NOT LISTED FOR SALE

Estimated Value: $666,000 - $944,000

-- Bed
3 Baths
2,650 Sq Ft
$301/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $750,000 $283 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,388/month

98 Days on Market

Highlights

  • Contemporary Architecture
  • Security Gate
  • Tile Flooring
  • 2 Car Detached Garage
  • Storage Room
  • Floor Furnace

About This Home

As of June 2018

This 3-bedroom, 3-bathroom Multi Family located at 2214 47th Ave Oakland, CA 94601 was built in 1913. It's approximately 2,650 square feet and sits on 7,300 square feet of land. 2214 47th Ave Oakland, CA 94601 is located in the Oakland Unified School District and the nearest school is Horace Mann Elementary School. an ideal family neighborhood with Urban Promise Academy highly rated assigned schools. 2214 47th Ave Oakland, CA 94601 was last listed on 02/04/2018 for $750,000, which is $283 per square foot. This Multi Family is located in the 94601 ZIP code of Oakland, CA. Discover more about the Fremont neighborhood and about Oakland

Last Agent to Sell the Property

Alexandra Rodriguez

Rosemarie Figueroa, Broker License #01471793 Listed on: 02/04/2018

Rosemarie Figueroa, Broker

Last Buyer's Agent

Anthony Fakoury

Keller Williams License #02041405

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,725

Year Built

  • 1913

Lot Details

  • 7,301 Sq Ft Lot
  • Fenced
  • Level Lot
  • Grass Covered Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Triplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2,650 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Washer and Dryer Hookup
  • Crawl Space
  • Security Gate

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood

Flooring

  • Carpet
  • Tile

Outdoor Features

  • Barbecue Area

Utilities

  • Floor Furnace
  • Wall Furnace
  • Vented Exhaust Fan
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $53,000

Community Details

Overview

  • 2,650 Sq Ft Building

Building Details

  • 3 Leased Units
  • Insurance Expense $1,500
  • Utility Expense $1,450
  • Trash Expense $1,020
  • Operating Expense $798,216
  • Gross Income $53,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,725

Year Built

1913

Lot Details

0

Parking

2

Listing Details

  • Zoning: 2
  • Subclass: Triplex
  • Style: Contemporary
  • Age: 105
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2650
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1913

Interior Features

  • Kitchen: Cooktop - Gas, Exhaust Fan, Hood Over Range, Oven - Gas
  • Living Sq Ft: 2650
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Bbq Area, Fenced, Low Maintenance
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 10
  • Garage Parking Features: Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Security Gate

Schools

  • School District: Alameda City Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1676
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7300.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7300.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.15
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Gas Meters
  • Expense Insurance: 1500
  • Expenses Total: 798216
  • Expenses Utility: 1450
  • Expense Trash: 1020
  • Income Annual Gross: 53000.00
  • Income Annual Rental: 53000
  • Income Gross Scheduled: 53000
  • Meters: Master Gas, Separate Electric
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2018
Closed on
Jun 13, 2018
Sold by
Gutierrez Mario and Gutierrez Jose
Bought by
Caro Kelly M
Seller's Agent
Alexandra Rodriguez
Rosemarie Figueroa, Broker
Buyer's Agent
Anthony Fakoury
Keller Williams
List Price
$750,000
Sold Price
$750,000
Current Estimated Value
$796,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,471
Avg. Annual Appreciation
3.10%
Original Mortgage
$701,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2014
Sold by
Corona Alfredo and Corona Elvira
Bought by
Gutierrez Mario and Gutierrez Jose
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
Caro Kelly M $750,000 North American Title Company
Gutierrez Mario -- North American Title Company
Gutierrez Mario -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caro Kelly M $712,500
Closed Caro Kelly M $701,250
Closed Caro Kelly M $701,250
Previous Owner Corona Alfredo $100,000
Previous Owner Corona Alfredo $120,000
Previous Owner Corona Alfredo $101,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $750,000 0.0% $283 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
02/04/2018 02/04/18 For Sale $750,000 -- $283 / 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 $13,725 $853,357 $256,007 $597,350
2024 $13,725 $836,624 $250,987 $585,637
2023 $14,333 $820,221 $246,066 $574,155
2022 $13,947 $804,141 $241,242 $562,899
2021 $13,192 $788,377 $236,513 $551,864
2020 $13,043 $780,300 $234,090 $546,210
2019 $12,336 $765,000 $229,500 $535,500
2018 $8,321 $475,316 $142,595 $332,721
2017 $7,932 $465,997 $139,799 $326,198
2016 $7,663 $456,861 $137,058 $319,803
2015 $7,618 $450,000 $135,000 $315,000
2014 $4,343 $206,658 $61,997 $144,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81691172

MLSListings

APN: 036-2416-054-00