1048 Neilson St Albany, CA 94706
Albany Terrace Neighborhood
3
Beds
2
Baths
1,800
Sq Ft
3,500
Sq Ft Lot
Highlights
- Solar Power System
- Updated Kitchen
- Views of Mount Tamalpais
- Albany Middle School Rated A
- Craftsman Architecture
- 1-minute walk to Jewel's Terrace Park
About This Home
As of March 2023This magnificent bungalow has flexible living options among modern and warm, inviting comfort. The living room’s Arts & Crafts-style built-ins frame a gas fireplace, and hardwood floors flow into the dining room. The updated kitchen features an island, stainless steel appliances, and custom cabinetry. The deck has stunning views of Mt. Tam, ideal for al fresco dining. Stepping down the terraced deck you are greeted with a peaceful retreat: pollinator-friendly plants & shaded patio. The light-filled main bedroom has a large closet and is adjacent to the updated bathroom with pedestal sink and glass-enclosed shower. A well-sized bonus room can be used as another bedroom, office, or playroom. W/D hookups and built-in shelves are in the closet. The lower level is a separate living space, with a private entrance. It could also be the primary bedroom suite: a dedicated full bathroom, walk-in closet, and kitchenette. This suite connects to the main floor via a locking door at the top of the stairs, and has newer LVP wood floors, full bathroom, and another laundry room. Modern upgrades include: double pane windows, seismic bracing, EV charger, and solar. The attached garage leads to a large utility room. Minutes to a quick coffee or bagel, natural market, and Jewel’s Terrace Park.
Last Agent to Sell the Property
Kw Advisors East Bay License #01313613 Listed on: 02/08/2023
Last Buyer's Agent
Erin Chan-adams
Compass License #01981522
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $32,496
Year Built
- Built in 1923
Lot Details
- 3,500 Sq Ft Lot
- Fenced
- Landscaped
- Terraced Lot
- Garden
- Back Yard
Parking
- 1 Car Attached Garage
- Electric Vehicle Home Charger
- Workshop in Garage
Property Views
- Mount Tamalpais
- Hills
Home Design
- Craftsman Architecture
- Bungalow
- Shingle Roof
- Stucco
Interior Spaces
- 2-Story Property
- Gas Fireplace
- Insulated Windows
- Family Room Off Kitchen
- Living Room with Fireplace
- Dining Area
- Bonus Room
- Utility Room
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Built-In Oven
- Built-In Range
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- In-Law or Guest Suite
- 2 Full Bathrooms
Laundry
- Laundry on upper level
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Solar Power System
- Solar owned by seller
Outdoor Features
- Outdoor Storage
Utilities
- Whole House Fan
- Zoned Heating
- Heating System Uses Natural Gas
- Tankless Water Heater
- Gas Water Heater
Community Details
- No Home Owners Association
- Bay East Association
- Central Albany Subdivision
Listing and Financial Details
- Assessor Parcel Number 65264218
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 8, 2023
Closed on
Feb 28, 2023
Sold by
Dina Cowan Revocable Trust
Bought by
Smith Eleanor
Seller's Agent
David Gunderman
Kw Advisors East Bay
Buyer's Agent
Erin Chan-adams
Compass
List Price
$1,195,000
Sold Price
$2,105,000
Premium/Discount to List
$910,000
76.15%
Views
108
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,350
Avg. Annual Appreciation
0.48%
Original Mortgage
$1,105,000
Outstanding Balance
$1,080,536
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$1,047,814
Purchase Details
Closed on
Jan 10, 2022
Sold by
Dina Cowan Revocable Trust
Bought by
Dina Cowan Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,180
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 24, 2010
Sold by
Cowan Dina
Bought by
Cowan Dian and Dina Cowan Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
5.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 5, 2002
Sold by
Cowan Dina and The Dina Cowan Revocable Trust
Bought by
Cowan Dina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.74%
Purchase Details
Closed on
Jun 2, 1998
Sold by
Cowan Dina
Bought by
Cowan Dina and Dina Cowan Revocable Trust
Similar Home in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,105,000 | Old Republic Title Company | |
| Quit Claim Deed | -- | Amrock | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Placer Title Company | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,105,000 | New Conventional | |
| Previous Owner | $339,180 | New Conventional | |
| Previous Owner | $160,000 | New Conventional | |
| Previous Owner | $195,300 | New Conventional | |
| Previous Owner | $197,800 | Unknown | |
| Previous Owner | $196,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $2,105,000 | -- | -- |
| 03/10/2023 03/10/23 | Sold | $2,105,000 | +76.2% | $1,169 / Sq Ft |
| 02/22/2023 02/22/23 | Pending | -- | -- | -- |
| 02/08/2023 02/08/23 | For Sale | $1,195,000 | -- | $664 / Sq Ft |
Source: Bay East Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $32,496 | $2,140,100 | $644,130 | $1,502,970 |
| 2023 | $6,993 | $308,968 | $197,053 | $111,915 |
| 2022 | $5,628 | $295,910 | $193,189 | $109,721 |
| 2021 | $5,534 | $289,972 | $189,402 | $107,570 |
| 2020 | $5,504 | $293,927 | $187,460 | $106,467 |
| 2019 | $5,359 | $288,165 | $183,785 | $104,380 |
| 2018 | $5,203 | $282,514 | $180,181 | $102,333 |
| 2017 | $5,944 | $276,976 | $176,649 | $100,327 |
| 2016 | $5,670 | $271,546 | $173,186 | $98,360 |
| 2015 | $5,365 | $267,468 | $170,585 | $96,883 |
| 2014 | $5,250 | $262,230 | $167,244 | $94,986 |
Source: Public Records
Agents Affiliated with this Home
-
David Gunderman
D
Seller's Agent in 2023
David Gunderman
Kw Advisors East Bay
1 in this area
558 Total Sales
-
Andrew Raskopf
A
Seller Co-Listing Agent in 2023
Andrew Raskopf
Kw Advisors East Bay
(510) 775-1079
1 in this area
181 Total Sales
-
E
Buyer's Agent in 2023
Erin Chan-adams
Compass
Map
Source: Bay East Association of REALTORS®
MLS Number: 41018825
APN: 065-2642-018-00
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