NOT LISTED FOR SALE

Estimated Value: $1,478,000 - $1,675,000

6 Beds
3 Baths
2,508 Sq Ft
$629/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $1,100,000 $439 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $10,432/month

41 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • Fenced
  • Ruth Acty Elementary Rated A
  • Tile Countertops
  • 3-minute walk to Cedar Rose Park

About This Home

As of March 2017

3 meticulously maintained units in a beckoning Berkeley location are here! 3- 2 bedroom, 1 bath units! Live in one and rent the others or own as a prime investment! The choices are yours! First time for sale in over 30 years! Spacious units with individual laundry rooms and garages! All units are one level and easy to rent or use! Please do not disturb occupants. TFT due to no fault of the property. This outstanding triplex is separately metered for water/PG&E along with one garage/unit. Best buy in Berkeley- Rent control

Last Listed By

Alex Lehr

Guide Real Estate License #00867442 Listed on: 01/19/2017

Guide Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,734

Year Built

  • 1940

Lot Details

  • 6,360 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 3 Car Detached Garage
  • Off-Street Parking

Home Design

  • Triplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,508 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Tile Countertops

Flooring

  • Wood
  • Vinyl

Utilities

  • Heating System Uses Gas
  • Radiant Heating System

Listing and Financial Details

  • Total Actual Rent $62,168

Community Details

Overview

  • 2,508 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $1,200
  • Operating Expense $14,950
  • Gross Income $62,168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,734

Year Built

1940

Lot Details

0

Parking

3

Listing Details

  • Zoning: R2
  • Subclass: Triplex
  • Age: 77
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2508
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Kitchen: Countertop - Tile, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2508
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Heating System: Gas, Radiant
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Berkeley Unified
  • Middle School: Martin Luther King Middle
  • High School: Berkeley High
  • High School: 26812
  • Middle School: 26815

Lot Info

  • Lot Description: Grade - Level, Regular
  • Lot Acres: 0.1460
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6340.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6340.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.69
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 14950
  • Income Annual Gross: 62168.00
  • Income Annual Rental: 62168
  • Income Gross Scheduled: 62168
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Insurance
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Colin Mark
Bought by
Colin Mark R and Colin Emine C
Total Days on Market
41
Current Estimated Value
$1,577,333

Purchase Details

Closed on
Mar 6, 2020
Sold by
Colin Mark and Colin Barbara
Bought by
Colin Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,000
Outstanding Balance
$574,536
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,002,797

Purchase Details

Listed on
Jan 19, 2017
Closed on
Mar 23, 2017
Sold by
Billa Irene I and Gertrude E Brubaker Living Tru
Bought by
Colin Mark and Colin Barbara
Seller's Agent
Alex Lehr
Guide Real Estate
Buyer's Agent
Lon Murphy
Golden Gate Sotheby's Intl
List Price
$1,100,000
Sold Price
$1,100,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$660,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2015
Sold by
Brubaker Gertrude Ellen and Tavares Gertrude Ellen
Bought by
Gertrude E Brubaker Living Trust

Purchase Details

Closed on
Nov 26, 2012
Sold by
Brubaker Gertrude Ellen and Isabelle I Tavares 2011 Living
Bought by
Brubaker Gertrude Ellen and Taveres Isabelle Irene

Purchase Details

Closed on
Mar 15, 2011
Sold by
Tavares Isabelle Irene
Bought by
Li Tavares Isabelle Irene and Li Isabelle Irene Tavares 2011

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 Buyer Sale Price Title Company
Colin Mark R -- Chicago Title Company
Colin Mark -- Chicago Title Company
Colin Mark $1,100,000 North American Title Co Inc
Gertrude E Brubaker Living Trust -- None Available
Brubaker Gertrude Ellen -- None Available
Brubaker Gertrude Ellen -- None Available
Li Tavares Isabelle Irene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colin Mark $643,000
Previous Owner Colin Mark $660,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2017 03/30/17 Sold $1,100,000 0.0% $439 / Sq Ft
03/02/2017 03/02/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $1,100,000 0.0% $439 / Sq Ft
02/02/2017 02/02/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $1,100,000 0.0% $439 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
01/19/2017 01/19/17 For Sale $1,100,000 -- $439 / 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
2024 $19,734 $1,251,590 $375,477 $876,113
2023 $19,323 $1,227,050 $368,115 $858,935
2022 $18,974 $1,202,992 $360,897 $842,095
2021 $19,016 $1,179,408 $353,822 $825,586
2020 $17,990 $1,167,320 $350,196 $817,124
2019 $17,277 $1,144,440 $343,332 $801,108
2018 $16,989 $1,122,000 $336,600 $785,400
2017 $8,454 $444,815 $195,527 $249,288
2016 $8,068 $436,094 $191,693 $244,401
2015 $7,944 $429,546 $188,815 $240,731
2014 $7,972 $421,133 $185,117 $236,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81636151

MLSListings

APN: 060-2416-055-00