual Rent $52,800

Community Details

Overview

Building Details

  • Insurance Expense $900
  • Maintenance Expense $1,000
  • Utility Expense $5,700
  • Operating Expense $13,600
  • Gross Income $52,800

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Zoning: AP
  • Subclass: Duplex
  • Style: Victorian
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2413
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 2413
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: On Street

Utilities

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

Lot Info

  • Lot Acres: 0.1600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7000.00

Rental Info

  • Existing Lease Term(s): Building Vacant
  • Gross Rent Multiplier: 11.34

Multi Family

  • Utilities: Propane On Site
  • Expense Insurance: 900
  • Expense Maintenance: 1000
  • Expenses Total: 13600
  • Expenses Utility: 5700
  • Income Annual Gross: 52800.00
  • Income Annual Rental: 52800
  • Income Gross Scheduled: 52800
  • Income Includes: Lease
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Electric, Utilities - Gas, Utilities - Water

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
Nov 8, 2017
Closed on
Feb 7, 2018
Sold by
Bought by
Seller's Agent
Michael Kenyon
KW Bay Area Estates
Buyer's Agent
Adriana Leon
Windermere Valley Properties
List Price
$599,000
Sold Price
$562,000
Premium/Discount to List
-$37,000
-6.18%
Current Estimated Value
$757,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,861
Avg. Annual Appreciation
3.62%
Original Mortgage
$551,820
Interest Rate
0.044%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2015
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2009
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
$229,837
Interest Rate
0.0525%
Mortgage Type
VA

Purchase Details

Closed on
Sep 8, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2008
Sold by
Bought by

Purchase Details

Closed on
Aug 29, 2005
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
$125,000
Interest Rate
0.0555%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 8, 2005
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
$125,000
Interest Rate
0.0555%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 11, 2003
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
$292,000
Interest Rate
0.0599%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2003
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
$292,000
Interest Rate
0.0599%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2002
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
$304,000
Interest Rate
0.0708%

Purchase Details

Closed on
Aug 26, 1999
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
$184,500
Interest Rate
0.0756%

Purchase Details

Closed on
Jul 28, 1999
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
$184,500
Interest Rate
0.0756%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$562,000 Chicago Title Co
-- None Available
$225,000 First American Title Company
$280,000 None Available
$212,336 None Available
$186,500 --
$625,000 Chicago Title Co
$365,000 Stewart Title Of Ca Inc
-- Stewart Title Of Ca Inc
-- Fidelity National Title Co
-- San Benito Land Title Corp
-- San Benito Land Title Corp
-- San Benito Land Title Corp
$73,000 San Benito Land Title Corp
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 $527,503
Closed $534,380
Closed $551,820
Previous Owner $239,518
Previous Owner $233,267
Previous Owner $229,837
Previous Owner $125,000
Previous Owner $500,000
Previous Owner $92,000
Previous Owner $292,000
Previous Owner $304,000
Previous Owner $264,000
Previous Owner $184,500
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
02/15/2018 02/15/18 Sold $562,000 -6.2% $233 / Sq Ft
11/17/2017 11/17/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $599,000 -- $248 / 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
2025 $8,286 $689,071 $227,563 $461,508
2023 $8,286 $614,624 $218,727 $395,897
2022 $7,464 $602,574 $214,439 $388,135
2021 $7,362 $590,760 $210,235 $380,525
2020 $7,394 $584,704 $208,080 $376,624
2019 $7,082 $573,240 $204,000 $369,240
2018 $3,123 $255,249 $96,426 $158,823
2017 $6,334 $250,245 $94,536 $155,709
2016 $2,895 $245,339 $92,683 $152,656
2015 $2,866 $241,654 $91,291 $150,363
2014 $2,695 $236,921 $89,503 $147,418
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2018

    Michael Kenyon

    KW Bay Area Estates

    Section Image

  • A

    Buyer's Agent in 2018

    Adriana Leon

    Windermere Valley Properties

See All Agents

Map

Source: MLSListings

MLS Number: ML81684237

MLSListings

APN: 051-030-013-000

California San Benito County Hollister 95023

40 Rustic St, Hollister, CA

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