NOT LISTED FOR SALE

855 S 3rd St San Jose, CA 95112

Spartan-Keyes Neighborhood
11 Beds
-- Bath
2,604 Sq Ft
8,276 Sq Ft Lot

Last Sold June 17, 2014

Last sale price $795,000 $305 Per Sq Ft

72 Days on Market

Highlights

  • Neighborhood Views
  • Level Lot
  • Wall to Wall Carpet
  • Forced Air Zoned Heating System

About This Home

As of June 2014

Great triplex in the downtown area of San Jose. Property fully occupied as rooms only. Rents are low per seller. Victorian style with two units in the front and a rear unit. Good location and accessible to public transportation. Garage sustained fire damage and is being rebuilt with permits. No cost to buyer. No other damage to structure. Property is well maintained.

Last Agent to Sell the Property

Dave Gonzalez

Legacy Real Estate & Associates License #01290522 Listed on: 02/25/2014

Last Buyer's Agent

Dave Gonzalez

Legacy Real Estate & Associates License #01290522 Listed on: 02/25/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • 1898

Lot Details

  • 8,276

Parking

  • No Garage

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,604 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Oven or Range

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Zoned Heating System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Level Lot

Listing and Financial Details

  • Total Actual Rent $77,400
  • The owner pays for electric, garbage, gas, heating, water

Community Details

Overview

  • 3 Units
  • 2,604 Sq Ft Building

Building Details

  • Insurance Expense $2,500
  • Maintenance Expense $12,000
  • Utility Expense $8,400
  • Trash Expense $1,092
  • Operating Expense $35,586
  • Gross Income $77,400

Property Details

Home Type

Multi-Family

Year Built

1898

Lot Details

0

Listing Details

  • Zoning: M1
  • Subclass: Triplex
  • Sale Price Per Sq Ft: 305.30
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 2604
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1898

Interior Features

  • Kitchen: Oven Range, Varies By Unit, Refrigerator
  • Living Sq Ft: 2604
  • Stories: 2
  • Laundry: Laundry - No
  • Flooring: Laminate, Carpet - Wall To Wall, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: No Garage, No Parking

Utilities

  • Heating System: Heating - 2+ Zones, Central Forced Air, Gas
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8625.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8625.00
  • Lot Size Area Min Search: 8625.00
  • Maximum Lot Size: 8625.00

Green Features

  • Energy Features: Insulated Water Heater, Insulation - Unknown

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 10.27

Multi Family

  • Expense Insurance: 2500
  • Expense Maintenance: 12000
  • Expenses Total: 35586
  • Expenses Utility: 8400
  • Expense Trash: 1092
  • Expense Water Sewer: 3000
  • Income Annual Gross: 77400.00
  • Income Annual Rental: 77400
  • Income Gross Scheduled: 77400
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Gas, Separate Water, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 2
  • Operating Expenses Include: Utilities - Electric, Services - Trash Removal, Utilities - Gas, Utilities - Heat, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Electric, Garbage, Gas, Heating, Water

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2014 06/17/14 Sold $795,000 0.0% $305 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
02/25/2014 02/25/14 For Sale $795,000 -- $305 / 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 $12,827 $980,027 $588,534 $391,493
2024 $12,827 $960,812 $576,995 $383,817
2023 $12,667 $941,974 $565,682 $376,292
2022 $12,776 $923,505 $554,591 $368,914
2021 $12,577 $905,398 $543,717 $361,681
2020 $13,111 $896,115 $538,142 $357,973
2019 $12,822 $878,545 $527,591 $350,954
2018 $11,950 $861,320 $517,247 $344,073
2017 $11,871 $844,432 $507,105 $337,327
2016 $11,690 $827,875 $497,162 $330,713
2015 $11,051 $810,883 $479,390 $331,493
2014 $9,118 $532,854 $282,099 $250,755
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dave Gonzalez

    Legacy Real Estate & Associates

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Map

Source: MLSListings

MLS Number: ML81405852

MLSListings

APN: 472-17-085

California Santa Clara County San Jose 95112 Spartan-Keyes

855 S 3rd St, San Jose, CA

Not Listed for Sale

MultiFamily

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