Kelley Solberg
KW Bay Area Estates
(669) 238-2350
92 Total Sales
1 in Milpitas
$625,000 Price
545 Penitencia St Milpitas, CA 95035
Milpitas Area
8
Beds
4
Baths
3,699
Sq Ft
8,760
Sq Ft Lot
About This Home
As of May 2023The Saiz Group of Compass Commercial is pleased to present 545 Penitencia Street for sale. The subject property presents the opportunity to acquire a value-add multi-family asset within one of Silicon Valley's most desirable cities, Milpitas. Through facade and unit renovations, rents and net operating income can be improved leading to solid equity growth and long term capital preservation. Milpitas' excellent Silicon Valley location, strong long-term economic fundamentals, great schools and quality of life all point too long term demand for Milpitas as a place to call home. With the median household income estimated at $149,312 [1] and the median gross rent of $2,762 [1], 545 Penitencia Street offers an outstanding investment opportunity. [1] https://www.census.gov/quickfacts/milpitascitycalifornia
Last Agent to Sell the Property
Chris Saiz
Compass License #01850380 Listed on: 04/03/2023
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Property Details
Home Type
- Multi-Family
Year Built
- 1972
Lot Details
- 8,760 Sq Ft Lot
Home Design
- Quadruplex
- Shingle Roof
Interior Spaces
- 3,699 Sq Ft Home
- 2-Story Property
- Crawl Space
Parking
- 2 Parking Spaces
- 4 Carport Spaces
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
Community Details
Overview
Building Details
- 4 Leased Units
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Milpitas, CA
-
Kelley Solberg
-
Ayelet Gingold
Ayelet Gingold
Agam Real Estate
(669) 202-4727
90 Total Sales
1 in Milpitas
$1,618,000 Price
-
Brenda Avilla-Kintz
Brenda Avilla-Kintz
Realty ONE Group American
(669) 236-3614
43 Total Sales
1 in Milpitas
$1,435,000 Price
-
Alana George
Alana George
Intero Real Estate Services
(650) 668-4213
41 Total Sales
2 in Milpitas
$808K - $810K Price Range
-
Olympia Pistalu
Olympia Pistalu
Compass
(669) 900-5972
31 Total Sales
1 in Milpitas
$1,490,000 Price
-
Varsha Upadhye
Varsha Upadhye
Coldwell Banker Realty
(925) 396-5506
51 Total Sales
4 in Milpitas
$1.2M - $1.4M Price Range
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 |
|---|---|---|---|
| $566,500 | None Listed On Document | ||
| Tong Ann | -- | First American Title | |
| Tran Quan D | $1,635,000 | First American Title |
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 | $1,039,000 | ||
| Previous Owner | Tran Quan D | $1,050,000 | |
| Previous Owner | -- | $1,072,500 |
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 |
|---|---|---|---|---|
| 05/05/2023 05/05/23 | Sold | $1,635,000 | -3.8% | $442 / Sq Ft |
| 04/13/2023 04/13/23 | Pending | -- | -- | -- |
| 04/03/2023 04/03/23 | For Sale | $1,700,000 | -- | $460 / 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 | $19,832 | $1,740,047 | $1,074,136 | $665,911 |
| 2025 | $19,832 | $1,701,054 | $1,040,400 | $660,654 |
| 2024 | $19,392 | $1,667,700 | $1,020,000 | $647,700 |
| 2023 | $2,280 | $167,375 | $37,717 | $129,658 |
| 2022 | $2,274 | $164,094 | $36,978 | $127,116 |
| 2021 | $2,243 | $160,877 | $36,253 | $124,624 |
| 2020 | $2,206 | $159,229 | $35,882 | $123,347 |
| 2019 | $2,185 | $156,108 | $35,179 | $120,929 |
| 2018 | $2,087 | $153,048 | $34,490 | $118,558 |
| 2017 | $2,062 | $150,048 | $33,814 | $116,234 |
| 2016 | $1,979 | $147,106 | $33,151 | $113,955 |
| 2015 | $1,960 | $144,898 | $32,654 | $112,244 |
| 2014 | $1,896 | $142,061 | $32,015 | $110,046 |
Source: Public Records
Agents Affiliated with this Home
-
CS
Seller's Agent in 2023
Chris Saiz
Compass
Map
Source: MLSListings
MLS Number: ML81923466
APN: 022-09-043
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