NOT LISTED FOR SALE

Estimated Value: $833,000 - $1,139,000

4 Beds
2 Baths
1,638 Sq Ft
$592/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $748,000 $457 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,001/month

84 Days on Market

Highlights

  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Tile Flooring
  • Level Lot
  • 1-minute walk to Hayward Memorial Park

About This Home

As of August 2018

This is the investment opportunity youve been looking for! Nestled in the Hayward Hills, on an oversized lot, this recently updated duplex is renting for $2100 per unit. Conveniently located near Downtown Hayward, CSU East Bay, and mins from shopping, restaurants and easy highway access (92, 880), this is a Commuters dream come true. Each unit has 2 bedrooms, 1 bathroom and it own backyard and parking space. Tenants will love that both units have been well maintained are in move-in ready condition. Newer: Roof, dual pane windows, tile flooring, carpets, granite countertops, bathroom vanities, kitchen cabinets, and fresh interior and exterior paint. Added bonus: Owner is ONLY responsible for garbage, and tenants pay all other utilities. Open House Sat & Sunday July 21st and July 22nd.

Last Agent to Sell the Property

Roxanne Barrionuevo

De Novo Real Estate License #01897405 Listed on: 05/01/2018

Last Buyer's Agent

Sharon Cheng

Gold House Realty & Mortgage License #01363122

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 7,501 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 1,638 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Flooring

  • Carpet
  • Tile

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $45,600

Community Details

Overview

  • 1,638 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gardener Expense $1
  • Insurance Expense $1,134
  • Maintenance Expense $700
  • Manager Expense $2,736
  • Trash Expense $1,200
  • Operating Expense $10,571
  • Gross Income $44,232

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

7,501 Sq Ft Lot

Listing Details

  • Zoning: 2200
  • Subclass: Duplex
  • Style: Ranch, Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1638
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Living Sq Ft: 1638
  • Stories: 1
  • Flooring: Carpet, Tile

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 26928

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7501.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7501.00

Rental Info

  • Existing Lease Term(s): Lease(s), Month To Month
  • Gross Rent Multiplier: 15.75
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1134
  • Expense Landscape: 1
  • Expense Maintenance: 700
  • Expense Management: 2736
  • Expenses Total: 10571
  • Expense Trash: 1200
  • Income Annual Gross: 44232.00
  • Income Annual Rental: 45600
  • Income Gross Scheduled: 45600
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Management, Maintenance - Repair
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Jul 30, 2018
Sold by
Hu Nanfang and Ma Xiaoqing
Bought by
Shang Richard C and Shang Angeline C
Seller's Agent
Roxanne Barrionuevo
De Novo Real Estate
Buyer's Agent
Sharon Cheng
Gold House Realty & Mortgage
List Price
$818,000
Sold Price
$748,000
Premium/Discount to List
-$70,000
-8.56%
Current Estimated Value
$970,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,316
Avg. Annual Appreciation
3.44%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shang Richard C $748,000 Lawyers Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2018 08/01/18 Sold $748,000 +4.2% $457 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
07/19/2018 07/19/18 Price Changed $718,000 -14.3% $438 / Sq Ft
06/30/2018 06/30/18 Price Changed $838,000 +2.4% $512 / Sq Ft
06/22/2018 06/22/18 For Sale $818,000 0.0% $499 / Sq Ft
05/11/2018 05/11/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $818,000 -- $499 / Sq Ft
Source: MLSListings

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 $10,217 $838,855 $250,318 $588,537
2024 $10,217 $822,409 $245,410 $576,999
2023 $10,064 $806,286 $240,599 $565,687
2022 $9,867 $790,479 $235,882 $554,597
2021 $9,787 $774,980 $231,257 $543,723
2020 $9,678 $767,040 $228,888 $538,152
2019 $9,757 $752,000 $224,400 $527,600
2018 $5,286 $409,396 $122,819 $286,577
2017 $5,168 $401,370 $120,411 $280,959
2016 $4,876 $393,500 $118,050 $275,450
2015 $4,707 $387,591 $116,277 $271,314
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81703315

MLSListings

APN: 445-0060-041-11

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