NOT LISTED FOR SALE

1501 Carmel Dr Walnut Creek, CA 94596

Downtown Walnut Creek Neighborhood

Estimated Value: $1,329,000 - $1,441,467

4 Beds
3 Baths
1,977 Sq Ft
$705/Sq Ft Est. Value

Last Sold November 14, 2023

Last sale price $1,375,000 $695 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,894/month

16 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Cul-De-Sac
  • Buena Vista Elementary School Rated A
  • No HOA
  • 6 Car Attached Garage

About This Home

As of November 2023

WOW....With a Premier Location, situated in the Heart of Walnut Creek & its Vibrant Downtown, Renowned Shopping, Exquisite Dining, Picturesque Parks & Outstanding Schools, this Impeccably Maintained Vintage 1950's Tri-Plex is the Real Deal! A Stable Income Stream over $6,000 per Month & Great Potential for Future Rent/Price Appreciation make this Tri-Plex Highly Attractive to both Investors & Tenants alike.

Last Agent to Sell the Property

Robert Gibbons

Foundation Real Estate License #00864058 Listed on: 10/15/2023

Last Buyer's Agent

Philip Smith

Re/max Accord License #02105780

Re/max Accord

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,600

Year Built

  • Built in 1951

Lot Details

  • 6,175 Sq Ft Lot
  • Cul-De-Sac
  • Corner Lot

Home Design

  • Triplex
  • Shingle Siding

Flooring

  • Wood
  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 1,977 Sq Ft Building
  • Bay East Association
  • Downtown Area Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1782610107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,600

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Year Built: 1951
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Subdivision Name: DOWNTOWN AREA
  • Directions: N. Broadway/Lincoln/Carmel Drive
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Laminate, Partial Carpeting
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater
  • Total Bedrooms: 4
  • Interior Amenities: Tub w/Shower Over
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Corner Lot, Cul-De-Sac
  • Construction Type: Other, Shingle Siding
  • Exterior Features: Low Maintenance

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Off Street, Garage Faces Front, On Street, Restrictions
  • Total Parking Spaces: 6

Utilities

  • Heating: Wall Furnace
  • Utilities: Cable Available, Internet Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
  • Cooling: Wall/Window Unit(s)
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

  • Senior High School District: Walnut Creek (925) 944-6850

Lot Info

  • Lot Size Sq Ft: 6175
  • Parcel Number: 1782610107
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2023
Closed on
Dec 5, 2023
Sold by
Martin Daniel E and Martin Amber S
Bought by
Amber And Daniel Martin Revocable Living Trus and Martin
Seller's Agent
Robert Gibbons
Foundation Real Estate
Buyer's Agent
Philip Smith
Re/max Accord
List Price
$1,375,000
Sold Price
$1,375,000
Views
160
Current Estimated Value
$1,393,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,867
Avg. Annual Appreciation
0.75%
Original Mortgage
$893,750
Outstanding Balance
$877,583
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$516,284

Purchase Details

Listed on
Oct 15, 2023
Closed on
Nov 9, 2023
Sold by
Schroeter Trust
Bought by
Martin Daniel E and Martin Amber S
Seller's Agent
Robert Gibbons
Foundation Real Estate
Buyer's Agent
Philip Smith
Re/max Accord
List Price
$1,375,000
Sold Price
$1,375,000
Views
160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$893,750
Outstanding Balance
$877,583
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$516,284
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
Amber And Daniel Martin Revocable Living Trus -- None Listed On Document
Martin Daniel E $1,375,000 Wfg National Title Insurance C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Daniel E $893,750
Previous Owner Schroeter Bruno $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,375,000 -- --
11/14/2023 11/14/23 Sold $1,375,000 0.0% $695 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $1,375,000 -- $695 / Sq Ft
Source: Bay East Association of REALTORS®

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 $17,600 $1,402,500 $816,000 $586,500
2024 $5,060 $1,375,000 $800,000 $575,000
2023 $5,060 $244,445 $94,578 $149,867
2022 $5,094 $239,653 $92,724 $146,929
2021 $4,936 $234,955 $90,906 $144,049
2019 $4,717 $227,987 $88,210 $139,777
2018 $4,580 $223,518 $86,481 $137,037
2017 $4,433 $219,136 $84,786 $134,350
2016 $4,304 $214,840 $83,124 $131,716
2015 $4,181 $211,614 $81,876 $129,738
2014 $4,089 $207,470 $80,273 $127,197
Source: Public Records

Agents Affiliated with this Home

  • Robert Gibbons

    Seller's Agent in 2023

    Robert Gibbons

    Foundation Real Estate

    (925) 639-7847

    1 in this area

    38 Total Sales

    Robert Gibbons
    Section Image
  • Philip Smith

    Buyer's Agent in 2023

    Philip Smith

    RE/MAX

    (925) 305-1388

    1 in this area

    26 Total Sales

    Philip Smith
    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 41041648

Bay East Association of REALTORS®

APN: 178-261-010-7

California Contra Costa County Walnut Creek 94596 Downtown Walnut Creek

1501 Carmel Dr, Walnut Creek, CA

This home is located at 1501 Carmel Dr, Walnut Creek, CA 94596 since 15 October 2023 and is currently estimated at $1,393,867, approximately $705 per square foot. This property was built in 1951. 1501 Carmel Dr is a home located in Contra Costa County with nearby schools including Buena Vista Elementary School, Walnut Creek Intermediate School, and Las Lomas High School.

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Bay East Association of REALTORS® 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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