$505,000
SOLD JUL 13, 2015

1905 Clayton Way Unit A Concord, CA 94519

Parkside Neighborhood
5 Beds
3 Baths
1,887 Sq Ft
6,055 Sq Ft Lot

Recently Sold

$268 Per Sq Ft

5% Below List Price

59 Days on Market

About This Home

As of July 2015

Great Duplex for an Investor or Owner Occupier. Longterm High Quality Tenants. 5.1% CAP Rate. Rents are Under Market Value, With Rent Increases CAP Rate will to 6+%. Home remodeled in 2002. 1.5 Miles to downtown Concord. Close to BART Station to Commute to East Bay and San Francisco. Leases expire July 1st and September 1st.

Last Agent to Sell the Property

Andy Tse

Intero Real Estate Services License #01345580

Intero Real Estate Services

Co-Listed By

Justin Carrow

Intero Real Estate Services License #01917854

Last Buyer's Agent

Tammy Xuan Nguyen

Baycal Capital License #01371726

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,594

Year Built

  • 1976

Lot Details

  • 6,055 Sq Ft Lot

Home Design

  • Duplex
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,887 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Alarm System
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Parking

  • 3 Parking Spaces
  • 1 Carport Space
  • Off-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $33,900

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $300
  • Insurance Expense $800
  • Trash Expense $960
  • Operating Expense $6,627
  • Gross Income $33,901

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,594

Year Built

1976

Lot Details

0

Listing Details

  • Zoning: To be determined
  • Subclass: Duplex
  • Age: 39
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1887
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1976

Interior Features

  • Kitchen: Cooktop - Electric, Dishwasher, Oven - Electric
  • Living Sq Ft: 1887
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Off-Street Parking
  • Carport Min: 1

Utilities

  • Cooling System: Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1390
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6060.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6060.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Less Than 1 Yr
  • Gross Rent Multiplier: 15.63
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 800
  • Expense Landscape: 300
  • Expenses Total: 6627
  • Expense Trash: 960
  • Income Annual Gross: 33901.00
  • Income Annual Rental: 33900
  • Income Gross Scheduled: 33901
  • Income Includes: Rents
  • Income Other: 1
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Kenneth Ma
Bought by
Ying Weiguo and Qiu Lihua
Total Days on Market
59
Current Estimated Value
$996,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,500
Outstanding Balance
$574,130
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$319,744

Purchase Details

Listed on
Apr 24, 2015
Closed on
Jul 6, 2015
Sold by
Fillipo David James
Bought by
Fillipo David James
Seller's Agent
Andy Tse
Intero Real Estate Services
Buyer's Agent
Tammy Xuan Nguyen
Baycal Capital
List Price
$530,000
Sold Price
$505,000
Premium/Discount to List
-$25,000
-4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.98%

Purchase Details

Closed on
Apr 10, 2015
Sold by
Fillipo David J
Bought by
Ma Kenneth

Purchase Details

Closed on
Nov 30, 2005
Sold by
Fillipo David J
Bought by
The David J Fillipo Living Trust

Purchase Details

Closed on
Apr 17, 2000
Sold by
Garello Annette
Bought by
Fillipo David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Map

Range of Values:

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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 Type Sale Price Title Company
Grant Deed $875,000 Chicago Title
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $505,000 Chicago Title Company
Interfamily Deed Transfer -- --
Grant Deed $255,000 American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $612,500 New Conventional
Previous Owner $222,000 Unknown
Previous Owner $204,000 Purchase Money Mortgage
Previous Owner $80,784 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $2,500 -- --
04/27/2024 04/27/24 Rented $2,500 0.0% --
04/18/2024 04/18/24 Price Changed $2,500 -3.8% $3 / Sq Ft
03/13/2024 03/13/24 Price Changed $2,600 -3.7% $3 / Sq Ft
02/03/2024 02/03/24 Price Changed $2,700 -3.6% $3 / Sq Ft
01/05/2024 01/05/24 For Rent $2,800 0.0% --
07/13/2015 07/13/15 Sold $505,000 -4.7% $268 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $530,000 -- $281 / Sq Ft
Source: MLSListings

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 $11,594 $910,350 $572,220 $338,130
2023 $11,594 $892,500 $561,000 $331,500
2022 $7,937 $563,333 $306,766 $256,567
2021 $7,715 $552,288 $300,751 $251,537
2019 $7,546 $535,909 $291,832 $244,077
2018 $7,217 $525,402 $286,110 $239,292
2017 $6,952 $515,100 $280,500 $234,600
2016 $6,733 $505,000 $275,000 $230,000
2015 $4,703 $326,094 $115,089 $211,005
2014 $4,567 $319,707 $112,835 $206,872
Source: Public Records

Source: MLSListings

MLS Number: ML81461893

MLSListings

APN: 114-441-013-9