NOT LISTED FOR SALE
6 Beds
4 Baths
2,183 Sq Ft
10,289 Sq Ft Lot

Last Sold August 30, 2020

Last sale price $1,350,000 $618 Per Sq Ft

84 Days on Market

Highlights

  • Granite Countertops
  • 3 Car Attached Garage
  • Forced Air Heating System
  • Pioneer High School Rated A
  • Double Pane Windows
  • Fenced

About This Home

As of August 2020

Rare opportunity to purchase a great income producing duplex in the Cambrian area. Two units with three bedroom and two bathrooms each. Both units have garages, private entrances, and big backyards. This units have an excellent rental history. Excellent opportunity to live in one and rent the other, or rent both. Close proximity to shopping and restaurants; nearby is Walmart, Best Buy, Bass Pro, Costco, Safeway, Trader Joes and much, much more. Also a great commute location with quick access to 85/87 and Almaden Expressway.

Last Agent to Sell the Property

Tim Bowers

Bailey Properties License #01796536 Listed on: 05/02/2020

Last Buyer's Agent

Ling Wang

Intero Real Estate Services License #01902180

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Lot Details

  • 10,289 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 3 Car Attached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,183 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Laminate Countertops
  • Disposal

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $70,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $840
  • Insurance Expense $950
  • Maintenance Expense $500
  • Manager Expense $5,664
  • Operating Expense $15,742
  • Gross Income $70,800

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

10,289 Sq Ft Lot

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2183
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Granite, Countertop - Laminate, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Oven - Electric, Oven Range
  • Living Sq Ft: 2183
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Schools

  • High School: 348

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.2362
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10290.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10290.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.77
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 950
  • Expense Landscape: 840
  • Expense Maintenance: 500
  • Expense Management: 5664
  • Expenses Total: 15742
  • Income Annual Gross: 70800.00
  • Income Annual Rental: 70800
  • Income Gross Scheduled: 70800
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Gardener, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, 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

Date Event Price List to Sale Price per Sq Ft
08/30/2020 08/30/20 Sold $1,350,000 -3.6% $618 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $1,400,000 +3.7% $641 / Sq Ft
07/06/2020 07/06/20 Off Market $1,350,000 -- --
05/02/2020 05/02/20 For Sale $1,400,000 -- $641 / Sq Ft
Source: MLSListings

Tax History

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 $18,875 $1,461,282 $1,082,432 $378,850
2024 $18,875 $1,432,630 $1,061,208 $371,422
2023 $18,875 $1,404,540 $1,040,400 $364,140
2022 $18,340 $1,377,000 $1,020,000 $357,000
2021 $17,954 $1,350,000 $1,000,000 $350,000
2020 $6,680 $405,212 $141,012 $264,200
2019 $6,492 $397,268 $138,248 $259,020
2018 $6,395 $389,480 $135,538 $253,942
2017 $6,323 $381,844 $132,881 $248,963
2016 $6,144 $374,358 $130,276 $244,082
2015 $7,775 $368,736 $128,320 $240,416
2014 -- $361,514 $125,807 $235,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81791095

MLSListings

APN: 569-01-060

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