7 months on rocket

786 Sharmon Palms Ln, Campbell, CA, 95008

$2,095,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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786 Sharmon Palms Ln, Campbell$2,095,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingCarport
Garage6 spaces
Year Built1962
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #PW24092348
Lot Size0.18 Acres
StatusActive

About 786 Sharmon Palms Ln

Prime 4-unit investment property in a nice Campbell area with an easy commute, proximity to freeway / expressway / shops/schools / parks. Property has four 2 bedroom/1 bathroom units. All units have been maintained and improved by seller over the past 8+ years. Gross TY2023 rental income was $107,164 ($8,930 each mo.) and the operating 2023 expenses were $36,676. At the list price, this yields a GRM of 20 with an estimated Cap Rate of 3.36%. Please drive by but do not disturb tenants. Buyer offer will be contingent on acceptance after property inspection.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2

Listing Office:

  • Office Name: Sabari Realty
  • Office Phone: (562) 652-2379
  • Listing Agent: Ramaswamy Ramkumar

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Range Hood, Vented Exhaust Fan
  • Flooring Type: Carpet, Tile

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 6 spaces
  • Parking: Carport

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Cross streets are Virginia Ave and Waldon Rd

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,095,000

Tax Information:

  • Annual Amount: $20,572
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Campbell, CA.

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Campbell, CA

City

Med. Sold Price

$1.8M

Med. Price/SqFt

$1,053

Avg. Days On Market

21

# of Sold Homes

33

786 Sharmon Palms Ln vs Campbell

224 DAYS ON ROCKET

+203 Days

$2,095,000

+$289.8K More

KEY TAKEAWAY

This property is $289.8K more than the Median Sold Price in Campbell, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24092348

Listing Office:

  • Office Name: Sabari Realty
  • Office Phone: (562) 652-2379
  • Listing Agent: Ramaswamy Ramkumar

IDX 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: 12/18/2024, 2:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 31, 2015Home Sold
$1,400,000
Dec 08, 2010Home Sold
$621,500
Aug 17, 2010Home Sold
$663,750
Jul 31, 2006Home Sold
$930,000
Aug 06, 2001Home Sold
$742,000
Dec 31, 1998Home Sold
$215,000

Tax History

YEARPROP. TAXASSESSMENT
2021$20,572$1,531,102
2020$20,572$1,515,404
2019$19,528$1,485,691
2018$19,528$1,456,560
2017$19,190$1,428,000

History based on county public records data.

Payment Calculator

$10.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,347

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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.

Nearby Schools

school-card-donut-4326359
6
/10

  • Capri Elementary School

  • 850 Chapman Dr

  • 0.66 miles

  • Public Charter Grades KG-5

school-card-donut-4326360
6
/10

  • Village

  • 825 W Parr Ave

  • 0.78 miles

  • Public Charter Grades KG-5

school-card-donut-4326361
9
/10

  • Forest Hill Elementary School

  • 4450 McCoy Ave

  • 1.16 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,504. Residents of Campbell, CA typically earn between $35k-100k each year. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›California›Santa Clara County›Campbell›95008›786 Sharmon Palms Ln

This home is located at 786 Sharmon Palms Ln in Campbell, CA and zip code 95008 in the Hazelwood neighborhood. This home, which was built in 1962, sits on a 0.18 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $2,095,000.

While more than 16 listings in Campbell, CA in November 2024 were sold above asking price, there were more than 4 listings sold at asking price, and more than 11 were sold below. The inventory of homes for sale in Campbell, CA between October 2024 and November 2024 decreased by 22.5%. In November 2024, listings were on the market for 21 days. During the same period, the median list price in this real estate market was $1,805,133.

From Rocket Homes Real Estate and based on county public records data.

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