NOT LISTED FOR SALE

Estimated Value: $1,424,000 - $1,471,933

5 Beds
3 Baths
2,272 Sq Ft
$637/Sq Ft Est. Value

Last Sold February 10, 2021

Last sale price $1,245,000 $548 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,825/month

Highlights

  • City View
  • No HOA
  • Laundry Facilities
  • Malcolm X Elementary School Rated A
  • Covered patio or porch
  • 1-Story Property

About This Home

As of February 2021

Incredible investment opportunity in the heart of Berkeley! This charming triplex is comprised of 3 separate units for the ultimate in privacy for your tenants. Front unit is a 3 bedroom/1 bath. Middle & back units are 1 bedroom/1 bath each. Each unit has inside laundry and yard space. The exterior of all three buildings have been recently painted. The back unit is to be delivered vacant & has new carpet, interior paint, laminate floors w/ a jacuzzi tub and heated floors in the bathroom. Conveniently located with a Walk score of 89 & an amazing Bike score of 94 you are minutes away from UC Berkeley, BART, Berkeley Bowl West, shopping, theatres & freeways.

Last Agent to Sell the Property

Sharon Sprecher

Coldwell Banker Realty License #01367253 Listed on: 01/08/2021

Coldwell Banker Realty

Co-Listed By

Marc Guay

Coldwell Banker Realty License #00979693

Last Buyer's Agent

ALVIN SHIU

REAL ESTATE EBROKER, INC. License #02115893

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,815

Year Built

  • Built in 1924

Lot Details

  • 5,400

Home Design

  • Triplex
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • Low Flow Toliet
  • 1-Story Property
  • City Views

Parking

  • 5 Parking Spaces
  • Open Parking

Additional Features

  • Covered patio or porch
  • 5,400 Sq Ft Lot
  • 220 Volts

Listing and Financial Details

  • Tenant pays for cable tv electricity sewer
  • Assessor Parcel Number 0531-6110-23

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,815

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Triplex
  • Year Built: 1924
  • Stories: 1
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 5400

Interior Features

  • Appliances: Free Standing Gas Range,Free Standing Refrigerator,Gas Cook Top,Gas Water Heater,Free Standing Electric Oven
  • Other Equipment: Low-Flow Toilet(s)
  • Flooring: Carpet,Tile,Laminate
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Frame,Wood
  • Disclosures/Documents: Rental/Lease Agmts,Seller Property Questionnaire,Transfer Disclosure Statement,Natural Hazard Disclosure Available
  • Foundation: Raised
  • Listing Price: 1099000.00
  • Patio And Porch Features: Covered Patio
  • Roof: Composition
  • View Description: City

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 5

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available,Internet Available
  • Cooling: Ceiling Fan(s),None
  • Electric: 220 Volts
  • Heating: Floor Furnace,Wall Furnace
  • Laundry Features: Washer/Dryer Owned
  • Water Source: Meter on Site,Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Other

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1240
  • Lot Size Sq Ft: 5400

Rental Info

  • Tenant Pays: Cable TV,Electricity,Sewer
  • Total # Leasable: 3

Multi Family

  • Gross Income: 83352
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 0531-6110-23
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Alameda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 1, 2021
Sold by
Vermel Runn and Vermel Sasha Nicole
Bought by
Shiu Alvin Ting Heen
Seller's Agent
Sharon Sprecher
Coldwell Banker Realty
Buyer's Agent
ALVIN SHIU
REAL ESTATE EBROKER, INC.
List Price
$1,099,000
Sold Price
$1,245,000
Premium/Discount to List
$146,000
13.28%
Total Days on Market
0
Current Estimated Value
$1,447,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,967
Avg. Annual Appreciation
3.53%
Original Mortgage
$933,750
Outstanding Balance
$843,284
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$604,683

Purchase Details

Listed on
Jan 8, 2021
Closed on
Jan 21, 2021
Sold by
Vermel Runn
Bought by
Vermel Runn and Vermel Sasha Nicole
Seller's Agent
Sharon Sprecher
Coldwell Banker Realty
Buyer's Agent
ALVIN SHIU
REAL ESTATE EBROKER, INC.
List Price
$1,099,000
Sold Price
$1,245,000
Premium/Discount to List
$146,000
13.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$933,750
Outstanding Balance
$843,284
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$604,683

Purchase Details

Closed on
Nov 21, 2013
Sold by
Vermel Sasha Nicole
Bought by
Vermel Runn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2000
Sold by
Malki Eva
Bought by
Vermel Runn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 10, 1999
Sold by
Kopin Sacha
Bought by
Malki Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 1999
Sold by
Malki Christ
Bought by
Malki Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 4, 1997
Sold by
Sekaiesh Reza
Bought by
Kopin Sacha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,600
Interest Rate
9.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1996
Sold by
First Alliance Mtg Company
Bought by
Sekaiesh Reza and Kopin Sacha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,150
Interest Rate
8.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 1995
Sold by
Mack Betty Mae and First Alliance Mtg Company
Bought by
First Alliance Mtg Company
Source: Public Records

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Range of Values:

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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
Shiu Alvin Ting Heen $1,245,000 Chicago Title Company
Vermel Runn -- Chicago Title Company
Vermel Runn -- North American Title Company
Vermel Runn $399,000 Fidelity National Title Co
Malki Eva $350,000 Fidelity National Title Co
Malki Eva -- Fidelity National Title Co
Kopin Sacha -- First California Title Co
Sekaiesh Reza $99,000 First National Title
First Alliance Mtg Company $91,924 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiu Alvin Ting Heen $933,750
Previous Owner Vermel Runn $230,000
Previous Owner Vermel Runn $220,000
Previous Owner Vermel Runn $319,200
Previous Owner Malki Eva $280,000
Previous Owner Kopin Sacha $345,000
Previous Owner Kopin Sacha $117,750
Previous Owner Kopin Sacha $236,000
Previous Owner Kopin Sacha $187,600
Previous Owner Sekaiesh Reza $84,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2021 02/10/21 Sold $1,245,000 +13.3% $548 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $1,099,000 -- $484 / Sq Ft
Source: MetroList

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
2024 $20,815 $1,321,193 $396,358 $924,835
2023 $19,855 $1,295,297 $388,589 $906,708
2022 $19,509 $1,269,900 $380,970 $888,930
2021 $11,074 $566,527 $169,958 $396,569
2020 $10,359 $560,721 $168,216 $392,505
2019 $9,818 $549,730 $164,919 $384,811
2018 $9,622 $538,952 $161,685 $377,267
2017 $9,251 $528,387 $158,516 $369,871
2016 $8,868 $518,028 $155,408 $362,620
2015 $8,738 $510,248 $153,074 $357,174
2014 $8,686 $500,253 $150,076 $350,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 20075859

MetroList

APN: 053-1611-023-00