NOT LISTED FOR SALE

Estimated Value: $1,378,000 - $1,674,644

5 Beds
4 Baths
2,117 Sq Ft
$720/Sq Ft Est. Value

Last Sold February 06, 2019

Last sale price $1,229,000 $581 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $9,806/month

9 Days on Market

Highlights

  • Wood Flooring
  • Rosa Parks Elementary School Rated A
  • 2-minute walk to Strawberry Creek Park

About This Home

As of February 2019

AMAZING!!!!!!!!! Corner location 4plex in an area of high demand for rental units - Move in one unit and collect rental income ~ two units will be delivered vacant and fully remodeled (2Bed/1Bath and a Studio with attached 1 car garage) Ready for new owner to move in or rent at current market value. Vacant units have new kitchen cabinets with granite counter tops and stainless steel appliances, bathrooms have new tubs and granite slab shower walls. Both units were re-textured and painted. New flooring, carpet, laminate and tile, was installed. The two lower units have new roll up garage doors. The other two units are tenant occupied (2Bed/1Bath and 1Bed/1Bath with 1 car attached garage). Both occupied units are in good condition. Great size backyard with a new patio area for BBQs or just to sit and relax. All units have their own gas and electric meters owner pays for water and garbage only. Perfect location near University and San Pablo, a short bike ride to UCB and 11 miles SF

Last Listed By

Rafael Insignares

Intero San Jose, Willow Glen Lincoln Ave License #01199652 Listed on: 01/07/2019

Intero San Jose, Willow Glen Lincoln Ave

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,638

Year Built

  • 1924

Lot Details

  • 3,999 Sq Ft Lot

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Quadruplex
  • Elastomeric Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,117 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,638

Year Built

1924

Lot Details

0

Parking

2

Listing Details

  • Zoning: 2
  • Subclass: Fourplex
  • Style: Flat
  • Age: 95
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2117
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

  • Living Sq Ft: 2117
  • Stories: 2
  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Elastomeric

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Berkeley Unified

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.0918
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.62
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2023
Sold by
Chaudhary Gautam and Chaudhary Archana
Bought by
Chaudhary 2009 Trust
Total Days on Market
9
Current Estimated Value
$1,523,661

Purchase Details

Listed on
Jan 7, 2019
Closed on
Jan 25, 2019
Sold by
Castaneda Sureya
Bought by
Chaudhary Gautam and Chaudhary Archana
Seller's Agent
Rafael Insignares
Intero San Jose, Willow Glen Lincoln Ave
Buyer's Agent
Abhi Indap
KW Advisors
List Price
$1,229,000
Sold Price
$1,229,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%
Original Mortgage
$726,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2017
Sold by
Fannie Mae
Bought by
Castaneda Sureya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 3, 2012
Sold by
Gmac Mortgage Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 24, 2012
Sold by
Virk Dhian Singh and Virk Gurcharan Kaur
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
May 26, 2011
Sold by
Virk Dhian Singh and Virk Gurcharn Kaur
Bought by
Virk Dhian and Virk Gurcharn

Purchase Details

Closed on
Jan 5, 2007
Sold by
Gondak Matt and Gondak Brenda
Bought by
Virk Dhian Singh and Virk Gurcharan Kaur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2006
Sold by
Gondak Matthew D and Gondak Brenda S
Bought by
Gondak Matt and Gondak Brenda

Purchase Details

Closed on
Jul 14, 2005
Sold by
Rostocil Larry J and Estate Of Donald G Rostocil
Bought by
Gondak Matthew D and Gondak Brenda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 17, 1998
Sold by
Dillard Ruth L and Sargent Family Trust
Bought by
Rostocil Donald

Purchase Details

Closed on
Dec 17, 1997
Sold by
Thaler Michael
Bought by
Rosticil Donald Gene

Purchase Details

Closed on
Jan 24, 1996
Sold by
Jackson Sandy and Jackson Debra Ann
Bought by
Rostocil Donald J

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
Chaudhary 2009 Trust -- --
Chaudhary Gautam $1,229,000 First American Title Company
Castaneda Sureya $894,500 Servicelink Title Company
Federal National Mortgage Association -- None Available
Gmac Mortgage Llc $464,259 Accommodation
Virk Dhian -- None Available
Virk Dhian Singh $665,000 Old Republic Title Company
Gondak Matt -- None Available
Gondak Matthew D $680,000 Placer Title Company
Rostocil Donald $299,000 North American Title Co
Rosticil Donald Gene $75,000 Placer Title Company
Rostocil Donald J $137,500 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chaudhary Gautam $882,000
Previous Owner Chaudhary Gautam $726,000
Previous Owner Castaneda Sureya $525,000
Previous Owner Virk Dhian Singh $532,000
Previous Owner Gondak Matthew D $476,000
Previous Owner Rostocil Donald J $420,740
Previous Owner Rostocil Donald J $275,000
Previous Owner Rostocil Donald J $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2019 02/06/19 Sold $1,229,000 0.0% $581 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $1,229,000 -- $581 / Sq Ft
Source: MLSListings

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 $20,638 $1,344,070 $403,221 $940,849
2023 $20,217 $1,317,721 $395,316 $922,405
2022 $19,865 $1,291,887 $387,566 $904,321
2021 $19,921 $1,266,557 $379,967 $886,590
2020 $18,858 $1,253,580 $376,074 $877,506
2019 $15,582 $1,020,000 $408,000 $612,000
2018 $15,317 $1,000,000 $400,000 $600,000
2017 $15,003 $541,124 $162,337 $378,787
2016 $15,782 $530,514 $159,154 $371,360
2015 $10,492 $522,550 $156,765 $365,785
2014 $10,248 $512,314 $153,694 $358,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81734396

MLSListings

APN: 056-1987-006-00