1415 Tami Lee Drive in San Jose, California 95122 presents an enticing investment opportunity as a fourplex with a single building comprising four individual units, each with its own designated parking spaces. This property is ideally situated in San Jose, a bustling hub known for its robust economy and high demand for rental properties.Each unit within the fourplex offers independent living spaces, including bedrooms, bathrooms, kitchens, and living areas. The inclusion of individual parking spaces enhances the property's appeal, providing convenience and added value for tenants.Investing in a fourplex like this offers several advantages, including multiple income streams from rental units and potential for long-term appreciation in property value. Additionally, the property's location in San Jose positions it favorably for strong rental demand, potentially leading to stable occupancy rates and consistent rental income.1415 Tami Lee Drive represents an excellent opportunity for investors seeking to capitalize on the lucrative rental market in San Jose, California.
Property Details
Property Features
Property Information:
Year Built: 1970
Stories: 2
Living Area: 3,264 SqFt
Listing Office:
Office Name: Intero Real Estate Services
Office Phone: (650) 947-4700
Listing Agent: Eddie Oberoi
Interior Features
Interior Information:
Appliances: Disposal, Refrigerator
Flooring Type: Laminate, Tile
Lot Features
Lot Information:
Lot Size: 0.18 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
School Info
Assigned Schools Information:
Yerba Buena High School, Public Magnet Grades 9-12
Bridges Academy, Public Charter Grades 7-8
College Connection Academy, Public District Grades 7-8
Lairon College Prepatory Academy, Public District Grades 3-8
Santee Elementary School, Public District Grades KG-6
Price Information
Listing Price Info
Price Summary:
List Price: $1,600,000
Price Per SqFt: $490/SqFt
Tax Information:
Annual Amount: $9,682
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in San Jose, CA.
This property is $245.4K more than the Median Sold Price and $359/SqFt less than other homes in San Jose, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81963443
Listing Office:
Office Name: Intero Real Estate Services
Office Phone: (650) 947-4700
Listing Agent: Eddie Oberoi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/16/2024, 8:20:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jun 24, 2020
Jun 24, 2020Home Sold
$1,160,000
Dec 04, 2008
Dec 04, 2008Home Sold
$510,000
Apr 20, 2005
Apr 20, 2005Home Sold
$635,000
Jun 18, 2003
Jun 18, 2003Home Sold
$589,000
Oct 27, 1999
Oct 27, 1999Home Sold
$370,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$9,682
$1,172,017
2020
$9,681
$600,511
2019
$9,309
$588,737
2018
$9,310
$577,194
2017
$9,187
$565,878
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,053
Per Month
Principal & Interest
$7,986
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,863
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Santee Elementary School
1313 Audubon Dr
Distance between this listing and this school0.17 miles
Public District Grades KG-6
Middle School
3
/10
Bridges Academy
1702 Mclaughlin Ave
Distance between this listing and this school0.28 miles
Public Charter Grades 7-8
8
/10
College Connection Academy
1855 Lucretia Ave
Distance between this listing and this school0.69 miles
Public District Grades 7-8
3
/10
Lairon College Prepatory Academy
3975 Mira Loma Way
Distance between this listing and this school3.42 miles
Public District Grades 3-8
High School
6
/10
Yerba Buena High School
1855 Lucretia Ave
Distance between this listing and this school0.69 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Santee Elementary School
1313 Audubon Dr
Distance between this listing and this school0.17 miles
Public District Grades KG-6
Nearby Schools
3
/10
O. S. Hubbard Elementary School
1680 Foley Ave
Distance between this listing and this school0.31 miles
Public District Grades KG-5
4
/10
Robert F. Kennedy Elementary School
1602 Lucretia Ave
Distance between this listing and this school0.46 miles
Public District Grades KG-6
Assigned Schools
3
/10
Bridges Academy
1702 Mclaughlin Ave
Distance between this listing and this school0.28 miles
Public Charter Grades 7-8
8
/10
College Connection Academy
1855 Lucretia Ave
Distance between this listing and this school0.69 miles
Public District Grades 7-8
3
/10
Lairon College Prepatory Academy
3975 Mira Loma Way
Distance between this listing and this school3.42 miles
Public District Grades 3-8
Assigned Schools
6
/10
Yerba Buena High School
1855 Lucretia Ave
Distance between this listing and this school0.69 miles
Public Magnet Grades 9-12
Nearby Schools
4
/10
Downtown College Preparatory - Alum Rock
1250 S King Rd
Distance between this listing and this school0.61 miles
Public Charter Grades 6-12
3
/10
Apollo High School
1835 Cunningham Ave
Distance between this listing and this school0.87 miles
The neighbors living near this home have an average income of $32,200. Typical income of San Jose, CA residents is less than $35k annually. Most families are married, with kids. The majority of residents in this area have high school diploma education.
This home is located at 1415 Tami Lee Dr in San Jose, CA and zip code 95122 in the East San Jose neighborhood. This 3,264 square foot home, which was built in 1970, sits on a 0.18 acre lot. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $1,600,000.
In April 2024 more than 427 listings in San Jose, CA were sold above the asking price. During the same period more than 48 listings were sold at asking price, while more than 66 were sold below. The number of homes for sale in San Jose, CA increased by 21.4% between March 2024 and April 2024. In April 2024, listings were on the market for 12 days. During the same period, the median list price in this real estate market was $1,354,548.
From Rocket Homes Real Estate and based on county public records data.