Kari Wahl
Exp Realty Of California, Inc
(925) 396-5824
76 Total Sales
1 in Adams Point
$602,000 Price
216 Orange St Oakland, CA 94610
Adams Point Neighborhood
11
Beds
--
Bath
5,673
Sq Ft
6,100
Sq Ft Lot
Highlights
- Midcentury Modern Architecture
- Balcony
- Side by Side Parking
- Wood Flooring
- Double Pane Windows
- Landscaped
About This Home
As of January 2024In the very popular Grand Lake/Piedmont Ave area, this mid-century, SEVEN UNIT building has an enviable WALK score of 88. There are four 2BD units, three 1BD ones, and all have fresh air entry as opposed to sharing an interior common hall with others. The building, within a small radius, is surrounded by some 60 restaurants, cafes and pubs, two movie theaters and six grocery stores, among them Whole Foods and Trader Joe's. Attractively priced at a CAP RATE 6.2 and a GRM of 9.6, the building is being offered at $253,573 per unit, comes with six parking spaces, and is on a quiet, two block long street. The Oakland mandated soft story work has been completed. Residents enjoy, besides the 60+ nearby retail, the popular Saturday Farmer's Market and the amenities of Lake Merritt. There are banked rents from the soft story work. ASSUMABLE loan of $559,000 at 4.6%.
Last Agent to Sell the Property
Vanguard Properties License #DRE #00684382 Listed on: 11/17/2023
Last Buyer's Agent
Suguey Melgar
MELGAR REAL ESTATE SERVICES License #01448667
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1950
Lot Details
- 6,100 Sq Ft Lot
- Landscaped
- Sloped Lot
Parking
- 6 Car Garage
- 6 Carport Spaces
- Side by Side Parking
- Off-Street Parking
Home Design
- Midcentury Modern Architecture
- Composition Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 5,673 Sq Ft Home
- 3-Story Property
- Double Pane Windows
- Free-Standing Electric Range
- Leased Washer and Dryer
Flooring
- Wood
- Carpet
Home Security
- Window Bars
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Balcony
Utilities
- Radiant Heating System
- Separate Meters
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, parking fee
- Assessor Parcel Number 010-0795-009-11
Community Details
Building Details
- 7 Leased Units
- 5 Units Leased Month-To-Month
Additional Features
- 7 Units
- Coin Laundry
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 17, 2023
Closed on
Jan 10, 2024
Sold by
Bought by
Seller's Agent
Astrid Lacitis
Vanguard Properties
Buyer's Agent
Suguey Melgar
MELGAR REAL ESTATE SERVICES
List Price
$1,775,000
Sold Price
$1,600,000
Premium/Discount to List
-$175,000
-9.86%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$876,855
Interest Rate
7.22%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 17, 2023
Closed on
Jan 3, 2024
Sold by
Bought by
Seller's Agent
Astrid Lacitis
Vanguard Properties
Buyer's Agent
Suguey Melgar
MELGAR REAL ESTATE SERVICES
List Price
$1,775,000
Sold Price
$1,600,000
Premium/Discount to List
-$175,000
-9.86%
Views
38
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$876,855
Interest Rate
7.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 3, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.83%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 4, 1999
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Adams Point, CA
-
Kari Wahl
-
Daniel Winkler
Daniel Winkler
Winkler Real Estate Group
(510) 871-8855
143 Total Sales
2 in Adams Point
$499,000 Price Range
-
Eileen Townsend
Eileen Townsend
Compass
(628) 250-3928
71 Total Sales
2 in Adams Point
$445,000 Price Range
-
Perry Gastis
Perry Gastis
Bridges 8 Real Estate
(650) 502-5378
85 Total Sales
2 in Adams Point
$599,000 Price Range
-
Hector Orozco
Hector Orozco
Compass
(650) 457-6413
71 Total Sales
1 in Adams Point
$575,000 Price
-
Joy Liu
Joy Liu
Helm Real Estate
(510) 395-8779
38 Total Sales
2 in Adams Point
$602,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Fidelity National Title Compan | ||
| $1,600,000 | Fidelity National Title Compan | ||
| $998,000 | Fidelity National Title Co | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $900,000 | ||
| Previous Owner | $605,000 | ||
| Previous Owner | $640,000 | ||
| Previous Owner | $590,000 | ||
| Previous Owner | $620,000 | ||
| Previous Owner | $660,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2024 01/16/24 | Sold | $1,600,000 | -9.9% | $282 / Sq Ft |
| 12/19/2023 12/19/23 | Pending | -- | -- | -- |
| 11/17/2023 11/17/23 | For Sale | $1,775,000 | -- | $313 / Sq Ft |
Source: San Francisco Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $28,483 | $1,660,478 | $582,624 | $1,077,854 |
| 2025 | $28,483 | $1,627,920 | $571,200 | $1,056,720 |
| 2024 | $23,825 | $1,394,962 | $347,853 | $1,047,109 |
| 2023 | $24,793 | $1,367,620 | $341,035 | $1,026,585 |
| 2022 | $23,748 | $1,340,807 | $334,349 | $1,006,458 |
| 2021 | $22,158 | $1,314,525 | $327,795 | $986,730 |
| 2020 | $21,957 | $1,305,608 | $324,436 | $981,172 |
| 2019 | $20,768 | $1,280,103 | $318,076 | $962,027 |
| 2018 | $20,322 | $1,255,097 | $311,840 | $943,257 |
| 2017 | $19,341 | $1,228,926 | $305,728 | $923,198 |
| 2016 | $18,865 | $1,204,893 | $299,735 | $905,158 |
| 2015 | $18,760 | $1,186,845 | $295,234 | $891,611 |
| 2014 | $19,426 | $1,162,023 | $289,452 | $872,571 |
Source: Public Records
Agents Affiliated with this Home
-
Astrid Lacitis
Seller's Agent in 2024
Astrid Lacitis
Vanguard Properties
(415) 860-0765
1 in this area
21 Total Sales
-
Jacqueline Tonge
J
Seller Co-Listing Agent in 2024
Jacqueline Tonge
Vanguard Properties
(415) 710-7841
1 in this area
16 Total Sales
-
S
Buyer's Agent in 2024
Suguey Melgar
MELGAR REAL ESTATE SERVICES
Map
Source: San Francisco Association of REALTORS®
MLS Number: 423922931
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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