NOT LISTED FOR SALE

Estimated Value: $815,000 - $996,000

4 Beds
2 Baths
1,665 Sq Ft
$521/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $785,000 $471 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,372/month

21 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • College Park High School Rated A-
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of July 2024

Located in Concord’s desirable Clayton Valley neighborhood, 1511 Ayers Road is an ideal owner-occupy investment. This 1,665 sq. ft. duplex consists of two 2BR/1BA units, each of which comes with its own attached garage, private entrance, and private yard. The units also feature their own laundry hookups and separate meters for all utilities. Downtown Concord, BART, I-680, and Highway 242 are about 8 minutes away by car—ideal for commuting. Excellent schools (e.g. Clayton Valley High School), parks (e.g. Newhall Community Park), and retailers (e.g. Clayton Valley Shopping Center) are all located within a one-mile radius of the front door. Of greatest note, however, is that both units will be delivered unoccupied. The new owner will be free to customize the property as they see fit, handpick their own tenants, and set their own rents at market rates. Do NOT miss your chance to own a desirable income generator located in a high-demand area that ensures a steady revenue stream.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 06/12/2024

Keller Williams Realty

Last Buyer's Agent

Esther Tahrir

Compass License #02120904

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Frame Construction
  • Wood Siding

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

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

Community Details

  • No Home Owners Association
  • 1,665 Sq Ft Building
  • Bridge Aor Association
  • Clayton Valley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1162010282

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Year Built: 1959
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Subdivision Name: CLAYTON VALLEY
  • Directions: Clayton Rd to Ayers Rd.
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Corner Lot, Level, Paved
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Front Yard

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Heating: Wall Furnace
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Laundry Features: 220 Volt Outlet, Dryer, In Garage, Washer, Washer/Dryer Hookups
  • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Zoning: RM
  • Lot Size Sq Ft: 5227
  • Parcel Number: 1162010282
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 3331.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Jul 15, 2024
Sold by
Wright N Wang Trust and Wright David M
Bought by
Lee Benjamin and Lee Michelle
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Esther Tahrir
Compass
List Price
$800,000
Sold Price
$785,000
Premium/Discount to List
-$15,000
-1.88%
Views
49
Current Estimated Value
$867,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,371
Avg. Annual Appreciation
6.97%
Original Mortgage
$628,000
Outstanding Balance
$618,811
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$248,560

Purchase Details

Closed on
Jun 7, 2013
Sold by
Wright David M and Wang Catherine M
Bought by
Wright David M and Wang Catherine M

Purchase Details

Closed on
Oct 23, 2012
Sold by
Nord Kevin and Nord Cheryl
Bought by
Wright David M and Wang Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2007
Sold by
Haux Bradford J and Haux Bradford
Bought by
Haux Bradford J and Haux Romaine V

Purchase Details

Closed on
Aug 27, 2002
Sold by
Warren Shirley
Bought by
Nord Kevin and Nord Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.35%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 16, 1997
Sold by
Parker Lee L and Parker Madeline A
Bought by
Warren Shirley
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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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
Lee Benjamin $785,000 Fidelity National Title
Wright David M -- None Available
Wright David M $400,000 First American Title Company
Haux Bradford J -- None Available
Nord Kevin $285,000 North American Title Co
Warren Shirley -- North American Title Co
Warren Shirley $57,813 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Benjamin $628,000
Previous Owner Wright David M $300,000
Previous Owner Nord Kevin $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $785,000 -- --
07/22/2024 07/22/24 Sold $785,000 -1.9% $471 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $800,000 -- $480 / 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 $10,575 $785,000 $550,000 $235,000
2024 $6,958 $482,900 $229,376 $253,524
2023 $6,958 $473,432 $224,879 $248,553
2022 $6,827 $464,150 $220,470 $243,680
2021 $6,628 $455,050 $216,148 $238,902
2019 $6,477 $441,555 $209,738 $231,817
2018 $6,185 $432,898 $205,626 $227,272
2017 $5,952 $424,411 $201,595 $222,816
2016 $5,753 $416,091 $197,643 $218,448
2015 -- $409,842 $194,675 $215,167
2014 $5,493 $401,815 $190,862 $210,953
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41062947

bridgeMLS

APN: 116-201-028-2