NOT LISTED FOR SALE

Estimated Value: $1,186,000 - $1,425,000

8 Beds
4 Baths
2,822 Sq Ft
$457/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $755,000 $268 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $7,702/month

11 Days on Market

Highlights

  • 0.24 Acre Lot
  • Washer and Dryer
  • Fenced
  • Forced Air Heating System
  • Courtyard
  • 1-Story Property

About This Home

As of May 2015

Excellent Investment opportunity awaits with this fourplex, 8 beds, 4 bath multi family. Don't let this opportunity pass by! A must see! Tenants pay rent, plus PG&E, Water, and Garbage! Separate meters for each unit. Mins. walk to parks, nearby restaurants and shopping centers. EZ access to I880/I92 Open House 3/29-1:30pm-4:30p

Last Agent to Sell the Property

Natasha Duncan Green

Intero Real Estate Services License #01409216 Listed on: 03/26/2015

Last Buyer's Agent

George Lai

Far East Realty License #00986068

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,224

Year Built

  • 1953

Lot Details

  • 10,498 Sq Ft Lot
  • Fenced

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 2,822 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Gas Cooktop

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $52,200

Community Details

Building Details

  • 4 Leased Units
  • Gardener Expense $3,000
  • Insurance Expense $1,200
  • Maintenance Expense $1,200
  • Manager Expense $3,200
  • Operating Expense $13,100
  • Gross Income $48,024

Additional Features

  • 2,822 Sq Ft Building
  • Courtyard

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,224

Year Built

1953

Lot Details

0

Listing Details

  • Zoning: 2
  • Subclass: Fourplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2822
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1953

Interior Features

  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Oven - Gas, Oven Range
  • Living Sq Ft: 2822
  • Stories: 1
  • Laundry: Hookups Only, Washer/Dryer - Some Units

Exterior Features

  • Foundation: Crawl Space
  • Roof: Tar And Gravel
  • Yard/Grounds: Courtyard, Fenced

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Common Parking Area
  • Carport Min: 2

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Hayward Unified
  • Elementary School: Harder Elementary
  • Middle School: Winton Middle
  • High School: Hayward High
  • High School: 26928
  • Elementary School: 26944
  • Middle School: 26969

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.2410
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10495.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10495.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.27
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1200
  • Expense Landscape: 3000
  • Expense Maintenance: 1200
  • Expense Management: 3200
  • Expenses Total: 13100
  • Income Annual Gross: 48024.00
  • Income Annual Rental: 52200
  • Income Gross Scheduled: 52200
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 4
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Water
  • Vacancy Factor: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2018
Sold by
Wan Hiu Pak
Bought by
Wan Hiu Pak and Hiu Pak Wan Revocable Living T
Current Estimated Value
$1,290,181

Purchase Details

Listed on
Mar 26, 2015
Closed on
Apr 9, 2015
Sold by
Devi Pratap Sanil and Devi Aruna
Bought by
Wan Hiu Pak and Lau Philip C
Seller's Agent
Natasha Duncan Green
Intero Real Estate Services
Buyer's Agent
George Lai
Far East Realty
List Price
$745,000
Sold Price
$755,000
Premium/Discount to List
$10,000
1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$200,000
Outstanding Balance
$160,689
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,129,492

Purchase Details

Closed on
Oct 4, 2001
Sold by
Ullo Neill F and Ullo Dolores A
Bought by
Pratap Sanil and Devi Aruna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.39%
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
Wan Hiu Pak -- None Available
Wan Hiu Pak -- None Available
Wan Hiu Pak $755,000 Chicago Title Company
Pratap Sanil $440,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wan Hiu Pak $200,000
Previous Owner Pratap Sanil $396,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $755,000 +1.3% $268 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/26/2015 03/26/15 For Sale $745,000 -- $264 / 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 $11,224 $907,365 $272,209 $635,156
2024 $11,224 $889,578 $266,873 $622,705
2023 $11,054 $872,137 $261,641 $610,496
2022 $10,838 $855,037 $256,511 $598,526
2021 $10,747 $838,275 $251,482 $586,793
2020 $10,628 $829,684 $248,905 $580,779
2019 $10,712 $813,421 $244,026 $569,395
2018 $10,055 $797,475 $239,242 $558,233
2017 $9,825 $781,840 $234,552 $547,288
2016 $9,294 $766,513 $229,954 $536,559
2015 $7,253 $540,825 $162,247 $378,578
2014 $6,666 $530,234 $159,070 $371,164
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81457015

MLSListings

APN: 444-0024-050-01