NOT LISTED FOR SALE

Estimated Value: $1,586,000 - $1,805,000

8 Beds
5 Baths
4,961 Sq Ft
$350/Sq Ft Est. Value

Last Sold December 22, 2021

Last sale price $1,720,000 $347 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $12,386/month

168 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Rectangular Lot
  • Malcolm X Elementary School Rated A
  • Garden
  • Wood Siding

About This Home

As of December 2021

Terrific property in lovely Le Conte neighborhood close to Berkeley Bowl and dynamic downtown amenities. Two structures -- Front building with 5bd/2ba + 1bd/1ba units & new foundation in 2011; Rear building with two charming 1bd/1ba units. Approved plans available for expansion of rear building. Front building has huge full-footprint basement with approx. 9' clearance and great potential. Exceptional location and opportunity!

Last Agent to Sell the Property

David Valdez

Vanguard Properties License #01437535 Listed on: 05/28/2021

Vanguard Properties

Last Buyer's Agent

OUT OF AREA OUT

OUT OF AREA - NON MEMBER License #88888888

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,342

Year Built

  • Built in 1910

Lot Details

  • 7,425 Sq Ft Lot
  • Rectangular Lot
  • Garden

Home Design

  • Quadruplex
  • Wood Siding
  • Stucco

Flooring

  • Wood
  • Partially Carpeted
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Parking

  • Off-Street Parking
  • Assigned Parking

Additional Features

  • Partial Basement
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4,961 Sq Ft Building
  • Bridge Aor Association
  • Le Conte Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5518245

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,342

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Year Built: 1910
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Subdivision Name: LE CONTE
  • Directions: Betw Shattuck/Telegraph
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Partial Carpeting, Tile, Vinyl, Other
  • Basement: Partial
  • Total Bedrooms: 8

Exterior Features

  • Lot Features: Regular
  • Construction Type: Stucco, Wood Siding
  • Exterior Features: Garden/Play, Garden

Garage/Parking

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

Utilities

  • Heating: Natural Gas
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 7425
  • Parcel Number: 5518245
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Dec 14, 2021
Sold by
Lella Koteswara Rao and Lella Sivaleela K
Bought by
Lee Jason Y
Seller's Agent
David Valdez
Vanguard Properties
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$1,975,000
Sold Price
$1,720,000
Premium/Discount to List
-$255,000
-12.91%
Current Estimated Value
$1,769,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,872
Avg. Annual Appreciation
0.80%
Original Mortgage
$1,290,000
Outstanding Balance
$1,196,707
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$573,165

Purchase Details

Closed on
Apr 19, 2005
Sold by
Xu Jeff K and Ang Charles
Bought by
Lella Koteswara Rao and Lella Sivaleela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$619,500
Interest Rate
7.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 19, 2003
Sold by
Lim Calvin and Lim Lillian
Bought by
Xu Jeff K and Ang Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 27, 2002
Sold by
Lim Rie
Bought by
Lim Calvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.22%

Purchase Details

Closed on
Sep 26, 2002
Sold by
Lim Calvin and Lim Lillian
Bought by
Lim Calvin and Lim Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.22%

Purchase Details

Closed on
Nov 20, 2000
Sold by
Lee Homer H and Lee Mabel W
Bought by
Lim Calvin and Lim Lillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,500
Interest Rate
7.71%
Mortgage Type
Unknown
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
Lee Jason Y $1,720,000 First American Title Company
Lella Koteswara Rao $885,000 Old Republic Title Company
Xu Jeff K $700,000 Commonwealth Land Title
Lim Calvin -- Fidelity National Title Ins
Lim Lillian -- Fidelity National Title Ins
Lim Calvin -- Fidelity National Title Co
Lim Calvin $615,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Jason Y $1,290,000
Previous Owner Lella Koteswara Rao $813,750
Previous Owner Lella Koteswara Rao $162,750
Previous Owner Lella Koteswara Rao $619,500
Previous Owner Xu Jeff K $500,000
Previous Owner Xu Jeff K $500,000
Previous Owner Lim Calvin $432,000
Previous Owner Lim Calvin $430,500
Previous Owner Lim Calvin $430,500
Closed Lella Koteswara Rao $221,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,720,000 -- --
12/22/2021 12/22/21 Sold $1,720,000 +1.5% $347 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
11/10/2021 11/10/21 Price Changed $1,695,000 -10.6% $342 / Sq Ft
07/22/2021 07/22/21 Price Changed $1,895,000 -4.1% $382 / Sq Ft
05/28/2021 05/28/21 For Sale $1,975,000 -- $398 / 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 $31,342 $1,789,487 $536,846 $1,252,641
2023 $30,660 $1,754,400 $526,320 $1,228,080
2022 $30,026 $1,720,000 $516,000 $1,204,000
2021 $24,730 $1,260,920 $341,873 $919,047
2020 $23,045 $1,247,995 $338,369 $909,626
2019 $21,760 $1,223,533 $331,736 $891,797
2018 $21,324 $1,199,551 $325,234 $874,317
2017 $20,591 $1,176,040 $318,860 $857,180
2016 $19,700 $1,152,988 $312,610 $840,378
2015 $19,363 $1,135,676 $307,916 $827,760
2014 $17,851 $1,000,000 $300,000 $700,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40951053

bridgeMLS

APN: 055-1824-005-00