NOT LISTED FOR SALE

Estimated Value: $1,336,000 - $1,638,000

8 Beds
4 Baths
5,796 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 27, 2018

Last sale price $2,300,000 $397 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $10,226/month

31 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Wall Furnace
  • Rosa Parks Elementary School Rated A
  • Double Pane Windows

About This Home

As of July 2018

Showing on Tuesday, May 22nd at 11am. Offers as they come. Turn-key Investment Opportunity in Berkeley; 5%+ CAP Rate Day 1; Five of 8 units renovated; Each unit has off-street parking space

Last Listed By

Mike Colhoun

ARA CAL INC. License #01464496 Listed on: 05/04/2018

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $20,673

Year Built

  • Built in 1965

Lot Details

  • 4,051

Home Design

  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Double Pane Windows

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted
  • Vinyl

Utilities

  • No Cooling
  • Wall Furnace
  • Private Sewer

Community Details

  • No Home Owners Association
  • 5,796 Sq Ft Building
  • Walnut Creek Association

Property Details

Home Type

Apartment

Est. Annual Taxes

$20,673

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • Property Sub Type: Apt Complex
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Directions: N/A
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Partial Carpeting, Vinyl
  • Basement: None
  • Appliances: Dishwasher, Free-Standing Range, Microwave, Refrigerator
  • Other Equipment: None
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Composition
  • Lot Features: No Lot
  • Construction Type: Stucco, Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: Space Per Unit - 1

Utilities

  • Heating: Wall Furnace
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Private Sewer

Condo/Co-op/Association

  • Association Name: WALNUT CREEK
  • Association: No

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: N/A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2019
Sold by
Davis Esther L and Davis Family Trust
Bought by
Davis David E and Davis Ayana Bracha
Total Days on Market
31
Current Estimated Value
$1,526,333

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 21, 2018
Sold by
Mission Apartments 8809 8936 S Nogales H
Bought by
Davis Esther L and Davis Family Trust
Seller's Agent
Mike Colhoun
ARA CAL INC.
Buyer's Agent
David Davis
TREEHAVEN INVESTMENT PROPERTIE
List Price
$2,300,000
Sold Price
$2,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.86%
Original Mortgage
$1,380,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2015
Sold by
Smith James Washington and Smith Mary S
Bought by
Mission Apartments 8909-8936 S Nogales H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 16, 2008
Sold by
Smith James Washington and Smith Mary S
Bought by
Smith James Washington and Smith Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.96%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

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
Davis David E -- Chicago Title
Davis Esther L $2,300,000 Chicago Title
Mission Apartments 8909-8936 S Nogales H $500,000 Old Republic Title Co Berkel
Smith James Washington -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Esther L $1,380,000
Previous Owner Mission Apartments 8909-8936 S Nogales H $350,000
Previous Owner Smith James Washington $280,000
Previous Owner Smith James Washington $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2024 05/13/24 Off Market $2,300,000 -- --
07/27/2018 07/27/18 Sold $2,300,000 0.0% $397 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $2,300,000 -- $397 / Sq Ft
Source: bridgeMLS

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
2024 $20,673 $1,297,348 $389,204 $908,144
2023 $20,243 $1,271,914 $381,574 $890,340
2022 $19,873 $1,246,977 $374,093 $872,884
2021 $19,914 $1,222,534 $366,760 $855,774
2020 $18,368 $1,173,000 $357,000 $816,000
2019 $17,609 $1,150,000 $350,000 $800,000
2018 $11,132 $624,240 $286,110 $338,130
2017 $10,723 $612,000 $280,500 $331,500
2016 $12,312 $600,000 $275,000 $325,000
2015 $15,074 $86,313 $31,334 $54,979
2014 $15,796 $84,622 $30,720 $53,902
Source: Public Records

Agents Affiliated with this Home

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Source: bridgeMLS

MLS Number: 40820479

bridgeMLS

APN: 056-1939-015-00