NOT LISTED FOR SALE

Estimated Value: $936,000 - $1,096,209

6 Beds
2 Baths
1,828 Sq Ft
$556/Sq Ft Est. Value

Last Sold October 18, 2018

Last sale price $849,000 $464 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,451/month

55 Days on Market

Highlights

  • Wood Flooring
  • Ceramic Countertops
  • Washer and Dryer
  • 1 Car Attached Garage
  • Ceiling Fan
  • 1-Story Property

About This Home

As of October 2018

Classic. Two Homes on a 9,170 Sq Ft Lot... Each home offers 3 bedrooms, 1 bath Great rental opportunity, Great Opportunity to own your own home - two families, room for two (2) cars for the front home and three (3) cars for the back house

Last Agent to Sell the Property

Alicia Gonzalez

Better Homes and Gardens Real Estate JFF License #01274853 Listed on: 07/17/2018

Last Buyer's Agent

Mandheraj Singh

HomeSmart ICARE Realty License #01998314

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,483

Year Built

  • 1946

Lot Details

  • 9,169

Parking

  • 1 Car Attached Garage
  • No Garage
  • On-Street Parking

Home Design

  • Duplex
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,828 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Countertops
  • Washer and Dryer

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Additional Features

  • 9,169 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $50,400

Community Details

Overview

  • 1,828 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gross Income $47,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,483

Year Built

1946

Lot Details

0

Parking

1

Listing Details

  • Zoning: Rin Duplex
  • Subclass: Duplex
  • Age: 72
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1828
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Kitchen: Countertop - Ceramic
  • Living Sq Ft: 1828
  • Stories: 1
  • Security: Varies By Unit
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tar And Gravel

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 5
  • Garage Parking Features: Attached Garage, No Garage, On Street, Parking Area

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Alameda City Unified

Lot Info

  • Lot Acres: 0.2105
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9170.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9170.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 16.85
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Income Annual Gross: 47880.00
  • Income Annual Rental: 50400
  • Income Gross Scheduled: 50400
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Tenant Expenses: Maintenance - Exterior, Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2020
Sold by
Guerra Joselle Ortega and Ortega Milton Audiel
Bought by
Guerra Joselle Ortega and Ortega Milton Audiel
Current Estimated Value
$1,016,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,750
Outstanding Balance
$579,923
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$436,182

Purchase Details

Listed on
Jul 17, 2018
Closed on
Oct 11, 2018
Sold by
Ortega Yudi
Bought by
Ortega Joselle
Seller's Agent
Alicia Gonzalez
Better Homes and Gardens Real Estate JFF
Buyer's Agent
Mandheraj Singh
HomeSmart ICARE Realty
List Price
$799,988
Sold Price
$849,000
Premium/Discount to List
$49,012
6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.64%
Original Mortgage
$679,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 17, 2018
Closed on
Oct 10, 2018
Sold by
Luna Maria and Maria Luna Revocable Trust
Bought by
Ortega Milton A and Ortega Joselle
Seller's Agent
Alicia Gonzalez
Better Homes and Gardens Real Estate JFF
Buyer's Agent
Mandheraj Singh
HomeSmart ICARE Realty
List Price
$799,988
Sold Price
$849,000
Premium/Discount to List
$49,012
6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2015
Sold by
Luna Maria
Bought by
Luna Maria and Maria Luna Revocable Trust

Purchase Details

Closed on
Mar 24, 2005
Sold by
Gray Jeffrey A
Bought by
Luna Maria S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2004
Sold by
Rawal Kanti and Srinivasan Jeya
Bought by
Gray Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,400
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Guerra Joselle Ortega -- Fidelity National Title Co
Ortega Joselle -- Old Republic Title Company
Ortega Milton A -- Old Republic Title Company
Ortega Milton A $849,000 Old Republic Title Company
Luna Maria -- None Available
Luna Maria S $720,000 Chicago Title Co
Gray Jeffrey A $598,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerra Joselle Ortega $648,750
Closed Ortega Milton A $679,200
Previous Owner Luna Maria $486,000
Previous Owner Luna Maria S $632,000
Previous Owner Luna Maria S $520,000
Previous Owner Gray Jeffrey A $478,400
Closed Gray Jeffrey A $89,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2018 10/18/18 Sold $849,000 +6.1% $464 / Sq Ft
09/11/2018 09/11/18 Pending -- -- --
07/17/2018 07/17/18 For Sale $799,988 -- $438 / 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 $11,483 $947,058 $284,117 $662,941
2024 $11,483 $928,491 $278,547 $649,944
2023 $11,310 $910,288 $273,086 $637,202
2022 $11,088 $892,442 $267,732 $624,710
2021 $11,087 $874,944 $262,483 $612,461
2020 $12,806 $865,980 $259,794 $606,186
2019 $10,964 $849,000 $254,700 $594,300
2018 $8,365 $670,000 $201,000 $469,000
2017 $8,434 $650,000 $200,000 $450,000
2016 $7,789 $650,000 $195,000 $455,000
2015 $7,050 $550,000 $165,000 $385,000
2014 $6,594 $520,000 $156,000 $364,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81722170

MLSListings

APN: 431-0008-012-00