NOT LISTED FOR SALE

Estimated Value: $592,000 - $638,568

-- Bed
2 Baths
2,349 Sq Ft
$263/Sq Ft Est. Value

Last Sold January 27, 2017

Last sale price $410,000 $175 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,986/month

16 Days on Market

About This Home

As of January 2017

Great Units! One unit has 3 bedrooms and 1 bath. Second unit has 4 bedrooms and 1 bath. Both Tenants are occupied with a month to month lease. Must see do not miss out on this great opportunity!

Last Agent to Sell the Property

Erika Carrasco

Intero Real Estate Services License #01740048 Listed on: 11/28/2016

Intero Real Estate Services

Last Buyer's Agent

VERNESSA JOHNSON

Winkler Real Estate Group License #01045256

Winkler Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,317

Year Built

  • 1915

Lot Details

  • 7,144 Sq Ft Lot

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,349 Sq Ft Home
  • 2-Story Property

Parking

  • 2 Parking Spaces
  • On-Street Parking

Listing and Financial Details

  • Total Actual Rent $34,080

Community Details

Overview

  • 2,349 Sq Ft Building

Building Details

  • 2 Leased Units
  • Operating Expense $5,623
  • Gross Income $34,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,317

Year Built

1915

Lot Details

0

Listing Details

  • Zoning: duplex
  • Subclass: Duplex
  • Age: 101
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2349
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Living Sq Ft: 2349
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: On Street

Utilities

  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Oakland Unified

Lot Info

  • Lot Acres: 0.1640
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7140.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7140.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.03
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expenses Total: 5623
  • Income Annual Gross: 34080.00
  • Income Annual Rental: 34080
  • Income Gross Scheduled: 34080
  • Income Includes: Rents
  • Meters: Separate Other
  • Number Of Buildings: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2016
Closed on
Jan 25, 2017
Sold by
Vargas Hector and Vargas Silvia
Bought by
Brown Terri Lynn
Seller's Agent
Erika Carrasco
Intero Real Estate Services
Buyer's Agent
VERNESSA JOHNSON
Winkler Real Estate Group
List Price
$409,999
Sold Price
$410,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$618,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,642
Avg. Annual Appreciation
4.84%
Original Mortgage
$308,000
Outstanding Balance
$254,725
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$363,917

Purchase Details

Closed on
Apr 8, 2015
Sold by
Vaughn Surville and Vaughn Michele D
Bought by
Vargas Hector and Vargas Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.67%
Mortgage Type
New Conventional
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
Brown Terri Lynn $410,000 Orange Coast Title Co Norcal
Vargas Hector $320,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Terri Lynn $308,000
Previous Owner Vargas Hector $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/27/2017 01/27/17 Sold $410,000 0.0% $175 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
11/28/2016 11/28/16 For Sale $409,999 -- $175 / Sq Ft
Source: MLSListings

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 $8,317 $475,828 $142,748 $333,080
2024 $8,317 $466,501 $139,950 $326,551
2023 $8,884 $457,354 $137,206 $320,148
2022 $8,558 $448,387 $134,516 $313,871
2021 $7,832 $439,597 $131,879 $307,718
2020 $7,742 $435,091 $130,527 $304,564
2019 $7,377 $426,563 $127,969 $298,594
2018 $7,222 $418,200 $125,460 $292,740
2017 $5,855 $331,375 $99,412 $231,963
2016 $5,624 $324,880 $97,464 $227,416
2015 $1,978 $55,490 $31,961 $23,529
2014 $1,914 $54,403 $31,335 $23,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81632718

MLSListings

APN: 041-4195-022-00