NOT LISTED FOR SALE

487 Richlee Dr Campbell, CA 95008

4 Beds
2 Baths
1,620 Sq Ft
6,621 Sq Ft Lot

Last Sold July 15, 2015

Last sale price $952,000 $588 Per Sq Ft

11 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • 1-Story Property
  • Del Mar High School Rated A-

About This Home

As of July 2015

Charming duplex conveniently located near Hamilton and Bascom is close to everything! Not just well maintained and priced to sell, this duplex is located in a wonderful Campbell neighborhood. Amazing location features key commute options (17 & 280) as well as employment opportunities and shopping temptations. Your tenants will be thrilled to call this home! Units rented to long term tenants so you start earning a return on your investment from day one.

Last Agent to Sell the Property

Rebecca Foresee

Alain Pinel Realtors License #01914367 Listed on: 05/15/2015

Last Buyer's Agent

TJ Trolan

Compass License #01936128

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • 6,621 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $28,200

Community Details

Overview

  • 1,620 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $960
  • Insurance Expense $873
  • Utility Expense $1,620
  • Operating Expense $5,198
  • Gross Income $28,200

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Zoning: R-M
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1620
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Living Sq Ft: 1620
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 239

Lot Info

  • Lot Acres: 0.1520
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6600.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6600.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 34.22
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 873
  • Expense Landscape: 960
  • Expenses Total: 5198
  • Expenses Utility: 1620
  • Income Annual Gross: 28200.00
  • Income Annual Rental: 28200
  • Income Gross Scheduled: 28200
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Services - Gardener, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

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

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2015 07/15/15 Sold $952,000 -1.3% $588 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
05/15/2015 05/15/15 For Sale $965,000 -- $596 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2015

    Rebecca Foresee

    Alain Pinel Realtors

    Section Image

  • T

    Buyer's Agent in 2015

    TJ Trolan

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81465545

MLSListings
California Santa Clara County Campbell 95008

487 Richlee Dr, Campbell, CA

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