NOT LISTED FOR SALE

797 Cornell Dr Santa Clara, CA 95051

Pruneridge Neighborhood
7 Beds
-- Bath
2,791 Sq Ft
5,663 Sq Ft Lot

Last Sold July 12, 2014

Last sale price $1,200,000 $430 Per Sq Ft

36 Days on Market

Highlights

  • Neighborhood Views
  • Tile Flooring
  • Heating Available
  • Sutter Elementary School Rated A
  • Level Lot
  • 1-Story Property

About This Home

As of July 2014

Subject to 1031 exchange at no cost to Buyer..Great Investment property ,Single Story Triplex in a nice residential neighborhood.Easy access to 101/Lawrence express, restaurants, library, shopping Parks, Post Office. Do Not Disturb Tenants. No Lock Box. Offer Subject to Inspection.

Last Agent to Sell the Property

Sumii Jhingon

REALTY EXPERTS License #01330477 Listed on: 05/07/2014

REALTY EXPERTS

Last Buyer's Agent

Sumii Jhingon

REALTY EXPERTS License #01330477 Listed on: 05/07/2014

REALTY EXPERTS

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • Level Lot

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,791 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Parking

  • Covered Parking
  • Uncovered Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $58,623

Community Details

Overview

  • 2,791 Sq Ft Building

Building Details

  • Gardener Expense $360
  • Insurance Expense $1,200
  • Maintenance Expense $5,738
  • Other Expense $1,193
  • Utility Expense $720
  • Trash Expense $480
  • Operating Expense $25,131
  • Gross Income $59,858

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 429.95
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 2791
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range
  • Living Sq Ft: 2791
  • Stories: 1
  • Laundry: Washer/Dryer - Owned Coin-Op, In Garage
  • Flooring: Tile, Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Common Parking Area, Spaces Per Unit - 1, Uncovered Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Electric
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Locker

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.50

Multi Family

  • Expense Insurance: 1200
  • Expense Landscape: 360
  • Expense Maintenance: 5738
  • Expenses Other: 1193
  • Expenses Total: 25131
  • Expenses Utility: 720
  • Expense Trash: 480
  • Expense Water Sewer: 2640
  • Income Annual Gross: 59858.00
  • Income Annual Rental: 58623
  • Income Gross Scheduled: 60463
  • Income Includes: Laundry
  • Income Laundry: 840
  • Income Other: 1000
  • Maximum Building Height: 1
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 1
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance - Repair
  • Tenant Expenses: Utilities - Gas, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal
  • Vacancy Amount: 605
  • Vacancy Factor: 1

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
07/12/2014 07/12/14 Sold $1,200,000 -7.7% $430 / Sq Ft
06/12/2014 06/12/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $1,300,000 -- $466 / 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
2025 $16,585 $1,442,212 $937,439 $504,773
2024 $16,585 $1,413,934 $919,058 $494,876
2023 $16,419 $1,386,211 $901,038 $485,173
2022 $16,141 $1,359,031 $883,371 $475,660
2021 $16,080 $1,332,384 $866,050 $466,334
2020 $15,789 $1,318,723 $857,170 $461,553
2019 $15,768 $1,292,866 $840,363 $452,503
2018 $14,752 $1,267,517 $823,886 $443,631
2017 $14,681 $1,242,665 $807,732 $434,933
2016 $14,329 $1,218,300 $791,895 $426,405
2015 $14,275 $1,200,000 $780,000 $420,000
2014 $12,787 $1,106,987 $869,538 $237,449
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2014

    Sumii Jhingon

    REALTY EXPERTS

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Map

Source: MLSListings

MLS Number: ML81415581

MLSListings

APN: 293-11-054

California Santa Clara County Santa Clara 95051 Pruneridge

797 Cornell Dr, Santa Clara, CA

Not Listed for Sale

MultiFamily

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