NOT LISTED FOR SALE
5 Beds
4 Baths
2,394 Sq Ft
6,708 Sq Ft Lot

Last Sold April 03, 2018

Last sale price $1,440,000 $602 Per Sq Ft

5 Days on Market

Highlights

  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Guadalupe Elementary School Rated A
  • Tile Countertops
  • Tile Flooring

About This Home

As of April 2018

Good investment opportunity in a quiet neighborhood. Close to Los Gatos and Almaden. Small unit (approx. 947 sqft) is a 2 bedroom with 1 bath. Dual pane windows and updated bath. Big unit (approx. 1447 sqft) is a 3 bedroom 2 1/2 baths. Some dual pane windows. Big unit needs updating. Both units have 1 car garage. Live in the big unit and rent the small unit out. Excellent schools Guadalupe Elementary, Dartmouth Middle School and Leigh High School

Last Agent to Sell the Property

Hanne Olofsen

Mc Elroy Properties & Inv. License #01059624 Listed on: 03/14/2018

Last Buyer's Agent

Farideh Zamani

Coldwell Banker Realty License #01364595

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • 6,708 Sq Ft Lot

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,394 Sq Ft Home
  • Vaulted Ceiling
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Total Actual Rent $69,900

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $830
  • Insurance Expense $838
  • Maintenance Expense $2,000
  • Manager Expense $4,224
  • Other Expense $1,500
  • Utility Expense $1,100
  • Trash Expense $1,110
  • Operating Expense $18,963
  • Gross Income $69,900

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 45
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2394
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1973

Interior Features

  • Kitchen: 220 Volt Outlet, Countertop - Tile, Dishwasher, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2394
  • Security: Secured Garage / Parking
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: Campbell Union High
  • Elementary School: Guadalupe Elementary
  • Middle School: Dartmouth Middle
  • High School: Leigh High
  • High School: 240
  • Elementary School: 220
  • Middle School: 218

Lot Info

  • Lot Acres: 0.1540
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6709.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6709.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 18.60
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 838
  • Expense Landscape: 830
  • Expense Maintenance: 2000
  • Expense Management: 4224
  • Expenses Other: 1500
  • Expenses Total: 18963
  • Expenses Utility: 1100
  • Expense Trash: 1110
  • Income Annual Gross: 69900.00
  • Income Annual Rental: 69900
  • Income Gross Scheduled: 69900
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Insurance, Services - Gardener, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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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 Change Sq Ft Price
04/03/2018 04/03/18 Sold $1,440,000 +10.8% $602 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $1,300,000 -- $543 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81696273

MLSListings