NOT LISTED FOR SALE

2204 12th Ave Oakland, CA 94606

Clinton Neighborhood

Estimated Value: $921,000 - $1,129,000

8 Beds
5 Baths
3,267 Sq Ft
$319/Sq Ft Est. Value

Last Sold June 20, 2018

Last sale price $910,000 $279 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,363/month

18 Days on Market

Highlights

  • Wood Flooring
  • Floor Furnace
  • Level Lot

About This Home

As of June 2018

Two Unit Income Property for Sale in Oakland, California. Perfect Opportunity for Investors or Owner Occupiers! Laminated Wood and Tiles Flooring throughout. Granite kitchen counter tops. A two-car garage. Approximately 3,267 Square Feet. Property located in one of the Desirable Neighborhoods of Oakland: Blocks away to Park Avenue, close to Lake Merritt, Parks, The New Chinatown, Public Transportation, Lake Merritt BART Station and easy access to Highways 580 and 880.

Last Agent to Sell the Property

Elizabeth Nguyen

Berkshire Hathaway Home Services California Realty License #01403644 Listed on: 03/08/2018

Berkshire Hathaway Home Services California Realty

Last Buyer's Agent

John Gieseker

Berkshire Hathaway Home Services California Realty License #00768503

Berkshire Hathaway Home Services California Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,139

Year Built

  • 1906

Lot Details

  • 4,182 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Duplex

Interior Spaces

  • 3,267 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • Floor Furnace

Listing and Financial Details

  • Total Actual Rent $89,400
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $1,200
  • Other Expense $600
  • Utility Expense $2,000
  • Trash Expense $3,000
  • Operating Expense $18,800
  • Gross Income $89,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,139

Year Built

1906

Lot Details

0

Parking

2

Listing Details

  • Zoning: 2UNIT
  • Subclass: Duplex
  • Age: 112
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3267
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1906

Interior Features

  • Living Sq Ft: 3267
  • Stories: 2
  • Flooring: Hardwood, Laminate, Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Carport

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Oakland Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.0960
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4180.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4180.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 10.27
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expenses Other: 600
  • Expenses Total: 18800
  • Expenses Utility: 2000
  • Expense Trash: 3000
  • Income Annual Gross: 89400.00
  • Income Annual Rental: 89400
  • Income Gross Scheduled: 89400
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Tax, Insurance, Maintenance, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Maintenance, Services - Trash Removal, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2018
Closed on
May 14, 2018
Sold by
Wong Sai Cam and Wong Connie T
Bought by
Vong Thanh Di and Vay Lien Ngoc
Seller's Agent
Elizabeth Nguyen
Berkshire Hathaway Home Services California Realty
Buyer's Agent
John Gieseker
Berkshire Hathaway Home Services California Realty
List Price
$918,000
Sold Price
$910,000
Premium/Discount to List
-$8,000
-0.87%
Current Estimated Value
$1,114,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,264
Avg. Annual Appreciation
1.93%
Original Mortgage
$682,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Vong Thanh Di $910,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Divong Thanh Di $676,700
Closed Vong Thanh Di $682,500
Previous Owner Wong Sai Cam $330,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2018 06/20/18 Sold $910,000 -0.9% $279 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
03/08/2018 03/08/18 For Sale $918,000 -- $281 / 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
2025 $15,139 $1,035,406 $310,622 $724,784
2024 $15,139 $1,015,104 $304,531 $710,573
2023 $15,932 $995,202 $298,560 $696,642
2022 $18,505 $975,692 $292,707 $682,985
2021 $14,858 $956,564 $286,969 $669,595
2020 $14,819 $946,763 $284,029 $662,734
2019 $14,171 $928,200 $278,460 $649,740
2018 $5,854 $323,118 $75,546 $247,572
2017 $5,593 $316,784 $74,065 $242,719
2016 $5,367 $310,573 $72,613 $237,960
2015 $5,336 $305,909 $71,522 $234,387
2014 $5,434 $299,918 $70,121 $229,797
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Elizabeth Nguyen

    Berkshire Hathaway Home Services California Realty

    Section Image

  • J

    Buyer's Agent in 2018

    John Gieseker

    Berkshire Hathaway Home Services California Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81695593

MLSListings

APN: 022-0301-013-00

California Alameda County Oakland 94606 Clinton

2204 12th Ave, Oakland, CA

This home is located at 2204 12th Ave, Oakland, CA 94606 since 08 March 2018 and is currently estimated at $1,043,237, approximately $319 per square foot. This property was built in 1906. 2204 12th Ave is a home located in Alameda County with nearby schools including Bella Vista Elementary School, Roosevelt Middle School, and Oakland High School.

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