NOT LISTED FOR SALE

847 Palm St San Jose, CA 95110

Washington-Guadalupe Neighborhood

Estimated Value: $1,444,000 - $1,660,000

6 Beds
5 Baths
3,520 Sq Ft
$437/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $1,380,000 $392 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,754/month

17 Days on Market

Highlights

  • Forced Air Heating System
  • 4-minute walk to Virginia Station
  • 1-Story Property
  • Willow Glen High School Rated 9+

About This Home

As of September 2023

99% rebuilt in 2014, only some framing from the original structure remains. Zoned R2, but built as a non-conforming triplex. Top floor unit A is 3BR/2BA at 1500 sq ft; lower level unit B is 2BR/2BA at 1375 sq ft; detached garage now houses fully equipped 1BR/1BA unit C at 645 sq ft. Ceiling fans, recess lightings, Anderson dual pane windows, engineering wood flooring, 16 inch tiles in kitchen and baths, inside laundry for each unit, Tankless water heaters. Tenant occupied.

Last Agent to Sell the Property

Lei Skov

Compass License #01368947 Listed on: 08/01/2023

Compass

Last Buyer's Agent

Narinder Kamboj

Compass License #01221049

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,705

Year Built

  • 2014

Lot Details

  • 5,933

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,520 Sq Ft Home
  • 1-Story Property

Parking

  • 3 Parking Spaces
  • No Garage

Additional Features

  • 5,933 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $87,600

Community Details

Overview

  • 3,520 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $1,853
  • Maintenance Expense $600
  • Trash Expense $1,780
  • Operating Expense $19,463
  • Gross Income $84,972

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,705

Year Built

2014

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Triplex
  • Age: 9
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3520
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 2014

Interior Features

  • Living Sq Ft: 3520
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: No Garage, Parking Area

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Available

Schools

  • School District: San Jose Unified
  • Elementary School: Gardner Elementary
  • High School: Willow Glen High
  • High School: 350
  • Elementary School: 364

Lot Info

  • Lot Acres: 0.1362
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5932.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5932.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.45
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1853
  • Expense Maintenance: 600
  • Expenses Total: 19463
  • Expense Trash: 1780
  • Income Annual Gross: 84972.00
  • Income Annual Rental: 87600
  • Income Gross Scheduled: 87600
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 8, 2023
Sold by
Lin Chienjung
Bought by
Lin Jee-Huey Wang
Seller's Agent
Lei Skov
Compass
Buyer's Agent
Narinder Kamboj
Compass
List Price
$1,600,000
Sold Price
$1,380,000
Premium/Discount to List
-$220,000
-13.75%
Views
42
Current Estimated Value
$1,538,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,136
Avg. Annual Appreciation
7.17%
Original Mortgage
$1,089,300
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 1, 2023
Closed on
Sep 7, 2023
Sold by
Lin Jee-Huey Wang
Bought by
Gupta Aman Kumar and Ruhial Monika
Seller's Agent
Lei Skov
Compass
Buyer's Agent
Narinder Kamboj
Compass
List Price
$1,600,000
Sold Price
$1,380,000
Premium/Discount to List
-$220,000
-13.75%
Views
42

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,089,300
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2015
Closed on
Apr 30, 2015
Sold by
Roulin Kevin Gerard
Bought by
Lin Jee Huey Wang
Seller's Agent
Gary Shapiro
Intero Real Estate Services
Buyer's Agent
JoeSue Wang
NAREIG
List Price
$850,000
Sold Price
$950,000
Premium/Discount to List
$100,000
11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%

Purchase Details

Closed on
Nov 9, 2010
Sold by
Nava Paul and Kawakami Aurora Nava
Bought by
Roulin Kevin Gerard

Purchase Details

Closed on
Jun 6, 2005
Sold by
Nava Lupe
Bought by
Nava Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Lin Jee-Huey Wang -- Chicago Title
Gupta Aman Kumar $1,380,000 Chicago Title
Lin Jee Huey Wang $950,000 Chicago Title Company
Roulin Kevin Gerard $205,000 Chicago Title Company
Nava Paul -- --
Kawakami Aurora Nava -- --
Nava Paul $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gupta Aman Kumar $1,077,800
Closed Gupta Aman Kumar $1,089,300
Previous Owner Nava Paul $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2023 09/26/23 Sold $1,380,000 -9.7% $392 / Sq Ft
08/19/2023 08/19/23 Pending -- -- --
08/11/2023 08/11/23 Price Changed $1,528,888 -4.4% $434 / Sq Ft
08/01/2023 08/01/23 For Sale $1,600,000 +68.4% $455 / Sq Ft
05/05/2015 05/05/15 Sold $950,000 +11.8% $270 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
04/15/2015 04/15/15 For Sale $850,000 -- $241 / 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 $18,705 $1,407,600 $1,101,600 $306,000
2024 $18,705 $1,380,000 $1,080,000 $300,000
2023 $18,705 $1,097,412 $823,062 $274,350
2022 $15,231 $1,075,895 $806,924 $268,971
2021 $14,868 $1,054,800 $791,102 $263,698
2020 $14,407 $1,043,986 $782,991 $260,995
2019 $14,049 $1,023,517 $767,639 $255,878
2018 $13,883 $1,003,449 $752,588 $250,861
2017 $13,758 $983,775 $737,832 $245,943
2016 $13,531 $964,486 $723,365 $241,121
2015 $7,395 $455,529 $159,900 $295,629
2014 $4,572 $316,603 $156,768 $159,835
Source: Public Records

Agents Affiliated with this Home

  • Lei Skov

    Seller's Agent in 2023

    Lei Skov

    Compass

    (408) 896-4360

    1 in this area

    34 Total Sales

    Lei Skov
    Section Image

  • N

    Buyer's Agent in 2023

    Narinder Kamboj

    Compass

    Section Image

  • D

    Buyer's Agent in 2023

    David Lasman

  • G

    Seller's Agent in 2015

    Gary Shapiro

    Intero Real Estate Services

    Section Image

  • J

    Buyer's Agent in 2015

    JoeSue Wang

    NAREIG

    Section Image
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Map

Source: MLSListings

MLS Number: ML81936836

MLSListings

APN: 264-39-046

California Santa Clara County San Jose 95110 Washington-Guadalupe

847 Palm St, San Jose, CA

This home is located at 847 Palm St, San Jose, CA 95110 since 01 August 2023 and is currently estimated at $1,538,136, approximately $436 per square foot. This property was built in 2014. 847 Palm St is a home located in Santa Clara County with nearby schools including Gardner Elementary School, Willow Glen Middle, and Willow Glen High School.

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