NOT LISTED FOR SALE
7 Beds
4 Baths
2,194 Sq Ft
6,273 Sq Ft Lot

Last Sold December 30, 2016

Last sale price $960,000 $438 Per Sq Ft

359 Days on Market

Highlights

  • 1 Car Detached Garage
  • Heating Available
  • 1-minute walk to Parque De Los Pobladores
  • Guest Parking

About This Home

As of December 2016

Very nice / Well maintained Victorian Duplex located in the downtown area, Lot size: 6,534 SqFt. Only 3 blocks form SJSU and very short distance to restaurants, shopping, bus routes.... Property zoned for Commercial and Resident use. Per seller, it included 3 rental units with gross income of $58,000 / year. Lots of redevelopment happening nearby, it has great potential for investors, developers, builders and buyers with vision.

Last Agent to Sell the Property

Duke Le

California Investments License #01726788 Listed on: 06/12/2015

Last Buyer's Agent

Bob Johnston

Coldwell Banker Realty License #01228365

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 6,273

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • Guest Parking
  • Assigned Parking

Home Design

  • Duplex
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,194 Sq Ft Home
  • 2-Story Property

Additional Features

  • 6,273 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $54,600

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $625
  • Other Expense $300
  • Utility Expense $615
  • Trash Expense $720
  • Operating Expense $8,037
  • Gross Income $54,600

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Parking

1

Listing Details

  • Zoning: CG
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2194
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Living Sq Ft: 2194
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tile
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 6
  • Garage Parking Features: Assigned Spaces, Detached Garage, Drive Through, Guest / Visitor Parking
  • Carport Min: 1

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1440
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6534.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6534.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 28.72
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 625
  • Expenses Other: 300
  • Expenses Total: 8037
  • Expenses Utility: 615
  • Expense Trash: 720
  • Income Annual Gross: 54600.00
  • Income Annual Rental: 54600
  • Income Gross Scheduled: 54600
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
12/30/2016 12/30/16 Sold $960,000 -38.8% $438 / Sq Ft
06/05/2016 06/05/16 Pending -- -- --
06/12/2015 06/12/15 For Sale $1,568,000 -- $715 / 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 $19,757 $1,312,372 $1,093,645 $218,727
2024 $19,757 $1,286,640 $1,072,201 $214,439
2023 $19,298 $1,261,413 $1,051,178 $210,235
2022 $19,065 $1,236,680 $1,030,567 $206,113
2021 $17,458 $1,212,432 $1,010,360 $202,072
2020 $15,106 $1,040,400 $697,068 $343,332
2019 $14,722 $1,020,000 $683,400 $336,600
2018 $14,537 $1,000,000 $670,000 $330,000
2017 $14,154 $960,000 $630,000 $330,000
2016 $7,284 $395,288 $208,047 $187,241
2015 $7,214 $389,351 $204,922 $184,429
2014 $5,778 $381,725 $200,908 $180,817
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81470103

MLSListings

APN: 472-26-003