NOT LISTED FOR SALE

Estimated Value: $975,000 - $1,267,000

-- Bed
1 Bath
2,000 Sq Ft
$587/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $1,260,000 $630 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $7,252/month

24 Days on Market

Highlights

  • Contemporary Architecture
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA
  • Ceiling Fan
  • 5-minute walk to Plata Arroyo Park

About This Home

As of August 2024

Wow, take a look at this income-generating duplex situated on a 10,328 sq.ft lot! The owner has invested thousands of dollars in renovating both units. The renovations include new plumbing, vinyl flooring, windows, bathrooms, kitchen, central heating and air, tankless water heaters, interior paint, fixtures, and much more. All the hard work has already been done! This is a fantastic opportunity for an investor or an owner-occupant. You can live in one unit and rent out the other. The units are configured as follows: 2 bedrooms and 1 bathroom, approximately 800 sq. ft. and 3 bedrooms and 2 bathrooms, approximately 1200 sq. ft.. Additionally, you can build up to 2 ADUs on this lot. Talk about income potential woohoo!

Last Agent to Sell the Property

Donny Piwowarski

Hero Real Estate License #01444374 Listed on: 04/05/2024

Last Buyer's Agent

Morgan Nguyen

10X Realty Mortgage License #02026459

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot

Home Design

  • Duplex
  • Contemporary Architecture
  • Raised Foundation
  • Stucco

Interior Spaces

  • 2,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Laundry in unit

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 481-12-079

Community Details

Overview

  • No Home Owners Association

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Year Built: 1920
  • Architectural Style: Contemporary
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Price Per Square Foot: 630.00
  • Square Footage: 2000.00
  • ResoLivingAreaSource: Owner

Exterior Features

  • Builder Name: 2
  • Construction Materials: Stucco, Wood
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1299950.00
  • Lot Features: None
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Parking Features: Open, Street

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s), Central
  • Heating: Central
  • Laundry Features: In Each Unit
  • Water Source: Water District, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: San Jose Unified

Lot Info

  • Zoning Description: R2
  • Irrigation: Public District
  • Lot Size Acres: 0.2300
  • Lot Size Sq Ft: 10019.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 1

Tax Info

  • Assessor Parcel Number: 481-12-079
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Santa Clara

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2024
Closed on
Jul 31, 2024
Sold by
Valencia Teo and Valencia Vilma
Bought by
Do Anna Nga and Vo Vicki
Seller's Agent
Donny Piwowarski
Hero Real Estate
Buyer's Agent
Morgan Nguyen
10X Realty Mortgage
List Price
$1,299,950
Sold Price
$1,260,000
Premium/Discount to List
-$39,950
-3.07%
Views
114
Current Estimated Value
$1,174,579

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,421
Avg. Annual Appreciation
-5.00%
Original Mortgage
$600,000
Outstanding Balance
$593,197
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$581,382

Purchase Details

Closed on
Mar 26, 2024
Sold by
Eyvaznejad Rameil and Safar Noela
Bought by
Valencia Teo and Valencia Vilma

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 23, 2021
Sold by
Vierra Michael Anthony
Bought by
Valencia Teo and Valencia Vilma
Seller's Agent
Margaret Vierra
EXIT Realty Consultants
Buyer's Agent
Juan Carlos Bustillos
EXIT Realty Consultants
List Price
$899,000
Sold Price
$899,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$674,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Do Anna Nga $1,260,000 Fidelity National Title Compan
Valencia Teo $112,500 None Listed On Document
Valencia Teo $899,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Do Anna Nga $600,000
Previous Owner Valencia Teo $674,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2024 08/19/24 Sold $1,260,000 -3.1% $630 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/05/2024 04/05/24 For Sale $1,299,950 +44.6% $650 / Sq Ft
06/29/2021 06/29/21 Sold $899,000 0.0% $409 / Sq Ft View Prior Sale
04/15/2021 04/15/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $899,000 -- $409 / Sq Ft
Source: MetroList

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 $13,387 $1,260,000 $995,000 $265,000
2024 $13,387 $954,024 $743,906 $210,118
2023 $13,107 $935,319 $729,320 $205,999
2022 $12,970 $916,980 $715,020 $201,960
2021 $5,932 $324,912 $141,626 $183,286
2020 $5,702 $321,581 $140,174 $181,407
2019 $5,531 $315,276 $137,426 $177,850
2018 $5,441 $309,095 $134,732 $174,363
2017 $5,375 $303,036 $132,091 $170,945
2016 $5,201 $297,095 $129,501 $167,594
2015 $5,152 $292,633 $127,556 $165,077
2014 $4,260 $286,902 $125,058 $161,844
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224033634

MetroList

APN: 481-12-079