NOT LISTED FOR SALE
7 Beds
4 Baths
2,956 Sq Ft
6,952 Sq Ft Lot

Sale Details

Date Sold: July 9, 2018

Last sale price $1,310,000 $443 Per Sq Ft

35 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating System
  • Ceiling Fan

About This Home

As of July 2018

INVESTMENT OPPORTUNITY!!! ((Huge Price Reduction))..... This triplex is within close proximity to San Jose City college and Hwy 280. Updated double pane windows and sliding doors throughout the complex along with updated central furnace systems in every unit. The back unit #2 has it's very own private back yard and patio. The upstairs unit #3 has it's balcony/deck area. There are Two-2-Car garages and plenty of driveway parking spaces. There is also a common Laundry area on site which includes coin operated washer and dryer.

Last Agent to Sell the Property

Humberto Ponce

Berkshire Hathaway HS Real Time Realty License #01890226 Listed on: 05/17/2018

Berkshire Hathaway HS Real Time Realty

Last Buyer's Agent

Soyla Moinpour

Soyla Realty License #01164162

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1959

Lot Details

  • 6,952

Parking

  • 4 Car Attached Garage
  • On-Street Parking

Home Design

  • Triplex
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,956 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Crawl Space
  • Monitored

Additional Features

  • 6,952 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $19,200

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,550
  • Maintenance Expense $480
  • Utility Expense $2,000
  • Operating Expense $19,630
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Year Built

1959

Lot Details

6,952 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: RM
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2956
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Living Sq Ft: 2956
  • Stories: 2
  • Security: Video / Audio System

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition, Tar And Gravel

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage, On Street, Parking Restrictions

Utilities

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

Lot Info

  • Lot Acres: 0.1596
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6953.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6953.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 78.07
  • Number Of Leased: 1

Multi Family

  • Utilities: Natural Gas, Public Utilities
  • Expense Insurance: 1550
  • Expense Maintenance: 480
  • Expenses Total: 19630
  • Expenses Utility: 2000
  • Income Annual Gross: 19200.00
  • Income Annual Rental: 19200
  • Income Gross Scheduled: 19200
  • Income Includes: Coin Operated Equip, Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Sewer, Utilities - Water
  • Tenant Expenses: Utilities - Electric

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
May 17, 2018
Closed on
Jul 2, 2018
Sold by
Bought by
Seller's Agent
Humberto Ponce
Berkshire Hathaway HS Real Time Realty
Buyer's Agent
Soyla Moinpour
Soyla Realty
List Price
$1,600,000
Sold Price
$1,310,000
Premium/Discount to List
-$290,000
-18.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$851,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 26, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2007
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
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2007
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
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 15, 1998
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
$265,500
Interest Rate
8.5%
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
$1,310,000 Chicago Title Co
-- None Available
-- Financial Title Company
$900,000 Financial Title Company
-- Financial 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 $851,500
Closed $851,500
Previous Owner $720,000
Previous Owner $565,000
Previous Owner $500,000
Previous Owner $125,000
Previous Owner $360,000
Previous Owner $280,000
Previous Owner $265,500
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
07/09/2018 07/09/18 Sold $1,310,000 -12.6% $443 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/01/2018 06/01/18 Price Changed $1,499,000 -6.3% $507 / Sq Ft
05/17/2018 05/17/18 For Sale $1,600,000 -- $541 / 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 $21,461 $1,490,550 $1,080,934 $409,616
2025 $20,771 $1,461,325 $1,059,740 $401,585
2024 $20,771 $1,432,672 $1,038,961 $393,711
2023 $20,349 $1,404,582 $1,018,590 $385,992
2022 $20,155 $1,377,042 $998,618 $378,424
2021 $19,706 $1,350,042 $979,038 $371,004
2020 $19,105 $1,336,200 $969,000 $367,200
2019 $18,815 $1,310,000 $950,000 $360,000
2018 $15,478 $1,059,739 $883,119 $176,620
2017 $15,266 $1,038,960 $865,803 $173,157
2016 $14,432 $1,018,589 $848,827 $169,762
2015 $13,782 $965,000 $800,000 $165,000
2014 $10,855 $834,000 $695,000 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81706055

MLSListings

APN: 282-46-043

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