NOT LISTED FOR SALE
9 Beds
-- Bath
3,684 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: December 24, 2012

Last sale price $1,110,000 $301 Per Sq Ft

26 Days on Market

Highlights

  • Neighborhood Views
  • Laundry Facilities
  • Carpet
  • Forced Air Heating System
  • Level Lot

About This Home

As of December 2012

Unique fourplex in strong Sunnyvale rental market. Unit Mix: 3/2, 3/1.5, 2/1, 1/1. Owner's unit with fireplace. Large units generate high rents. Fully rented with upside rent potential. Additional laundry income. Building in good condition with many upgrades: Roof, water heater, some units remodeled. Ideal for owner-occupied or investment property. Marketing Package available.

Last Agent to Sell the Property

Michael Shields

SiliconValley MultiFamilyGroup License #01327546 Listed on: 10/22/2012

Last Buyer's Agent

Sharon Phillips

Golden Gate Sotheby's International Realty License #00893765

Golden Gate Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1967

Lot Details

  • 6,970

Parking

  • Carport

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,684 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Oven or Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $79,200
  • The owner pays for garbage, services - gardener/landscaping, water
  • Month-to-Month Lease Term

Community Details

Building Details

  • Gardener Expense $720
  • Insurance Expense $1,474
  • Maintenance Expense $3,080
  • Other Expense $1,472
  • Utility Expense $1,286
  • Trash Expense $1,360
  • Operating Expense $25,567
  • Gross Income $78,260

Additional Features

  • 3,684 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1967

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 301.30
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3684
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1967

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 3684
  • Stories: 2
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned Coin-Op, Community Facility
  • Flooring: Carpet - Area, Laminate, Vinyl / Linoleum, Carpet

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Shingle, Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Carport, Spaces Per Unit - 1

Utilities

  • Heating System: Wall Furnace, Gas - Natural, Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Locker, Storage Area(s)

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7260.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7260.00
  • Lot Size Area Min Search: 7260.00
  • Maximum Lot Size: 7260.00

Green Features

  • Energy Features: Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 14.56

Multi Family

  • Expense Insurance: 1474
  • Expense Landscape: 720
  • Expense Maintenance: 3080
  • Expenses Other: 1472
  • Expenses Total: 25567
  • Expenses Utility: 1286
  • Expense Trash: 1360
  • Expense Water Sewer: 2173
  • Income Annual Gross: 78260.00
  • Income Annual Rental: 79200
  • Income Gross Scheduled: 80680
  • Income Includes: Laundry, Lease
  • Income Laundry: 1480
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Utilities - Gas, Insurance, Maintenance - Laundry, Accounting/Legal, Fee - License/Advertising, Maintenance - Repair, Fee - Property Tax, Services - Sewer, Vacancy Factor, Utilities - Electric
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 2420
  • Vacancy Factor: 3

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
Apr 8, 2015
Sold by
Bought by

Purchase Details

Listed on
Oct 22, 2012
Closed on
Dec 11, 2012
Sold by
Bought by
Seller's Agent
Michael Shields
SiliconValley MultiFamilyGroup
Buyer's Agent
Sharon Phillips
Golden Gate Sotheby's International Realty
List Price
$1,175,000
Sold Price
$1,110,000
Premium/Discount to List
-$65,000
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$789,000
Outstanding Balance
$528,893
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2008
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
$680,000
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2002
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
$500,000
Interest Rate
7.5%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$1,110,000 Chicago Title Company
$1,042,000 Old Republic Title Company
$975,000 Old Republic Title Company
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 $789,000
Previous Owner $649,000
Previous Owner $654,000
Previous Owner $661,000
Previous Owner $680,000
Previous Owner $800,000
Previous Owner $100,000
Previous Owner $500,000
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
12/24/2012 12/24/12 Sold $1,110,000 -5.5% $301 / Sq Ft
11/17/2012 11/17/12 Pending -- -- --
10/22/2012 10/22/12 For Sale $1,175,000 -- $319 / 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 $16,320 $1,394,214 $891,795 $502,419
2025 $15,733 $1,366,877 $874,309 $492,568
2024 $15,733 $1,340,076 $857,166 $482,910
2023 $15,590 $1,313,801 $840,359 $473,442
2022 $15,344 $1,288,041 $823,882 $464,159
2021 $15,199 $1,262,786 $807,728 $455,058
2020 $15,008 $1,249,838 $799,446 $450,392
2019 $14,672 $1,225,332 $783,771 $441,561
2018 $14,380 $1,201,306 $768,403 $432,903
2017 $14,196 $1,177,752 $753,337 $424,415
2016 $13,649 $1,154,660 $738,566 $416,094
2015 $13,729 $1,137,317 $727,473 $409,844
2014 $13,457 $1,115,039 $713,223 $401,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81238620

MLSListings

APN: 209-18-026

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