NOT LISTED FOR SALE

Estimated Value: $1,888,000 - $2,425,536

9 Beds
5 Baths
4,296 Sq Ft
$500/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $2,230,000 $519 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $15,021/month

22 Days on Market

Highlights

  • No HOA
  • Garage
  • No Heating
  • Ruth Acty Elementary Rated A

About This Home

As of May 2021

Please contact listing broker for full marketing package and tour times -Great cash-flowing 4plex in North-west Berkeley -Great opportunity for an owner-user or any investor -Property is highlighted by a spacious, two story, 5BR/3BA unit with a spacious kitchen and dining room -Two separate structures with a well maintained courtyard for tenants -Very strong unit mix – (1) 5BR/3BA unit and (3) 2BR units -4,296 Livable SqFt -Well-maintained property cared for with a great pride of ownership under current management -Strong in-place rents with $154k in GSI / 4.60% CAP / 12.96 GRM -Walk Score 89 (Very Walkable) -Strong Northwest Berkeley – Very close to retail, restaurants, and dining options -Quiet residential neighborhood – perfect for tenants and the new owner alike

Last Listed By

Robert Dau

Capstone Real Estate Advisors License #01992248 Listed on: 02/28/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $37,249

Year Built

  • Built in 1963

Lot Details

  • 5,500

Home Design

  • Quadruplex

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • Garage
  • No Garage

Additional Features

  • 5,500 Sq Ft Lot
  • No Heating

Community Details

  • No Home Owners Association
  • 4,296 Sq Ft Building
  • Bay East Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$37,249

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Directions: Page St
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: None
  • Basement: None
  • Other Equipment: None
  • Total Bedrooms: 9

Exterior Features

  • Lot Features: None
  • Construction Type: None
  • Exterior Features: No Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: None
  • Utilities: No Water/Sewer
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: No

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5500
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2021
Closed on
Apr 27, 2021
Sold by
Carabas Robert J and Carabas Leslie C
Bought by
Suhendra Pojen and Ng Lenny
Seller's Agent
Robert Dau
Capstone Real Estate Advisors
Buyer's Agent
Darryl Chew
Compass
List Price
$1,995,000
Sold Price
$2,230,000
Premium/Discount to List
$235,000
11.78%
Total Days on Market
22
Current Estimated Value
$2,149,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$80,366
Avg. Annual Appreciation
-1.17%
Original Mortgage
$1,338,000
Outstanding Balance
$1,230,444
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$897,921

Purchase Details

Closed on
Dec 2, 2011
Sold by
Carabas Efthemios E and Carabas Elizabeth V
Bought by
Carabas Robert J and Carabas Leslie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2009
Sold by
Carabas Efthemios E and Carabas Elizabeth V
Bought by
Carabas Efthemios E and Carabas Elizabeth V

Purchase Details

Closed on
Mar 13, 2006
Sold by
Carabas Robert J and Carabas Leslie C
Bought by
Carabas Robert J and Carabas Leslie C

Purchase Details

Closed on
Jan 8, 2006
Sold by
Carabas Stephanie
Bought by
Carabas Robert J and Carabas Leslie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 2006
Sold by
Carabas Robert J and Carabas Leslie C
Bought by
Carabas Robert J and Carabas Leslie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 1998
Sold by
Carabas Robert J and Carabas Leslie C
Bought by
Carabas Robert J and Carabas Leslie C

Purchase Details

Closed on
Dec 2, 1994
Sold by
Carabas Robert J and Carabas Leslie C
Bought by
Carabas Robert J and Carabas Leslie C

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
Suhendra Pojen $2,230,000 Chicago Title Company
Carabas Robert J -- Chicago Title Company
Carabas Elizabeth V -- Chicago Title Company
Carabas Efthemios E -- None Available
Carabas Robert J -- First American Title Co
Carabas Robert J $167,500 First American Title Company
Carabas Robert J $167,500 First American Title Company
Carabas Robert J -- --
Carabas Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suhendra Pojen $1,338,000
Previous Owner Carabas Elizabeth V $658,000
Previous Owner Carabas Robert J $682,000
Previous Owner Carabas Robert J $670,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $2,230,000 -- --
05/12/2021 05/12/21 Sold $2,230,000 +11.8% $519 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $1,995,000 -- $464 / 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
2024 $37,249 $2,366,475 $709,942 $1,656,533
2023 $36,478 $2,320,091 $696,027 $1,624,064
2022 $35,816 $2,274,600 $682,380 $1,592,220
2021 $13,602 $447,030 $160,157 $286,873
2020 $12,411 $442,447 $158,515 $283,932
2019 $11,425 $433,772 $155,407 $278,365
2018 $11,132 $425,267 $152,360 $272,907
2017 $10,734 $417,809 $149,373 $268,436
2016 $10,071 $409,637 $146,445 $263,192
2015 $9,889 $403,499 $144,246 $259,253
2014 $9,912 $395,614 $141,421 $254,193
Source: Public Records

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APN: 060-2397-011-00