NOT LISTED FOR SALE

Estimated Value: $1,464,000 - $1,704,116

4 Beds
4 Baths
2,409 Sq Ft
$656/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $1,168,000 $485 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $9,977/month

58 Days on Market

Highlights

  • Traditional Architecture
  • 4-minute walk to Japantown/Ayer Station
  • Balcony
  • Wood Flooring
  • Granite Countertops
  • 1 Car Detached Garage

About This Home

As of October 2017

Beautiful Single Family Home, Zoned Commercial Office, and Located in Desirable Japantown. Superb Office Front Location Lends Itself Perfectly to a Live/Work Environment with Lots of Upside Potential! The Finely Remodeled Home Offers Gorgeous, Refinished Hardwood Floors & New Designer Paint Throughout! Remodeled Kitchen has Lovely Granite Counters, Custom Oak Cabinetry & New Stainless Steel Appliances w/ Samsung 5-Burner Gas Stove & Extra Deep Sink. Updated Full Baths on Ground Level w/ Brand New Kohler, Low Flow Commodes. 4 Spacious Bedrooms w/ 2 Bedrooms Over 200 Square Feet! Home Boasts Great Pride of Ownership & Tons of Natural Light! It's a Great Opportunity for Growing Families, Buyers Looking to Rent Space or Anyone Wanting to Start a Small Business in a Highly Sought-After Community! Easy Access to Commute Routes, Expanding High Tech, Professional Services, Light Rail, International Airport, Downtown, SJSU, Restaurants & Entertainment, and Such a Peaceful Place to Call Home!

Last Agent to Sell the Property

Sheila McIntyre

Coldwell Banker Realty License #01364479 Listed on: 06/24/2017

Coldwell Banker Realty

Last Buyer's Agent

Mona Daniels

Prime Pacific Properties License #00872796

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,179

Year Built

  • 1922

Lot Details

  • 6,395 Sq Ft Lot
  • Fenced
  • Level Lot
  • Drought Tolerant Landscaping
  • Back Yard

Parking

  • 1 Car Detached Garage
  • 1 Carport Space
  • Tandem Parking
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Low Flow Toliet
  • 2,409 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $1

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Gardener Expense $1
  • Insurance Expense $1
  • Maintenance Expense $1
  • Manager Expense $1
  • Other Expense $1
  • Utility Expense $1
  • Trash Expense $1
  • Operating Expense $8
  • Gross Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,179

Year Built

1922

Lot Details

0

Parking

1

Listing Details

  • Zoning: CO
  • Subclass: Multiple Dwellings / Structures
  • Style: Traditional
  • Age: 95
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2409
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1922

Interior Features

  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Ice Maker, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2409
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Hardwood, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 5
  • Garage Parking Features: Carport, Detached Garage, Gate / Door Opener, Room For Oversized Vehicle, Tandem Parking
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified
  • Elementary School: Grant Elementary
  • Middle School: Peter Burnett Middle
  • High School: San Jose High Academy
  • High School: 349
  • Elementary School: 365
  • Middle School: 337

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1468
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6394.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6394.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Low Flow Toilet

Rental Info

  • Gross Rent Multiplier: 599000.00
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1
  • Expense Landscape: 1
  • Expense Maintenance: 1
  • Expense Management: 1
  • Expenses Other: 1
  • Expenses Total: 8
  • Expenses Utility: 1
  • Expense Trash: 1
  • Income Annual Gross: 1.00
  • Income Annual Rental: 1
  • Income Gross Scheduled: 1
  • Income Other: 1
  • Meters: Separate Gas
  • Number Of Buildings: 1
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2017
Closed on
Oct 6, 2017
Sold by
Gustafson Michael A and Gustafson Tu C
Bought by
Li Wen and Hundal Sarbjit
Seller's Agent
Sheila McIntyre
Coldwell Banker Realty
Buyer's Agent
Mona Daniels
Prime Pacific Properties
List Price
$1,198,000
Sold Price
$1,168,000
Premium/Discount to List
-$30,000
-2.5%
Current Estimated Value
$1,580,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,529
Avg. Annual Appreciation
3.90%
Original Mortgage
$817,600
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 24, 2017
Closed on
Aug 31, 2017
Sold by
Gustafson Tu C and Ha Tu Cam
Bought by
Gustafson Michael A and Gustafson Tu C
Seller's Agent
Sheila McIntyre
Coldwell Banker Realty
Buyer's Agent
Mona Daniels
Prime Pacific Properties
List Price
$1,198,000
Sold Price
$1,168,000
Premium/Discount to List
-$30,000
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$817,600
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 1998
Sold by
Otagaki Doris N
Bought by
Ha Tu Cam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
6.89%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Li Wen $1,168,000 Old Republic Title Company
Gustafson Michael A -- Old Republic Title Company
Ha Tu Cam $252,000 Old Republic Title Company
Otagaki Doris N -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Wen $750,000
Closed Li Wen $817,600
Previous Owner Ha Tu Can $303,000
Previous Owner Ha Tu Cam $202,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $1,168,000 -2.5% $485 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
06/24/2017 06/24/17 For Sale $1,198,000 -- $497 / 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 $17,179 $1,328,978 $853,369 $475,609
2024 $17,179 $1,302,921 $836,637 $466,284
2023 $16,858 $1,277,375 $820,233 $457,142
2022 $16,102 $1,252,329 $804,150 $448,179
2021 $15,714 $1,227,775 $788,383 $439,392
2020 $15,461 $1,215,187 $780,300 $434,887
2019 $15,143 $1,191,360 $765,000 $426,360
2018 $14,818 $1,168,000 $750,000 $418,000
2017 $6,056 $367,402 $270,153 $97,249
2016 $5,548 $360,199 $264,856 $95,343
2015 $5,438 $354,789 $260,878 $93,911
2014 $5,414 $347,840 $255,768 $92,072
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81667485

MLSListings

APN: 249-42-018