NOT LISTED FOR SALE

Oakland, CA 94611

Piedmont Avenue Neighborhood

Estimated Value: $889,000 - $1,020,713

4 Beds
2 Baths
-- Sq Ft
3,018 Sq Ft Lot

Last Sold October 06, 2020

Last sale price $890,000

Est. 9% increase in value since last sale

Current estimated payment $6,421/month

2 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • Balcony
  • 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: 07/25/2020

Last Buyer's Agent

Kiran Karnad

REALTY ONE License #01175179

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,116

Year Built

  • Built in 1906

Lot Details

  • 3,018

Home Design

  • Duplex
  • Victorian Architecture
  • Brick Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • Fireplace
  • Window Treatments
  • Basement Storage
  • Free-Standing Range

Flooring

  • Wood
  • Carpet

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Utilities

  • Central Heating
  • Gas Water Heater

Additional Features

  • Balcony
  • 3,018 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 010-0807-001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,116

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1906
  • Architectural Style: Victorian
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Free Standing Refrigerator, Free Standing Oven/Range
  • Flooring: Carpet, Wood
  • Basement: Storage Area
  • Price Per Square Foot: 359.60
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • Disclosures/Documents: Sewer or Septic Report
  • Foundation: BrickMortar
  • Listing Price: 880000.00
  • Lot Features: Shape Regular
  • Patio And Porch Features: Balcony/Deck
  • Roof: Composition

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Central, Fireplace(s), Gas
  • Laundry Features: In Each Unit, Washer/Dryer Hookups, Washer/Dryer

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.0693
  • Lot Size Sq Ft: 3018.00

Green Features

  • Green Verification Rating: 0

Multi Family

  • Number of Units: 2
  • Number of Vacant Units: 2

Tax Info

  • Assessor Parcel Number: 010-0807-001

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
$968,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,678
Avg. Annual Appreciation
1.73%
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

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
Karnad Joshua Rishi $890,000 Fidelity National Title Co
Kramer Susan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karnad Ooshua Rishi $1,162,400
Closed Karnad Joshua Rishi $915,000
Closed Karnad Joshua Rishi $900,000
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
2025 $15,116 $1,022,780 $289,006 $733,774
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

  • Edward Cathcart

    Seller's Agent in 2020

    Edward Cathcart

    American DreamWorks Realty

    (916) 869-5963

    2 in this area

    8 Total Sales

    Edward Cathcart
    Section Image
  • Kiran Karnad

    Buyer's Agent in 2020

    Kiran Karnad

    REALTY ONE

    (510) 368-8888

    2 in this area

    5 Total Sales

    Kiran Karnad
    Section Image
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Source: MetroList

MLS Number: 502438

MetroList

APN: 010-0807-001-00

California Alameda County Oakland 94611

Piedmont Avenue

This home since 25 July 2020 and is currently estimated at $968,678. This property was built in 1906. This home is a home located in Alameda County with nearby schools including Piedmont Avenue Elementary School, Westlake Middle School, and Oakland Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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