NOT LISTED FOR SALE
8 Beds
-- Bath
3,580 Sq Ft
7,405 Sq Ft Lot

Sale Details

Date Sold: May 31, 2012

Last sale price $815,000 $228 Per Sq Ft

20 Days on Market

Highlights

  • Neighborhood Views
  • Forced Air Heating System
  • Wall to Wall Carpet
  • Balcony
  • Laundry Facilities

About This Home

As of May 2012

Regular sale of four unit complex in good condition! Great mix of units: 1 - 3 Bedrooms, 2 Bath, 2 - 2 Bedrooms, 1 Bath,1 - 1 Bedroom, 1 Bath. Each unit has an assigned carport space and storage. Centrally located, close to Hwy 17 and 280. Near San Jose City College and lots of great shopping. PLEASE DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Stephanie Golden

Corcoran Icon Properties License #00470080 Listed on: 03/09/2012

Corcoran Icon Properties

Last Buyer's Agent

Stephanie Golden

Corcoran Icon Properties License #00470080 Listed on: 03/09/2012

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,405

Parking

  • Carport

Home Design

  • Quadruplex
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,580 Sq Ft Home
  • Neighborhood Views
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $61,704
  • The owner pays for garbage, services - gardener/landscaping, water

Community Details

Building Details

  • Gardener Expense $1,200
  • Insurance Expense $3,200
  • Maintenance Expense $2,000
  • Other Expense $500
  • Trash Expense $1,100
  • Operating Expense $20,307
  • Gross Income $62,904

Additional Features

  • 3,580 Sq Ft Building
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone
  • Sale Price Per Sq Ft: 227.65
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 3580
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Garbage Disposal, Refrigerator
  • Living Sq Ft: 3580
  • Laundry: 220 Volt Outlet, Washer/Dryer - Owned, Washer/Dryer - Owned Coin-Op, Community Facility
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tile
  • View: Local/Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Parking Features: Carport, Spaces Per Unit - 1

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Storage Locker

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7405.00
  • Lot Size Area Min Search: 7405.00
  • Maximum Lot Size: 7405.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.51

Multi Family

  • Expense Insurance: 3200
  • Expense Landscape: 1200
  • Expense Maintenance: 2000
  • Expenses Other: 500
  • Expenses Total: 20307
  • Expense Trash: 1100
  • Expense Water Sewer: 1200
  • Income Annual Gross: 62904.00
  • Income Annual Rental: 61704
  • Income Gross Scheduled: 62904
  • Income Includes: Laundry
  • Income Laundry: 1200
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Water, Insurance, Maintenance - Laundry, Maintenance - Repair, Fee - Property Tax, Services - Sewer
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Water
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Cable Tv
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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
05/31/2012 05/31/12 Sold $815,000 -4.1% $228 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
03/09/2012 03/09/12 For Sale $849,950 -- $237 / 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 $14,779 $1,023,674 $646,863 $376,811
2024 $14,779 $1,003,603 $634,180 $369,423
2023 $14,446 $983,926 $621,746 $362,180
2022 $14,353 $964,634 $609,555 $355,079
2021 $14,026 $945,720 $597,603 $348,117
2020 $13,692 $936,024 $591,476 $344,548
2019 $13,507 $917,672 $579,879 $337,793
2018 $13,141 $899,679 $568,509 $331,170
2017 $12,967 $882,039 $557,362 $324,677
2016 $12,246 $864,745 $546,434 $318,311
2015 $12,056 $851,757 $538,227 $313,530
2014 $11,208 $835,073 $527,684 $307,389
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81209091

MLSListings

APN: 284-27-042

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