$940,000
SOLD NOV 7, 2023
3 Beds
1 Bath
1,316 Sq Ft
0.54 Acres

Recently Sold

$714 Per Sq Ft

6% Below List Price

21 Days on Market

Highlights

  • RV Access or Parking
  • Solar Power System
  • View of Trees or Woods
  • Walnut Acres Elementary School Rated A-
  • RV or Boat Storage in Community
  • Farmhouse Style Home

About This Home

As of November 2023

Uncover the hidden gem of Walnut Creek, CA, with this incredible fixer and redevelopment opportunity in Northgate community. This one-story, single-family property boasts 3 bedrooms, 1 bathroom, on a sprawling 0.54 +/- acre flat lot, featuring an additional 440 +/- sqft wood workshop, primed for conversion into a garage or ADU. The potential here is boundless; whether you're looking for a quick flip, envisioning a major luxury home transformation, or simply dreaming of your own custom-built haven with a circular driveway. Surrounded by neighboring homes ranging from 3,000 to 5,000 sqft, valued between $2.5M and $4.6M, this property is a developer's dream. Situated near the North Gate of Mt. Diablo State Park, it enjoys a highly desirable location among luxury residences, with the added allure of proximity to Shadowbrook Winery and being within an excellent school district. Infrastructure essentials are already in place, including electricity and a public water line, with a septic system on-site (public sewer line on main road) and solar panels fully paid off. Plus, don't forget the charming water well, waiting to be revived after many years. Don't miss out on this prime fixer/development opportunity in competitive Walnut Creek Market. Possibilities are endless!

Last Agent to Sell the Property

Tom Khorram

Fidelity Guaranty Realty License #01361472 Listed on: 09/22/2023

Last Buyer's Agent

Alfonso Galindo

Dolan Realty Company License #02074102

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,497

Year Built

  • Built in 1951

Lot Details

  • 0.54 Acre Lot
  • Back and Front Yard Fenced
  • Level Lot

Property Views

  • Woods
  • Garden

Home Design

  • Farmhouse Style Home
  • Fixer Upper
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1 Full Bathroom
  • 1,316 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Screens
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Laminate

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • No Garage
  • Side by Side Parking
  • Open Parking
  • RV Access or Parking

Eco-Friendly Details

  • Solar Power System

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 138-210-004-6

Community Details

Overview

  • Low-Rise Condominium

Recreation

  • RV or Boat Storage in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,497

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached, Flat, Low-Rise (1-3)
  • Architectural Style: Farmhouse, Flat
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 1
  • Fireplace Features: Brick, Living Room, Wood Burning
  • Bedrooms: 3
  • Master Bathroom Features: Closet, Tub w/Shower Over
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room Features: Dining/Living Combo
  • Appliances: Dishwasher, Free Standing Electric Range, Free Standing Refrigerator, Microwave
  • Flooring: Carpet, Laminate, Linoleum
  • Kitchen Features: Breakfast Area
  • Laundry Features: Dryer Included, Electric, Ground Floor, Inside Area, Washer Included
  • Lower Level: Bedroom(s), Full Bath(s), Kitchen, Living Room
  • Main Level: Bedroom(s), Full Bath(s), Kitchen, Living Room, Street Entrance
  • Price Per Square Foot: 714.29
  • Room Type: Great Room, Kitchen, Laundry, Living Room
  • Square Footage: 1316.00
  • Window Features: Window Screens

Exterior Features

  • Construction Materials: Frame, Wood
  • Driveway Sidewalks: Gravel, Unpaved
  • Fencing: Back Yard, Front Yard
  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • View: Garden/Greenbelt, Woods

Garage/Parking

  • Parking Access: Independent
  • Parking Features: No Garage, RV Access, RV Possible, RV Storage, Side-by-Side, Uncovered Parking Spaces 2+
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 6.00

Utilities

  • Cooling: Ceiling Fan(s), Central
  • Heating: Central, Fireplace(s), Hot Water
  • Security Features: Double Strapped Water Heater, Smoke Detector
  • Sewer: Septic System, Sewer in Street
  • Utilities: Dish Antenna, Public, Solar
  • Water Source: Abandoned Well, Public

Lot Info

  • Assessor Parcel Number: 138-210-004-6
  • Land Use: Agricultural, Farm, Residential
  • Lot Size Acres: 0.5422
  • Lot Size Sq Ft: 23620.00
  • Lot Size Units: SqFt
  • Price Per Acre: 1733677.61
  • Topography: Level

Rental Info

  • Pets Allowed: Cats OK, Dogs OK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2023
Closed on
Oct 25, 2023
Sold by
Laurence And Janet Read Living Trust and Read Carl
Bought by
Hd 1206 Northgate Llc
Seller's Agent
Tom Khorram
Fidelity Guaranty Realty
Buyer's Agent
Alfonso Galindo
Dolan Realty Company
List Price
$1,000,000
Sold Price
$940,000
Premium/Discount to List
-$60,000
-6%
Views
138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.77%
Original Mortgage
$780,000
Outstanding Balance
$764,864
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$1,320,089

Purchase Details

Closed on
Apr 4, 2001
Sold by
Read Lawrence C and Read Janet H
Bought by
Read Laurence C and Read Janet H
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Grant Deed $940,000 Old Republic Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $780,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2025 09/24/25 For Sale $4,288,500 +356.2% $926 / Sq Ft
11/07/2023 11/07/23 Sold $940,000 -6.0% $714 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/22/2023 09/22/23 For Sale $1,000,000 -- $760 / 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 $10,497 $958,800 $780,300 $178,500
2024 $10,497 $940,000 $765,000 $175,000
2023 $1,075 $90,661 $27,147 $63,514
2022 $1,065 $88,884 $26,615 $62,269
2021 $1,045 $87,143 $26,094 $61,049
2019 $1,028 $84,561 $25,321 $59,240
2018 $995 $82,904 $24,825 $58,079
2017 $969 $81,280 $24,339 $56,941
2016 $938 $79,687 $23,862 $55,825
2015 $934 $78,491 $23,504 $54,987
2014 $925 $76,954 $23,044 $53,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 423911768

San Francisco Association of REALTORS® MLS

APN: 138-210-004-6