NOT LISTED FOR SALE
10 Beds
6 Baths
4,068 Sq Ft
8,843 Sq Ft Lot

Last Sold May 13, 2016

Last sale price $2,050,000 $504 Per Sq Ft

13 Days on Market

Highlights

  • 1 Car Detached Garage
  • Fireplace
  • Tile Flooring
  • Sutter Elementary School Rated A
  • Tile Countertops
  • Washer and Dryer

About This Home

As of May 2016

PRIME & DESIRABLE SANTA CLARA LOCATION,CLOSE TO NEW APPLE CAMPUS & KAISER**PREFER AS-IS**CONFIGURED LIKE 2 DUPLEXES ON 2 STREETS**3442-3444 HOMESTEAD RD & 3441-3443 PRINCETON WAY**COMPLETE FRESH EXTERIOR PAINT**1 CAR GARAGE EACH UNIT**2 UNITS HAVE PATIOS & 2 UNITS HAVE SIDE YARDS**PERFECT FOR INVESTMENT**TENANT OCCUPIED**DO NOT DISTURB OCCUPANTS**DRIVE BY ONLY**

Last Agent to Sell the Property

Glen La Barber, GRI

Hill & Co. Realtors License #01258125 Listed on: 04/06/2016

Last Buyer's Agent

John Chao

Action Properties License #01314661

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 8,843 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Detached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,068 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $94,750
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,830
  • Insurance Expense $1,200
  • Maintenance Expense $14,842
  • Manager Expense $9,480
  • Other Expense $1,779
  • Utility Expense $4,397
  • Operating Expense $37,265
  • Gross Income $94,750

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

0

Parking

1

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Style: Unknown
  • Age: 52
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4068
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Synthetic, Countertop - Tile, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 4068
  • Stories: 1
  • Laundry: Hookups Only, Washer/Dryer - Some Units
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Fenced
  • Construction Type: Brick (Unreinforced), Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking, On Street

Utilities

  • Heating System: Fireplace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.2030
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8851.39
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8851.39

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 21.11
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1830
  • Expense Maintenance: 14842
  • Expense Management: 9480
  • Expenses Other: 1779
  • Expenses Total: 37265
  • Expenses Utility: 4397
  • Income Annual Gross: 94750.00
  • Income Annual Rental: 94750
  • Income Gross Scheduled: 94750
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Accounting/Legal, Fee - Property Management, Maintenance - Repair, Services - Gardener, Services - Sewer, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric

Range of Values:

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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 Change Sq Ft Price
05/13/2016 05/13/16 Sold $2,050,000 +2.5% $504 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/06/2016 04/06/16 For Sale $1,999,888 -- $492 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81578835

MLSListings

APN: 293-03-005