NOT LISTED FOR SALE

1123 Union St Alameda, CA 94501

South Shore Neighborhood

Estimated Value: $1,312,000 - $1,594,000

2 Beds
4 Baths
3,488 Sq Ft
$407/Sq Ft Est. Value

Last Sold November 10, 2020

Last sale price $1,300,000 $373 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,294/month

28 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating System Uses Natural Gas
  • Franklin Elementary Rated A

About This Home

As of November 2020

1123 Union Street is a two-story fourplex, located near Alameda's coveted Gold Coast, and consists of 2 one bedroom / one bathroom units, 2 studio units, and one non-conforming unit. Units are individually metered for gas and electric and are sewer lateral and gas shut off compliant. The subject property allows the new owner the opportunity to add value by converting the non-conforming unit into an ADU to generate additional income, or move forward with the approved remodel of the 2nd floor, removing the non-conforming unit and allowing Unit A to become a two bedroom / one bathroom unit, and Unit B a two bedroom / two bathroom unit. 1123 Union allows both local and regional investors the opportunity to acquire a asset in a desirable location with both income stream and investment value.

Last Agent to Sell the Property

Stephen Pagones

Oak Tree Property Group License #01760998 Listed on: 08/11/2020

Co-Listed By

Michael Pagones

Oak Tree Property Group License #01749383

Last Buyer's Agent

Robin Maes

Keller Williams Vip Properties License #01935448

Keller Williams Vip Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,997

Year Built

  • Built in 1896

Lot Details

  • 2,856 Sq Ft Lot

Home Design

  • Quadruplex
  • Composition Shingle Roof
  • Wood Shingle Exterior
  • Stone Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7230515

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,997

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Year Built: 1896
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Co List Office Mls Id: SAEK01
  • Directions: Bay St to Encinal Ave to Union
  • Garage Yn: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Other
  • Other Equipment: None
  • Total Bedrooms: 2

Exterior Features

  • Roof: Composition Shingles
  • Construction Type: Stone, Wood

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 2856
  • Parcel Number: 7230515

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 26, 2020
Sold by
Ent Fain
Bought by
Ent Kenneth
Seller's Agent
Stephen Pagones
Oak Tree Property Group
Buyer's Agent
Robin Maes
Keller Williams Vip Properties
List Price
$1,325,000
Sold Price
$1,300,000
Premium/Discount to List
-$25,000
-1.89%
Current Estimated Value
$1,441,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,363
Avg. Annual Appreciation
1.80%
Original Mortgage
$1,040,000
Outstanding Balance
$927,113
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$493,132

Purchase Details

Listed on
Aug 11, 2020
Closed on
Oct 12, 2020
Sold by
Dux Capital Llc
Bought by
Ent Michelle and Ent Kenneth
Seller's Agent
Stephen Pagones
Oak Tree Property Group
Buyer's Agent
Robin Maes
Keller Williams Vip Properties
List Price
$1,325,000
Sold Price
$1,300,000
Premium/Discount to List
-$25,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$927,113
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$493,132

Purchase Details

Closed on
May 9, 2019
Sold by
Maddux Tanner and Maddux Alexandra
Bought by
Dux Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,400
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2019
Sold by
Maddux Alexandra
Bought by
Maddux Tanner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,400
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2019
Sold by
Jue Nancy Lee and Jue Alice Caroline
Bought by
Maddux Tanner

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,400
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2000
Sold by
Jue Melvin G and Jue Nancy L
Bought by
Jue Nancy Lee and Nancy Lee Jue Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.11%

Purchase Details

Closed on
Sep 8, 2000
Sold by
Jue Alice
Bought by
Jue Melvin Graham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.11%

Purchase Details

Closed on
Feb 20, 1997
Sold by
Jue Melvin G
Bought by
Jue Melvin Graham and Melvin Graham Jue Revocable Tr

Purchase Details

Closed on
May 8, 1996
Sold by
Jue Melvin Graham and Jue Nancy Lee
Bought by
Jue Melvin Graham and Jue Nancy Lee

Purchase Details

Closed on
May 6, 1996
Sold by
Jue Nancy Lee
Bought by
Jue Nancy Lee and Nancy Lee Jue 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
Ent Kenneth -- Chicago Title
Ent Michelle $1,300,000 Chicago Title
Dux Capital Llc -- None Available
Maddux Tanner -- None Available
Maddux Tanner -- First American Title Company
Maddux Tanner $988,000 First American Title Company
Jue Nancy Lee -- --
Jue Melvin Graham -- Commonwealth Land Title Co
Jue Melvin Graham -- Commonwealth Land Title Co
Jue Melvin Graham -- --
Jue Melvin Graham -- --
Jue Nancy Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ent Kenneth $1,040,000
Previous Owner Maddux Tanner $790,400
Previous Owner Jue Melvin Graham $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Off Market $1,300,000 -- --
02/04/2025 02/04/25 Off Market $1,300,000 -- --
11/10/2020 11/10/20 Sold $1,300,000 -1.9% $373 / Sq Ft
09/08/2020 09/08/20 Pending -- -- --
08/11/2020 08/11/20 For Sale $1,325,000 -- $380 / Sq Ft
Source: Bay East 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 $20,997 $1,400,145 $422,143 $985,002
2024 $20,997 $1,372,560 $413,868 $965,692
2023 $20,207 $1,352,520 $405,756 $946,764
2022 $19,756 $1,319,000 $397,800 $928,200
2021 $19,270 $1,293,000 $390,000 $910,000
2020 $15,876 $1,007,760 $302,328 $705,432
2019 $7,639 $378,193 $72,834 $305,359
2018 $7,472 $370,779 $71,406 $299,373
2017 $7,212 $363,509 $70,006 $293,503
2016 $7,182 $356,383 $68,634 $287,749
2015 $7,140 $351,031 $67,603 $283,428
2014 $7,154 $344,156 $66,279 $277,877
Source: Public Records

Agents Affiliated with this Home

  • Stephen Pagones

    Seller's Agent in 2020

    Stephen Pagones

    Oak Tree Property Group

    (510) 255-2248

    3 in this area

    55 Total Sales

    Stephen Pagones
    Section Image
  • Michael Pagones

    Seller Co-Listing Agent in 2020

    Michael Pagones

    Oak Tree Property Group

    (510) 255-2248

    2 in this area

    58 Total Sales

    Michael Pagones
    Section Image
  • Robin Maes

    Buyer's Agent in 2020

    Robin Maes

    Keller Williams Vip Properties

    (510) 919-0122

    1 in this area

    13 Total Sales

    Robin Maes
    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 40916178

Bay East Association of REALTORS®

APN: 072-0305-015-00

California Alameda County Alameda 94501 South Shore

1123 Union St, Alameda, CA

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