S
Seller's Agent in 2024
Sandy Leung
Bay Home Investments&loans
(510) 229-8668
1 in this area
10 Total Sales
2865 E 16th St Oakland, CA 94601
Fruitvale NeighborhoodEstimated Value: $654,000 - $764,000
4
Beds
4
Baths
2,622
Sq Ft
$273/Sq Ft
Est. Value
Highlights
- No HOA
- Rectangular Lot
- Front Yard
- Tile Flooring
- Heating System Uses Natural Gas
- 4-minute walk to Josie De La Cruz Park
About This Home
As of December 2024This is a great potential investment 4-units income property in Oakland. All units are tenant-occupied. Monthly income $5,364. Month-to-month lease. The sewer lateral has been replaced, few years old roof. Huge parking area with iron gate for privacy. New water heaters. Close to the Bart, shops, school, and 880 freeway.
Last Agent to Sell the Property
Bay Home Investments&loans License #01460896 Listed on: 09/20/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 4,450 Sq Ft Lot
- Rectangular Lot
- Front Yard
Parking
- Parking Lot
Home Design
- Quadruplex
- Stucco
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- 2,622 Sq Ft Building
- Bay East Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 20, 2024
Closed on
Dec 10, 2024
Sold by
Koon Young Bock and King Sui
Bought by
Gonzalez Jose Noe and Gonzalez Imelda
Seller's Agent
Sandy Leung
Bay Home Investments&loans
Buyer's Agent
Sohini Deo
Global Real Estate
List Price
$768,800
Sold Price
$758,000
Premium/Discount to List
-$10,800
-1.4%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,481
Avg. Annual Appreciation
-5.23%
Original Mortgage
$568,500
Outstanding Balance
$564,029
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$150,490
Purchase Details
Closed on
Oct 28, 2014
Sold by
Martinez Kerry Dean and Joseph Salazar Martinez Living
Bought by
King Young Bock Koon and King Young Sui
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 11, 2014
Sold by
Martinez Joseph S
Bought by
Martinez Joseph Salazar and Martinez Kerry Dean
Purchase Details
Closed on
Aug 13, 2002
Sold by
Martinez Dianne P
Bought by
Martinez Joseph S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gonzalez Jose Noe | $758,000 | Fidelity National Title Compan | |
| King Young Bock Koon | $480,000 | Old Republic Title Company | |
| Martinez Joseph Salazar | -- | None Available | |
| Martinez Joseph S | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gonzalez Jose Noe | $568,500 | |
| Previous Owner | King Young Bock Koon | $312,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $768,800 | -- | -- |
| 12/24/2024 12/24/24 | Sold | $758,000 | -1.4% | $289 / Sq Ft |
| 11/09/2024 11/09/24 | Pending | -- | -- | -- |
| 09/20/2024 09/20/24 | For Sale | $768,800 | -- | $293 / Sq Ft |
Source: Bay East Association of REALTORS®
Tax History Compared to Growth
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 | $10,959 | $758,000 | $227,400 | $530,600 |
| 2024 | $10,959 | $565,560 | $169,668 | $395,892 |
| 2023 | $11,316 | $554,471 | $166,341 | $388,130 |
| 2022 | $10,768 | $543,600 | $163,080 | $380,520 |
| 2021 | $9,926 | $532,943 | $159,883 | $373,060 |
| 2020 | $9,807 | $527,481 | $158,244 | $369,237 |
| 2019 | $9,197 | $517,141 | $155,142 | $361,999 |
| 2018 | $9,003 | $507,004 | $152,101 | $354,903 |
| 2017 | $8,548 | $497,063 | $149,119 | $347,944 |
| 2016 | $8,690 | $487,320 | $146,196 | $341,124 |
| 2015 | $8,890 | $480,000 | $144,000 | $336,000 |
| 2014 | $3,747 | $135,210 | $92,957 | $42,253 |
Source: Public Records
Agents Affiliated with this Home
-
Sandy Leung
-
Sohini Deo
S
Buyer's Agent in 2024
Sohini Deo
Global Real Estate
(510) 639-0859
2 in this area
39 Total Sales
Map
Source: Bay East Association of REALTORS®
MLS Number: 41073968
APN: 025-0716-003-00
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