NOT LISTED FOR SALE

Estimated Value: $702,000 - $1,009,000

7 Beds
3 Baths
2,724 Sq Ft
$298/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $850,000 $312 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,456/month

49 Days on Market

Highlights

  • 3 Car Attached Garage
  • Forced Air Heating System
  • Security Fence
  • Secured Garage or Parking

About This Home

As of November 2021

Opportunity knocks! A rare opportunity to own a 3-unit dwelling, for owner occupant buyers. Gated entry and secure access to 3 separate units: 2 upstairs units w/ 2 BR/1BA, downstairs unit w/ 3BR/1BA. Coin-operated laundry room located at the rear of the property for extra income. Features a 3 car garage with driveway spaces, located nearby shopping, freeway, and just minutes from BART.

Last Agent to Sell the Property

Chi Hua

Coldwell Banker Realty License #01442136 Listed on: 08/06/2021

Coldwell Banker Realty

Last Buyer's Agent

Hugo De Hoyos

Intero Real Estate Services License #01153534

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,244

Year Built

  • 1966

Lot Details

  • 4,308 Sq Ft Lot
  • Security Fence

Parking

  • 3 Car Attached Garage
  • Secured Garage or Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,724 Sq Ft Home
  • 2-Story Property
  • Window Bars

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $70,200
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,724 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $1,460
  • Utility Expense $1,680
  • Trash Expense $1,880
  • Operating Expense $5,020
  • Gross Income $70,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,244

Year Built

1966

Lot Details

0

Parking

3

Listing Details

  • Zoning: 1102
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2724
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1966

Interior Features

  • Living Sq Ft: 2724
  • Stories: 2
  • Security: Secured Garage / Parking, Security Fence, Window Bars

Exterior Features

  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.0989
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4310.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4310.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 11.11
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1460
  • Expenses Total: 5020
  • Expenses Utility: 1680
  • Expense Trash: 1880
  • Income Annual Gross: 70200.00
  • Income Annual Rental: 70200
  • Income Gross Scheduled: 70200
  • Income Includes: Coin Operated Equip, Laundry
  • Meters: Separate Other
  • Number Of Buildings: 3
  • Tenant Expenses: Rent Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2021
Closed on
Nov 19, 2021
Sold by
Karen Luong Living Trust and Luong Karen Ho
Bought by
Castro Victor H and Demartinez Maria De
Seller's Agent
Chi Hua
Coldwell Banker Realty
Buyer's Agent
Hugo De Hoyos
Intero Real Estate Services
List Price
$780,000
Sold Price
$850,000
Premium/Discount to List
$70,000
8.97%
Current Estimated Value
$811,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$38,488
Avg. Annual Appreciation
-1.17%
Original Mortgage
$613,500
Outstanding Balance
$562,634
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$248,878

Purchase Details

Closed on
Jun 26, 2019
Sold by
Lau Helen and Luong Karen
Bought by
Luong Karen Ho and Karen Luong Living Trust

Purchase Details

Closed on
Nov 20, 2013
Sold by
Jpmorgan Chase Bank National Association
Bought by
Lau Helen and Luong Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2012
Sold by
Smith Nina Tanner and The Nina Tanner Smith Revocabl
Bought by
Jpmorgan Chase Bank

Purchase Details

Closed on
Dec 8, 2004
Sold by
Tanner Smith Nina
Bought by
Smith Nina Tanner and Nina Tanner Smith Revocable Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,900
Interest Rate
4.73%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 18, 2001
Sold by
Tanner Smith Nina L and Smith Family Trust
Bought by
Tanner Smith Nina and Nina Tanner Smith Revocable Tr

Purchase Details

Closed on
Aug 26, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Smith Robert E and Tanner Smith Nina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,100
Interest Rate
8.65%

Purchase Details

Closed on
Nov 23, 1993
Sold by
Professional Foreclosure Corp
Bought by
Federal Home Loan Mortgage Corporation
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 Buyer Sale Price Title Company
Castro Victor H $850,000 Fidelity National Title
Luong Karen Ho -- None Available
Lau Helen $325,000 Ticor Title Company Of Ca
Jpmorgan Chase Bank $254,766 None Available
Smith Nina Tanner -- Fidelity National Title Co
Tanner Smith Nina -- --
Smith Robert E $129,000 First American Title Guarant
Federal Home Loan Mortgage Corporation $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Victor H $613,500
Previous Owner Lau Helen $190,000
Previous Owner Smith Nina Tanner $389,900
Previous Owner Smith Robert E $116,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2021 11/24/21 Sold $850,000 +9.0% $312 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $780,000 0.0% $286 / Sq Ft
08/25/2021 08/25/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $780,000 -- $286 / 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 $14,244 $902,020 $270,606 $631,414
2024 $14,244 $884,340 $265,302 $619,038
2023 $14,899 $867,000 $260,100 $606,900
2022 $14,508 $850,000 $255,000 $595,000
2021 $9,834 $557,860 $167,358 $390,502
2020 $9,720 $552,140 $165,642 $386,498
2019 $6,690 $357,141 $107,142 $249,999
2018 $6,552 $350,141 $105,042 $245,099
2017 $6,222 $343,277 $102,983 $240,294
2016 $5,985 $336,547 $100,964 $235,583
2015 $5,949 $331,493 $99,448 $232,045
2014 $6,751 $325,000 $97,500 $227,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81856626

MLSListings

APN: 035-2362-038-00