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

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
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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
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

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 $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

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81692787

MLSListings
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