NOT LISTED FOR SALE

841 Sharmon Palms Ln Campbell, CA 95008

San Tomas Neighborhood
8 Beds
4 Baths
3,328 Sq Ft
8,655 Sq Ft Lot

Last Sold November 03, 2017

Last sale price $1,650,000 $496 Per Sq Ft

53 Days on Market

About This Home

As of November 2017

Great Investment Opportunity in Campbell * 4 unit building all units with 2 bedrooms / 1 bath * Campbell Union Schools * Conveniently located close to San Tomas Expwy, Highway 17/880 and Highway 85 * One unit is currently vacant in case you're interested in owner occupancy * On site, coin operated laundry * Corner building with upside potential! *

Last Agent to Sell the Property

Douglas Williams

Compass License #00608644 Listed on: 08/30/2017

Compass

Last Buyer's Agent

Lakshmi Sathyanarayana

Maxreal License #01472095

Maxreal

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 8,655 Sq Ft Lot

Home Design

  • Quadruplex
  • Slab Foundation

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • Assigned Parking

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $112,680

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $1,400
  • Maintenance Expense $5,000
  • Manager Expense $6,000
  • Other Expense $2,000
  • Utility Expense $1,200
  • Trash Expense $1,800
  • Operating Expense $35,200
  • Gross Income $112,680

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Age: 56
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3328
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 3328
  • Stories: 2
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 2

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High
  • Elementary School: Capri Elementary
  • Middle School: Rolling Hills Middle
  • High School: Westmont High
  • High School: 242
  • Elementary School: 51
  • Middle School: 63

Lot Info

  • Lot Acres: 0.1987
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8657.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8657.00

Rental Info

  • Gross Rent Multiplier: 14.09
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 1400
  • Expense Landscape: 1800
  • Expense Maintenance: 5000
  • Expense Management: 6000
  • Expenses Other: 2000
  • Expenses Total: 35200
  • Expenses Utility: 1200
  • Expense Trash: 1800
  • Income Annual Gross: 112680.00
  • Income Annual Rental: 112680
  • Income Gross Scheduled: 112680
  • Meters: Master Electric, Master Gas, Master Water, Separate Common Area
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Range of Values:

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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
11/03/2017 11/03/17 Sold $1,650,000 +3.9% $496 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/21/2017 10/21/17 For Sale $1,588,000 0.0% $477 / Sq Ft
09/14/2017 09/14/17 Price Changed $1,588,000 +6.7% $477 / Sq Ft
09/10/2017 09/10/17 Pending -- -- --
08/30/2017 08/30/17 For Sale $1,488,000 -- $447 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Douglas Williams

    Compass

    Section Image

  • L

    Buyer's Agent in 2017

    Lakshmi Sathyanarayana

    Maxreal

    Section Image
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Map

Source: MLSListings

MLS Number: ML81676039

MLSListings

APN: 404-32-001

California Santa Clara County Campbell 95008 San Tomas

841 Sharmon Palms Ln, Campbell, CA

This home is located at 841 Sharmon Palms Ln, Campbell, CA 95008 since 30 August 2017. This property was built in 1961. 841 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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