NOT LISTED FOR SALE

Estimated Value: $766,000 - $1,109,000

4 Beds
2 Baths
1,500 Sq Ft
$640/Sq Ft Est. Value

Last Sold April 04, 2019

Last sale price $797,000 $531 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,182/month

10 Days on Market

Highlights

  • 0.26 Acre Lot
  • Stone Countertops
  • Fenced
  • Traditional Architecture
  • Washer and Dryer
  • Grass Covered Lot

About This Home

As of April 2019

Incoming generating duplex with tandem front and back units and 2 garages. Also ideal for two families. Each unit has 2 bedroom 1 bathroom with living room and dining area in the kitchen, own washer/dryer, yard and attached garage. Stack up washer/dryer in the kitchen for the front unit and separate washer/dryer in the garage for the back unit. Complete remodel in 2016 with upgrade electrical and plumbing, all new laminate wood flooring, baseboards, windows, doors, exterior and interior paint, kitchens, bathrooms, counter tops, appliances (stainless steel in back unit and white in front unit), fences and driveway. Both units are vacant. Previous rents for front unit $2100, back unit $2300. Tenants paid all utilities, water and garbage. Projected rental income $4400 at 6.64% cap rate. Open House Sat & Sun, 3/9 & 3/10, 1-4 pm.

Last Agent to Sell the Property

Julia Leung

REDC Realty License #01207092 Listed on: 02/21/2019

REDC Realty

Last Buyer's Agent

Julia Leung

REDC Realty License #01207092 Listed on: 02/21/2019

REDC Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,800

Year Built

  • 1959

Lot Details

  • 0.26 Acre Lot
  • Fenced
  • Grass Covered Lot
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Utilities

  • Wall Furnace
  • Vented Exhaust Fan

Listing and Financial Details

  • Total Actual Rent $52,800

Community Details

Overview

  • 1,500 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,500
  • Operating Expense $10,811
  • Gross Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,800

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Style: Traditional
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1959

Interior Features

  • Kitchen: Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 1500
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Low Maintenance

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Hayward Unified
  • Elementary School: Burbank Elementary
  • Middle School: Winton Middle
  • High School: Hayward High
  • High School: 26928
  • Elementary School: 26936
  • Middle School: 26969

Lot Info

  • Lot Acres: 0.2587
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 11267.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 11267.00

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): 1 Year Lease
  • Gross Rent Multiplier: 15.06
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expenses Total: 10811
  • Income Annual Gross: 52800.00
  • Income Annual Rental: 52800
  • Income Gross Scheduled: 52800
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2021
Sold by
Medina Jesse
Bought by
Wu Angela A
Current Estimated Value
$964,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,000
Outstanding Balance
$584,293
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$380,307

Purchase Details

Listed on
Feb 21, 2019
Closed on
Mar 28, 2019
Sold by
Hosseini Khorami Reza and Hosseini Nezhad Fatemeh
Bought by
Wu Victoria and Wu Henry C
Seller's Agent
Julia Leung
REDC Realty
Buyer's Agent
Julia Leung
REDC Realty
List Price
$795,000
Sold Price
$797,000
Premium/Discount to List
$2,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.05%
Original Mortgage
$637,600
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2016
Sold by
Herrera Agustin and Gutierrez Jose
Bought by
Hosseini Khorami Reza and Hosseini Nezhad Fatemeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,585
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 15, 2014
Sold by
Herrera Agustin
Bought by
Gutierrez Jose and Gutierrez Jesus

Purchase Details

Closed on
Jul 8, 1998
Sold by
Herrera Maria Dejesus
Bought by
Herrera Agustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,700
Interest Rate
7.03%
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
Wu Angela A -- Lawyers Title Sd
Wu Victoria -- Lawyers Title Sd
Wu Victoria $797,000 Chicago Title Company
Hosseini Khorami Reza $575,000 Old Republic Title Company
Gutierrez Jose -- Accommodation
Herrera Agustin -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Angela A $638,000
Closed Wu Victoria $637,600
Previous Owner Hosseini Khorami Reza $564,585
Previous Owner Herrera Agustin $250,000
Previous Owner Gutierrez Herrera Agustin $166,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2019 04/04/19 Sold $797,000 +0.3% $531 / Sq Ft
03/04/2019 03/04/19 Pending -- -- --
02/21/2019 02/21/19 For Sale $795,000 -- $530 / 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 $10,800 $889,053 $267,720 $621,333
2024 $10,800 $871,622 $262,471 $609,151
2023 $10,638 $854,534 $257,325 $597,209
2022 $10,429 $837,781 $252,280 $585,501
2021 $10,344 $821,355 $247,334 $574,021
2020 $10,229 $812,940 $244,800 $568,140
2019 $9,793 $598,230 $182,070 $416,160
2018 $9,311 $586,500 $178,500 $408,000
2017 $9,142 $575,000 $175,000 $400,000
2016 $3,616 $282,321 $84,664 $197,657
2015 $3,548 $278,081 $83,392 $194,689
2014 $3,380 $272,635 $81,759 $190,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81739898

MLSListings

APN: 431-0080-096-00