NOT LISTED FOR SALE
9 Beds
8 Baths
4,093 Sq Ft
10,402 Sq Ft Lot

Sale Details

Date Sold: May 5, 2025

Last sale price $1,950,000 $476 Per Sq Ft

7 Days on Market

About This Home

As of May 2025

Built in 1979, 4996 Edgar Court offers many upgrades not found in other inventory in Silicon Valley. All units contain in-unit laundry, dishwashers and disposals, forced air heat and in-wall A/C, and fireplaces. The property boasts a large owners unit which is approximately 1,400 sq. ft. and has a private backyard. The other 3 units are large 2 bed 1.5 bath units ranging in size from 805-875 sq. ft. of which, the ground floor unit has a 950 sq. ft. private backyard. Tenants benefit from close proximity to Almaden Ranch and Almaden Plaza retail and restaurant options, recreation of Almaden Lake Park and Guadalupe Oak Grove Park, and is moments to transportation arteries of highways 85/280/101. The property is professionally managed and very well-maintained.

Last Agent to Sell the Property

Joel Hopman

Newmark Cornish & Carey License #01934574 Listed on: 03/18/2025

Co-Listed By

Steve Zirelli

Cornish & Carey Commercial License #01929245

Last Buyer's Agent

Joel Hopman

Newmark Cornish & Carey License #01934574 Listed on: 03/18/2025

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1979

Lot Details

  • 10,402 Sq Ft Lot

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,093 Sq Ft Home
  • 2-Story Property
  • Dishwasher
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • 4 Carport Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $117,456

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,500
  • Insurance Expense $4,093
  • Maintenance Expense $4,727
  • Other Expense $1,000
  • Utility Expense $5,386
  • Operating Expense $44,611
  • Gross Income $115,165

Property Details

Home Type

Multi-Family

Year Built

1979

Lot Details

10,402 Sq Ft Lot

Listing Details

  • Zoning: A-PD
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4093
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1979

Interior Features

  • Kitchen: Dishwasher
  • Living Sq Ft: 4093
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces
  • Carport Min: 4

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.2388
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10400.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Less Than 1 Yr
  • Gross Rent Multiplier: 17.06
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 4093
  • Expense Landscape: 1500
  • Expense Maintenance: 4727
  • Expenses Other: 1000
  • Expenses Total: 44611
  • Expenses Utility: 5386
  • Income Annual Gross: 115165.00
  • Income Annual Rental: 117456
  • Income Gross Scheduled: 118727
  • Income Includes: Lease
  • Income Other: 1271
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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

Listed on
Mar 18, 2025
Closed on
Apr 23, 2025
Sold by
Bought by
Seller's Agent
Joel Hopman
Newmark Cornish & Carey
Buyer's Agent
Joel Hopman
Newmark Cornish & Carey
List Price
$2,025,000
Sold Price
$1,950,000
Premium/Discount to List
-$75,000
-3.7%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,000
Outstanding Balance
$990,529
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1998
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
$210,000
Interest Rate
6.88%

Purchase Details

Closed on
Jul 22, 1998
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
$210,000
Interest Rate
6.88%

Purchase Details

Closed on
May 3, 1995
Sold by
Bought by

Purchase Details

Closed on
Apr 11, 1995
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
$1,950,000 First American Title
-- First American Title Guarant
$576,000 First American Title Guarant
-- --
-- --
-- --
-- --
-- --
-- --
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 $1,005,000
Previous Owner $210,000
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
05/05/2025 05/05/25 Sold $1,950,000 -3.7% $476 / Sq Ft
03/26/2025 03/26/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $2,025,000 -- $495 / 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 $15,674 $1,989,000 $1,428,000 $561,000
2025 $14,827 $902,987 $329,211 $573,776
2024 $14,827 $885,282 $322,756 $562,526
2023 $14,443 $867,925 $316,428 $551,497
2022 $14,273 $850,908 $310,224 $540,684
2021 $13,824 $834,225 $304,142 $530,083
2020 $13,329 $825,672 $301,024 $524,648
2019 $12,946 $809,483 $295,122 $514,361
2018 $12,755 $793,612 $289,336 $504,276
2017 $12,610 $778,052 $283,663 $494,389
2016 $12,337 $762,797 $278,101 $484,696
2015 $12,232 $751,340 $273,924 $477,416
2014 $10,461 $736,624 $268,559 $468,065
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81998352

MLSListings

APN: 569-01-066

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