NOT LISTED FOR SALE
4 Beds
3 Baths
1,944 Sq Ft
5,798 Sq Ft Lot

Sale Details

Date Sold: August 31, 2017

Last sale price $770,000 $396 Per Sq Ft

10 Days on Market

Highlights

  • Granite Countertops
  • 2 Car Attached Garage
  • 1-Story Property
  • Independence High School Rated A-
  • Forced Air Heating System

About This Home

As of August 2017

ATTN: INVESTORS! This is an excellent opportunity you will not want to miss! Best priced Duplex in San Jose w/ GREAT rental income AND convenient location. Walking distance to schools, parks, shopping and easy freeway access. Front Unit has 2BR/1BA with updated kitchen, bathroom and attached garage. Back Unit has 2BR/2BA with updated bathrooms. Fresh exterior paint of buildings. **DRIVE BY ONLY** - Please be mindful of Tenant's Rights and DO NOT DISTURB tenants. Ideal opportunity for first time Investor. NO HOA. Rents for both units will increase 5% this coming November.

Last Agent to Sell the Property

Roxanne Barrionuevo

De Novo Real Estate License #01897405 Listed on: 07/21/2017

Last Buyer's Agent

Roxanne Barrionuevo

De Novo Real Estate License #01897405 Listed on: 07/21/2017

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 5,798 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,944 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Granite Countertops

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $47,400
  • Month-to-Month Lease Term

Community Details

Overview

  • 1,944 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $1,052
  • Maintenance Expense $4,944
  • Manager Expense $3,318
  • Utility Expense $2,400
  • Trash Expense $600
  • Operating Expense $20,251
  • Gross Income $46,926

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

5,798 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: Countertop - Granite, Exhaust Fan, Oven Range
  • Living Sq Ft: 1944
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Acres: 0.1331
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5800.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.99
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1052
  • Expense Maintenance: 4944
  • Expense Management: 3318
  • Expenses Total: 20251
  • Expenses Utility: 2400
  • Expense Trash: 600
  • Income Annual Gross: 46926.00
  • Income Annual Rental: 47400
  • Income Gross Scheduled: 47400
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Maintenance - Capital Improvements, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

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

Closed on
Oct 2, 2020
Sold by
Nham Huyvan H and Nham Allison Minhthu
Bought by

Purchase Details

Listed on
Jul 21, 2017
Closed on
Aug 24, 2017
Sold by
Hu Nanfang and Ma Xiaoqing
Bought by
Nham Huyvan H and Nham Allison Minhthu
Seller's Agent
Roxanne Barrionuevo
De Novo Real Estate
Buyer's Agent
Roxanne Barrionuevo
De Novo Real Estate
List Price
$758,000
Sold Price
$770,000
Premium/Discount to List
$12,000
1.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Outstanding Balance
$471,359
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Hu Nanfang and Ma Xiaoqing

Purchase Details

Closed on
Jul 28, 2009
Sold by
Rocha Javier
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Aug 27, 2004
Sold by
Cervantes Jose
Bought by
Rocha Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 19, 2002
Sold by
Galvan Sergio and Galvan Maria G
Bought by
Cervantes Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.94%

Purchase Details

Closed on
Sep 12, 2000
Sold by
Sergio Galvan and Sergio Maria G
Bought by
Galvan Sergio and Galvan Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,000
Interest Rate
8.78%

Purchase Details

Closed on
May 22, 1998
Sold by
Galvan Sergio and Galvan Maria G
Bought by
Galvan Sergio and Galvan Maria G

Purchase Details

Closed on
May 1, 1998
Sold by
Ramon Fernandez and Galvan Sergio
Bought by
Galvan Sergio and Galvan Maria G
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
-- None Available
Nham Huyvan H $770,000 North American Title Co Inc
Hu Nanfang $305,500 Chicago Title Company
Wells Fargo Bank National Association $267,795 None Available
Rocha Javier $590,000 Financial Title Company
Cervantes Jose -- Alliance Title Company
Galvan Sergio $50,000 Fidelity National Title Co
Galvan Sergio -- --
Galvan Sergio $105,000 Fidelity National Title Co
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 $577,500
Previous Owner Rocha Javier $472,000
Previous Owner Cervantes Jose $388,000
Previous Owner Galvan Sergio $301,000
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
08/31/2017 08/31/17 Sold $770,000 +1.6% $396 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/21/2017 07/21/17 For Sale $758,000 -- $390 / 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 $13,899 $893,644 $557,078 $336,566
2025 $13,615 $876,122 $546,155 $329,967
2024 $13,615 $858,945 $535,447 $323,498
2023 $13,343 $842,104 $524,949 $317,155
2022 $13,079 $825,593 $514,656 $310,937
2021 $12,616 $809,406 $504,565 $304,841
2020 $12,335 $801,108 $499,392 $301,716
2019 $11,980 $785,400 $489,600 $295,800
2018 $11,821 $770,000 $480,000 $290,000
2017 $6,371 $339,776 $166,829 $172,947
2016 $6,025 $333,114 $163,558 $169,556
2015 $6,007 $328,112 $161,102 $167,010
2014 -- $321,686 $157,947 $163,739
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81670996

MLSListings

APN: 481-30-046

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