NOT LISTED FOR SALE

1041 Ranchito Ct El Cerrito, CA 94530

Estimated Value: $861,000 - $951,000

3 Beds
2 Baths
1,488 Sq Ft
$601/Sq Ft Est. Value

Last Sold October 31, 2024

Last sale price $880,000 $591 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,750/month

58 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 2 Car Garage
  • Corner Lot
  • Garden
  • Fenced

About This Home

As of October 2024

Massive Price Correction! This special duplex in a prime El Cerrito location is awaiting you - ready for investing in El Cerrito before the new development starts and prices possibly go up? Nestled on a lovely cul-de-sac, this duplex offers the feel of two separate homes on one lot. Close to BART, El Cerrito Plaza, Cerrito Theater, Banter Wine, El Cerrito Natural Grocery, and more, this property combines convenience and charm. Unit 1 (all on one level): 1 bedroom, 1 bathroom, Hardwood floors, Charming kitchen and bathroom, Private yard area, Private garage with interior access. Unit 2 (split-level): 2 bedrooms, 1 bathroom, Sunny and spacious, Private deck off the kitchen, Private yard area, Hardwood floors, Character-filled kitchen and bathroom, Private garage. Want to know more about El Cerrito? It's filled with an abundance of green spaces, hiking trails, and parks such as the beautiful Hillside Natural Area. Enjoy a rich cultural scene with local theaters, music venues, and art galleries. Need to access public transit or love to entertain? This duplex is set close to BART, El Cerrito Plaza, Banter Wine, and El Cerrito Natural Grocery. A variety of shops, restaurants, and cafés cater to all tastes and preferences. So much opportunity- Perfect for owner user or investment!

Last Agent to Sell the Property

Negar Souza

Red Oak Realty License #01701667 Listed on: 08/09/2024

Red Oak Realty

Co-Listed By

Feri Niroomand

Red Oak Realty License #00811861

Last Buyer's Agent

Tenzin Chokdup

Security Pacific Re License #02207051

Security Pacific Re

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 4,331 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Garden
  • Back and Front Yard

Home Design

  • Duplex
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Garage
  • Off-Street Parking

Additional Features

  • Wood Flooring
  • Wall Furnace
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 1,488 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 5032200197

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Year Built: 1952
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Co List Office Mls Id: OBBREDO
  • Directions: Richmond to Portola to Ranchito
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood Flrs Throughout, Other
  • Basement: Unfinished
  • Total Bedrooms: 3

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Front Yard, Garden/Play, Garden

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Off Street, Space Per Unit - 1
  • Total Parking Spaces: 2

Utilities

  • Heating: Wall Furnace
  • Utilities: All Public Utilities
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4331
  • Parcel Number: 5032200197
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Nov 13, 2024
Sold by
Gyaltsen Tenzin and Chokdup Tenzin
Bought by
Gyaltsen Tenzin and Chokdup Tenzin
Seller's Agent
Negar Souza
Red Oak Realty
Buyer's Agent
Tenzin Chokdup
Security Pacific Re
List Price
$1,095,000
Sold Price
$880,000
Premium/Discount to List
-$215,000
-19.63%
Views
66
Current Estimated Value
$893,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,697
Avg. Annual Appreciation
1.28%
Original Mortgage
$834,400
Outstanding Balance
$826,046
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$67,651

Purchase Details

Listed on
Aug 9, 2024
Closed on
Oct 25, 2024
Sold by
Lhamo Sonam
Bought by
Chokdup Tenzin
Seller's Agent
Negar Souza
Red Oak Realty
Buyer's Agent
Tenzin Chokdup
Security Pacific Re
List Price
$1,095,000
Sold Price
$880,000
Premium/Discount to List
-$215,000
-19.63%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$834,400
Outstanding Balance
$826,046
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$67,651

Purchase Details

Listed on
Aug 9, 2024
Closed on
Oct 22, 2024
Sold by
Sharon A Layton Trust and Layton Alfred H
Bought by
Gyalsten Tenzin and Chokdup Tenzin
Seller's Agent
Negar Souza
Red Oak Realty
Buyer's Agent
Tenzin Chokdup
Security Pacific Re
List Price
$1,095,000
Sold Price
$880,000
Premium/Discount to List
-$215,000
-19.63%
Views
66

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$834,400
Outstanding Balance
$826,046
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$67,651

Purchase Details

Closed on
Jun 18, 2021
Sold by
Layton Sharon A
Bought by
Layton Sharon A and Sharon A Layton Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2016
Sold by
Layton Sharon A
Bought by
Layton Sharon A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gyaltsen Tenzin -- Old Republic Title
Gyaltsen Tenzin -- Old Republic Title
Chokdup Tenzin -- Old Republic Title
Gyalsten Tenzin $880,000 Old Republic Title
Layton Sharon A -- Chicago Title Company
Layton Sharon A -- Chicago Title Company
Layton Sharon A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chokdup Tenzin $834,400
Previous Owner Layton Sharon A $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $880,000 -- --
10/31/2024 10/31/24 Sold $880,000 -7.3% $591 / Sq Ft
10/06/2024 10/06/24 Pending -- -- --
09/13/2024 09/13/24 Price Changed $949,000 -13.3% $638 / Sq Ft
08/09/2024 08/09/24 For Sale $1,095,000 -- $736 / Sq Ft
Source: bridgeMLS

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 $12,918 $880,000 $700,000 $180,000
2024 $2,490 $72,702 $38,373 $34,329
2023 $2,490 $71,277 $37,621 $33,656
2022 $2,446 $69,881 $36,884 $32,997
2021 $2,421 $68,511 $36,161 $32,350
2019 $2,313 $66,482 $35,090 $31,392
2018 $2,257 $65,179 $34,402 $30,777
2017 $2,238 $63,902 $33,728 $30,174
2016 $2,220 $62,650 $33,067 $29,583
2015 $2,220 $61,710 $32,571 $29,139
2014 $2,319 $60,502 $31,933 $28,569
Source: Public Records

Agents Affiliated with this Home

  • Negar Souza

    Seller's Agent in 2024

    Negar Souza

    Red Oak Realty

    (510) 543-7016

    34 in this area

    193 Total Sales

    Negar Souza
    Section Image
  • Feri Niroomand

    Seller Co-Listing Agent in 2024

    Feri Niroomand

    Red Oak Realty

    (510) 409-9111

    21 in this area

    85 Total Sales

    Feri Niroomand
    Section Image
  • Tenzin Chokdup

    Buyer's Agent in 2024

    Tenzin Chokdup

    Security Pacific Re

    (510) 334-3825

    4 in this area

    20 Total Sales

    Tenzin Chokdup
    Section Image
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Map

Source: bridgeMLS

MLS Number: 41069380

bridgeMLS

APN: 503-220-019-7

California Contra Costa County El Cerrito 94530

1041 Ranchito Ct, El Cerrito, CA

Not Listed for Sale

MultiFamily

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bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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