NOT LISTED FOR SALE
4 Beds
2 Baths
1,320 Sq Ft
5,968 Sq Ft Lot

Sale Details

Date Sold: April 13, 2018

Last sale price $1,248,000 $945 Per Sq Ft

5 Days on Market

Highlights

  • 1 Car Attached Garage
  • Tile Countertops
  • Carpet
  • Double Pane Windows
  • Fenced
  • Back Yard

About This Home

As of April 2018

Desirable multi unit in a neighborhood of single family homes tucked away off Stevens Creek, close to Santana Row, Valley Fair. Great income property with zero vacancies. Each unit of 2 bedroom/1 bathroom also has its own large one car garage attached with laundry hook ups inside.No sign on property.

Last Agent to Sell the Property

Gina Marciano

Coldwell Banker Realty License #01156361 Listed on: 02/16/2018

Coldwell Banker Realty

Last Buyer's Agent

Chaochin Lu

Lynbrook Investment License #01447622

Lynbrook Investment
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • 5,968 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $50,760

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $800
  • Trash Expense $720
  • Operating Expense $10,645
  • Gross Income $50,760

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

5,968 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1320
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Kitchen: Countertop - Tile, Oven Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1320
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto, Sprinklers - Lawn

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • High School: 239

Lot Info

  • Lot Acres: 0.1370
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5968.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5968.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 25.61
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 800
  • Expenses Total: 10645
  • Expense Trash: 720
  • Income Annual Gross: 50760.00
  • Income Annual Rental: 50760
  • Income Gross Scheduled: 50760
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal
  • Tenant Expenses: Services - Gardener/Landscaping, Utilities - Electric, Utilities - Gas, Utilities - Heating, 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

Closed on
Jul 20, 2019
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
$738,600
Outstanding Balance
$634,408
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2018
Closed on
Apr 11, 2018
Sold by
Bought by
Seller's Agent
Gina Marciano
Coldwell Banker Realty
Buyer's Agent
Chaochin Lu
Lynbrook Investment
List Price
$1,300,000
Sold Price
$1,248,000
Premium/Discount to List
-$52,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,800
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2018
Closed on
Apr 10, 2018
Sold by
Bought by
Seller's Agent
Gina Marciano
Coldwell Banker Realty
Buyer's Agent
Chaochin Lu
Lynbrook Investment
List Price
$1,300,000
Sold Price
$1,248,000
Premium/Discount to List
-$52,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$784,800
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 8, 2013
Sold by
Bought by

Purchase Details

Closed on
Jun 20, 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
$67,000
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 13, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Nationallink
-- None Available
$1,248,000 Chicago Title Co
$748,000 Chicago Title Company
-- Chicago Title Company
$670,000 Stewart Title Of California
-- --
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 $738,600
Closed $784,800
Previous Owner $67,000
Previous Owner $536,000
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
04/13/2018 04/13/18 Sold $1,248,000 -4.0% $945 / Sq Ft
02/22/2018 02/22/18 Pending -- -- --
02/16/2018 02/16/18 For Sale $1,300,000 -- $985 / 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
2026 $19,777 $1,448,406 $1,256,912 $191,494
2025 $19,125 $1,420,007 $1,232,267 $187,740
2024 $19,125 $1,392,164 $1,208,105 $184,059
2023 $18,768 $1,364,867 $1,184,417 $180,450
2022 $18,595 $1,338,106 $1,161,194 $176,912
2021 $18,228 $1,311,870 $1,138,426 $173,444
2020 $17,719 $1,298,419 $1,126,753 $171,666
2019 $17,483 $1,272,960 $1,104,660 $168,300
2018 $11,634 $805,870 $538,684 $267,186
2017 $11,478 $790,070 $528,122 $261,948
2016 $10,847 $774,579 $517,767 $256,812
2015 $10,700 $762,945 $509,990 $252,955
2014 $7,465 $569,000 $429,900 $139,100
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81692787

MLSListings
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