NOT LISTED FOR SALE

Estimated Value: $890,755 - $1,283,000

4 Beds
4 Baths
2,840 Sq Ft
$349/Sq Ft Est. Value

Last Sold August 09, 2024

Last sale price $900,000 $317 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,019/month

70 Days on Market

Highlights

  • City Lights View
  • No HOA
  • 4 Car Garage
  • Wood Flooring
  • Garden
  • Heating System Uses Natural Gas

About This Home

As of August 2024

HUGE PRICE ADJUSTMENT ON THIS 4 PLEX! Within minutes to Lake Merritt, this 4-plex easy access to freeway, shopping and downtown. Each unit features 1 bedroom and 1 bath, living room and kitchen. 2 units have separate entrance and 2 upper units share a common staircase leading to each unit. 4 carports in the front of the building, some built in features related to the period of construction. All units are on separate meters for PGE. Small storage area under the building. Building is in compliance with NEW sewer lateral and sidewalk certification. DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Edward Jue

Re/Max Accord License #00937882 Listed on: 04/29/2024

Re/Max Accord

Last Buyer's Agent

Paul LeJoy

Kw Advisors License #01467744

Kw Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,340

Year Built

  • Built in 1923

Lot Details

  • 5,625 Sq Ft Lot
  • Lot Sloped Up
  • Garden
  • Back Yard

Property Views

  • City Lights Views

Home Design

  • Quadruplex
  • Stucco

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Garage
  • Front Facing Garage

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2,840 Sq Ft Building
  • Bay East Association
  • Lake Merritt Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2122810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,340

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Year Built: 1923
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Subdivision Name: LAKE MERRITT
  • Directions: Lakeshore-E18th-Athol Ave
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Basement: None
  • Appliances: Gas Water Heater
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Tub w/Shower Over
  • Window Features: Window Coverings

Exterior Features

  • Lot Features: Sloped Up, Back Yard
  • View: City Lights
  • View: Yes
  • Construction Type: Stucco, Siding - Other
  • Exterior Features: Back Yard, Garden

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Space Per Unit - 1, Garage Faces Front
  • Total Parking Spaces: 4

Utilities

  • Heating: Natural Gas, Radiant
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning, Other
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

  • Senior High School District: Oakland (510) 879-8111

Lot Info

  • Lot Size Sq Ft: 5625
  • Parcel Number: 2122810
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2024
Closed on
Aug 6, 2024
Sold by
Elaine L Y Lim Survivor Trust and Lim Harry
Bought by
Nzessi Priscilla A
Seller's Agent
Edward Jue
Re/Max Accord
Buyer's Agent
Paul LeJoy
Kw Advisors
List Price
$995,000
Sold Price
$900,000
Premium/Discount to List
-$95,000
-9.55%
Views
86
Current Estimated Value
$992,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,439
Avg. Annual Appreciation
9.76%
Original Mortgage
$855,000
Outstanding Balance
$846,845
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$145,594

Purchase Details

Closed on
Sep 24, 1997
Sold by
Lim Foon & Elaine L Revocable Trust and Elaine L
Bought by
Lim Elaine L Y and The Foon & Elaine L Y Lim Revo

Purchase Details

Closed on
Sep 2, 1994
Sold by
Lim Foon and Lim Elaine L Y
Bought by
Lim Foon and Lim Elaine L Y
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
Nzessi Priscilla A $900,000 Old Republic Title
Lim Elaine L Y -- --
Lim Foon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nzessi Priscilla A $855,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $900,000 -- --
08/09/2024 08/09/24 Sold $900,000 +0.6% $317 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $895,000 -10.1% $315 / Sq Ft
04/29/2024 04/29/24 For Sale $995,000 -- $350 / Sq Ft
Source: Bay East Association of REALTORS®

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 $19,340 $900,000 $270,000 $630,000
2024 $19,340 $1,224,000 $408,000 $816,000
2023 $6,947 $230,517 $194,232 $36,285
2022 $6,465 $225,996 $190,423 $35,573
2021 $5,715 $221,566 $186,690 $34,876
2020 $5,639 $219,294 $184,776 $34,518
2019 $5,124 $214,994 $181,153 $33,841
2018 $5,013 $210,779 $177,601 $33,178
2017 $4,687 $206,647 $174,120 $32,527
2016 $4,476 $202,596 $170,706 $31,890
2015 $4,442 $199,554 $168,143 $31,411
2014 $4,616 $195,646 $164,850 $30,796
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41057820

Bay East Association of REALTORS®

APN: 021-0228-010-00