NOT LISTED FOR SALE
8 Beds
4 Baths
4,284 Sq Ft
7,144 Sq Ft Lot

Sale Details

Date Sold: March 24, 2017

Last sale price $1,560,000 $364 Per Sq Ft

181 Days on Market

Highlights

  • Traditional Architecture
  • Washer and Dryer
  • Heating Available
  • Coin Laundry
  • Carpet

About This Home

As of March 2017

New Listing! First Time on Market in 40+ Years! Strong rental history and well kept professionally managed 5 unit building features carport parking. All units are 2 bedroom, 1 bathroom. Easy access to Hwy 280 and shopping off Saratoga Avenue. Approximately 4+/- miles from new Apple Campus. Excellent opportunity...won't last long!

Last Agent to Sell the Property

Arpad Racz

Coldwell Banker Realty License #01274256 Listed on: 09/15/2016

Coldwell Banker Realty

Last Buyer's Agent

Arpad Racz

Coldwell Banker Realty License #01274256 Listed on: 09/15/2016

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1968

Lot Details

  • 7,144 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 4,284 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • 3 Carport Spaces
  • Off-Street Parking

Utilities

  • Heating Available
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $81,754

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $1,681
  • Maintenance Expense $5,649
  • Manager Expense $5,723
  • Other Expense $2,121
  • Utility Expense $1,394
  • Trash Expense $2,340
  • Operating Expense $22,962
  • Gross Income $81,754

Property Details

Home Type

Multi-Family

Year Built

1968

Lot Details

7,144 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Multiple Dwellings / Structures
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4284
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal
  • Living Sq Ft: 4284
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport, Off-Street Parking
  • Carport Min: 3

Utilities

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

Lot Info

  • Lot Acres: 0.1640
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7130.77
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7130.77

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 20.16
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1681
  • Expense Landscape: 1200
  • Expense Maintenance: 5649
  • Expense Management: 5723
  • Expenses Other: 2121
  • Expenses Total: 22962
  • Expenses Utility: 1394
  • Expense Trash: 2340
  • Income Annual Gross: 81754.00
  • Income Annual Rental: 81754
  • Income Gross Scheduled: 81754
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance, Utilities - Electric, Utilities - Gas
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

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
Sep 15, 2016
Closed on
Mar 20, 2017
Sold by
Bought by
Seller's Agent
Arpad Racz
Coldwell Banker Realty
Buyer's Agent
Arpad Racz
Coldwell Banker Realty
List Price
$1,648,000
Sold Price
$1,560,000
Premium/Discount to List
-$88,000
-5.34%

Purchase Details

Closed on
Apr 8, 2009
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
$1,560,000 Cornerstone Title Company
-- None Available
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
03/24/2017 03/24/17 Sold $1,560,000 -5.3% $364 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
12/04/2016 12/04/16 For Sale $1,648,000 0.0% $385 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
10/07/2016 10/07/16 Price Changed $1,648,000 -8.3% $385 / Sq Ft
09/15/2016 09/15/16 For Sale $1,798,000 -- $420 / 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 $24,745 $1,846,717 $1,139,993 $706,724
2025 $24,745 $1,810,508 $1,117,641 $692,867
2024 $23,927 $1,775,009 $1,095,727 $679,282
2023 $23,453 $1,740,206 $1,074,243 $665,963
2022 $23,279 $1,706,085 $1,053,180 $652,905
2021 $22,844 $1,672,633 $1,032,530 $640,103
2020 $22,398 $1,655,483 $1,021,943 $633,540
2019 $22,164 $1,623,023 $1,001,905 $621,118
2018 $21,574 $1,591,200 $982,260 $608,940
2017 $4,094 $153,232 $42,174 $111,058
2016 $3,876 $150,229 $41,348 $108,881
2015 $3,775 $147,973 $40,727 $107,246
2014 $3,463 $145,076 $39,930 $105,146
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81614602

MLSListings

APN: 303-28-001

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