NOT LISTED FOR SALE

Estimated Value: $1,164,349 - $1,358,000

4 Beds
5 Baths
2,694 Sq Ft
$466/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $1,325,000 $492 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,604/month

137 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Detached Garage
  • Oakland Technical High School Rated A
  • No HOA
  • Fireplace

About This Home

As of December 2021

Marketing package copy/paste: Ideally situated in Piedmont’s thriving rental market, this 4-plex presents a unique opportunity for the live-in investor. An excellent mix of units, including two 1/1s, one 2/1.5, and a studio, the corner property has a 1-bedroom--perfect for the owner-occupant. This unit highlights the best vintage details of the building, featuring a beautiful brick fireplace with built-in shelving, hardwood flooring, fresh paint, and lots of windows with plenty of natural light. Located on a beautiful tree-lined street in a quiet neighborhood, the building is walking distance to restaurants and shopping on Piedmont Ave., MacArthur BART, Temescal, and stunning Lake Merritt. Tenants enjoy new landscaping, shared coin-op laundry, storage, and off-street parking. The backyard provides space for summer BBQs, and two garages offer additional monthly income. Est $7,773/month income including storage income + coin laundry.

Last Agent to Sell the Property

Jatin Mehta

Kite Hill Real Estate License #02045713 Listed on: 06/24/2021

Last Buyer's Agent

Aman Giri

Kite Hill Real Estate License #02079163

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,167

Year Built

  • Built in 1912

Lot Details

  • 3,391 Sq Ft Lot
  • Back and Front Yard Fenced
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Garden

Home Design

  • Quadruplex
  • Frame Construction
  • Wood Siding

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Parking Lot
  • Off-Street Parking

Additional Features

  • Fireplace
  • Outdoor Storage
  • Wall Furnace
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1293821

Community Details

Overview

  • No Home Owners Association
  • 2,694 Sq Ft Building
  • Bridge Aor Association
  • Piedmont Avenue Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,167

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Subdivision Name: PIEDMONT AVENUE
  • Directions: google maps
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Basement: Storage Space, Unfinished
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Interior Amenities: Storage, Storage Area(s)

Exterior Features

  • Fencing: Fenced, Back Yard, Front Yard, Wood
  • Lot Features: Corner Lot
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Back Yard, Front Yard, Storage, Entry Gate, Landscape Front, Landscape Misc, Low Maintenance, Storage Area, Garden

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Off Street, Parking Lot

Utilities

  • Heating: Wall Furnace
  • Cooling: No Air Conditioning
  • Laundry Features: Coin Operated
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Zoning: RM-3
  • Lot Size Sq Ft: 3391
  • Parcel Number: 1293821
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2024
Sold by
Suleman Ali and Hira Arshad Hira
Bought by
Ali Living Trust and Ali
Current Estimated Value
$1,255,337

Purchase Details

Listed on
Jun 24, 2021
Closed on
Dec 18, 2021
Sold by
Melino Katerina and Horn Jamin
Bought by
Ali Suleman and Arshad Hira
Seller's Agent
Jatin Mehta
Kite Hill Real Estate
Buyer's Agent
Aman Giri
Kite Hill Real Estate
List Price
$1,398,000
Sold Price
$1,325,000
Premium/Discount to List
-$73,000
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.46%
Original Mortgage
$1,060,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2016
Sold by
Bowie Jason and Bowie Melinda
Bought by
Melino Katerina and Horn Jamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,063,287
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 22, 2003
Sold by
Saunders Luetta Tatiana and Saunders Toho
Bought by
Bowie Jason and Bowie Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 25, 2001
Sold by
Walters Raymond T
Bought by
Saunders Luetta Tatiana and Saunders Toho
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
Ali Living Trust -- None Listed On Document
Ali Suleman $1,325,000 Old Republic Title Company
Melino Katerina $1,100,000 Fidelity National Title Co
Bowie Jason $624,000 First American Title Co
Saunders Luetta Tatiana -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Living Trust $88,761
Previous Owner Ali Suleman $1,060,000
Previous Owner Melino Katerina $995,502
Previous Owner Melino Katerina $1,063,287
Previous Owner Bowie Jason $441,500
Previous Owner Bowie Jason $465,000
Previous Owner Bowie Jason $500,000
Previous Owner Bowie Jason $581,000
Previous Owner Bowie Jason $438,750
Previous Owner Walters Raymond T $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,325,000 -- --
12/28/2021 12/28/21 Sold $1,325,000 -1.9% $492 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
08/23/2021 08/23/21 Price Changed $1,350,000 -3.4% $501 / Sq Ft
06/24/2021 06/24/21 For Sale $1,398,000 -- $519 / 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 $21,167 $1,318,000 $397,500 $927,500
2024 $21,167 $1,293,000 $390,000 $910,000
2023 $22,206 $1,093,000 $330,000 $770,000
2022 $21,480 $1,318,000 $397,500 $927,500
2021 $21,602 $1,195,992 $360,897 $842,095
2020 $19,010 $1,192,179 $357,198 $834,981
2019 $18,059 $1,168,384 $350,196 $818,188
2018 $17,673 $1,145,280 $343,332 $801,948
2017 $17,466 $1,124,701 $336,600 $788,101
2016 $15,417 $749,723 $240,200 $509,523
2015 $12,087 $738,502 $236,592 $501,910
2014 $12,634 $724,090 $231,958 $492,132
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40955921

bridgeMLS

APN: 012-0938-021-00