NOT LISTED FOR SALE

1498 Solano Ave Albany, CA 94706

Estimated Value: $2,096,549

5 Beds
3 Baths
4,065 Sq Ft
$516/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $2,175,000 $535 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $14,181/month

20 Days on Market

Highlights

  • Additional Residence on Property
  • Premium Lot
  • Wood Flooring
  • Albany Middle School Rated A
  • Cathedral Ceiling
  • No HOA

About This Home

As of August 2022

Live/work or house+income with 2 blgs on a large corner lot. 902 Curtis was originally a single family home so convert back to 5Br/2.5Ba with approx 2,033 sq ft +680 sq ft converted garage. Continue renting offices at 1498 Solano with approx $70k/year income (currently 100% leased). Or occupy 1498 with your own business. Or keep with existing commercial income with overall proforma of $150k/year. currently used as medical and therapist offices. Prime Albany location near great public schools and overall fantastic "walkability" along vibrant Solano Ave.

Last Agent to Sell the Property

Brett Weinstein

REALTY ADVOCATES License #00923266 Listed on: 03/24/2022

Last Buyer's Agent

Out Of Area Out

OUT OF AREA - NON MEMBER License #88888888

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1934

Lot Details

  • 6,985 Sq Ft Lot
  • Fenced
  • Premium Lot
  • Level Lot
  • Garden

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 5 Bedrooms
  • 4,065 Sq Ft Home
  • Cathedral Ceiling
  • Fireplace
  • Formal Entry
  • Storage
  • Wood Flooring
  • Front Gate

Unfinished Basement

  • Partial Basement
  • Basement Storage

Parking

  • 4 Car Garage
  • Converted Garage
  • Tandem Parking
  • Off-Street Parking

Additional Features

  • Additional Residence on Property
  • Radiant Heating System

Community Details

  • No Home Owners Association
  • Bridge Aor Association

Property Details

Home Type

Multi-Family

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Fencing: Fenced
  • Lot Features: 2 Houses / 1 Lot, Level, Premium Lot
  • LotSizeAcres: 0.16
  • Has HOA?: No
  • Co List Office Mls Id: OBBRA
  • Special Conditions: Standard
  • Directions: across from Safeway
  • Basement: Partial, Storage Space, Unfinished
  • Has Basement?: Yes
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 4065
  • Year Built: 1934
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 5
  • Flooring: Wood
  • Interior Amenities: Storage, Cathedral Ceiling(s), Formal Entry, Open Beam Ceiling

Exterior Features

  • Construction Type: Stucco
  • Exterior Features: Entry Gate, Garden

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Has Attached Garage?: Yes
  • Parking Features: Converted Garage, Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Cooling: No Air Conditioning
  • Heating: Radiant
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR

Schools

  • Junior High Dist: Albany (510) 559-6500

Lot Info

  • Lot Size Sq Ft: 6985

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
Aug 3, 2022
Sold by
Deirdre And Adam Duhan Trust
Bought by
Nassiri Properties Llc
Seller's Agent
Brett Weinstein
REALTY ADVOCATES
Buyer's Agent
Out Of Area Out
OUT OF AREA - NON MEMBER
List Price
$2,300,000
Sold Price
$2,175,000
Premium/Discount to List
-$125,000
-5.43%
Current Estimated Value
$2,096,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,451
Avg. Annual Appreciation
-1.06%
Original Mortgage
$1,087,500
Outstanding Balance
$811,153
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$1,285,396

Purchase Details

Closed on
May 31, 2020
Sold by
Payn Nadine
Bought by
Amdt Robert M and Payn Nadine M

Purchase Details

Closed on
May 24, 2018
Sold by
Wallin David
Bought by
Wallin David Jeffrey and Wallin Gina Hassan

Purchase Details

Closed on
May 16, 2016
Sold by
Duhan Adam
Bought by
Deirdre & Adam Duhan Trust

Purchase Details

Closed on
Jan 7, 2016
Sold by
Arndt Robert Michael
Bought by
Payn Nadine

Purchase Details

Closed on
Aug 20, 2012
Sold by
New Ocean Vista Associates
Bought by
Condor Vistas Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Nassiri Properties Llc $2,175,000 Old Republic Title
Amdt Robert M -- None Available
Wallin David Jeffrey -- None Available
Deirdre & Adam Duhan Trust -- None Available
Payn Nadine -- Chicago Title Company
Wallin David -- Chicago Title Company
Goldbart Stephen -- Chicago Title Company
Duhan Adam -- Chicago Title Company
Condor Vistas Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nassiri Properties Llc $1,087,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/17/2022 08/17/22 Sold $2,175,000 -5.4% $535 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $2,300,000 -- $566 / Sq Ft
Source: bridgeMLS

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 $36,644 $2,262,870 $1,144,440 $1,118,430
2024 $36,644 $2,218,500 $1,122,000 $1,096,500
2023 $34,389 $2,175,000 $1,100,000 $1,075,000
2022 $15,823 $847,248 $327,640 $519,608
2021 $15,576 $830,637 $321,216 $509,421
2020 $15,403 $822,121 $317,923 $504,198
2019 $15,037 $806,003 $311,690 $494,313
2018 $14,732 $790,201 $305,579 $484,622
2017 $14,348 $774,710 $299,589 $475,121
2016 $13,669 $759,521 $293,715 $465,806
2015 $12,827 $748,117 $289,305 $458,812
2014 $12,905 $733,465 $283,639 $449,826
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40986050

bridgeMLS

APN: 065-2640-006-00