NOT LISTED FOR SALE
9 Beds
6 Baths
3,828 Sq Ft
7,362 Sq Ft Lot

Sale Details

Date Sold: March 30, 2021

Last sale price $1,900,000 $496 Per Sq Ft

About This Home

As of March 2021

Great location just off Winchester Blvd and close to Santana Row. Property interior has some upgrades. Gross rental $9500/month, all tenants current on rents. nice layout of large units and well taken care off by Ownership and property management. No signs on property. Please do not talk to any tenants about the property. All question to be directed to listing agent.

Last Agent to Sell the Property

Sandeep Gupta

Sandeep Gupta, Broker License #01984344 Listed on: 02/24/2021

Last Buyer's Agent

Joel Padama

Legacy Real Estate & Assoc. License #01875999

Legacy Real Estate & Assoc.
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1966

Lot Details

  • 7,362 Sq Ft Lot

Parking

  • 6 Car Garage
  • Varies By Unit

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 3,828 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $114,000

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,560
  • Insurance Expense $2,219
  • Maintenance Expense $6,064
  • Manager Expense $6,482
  • Utility Expense $7,626
  • Operating Expense $46,266
  • Gross Income $113,454

Property Details

Home Type

Multi-Family

Year Built

1966

Lot Details

7,362 Sq Ft Lot

Parking

6

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3828
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Living Sq Ft: 3828
  • Stories: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 6
  • Garage Parking Features: Varies By Unit

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1690
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7361.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7361.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 16.32
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 2219
  • Expense Landscape: 1560
  • Expense Maintenance: 6064
  • Expense Management: 6482
  • Expenses Total: 46266
  • Expenses Utility: 7626
  • Income Annual Gross: 113454.00
  • Income Annual Rental: 114000
  • Income Gross Scheduled: 114600
  • Income Includes: Laundry, Rents
  • Income Other: 600
  • Meters: Master Gas, Master Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance - Capital Improvements, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

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
Feb 24, 2021
Closed on
Mar 24, 2021
Sold by
Bought by
Seller's Agent
Sandeep Gupta
Sandeep Gupta, Broker
Buyer's Agent
Joel Padama
Legacy Real Estate & Assoc.
List Price
$1,870,000
Sold Price
$1,900,000
Premium/Discount to List
$30,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,055,000
Outstanding Balance
$926,748
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 24, 2021
Closed on
Feb 27, 2021
Sold by
Bought by
Seller's Agent
Sandeep Gupta
Sandeep Gupta, Broker
Buyer's Agent
Joel Padama
Legacy Real Estate & Assoc.
List Price
$1,870,000
Sold Price
$1,900,000
Premium/Discount to List
$30,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,055,000
Outstanding Balance
$926,748
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 6, 2016
Closed on
Jul 25, 2016
Sold by
Bought by
Seller's Agent
Steven McCoy
Realty World-Silicon Valley
Buyer's Agent
Sandeep Gupta
Sandeep Gupta, Broker
List Price
$1,665,000
Sold Price
$1,600,000
Premium/Discount to List
-$65,000
-3.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$960,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 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
$200,000
Interest Rate
5.83%

Purchase Details

Closed on
Jan 7, 1999
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
$171,100
Interest Rate
6.66%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- Stewart Title
$1,900,000 Stewart Title
$1,600,000 Chicago Title Company
-- First American Title Company
-- First American Title Company
-- First American Title Co
-- First American Title Co
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 $1,055,000
Previous Owner $960,000
Previous Owner $200,000
Previous Owner $171,100
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 Prior Sale
03/30/2021 03/30/21 Sold $1,900,000 +1.6% $496 / Sq Ft
02/25/2021 02/25/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $1,870,000 +16.9% $489 / Sq Ft
08/01/2016 08/01/16 Sold $1,600,000 -3.9% $418 / Sq Ft View Prior Sale
06/18/2016 06/18/16 Pending -- -- --
06/06/2016 06/06/16 For Sale $1,665,000 -- $435 / 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
2026 $23,450 $1,785,000 $1,450,000 $335,000
2025 $26,267 $2,056,619 $1,542,465 $514,154
2024 $26,267 $2,016,294 $1,512,221 $504,073
2023 $25,786 $1,976,760 $1,482,570 $494,190
2022 $25,579 $1,938,000 $1,453,500 $484,500
2021 $22,884 $1,715,521 $1,286,641 $428,880
2020 $22,428 $1,697,932 $1,273,449 $424,483
2019 $22,202 $1,664,640 $1,248,480 $416,160
2018 $21,609 $1,632,000 $1,224,000 $408,000
2017 $21,345 $1,600,000 $1,200,000 $400,000
2016 $8,319 $564,337 $179,986 $384,351
2015 $8,173 $555,861 $177,283 $378,578
2014 $7,788 $544,974 $173,811 $371,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81831300

MLSListings

APN: 299-27-054

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