NOT LISTED FOR SALE

1544 4th Ave Oakland, CA 94606

Merritt Neighborhood

Estimated Value: $686,000 - $1,101,000

-- Bed
4 Baths
2,994 Sq Ft
$273/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $800,000 $267 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,954/month

18 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • 5-minute walk to Pittman Green
  • Wood Flooring
  • Wood Siding

About This Home

As of May 2016

Rare investment opportunity to purchase 2 side-by side duplexes - four 1BD/1BAs, all fully rented - on a 4500 Sq Ft lot located just 3 blocks from Lake Merritt & walkable to major amenities including Downtown Oakland, BART, Laney College, Oakland Art Museum, China Town, Jack London Sq. & more. Currently generating $44,000+ gross annual income.

Last Agent to Sell the Property

Andrew De Vries

Berkshire Hathaway-Franciscan License #01368031 Listed on: 03/11/2016

Berkshire Hathaway-Franciscan

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 4,500 Sq Ft Lot
  • Corner Lot

Home Design

  • 2,994 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Bitumen Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Utilities

  • Wall Furnace
  • Separate Meters

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 020-0178-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Year Built: 1920
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: None
  • Appliances: Free Standing Refrigerator, OVFR
  • Flooring: Tile, Vinyl, Wood
  • Price Per Square Foot: 267.20
  • Square Footage: 2994.00

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Foundation: Concrete Perimeter
  • Roof: Bitumen, Composition

Garage/Parking

  • Total Parking Spaces: 2.00
  • Independent Parking Spaces: 2

Utilities

  • Heating: Wall Furnace

Lot Info

  • Assessor Parcel Number: 020-0178-001
  • Lot Features: Corner, Shape Regular
  • Lot Size Acres: 0.1033
  • Lot Size Sq Ft: 4500.00
  • Lot Size Units: SqFt
  • Price Per Acre: 7744433.69

Rental Info

  • Lease Term: MTOM,WRTA
  • Tenant Pays: Electricity, Gas

Building Info

  • Number of Units Total: 4

Multi Family

  • Separate Meters: Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2018
Sold by
Mccoy Thomas and Hass Earlene
Bought by
Mccoy Thomas and Hass Earlene
Current Estimated Value
$817,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.95%
Mortgage Type
New Conventional
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
Mccoy Thomas -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Mccoy Thomas $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2016 05/16/16 Sold $800,000 0.0% $267 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/11/2016 03/11/16 For Sale $800,000 -- $267 / Sq Ft
Source: San Francisco 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 $8,186 $803,900 $243,270 $567,630
2024 $8,186 $464,225 $153,194 $311,031
2023 $8,511 $455,123 $150,190 $304,933
2022 $8,192 $446,200 $147,246 $298,954
2021 $7,715 $437,452 $144,359 $293,093
2020 $7,628 $432,968 $142,879 $290,089
2019 $7,266 $424,482 $140,079 $284,403
2018 $7,116 $416,159 $137,332 $278,827
Source: Public Records

Agents Affiliated with this Home

  • Andrew De Vries

    Seller's Agent in 2016

    Andrew De Vries

    Berkshire Hathaway-Franciscan

    (415) 585-5200

    356 Total Sales

    Andrew De Vries
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 443103

San Francisco Association of REALTORS®

APN: 020-0178-021-00

California Alameda County Oakland 94606 Merritt

1544 4th Ave, Oakland, CA

Not Listed for Sale

MultiFamily

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