NOT LISTED FOR SALE

Estimated Value: $1,310,000 - $1,517,581

4 Beds
2 Baths
2,054 Sq Ft
$678/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $1,300,000 $633 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,629/month

13 Days on Market

Highlights

  • Solar Power System
  • 2 Car Attached Garage
  • 1-Story Property
  • Capuchino High School Rated A-
  • Washer and Dryer
  • 1-minute walk to Forest Lane Park

About This Home

As of June 2021

Great opportunity to own income property in the Bay Area. Charming 2 unit duplex. Unit 207 recently remodeled kitchen and bathroom, Unit 205 bathroom recently remodeled, and newer laminate floors throughout. Eat-in kitchen and spacious living rooms and bedrooms. Lots of storage in the garage and solar power to top it off. Common walls are the garages. Close to freeways and transportation. Walkable to BART and CALTrain.

Last Agent to Sell the Property

Kent Flinn

Intero Real Estate Services License #00982671 Listed on: 04/22/2021

Intero Real Estate Services

Last Buyer's Agent

Kenneth Chiu

Sincere Realty License #00943634

Property Details

Home Type

  • Multi-Family

Year Built

  • 1950

Lot Details

  • 4,700

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,054 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Disposal

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Additional Features

  • Solar Power System
  • 4,700 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $75,600

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $11,881
  • Utility Expense $1,440
  • Operating Expense $25,299
  • Gross Income $74,844

Property Details

Home Type

Multi-Family

Year Built

1950

Lot Details

4,700 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R20000
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2054
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1950

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2054
  • Stories: 1
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1079
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4700.00

Green Features

  • Energy Features: Solar Power

Rental Info

  • Existing Lease Term(s): Lease(s), Less Than 1 Yr
  • Gross Rent Multiplier: 17.86
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 11881
  • Expenses Total: 25299
  • Expenses Utility: 1440
  • Income Annual Gross: 74844.00
  • Income Annual Rental: 75600
  • Income Gross Scheduled: 75600
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Equipment/Fixture Rental, Fee - Property Tax, Insurance
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 10, 2021
Sold by
Lok Gregory
Bought by
Liang Michael W H and Tan Cynthia X
Seller's Agent
Kent Flinn
Intero Real Estate Services
Buyer's Agent
Kenneth Chiu
Sincere Realty
List Price
$135,000
Sold Price
$1,300,000
Premium/Discount to List
$1,165,000
862.96%
Current Estimated Value
$1,393,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,145
Avg. Annual Appreciation
1.47%
Original Mortgage
$845,000
Outstanding Balance
$765,042
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$628,103

Purchase Details

Listed on
Jun 2, 2018
Closed on
Jul 11, 2018
Sold by
Ranieri Anthony C
Bought by
Lok Gregory
Seller's Agent
Tricia Ward
Victory Real Estate & Loans
Buyer's Agent
Kent Flinn
Berkshire Hathaway Home Services California Realty
List Price
$1,099,900
Sold Price
$1,050,000
Premium/Discount to List
-$49,900
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$700,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 2, 2018
Closed on
Jul 10, 2018
Sold by
Hau Claire Jenn Man
Bought by
Lok Gregory
Seller's Agent
Tricia Ward
Victory Real Estate & Loans
Buyer's Agent
Kent Flinn
Berkshire Hathaway Home Services California Realty
List Price
$1,099,900
Sold Price
$1,050,000
Premium/Discount to List
-$49,900
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jun 2, 2018
Closed on
Jul 6, 2018
Sold by
Ranieri Anna and Ranieri Anna
Bought by
Ranieri Anlthony C and Ranieri Irrevocable Trust
Seller's Agent
Tricia Ward
Victory Real Estate & Loans
Buyer's Agent
Kent Flinn
Berkshire Hathaway Home Services California Realty
List Price
$1,099,900
Sold Price
$1,050,000
Premium/Discount to List
-$49,900
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2015
Sold by
Ranieri Anna
Bought by
Ranieri Anthony C

Purchase Details

Closed on
Aug 3, 2006
Sold by
Ranieri Anthony
Bought by
Ranieri Anna and Anna Ranieri 2000 Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 12, 2004
Sold by
Ranieri Anthony C and Ranieri Muraya M
Bought by
Ranieri Anthony and Ranieri Muraga

Purchase Details

Closed on
Sep 27, 2002
Sold by
Ranieri Anna
Bought by
Ranieri Anna

Purchase Details

Closed on
May 23, 2002
Sold by
Ranieri Anthony C and Ranieri Anna
Bought by
Ranieri Anna and Ranieri Anthony C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.8%

Purchase Details

Closed on
Apr 29, 2002
Sold by
Ranieri Anna
Bought by
Ranieri Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
5.8%

Purchase Details

Closed on
Oct 23, 2000
Sold by
Ranieri Anna
Bought by
Ranieri Anna

Purchase Details

Closed on
Oct 27, 1997
Sold by
Anthony Ranieri
Bought by
Ranieri Anthony C and Ranieri Anna
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liang Michael W H $1,300,000 Old Republic Title Company
Lok Gregory $1,050,000 Old Republic Title Co
Lok Gregory -- Old Republic Title Co
Ranieri Anlthony C -- Old Republic Title Co
Ranieri Anthony C -- None Available
Ranieri Anna -- None Available
Ranieri Anna -- Chicago Title Company
Ranieri Anthony -- Chicago Title Company
Ranieri Anthony -- Chicago Title Company
Ranieri Anthony -- --
Ranieri Anna -- --
Ranieri Anna -- Stewart Title Of Ca Inc
Ranieri Anna -- --
Ranieri Anna -- --
Ranieri Anna -- --
Ranieri Anthony C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Michael W H $845,000
Previous Owner Lok Gregory $700,000
Previous Owner Ranieri Anthony $313,000
Previous Owner Ranieri Anna $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2021 06/10/21 Sold $1,300,000 +863.0% $633 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $135,000 -87.1% $66 / Sq Ft
07/12/2018 07/12/18 Sold $1,050,000 -4.5% $511 / Sq Ft View Prior Sale
06/15/2018 06/15/18 Pending -- -- --
06/02/2018 06/02/18 For Sale $1,099,900 -- $535 / 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
2025 $17,512 $1,407,160 $692,756 $714,404
2023 $17,512 $1,352,520 $665,856 $686,664
2022 $14,699 $1,326,000 $652,800 $673,200
2021 $12,092 $1,082,095 $875,982 $206,113
2020 $11,978 $1,071,000 $867,000 $204,000
2019 $11,783 $1,050,000 $850,000 $200,000
2018 $3,168 $286,126 $85,830 $200,296
2017 $3,134 $280,517 $84,148 $196,369
2016 $3,065 $275,018 $82,499 $192,519
2015 $3,024 $270,888 $81,260 $189,628
2014 $2,981 $265,583 $79,669 $185,914
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81839694

MLSListings

APN: 020-102-330

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