Seller's Agent in 2024
Eymon Binesh
Marcus & Millichap
(650) 391-1700
76 Total Sales
581 Nello Dr Campbell, CA 95008
10
Beds
6
Baths
3,957
Sq Ft
8,276
Sq Ft Lot
About This Home
As of August 2024Marcus & Millichap is pleased to present 581 Nello Drive in the thriving city of Campbell, California. Originally constructed in 1968, this asset is situated on a large parcel totaling 8,125 square feet and 3,957 gross building square footage. The meticulously maintained fourplex features massive three-bedroom and two-bedroom floor plans. Amenities include private patios or balconies, assigned parking for each unit, all new dual pane windows, plus updated kitchens, bathrooms, and flooring in select units. The asset is professionally managed by one of Bay Area's top management teams, Gibson Portfolio Management. Campbell radiates a welcoming atmosphere with its tree-lined streets, cozy cafes, and vibrant community events. In addition to the countless lifestyle amenities found in both the downtown district and the Pruneyard Shopping Center, Campbell offers close proximity to Silicon Valley's top employers including Apple, Adobe Systems, Cisco Systems, Alphabet, and Nvidia to name a few.
Last Agent to Sell the Property
Marcus & Millichap License #02060059 Listed on: 06/10/2024
Property Details
Home Type
- Multi-Family
Year Built
- 1968
Lot Details
- 8,276
Parking
- 5 Car Garage
- Off-Street Parking
- Assigned Parking
Home Design
- Quadruplex
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,957 Sq Ft Home
- 2-Story Property
Additional Features
- 8,276 Sq Ft Lot
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $123,744
- Month-to-Month Lease Term
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $1,800
- Insurance Expense $3,363
- Maintenance Expense $2,000
- Utility Expense $3,000
- Trash Expense $1,600
- Operating Expense $39,556
- Gross Income $121,196
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
Jun 10, 2024
Closed on
Aug 19, 2024
Sold by
Bought by
Seller's Agent
Eymon Binesh
Marcus & Millichap
Buyer's Agent
Anand Vipparthy
RealEstatePro
List Price
$2,188,000
Sold Price
$2,050,000
Premium/Discount to List
-$138,000
-6.31%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,230,000
Interest Rate
0.0689%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 28, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
0.0352%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 25, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
0.0471%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 22, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
0.0512%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 17, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
0.0512%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 22, 2004
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $2,050,000 | First American Title Insurance | ||
| -- | Fidelity National Title Co | ||
| -- | First American Title Insuran | ||
| $774,750 | First American Title Insuran | ||
| -- | Chicago Title | ||
| -- | Chicago Title | ||
| $900,000 | Chicago 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 | $1,232,000 | ||
| Closed | $1,230,000 | ||
| Previous Owner | $800,000 | ||
| Previous Owner | $435,000 | ||
| Previous Owner | $310,000 | ||
| Previous Owner | $720,000 |
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 |
|---|---|---|---|---|
| 08/23/2024 08/23/24 | Sold | $2,050,000 | -1.8% | $518 / Sq Ft |
| 07/26/2024 07/26/24 | Pending | -- | -- | -- |
| 07/10/2024 07/10/24 | Price Changed | $2,088,000 | -4.6% | $528 / Sq Ft |
| 06/10/2024 06/10/24 | For Sale | $2,188,000 | -- | $553 / 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 | $27,534 | $2,050,000 | $1,470,000 | $580,000 |
| 2024 | $14,280 | $973,434 | $538,843 | $434,591 |
| 2023 | $14,105 | $954,348 | $528,278 | $426,070 |
| 2022 | $14,034 | $935,636 | $517,920 | $417,716 |
| 2021 | $13,687 | $917,291 | $507,765 | $409,526 |
| 2020 | $13,258 | $907,886 | $502,559 | $405,327 |
| 2019 | $12,987 | $890,085 | $492,705 | $397,380 |
| 2018 | $12,528 | $872,634 | $483,045 | $389,589 |
| 2017 | $12,278 | $855,524 | $473,574 | $381,950 |
| 2016 | $11,530 | $838,750 | $464,289 | $374,461 |
| 2015 | $11,277 | $826,152 | $457,315 | $368,837 |
| 2014 | $10,844 | $809,969 | $448,357 | $361,612 |
Source: Public Records
Agents Affiliated with this Home
-
Eymon Binesh
-
Anand Vipparthy
Buyer's Agent in 2024
Anand Vipparthy
RealEstatePro
(408) 890-7479
28 Total Sales
Map
Source: MLSListings
MLS Number: ML81969001
APN: 305-38-049
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