NOT LISTED FOR SALE

Estimated Value: $1,003,008 - $1,459,000

8 Beds
5 Baths
3,432 Sq Ft
$351/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $1,275,000 $372 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,906/month

31 Days on Market

Highlights

  • No HOA
  • Security Gate
  • Fenced
  • Cooling Available
  • Laundry Facilities
  • Wood Siding

About This Home

As of July 2021

High income producing Fourplex located in the Allendale neighborhood of Oakland. Each units are separately metered for electrical & water leading to its extremely low maintenance costs and with higher rents current CAP RATE is 6.38% and have rental increases for each unit in the next 2-4 months making the cap rate 7.24%. The structure is routinely inspected and kept in great condition with newly painted entryway and railings. Onsite coin-op laundry facility with personal lockers for tenants. Each unit given a covered private garage spot and one uncovered parking spot. For more info call Listing agent.

Last Agent to Sell the Property

Conner Applegate

Conner Applegate, Broker License #01938041 Listed on: 05/06/2021

Co-Listed By

Tyler Lonestar

Corcoran Icon Properties License #02141229

Last Buyer's Agent

Abhi Indap

Kw Advisors License #02061001

Kw Advisors

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced
  • Back Yard

Home Design

  • Quadruplex
  • Wood Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 3220659

Community Details

Overview

  • No Home Owners Association
  • 3,432 Sq Ft Building
  • Bridge Aor Association

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Year Built: 1960
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: OBOCCP
  • Directions: 35th/Allendale/Viola
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: None
  • Basement: None
  • Appliances: Dryer, Washer
  • Total Bedrooms: 8
  • Interior Amenities: Storage

Exterior Features

  • Fencing: Fenced
  • Lot Features: See Remarks
  • Construction Type: Wood Siding
  • Exterior Features: Back Yard, Side Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Space Per Unit - 2

Utilities

  • Heating: Wall Furnace
  • Cooling: Ceiling Fan(s)
  • Laundry Features: Community Facility
  • Security: Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5000
  • Parcel Number: 3220659
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 18, 2021
Sold by
Drotman Donald B and Drotman Emily J
Bought by
Motewar Prashant S and Trupti Domkondwar
Seller's Agent
Conner Applegate
Conner Applegate, Broker
Buyer's Agent
Abhi Indap
Kw Advisors
List Price
$1,299,000
Sold Price
$1,275,000
Premium/Discount to List
-$24,000
-1.85%
Current Estimated Value
$1,205,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,248
Avg. Annual Appreciation
-1.19%
Original Mortgage
$956,250
Outstanding Balance
$865,765
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$339,987

Purchase Details

Closed on
Jul 22, 1999
Sold by
Paskewitz Tanya
Bought by
Drotman Donald B and Drotman Emily J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
7.75%

Purchase Details

Closed on
Jun 18, 1997
Sold by
Quach Ngoc C
Bought by
Paskewitz Michael and Paskewitz Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Motewar Prashant S $1,275,000 Chicago Title Company
Drotman Donald B $290,000 Fidelity National Title Co
Paskewitz Michael $190,000 Golden California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motewar Prashant S $956,250
Previous Owner Drotman Donald B $217,500
Previous Owner Paskewitz Michael $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,275,000 -- --
07/08/2021 07/08/21 Sold $1,275,000 -1.8% $372 / Sq Ft
06/06/2021 06/06/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $1,299,000 0.0% $378 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $1,299,000 -- $378 / Sq Ft
Source: bridgeMLS

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 $20,550 $1,353,030 $405,909 $947,121
2024 $20,550 $1,326,510 $397,953 $928,557
2023 $21,553 $1,300,500 $390,150 $910,350
2022 $20,841 $1,275,000 $382,500 $892,500
2021 $8,261 $411,761 $123,528 $288,233
2020 $8,159 $407,541 $122,262 $285,279
2019 $7,587 $399,552 $119,865 $279,687
2018 $7,428 $391,720 $117,516 $274,204
2017 $7,024 $384,040 $115,212 $268,828
2016 $6,772 $376,511 $112,953 $263,558
2015 $6,730 $370,857 $111,257 $259,600
2014 $7,030 $363,592 $109,077 $254,515
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40948707

bridgeMLS

APN: 032-2065-009-00

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