NOT LISTED FOR SALE

786 Sharmon Palms Ln Campbell, CA 95008

San Tomas Neighborhood
8 Beds
4 Baths
3,150 Sq Ft
7,841 Sq Ft Lot

Last Sold August 31, 2015

Last sale price $1,400,000 $444 Per Sq Ft

35 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • Tile Flooring
  • Westmont High School Rated A
  • Balcony
  • Coin Laundry

About This Home

As of August 2015

Prime Investment Property in great condition* Nice Campbell area*EZ commute, close to freeway / expressway / shops/schools /parks* Total rent $5,750 each mo.(below market)* Yearly rent income based on current rent*New roof installed 6-15* Carport / laundry freshly painted*Low water/maintenance landscaping in June* 3 units upgraded* Other 1 unit has some recent improvements* Double-pane windows in most units*Buyer to cooperate with seller's 1031-Exchange @ no cost / delay to buyer*.Do not disturb tenants*

Last Agent to Sell the Property

Julie Low

Corcoran Icon Properties License #01150149 Listed on: 07/09/2015

Corcoran Icon Properties

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 7,841

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 3,150 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Parking

  • 6 Carport Spaces
  • On-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Balcony
  • Grass Covered Lot

Listing and Financial Details

  • Total Actual Rent $69,000

Community Details

Overview

Amenities

  • Courtyard
  • Coin Laundry

Building Details

  • 4 Leased Units
  • Insurance Expense $1,751
  • Maintenance Expense $4,800
  • Other Expense $285
  • Utility Expense $2,888
  • Trash Expense $2,856
  • Operating Expense $21,692
  • Gross Income $69,267

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

0

Listing Details

  • Zoning: R2S
  • Subclass: Fourplex
  • Style: Contemporary
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3150
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3150
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Courtyard, Low Maintenance

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, On Street
  • Carport Min: 6

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8064.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8064.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.61
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1751
  • Expense Maintenance: 4800
  • Expenses Other: 285
  • Expenses Total: 21692
  • Expenses Utility: 2888
  • Expense Trash: 2856
  • Income Annual Gross: 69267.00
  • Income Annual Rental: 69000
  • Income Gross Scheduled: 69267
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 267
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Laundry, Maintenance - Repair, Miscellaneous/Other, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2015 08/31/15 Sold $1,400,000 +8.6% $444 / Sq Ft
08/13/2015 08/13/15 Pending -- -- --
07/09/2015 07/09/15 For Sale $1,288,888 -- $409 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Julie Low

    Corcoran Icon Properties

    Section Image

  • R

    Buyer's Agent in 2015

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81484134

MLSListings

APN: 404-31-006

California Santa Clara County Campbell 95008 San Tomas

786 Sharmon Palms Ln, Campbell, CA

This home is located at 786 Sharmon Palms Ln, Campbell, CA 95008 since 09 July 2015. This property was built in 1962. 786 Sharmon Palms Ln is a home located in Santa Clara County with nearby schools including Westmont High School, Capri Elementary, and Village School.

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