NOT LISTED FOR SALE

Estimated Value: $1,695,000

1.3 Acres
$1,308,678 Price per Acre
56,419 Sq Ft Lot

Last Sold June 10, 2021

Last sale price $1,390,000

Est. 22% increase in value since last sale

Current estimated payment $10,904/month

5 Days on Market

About This Lot

As of June 2021

Prime Development Opportunity to build up to 100+ units in the heart of Hayward! Excellent central location with huge upside potential for high-density residential units (T5 Zoning). There are beautiful units across the street and you are also in the Transit overlay zone which makes this project more appealing. You Buyers are advised to verify all info, conduct own due-diligence, and explore all the development possibilities with City of Hayward. Tremendous Development potential T5 Zoning. Property is nicely situated up on the hills of Mission Blvd, and a short drive away from Cal State University- East Bay. Economic indicators point to a strong economy in the East Bay as the region continues to outpace other portions of the country. The East Bays multifamily market is expected to remain strong for some time to come, being driven by the regions expanding economy and the upward pressure on rents from San Francisco, San Mateo, and Santa Clara Counties.

Last Agent to Sell the Property

Lily Cui

Goodview Financial & Real Estate License #01963638 Listed on: 03/15/2021

Last Buyer's Agent

Paul Chen

Angel Investment Realty License #01359737

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,476

Lot Details

  • 1.3

Additional Features

  • 1.3 Acre Lot
  • No Utilities

Property Details

Property Type

Land

Est. Annual Taxes

$22,476

Lot Details

0

Listing Details

  • Zoning: Residential Acreage
  • Subclass: Residential Development Land
  • Restrictions: Age - No Restrictions, Neighborhood Approval
  • Listing Class: Residential Lots & Land
  • Present Use: Bare Land
  • Development Status: Raw Land
  • Special Features: None
  • Property Sub Type: LotsLands

Schools

  • School District: Hayward Unified
  • Elementary School: Bowman Elementary
  • Middle School: Cesar Chavez Middle
  • High School: Tennyson High
  • High School: 26932
  • Elementary School: 26935
  • Middle School: 26966

Lot Info

  • Lot Acres: 1.2952
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 56421.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 56421.00
  • Parcel Access: Private Road - Share Access

Multi Family

  • Utilities: None / No Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Jun 4, 2021
Sold by
Tongxin Corporation
Bought by
Mission Hayward Properties Llc
Seller's Agent
Lily Cui
Goodview Financial & Real Estate
Buyer's Agent
Paul Chen
Angel Investment Realty
List Price
$1,390,000
Sold Price
$1,390,000
Current Estimated Value
$1,695,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,000
Avg. Annual Appreciation
4.01%

Purchase Details

Closed on
Jan 19, 2021
Sold by
Chang Mario
Bought by
Tongxin Corporation

Purchase Details

Closed on
Jul 15, 2004
Sold by
Chen Lanson and Fong Kai Yung
Bought by
Chang Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 12, 2001
Sold by
Chen Lanson and Fong Kai Yung
Bought by
State Of California
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
Mission Hayward Properties Llc $1,390,000 First American Title Company
Tongxin Corporation -- Accommodation
Chang Mario $750,000 Fidelity National Title
Chang Mario -- Fidelity National Title
State Of California -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chang Mario $2,500,000
Previous Owner Chang Mario $550,000
Previous Owner Chen Lanson $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $1,390,000 0.0% --
03/21/2021 03/21/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $1,390,000 -- --
Source: MLSListings

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 $22,476 $1,504,563 $1,504,563 --
2024 $22,476 $1,475,068 $1,475,068 --
2023 $17,873 $1,446,156 $1,446,156 $0
2022 $17,528 $1,417,800 $1,417,800 $0
2021 $11,514 $901,384 $901,384 $0
2020 $16,638 $892,143 $892,143 $0
2019 $11,082 $874,656 $874,656 $0
2018 $10,380 $857,512 $857,512 $0
2017 $10,133 $840,701 $840,701 $0
2016 $9,569 $824,218 $824,218 $0
2015 $9,371 $811,842 $811,842 $0
2014 $8,884 $795,945 $795,945 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81834107

MLSListings

APN: 078C-0461-006-04