NOT LISTED FOR SALE
4 Beds
2 Baths
1,692 Sq Ft
8,311 Sq Ft Lot

Sale Details

Date Sold: April 25, 2019

Last sale price $1,150,000 $680 Per Sq Ft

5 Days on Market

Highlights

  • 1-Story Property
  • William Burnett Elementary School Rated A
  • 4-minute walk to Cardoza Park

About This Home

As of April 2019

Great opportunity to own a duplex in Milpitas....one of the fastest growing cities in Silicon Valley....very nice established neighborhood.....near church/single family homes!! Units have been owned by current owner since 1976 and very well maintained! 2 bd 1 ba units each, with enclosed garages...Both bathrooms and kitchens recently remodeled, newer updated carpets! New wall furnace in back unit...both units have private backyards...the back unit has a huge backyard!!!! Yards on sprinklers with timers....

Last Agent to Sell the Property

Debra Giordano

Master Brokers License #00705857 Listed on: 04/02/2019

Last Buyer's Agent

Ruby Khanzada

Legacy Real Estate & Assoc. License #01202717

Legacy Real Estate & Assoc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1972

Lot Details

  • 8,311

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,692 Sq Ft Home
  • 1-Story Property

Additional Features

  • 8,311 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $58,800

Community Details

Overview

  • 1,692 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $500
  • Insurance Expense $2,000
  • Maintenance Expense $2,000
  • Utility Expense $4,000
  • Operating Expense $16,500
  • Gross Income $55,860

Property Details

Home Type

Multi-Family

Year Built

1972

Lot Details

8,311 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: R2S
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1692
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Living Sq Ft: 1692
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Parking Features: Parking Area

Utilities

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

Lot Info

  • Lot Acres: 0.1908
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8310.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8310.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.41
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2000
  • Expense Landscape: 500
  • Expense Maintenance: 2000
  • Expenses Total: 16500
  • Expenses Utility: 4000
  • Income Annual Gross: 55860.00
  • Income Annual Rental: 58800
  • Income Gross Scheduled: 58800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Maintenance, Utilities - Water
  • Tenant Expenses: Rent Only
  • Vacancy Factor: 5

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
Apr 2, 2019
Closed on
Apr 23, 2019
Sold by
Bought by
Seller's Agent
Debra Giordano
Master Brokers
Buyer's Agent
Ruby Khanzada
Legacy Real Estate & Assoc.
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%

Purchase Details

Closed on
May 12, 2003
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,150,000 Chicago Title Company
-- --
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
04/25/2019 04/25/19 Sold $1,150,000 -4.2% $680 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $1,200,000 -- $709 / 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
2025 $14,633 $1,282,841 $1,003,965 $278,876
2024 $14,633 $1,257,688 $984,280 $273,408
2023 $14,589 $1,233,029 $964,981 $268,048
2022 $14,528 $1,208,853 $946,060 $262,793
2021 $14,318 $1,185,151 $927,510 $257,641
2020 $14,068 $1,173,000 $918,000 $255,000
2019 $1,510 $105,368 $26,277 $79,091
2018 $1,443 $103,303 $25,762 $77,541
2017 $1,426 $101,278 $25,257 $76,021
2016 $1,365 $99,293 $24,762 $74,531
2015 $1,352 $97,803 $24,391 $73,412
2014 $1,300 $95,888 $23,914 $71,974
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81745093

MLSListings

APN: 029-10-007

Your Personal Tour Guide

Ask me questions while you tour the home.