NOT LISTED FOR SALE

Estimated Value: $709,000 - $940,417

2 Beds
3 Baths
1,700 Sq Ft
$492/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2024

Last sale price $807,000 $475 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,226 / mo

21 Days on Market

Highlights

  • Bay View
  • Wood Flooring
  • Security System Owned
  • Edwardian Architecture
  • Controlled Access
  • 4-minute walk to Pittman Green

About This Home

As of February 2024

1548-50 4th Ave is a stunningly renovated duplex just blocks from Lake Merritt. Great opportunity for an owner/investor to occupy the upper unit and continue to rent the lower unit. Both upper and lower units feature one bedroom and one bath. Each has their own laundry and a main security gate for access to the common area garden, lounge, a gated off street vehicle parking space (1). This building 1548-50 (bldg on the left in main photo) is for sale as well as the adjacent duplex (1542-44 4th Ave which shares the common outdoor space) is also available for sale (see MLS# 324000878). This lovingly renovated duplex feature hardwood floors original built-in cabinetry, interior french doors, all new kitchen appliances and in unit laundry. The upper unit includes a rear staircase and the lower unit has a small patio area off the back. A thoughtfully designed shared common walkway includes a peaceful lounge area perfect for quiet contemplation or as a gathering place with friends at the end of the day. Gated, secured, and strategically located near the 580 freeway and easy walking access to the lake and downtown Oakland.

Last Agent to Sell the Property

Michael Studebaker

Compass License #01280688 Listed on: 01/05/2024

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 2,500 Sq Ft Lot
  • Sprinkler System

Property Views

  • Bay
  • City

Home Design

  • Duplex
  • Edwardian Architecture
  • Composition Roof

Interior Spaces

  • 2 Bedrooms
  • 1,700 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Free-Standing Gas Range

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors

Parking

  • 1 Parking Space
  • Uncovered Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Thermostat

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Separate Meters
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Controlled Access

Listing and Financial Details

  • Assessor Parcel Number 020-0178-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1922 | Remodeled

Lot Details

2,500 Sq Ft Lot

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: Foothill > 4th Ave
  • Lot Size Acres: 0.0574
  • Stories: 2
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Edwardian
  • Special Features: None

Interior Features

  • Appliances: Free Standing Gas Range, Tankless Water Heater
  • Accessibility Features: None
  • Flooring: Wood
  • Price Per Square Foot: 474.71
  • Square Footage: 1700.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Auto Sprinkler F&R
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • View: Bay, City, Other

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 1.00

Utilities

  • Cooling: None
  • Security Features: Carbon Mon Detector, Secured Access, Security System Owned
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Electric, Natural Gas Connected
  • Water Source: Public
  • Heating: Gas, Varies By Unit
  • Laundry Features: In Each Unit, Washer/Dryer Hookups, Washer/Dryer Owned
  • Separate Meters: Electricity, Gas, Water

Lot Info

  • Assessor Parcel Number: 020-0178-021
  • Lot Size Sq Ft: 2500.00

Green Features

  • Energy Efficient: Appliances, Thermostat

Building Info

  • Year Built: 1922

Multi Family

  • 1 Bedroom Rent Range: 2200-2500
  • Two Bedroom Rent Range: 2200-2500
  • Number of 1 Bedroom Units: 2
  • NumberOfUnitsTotal: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Jan 29, 2024
Sold by
Bought by
Seller's Agent
Michael Studebaker
Compass
List Price
$805,000
Sold Price
$807,000
Premium/Discount to List
$2,000
0.25%
Views
22
Current Estimated Value
$836,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,354
Avg. Annual Appreciation
1.49%
Original Mortgage
$507,000
Interest Rate
0.0661%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2023
Sold by
Bought by

Purchase Details

Closed on
Feb 7, 2018
Sold by
Bought by

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
0.0395%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$807,000 Chicago Title
-- Chicago Title
-- First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $507,000
Previous Owner $494,000
Previous Owner $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/13/2024 02/13/24 Sold $807,000 +0.2% $475 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $805,000 -- $474 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,186 $464,226 $125,341 $338,885
2023 $8,511 $455,123 $122,883 $332,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324000883

Bay Area Real Estate Information Services (BAREIS)

APN: 020-0178-020-00

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