NOT LISTED FOR SALE

209 2nd St Rodeo, CA 94572

Estimated Value: $707,000 - $1,144,000

5 Beds
3 Baths
3,000 Sq Ft
$341/Sq Ft Est. Value

Last Sold July 10, 2024

Last sale price $1,160,000 $387 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $6,030/month

49 Days on Market

Highlights

  • Bay View
  • Corner Lot
  • Garden
  • Wood Flooring
  • No HOA
  • Forced Air Heating System

About This Home

As of July 2024

Welcome to an exceptional opportunity to acquire a meticulously maintained triplex alongside an additional 6,000 sq ft lot in the established Rodeo neighborhood. Situated within walking distance of the San Francisco Bay Trail, this property offers a wonderful view of San Pablo bay, unparalleled access to open spaces and the refreshing bay breezes. The triplex is situated on a 6,000 sq ft lot, with county approval to add an Accessory Dwelling Unit (ADU) to enhance future rental income. Currently, two units are vacant, presenting a prime opportunity to secure tenants at competitive market rates. Alternatively, consider occupying one unit as your primary residence while leveraging rental income to offset mortgage expenses. Owner recently put on a newer roof. Adjacent to the triplex is an empty lot suitable for constructing a single-family residence with an ADU, providing additional value in the future. Alternatively, explore options such as creating an family compound for extended families, orchard, vegetable garden, or expanding landscaping possibilities. Please note that the land is included with the triplex and cannot be sold separately. Refer to disclosures for further details. NOTE: Financials are both actual and estimated. Please refer to the Proforma in the disclosures.

Last Agent to Sell the Property

John Morra

Century 21 Masters License #01884598 Listed on: 03/20/2024

Century 21 Masters

Last Buyer's Agent

Nancy Keating

Compass License #01920289

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,774

Year Built

  • Built in 1942

Lot Details

  • 6,250 Sq Ft Lot
  • Corner Lot
  • Rectangular Lot
  • Garden
  • Back Yard Fenced and Front Yard

Property Views

  • Bay
  • Partial Bay or Harbor

Home Design

  • Triplex
  • Stucco

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 3,000 Sq Ft Building
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 3570610117

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,774

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Year Built: 1942
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Directions: Map Quest it
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Vinyl, Carpet, Wood
  • Basement: None
  • Other Equipment: None
  • Total Bedrooms: 5
  • Fireplace: No

Exterior Features

  • Fencing: Back Yard
  • Lot Features: Corner Lot, Level, Premium Lot, Regular, Back Yard, Front Yard, Garden, See Remarks
  • View: Bay, Partial
  • View: Yes
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Front Yard, Side Yard, Garden, See Remarks, Yard Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Parking Lot

Utilities

  • Heating: Forced Air
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Zoning: P-1
  • Lot Size Sq Ft: 6250
  • Parcel Number: 3570610117
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
Jun 6, 2024
Sold by
Terry L And Robin K Tigh 2020 Trust and Tigh Terry L
Bought by
Kekst Brad
Seller's Agent
John Morra
Century 21 Masters
Buyer's Agent
Nancy Keating
Compass
List Price
$1,250,000
Sold Price
$1,160,000
Premium/Discount to List
-$90,000
-7.2%
Views
107
Current Estimated Value
$1,023,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$136,802
Avg. Annual Appreciation
-9.20%
Original Mortgage
$872,000
Outstanding Balance
$861,020
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$162,178

Purchase Details

Closed on
Mar 19, 2024
Sold by
Tigh Terry L and Tigh Robin K
Bought by
Terry L And Robin K Tigh 2020 Trust and Tigh

Purchase Details

Closed on
Nov 5, 2020
Sold by
Tigh Terry L and Tigh Robin K
Bought by
Tigh Terry L and Tigh Robin K
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
Kekst Brad $1,160,000 Chicago Title
Terry L And Robin K Tigh 2020 Trust -- Chicago Title
Tigh Terry L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kekst Brad $872,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,160,000 -- --
07/10/2024 07/10/24 Sold $1,160,000 -7.2% $387 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $1,250,000 -- $417 / Sq Ft
Source: Bay East 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 $7,774 $1,060,800 $122,400 $938,400
2024 $7,490 $284,093 $70,714 $213,379
2023 $7,490 $278,524 $69,328 $209,196
2022 $7,087 $273,064 $67,969 $205,095
2021 $6,985 $267,711 $66,637 $201,074
2019 $6,824 $259,772 $64,661 $195,111
2018 $6,690 $254,680 $63,394 $191,286
2017 $6,563 $249,687 $62,151 $187,536
2016 $6,272 $244,792 $60,933 $183,859
2015 $6,236 $241,116 $60,018 $181,098
2014 $5,920 $225,000 $56,000 $169,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41053302

Bay East Association of REALTORS®

APN: 357-061-011-7