$890,000
SOLD OCT 6, 2020
4 Beds
2 Baths
2,476 Sq Ft
3,019 Sq Ft Lot

Recently Sold

$359 Per Sq Ft

9% Below List Price

540 Days on Market

Highlights

  • A-Frame Home
  • Private Lot
  • Fireplace
  • Oakland Technical High School Rated A
  • No HOA
  • 4-minute walk to Oak Glen Park

About This Home

As of October 2020

***Opportunity Knocks***At this price, this Over/Under Duplex with 2 bed 1 bath in each 1238 sf unit is a great investment for a rental hold portfolio, owner operator that wants to live in one unit and rent out the other or a potential business on the first floor with residence on upper floor. This is a great location and is only one block from Piedmont St and walking distance to the famous Fenton's Creamery, Zagat award winning Barney's, Kaiser hospital, public transit and easy access to freeways. If you like the city feel and love exercise, walk-ability to local shopping, this is the home for you. Unlimited potential with this property. At this price, it won't last long, so act quickly. The unique architecture of this home is a must see.

Last Agent to Sell the Property

Edward Cathcart

American DreamWorks Realty License #01874049 Listed on: 02/03/2019

Last Buyer's Agent

Kiran Karnad

REALTY ONE License #01175179

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,760

Year Built

  • Built in 1906

Lot Details

  • 3,019 Sq Ft Lot
  • Private Lot
  • Corner Lot

Home Design

  • Duplex
  • A-Frame Home
  • Victorian Architecture
  • Brick Foundation
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Wood Siding
  • Masonry

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Basement Storage

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Parking

  • On-Street Parking
  • Off-Street Parking

Utilities

  • Central Heating
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 010-0807-001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Insurance Expense $1,340
  • Maintenance Expense $2,941
  • Other Expense $564
  • Professional Management Expense $2,000
  • Operating Expense $19,171
  • Net Operating Income $52,828

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,760

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1906
  • Architectural Style: A-Frame, Victorian
  • Levels: Two
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Free Standing Refrigerator, Gas Water Heater, Free Standing Oven/Range
  • Basement: Storage Area
  • Price Per Square Foot: 359.60

Exterior Features

  • Construction Materials: Masonry, Wood Siding
  • Foundation: BrickMortar, PillarPostPier
  • Listing Price: 880000.00
  • Lot Features: Corner, Private, Shape Regular, City
  • Roof: Composition

Garage/Parking

  • Parking Features: 1-3 Cars, Off Street, Street

Utilities

  • Sewer: Public Sewer
  • Utilities: Electric, Natural Gas Connected, PG&E
  • Electric: 220 Volts
  • Heating: Central, Electric, Fireplace(s)
  • Laundry Features: In Each Unit, Washer/Dryer Hookups, Washer/Dryer
  • Water Source: Public
  • Utilities Expenses: 566
  • Separate Meters: Electricity,Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.0693
  • Lot Size Sq Ft: 3019.00
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 72000
  • Operating Expense: 19171
  • Insurance Expense: 1340
  • Maintenance Expense: 2941
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 010-0807-001
  • Current RE Taxes: 11760
  • Bonds/Assessments/Taxes Description: Transfer Tax City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Sep 24, 2020
Sold by
Kramer Susan
Bought by
Karnad Joshua Rishi and Kim Nam Soo
Seller's Agent
Edward Cathcart
American DreamWorks Realty
Buyer's Agent
Kiran Karnad
REALTY ONE
List Price
$979,900
Sold Price
$890,000
Premium/Discount to List
-$89,900
-9.17%
Current Estimated Value
$974,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,665
Avg. Annual Appreciation
6.51%
Original Mortgage
$900,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 20, 2010
Sold by
Kramer Sheila and Phillips Linda
Bought by
Kramer Susan
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 $890,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,162,400 New Conventional
Closed $915,000 New Conventional
Closed $900,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2020 10/06/20 Sold $890,000 0.0% $359 / Sq Ft
10/06/2020 10/06/20 Sold $890,000 -9.2% --
07/27/2020 07/27/20 Pending -- -- --
07/27/2020 07/27/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $979,900 0.0% --
02/03/2019 02/03/19 For Sale $980,000 -- $396 / Sq Ft
Source: MetroList

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 $15,116 $1,002,730 $283,340 $719,390
2023 $17,127 $983,075 $277,786 $705,289
2022 $14,568 $907,800 $272,340 $635,460
2021 $13,953 $890,000 $267,000 $623,000
2020 $2,532 $60,529 $39,456 $21,073
2019 $2,288 $59,343 $38,683 $20,660
2018 $2,244 $58,180 $37,925 $20,255
2017 $2,100 $57,039 $37,181 $19,858
2016 $1,938 $55,920 $36,452 $19,468
2015 $1,922 $55,080 $35,904 $19,176
2014 $1,909 $54,001 $35,201 $18,800
Source: Public Records

Agents Affiliated with this Home

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Source: MetroList

MLS Number: 21902330

MetroList

APN: 010-0807-001-00