NOT LISTED FOR SALE

Estimated Value: $814,000 - $1,327,000

2 Beds
4 Baths
2,376 Sq Ft
$415/Sq Ft Est. Value

Last Sold June 08, 2017

Last sale price $792,000 $333 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $6,574/month

14 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Security Fence
  • Circular Fireplace
  • Coin Laundry
  • 3-minute walk to Josie De La Cruz Park

About This Home

As of June 2017

Great Investment Opportunity or Live in 1-unit & rent out the other turn-Key units. Located in the desirable Albrecht Subdivison of Oakland. The 2003 Foundation to Roof Remodeling was all completed with permits & very well maintained. 2 buildings surrounded by beautiful gardens w/ mature avocado & bamboo trees. The property has 4-units which includes 2x 1bedrooms + 2x studios. The larger of the two 1 bedrooms is 1,022 sq. ft. with gas fire place, beautiful original wood beamed ceilings. Property has security gates and security cameras with monitor overlooking property. Low Maintenance buildings completely remodeled with double pained windows in each unit w/ city permits a year ago. Units occupied with longtime & recent tenants. Property also has 2 garages + 3 separate storages and additional parking spaces. Best Location in Fruitvale/International District. 2 blocks to BART and Fruitvale Village, shops etc. Easy access to 880 and 580, Bay Bridge, Airport & other transportation.

Last Agent to Sell the Property

Carla Hudson

Intero Real Estate Services License #01473976 Listed on: 05/19/2017

Intero Real Estate Services

Last Buyer's Agent

Carla Hudson

Intero Real Estate Services License #01473976 Listed on: 05/19/2017

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,538

Year Built

  • 1912

Lot Details

  • 7,100 Sq Ft Lot
  • Security Fence

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,376 Sq Ft Home
  • 2-Story Property
  • Circular Fireplace

Flooring

  • Wood
  • Tile

Home Security

  • Panic Alarm
  • Monitored
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • 1 Carport Space
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $70,740

Community Details

Building Details

  • 4 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $1,200
  • Maintenance Expense $2,400
  • Utility Expense $3,600
  • Trash Expense $1,500
  • Operating Expense $20,827
  • Gross Income $73,140

Additional Features

  • 2,376 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,538

Year Built

1912

Lot Details

0

Listing Details

  • Zoning: unkown
  • Subclass: Fourplex
  • Age: 105
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2376
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1912

Interior Features

  • Living Sq Ft: 2376
  • Stories: 2
  • Security: Closed Circuit Monitoring (24-Hour), Fire Alarm, Panic Alarm, Security Fence, Video / Audio System
  • Laundry: Coin Operated
  • Flooring: Hardwood, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 5
  • Garage Parking Features: Assigned Spaces, Common Parking Area
  • Carport Min: 1

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas, Fireplace
  • Sewer/Septic System: Drainage - Public Storage

Schools

  • School District: Oakland Unified
  • Elementary School: International Community
  • Elementary School: 27253

Lot Info

  • Lot Acres: 0.1630
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7080.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7080.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Lease Agreement - Written
  • Gross Rent Multiplier: 10.24
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expense Landscape: 1800
  • Expense Maintenance: 2400
  • Expenses Total: 20827
  • Expenses Utility: 3600
  • Expense Trash: 1500
  • Income Annual Gross: 73140.00
  • Income Annual Rental: 70740
  • Income Gross Scheduled: 73140
  • Income Includes: Coin Operated Equip
  • Income Other: 2400
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Parking, Maintenance, Maintenance - Laundry, Maintenance - Repair, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Fee - Parking, Rent Only

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2017
Closed on
Jun 5, 2017
Sold by
Hargan Kathleen M
Bought by
Yeh Yu Ling and The Yu Ling Yeh Trust
Seller's Agent
Carla Hudson
Intero Real Estate Services
Buyer's Agent
Carla Hudson
Intero Real Estate Services
List Price
$749,000
Sold Price
$792,000
Premium/Discount to List
$43,000
5.74%
Current Estimated Value
$986,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,053
Avg. Annual Appreciation
2.70%

Purchase Details

Closed on
Jul 17, 2006
Sold by
Hargan Kathleen M and Hargan Kathleen
Bought by
Hargan Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 25, 2005
Sold by
Pehar Zeljko
Bought by
Hargan Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2004
Sold by
Pacific Shores Development Inc
Bought by
Pehar Zeljko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2004
Sold by
Jovanovic Bramslav and Steele Marianne
Bought by
Pacific Shores Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 2002
Sold by
Thornally Elizabeth
Bought by
Javanovic Branislav and Steele Marianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,850
Interest Rate
7.99%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yeh Yu Ling $792,000 Old Republic Title Company
Hargan Kathleen M -- Financial Title Company
Hargan Kathleen $650,000 Financial Title Company
Pehar Zeljko $630,000 Fidelity National Title Co
Pehar Zeljko -- Fidelity National Title Co
Pacific Shores Development Inc -- --
Javanovic Branislav $361,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hargan Kathleen M $286,000
Previous Owner Hargan Kathleen M $35,000
Previous Owner Hargan Kathleen $455,000
Previous Owner Pehar Zeljko $567,000
Previous Owner Javanovic Branislav $306,850
Closed Hargan Kathleen $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2017 06/08/17 Sold $792,000 +5.7% $333 / Sq Ft
06/02/2017 06/02/17 Pending -- -- --
05/19/2017 05/19/17 For Sale $749,000 -- $315 / Sq Ft
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 $14,538 $919,163 $275,749 $643,414
2024 $14,538 $901,144 $270,343 $630,801
2023 $15,201 $883,475 $265,042 $618,433
2022 $14,678 $866,154 $259,846 $606,308
2021 $13,905 $849,174 $254,752 $594,422
2020 $13,746 $840,470 $252,141 $588,329
2019 $13,143 $823,996 $247,199 $576,797
2018 $12,865 $807,840 $242,352 $565,488
2017 $11,024 $720,000 $216,000 $504,000
2016 $10,328 $670,000 $201,000 $469,000
2015 $7,964 $450,000 $135,000 $315,000
2014 $6,763 $375,000 $112,500 $262,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81652474

MLSListings

APN: 025-0721-003-00