NOT LISTED FOR SALE

894 Bing Dr Santa Clara, CA 95051

7 Beds
5 Baths
3,315 Sq Ft
7,540 Sq Ft Lot Lot

Sale Details

Date Sold: December 5, 2018

Last sale price $1,925,000 $581 Per Sq Ft

83 Days on Market

About This Home

As of December 2018

Triplex in the city of Santa Clara. All tenants are month to month.

Last Agent to Sell the Property

Gary Naillon

Kellogg Realty Group, Inc. License #01202490 Listed on: 07/24/2018

Last Buyer's Agent

Moti Mizrahi

Keller Williams Thrive License #01209461

Keller Williams Thrive

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 7,540

Parking

  • 4 Car Attached Garage

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,315 Sq Ft Home
  • 2-Story Property

Additional Features

  • 7,540 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $72,000

Community Details

Overview

  • 3,315 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $250
  • Insurance Expense $200
  • Maintenance Expense $200
  • Manager Expense $300
  • Other Expense $200
  • Utility Expense $200
  • Trash Expense $150
  • Operating Expense $1,500
  • Gross Income $71,280

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

7,540 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3315
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3315
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

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

Lot Info

  • Lot Acres: 0.1731
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7542.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7542.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 30.49
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 200
  • Expense Landscape: 250
  • Expense Maintenance: 200
  • Expense Management: 300
  • Expenses Other: 200
  • Expenses Total: 1500
  • Expenses Utility: 200
  • Expense Trash: 150
  • Income Annual Gross: 71280.00
  • Income Annual Rental: 72000
  • Income Gross Scheduled: 72000
  • Income Includes: Lease
  • Meters: Master Electric
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Management
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Vacancy Factor: 1
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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
12/05/2018 12/05/18 Sold $1,925,000 -12.3% $581 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
09/19/2018 09/19/18 Price Changed $2,195,000 -8.4% $662 / Sq Ft
07/30/2018 07/30/18 Price Changed $2,395,000 -0.2% $722 / Sq Ft
07/24/2018 07/24/18 For Sale $2,400,000 -- $724 / Sq Ft
Source: MLSListings

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 $24,613 $2,147,369 $1,450,172 $697,197
2024 $24,613 $2,105,265 $1,421,738 $683,527
2023 $24,367 $2,063,986 $1,393,861 $670,125
2022 $23,951 $2,023,517 $1,366,531 $656,986
2021 $23,861 $1,983,841 $1,339,737 $644,104
2020 $23,429 $1,963,500 $1,326,000 $637,500
2019 $23,398 $1,925,000 $1,300,000 $625,000
2018 $6,449 $546,192 $184,520 $361,672
2017 $6,417 $535,483 $180,902 $354,581
2016 $6,305 $524,984 $177,355 $347,629
2015 $6,280 $517,099 $174,691 $342,408
2014 $5,966 $506,971 $171,270 $335,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81714487

MLSListings

APN: 290-40-042

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