$1,700,000
SOLD NOV 7, 2024
9 Beds
4 Baths
3,840 Sq Ft
5,500 Sq Ft Lot

Recently Sold

$443 Per Sq Ft

6% Above List Price

12 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Fireplace
  • Maya Lin School Rated A-
  • No HOA
  • 1-minute walk to Littlejohn Park

About This Home

As of November 2024

Location, location, location! Welcome to 1700 Sherman Street, this fourplex residential income property can be owner occupied in the downstairs spacious three bedroom, one bathroom unit while the three units upstairs have two bedrooms and one bathroom each. The owner’s unit, with its single-level design, dishwasher, private washer and dryer, heating/AC, and attached garage offer exclusivity. The three upstairs units have been maintained and are tenant occupied with granite countertops in the kitchen(s), stainless steel appliances, hardwood floors throughout. There are a total of 4 garages for occupants and a shared coin laundry for convenience and plenty of street parking. Minutes away from Park Street, Warehouse 48, Little John Park, public transportation, restaurants, Marina Village and so much more.

Last Agent to Sell the Property

Julie Chiem

BHHS Drysdale Properties License #02078537 Listed on: 09/27/2024

BHHS Drysdale Properties

Co-Listed By

Donn Gutierrez

BHHS Drysdale Properties License #01224411

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,826

Year Built

  • Built in 1958

Lot Details

  • 5,500 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Front Yard Sprinklers

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 723529

Community Details

Overview

  • No Home Owners Association
  • 3,840 Sq Ft Building
  • Bay East Association

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,826

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Co List Office Mls Id: MLL74829
  • Directions: Pacific Avenue > Sherman Street
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: None
  • Appliances: Gas Water Heater
  • Total Bedrooms: 9
  • Fireplace: Yes
  • Interior Amenities: Tub w/Shower Over

Exterior Features

  • Fencing: Wood
  • Lot Features: Corner Lot, Level, Regular, Landscape Front
  • Construction Type: Stucco
  • Exterior Features: Sprinklers Front, No Yard, Landscape Front

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Off Street, Assigned

Utilities

  • Heating: Wall Furnace
  • Utilities: Water/Sewer Meter on Site, Individual Gas Meter
  • Cooling: No Air Conditioning, Other
  • Laundry Features: Coin Operated, Community Facility, Other
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5500
  • Parcel Number: 723529
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2024
Closed on
Nov 5, 2024
Sold by
Michael And Eileen Gavin Family Trust and Gavin Michael J
Bought by
Tsui Ted Tat Nam and Yee Cathy Wai
Seller's Agent
Julie Chiem
BHHS Drysdale Properties
List Price
$1,599,999
Sold Price
$1,700,000
Premium/Discount to List
$100,001
6.25%
Total Days on Market
12
Views
14
Current Estimated Value
$1,684,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,468
Avg. Annual Appreciation
-1.51%
Original Mortgage
$1,360,000
Outstanding Balance
$1,353,266
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$331,266

Purchase Details

Closed on
May 28, 2015
Sold by
Gavin Michael J and Gavin Eileen
Bought by
Michael & Eileen Gavin Family Trust

Purchase Details

Closed on
Feb 17, 2012
Sold by
Gavin Michael J and Gavin Eileen
Bought by
Gavin Michael J and Gavin Eileen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2008
Sold by
Gavin Michael J and Gavin Eileen B
Bought by
Gavin Michael J and Gavin Eileen B

Purchase Details

Closed on
Nov 4, 1997
Sold by
Hamada Gary T and Hamada Janis L
Bought by
Gavin Michael J and Gabin Eileen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
7.3%
Mortgage Type
Seller Take Back
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 Type Sale Price Title Company
Grant Deed $1,700,000 Orange Coast Title Company Of
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $375,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,360,000 New Conventional
Previous Owner $332,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $10,000 Credit Line Revolving
Previous Owner $318,750 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,700,000 -- --
11/07/2024 11/07/24 Sold $1,700,000 +6.3% $443 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
09/27/2024 09/27/24 For Sale $1,599,999 -- $417 / Sq Ft
Source: Bay East 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
2024 $11,826 $587,013 $176,104 $410,909
2023 $11,446 $575,504 $172,651 $402,853
2022 $11,214 $564,220 $169,266 $394,954
2021 $10,973 $553,158 $165,947 $387,211
2020 $10,761 $547,488 $164,246 $383,242
2019 $9,602 $536,755 $161,026 $375,729
2018 $9,380 $526,233 $157,870 $368,363
2017 $9,016 $515,917 $154,775 $361,142
2016 $8,990 $505,803 $151,741 $354,062
2015 $8,940 $498,205 $149,461 $348,744
2014 -- $488,448 $146,534 $341,914
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41074657

Bay East Association of REALTORS®

APN: 072-0352-009-00