Seller's Agent in 2018
Enrique Medellin
Paramount Realty Group
(408) 315-9840
22 Total Sales
720 Dempsey Rd Milpitas, CA 95035
Milpitas Area
12
Beds
8
Baths
4,678
Sq Ft
0.26
Acre Lot
Highlights
- 2 Car Attached Garage
- Forced Air Heating and Cooling System
- 4-minute walk to Creighton Park
- Alexander Rose Elementary School Rated A-
About This Home
As of July 2018Opportunity awaits at this Milpitas 4-Plex with tremendous annual income. Each unit features 3 bedrooms, 2 bathrooms and a 2 car garage. Over $150k in annual income with additional upside potential due to no Rent Control in the city of Milpitas. Close proximity to major tech giants and easy access to major highways makes this an excellent investment for future appreciation.
Last Agent to Sell the Property
Paramount Realty Group License #01449832 Listed on: 03/29/2018
Co-Listed By
David Llorente
Paramount Realty Group License #02037669
Last Buyer's Agent
David Llorente
Paramount Realty Group License #02037669
Property Details
Home Type
- Multi-Family
Year Built
- 1977
Lot Details
- 0.26
Parking
- 2 Car Attached Garage
Home Design
- Quadruplex
- Composition Roof
Interior Spaces
- 4,678 Sq Ft Home
- 2-Story Property
Additional Features
- 11,304 Sq Ft Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Total Actual Rent $147,396
Community Details
Overview
Building Details
- 3 Leased Units
- Gardener Expense $720
- Insurance Expense $1,100
- Other Expense $9,260
- Operating Expense $24,707
- Gross Income $117,917
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
Mar 29, 2018
Closed on
Jul 12, 2018
Sold by
Bought by
Seller's Agent
Enrique Medellin
Paramount Realty Group
Buyer's Agent
David Llorente
Paramount Realty Group
List Price
$2,199,999
Sold Price
$2,065,000
Premium/Discount to List
-$134,999
-6.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,307,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 15, 2015
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
$662,500
Interest Rate
3.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 24, 2014
Sold by
Bought by
Purchase Details
Closed on
Sep 3, 2013
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
$700,000
Interest Rate
4.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 16, 2003
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
$754,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 13, 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
$760,000
Interest Rate
6.89%
Purchase Details
Closed on
Oct 16, 1996
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $2,065,000 | Chicago Title | ||
| -- | Old Republic Title Company | ||
| -- | Old Republic Title Company | ||
| -- | None Available | ||
| -- | Fidelity National Title Co | ||
| -- | Fidelity National Title Ins | ||
| $1,005,000 | Commonwealth Land Title Co | ||
| $444,000 | 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 | $1,250,490 | ||
| Closed | $1,290,000 | ||
| Closed | $1,307,000 | ||
| Previous Owner | $662,500 | ||
| Previous Owner | $700,000 | ||
| Previous Owner | $742,000 | ||
| Previous Owner | $755,000 | ||
| Previous Owner | $754,000 | ||
| Previous Owner | $760,000 | ||
| Previous Owner | $227,150 |
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 |
|---|---|---|---|---|
| 07/13/2018 07/13/18 | Sold | $2,065,000 | -6.1% | $441 / Sq Ft |
| 06/07/2018 06/07/18 | Pending | -- | -- | -- |
| 05/22/2018 05/22/18 | For Sale | $2,199,999 | +6.5% | $470 / Sq Ft |
| 05/22/2018 05/22/18 | Off Market | $2,065,000 | -- | -- |
| 05/15/2018 05/15/18 | Price Changed | $2,199,999 | -12.0% | $470 / Sq Ft |
| 05/08/2018 05/08/18 | Price Changed | $2,498,999 | -3.8% | $534 / Sq Ft |
| 03/29/2018 03/29/18 | For Sale | $2,598,999 | -- | $556 / 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 |
|---|---|---|---|---|
| 2025 | $26,141 | $2,303,543 | $1,388,819 | $914,724 |
| 2024 | $26,141 | $2,258,377 | $1,361,588 | $896,789 |
| 2023 | $26,063 | $2,214,096 | $1,334,891 | $879,205 |
| 2022 | $25,950 | $2,170,683 | $1,308,717 | $861,966 |
| 2021 | $25,575 | $2,128,121 | $1,283,056 | $845,065 |
| 2020 | $25,129 | $2,106,300 | $1,269,900 | $836,400 |
| 2019 | $24,838 | $2,065,000 | $1,245,000 | $820,000 |
| 2018 | $14,526 | $1,236,584 | $382,181 | $854,403 |
| 2017 | $14,340 | $1,212,338 | $374,688 | $837,650 |
| 2016 | $13,766 | $1,188,568 | $367,342 | $821,226 |
| 2015 | $13,628 | $1,170,716 | $361,825 | $808,891 |
| 2014 | $13,278 | $1,147,784 | $354,738 | $793,046 |
Source: Public Records
Agents Affiliated with this Home
-
Enrique Medellin
-
D
Seller Co-Listing Agent in 2018
David Llorente
Paramount Realty Group
Map
Source: MLSListings
MLS Number: ML81698418
APN: 088-31-065
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