Dan Morrison
Morrison Real Estate
(916) 866-3966
38 Total Sales
1 in Blackford
$1,865,000 Price
994 Gretchen Ln San Jose, CA 95117
Blackford Neighborhood
4
Beds
2
Baths
1,536
Sq Ft
7,026
Sq Ft Lot
Highlights
- Ceiling Fan
- Easterbrook Discovery Rated A
- 1-Story Property
About This Home
As of September 2020One unit vacant, open Tuesday 8/18/2020 1PM-2:30PM & Thursday 8/20/2020 1PM-2:30PM Marcus & Millichap is pleased to present 994-996 Gretchen Ln, a conveniently located duplex in the Blackford neighborhood of West San Jose. The property consists of 2 two-bedroom, 1-bathroom units with separate washer/dryer, garage, and private fenced yards. 994 Gretchen Ln will be delivered vacant, while unit 996 is currently receiving market rent from long term tenants. The perfect opportunity for an investor or owner-user, this property is priced to sell quickly. Recent closings for duplex properties on/surrounding Gretchen Ln range between $1455000- $1800000, with many updates to surrounding 2-unit properties.
Last Agent to Sell the Property
Marcus & Millichap License #01873218 Listed on: 07/15/2020
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Property Details
Home Type
- Multi-Family
Year Built
- 1960
Lot Details
- 7,026
Parking
- 2 Car Garage
Home Design
- Duplex
- Wood Frame Construction
- Shingle Roof
Interior Spaces
- 1,536 Sq Ft Home
- 1-Story Property
- Ceiling Fan
Additional Features
- 7,026 Sq Ft Lot
- Wall Furnace
Listing and Financial Details
- Total Actual Rent $58,380
Community Details
Overview
Building Details
- 1 Leased Unit
- Gardener Expense $1,440
- Insurance Expense $1,291
- Maintenance Expense $1,500
- Other Expense $600
- Operating Expense $19,131
- Gross Income $56,629
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
Jul 15, 2020
Closed on
Sep 12, 2020
Sold by
Bought by
Seller's Agent
Phillip Batlin
Marcus & Millichap
Buyer's Agent
Eric Tran
Intero Real Estate Services
List Price
$1,299,000
Sold Price
$1,210,000
Premium/Discount to List
-$89,000
-6.85%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$968,000
Outstanding Balance
$839,485
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 2, 1994
Sold by
Bought by
Purchase Details
Closed on
May 19, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Blackford, CA
-
Dan Morrison
-
Amit Urban
Amit Urban
BellStreet Inc.
(669) 356-8323
18 Total Sales
1 in Blackford
$1,787,500 Price
-
Paul LeJoy
Paul LeJoy
Pacific Realty Partners
(650) 540-7685
43 Total Sales
1 in Blackford
$840,000 Price
-
Vito Scarnecchia
Vito Scarnecchia
Abitano
(669) 206-1962
29 Total Sales
1 in Blackford
$2,275,000 Price
-
Bill Robertson
Bill Robertson
Coldwell Banker Realty
(562) 280-2922
73 Total Sales
1 in Blackford
$1,650,000 Price
-
Amol Heda
Amol Heda
KW Bay Area Estates
(669) 221-8510
51 Total Sales
1 in Blackford
$1,325,000 Price
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 |
|---|---|---|---|
| $1,210,000 | First American Title | ||
| -- | -- | ||
| -- | Gateway Title Company |
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 | $968,000 |
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 |
|---|---|---|---|---|
| 09/18/2020 09/18/20 | Sold | $1,210,000 | +1.0% | $788 / Sq Ft |
| 08/24/2020 08/24/20 | Pending | -- | -- | -- |
| 08/16/2020 08/16/20 | Price Changed | $1,198,000 | -7.8% | $780 / Sq Ft |
| 07/15/2020 07/15/20 | For Sale | $1,299,000 | -- | $846 / 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 | $18,897 | $1,335,935 | $1,159,284 | $176,651 |
| 2025 | $18,433 | $1,309,741 | $1,136,553 | $173,188 |
| 2024 | $18,433 | $1,284,061 | $1,114,268 | $169,793 |
| 2023 | $18,433 | $1,258,884 | $1,092,420 | $166,464 |
| 2022 | $17,893 | $1,234,200 | $1,071,000 | $163,200 |
| 2021 | $17,558 | $1,210,000 | $1,050,000 | $160,000 |
| 2020 | $3,072 | $76,416 | $24,688 | $51,728 |
| 2019 | $2,936 | $74,918 | $24,204 | $50,714 |
| 2018 | $2,852 | $73,450 | $23,730 | $49,720 |
| 2017 | $2,798 | $72,011 | $23,265 | $48,746 |
| 2016 | $2,628 | $70,600 | $22,809 | $47,791 |
| 2015 | $2,591 | $69,541 | $22,467 | $47,074 |
| 2014 | $1,701 | $68,179 | $22,027 | $46,152 |
Source: Public Records
Agents Affiliated with this Home
-
Phillip Batlin
P
Seller's Agent in 2020
Phillip Batlin
Marcus & Millichap
(415) 625-2189
22 Total Sales
-
Eric Tran
Buyer's Agent in 2020
Eric Tran
Intero Real Estate Services
(408) 508-7900
133 Total Sales
Map
Source: MLSListings
MLS Number: ML81801233
APN: 299-36-015
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