NOT LISTED FOR SALE
8 Beds
5 Baths
3,492 Sq Ft
6,970 Sq Ft Lot

Last Sold February 09, 2016

Last sale price $1,500,000 $430 Per Sq Ft

55 Days on Market

Highlights

  • 1 Car Attached Garage
  • Leigh High School Rated A
  • Forced Air Heating System

About This Home

As of February 2016

3789 Starview Drive is a four-unit apartment building located in the single family neighborhood of Cambrian Park in San Jose, California. The property consists of 1 3Bd/2bth unit, 2 2bd/1bth units and 1 1Bd/1bth unit. Three of the four units have be updated with granite countertops, replacement of sinks and cabinets, updated doors and new flooring. Exterior renovations include fresh paint, double-pane windows and new railings for the top floor private balconies. *Financials based on proforma numbers

Last Agent to Sell the Property

Adam Levin

Marcus & Millichap License #01462752 Listed on: 10/13/2015

Last Buyer's Agent

Donald Teague

RE/MAX Properties West License #00678991

Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,970

Parking

  • 1 Car Attached Garage
  • 3 Carport Spaces

Home Design

  • 3,492 Sq Ft Home
  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $118,140
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $1,128
  • Maintenance Expense $2,000
  • Other Expense $1,200
  • Utility Expense $7,200
  • Operating Expense $30,755
  • Gross Income $115,735

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

6,970 Sq Ft Lot

Parking

1

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3492
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3492

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, Carport
  • Carport Min: 3

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7742.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7742.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 12.57
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1128
  • Expense Maintenance: 2000
  • Expenses Other: 1200
  • Expenses Total: 30755
  • Expenses Utility: 7200
  • Income Annual Gross: 115735.00
  • Income Annual Rental: 118140
  • Income Gross Scheduled: 119314
  • Income Includes: Laundry, Rents
  • Income Other: 1174
  • Meters: Master Water, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Miscellaneous/Other, Reserve Fund
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Vacancy Factor: 3
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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
02/09/2016 02/09/16 Sold $1,500,000 0.0% $430 / Sq Ft
12/08/2015 12/08/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $1,500,000 -- $430 / 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 $23,091 $1,775,690 $1,183,794 $591,896
2024 $23,091 $1,740,874 $1,160,583 $580,291
2023 $22,935 $1,706,740 $1,137,827 $568,913
2022 $22,550 $1,673,275 $1,115,517 $557,758
2021 $22,146 $1,640,467 $1,093,645 $546,822
2020 $21,254 $1,623,648 $1,082,432 $541,216
2019 $21,044 $1,591,812 $1,061,208 $530,604
2018 $20,483 $1,560,600 $1,040,400 $520,200
2017 $20,179 $1,530,000 $1,020,000 $510,000
2016 $13,744 $1,031,040 $792,238 $238,802
2015 $13,554 $1,015,553 $780,338 $235,215
2014 $13,143 $995,661 $765,053 $230,608
Source: Public Records

Agents Affiliated with this Home

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Source: MLSListings

MLS Number: ML81518611

MLSListings

APN: 421-01-106

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