NOT LISTED FOR SALE

Estimated Value: $601,000 - $725,000

2 Beds
2 Baths
2,203 Sq Ft
$298/Sq Ft Est. Value

Last Sold May 13, 2021

Last sale price $806,452 $366 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $4,386/month

10 Days on Market

Highlights

  • Additional Residence on Property
  • No HOA
  • Security Gate
  • Wood Flooring
  • Attached Garage
  • Forced Air Heating System

About This Home

As of May 2021

Opportunity is in the eye of the beholder. Sunny and spacious 2 bed, 2 bath home with gleaming hardwood floors, open concept designer kitchen and tons of space to add on or build another unit/adu. Current house has 2 beds and 2 baths. Large fully fenced lot with off st parking and security gate. Great possibilities with this total fixer and ready for investors and savvy buyers alike. Close to all that Oakland has to offer. 2528 and 2532 78th ave to be sold together, and a new buyer can create an owner's compound or rental property. 2 meters for Gas, electric & water. Cash & private financing only. Do not enter property without an appointment and an licensed agent. Don't miss this opportunity to buy two vacant homes side by side in Oakland.

Last Agent to Sell the Property

Gaylen Roberts

KW Advisors East Bay License #01885597 Listed on: 04/16/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,193

Year Built

  • Built in 1928

Lot Details

  • 3,500 Sq Ft Lot
  • Level Lot
  • Front Yard

Parking

  • Attached Garage

Home Design

  • 2,203 Sq Ft Home
  • Stucco Exterior

Flooring

  • Wood Flooring
  • No Floor Coverings

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement
  • Laundry in Basement

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Gas Dryer Hookup
  • Additional Residence on Property

Community Details

  • No Home Owners Association
  • Bridge Aor Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,193

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Sub Type: 2HOUSES-1LOT
  • Property Type: Residential Income
  • Lot Features: Level, Other, Front Yard, Security Gate
  • LotSizeAcres: 0.08
  • Has HOA?: No
  • Co List Office Mls Id: OBOKWOAK
  • Special Conditions: Standard
  • Directions: Bancroft > 78th Ave
  • Basement: Partial, Full
  • Has Basement?: Yes
  • Has Cooling?: Yes
  • Living Area: 2203
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Other Equipment: None
  • Flooring: Hardwood Flrs Throughout, Other, None, See Remarks

Exterior Features

  • Construction Type: Stucco, Siding - Stucco
  • Exterior Features: Other

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Has Attached Garage?: Yes
  • Parking Features: Attached, Other

Utilities

  • Laundry Features: Gas Dryer Hookup, In Basement
  • Cooling: No Air Conditioning
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR

Lot Info

  • Lot Size Sq Ft: 3500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2023
Sold by
Assured Lender Services Inc
Bought by
Velocity Commercial Cap Ln Tr and Us Bank National Association
Current Estimated Value
$656,432

Purchase Details

Closed on
Apr 26, 2022
Sold by
Optimum Vigor Development 2532 & 2528 78
Bought by
Optimum Vigor Development 2532 & 2528 78Th Av

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 4, 2021
Sold by
Huang Changli and Wong Wayne
Bought by
Optimum Vigor Dev 2532 & 2525 78Th Ave L
Seller's Agent
Gaylen Roberts
KW Advisors East Bay
List Price
$750,000
Sold Price
$806,452
Premium/Discount to List
$56,452
7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.49%
Original Mortgage
$806,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 26, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Huang Changli and Wong Wayne

Purchase Details

Closed on
Jan 13, 2011
Sold by
Eydelshteyn Vladimir
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Jul 2, 2002
Sold by
Liu Jenny
Bought by
Eydelshteyn Vladimir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
5.68%

Purchase Details

Closed on
Oct 29, 1993
Sold by
Liu Milton
Bought by
Liu Jenny
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
Velocity Commercial Cap Ln Tr $915,496 Orange Coast Title
Optimum Vigor Development 2532 & 2528 78Th Av -- Members Title Company
Optimum Vigor Dev 2532 & 2525 78Th Ave L $806,500 First American Title Company
Huang Changli -- First American Title Company
Huang Changli $82,000 First American Title
Jpmorgan Chase Bank National Association $125,065 Servicelink
Eydelshteyn Vladimir $50,000 Fidelity National Title Co
Eydelshteyn Vladimir $170,000 Fidelity National Title Co
Liu Jenny -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Optimum Vigor Development 2532 & 2528 78Th Av $787,500
Previous Owner Optimum Vigor Dev 2532 & 2525 78Th Ave L $806,000
Previous Owner Eydelshteyn Vladimir $119,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Off Market $806,452 -- --
05/13/2021 05/13/21 Sold $806,452 0.0% $366 / Sq Ft
05/13/2021 05/13/21 Sold $806,452 +7.5% $366 / Sq Ft View Prior Sale
04/26/2021 04/26/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $750,000 0.0% $340 / Sq Ft
04/16/2021 04/16/21 For Sale $750,000 -- $340 / 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
2025 $11,193 $688,500 $206,550 $481,950
2024 $11,193 $675,000 $202,500 $472,500
2023 $9,150 $526,857 $158,036 $368,821
2022 $8,781 $516,528 $154,938 $361,590
2021 $2,723 $95,148 $28,544 $66,604
2020 $2,692 $94,174 $28,252 $65,922
2019 $2,497 $92,328 $27,698 $64,630
2018 $2,449 $90,518 $27,155 $63,363
2017 $2,321 $88,744 $26,623 $62,121
2016 $2,155 $87,004 $26,101 $60,903
2015 $2,140 $85,697 $25,709 $59,988
2014 $2,053 $84,018 $25,205 $58,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40945990

bridgeMLS

APN: 040-3389-014-00