NOT LISTED FOR SALE

1150 Elgin St San Lorenzo, CA 94580

Ashland Neighborhood

Estimated Value: $942,000 - $1,021,410

6 Beds
3 Baths
2,510 Sq Ft
$391/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $1,000,000 $398 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,462/month

18 Days on Market

About This Home

As of August 2022

Two structures on one lot with plenty of parking! Front unit currently newly remodeled, open concept with tall ceilings. Great rental income. Back unit has a great floor plan with 3 beds and 1 bath. Needs some TLC. Easy access to freeways. Great for owner/investor to live in one and rent out the other.

Last Agent to Sell the Property

Hugo Liang

Silver Properties License #02051091 Listed on: 06/17/2022

Co-Listed By

Jeffrey Gwan Sie

Mosaik Real Estate License #01942204

Last Buyer's Agent

Judy Wang

License #00998627

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,470

Year Built

  • Built in 1951 | Remodeled

Lot Details

  • 5,000

Home Design

  • 2,510 Sq Ft Home
  • Duplex
  • Fixer Upper

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Parking

  • 5 Car Garage
  • 3 Carport Spaces
  • Off-Street Parking

Additional Features

  • Washer and Dryer Hookup
  • 5,000 Sq Ft Lot
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 080B-0300-024

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,470

Year Built

Built in 1951 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: House(s)
  • Property Condition: Fixer, Updated/Remodeled
  • Year Built: 1951
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 12
  • Appliances: Dishwasher, Free Standing Gas Range, Free Standing Refrigerator
  • Laundry Features: Washer/Dryer Hookups
  • Price Per Square Foot: 398.41
  • Square Footage: 2510.00

Garage/Parking

  • Carport Spaces: 3.00
  • Parking Features: Garage, Off Street
  • Total Parking Spaces: 5.00
  • Covered Parking Spaces: 2.00

Utilities

  • Security Features: Security Gate

Lot Info

  • Assessor Parcel Number: 080B-0300-024
  • Lot Features: None
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000.00
  • Lot Size Units: SqFt
  • Price Per Acre: 8710801.39

Building Info

  • Number of Units Total: 2

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 15.15
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 2
  • Number Of Units Leased: 1
  • Separate Meters: Electricity, Gas, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Jul 28, 2022
Sold by
Sherman Mah
Bought by
Zhang Jiaxiong and Li Caiqing
Seller's Agent
Hugo Liang
Silver Properties
Buyer's Agent
Judy Wang
List Price
$888,000
Sold Price
$1,000,000
Premium/Discount to List
$112,000
12.61%
Current Estimated Value
$981,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,295
Avg. Annual Appreciation
-0.60%
Original Mortgage
$570,000
Outstanding Balance
$546,921
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$434,784

Purchase Details

Closed on
Dec 29, 2016
Sold by
Pelaez Rios Benito Ornelas and Pelaez Ruiz Iluminda
Bought by
Mah Sherman and Mah Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2005
Sold by
Hall Richard Lee
Bought by
Pelaez Rios Benito Ornelas and Pelaez Ruiz Iluminda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 1993
Sold by
Hall Janet
Bought by
Hall Richard Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
6.89%
Mortgage Type
Commercial
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
Zhang Jiaxiong $1,000,000 New Title Company Name
Mah Sherman $500,000 Old Republic Title Company
Pelaez Rios Benito Ornelas $725,000 Old Republic Title Company
Hall Richard Lee $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Jiaxiong $570,000
Previous Owner Mah Sherman $417,000
Previous Owner Pelaez Rios Benito Ornelas $543,750
Previous Owner Hall Richard Lee $47,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Sold $1,000,000 +12.6% $398 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $888,000 -- $354 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $13,470 $1,040,400 $390,150 $650,250
2024 $13,470 $1,020,000 $382,500 $637,500
2023 $13,406 $1,000,000 $375,000 $625,000
2022 $9,090 $640,368 $164,044 $476,324
2021 $8,827 $627,814 $160,828 $466,986
2020 $8,268 $621,380 $159,180 $462,200
2019 $8,286 $609,200 $156,060 $453,140
2018 $6,860 $510,000 $153,000 $357,000
2017 $10,636 $853,644 $323,796 $529,848
2016 $10,158 $836,911 $317,449 $519,462
2015 $9,943 $824,346 $312,683 $511,663
2014 $9,798 $808,201 $306,559 $501,642
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Hugo Liang

    Silver Properties

    (415) 823-7270

    1 in this area

    13 Total Sales

    Hugo Liang
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jeffrey Gwan Sie

    Mosaik Real Estate

    Section Image
  • Judy Wang

    Buyer's Agent in 2022

    Judy Wang

    (925) 847-8900

    3 in this area

    55 Total Sales

    Judy Wang
    Section Image
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 422670596

San Francisco Association of REALTORS® MLS

APN: 080B-0300-024-00

California Alameda County San Lorenzo 94578 Ashland

1150 Elgin St, San Lorenzo, CA

This home is located at 1150 Elgin St, San Lorenzo, CA 94580 since 17 June 2022 and is currently estimated at $981,705, approximately $391 per square foot. This property was built in 1951. 1150 Elgin St is a home located in Alameda County with nearby schools including Hesperian Elementary School, Edendale Middle, and San Lorenzo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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