NOT LISTED FOR SALE

Estimated Value: $1,681,482

6 Beds
4 Baths
3,901 Sq Ft
$431/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2021

Last sale price $1,950,000 $500 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $11,794 / mo

20 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Laundry closet
  • Lincoln Elementary School Rated 9+
  • No HOA
  • Energy-Efficient Appliances

About This Home

As of November 2021

With four units (2, 1BR/1BA and 2, 2+BR/1BA) and 3,901 sq. ft., Oakland’s 283 Park View Terrace is a versatile multifamily property that’s ready for new ownership. Strong existing income, ADU potential, and a central location that’s near Downtown Oakland as well as Lake Merritt make this a smart investment for either the short- or long-term. Exceptional shopping and dining options along nearby Broadway street, Grand avenue, and Lakeshore avenue ensure any vacancies will be both short-lived and filled with desirable new tenants. For those looking to occupy as well as own, know that one of the units (a top-floor, 1BR) will be delivered vacant at close. It bears mentioning that—from a structural standpoint—the foundation, plumbing, and electrical are all relatively new, which means the new owners will not be required to expend additional dollars on costly modernization projects.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 09/09/2021

Keller Williams Realty

Last Buyer's Agent

Jatin Mehta

Kite Hill Real Estate License #02045713

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 5,426 Sq Ft Lot
  • Partially Fenced Property
  • Landscaped
  • Corner Lot
  • Front Yard Sprinklers

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Frame Construction
  • Wood Siding

Flooring

  • Wood
  • Tile
  • Vinyl

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • 4 Bathrooms
  • Walk-Out Basement
  • Energy-Efficient Appliances

Community Details

  • No Home Owners Association
  • 3,901 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 1077041

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

5,426 Sq Ft Lot

Listing Details

  • Year Built: 1907
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Directions: On Grand Ave, turn right onto Park View Terrace.
  • Carport Y N: No
  • Garage Yn: No
  • Efficiency: Appliances
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Vinyl
  • Basement: Separate Entry, Storage Space
  • Appliances: Dryer, Washer, Gas Water Heater
  • Interior Amenities: Storage Area(s)

Exterior Features

  • Fencing: Partial Fence
  • Lot Features: Corner Lot, Front Yard, Landscape Front
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Front Yard, Sprinklers Front, Landscape Front, Lawn Sprinkler

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street, Street Parking

Utilities

  • Heating: Forced Air
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Laundry Features: Common Area, Dryer, Laundry Closet, Washer, Washer/Dryer Hookups
  • Security: Secured Access
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5426
  • Parcel Number: 1077041
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4037.01

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 22, 2021
Sold by
Bought by
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Jatin Mehta
Kite Hill Real Estate
List Price
$1,800,000
Sold Price
$1,950,000
Premium/Discount to List
$150,000
8.33%
Current Estimated Value
$1,681,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$268,518
Avg. Annual Appreciation
-3.05%
Original Mortgage
$1,267,500
Outstanding Balance
$1,133,030
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$548,452

Purchase Details

Closed on
May 20, 2016
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2012
Sold by
Bought by

Purchase Details

Closed on
Oct 22, 2003
Sold by
Bought by

Purchase Details

Closed on
Apr 9, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 9, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,700
Interest Rate
7.11%

Purchase Details

Closed on
May 24, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,950,000 Old Republic Title Company
$1,450,000 Old Republic Title Company
-- None Available
$875,000 Old Republic Title Company
-- Placer Title Company
-- Placer Title Company
-- Placer Title Company
$275,000 Commonwealth Land Title Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,267,500
Previous Owner $1,005,000
Previous Owner $1,087,500
Previous Owner $525,000
Previous Owner $531,700
Previous Owner $528,700
Previous Owner $455,000
Previous Owner $60,000
Previous Owner $77,000
Previous Owner $142,000
Previous Owner $220,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,950,000 -- --
11/01/2021 11/01/21 Sold $1,950,000 +8.3% $500 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $1,800,000 -- $461 / Sq Ft
Source: bridgeMLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $30,624 $2,110,718 $633,215 $1,477,503
2025 $29,483 $2,069,340 $620,802 $1,448,538
2024 $29,483 $2,028,780 $608,634 $1,420,146
2023 $31,076 $1,989,000 $596,700 $1,392,300
2022 $30,206 $1,950,000 $585,000 $1,365,000
2021 $24,460 $1,585,763 $475,729 $1,110,034
2020 $24,186 $1,569,508 $470,852 $1,098,656
2019 $23,243 $1,538,740 $461,622 $1,077,118
2018 $22,749 $1,508,580 $452,574 $1,056,006
2017 $21,846 $1,479,000 $443,700 $1,035,300
2016 $15,934 $1,050,874 $315,262 $735,612
2015 $14,279 $920,000 $276,000 $644,000
2014 $15,029 $1,014,815 $304,444 $710,371
Source: Public Records

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Map

Source: bridgeMLS

MLS Number: 40966429

bridgeMLS

APN: 010-0770-004-01

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