NOT LISTED FOR SALE

1108 Garfield Ave Albany, CA 94706

Garfield Neighborhood

Estimated Value: $1,670,000 - $2,426,000

Studio
4 Baths
2,786 Sq Ft
$729/Sq Ft Est. Value

Last Sold November 14, 2016

Last sale price $1,610,000 $578 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $13,447/month

31 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Fireplace
  • Albany Middle School Rated A
  • 4 Car Detached Garage

About This Home

As of November 2016

Your chance to own a 4-plex in beautiful Albany.! This fully renovated 4-plex is strategically located just blocks from the famed Solano Avenue and El Cerrito Plaza, with top-rated schools, commuter-friendly locale, and a non-rent control city. This is an investor's dream! With an awesome location, the inside of the property is just as impressive. The 4-plex was built in 1942 and fully renovated from the studs up in 2008/2009. The 2,786 square foot building is sitting on a L-shaped, 5000 square foot lot. Unit mix includes two 2 bedrooms, 2 bath units, two 2 bedrooms, 1 bath unit. Parking is provided in a separate 2-car garage assessable via driveway on Kains Street and a 2-car carport fronting Garfield.

Last Agent to Sell the Property

Winnie Fok

Sotheby's International Realty License #01235265 Listed on: 10/10/2016

Sotheby's International Realty

Last Buyer's Agent

Catherine Zhang

Corcoran Icon Properties License #01243336

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 2,786 Sq Ft Home
  • Fireplace
  • Wood Flooring
  • Washer and Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Parking

  • 4 Car Detached Garage
  • Carport

Community Details

  • 4 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Assessor Parcel Number 067-2813-002-01

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Architectural Style: Contemporary
  • Year Built: 1942
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Refrigerator, Microwave, OVFR
  • Flooring: Wood
  • Laundry Features: Washer/Dryer Hookups, WSHD
  • Price Per Square Foot: 577.89
  • Square Footage: 2786.00

Exterior Features

  • Construction Materials: Stucco
  • Patio And Porch Features: PATO

Garage/Parking

  • Parking Features: Carport, Detached, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Fireplace(s)

Lot Info

  • Assessor Parcel Number: 067-2813-002-01
  • Lot Features: Garden
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 14024390.24

Building Info

  • Number of Units Total: 4

Multi Family

  • Number Of Units Vacant: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2021
Sold by
Luo Kunxin and Zhou Qiang
Bought by
Qiang Zhou And Kunxin Luo Revocable Living Tr and Zhou
Current Estimated Value
$2,031,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Outstanding Balance
$643,978
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,387,198

Purchase Details

Listed on
Oct 10, 2016
Closed on
Nov 9, 2016
Sold by
Gabriel William H
Bought by
Luo Kunxin and Zhou Qiang
Seller's Agent
Winnie Fok
Sotheby's International Realty
Buyer's Agent
Catherine Zhang
Corcoran Icon Properties
List Price
$1,610,000
Sold Price
$1,610,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%
Original Mortgage
$801,900
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2013
Sold by
Gabriel Elaine
Bought by
Gabriel William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2011
Sold by
Devries Barbara and Estate Of Melvina A Gabriel
Bought by
Gabriel William H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Qiang Zhou And Kunxin Luo Revocable Living Tr -- Ticor Title
Luo Kunxin $1,610,000 Old Republic Title Company
Gabriel William H -- First American Title Company
Gabriel William H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qiang Zhou And Kunxin Luo Revocable Living Tr $725,000
Previous Owner Luo Kunxin $801,900
Previous Owner Gabriel William H $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2016 11/14/16 Sold $1,610,000 0.0% $578 / Sq Ft
11/10/2016 11/10/16 Pending -- -- --
10/10/2016 10/10/16 For Sale $1,610,000 -- $578 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $33,912 $1,868,501 $560,550 $1,307,951
2024 $33,912 $1,831,873 $549,562 $1,282,311
2023 $32,440 $1,795,954 $538,786 $1,257,168
2022 $31,774 $1,760,744 $528,223 $1,232,521
2021 $31,331 $1,726,225 $517,867 $1,208,358
2020 $31,138 $1,708,531 $512,559 $1,195,972
2019 $30,420 $1,675,043 $502,513 $1,172,530
2018 $29,595 $1,642,200 $492,660 $1,149,540
2017 $28,852 $1,610,000 $483,000 $1,127,000
2016 $8,126 $118,491 $59,028 $59,463
2015 $7,967 $116,711 $58,141 $58,570
2014 $8,569 $114,425 $57,002 $57,423
Source: Public Records

Agents Affiliated with this Home

  • Winnie Fok

    Seller's Agent in 2016

    Winnie Fok

    Sotheby's International Realty

    (650) 208-9391

    35 Total Sales

    Winnie Fok
    Section Image
  • Catherine Zhang

    Buyer's Agent in 2016

    Catherine Zhang

    Corcoran Icon Properties

    (510) 928-1800

    21 Total Sales

    Catherine Zhang
    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 451497

San Francisco Association of REALTORS®

APN: 067-2813-002-01

California Alameda County Albany 94706 Garfield

1108 Garfield Ave, Albany, CA

Not Listed for Sale

MultiFamily

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