NOT LISTED FOR SALE

1469 Marclair Dr Concord, CA 94521

Midtown Concord Neighborhood

Estimated Value: $1,474,000 - $1,521,000

-- Bed
-- Bath
3,168 Sq Ft
$471/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $1,400,000 $442 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,601/month

23 Days on Market

Highlights

  • No HOA
  • Carpet
  • Wall Furnace
  • Cooling Available

About This Home

As of April 2021

This property presents a great opportunity for a new or seasoned investor to have immediate cash flow with significant upside. The property boasts a rare unit mix of four 2bd/1bth units of almost 800 sqft. Each unit has tremendous rental upside which will allow the new owner to take advantage of Concord's fast growing rental market. Nearby renovated apartments in this area rent for as much as $2,300. The property has been well managed, which has increased the tenant profile, and made significant upgrades throughout the property. The property has a history to little or no vacancies and currently (3) units are occupied and (1) unit is being rented with Airbnb achieving rents as high as $$3,300 a month. The property is separate for PG&E and there is a room to add onsite laundry which adds additional income each month. There is extra tenant storage and ample, covered parking for each tenant.

Last Agent to Sell the Property

Monjid Aldiyyat

Bhhs Drysdale Properties License #01973084 Listed on: 03/04/2021

Last Buyer's Agent

Yoana Taseva

Keller Williams Realty License #02057247

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,888

Year Built

  • Built in 1962

Lot Details

  • 6,060

Parking

  • Covered Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Flooring

  • Carpet
  • Vinyl

Utilities

  • Cooling Available
  • Wall Furnace

Additional Features

  • Washer and Dryer Hookup
  • 6,060 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 3,168 Sq Ft Building
  • Bridge Aor Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,888

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Year Built: 1962
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Directions: Of Clayton Rd
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet
  • Basement: None
  • Other Equipment: None
  • Accessibility Features: Other
  • Interior Amenities: Storage, Storage Area(s)

Exterior Features

  • Lot Features: Court
  • Construction Type: Stucco, Frame
  • Exterior Features: No Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered

Utilities

  • Heating: Wall Furnace
  • Utilities: No Water/Sewer
  • Cooling: Other
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6060
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Mar 16, 2021
Sold by
Kavalackal Christie V and Kavalackal Sam Vinu
Bought by
Buhlev Raycho and Buhlev Zlatka
Seller's Agent
Monjid Aldiyyat
Bhhs Drysdale Properties
Buyer's Agent
Yoana Taseva
Keller Williams Realty
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Current Estimated Value
$1,491,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,076
Avg. Annual Appreciation
1.45%
Original Mortgage
$1,200,000
Outstanding Balance
$1,085,799
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$405,277

Purchase Details

Closed on
Jul 9, 2019
Sold by
Sam Vinu and Sam Joseph Rony
Bought by
Kavalackal Christie V and Kavalackal Sam Vinu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,400
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2015
Sold by
Kavalackal Christie Vinu
Bought by
Kavalackal Vinu S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2015
Sold by
Joseph Reena
Bought by
Joseph Rony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2015
Sold by
Hicks Gerald F and Hicks Kathleen M
Bought by
Kavalackal Vinu S and Joseph Rony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
3.78%
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
Buhlev Raycho $1,400,000 Chicago Title Company
Kavalackal Christie V -- None Available
Kavalackal Vinu S -- Chicago Title Company
Joseph Rony -- Chicago Title Company
Kavalackal Vinu S $695,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buhlev Raycho $1,200,000
Previous Owner Kavalackal Christie V $535,400
Previous Owner Kavalackal Vinu S $556,000
Previous Owner Hicks Gerald Franklin $250,000
Previous Owner Hicks Gerald F $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,400,000 -- --
04/30/2021 04/30/21 Sold $1,400,000 -6.7% $442 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $1,500,000 -- $473 / Sq Ft
Source: bridgeMLS

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 $19,888 $1,515,404 $974,188 $541,216
2024 $19,465 $1,485,691 $955,087 $530,604
2023 $19,465 $1,456,560 $936,360 $520,200
2022 $19,154 $1,428,000 $918,000 $510,000
2021 $12,942 $890,272 $367,006 $523,266
2020 $12,802 $881,144 $363,243 $517,901
2019 $11,211 $737,538 $212,241 $525,297
2018 $10,710 $723,078 $208,080 $514,998
2017 $10,290 $708,900 $204,000 $504,900
2016 $9,936 $695,000 $200,000 $495,000
2015 $4,924 $254,821 $62,141 $192,680
2014 $4,924 $249,830 $60,924 $188,906
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Monjid Aldiyyat

    Bhhs Drysdale Properties

    (925) 588-6402

    1 in this area

    12 Total Sales

    Monjid Aldiyyat
    Section Image
  • Yoana Taseva

    Buyer's Agent in 2021

    Yoana Taseva

    Keller Williams Realty

    (925) 639-2739

    2 in this area

    45 Total Sales

    Yoana Taseva
    Section Image
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Map

Source: bridgeMLS

MLS Number: 40940074

bridgeMLS

APN: 133-160-044-3

California Contra Costa County Concord 94521 Midtown Concord

1469 Marclair Dr, Concord, CA

This home is located at 1469 Marclair Dr, Concord, CA 94521 since 04 March 2021 and is currently estimated at $1,491,076, approximately $470 per square foot. This property was built in 1962. 1469 Marclair Dr is a home located in Contra Costa County with nearby schools including Mountain View Elementary School, El Dorado Middle School, and Concord High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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