NOT LISTED FOR SALE

Estimated Value: $645,000 - $843,000

9 Beds
3 Baths
3,309 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $860,000 $260 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,908/month

9 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wall Furnace
  • 4 Car Attached Garage
  • Paved or Partially Paved Lot

About This Home

As of June 2024

This is an exceptional opportunity for a well maintained 4 Plex in Richmond. Fully occupied with reliable long-term tenants, this property offers stability and income potential. Featuring a bonus nonconforming studio unit, the property boasts a total of five units, enhancing its investment appeal. Among them, three units offer spacious 2-bedroom, 1-bathroom layouts, while a ground floor unit provides a generous 3-bedroom, 1-1/2-bathroom configuration with a sizable backyard. Each of the four conforming units includes a single-car garage, providing off-street parking and storage convenience. Upgrades include dual-pane windows. a dedicated laundry room equipped with owner-owned machines not only benefits tenants but also generates supplementary income for the owner. Conveniently located near BART, shopping centers, and the Kaiser medical facility, this property offers easy access to essential amenities.

Last Agent to Sell the Property

Chuck Barberini

BPO Homes Inc License #01324660 Listed on: 05/01/2024

Last Buyer's Agent

Chuck Barberini

BPO Homes Inc License #01324660 Listed on: 05/01/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,290

Year Built

  • Built in 1984

Lot Details

  • 5,650 Sq Ft Lot
  • Back Yard Fenced
  • Paved or Partially Paved Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Wood Shingle Exterior

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association
  • 3,309 Sq Ft Building
  • Contra Costa Association
  • South Richmond Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5402000250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,290

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Year Built: 1984
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Subdivision Name: SOUTH RICHMOND
  • Directions: MacDonald - Marina Way - Chanslor
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet
  • Basement: None
  • Other Equipment: None
  • Total Bedrooms: 9
  • Fireplace: No

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Level, Paved
  • Construction Type: Wood

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 4

Utilities

  • Heating: Wall Furnace
  • Cooling: No Air Conditioning
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: CONTRA COSTA
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5650
  • Parcel Number: 5402000250
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
Jun 27, 2024
Sold by
Atkinson Philip James and Le Linda
Bought by
1917 Chanslor Ave Llc
Seller's Agent
Chuck Barberini
BPO Homes Inc
Buyer's Agent
Chuck Barberini
Exp Realty Of California Inc.
List Price
$910,000
Sold Price
$860,000
Premium/Discount to List
-$50,000
-5.49%
Views
10
Current Estimated Value
$775,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$84,191
Avg. Annual Appreciation
-2.94%
Original Mortgage
$645,000
Outstanding Balance
$637,908
Interest Rate
7.02%
Mortgage Type
Seller Take Back
Estimated Equity
$191,623

Purchase Details

Closed on
Jun 24, 2005
Sold by
Spatz David M and Lu Anyi
Bought by
Fuentes Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$707,750
Interest Rate
5.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 7, 2001
Sold by
Spatz David M
Bought by
Spatz David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.37%
Source: Public Records

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 Buyer Sale Price Title Company
1917 Chanslor Ave Llc $860,000 Wfg National Title Insurance C
Fuentes Maria A $745,000 Fidelity National Title
Spatz David M -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1917 Chanslor Ave Llc $645,000
Previous Owner Fuentes Maria A $707,750
Previous Owner Spatz David M $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $860,000 -- --
06/28/2024 06/28/24 Sold $860,000 -5.5% $260 / Sq Ft
05/10/2024 05/10/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $910,000 -- $275 / Sq Ft
Source: Contra Costa 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
2025 $9,290 $877,200 $571,200 $306,000
2024 $8,953 $315,612 $100,993 $214,619
2023 $8,953 $309,424 $99,013 $210,411
2022 $8,668 $303,358 $97,072 $206,286
2021 $8,443 $297,411 $95,169 $202,242
2019 $7,875 $288,593 $92,348 $196,245
2018 $7,561 $282,936 $90,538 $192,398
2017 $7,323 $277,389 $88,763 $188,626
2016 $7,138 $271,951 $87,023 $184,928
2015 $7,001 $267,867 $85,716 $182,151
2014 $6,903 $262,620 $84,037 $178,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Contra Costa Association of REALTORS®

MLS Number: 41058054

Contra Costa Association of REALTORS®

APN: 540-200-025-0