NOT LISTED FOR SALE
4 Beds
2 Baths
1,766 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: March 1, 2024

Last sale price $1,225,000 $694 Per Sq Ft

19 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Tile Countertops
  • Spanish Architecture
  • Tandem Parking
  • Storage Room

About This Home

As of March 2024

This home is located at 862 Myrtle St, San Jose, CA 95126 since 12 January 2024. This property was built in 1948. 862 Myrtle St is a home located in Santa Clara County.

Last Agent to Sell the Property

Dennis Moreno

MGM Real Estate License #00409846 Listed on: 01/12/2024

Co-Listed By

Laura Moreno Little

MGM Real Estate License #01323410

Last Buyer's Agent

Laura Moreno Little

MGM Real Estate License #01323410

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1948

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Detached Garage
  • Tandem Parking
  • Guest Parking

Home Design

  • Spanish Architecture
  • Wood Frame Construction
  • Rolled or Hot Mop Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,766 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Utilities

  • Floor Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $42,840

Community Details

Overview

  • 1,766 Sq Ft Building

Building Details

  • Gardener Expense $4,800
  • Insurance Expense $1,800
  • Maintenance Expense $5,000
  • Utility Expense $1,800
  • Trash Expense $1,200
  • Operating Expense $26,600
  • Gross Income $41,983

Property Details

Home Type

Multi-Family

Year Built

1948

Lot Details

6,970 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Multiple Dwellings / Structures
  • Style: Spanish
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1766
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1948

Interior Features

  • Kitchen: Countertop - Tile, Hookups - Gas, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1766
  • Stories: 2
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Rolled Composition
  • Yard/Grounds: Back Yard, Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage, Guest / Visitor Parking, Parking Restrictions, Tandem Parking

Utilities

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

Lot Info

  • Lot Acres: 0.1600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6970.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6970.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 27.99

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1800
  • Expense Landscape: 4800
  • Expense Maintenance: 5000
  • Expenses Total: 26600
  • Expenses Utility: 1800
  • Expense Trash: 1200
  • Income Annual Gross: 41983.00
  • Income Annual Rental: 42840
  • Income Gross Scheduled: 42840
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Maintenance - Elevator
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Vacancy Factor: 2

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
Jan 12, 2024
Closed on
Feb 19, 2024
Sold by
Bought by
Seller's Agent
Dennis Moreno
MGM Real Estate
Buyer's Agent
Laura Moreno Little
MGM Real Estate
List Price
$1,199,000
Sold Price
$1,225,000
Premium/Discount to List
$26,000
2.17%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$918,750
Outstanding Balance
$894,165
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 1995
Sold by
Bought by
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
$1,225,000 Old Republic Title
-- None Available
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 $918,750
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
03/01/2024 03/01/24 Sold $1,225,000 +2.2% $694 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/16/2024 01/16/24 For Sale $1,199,000 -2.1% $679 / Sq Ft
01/16/2024 01/16/24 Off Market $1,225,000 -- --
01/12/2024 01/12/24 For Sale $1,199,000 -- $679 / 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 $17,500 $1,274,490 $1,040,400 $234,090
2025 $15,896 $1,249,500 $1,020,000 $229,500
2024 $15,896 $1,173,000 $969,000 $204,000
2023 $4,330 $174,341 $61,525 $112,816
2022 $4,276 $170,923 $60,319 $110,604
2021 $4,093 $167,573 $59,137 $108,436
2020 $3,894 $165,856 $58,531 $107,325
2019 $3,758 $162,605 $57,384 $105,221
2018 $3,681 $159,417 $56,259 $103,158
2017 $3,626 $156,292 $55,156 $101,136
2016 $3,463 $153,228 $54,075 $99,153
2015 $3,422 $150,927 $53,263 $97,664
2014 $2,541 $147,971 $52,220 $95,751
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81951271

MLSListings

APN: 261-12-007

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