NOT LISTED FOR SALE

785 State St San Jose, CA 95110

Washington-Guadalupe Neighborhood

Estimated Value: $1,011,000 - $1,167,217

5 Beds
2 Baths
1,944 Sq Ft
$559/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $915,000 $471 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $7,137/month

32 Days on Market

Highlights

  • Mountain View
  • Tile Flooring
  • 1-Story Property
  • Victorian Architecture
  • Washer and Dryer

About This Home

As of December 2021

Excellent Duplex with good sized rooms. This is opportunity for investor or end user to purchase this duplex in the heart of downtown area. This opportunity also allows an investor to obtain residential financing. Both units are spacious. Both units Occupied on month to month . Units front & back. Plenty of parking. Do not disturb occupants. Tenants pay their utilities. Washer and dryer in the carport area. One of the units has storage in basement.Realist tax records show sq.ft 1944 (available in disclosures 2 units 1134sq.ft & 810sq.ft.). County record shows different number. Buyer to verify. Listed at appraised value. Appraisal available upon request.

Last Listed By

Aruna Batra

Asset Real Estate License #01135092 Listed on: 09/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,713

Year Built

  • 1910

Lot Details

  • 4,652 Sq Ft Lot

Home Design

  • Duplex
  • Victorian Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,944 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Window Bars With Quick Release
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Community Details

  • 1,944 Sq Ft Building
  • 2 Leased Units

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,713

Year Built

1910

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Duplex
  • Style: Ranch, Victorian
  • Age: 111
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Kitchen: Countertop - Formica, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1944
  • Stories: 1
  • Security: Window Bars With Quick Release
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Tile
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • View: Mountains
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport, Common Parking Area
  • Carport Min: 2

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1068
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4654.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4654.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 17, 2021
Sold by
Das Shyam C and Das Nilima
Bought by
Bhullar Mangal S and Bhullar Jaswinder K
Seller's Agent
Aruna Batra
Asset Real Estate
Buyer's Agent
Tarsaim Batra
Asset Real Estate
List Price
$1,045,000
Sold Price
$915,000
Premium/Discount to List
-$130,000
-12.44%
Total Days on Market
32
Current Estimated Value
$1,085,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,804
Avg. Annual Appreciation
5.13%
Original Mortgage
$594,000
Outstanding Balance
$551,769
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$534,035

Purchase Details

Closed on
Nov 15, 2010
Sold by
Martinez Julia
Bought by
Das Shyam C and Das Nilima

Purchase Details

Closed on
Apr 21, 2004
Sold by
Martinez Julia
Bought by
Martinez Julia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,478
Interest Rate
3.6%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Range of Values:

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Average Value
Not Available
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
Bhullar Mangal S $915,000 First American Title Company
Das Shyam C $290,800 None Available
Martinez Julia -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhullar Mangal S $594,000
Previous Owner Martinez Julia $435,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2021 12/27/21 Sold $915,000 -12.4% $471 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $1,045,000 -- $538 / 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
2024 $12,713 $951,965 $713,922 $238,043
2023 $12,459 $933,300 $699,924 $233,376
2022 $12,354 $915,000 $686,200 $228,800
2021 $4,765 $272,223 $213,047 $59,176
2020 $4,625 $269,433 $210,863 $58,570
2019 $4,505 $264,151 $206,729 $57,422
2018 $4,440 $258,973 $202,676 $56,297
2017 $4,389 $253,896 $198,702 $55,194
2016 $4,233 $248,918 $194,806 $54,112
2015 $4,187 $245,180 $191,880 $53,300
2014 $3,683 $240,378 $188,122 $52,256
Source: Public Records

Agents Affiliated with this Home

  • Aruna Batra

    Seller's Agent in 2021

    Aruna Batra

    Asset Real Estate

    (408) 605-5061

    2 in this area

    23 Total Sales

    Aruna Batra
    Section Image

  • T

    Buyer's Agent in 2021

    Tarsaim Batra

    Asset Real Estate

    (408) 605-5061

    2 in this area

    3 Total Sales

    Tarsaim Batra
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81862997

MLSListings

APN: 264-36-004

California Santa Clara County San Jose 95110 Washington-Guadalupe

785 State St, San Jose, CA

Homes for Sale in San Jose, CA

This home is located at 785 State St, San Jose, CA 95110 since 28 September 2021 and is currently estimated at $1,085,804, approximately $558 per square foot. This property was built in 1910. 785 State St is a home located in Santa Clara County with nearby schools including Washington Elementary School, Willow Glen Middle, and Willow Glen High School.

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