NOT LISTED FOR SALE

423 E 8th St Gilroy, CA 95020

10 Beds
6 Baths
4,019 Sq Ft
0.28 Acre Lot

Sale Details

Date Sold: January 5, 2015

Last sale price $840,000 $209 Per Sq Ft

3 Days on Market

Highlights

  • 4 Car Detached Garage
  • Wall Furnace
  • 4-minute walk to Forest Street Park
  • Carpet

About This Home

As of January 2015

THIS 4 PLEX IS AN INVESTORS DREAM. LONG TERM TENANTS AND NO NEIGHBORHOOD DISTURBANCES

Last Agent to Sell the Property

Mary Surber

Coldwell Banker Realty License #01755903 Listed on: 12/11/2014

Coldwell Banker Realty

Last Buyer's Agent

Gabriel Reyes

Intero Real Estate Services License #00911855

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1993

Lot Details

  • 0.28

Parking

  • 4 Car Detached Garage
  • Off-Street Parking

Home Design

  • Quadruplex
  • Slab Foundation
  • Shake Roof

Interior Spaces

  • 4,019 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $64,800

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,812
  • Insurance Expense $2,505
  • Maintenance Expense $157
  • Manager Expense $3,888
  • Utility Expense $726
  • Trash Expense $257
  • Operating Expense $19,287
  • Gross Income $66,000

Property Details

Home Type

Multi-Family

Year Built

1993

Lot Details

0.28 Acres

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4019
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1993

Interior Features

  • Living Sq Ft: 4019
  • Stories: 2
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shake

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Common Parking Area, Detached Garage, Off-Street Parking

Utilities

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

Lot Info

  • Lot Description: Regular
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12197.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12197.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 12.88
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2505
  • Expense Landscape: 1812
  • Expense Maintenance: 157
  • Expense Management: 3888
  • Expenses Total: 19287
  • Expenses Utility: 726
  • Expense Trash: 257
  • Income Annual Gross: 66000.00
  • Income Annual Rental: 64800
  • Income Gross Scheduled: 66000
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 1200
  • Meters: Master Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Loan - Mortgage, Maintenance, Maintenance - Repair, Services - Gardener, Services - Trash Removal
  • Tenant Expenses: Utilities - Water
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
01/05/2015 01/05/15 Sold $840,000 -1.2% $209 / Sq Ft
12/14/2014 12/14/14 Pending -- -- --
12/11/2014 12/11/14 For Sale $849,999 -- $211 / 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 $12,299 $1,009,547 $480,737 $528,810
2024 $12,299 $989,753 $471,311 $518,442
2023 $12,228 $970,347 $462,070 $508,277
2022 $12,350 $951,321 $453,010 $498,311
2021 $11,978 $932,669 $444,128 $488,541
2020 $11,848 $923,107 $439,575 $483,532
2019 $11,738 $905,007 $430,956 $474,051
2018 $10,961 $887,262 $422,506 $464,756
2017 $11,194 $869,866 $414,222 $455,644
2016 $10,977 $852,810 $406,100 $446,710
2015 $11,434 $928,651 $354,898 $573,753
2014 $9,943 $795,000 $295,000 $500,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81444603

MLSListings

APN: 841-11-067

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