NOT LISTED FOR SALE

236 Grove Way Hayward, CA 94541

Estimated Value: $1,393,000 - $1,872,000

10 Beds
7 Baths
4,973 Sq Ft
$335/Sq Ft Est. Value

Last Sold November 28, 2014

Last sale price $940,000 $189 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $10,067/month

125 Days on Market

Highlights

  • Mountain View
  • Level Lot
  • 1-minute walk to Cherryland Park
  • Wood Flooring
  • Heating Available

About This Home

As of November 2014

Great investment opportunity with this Cherryland Park triplex. Large units with patio and/or roof top decks, each unit has 2 car garage.

Last Agent to Sell the Property

Sheran Honneyman

Coldwell Banker Realty License #01412131 Listed on: 07/01/2014

Coldwell Banker Realty

Last Buyer's Agent

Jagrup Judge

JK Brokers License #00908122

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,043

Year Built

  • 1942

Lot Details

  • Level Lot

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 4,973 Sq Ft Home
  • 2-Story Property
  • Fire Sprinkler System
  • Oven or Range

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Utilities

  • Heating Available
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $45,000
  • Month-to-Month Lease Term

Community Details

Overview

  • 4,973 Sq Ft Building

Building Details

  • Manager Expense $4,100
  • Operating Expense $11,818
  • Gross Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,043

Year Built

1942

Lot Details

0

Listing Details

  • Zoning: R
  • Subclass: Triplex
  • Age: 72
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Flood Zone
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 4973
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1942

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 4973
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Laundry: Laundry Area - In Unit
  • Flooring: Carpet - Area, Tile, Hardwood, Vinyl / Linoleum, Carpet, Varies By Unit

Exterior Features

  • Roof: Shingle
  • View: Mountains, Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Condo/Co-op/Association

  • HOA Amenities: Patio - Private

Schools

  • School District: Hayward Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 13000.00
  • Lot Size Area Min Search: 13000.00
  • Maximum Lot Size: 13000.00

Rental Info

  • Existing Lease Term(s): Month To Month, 1 Year Lease
  • Gross Rent Multiplier: 21.67

Multi Family

  • Expense Management: 4100
  • Expenses Total: 11818
  • Income Annual Gross: 45000.00
  • Income Annual Rental: 45000
  • Income Gross Scheduled: 45000
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Miscellaneous/Other
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2020
Sold by
Kaur Darshan
Bought by
Kaur Darshan and Darshan Kaur Trust
Current Estimated Value
$1,664,440

Purchase Details

Listed on
Jul 1, 2014
Closed on
Nov 21, 2014
Sold by
Nicholson Frank A and Nicholson Cecile E
Bought by
Bajwa Bachan Singh and Kaur Darshan
Seller's Agent
Sheran Honneyman
Coldwell Banker Realty
Buyer's Agent
Jagrup Judge
JK Brokers
List Price
$975,000
Sold Price
$940,000
Premium/Discount to List
-$35,000
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%
Original Mortgage
$440,000
Outstanding Balance
$149,312
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$1,515,128

Purchase Details

Closed on
Oct 29, 2004
Sold by
Karls Phillip L and Karls Judith M
Bought by
Nicholson Frank A and Nicholson Cecile E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Kaur Darshan -- None Available
Bajwa Bachan Singh $940,000 First American Title
Nicholson Frank A $975,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bajwa Bachan Singh $440,000
Previous Owner Nicholson Frank A $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/28/2014 11/28/14 Sold $940,000 -3.6% $189 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
07/01/2014 07/01/14 For Sale $975,000 -- $196 / 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 $16,043 $1,129,700 $338,910 $790,790
2024 $16,043 $1,107,554 $332,266 $775,288
2023 $15,502 $1,085,840 $325,752 $760,088
2022 $14,937 $1,064,550 $319,365 $745,185
2021 $14,354 $1,043,681 $313,104 $730,577
2020 $14,104 $1,032,984 $309,895 $723,089
2019 $14,858 $1,012,737 $303,821 $708,916
2018 $13,271 $992,884 $297,865 $695,019
2017 $12,929 $973,416 $292,025 $681,391
2016 $12,199 $954,334 $286,300 $668,034
2015 $11,924 $940,000 $282,000 $658,000
2014 $13,362 $1,108,623 $332,587 $776,036
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81423506

MLSListings

APN: 429-0028-044-00