NOT LISTED FOR SALE

Estimated Value: $1,293,000 - $1,572,000

6 Beds
4 Baths
2,682 Sq Ft
$546/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $1,275,000 $475 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,030/month

15 Days on Market

Highlights

  • No HOA
  • Heating System Uses Natural Gas
  • 5-minute walk to George Florence Mini Park
  • Rosa Parks Elementary School Rated A

About This Home

As of May 2020

We are pleased to present 1138 Addison Street, a four-unit multifamily building located in Poet's Corner. The property consists of one 3-bedroom, 1-bathroom apartment and three 1-bedroom, 1-bathroom apartments. Tenants will enjoy the convenience of four off-street parking spaces and on-site laundry. A short walk west will land you on Fourth Street, giving endless restaurant and shopping choices including Peet's Coffee, the Apple Store, and SoulCycle, just to name a few. A walk a few blocks east will deliver daily conveniences such as Target and Strawberry Creek Park, truly adding to the desirability of this location. Tenants will see the benefit of having easy access to North Berkeley BART, city bus lines, and I-80, offering access throughout the Bay Area.

Last Listed By

Timothy Warren

Nai Northern California License #02008347 Listed on: 03/27/2020

Nai Northern California

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,898

Year Built

  • Built in 1966

Lot Details

  • 4,000

Parking

  • Carport

Home Design

  • Quadruplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Laminate Flooring
  • 4,000 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2,682 Sq Ft Building
  • Bridge Aor Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,898

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Year Built: 1966
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Directions: University
  • Carport Y N: Yes
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement: None
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6

Exterior Features

  • Lot Features: None
  • Exterior Features: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport - 2 Or More

Utilities

  • Heating: Natural Gas
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2022
Sold by
Hoang Nguyen Vu
Bought by
Nguyen Portfolio Llc
Total Days on Market
15
Current Estimated Value
$1,465,000

Purchase Details

Listed on
Mar 27, 2020
Closed on
May 12, 2020
Sold by
Barajas Jorge
Bought by
Nguyen Vu Hoang
Seller's Agent
Timothy Warren
Nai Northern California
Buyer's Agent
Joseph Tapia
Joseph M Tapia, Broker
List Price
$1,095,000
Sold Price
$1,275,000
Premium/Discount to List
$180,000
16.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%
Original Mortgage
$956,250
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 1999
Sold by
Barajas Imelda
Bought by
Barajas Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
4.85%

Purchase Details

Closed on
Feb 19, 1997
Sold by
World S & L Assn
Bought by
Barajas Jorge and Barajas Imelda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
7.86%

Purchase Details

Closed on
Nov 26, 1996
Sold by
Lee Joseph H C and World S & L Assn
Bought by
World S & L Assn

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
Nguyen Portfolio Llc -- None Listed On Document
Nguyen Vu Hoang $1,275,000 Old Republic Title Company
Barajas Jorge -- Fidelity National Title Co
Barajas Jorge $177,500 Fidelity National Title Ins
World S & L Assn $182,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Vu Hoang $946,500
Previous Owner Nguyen Vu Hoang $956,250
Previous Owner Barajas Jorge $150,000
Previous Owner Barajas Jorge $560,000
Previous Owner Barajas Jorge $269,500
Previous Owner Barajas Jorge $142,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,275,000 -- --
05/22/2020 05/22/20 Sold $1,275,000 +16.4% $475 / Sq Ft
04/11/2020 04/11/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $1,095,000 -- $408 / Sq Ft
Source: bridgeMLS

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 $22,898 $1,367,041 $410,112 $956,929
2023 $22,376 $1,340,241 $402,072 $938,169
2022 $23,766 $1,313,963 $394,189 $919,774
2021 $22,471 $1,288,208 $386,462 $901,746
2020 $9,014 $264,325 $104,241 $160,084
2019 $13,073 $259,143 $102,197 $156,946
2018 $9,340 $254,064 $100,194 $153,870
2017 $7,897 $249,083 $98,230 $150,853
2016 $9,930 $244,200 $96,304 $147,896
2015 $7,313 $240,533 $94,858 $145,675
2014 $8,474 $235,822 $93,000 $142,822
Source: Public Records

Agents Affiliated with this Home

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Source: bridgeMLS

MLS Number: 40900365

bridgeMLS

APN: 056-1985-002-03