NOT LISTED FOR SALE

Estimated Value: $1,600,000 - $1,875,869

4 Beds
4 Baths
3,000 Sq Ft
$593/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $1,800,000 $600 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $11,752/month

27 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Garden
  • Berkeley Arts Magnet at Whittier School Rated A
  • No HOA
  • Fenced

About This Home

As of December 2021

An ideal purchase for anyone looking to capitalize on the stability and popularity of North Berkeley, 1947 offers investors both long-term value and immediate cash flow. This 4 unit (4x 1BR/1BA) property is fully-rented to quality tenants paying at- or near-market rates. The structure itself is just over 3,000 sq.ft. and sits on a nearly 4,000 sq.ft. corner lot. Each unit is larger than the average 1BR (~650 sq.ft.), and comes with its own washer and dryer. From a lifestyle standpoint, everything about 1947 Virginia street is a “win.” It’s 1-block from bustling Shattuck Avenue and the ever-popular Gourmet Ghetto; roughly 5-blocks to the UC Berkeley campus; and every conceivable need (from groceries to drug stores to banks, bars, and more) is a few minutes away by foot...no wonder this property holds a Walk Score of 96! But if a car is required, investors will be happy to know 1947 Virginia also comes with three dedicated parking spots.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 09/24/2021

Keller Williams Realty

Last Buyer's Agent

Brett Weinstein

License #00923266

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,672

Year Built

  • Built in 1943

Lot Details

  • 4,150 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Garden
  • Back Yard

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3,000 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 58217214

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,672

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Year Built: 1943
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Directions: Go North on Shattuck, left on Virginia St
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Vinyl, Carpet
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater
  • Total Bedrooms: 4

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot, Landscape Front, Landscape Back
  • Construction Type: Stucco, Frame
  • Exterior Features: Back Yard, Garden/Play, Side Yard, Low Maintenance

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, Uncovered Park Spaces 2+, Street Parking

Utilities

  • Heating: Wall Furnace
  • Cooling: No Air Conditioning
  • Laundry Features: Dryer, In Unit, Washer
  • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Secured Access, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4150
  • Parcel Number: 58217214
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2022
Sold by
Ho Ham Young and Ho Bok H
Bought by
Bh & Yh Ham Trust
Current Estimated Value
$1,779,967

Purchase Details

Listed on
Sep 24, 2021
Closed on
Nov 23, 2021
Sold by
Wu Lin and Fountain Living Trust
Bought by
Ham Young Ho and Ham Bok H
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Brett Weinstein
List Price
$1,800,000
Sold Price
$1,800,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.31%
Original Mortgage
$1,440,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2021
Sold by
Wu Lin
Bought by
Wu Lin

Purchase Details

Closed on
Dec 27, 2019
Sold by
Tang Christopher and Valverde Mariela
Bought by
Wu Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 27, 2017
Sold by
Tang Christopher
Bought by
Tang Christopher and Valverde Mariela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Tang Jane
Bought by
Tang Christopher

Purchase Details

Closed on
Jun 6, 2000
Sold by
Tang Andrew H
Bought by
Tang Andrew H and Tang Irene L

Purchase Details

Closed on
Mar 15, 2000
Sold by
Tang Andrew H and Tang Jane
Bought by
Tang Jane and Tang Andrew

Purchase Details

Closed on
Jan 10, 1994
Sold by
Tang Irene L
Bought by
Tang Andrew
Source: Public Records

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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
Bh & Yh Ham Trust -- None Listed On Document
Ham Young Ho $1,800,000 Fidelity National Title Co
Wu Lin -- None Available
Wu Lin $1,460,000 Chicago Title Company
Tang Christopher -- None Available
Tang Christopher $450,000 None Available
Tang Christopher $150,000 None Available
Tang Andrew H -- None Available
Tang Andrew H -- --
Tang Jane -- --
Tang Andrew -- Northwestern Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ham Young Ho $1,440,000
Previous Owner Wu Lin $724,000
Previous Owner Wu Lin $730,000
Previous Owner Tang Christopher $580,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,800,000 -- --
12/01/2021 12/01/21 Sold $1,800,000 0.0% $600 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $1,800,000 -- $600 / Sq Ft
Source: bridgeMLS

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 $27,672 $1,865,720 $561,816 $1,310,904
2023 $27,077 $1,836,000 $550,800 $1,285,200
2022 $26,630 $1,793,000 $540,000 $1,260,000
2021 $23,208 $1,475,124 $442,537 $1,032,587
2020 $12,030 $649,242 $194,772 $454,470
2019 $11,376 $636,513 $190,954 $445,559
2018 $11,148 $624,037 $187,211 $436,826
2017 $10,738 $611,803 $183,541 $428,262
2016 $10,278 $599,810 $179,943 $419,867
2015 $10,126 $590,804 $177,241 $413,563
2014 $10,276 $579,236 $173,771 $405,465
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40968482

bridgeMLS

APN: 058-2172-014-00