J
Seller's Agent in 2021
Joseph Garbayo
217 Pacific Ave Alameda, CA 94501
West Alameda NeighborhoodEstimated Value: $1,119,000 - $1,214,000
4
Beds
3
Baths
2,123
Sq Ft
$546/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Forced Air Heating System
- Encinal Junior/Senior High Rated A
- Cooling Available
- 4-minute walk to Woodstock Park
About This Home
As of February 2021217 Pacific is a COMPLETELY VACANT Triplex in Alameda's West End, built in 1890. This is a rare opportunity to own a completely vacant triplex. No more honoring below market rents from previous tenants. This is your chance to start over fresh. The property has one 2-bedroom/1 bath unit (unit A) which comes fully furnished, and has been used as a successful short-term rental, or could be used as an owners unit. The other two units are 1-bedroom/1 bath (units B & C). Tenants have use of the back patio which has on-site coin laundry and parking. In addition, the rear patio has space for an ADU. Alameda rents have steadily increased over the years. With the West End soon-to-be developed Alameda Point, along with San Francisco Ferry service, this makes the building a desirable location. Rare opportunity to have one turnkey, fully furnished unit, and two, vacant units. 217 Pacific Avenue offers a great opportunity for an owner occupied or investor. Offer Date Friday 1/29 12p
Last Agent to Sell the Property
Joseph Garbayo
License #02006853 Listed on: 09/17/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1890
Lot Details
- 4,208 Sq Ft Lot
- Rectangular Lot
Parking
- Off-Street Parking
Home Design
- Triplex
- Wood Siding
- Composition Shingle
Interior Spaces
- Self Contained Fireplace Unit Or Insert
- Unfinished Basement
Flooring
- Wood
- Partially Carpeted
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Dryer
- Washer
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 744733
Community Details
Overview
- No Home Owners Association
- 2,123 Sq Ft Building
- Bay East Association
- Woodstock Subdivision
Amenities
- Coin Laundry
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2020
Closed on
Feb 19, 2021
Sold by
Garbayo Joseph L
Bought by
Strong Jacob M
Seller's Agent
Joseph Garbayo
Buyer's Agent
Paul Beaudreau
KW Peninsula Estates
List Price
$995,000
Sold Price
$1,100,000
Premium/Discount to List
$105,000
10.55%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,600
Avg. Annual Appreciation
1.08%
Original Mortgage
$880,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 2012
Sold by
Garbayo Joseph L and Garbayo Nicole R
Bought by
Garbayo Joseph L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.34%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2000
Sold by
Wibben Bruce
Bought by
Garbayo Joseph L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,800
Interest Rate
8.43%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Strong Jacob M | $1,100,000 | Old Republic Title Company | |
| Garbayo Joseph L | -- | Lsi | |
| Garbayo Joseph L | $392,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Strong Jacob M | $880,000 | |
| Previous Owner | Garbayo Joseph L | $350,000 | |
| Previous Owner | Garbayo Joseph L | $352,800 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $1,100,000 | -- | -- |
| 02/26/2021 02/26/21 | Sold | $1,100,000 | +10.6% | $518 / Sq Ft |
| 02/15/2021 02/15/21 | Pending | -- | -- | -- |
| 12/01/2020 12/01/20 | Price Changed | $995,000 | 0.0% | $469 / Sq Ft |
| 12/01/2020 12/01/20 | For Sale | $995,000 | -9.5% | $469 / Sq Ft |
| 11/20/2020 11/20/20 | Off Market | $1,100,000 | -- | -- |
| 11/05/2020 11/05/20 | Price Changed | $1,195,500 | -7.7% | $563 / Sq Ft |
| 10/07/2020 10/07/20 | Price Changed | $1,295,000 | -2.3% | $610 / Sq Ft |
| 09/17/2020 09/17/20 | For Sale | $1,325,000 | -- | $624 / Sq Ft |
Source: Bay East Association of REALTORS®
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 | $17,256 | $1,183,661 | $416,731 | $773,930 |
| 2024 | $17,256 | $1,160,320 | $408,562 | $758,758 |
| 2023 | $16,590 | $1,144,440 | $400,554 | $743,886 |
| 2022 | $16,210 | $1,115,000 | $392,700 | $729,300 |
| 2021 | $9,438 | $545,663 | $163,699 | $381,964 |
| 2020 | $9,320 | $540,070 | $162,021 | $378,049 |
| 2019 | $8,631 | $529,481 | $158,844 | $370,637 |
| 2018 | $8,424 | $519,101 | $155,730 | $363,371 |
| 2017 | $8,290 | $508,925 | $152,677 | $356,248 |
| 2016 | $7,979 | $498,948 | $149,684 | $349,264 |
| 2015 | $7,939 | $491,457 | $147,437 | $344,020 |
| 2014 | $7,787 | $481,834 | $144,550 | $337,284 |
Source: Public Records
Agents Affiliated with this Home
-
-
Paul Beaudreau
Buyer's Agent in 2021
Paul Beaudreau
KW Peninsula Estates
(650) 302-6329
1 in this area
27 Total Sales
Map
Source: Bay East Association of REALTORS®
MLS Number: 40920661
APN: 074-0473-003-00
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