NOT LISTED FOR SALE

49 E Rincon Ave Campbell, CA 95008

Downtown Campbell Neighborhood

Estimated Value: $1,852,000 - $2,093,000

4 Beds
2 Baths
1,716 Sq Ft
$1,160/Sq Ft Est. Value

Last Sold January 21, 2021

Last sale price $1,400,000 $816 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $12,036/month

9 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • 1-minute walk to Joseph Gomes Park

About This Home

As of January 2021

Excellent Campbell location on a large lot 2 blocks from downtown Campbell. Both units have been remodeled and both units consist of 2 bedrooms, 1 full bath, a living and dining room combination layout with interior laundry. Additional amenities include hardwood floors and individual gas and water meters for each unit. 2 car detached garage with dividing wall for each unit along with additional parking areas. This property allows the Buyer to take advantage the close proximity to downtown Campbell, The Pruneyard, and all major roadways.

Last Agent to Sell the Property

Rob Mibach

Intero Real Estate Services License #01318177 Listed on: 12/07/2020

Intero Real Estate Services

Last Buyer's Agent

Angela Langone

Redfin License #01743542

Redfin

Property Details

Home Type

  • Multi-Family

Year Built

  • 1951

Lot Details

  • 9,108

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,716 Sq Ft Home
  • 1-Story Property

Additional Features

  • 9,108 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $66,900

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gross Income $66,900

Property Details

Home Type

Multi-Family

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Zoning: P-D
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1716
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1951

Interior Features

  • Living Sq Ft: 1716
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Common Parking Area, Detached Garage

Utilities

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

Lot Info

  • Lot Acres: 0.2091
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9110.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9110.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 20.93
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 66900.00
  • Income Annual Rental: 66900
  • Income Gross Scheduled: 66900
  • Meters: Master Gas, Master Water
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2020
Closed on
Jan 19, 2021
Sold by
Lam Emily
Bought by
Lam Douglas
Seller's Agent
Rob Mibach
Intero Real Estate Services
Buyer's Agent
Angela Langone
Redfin
List Price
$1,400,000
Sold Price
$1,400,000
Current Estimated Value
$1,990,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,295
Avg. Annual Appreciation
7.40%
Original Mortgage
$997,500
Outstanding Balance
$888,232
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,102,063

Purchase Details

Listed on
Dec 7, 2020
Closed on
Dec 18, 2020
Sold by
Grimes Stephen
Bought by
Lam Douglas and Klobnock Andrew
Seller's Agent
Rob Mibach
Intero Real Estate Services
Buyer's Agent
Angela Langone
Redfin
List Price
$1,400,000
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Outstanding Balance
$888,232
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$1,102,063

Purchase Details

Listed on
Apr 24, 2015
Closed on
May 29, 2015
Sold by
Dodds Donna and The Shirley Elaine Underwood R
Bought by
Grimes Stephen
Seller's Agent
Bill Lister
Coldwell Banker Realty
Buyer's Agent
Rob Mibach
Intero Real Estate Services
List Price
$1,089,000
Sold Price
$1,050,000
Premium/Discount to List
-$39,000
-3.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
Dec 28, 2006
Sold by
Underwood Shirley Elaine
Bought by
Underwood Shirley Elaine and The Shirley Elaine Underwood R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Lam Douglas -- Chicago Title Company
Klobnock Andrew -- Chicago Title Company
Lam Douglas $1,400,000 Chicago Title Company
Grimes Stephen $1,050,000 Cornerstone Title Company
Underwood Shirley Elaine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Douglas $997,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2021 01/21/21 Sold $1,400,000 0.0% $816 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/07/2020 12/07/20 For Sale $1,400,000 +33.3% $816 / Sq Ft
06/05/2015 06/05/15 Sold $1,050,000 -3.6% $612 / Sq Ft View Prior Sale
05/11/2015 05/11/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $1,089,000 -- $635 / 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 $19,294 $1,515,403 $1,212,323 $303,080
2024 $19,294 $1,485,690 $1,188,552 $297,138
2023 $19,029 $1,456,560 $1,165,248 $291,312
2022 $18,901 $1,428,000 $1,142,400 $285,600
2021 $15,672 $1,165,834 $882,705 $283,129
2020 $15,238 $1,153,880 $873,654 $280,226
2019 $14,998 $1,131,256 $856,524 $274,732
2018 $14,512 $1,109,076 $839,730 $269,346
2017 $14,284 $1,087,330 $823,265 $264,065
2016 $13,430 $1,066,011 $807,123 $258,888
2015 $3,491 $208,191 $72,889 $135,302
2014 -- $204,114 $71,462 $132,652
Source: Public Records

Agents Affiliated with this Home

  • Rob Mibach

    Seller's Agent in 2021

    Rob Mibach

    Intero Real Estate Services

    (650) 947-4767

    1 in this area

    45 Total Sales

    Rob Mibach
    Section Image

  • A

    Buyer's Agent in 2021

    Angela Langone

    Redfin

    Section Image
  • Bill Lister

    Seller's Agent in 2015

    Bill Lister

    Coldwell Banker Realty

    (408) 892-9300

    2 in this area

    183 Total Sales

    Bill Lister
    Section Image
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Map

Source: MLSListings

MLS Number: ML81822555

MLSListings

APN: 412-05-046

California Santa Clara County Campbell 95008 Downtown Campbell

49 E Rincon Ave, Campbell, CA

Not Listed for Sale

MultiFamily

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