Seller's Agent in 2024
Giuseppe Zumbo
Corcoran Icon Properties
(510) 331-5153
1 in this area
21 Total Sales
1051 61st St Emeryville, CA 94608
Paradise Park NeighborhoodEstimated Value: $1,051,000 - $1,223,456
5
Beds
4
Baths
2,336
Sq Ft
$495/Sq Ft
Est. Value
Highlights
- RV or Boat Parking
- Wood Flooring
- Landscaped
- Oakland Technical High School Rated A
- No HOA
- Rectangular Lot
About This Home
As of May 20241051-1055 61st Street is an incredibly rare opportunity to acquire a well maintained “NOBE” Fourplex with currently (two) Vacant Unit’s plus a Vacant detached office space & full bath Boasting 2,336±SF of living space features desirable unit mix of (3) 1BD/BA; (1) 2BD/1BA. In addition, the detached office space is tucked away in the rear of the property portioned behind automatic gate opener for maximum privacy. This massive 7,368±SF Lot can accommodate 11-parking space or is prime for potential ADU development. Water, gas & electric is separately metered including a fifth electric building meter. Projected Rental Income over 90K±/annually (5.21%± Cap Rate, 14.39± GRM) with add value opportunity & over 100K± in capital improvements. Neighboring development adds style & sophistication to this trending neighborhood. Get your daily exercise along the Emeryville Greenway that extends from Berkeley 9th St Bike Blvd to Horton St, to Mandela Parkway. WalkScore of 91, BikeScore of 87. Minutes to Ashby BART Station, downtown Berkeley, Oakland & San Francisco Bay Bridge. Centrally located near I-580/80. Access throughout the Bay Area makes “NOBE” the heart of the proper EastBay & one of the City’s most desirable submarkets.
Last Agent to Sell the Property
Corcoran Icon Properties License #01753412 Listed on: 04/16/2024
Last Buyer's Agent
Giuseppe Zumbo
License #01753412
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,799
Year Built
- Built in 1951
Lot Details
- 7,368 Sq Ft Lot
- Wood Fence
- Landscaped
- Rectangular Lot
Home Design
- Quadruplex
- Stucco
Flooring
- Wood
- Partially Carpeted
- Linoleum
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Off-Street Parking
- RV or Boat Parking
Utilities
- Wall Furnace
Community Details
- No Home Owners Association
- 2,336 Sq Ft Building
- Bridge Aor Association
Listing and Financial Details
- Assessor Parcel Number 15133864
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2024
Closed on
Apr 30, 2024
Sold by
Salayfo Smith Trust and Smith Salayfo
Bought by
Tkhan Management Llc
Seller's Agent
Giuseppe Zumbo
Corcoran Icon Properties
Buyer's Agent
Giuseppe Zumbo
List Price
$1,295,000
Sold Price
$1,300,000
Premium/Discount to List
$5,000
0.39%
Views
37
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
-$143,886
Avg. Annual Appreciation
-8.50%
Purchase Details
Closed on
Jun 16, 2023
Sold by
Smith Salayfo
Bought by
Salayfo Smith Trust and Smith
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$914,550
Interest Rate
6.35%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 6, 2022
Sold by
Salayfo Smith
Bought by
Salayfo Smith Trust
Purchase Details
Closed on
Sep 7, 2021
Sold by
Smith Rudolph Bernard and The Rudolph Bernard Smith 2003
Bought by
Smith Salayfo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,800
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 10, 2017
Sold by
Smith Rudolph B and Smith 1984 Survivors Trust
Bought by
Smith Rudolph Bernard and Rudolph Bernard Smith 2003 Tru
Purchase Details
Closed on
May 19, 2004
Sold by
Smith Blanche N and Smith Rudolph B
Bought by
Smith Blanche N and Smith Rudolph B
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Tkhan Management Llc | $1,300,000 | Chicago Title | |
| Salayfo Smith Trust | -- | Old Republic Title Company | |
| Smith Salayfo | -- | Old Republic Title Company | |
| Salayfo Smith Trust | -- | None Listed On Document | |
| Smith Salayfo | $688,500 | Old Republic Title Company | |
| Smith Rudolph Bernard | -- | None Available | |
| Smith Blanche N | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Smith Salayfo | $914,550 | |
| Previous Owner | Smith Salayfo | $550,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $1,300,000 | -- | -- |
| 05/03/2024 05/03/24 | Sold | $1,300,000 | +0.4% | $557 / Sq Ft |
| 04/24/2024 04/24/24 | Pending | -- | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $1,295,000 | -- | $554 / Sq Ft |
Source: bridgeMLS
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 |
|---|---|---|---|---|
| 2025 | $17,799 | $1,326,000 | $397,800 | $928,200 |
| 2024 | $17,799 | $1,100,000 | $330,000 | $770,000 |
| 2023 | $17,650 | $1,000,000 | $300,000 | $700,000 |
| 2022 | $19,899 | $850,000 | $255,000 | $595,000 |
| 2021 | $3,840 | $83,581 | $31,484 | $52,097 |
| 2020 | $3,784 | $82,724 | $31,161 | $51,563 |
| 2019 | $3,312 | $81,103 | $30,551 | $50,552 |
| 2018 | $3,241 | $79,513 | $29,952 | $49,561 |
| 2017 | $2,973 | $77,953 | $29,364 | $48,589 |
| 2016 | $2,793 | $76,425 | $28,789 | $47,636 |
| 2015 | $2,766 | $75,277 | $28,356 | $46,921 |
| 2014 | $2,885 | $73,803 | $27,801 | $46,002 |
Source: Public Records
Agents Affiliated with this Home
-
Giuseppe Zumbo
Map
Source: bridgeMLS
MLS Number: 41056200
APN: 015-1338-006-04
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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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