NOT LISTED FOR SALE
9 Beds
5 Baths
3,617 Sq Ft
7,492 Sq Ft Lot

Last Sold June 15, 2015

Last sale price $1,950,000 $539 Per Sq Ft

10 Days on Market

Highlights

  • Horse Property
  • Deck
  • Granite Countertops
  • Manuel De Vargas Elementary School Rated A-
  • Marble Flooring
  • Skylights

About This Home

As of June 2015

Exquisite 4plex located in the convenient location just minutes from 280 and Lawrence Exp! Property features 4 units, 1 Unit-3bed/2bath, 3 Units-2bed/1bath. Units remodeled in 2006 and 2012. Upgrades include, newer roof, cooper plumbing, remodeled kitchens with soft-self closing drawers and baths, skylights, sealing fans, recessed lighting, hardwood flooring, dual pane windows, custom fencing yard, each unit has a private garage. Schools are Vargas Elementary (893), Hyde Mid.(908), and Cupertino High (906).

Last Agent to Sell the Property

Eric Song

US Realty License #01863430 Listed on: 03/31/2015

Last Buyer's Agent

Rosaline Manely

Century 21 MM License #01277753

Century 21 MM

Property Details

Home Type

  • Multi-Family

Year Built

  • 1967

Lot Details

  • 7,492 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer

Parking

  • 4 Car Attached Garage
  • Guest Parking
  • Off-Site Parking

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 3,617 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Storage Room
  • Washer and Dryer Hookup
  • Crawl Space

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Marble

Outdoor Features

  • Horse Property
  • Deck

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $84,600

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $480
  • Insurance Expense $1,780
  • Maintenance Expense $1,500
  • Other Expense $2,334
  • Utility Expense $2,510
  • Trash Expense $1,514
  • Operating Expense $18,289
  • Gross Income $84,942

Property Details

Home Type

Multi-Family

Year Built

1967

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3617
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1967

Interior Features

  • Kitchen: Appliances - Vary By Unit, Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 3617
  • Stories: 2
  • Laundry: Coin Operated, Hookups Only
  • Flooring: Hardwood, Laminate, Marble
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Horse Property: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 5
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Off-Site Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • High School: 256

Lot Info

  • Lot Acres: 0.1720
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 17.35
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters
  • Expense Insurance: 1780
  • Expense Landscape: 480
  • Expense Maintenance: 1500
  • Expenses Other: 2334
  • Expenses Total: 18289
  • Expenses Utility: 2510
  • Expense Trash: 1514
  • Income Annual Gross: 84942.00
  • Income Annual Rental: 84600
  • Income Gross Scheduled: 85800
  • Income Includes: Laundry, Rents
  • Income Other: 1200
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Fee - Other Taxes, Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

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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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
06/15/2015 06/15/15 Sold $1,950,000 +31.0% $539 / Sq Ft
04/10/2015 04/10/15 Pending -- -- --
03/31/2015 03/31/15 For Sale $1,489,000 -- $412 / 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 $28,937 $2,343,600 $1,562,401 $781,199
2024 $28,937 $2,297,648 $1,531,766 $765,882
2023 $28,625 $2,252,597 $1,501,732 $750,865
2022 $28,358 $2,208,430 $1,472,287 $736,143
2021 $28,012 $2,165,128 $1,443,419 $721,709
2020 $27,643 $2,142,928 $1,428,619 $714,309
2019 $27,116 $2,100,910 $1,400,607 $700,303
2018 $26,368 $2,059,717 $1,373,145 $686,572
2017 $26,264 $2,019,331 $1,346,221 $673,110
2016 $25,477 $1,979,737 $1,319,825 $659,912
2015 $8,503 $554,275 $266,080 $288,195
2014 -- $543,418 $260,868 $282,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81457731

MLSListings

APN: 381-43-075