Seller's Agent in 2024
Andres Lopez
Marcus & Millichap
(408) 421-4703
1 in this area
15 Total Sales
22616 7th St Hayward, CA 94541
Upper B Street NeighborhoodEstimated Value: $906,000 - $1,006,483
6
Beds
3
Baths
2,620
Sq Ft
$365/Sq Ft
Est. Value
About This Home
As of March 2024This is a great opportunity with loads of potential for this property and is well priced and perfect for investors. 3 separate homes, 22618- 3 bdr/1 bath; 22620- 2bdr/1 bath and formal dining room; 22622- 1 bdr/1 bath plus an additional room. Huge Lot, plenty of off street parking; Building areas are approximate and buyer should verify them. Close to freeways, downtown, restaurants, public library, public transportation and Cal State University. A must see!!!
Last Agent to Sell the Property
Marcus & Millichap License #01936458 Listed on: 01/20/2024
Last Buyer's Agent
Axis Team
SALA Homes & Associates License #70010248
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,367
Year Built
- 1957
Lot Details
- 0.47 Acre Lot
Home Design
- Triplex
- Shingle Roof
Interior Spaces
- 2,620 Sq Ft Home
- 1-Story Property
- Crawl Space
Parking
- 8 Parking Spaces
- Covered Parking
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $51,480
Community Details
Overview
- 2,620 Sq Ft Building
Building Details
- 3 Leased Units
- Gardener Expense $1,200
- Insurance Expense $2,350
- Maintenance Expense $3,500
- Other Expense $500
- Utility Expense $2,995
- Operating Expense $20,532
- Gross Income $49,936
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 20, 2024
Closed on
Mar 1, 2024
Sold by
22616 7Th St Llc
Bought by
Wu Benxiong and Fang Shanshan
Seller's Agent
Andres Lopez
Marcus & Millichap
Buyer's Agent
Axis Team
SALA Homes & Associates
List Price
$799,000
Sold Price
$1,020,000
Premium/Discount to List
$221,000
27.66%
Views
87
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
-$63,758
Avg. Annual Appreciation
-3.46%
Original Mortgage
$765,000
Outstanding Balance
$755,213
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$214,767
Purchase Details
Listed on
Dec 18, 2022
Closed on
Jan 11, 2023
Sold by
Lsf9 Master Participation Trust
Bought by
22616 7Th Street Llc
Seller's Agent
Maureen Connor
Equity Capital Real Estate
Buyer's Agent
Out Of Area Non Member
Bay East Aor
List Price
$814,900
Sold Price
$830,000
Premium/Discount to List
$15,100
1.85%
Views
291
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.21%
Purchase Details
Closed on
Feb 14, 2022
Sold by
Quality Loan Service Corporation
Bought by
Lsf9 Master Participation Trust
Purchase Details
Closed on
Jan 11, 2005
Sold by
Tran Kieu
Bought by
Tran Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 10, 2005
Sold by
Nazareth Teresa and Nazareth Family Trust
Bought by
Tran Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
6.25%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 10, 2002
Sold by
Rodica Barad Family Ltd Partnership Lp
Bought by
Nazareth Teresa and Nazareth Family Trust
Purchase Details
Closed on
Aug 26, 1998
Sold by
Barad Rodica
Bought by
Rodica Barad Family Ltd Partnership Lp
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 |
|---|---|---|---|
| Wu Benxiong | $1,020,000 | Stewart Title Guaranty Company | |
| 22616 7Th Street Llc | $830,000 | Chicago Title | |
| Lsf9 Master Participation Trust | $1,482,639 | None Listed On Document | |
| Tran Paul | -- | North American Title Co | |
| Tran Paul | $775,000 | North American Title Co | |
| Nazareth Teresa | $339,500 | North American Title Company | |
| Rodica Barad Family Ltd Partnership Lp | $75,000 | -- | |
| Barad Rodica | -- | -- | |
| Barad Rodica | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wu Benxiong | $765,000 | |
| Previous Owner | Tran Paul | $712,000 | |
| Previous Owner | Tran Paul | $620,000 | |
| Previous Owner | Nazareth Teresa | $375,000 | |
| Closed | Tran Paul | $77,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $830,000 | -- | -- |
| 03/13/2024 03/13/24 | Sold | $1,020,000 | +27.7% | $389 / Sq Ft |
| 02/01/2024 02/01/24 | Pending | -- | -- | -- |
| 01/20/2024 01/20/24 | For Sale | $799,000 | -3.7% | $305 / Sq Ft |
| 01/31/2023 01/31/23 | Sold | $830,000 | +1.9% | $341 / Sq Ft |
| 01/10/2023 01/10/23 | Pending | -- | -- | -- |
| 12/18/2022 12/18/22 | For Sale | $814,900 | -- | $335 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $12,367 | $1,040,400 | $312,120 | $728,280 |
| 2024 | $12,367 | $846,600 | $253,980 | $592,620 |
| 2023 | $15,111 | $1,224,000 | $367,200 | $856,800 |
| 2022 | $12,739 | $1,017,892 | $535,214 | $482,678 |
| 2021 | $16,429 | $997,936 | $524,721 | $473,215 |
| 2020 | $14,499 | $987,706 | $519,342 | $468,364 |
| 2019 | $13,407 | $968,346 | $509,163 | $459,183 |
| 2018 | $14,649 | $949,366 | $499,183 | $450,183 |
| 2017 | $27,989 | $930,759 | $489,399 | $441,360 |
| 2016 | $20,003 | $912,515 | $479,806 | $432,709 |
| 2015 | $17,653 | $850,000 | $255,000 | $595,000 |
| 2014 | $9,619 | $800,000 | $300,000 | $500,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Seller Co-Listing Agent in 2024
Adam Levin
Marcus & Millichap
(650) 391-1782
2 in this area
99 Total Sales
-
A
Buyer's Agent in 2024
Axis Team
SALA Homes & Associates
-
M
Seller's Agent in 2023
Maureen Connor
Equity Capital Real Estate
-
O
Buyer's Agent in 2023
Out Of Area Non Member
Bay East Aor
Map
Source: MLSListings
MLS Number: ML81952000
APN: 416-0140-066-01
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