NOT LISTED FOR SALE
5 Beds
3 Baths
2,402 Sq Ft
9,165 Sq Ft

Last Sold November 21, 2017

Last sale price $1,550,000 $645 Per Sq Ft

6 Days on Market

Highlights

  • 2 Car Attached Garage
  • Manuel De Vargas Elementary School Rated A-
  • 1-Story Property

About This Home

As of November 2017

Investor's special. Fantastic West San Jose location with Great Cupertino Schools. Lots of upside potential. Currently below market rents so stated rents are projected.

Last Agent to Sell the Property

Brett Jennings

KW Bay Area Estates License #70010020 Listed on: 10/13/2017

KW Bay Area Estates

Last Buyer's Agent

William Chen

Faithful License #01863645

Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 9,165 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,402 Sq Ft Home
  • 1-Story Property

Utilities

  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $76,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $3,940
  • Insurance Expense $1,500
  • Maintenance Expense $8,767
  • Manager Expense $3,200
  • Other Expense $160
  • Utility Expense $1,395
  • Trash Expense $796
  • Operating Expense $37,258
  • Gross Income $74,496

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

9,165 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2402
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Living Sq Ft: 2402
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 256

Lot Info

  • Lot Acres: 0.2104
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9165.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9165.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.22
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1500
  • Expense Landscape: 3940
  • Expense Maintenance: 8767
  • Expense Management: 3200
  • Expenses Other: 160
  • Expenses Total: 37258
  • Expenses Utility: 1395
  • Expense Trash: 796
  • Income Annual Gross: 74496.00
  • Income Annual Rental: 76800
  • Income Gross Scheduled: 76800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance, Miscellaneous/Other, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water
  • Vacancy Factor: 3
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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
11/21/2017 11/21/17 Sold $1,550,000 +10.8% $645 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
10/13/2017 10/13/17 For Sale $1,399,000 -- $582 / Sq Ft
Source: MLSListings

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 $22,637 $1,763,630 $1,479,176 $284,454
2024 $22,637 $1,729,050 $1,450,173 $278,877
2023 $22,386 $1,695,148 $1,421,739 $273,409
2022 $22,202 $1,661,911 $1,393,862 $268,049
2021 $21,885 $1,629,326 $1,366,532 $262,794
2020 $21,447 $1,612,620 $1,352,520 $260,100
2019 $20,986 $1,581,000 $1,326,000 $255,000
2018 $20,392 $1,550,000 $1,300,000 $250,000
2017 $6,103 $339,160 $122,496 $216,664
2016 $5,907 $332,511 $120,095 $212,416
2015 $5,857 $327,518 $118,292 $209,226
2014 $4,897 $321,103 $115,975 $205,128
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81681521

MLSListings

APN: 381-48-101

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