NOT LISTED FOR SALE

Estimated Value: $1,158,000 - $1,419,000

7 Beds
4 Baths
2,910 Sq Ft
$430/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $1,070,000 $368 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,924/month

17 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Central Heating
  • Malcolm X Elementary School Rated A
  • 2 Car Attached Garage
  • Wood Siding

About This Home

As of April 2024

This rare South Berkeley Triplex, close to Berkeley Bowl, Adeline Street shopping and dining, as well as Downtown Berkeley and Cal, could be the perfect owner-occupied investment hybrid, family compound, or solid investment with upside for discerning buyers. 1631 Julia Street, which consists of a charming 3BD/2BA detached Craftsman Style home in the front, and a separate free-standing two-unit building in the rear that boasts two 2BD/1BA units with a two-car garage. Per the public tax records, the property measures 2,910 Sq Ft on the interior, and is located on a 4,760 Sq Ft lot with room for parking and tenant yard enjoyment. Held by long-term owners for many years, this solid location, near Ashby Bart, shopping, dining, schools, parks and easy freeway and public transit access, should ensure an attractive tenant offering for years to come.

Last Listed By

Andrew De Vries

Berkshire Hathaway-Franciscan License #01368031 Listed on: 03/11/2024

Berkshire Hathaway-Franciscan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,850

Year Built

  • Built in 1958

Lot Details

  • 4,760 Sq Ft Lot

Home Design

  • Triplex
  • Contemporary Architecture
  • Arts and Crafts Architecture
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,910 Sq Ft Home
  • Partial Basement

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space

Utilities

  • Central Heating
  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 053-1609-011

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,850

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments
  • Architectural Style: Arts & Crafts, Contemporary
  • Year Built: 1958
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: Partial
  • Number Of Rooms: 16
  • Flooring: Tile, Vinyl, Wood
  • Price Per Square Foot: 367.70
  • Square Footage: 2910.00

Exterior Features

  • Construction Materials: Wood
  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached
  • Total Parking Spaces: 2.00
  • Covered Parking Spaces: 2.00
  • Independent Parking Spaces: 1

Utilities

  • Cooling: None
  • Heating: Central, Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Schools

  • School District: Alameda

Lot Info

  • Assessor Parcel Number: 053-1609-011
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.1093
  • Lot Size Sq Ft: 4760.00
  • Lot Size Units: SqFt
  • Price Per Acre: 9789569.99

Rental Info

  • Tenant Pays: Electricity
  • Number Of Units Month To Month: 3
  • Units Furnished: None

Building Info

  • Number of Units Total: 3

Multi Family

  • Gross Rent Multiplier: 14.27
  • Number Of2 Bedrooms Occupied: 2
  • Number of 2 Bedroom Units: 2
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • Number Of Units Leased: 3
  • Separate Meters: Electricity
  • Total Number Leasable: 1

MLS Schools

  • School District County: Alameda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2024
Closed on
Apr 9, 2024
Sold by
Woodrow Owens Exemption Trust and Unger Mark
Bought by
Liang Christopher
Seller's Agent
Andrew De Vries
Berkshire Hathaway-Franciscan
Buyer's Agent
Samantha Huang
NEXTGEN Properties
List Price
$869,000
Sold Price
$1,070,000
Premium/Discount to List
$201,000
23.13%
Total Days on Market
17
Views
69
Current Estimated Value
$1,251,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,000
Avg. Annual Appreciation
16.05%
Original Mortgage
$856,000
Outstanding Balance
$847,204
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$403,796

Purchase Details

Closed on
Jan 19, 1999
Sold by
Owens Lorane
Bought by
Owens Lorane and Woodrow Owens Exemption Trust

Purchase Details

Closed on
Jul 21, 1994
Sold by
Owens Woodrow
Bought by
Owens Woodrow and Owens Lorane

Range of Values:

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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

Date Buyer Sale Price Title Company
Liang Christopher $1,070,000 Old Republic Title Company
Owens Lorane -- --
Owens Woodrow -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Christopher $856,000
Previous Owner Woodrow Owens Exemption Trust $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $1,070,000 +23.1% $368 / Sq Ft
03/28/2024 03/28/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $869,000 -- $299 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $23,850 $1,501,065 $450,319 $1,050,746
2023 $23,356 $1,471,637 $441,491 $1,030,146
2022 $8,892 $128,418 $31,375 $97,043
2021 $6,864 $125,899 $30,759 $95,140
2020 $7,050 $124,609 $30,444 $94,165
2019 $5,568 $122,166 $29,847 $92,319
2018 $6,167 $119,771 $29,262 $90,509
2017 $6,173 $117,422 $28,688 $88,734
2016 $4,775 $115,120 $28,126 $86,994
2015 $4,678 $113,391 $27,703 $85,688
2014 $4,732 $111,170 $27,161 $84,009
Source: Public Records

Agents Affiliated with this Home

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 424013678

San Francisco Association of REALTORS® MLS

APN: 053-1609-011-00