NOT LISTED FOR SALE

24191 Magna Ave Hayward, CA 94544

Burbank Neighborhood

Estimated Value: $731,000 - $937,000

4 Beds
2 Baths
1,536 Sq Ft
$553/Sq Ft Est. Value

Last Sold May 09, 2017

Last sale price $548,000 $357 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,246/month

144 Days on Market

Highlights

  • Granite Countertops
  • Level Lot
  • 1-Story Property
  • Tile Flooring

About This Home

As of May 2017

Great investment property! To own your first investment or first home. Ideal for 2 families. Both units are in good conditions and roof is less than 2 months old. You can live in one unit and rent the other. Each unit has 2 bedrooms, 1 bath, patio area, and 1 car garage. There is a side yard that you can use for gardening or play area and much more...close to coffee shops and market stores. Easy access to HWY 92.

Last Agent to Sell the Property

Miriam Porras

Coldwell Banker Realty License #02002039 Listed on: 12/01/2016

Coldwell Banker Realty

Co-Listed By

Amelia Middel

Coldwell Banker Realty License #01103989

Last Buyer's Agent

Juan Ontiveros

Infinity Financial & Rlty License #01886659

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,779

Year Built

  • 1949

Lot Details

  • 5,401 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven
  • Granite Countertops
  • Formica Countertops

Flooring

  • Laminate
  • Tile

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $38,400

Community Details

Overview

  • 1,536 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $1,121,077
  • Operating Expense $1,127,726
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,779

Year Built

1949

Lot Details

0

Parking

1

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 67
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1536
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Granite, Hookups - Gas, Oven Range - Gas
  • Living Sq Ft: 1536
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Hayward Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1240
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5400.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5400.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 15.10
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1121077
  • Expenses Total: 1127726
  • Income Annual Gross: 38400.00
  • Income Annual Rental: 38400
  • Income Gross Scheduled: 38400
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Principle & Interest
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2019
Sold by
Mendoza Maribel Martinez and Arceo Inguez Raul
Bought by
Mendoza Maribel Martinez
Current Estimated Value
$839,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$543,750
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2016
Closed on
Apr 21, 2017
Sold by
Mendoza Martinez David and Mendoza De Martinez Maria
Bought by
Mendoza Maribel Martinez
Seller's Agent
Miriam Porras
Coldwell Banker Realty
Buyer's Agent
Juan Ontiveros
Infinity Financial & Rlty
List Price
$579,950
Sold Price
$548,000
Premium/Discount to List
-$31,950
-5.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$438,400
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2007
Sold by
Martinez David
Bought by
Mendoza Martinez David and Mendoza Demartinez Maria

Purchase Details

Closed on
Jan 5, 2005
Sold by
Barajas Jesus and Barajas Norma J
Bought by
Martinez David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 3, 2005
Sold by
Martinez Maria
Bought by
Martinez David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 14, 2002
Sold by
Johnson Roxanne
Bought by
Barajas Jesus and Barajas Norma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.05%

Purchase Details

Closed on
Oct 10, 2002
Sold by
Thomas Audrey
Bought by
Johnson Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.05%

Purchase Details

Closed on
Jul 26, 2000
Sold by
Johnson Roxanne T
Bought by
Thomas Audrey J

Purchase Details

Closed on
Mar 18, 1999
Sold by
Johnson Glenn A
Bought by
Johnson Roxanne T

Purchase Details

Closed on
Apr 6, 1998
Sold by
Perreira Harold J and Perreira Constance L
Bought by
Johnson Glenn A and Johnson Roxanne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,375
Interest Rate
7.07%
Mortgage Type
VA
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
Mendoza Maribel Martinez -- Wfg National Title
Mendoza Maribel Martinez $548,000 Fidelity National Title Co
Mendoza Martinez David -- None Available
Martinez David $510,000 Fidelity National Title Co
Martinez David -- Fidelity National Title Co
Barajas Jesus $360,000 Fidelity National Title Co
Johnson Roxanne -- --
Thomas Audrey J -- --
Johnson Roxanne T -- --
Johnson Glenn A $167,500 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mendoza Maribel Martinez $552,200
Closed Mendoza Maribel Martinez $543,750
Closed Mendoza Maribel Martinez $438,400
Previous Owner Martinez David $400,000
Previous Owner Barajas Jesus $288,000
Previous Owner Johnson Glenn A $167,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2017 05/09/17 Sold $548,000 0.0% $357 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
12/21/2016 12/21/16 Off Market $548,000 -- --
12/01/2016 12/01/16 For Sale $579,950 -- $378 / 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 $7,779 $628,986 $197,295 $438,691
2024 $7,779 $616,519 $193,427 $430,092
2023 $7,661 $611,294 $189,635 $421,659
2022 $7,511 $592,309 $185,917 $413,392
2021 $7,448 $580,559 $182,272 $405,287
2020 $7,365 $581,537 $180,404 $401,133
2019 $7,422 $570,139 $176,868 $393,271
2018 $8,987 $558,960 $173,400 $385,560
2017 $7,205 $575,000 $172,500 $402,500
2016 $6,649 $550,000 $165,000 $385,000
2015 $6,570 $510,000 $153,000 $357,000
2014 $5,557 $465,000 $139,500 $325,500
Source: Public Records

Agents Affiliated with this Home

  • Miriam Porras

    Seller's Agent in 2017

    Miriam Porras

    Coldwell Banker Realty

    (408) 644-5041

    86 Total Sales

    Section Image
  • Amelia Middel

    Seller Co-Listing Agent in 2017

    Amelia Middel

    Coldwell Banker Realty

    (650) 704-3064

    97 Total Sales

    Section Image
  • Juan Ontiveros

    Buyer's Agent in 2017

    Juan Ontiveros

    Infinity Financial & Rlty

    (650) 207-8868

    63 Total Sales

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Map

Source: MLSListings

MLS Number: ML81633046

MLSListings

APN: 444-0009-030-00

California Alameda County Hayward 94544 Burbank

24191 Magna Ave, Hayward, CA

This home is located at 24191 Magna Ave, Hayward, CA 94544 since 01 December 2016 and is currently estimated at $848,859, approximately $552 per square foot. This property was built in 1949. 24191 Magna Ave is a home located in Alameda County with nearby schools including Park Elementary School, Winton Middle School, and Mt. Eden High School.

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