NOT LISTED FOR SALE

705 W Valley Dr Campbell, CA 95008

8 Beds
7 Baths
3,990 Sq Ft
8,028 Sq Ft Lot

Last Sold October 15, 2021

Last sale price $2,150,000 $539 Per Sq Ft

6 Days on Market

Highlights

  • Double Pane Windows
  • Tile Flooring
  • Courtyard
  • Bagby Elementary School Rated A-
  • Forced Air Heating System

About This Home

As of October 2021

LOCATION LOCATION LOCATION!!! Look no further for a great investment property in Silicon Valley. This fourplex is located in a residential neighborhood that is just minutes away from Pruneyard Shopping center and Downtown Campbell with great restaurants, coffee, groceries, banks, and much more! You are also a short drive to downtown Willow Glen. Not only that, with easy access to highway 17, you are less than 15 minutes from the chic Santana Row. This is a location you cannot beat! With three different size units, there are a total of eight bedrooms. Unit 1 has 3 bedrooms, 2 baths and is approximately 1500 square feet. Unit 2 and 3 both have 2 bedrooms, 1.5 baths and 870 square feet of space each. The last unit is a 1 bedroom, 1 bath and has 750 square feet of space. Don't wait, because this one won't last.

Last Agent to Sell the Property

Russ Sadykhov

Coldwell Banker Realty License #01891106 Listed on: 09/01/2021

Coldwell Banker Realty

Last Buyer's Agent

Thomas Rollett

Intero Real Estate Services License #01383194

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1972

Lot Details

  • 8,028 Sq Ft Lot

Parking

  • 4 Car Garage
  • Assigned Parking

Home Design

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

Interior Spaces

  • 3,990 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $103,200

Community Details

Overview

Amenities

  • Courtyard

Building Details

  • 3 Leased Units
  • Insurance Expense $2,277
  • Maintenance Expense $300
  • Other Expense $100
  • Utility Expense $4,000
  • Trash Expense $1,200
  • Operating Expense $33,877
  • Gross Income $107,400

Property Details

Home Type

Multi-Family

Year Built

1972

Lot Details

8,028 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R-3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3990
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Living Sq Ft: 3990
  • Stories: 2
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Yard/Grounds: Courtyard

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Assigned Spaces, Covered Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 237

Lot Info

  • Lot Acres: 0.1843
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8027.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8027.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.54
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2277
  • Expense Maintenance: 300
  • Expenses Other: 100
  • Expenses Total: 33877
  • Expenses Utility: 4000
  • Expense Trash: 1200
  • Income Annual Gross: 107400.00
  • Income Annual Rental: 103200
  • Income Gross Scheduled: 107400
  • Income Includes: Laundry, Rents
  • Income Other: 4200
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Maintenance - Laundry, Miscellaneous/Other, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
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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 List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $2,150,000 +2.4% $539 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $2,099,000 -- $526 / Sq Ft
Source: MLSListings

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 $29,555 $2,281,596 $1,910,174 $371,422
2024 $29,555 $2,236,860 $1,872,720 $364,140
2023 $29,518 $2,193,000 $1,836,000 $357,000
2022 $29,025 $2,150,000 $1,800,000 $350,000
2021 $17,048 $1,178,292 $643,876 $534,416
2020 $16,210 $1,166,211 $637,274 $528,937
2019 $15,905 $1,143,345 $624,779 $518,566
2018 $15,356 $1,120,928 $612,529 $508,399
2017 $15,009 $1,098,950 $600,519 $498,431
2016 $14,223 $1,077,403 $588,745 $488,658
2015 $13,958 $1,061,220 $579,902 $481,318
2014 $13,556 $1,040,433 $568,543 $471,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81860898

MLSListings

APN: 412-30-008

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