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Sold for $1,360,000 · Apr 2022

SOLD

Listed at $1,328,000

Sold

1415 Tami Lee Drive, San Jose, CA 95122

San Jose, CA

MLS# ML81879300

3,264 Sq Ft • Quadruplex
17 days on market

Listing Agent

Nate Gustavson

Listing Agent

Compass

DRE #: 01898316

Brokerage: Compass

Property Details

N/A

Bedrooms

0

Bathrooms

3,264 sqft

Square Feet

1970

Year Built

7,913 sqft

Lot Size

$417

Price/Sq Ft

0

Garage Spaces

$280/mo

HOA

Quadruplex

Property Type

Description

The Gustavson Group of Compass Commercial is pleased to announce the exclusive marketing of 1415 Tami Lee Drive, in San Jose, California. Over 45% upside from current rents to market rents, this is an amazing opportunity to increase your cashflow to over a 5.40% cap rate. All exterior Section 1 work is on schedule to be repaired, replaced, and completed by 3/15/22. Priced well-below the comparable sales.

Listing description from the April 2022 sale, as reported to CRMLS.

Facts & Features

Details

Cooling
None
Heating
WallFurnace
Taxes
$19,400/yr

Sale history for 1415 Tami Lee Drive

2 recorded sales

$1,360,000
Sold April 2022 · listed $1,328,000, on market February 2022, 17 days on market · MLS #ML81879300 · Source: CRMLS
Listing Agent: Nate Gustavson · Listing Office: Compass · Contact: (415) 874-5000 · Bought with: Nate Gustavson · Compass
$1,160,000
Sold June 2020 · listed $1,200,000, on market April 2020, 2 days on market · MLS #ML81790392 · Source: CRMLS
Listing Agent: Douglas Goss · Listing Office: KW Bay Area Estates · Contact: (408) 560-9000 · Bought with: Ana Pace · Coldwell Banker Realty

How this sale compares

1415 Tami Lee Drive sold for $1,360,000 in April 2022, 2.4% over its $1,328,000 list price, after 17 days on the market. That works out to $417 per square foot on 3,264 square feet. Across 36 closed sales in 95122 over the last 12 months, the median sold price is $960,000 and the median is $754 per square foot, 81% above this sale's $417.

$417
This sale, per sq ft
$754
95122 median per sq ft (12 mo)
$960,000
95122 median sold price (12 mo)
36
Closed sales in 95122 (12 mo)
17
Days on market
+2.4%
Sold vs. list price
QuarterClosed sales in 95122Median sold price
Q1 20266$989,000
Q2 202616$920,000
Q3 202613$960,000
Q4 20261$966,500

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in San Jose · Homes for sale in 95122

Recent sales near 1415 Tami Lee Drive

Closed sales reported in 95122, newest first, last 12 months. All recent sales in San Jose →

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