NOT LISTED FOR SALE

1027 Georgean St Hayward, CA 94541

Ashland Neighborhood

Estimated Value: $743,000 - $1,044,000

4 Beds
2 Baths
1,916 Sq Ft
$463/Sq Ft Est. Value

Last Sold July 29, 2015

Last sale price $600,000 $313 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,631/month

27 Days on Market

About This Home

As of July 2015

Fantastic Opportunity is here for the *LUCKY Home BUYER-Investor*who would like to OWN this Duplex. Live in one & RENT OUT the other-This property is in a GREAT Condition, in yr. 2011 it was extensively and tastefully remodeled. "PRICED TO SELL FAST". It features Granite counter tops, Maple cabinets,Stainless Steel appliances, Refrigerators,gas ranges,over-the-range microwaves,dishwasher in one unit.Tiled floors in kitchen and bath,Refinished Hardwood floors in living room and bedrooms,Double paned windows.

Last Agent to Sell the Property

Fariba Lance

Achievers Real Estate License #00899257 Listed on: 05/19/2015

Last Buyer's Agent

Fariba Lance

Achievers Real Estate License #00899257 Listed on: 05/19/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,620

Year Built

  • 1949

Lot Details

  • 5,793

Parking

  • 2 Car Detached Garage

Home Design

  • 1,916 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Composition Roof

Utilities

  • Heating System Uses Gas
  • Community Sewer or Septic

Listing and Financial Details

  • Total Actual Rent $3,450
  • Month-to-Month Lease Term

Community Details

Overview

  • 1,916 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $950
  • Maintenance Expense $600
  • Operating Expense $8,535
  • Gross Income $3,312

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,620

Year Built

1949

Lot Details

0

Parking

2

Listing Details

  • Zoning: duplex
  • Subclass: Duplex
  • Age: 66
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Living Sq Ft: 1916

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Community Sewer / Septic

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5800.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 159.42
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 950
  • Expense Maintenance: 600
  • Expenses Total: 8535
  • Income Annual Gross: 3312.00
  • Income Annual Rental: 3450
  • Income Gross Scheduled: 3450
  • Meters: Master Gas, Separate Electric, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Other Taxes, Insurance
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Jul 14, 2015
Sold by
Cho Young J
Bought by
Kwan Mindy
Seller's Agent
Fariba Lance
Achievers Real Estate
Buyer's Agent
Fariba Lance
Achievers Real Estate
List Price
$549,988
Sold Price
$600,000
Premium/Discount to List
$50,012
9.09%
Current Estimated Value
$887,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,896
Avg. Annual Appreciation
3.96%
Original Mortgage
$450,000
Outstanding Balance
$353,320
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$534,576

Purchase Details

Closed on
Nov 2, 2011
Sold by
Jung To Young
Bought by
Cho Young J

Purchase Details

Closed on
Sep 21, 2011
Sold by
Albor Carmen
Bought by
Cho Young J

Purchase Details

Closed on
Jul 26, 2005
Sold by
Erwin Michael E and The Gotelli Family Trust
Bought by
Albor Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,400
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 9, 2003
Sold by
Gotelli Phyllis V
Bought by
Gotelli Phyllis V and Gotelli Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kwan Mindy $600,000 Fidelity National Title Co
Cho Young J -- First American Title Company
Cho Young J $230,000 First American Title Company
Albor Carmen $653,000 Old Republic Title Company
Gotelli Phyllis V -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwan Mindy $450,000
Previous Owner Cho Young J $189,600
Previous Owner Albor Carmen $524,000
Previous Owner Albor Carmen $95,000
Previous Owner Albor Carmen $522,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2015 07/29/15 Sold $600,000 +9.1% $313 / Sq Ft
06/15/2015 06/15/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $549,988 -- $287 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

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 $9,620 $710,261 $213,078 $497,183
2024 $9,620 $696,335 $208,900 $487,435
2023 $9,590 $682,685 $204,805 $477,880
2022 $9,431 $669,300 $200,790 $468,510
2021 $9,160 $656,177 $196,853 $459,324
2020 $8,947 $649,451 $194,835 $454,616
2019 $8,945 $636,720 $191,016 $445,704
2018 $8,488 $624,240 $187,272 $436,968
2017 $8,100 $612,000 $183,600 $428,400
2016 $7,732 $600,000 $180,000 $420,000
2015 $3,603 $240,372 $72,111 $168,261
2014 $3,543 $235,664 $70,699 $164,965
Source: Public Records

Agents Affiliated with this Home

  • Fariba Lance

    Seller's Agent in 2015

    Fariba Lance

    Achievers Real Estate

    (408) 270-2686

    9 Total Sales

    Fariba Lance
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Map

Source: MLSListings

MLS Number: ML81466040

MLSListings

APN: 414-0011-025-00

California Alameda County Hayward 94541 Ashland

1027 Georgean St, Hayward, CA

This home is located at 1027 Georgean St, Hayward, CA 94541 since 19 May 2015 and is currently estimated at $887,896, approximately $463 per square foot. This property was built in 1949. 1027 Georgean St is a home located in Alameda County with nearby schools including Colonial Acres Elementary School, Edendale Middle, and San Lorenzo High School.

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