NOT LISTED FOR SALE

1602 Pacific Ave Alameda, CA 94501

West Alameda Neighborhood

Estimated Value: $1,106,000 - $1,326,564

4 Beds
2 Baths
1,866 Sq Ft
$633/Sq Ft Est. Value

Sale Details

Date Sold: July 20, 2022

Last sale price $1,180,000 $632 Per Sq Ft

Current estimated payment $7,692 / mo

6 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Central Heating
  • Maya Lin School Rated A-
  • Fireplace
  • 2 Car Garage

About This Home

As of July 2022

Welcome to 1602-1604 Pacific Ave! This charming, updated 1923 Spanish bungalow duplex is centrally located between downtown Park Ave and Webster Street with the Alameda Marina within blocks. This duplex offers great opportunities, 1604 Pacific is move in ready, either as an owners unit or tenant occupied. Each unit is 933 sqft with two tandem bedrooms and one bath. The tandem bedroom would be perfect as an office, nursery or studio. There are original hardwood floors, spacious living rooms with beautiful fireplaces, a formal dining room with built-ins, remodeled kitchens with updated electrical, indoor laundry, private separate backyards and one car garages. Each unit also has separate gas, electricity and water meters. There is a two year old silicon roof with a 15 year transferable warranty. The list goes on! Great location to public transportation, San Francisco Ferry, restaurants, shops, parks and highly desirable schools.

Last Agent to Sell the Property

Kristina Gold-Hensel

Keller Williams Realty License #02122372 Listed on: 06/16/2022

Keller Williams Realty

Co-Listed By

Jacob DaRosa

Keller Williams Realty License #01704082

Last Buyer's Agent

ADELE GILLIS

BHG HIGHLAND PARTNERS License #01293971

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 3,330 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Laundry in unit

Flooring

  • Wood
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Central Heating
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 072-0320-002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

3,330 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments,House(s)
  • Property Subtype 1: Duplex
  • Stories: 2
  • Year Built: 1923
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile, Wood
  • Price Per Square Foot: 632.37

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Raised, Slab
  • Listing Price: 1175000.00
  • Lot Features: Other

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Electric
  • Cooling: None
  • Heating: Central, Fireplace(s)
  • Laundry Features: In Each Unit
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Alameda Unified

Lot Info

  • Zoning Description: Multi
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.0764
  • Lot Size Sq Ft: 3330.00

Rental Info

  • Owner Occupied Units: 1
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 072-0320-002
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Alameda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 23, 2022
Sold by
Favargen Stephen and Favargen Denise
Bought by
Cicuto Favarger Family Trust
Current Estimated Value
$1,181,641

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 14, 2022
Sold by
Martin Living Trust
Bought by
Favarger Stephen and Cicuto Denise
Seller's Agent
Kristina Gold-Hensel
Keller Williams Realty
Buyer's Agent
ADELE GILLIS
BHG HIGHLAND PARTNERS
List Price
$1,190,000
Sold Price
$1,180,000
Premium/Discount to List
-$10,000
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.04%
Original Mortgage
$1,120,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2013
Sold by
Martin Harold T and Horwitz Valli D
Bought by
Martin Harold T and Horwitz Valli D

Purchase Details

Closed on
Nov 25, 2012
Sold by
Barsamian Peter and Barsamian Patricia
Bought by
Martin Harold T and Horwitz Valli D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 1, 1994
Sold by
Tam Jayne Lee
Bought by
Barsamian Peter and Barsamian Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
4.1%

Purchase Details

Closed on
Apr 18, 1994
Sold by
Tam Joseph
Bought by
Tam Jayne Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,600
Interest Rate
4.1%
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
Cicuto Favarger Family Trust -- --
Favarger Stephen $1,180,000 Chicago Title
Martin Harold T -- None Available
Martin Harold T $495,000 First American Title Company
Barsamian Peter $217,000 First American Title Guarant
Tam Jayne Lee -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Favarger Stephen $1,120,000
Previous Owner Martin Harold T $396,000
Previous Owner Barsamian Peter $173,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2022 07/20/22 Sold $1,180,000 -0.8% $632 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $1,190,000 -- $638 / Sq Ft
Source: MetroList

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 $17,128 $1,220,671 $368,301 $859,370
2024 $17,128 $1,196,600 $361,080 $842,520
2023 $16,454 $1,180,000 $354,000 $826,000
2022 $9,328 $574,382 $172,314 $402,068
2021 $9,110 $563,121 $168,936 $394,185
2020 $8,999 $557,350 $167,205 $390,145
2019 $8,389 $546,424 $163,927 $382,497
2018 $8,186 $535,713 $160,714 $374,999
2017 $7,833 $525,208 $157,562 $367,646
2016 $7,830 $514,913 $154,474 $360,439
2015 $7,799 $507,181 $152,154 $355,027
2014 $7,553 $497,247 $149,174 $348,073
Source: Public Records

Agents Affiliated with this Home

  • Kristina Gold-Hensel

    Seller's Agent in 2022

    Kristina Gold-Hensel

    Keller Williams Realty

    (916) 296-5511

    1 in this area

    84 Total Sales

    Kristina Gold-Hensel
    Section Image
  • Jacob DaRosa

    Seller Co-Listing Agent in 2022

    Jacob DaRosa

    Keller Williams Realty

    (916) 402-5786

    1 in this area

    182 Total Sales

    Jacob DaRosa
    Section Image

  • A

    Buyer's Agent in 2022

    ADELE GILLIS

    BHG HIGHLAND PARTNERS

See All Agents

Map

Source: MetroList

MLS Number: 222059513

MetroList

APN: 072-0320-002-00

California Alameda County Alameda 94501 West Alameda

1602 Pacific Ave, Alameda, CA

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