NOT LISTED FOR SALE

Estimated Value: $1,246,000 - $1,422,674

5 Beds
4 Baths
2,064 Sq Ft
$664/Sq Ft Est. Value

Last Sold June 05, 2017

Last sale price $906,000 $439 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $8,508/month

16 Days on Market

Highlights

  • Tudor Architecture
  • Level Lot
  • Back Yard
  • Fenced
  • Carpet
  • 2-minute walk to Parque De Los Pobladores

About This Home

As of June 2017

VERY NICE LOCATION IN DOWNTOWN SAN JOSE NEAR SAN JOSE STATE UNIVERSITY... EACH UNIT HAS 2 BEDROOMS AND 1.5 BATHS (UNIT#a ONLY HAS 1 BATH ONLY)... IT IS A GREAT INVESTMENT AND GOOD INCOME ... PROPERTY LOCATED IN A BEAUTIFUL NEIGHBORHOOD OF DOWNTOWN NEAR SAN JOSE STATE UNIVERSITY - LARGE LOT WITH NICE PARKING SPACES.... THIS HOME HAS MANY NICE APARTMENT AND LARGE HISTORICAL HOMES NEARBY... HOUSE HAS LARGE PARKING SPACES IN BACK YARD...

Last Agent to Sell the Property

Thao Dang

Century 21 Real Estate Alliance Inc License #70013767 Listed on: 04/19/2017

Century 21 Real Estate Alliance Inc

Last Buyer's Agent

Brian Ng

Century 21 Real Estate Alliance Inc License #01348634

Century 21 Real Estate Alliance Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,254

Year Built

  • 1910

Lot Details

  • 6,882 Sq Ft Lot
  • Fenced
  • Level Lot
  • Back Yard

Home Design

  • Tudor Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,064 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Parking Spaces
  • Covered Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $36,000

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • Manager Expense $2,000
  • Trash Expense $600
  • Operating Expense $11,400
  • Gross Income $34,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,254

Year Built

1910

Lot Details

0

Listing Details

  • Zoning: R4
  • Subclass: Multiple Dwellings / Structures
  • Style: Tudor
  • Age: 107
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2064
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 2064
  • Stories: 2
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: Common Parking Area

Utilities

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

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1580
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6900.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 24.44
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 1200
  • Expense Maintenance: 1000
  • Expense Management: 2000
  • Expenses Total: 11400
  • Expense Trash: 600
  • Income Annual Gross: 34920.00
  • Income Annual Rental: 36000
  • Income Gross Scheduled: 36000
  • Meters: Master Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Professional Services, Fee - Property Management, Fee - Property Tax, Maintenance
  • Tenant Expenses: All Expenses
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Cohen Steven
Bought by
Mojmir Properties Llc
Current Estimated Value
$1,370,419

Purchase Details

Closed on
Oct 14, 2019
Sold by
Mojmir Properties Llc
Bought by
Cohen Steven

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 30, 2017
Sold by
Vu Family Assets 2 Llc
Bought by
Mojmir Properties Llc
Seller's Agent
Thao Dang
Century 21 Real Estate Alliance Inc
Buyer's Agent
Brian Ng
Century 21 Real Estate Alliance Inc
List Price
$880,000
Sold Price
$906,000
Premium/Discount to List
$26,000
2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$906,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 27, 2017
Sold by
Vu Son Ngoc
Bought by
Vu Family Assets 2 Llc

Purchase Details

Closed on
Aug 7, 2000
Sold by
Vu Son Ngoc
Bought by
Vu Tuyen Ngoc and Nguyen Tuyet Thi

Purchase Details

Closed on
Jan 13, 1994
Sold by
Vu Tuyen Ngoc and Nguyen Tuyet Thi
Bought by
Vu Tuyen Ngoc and Nguyen Tuyet Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.7%
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Mojmir Properties Llc -- None Listed On Document
Cohen Steven -- None Available
Mojmir Properties Llc $906,000 North American Title Co Inc
Vu Family Assets 2 Llc -- None Available
Vu Tuyen Ngoc -- --
Vu Tuyen Ngoc -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Steven $179,400
Previous Owner Cohen Steven $750,000
Previous Owner Mojmir Properties Llc $906,000
Previous Owner Mojmir Properties Llc $906,000
Previous Owner Vu Tuyen Ngoc $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2017 06/05/17 Sold $906,000 +3.0% $439 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $880,000 -- $426 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $15,254 $1,051,484 $696,348 $355,136
2024 $15,254 $1,030,868 $682,695 $348,173
2023 $14,955 $1,010,656 $669,309 $341,347
2022 $14,794 $990,840 $656,186 $334,654
2021 $14,398 $971,413 $643,320 $328,093
2020 $13,955 $961,453 $636,724 $324,729
2019 $13,677 $942,602 $624,240 $318,362
2018 $13,505 $924,120 $612,000 $312,120
2017 $4,796 $188,722 $77,201 $111,521
2016 $4,599 $185,023 $75,688 $109,335
2015 $4,542 $182,245 $74,552 $107,693
2014 $3,234 $178,676 $73,092 $105,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81647438

MLSListings

APN: 467-47-031