N
Seller's Agent in 2023
Nneka Jenkins
Real Estate Experts ERA Powered
2946 E 29th St Oakland, CA 94601
Patten NeighborhoodEstimated Value: $986,000 - $1,841,000
9
Beds
5
Baths
3,157
Sq Ft
$384/Sq Ft
Est. Value
Highlights
- Balcony
- Forced Air Heating System
- Back Yard
- Skylights
- Gentle Sloping Lot
- 1-Story Property
About This Home
As of August 2023House hackers and Investors dream! stunning Triplex located at 2944 E 29th - 2946 E 29th Street. 1 vacant, remodeled 3 bedroom unit and 2 occupied, updated 3 bedroom units, both at market rate rent with stable, reliable tenants. Over $6k in current income with possibility of over $9k total income for an investor once you rent the third unit. This remarkable triplex has a wonderful 3 car garage and on site laundry. The meticulously designed floor plans of each residence offer spacious interiors and thoughtfully crafted details, guaranteeing comfort and style. Whether you envision a multi-generational living arrangement or seek to create an enviable investment portfolio, this property caters to your every need. Each unit features a modern kitchen and ample living spaces. Conveniently located within close proximity to sought-after amenities such as shopping centers, parks, and dining options, these properties ensure a coveted lifestyle in the heart of Oakland.
Last Agent to Sell the Property
Nneka Jenkins
Real Estate Experts ERA Powered License #01989776 Listed on: 05/19/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,267
Year Built
- 1960
Lot Details
- 4,800 Sq Ft Lot
- Gentle Sloping Lot
- Back Yard
Parking
- 3 Car Garage
- Workshop in Garage
- Off-Street Parking
Home Design
- Triplex
- Slab Foundation
Interior Spaces
- 3,157 Sq Ft Home
- 1-Story Property
- Skylights
- Gas Oven
Additional Features
- Balcony
- Forced Air Heating System
Listing and Financial Details
- Total Actual Rent $68,160
- Month-to-Month Lease Term
Community Details
Overview
- 3,157 Sq Ft Building
Building Details
- 2 Leased Units
- Gardener Expense $400
- Insurance Expense $3,857
- Maintenance Expense $400
- Other Expense $1,584
- Utility Expense $1,428
- Trash Expense $2,647
- Operating Expense $26,738
- Gross Income $68,160
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2023
Closed on
Aug 9, 2023
Sold by
Apata Group Llc
Bought by
Reno Kim
Seller's Agent
Nneka Jenkins
Real Estate Experts ERA Powered
Buyer's Agent
Paul Kim
Legacy Real Estate & Assoc.
List Price
$1,199,999
Sold Price
$1,125,000
Premium/Discount to List
-$74,999
-6.25%
Views
76
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
$88,373
Avg. Annual Appreciation
3.80%
Original Mortgage
$675,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 21, 2022
Sold by
Young Alethea G
Bought by
Apata Group Llc
Purchase Details
Closed on
May 29, 2019
Sold by
Zaree Properties Llc
Bought by
Young Alethea G and Odusoga Abimbola M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$931,419
Interest Rate
4.1%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 29, 2018
Sold by
Edebiri Igbinoghene
Bought by
Zaree Properties Llc
Purchase Details
Closed on
Jan 12, 2017
Sold by
Kim Jeanny
Bought by
Edebiri Igbinoghene
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,750
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 16, 2014
Sold by
Kim Jeanny and Kim Jeanny Sokham
Bought by
Kim Jeanny
Purchase Details
Closed on
May 23, 2009
Sold by
Kim Jimmy P
Bought by
Kim Jeanny Sokhan
Purchase Details
Closed on
Feb 23, 2005
Sold by
Wu Peter and Wu Ruby
Bought by
Kim Jimmy P and Kim Jeanny S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Interest Rate
5.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2005
Sold by
Wu Peter and Wu Ruby
Bought by
Wu Peter and Wu Ruby
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Interest Rate
5.73%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Reno Kim | $1,125,000 | Chicago Title | |
| Apata Group Llc | -- | -- | |
| Young Alethea G | $950,000 | Chicago Title Company | |
| Zaree Properties Llc | -- | None Available | |
| Edebiri Igbinoghene | $785,000 | Fidelity National Title Co | |
| Kim Jeanny | -- | Fidelity National Title Co | |
| Kim Jeanny Sokhan | -- | None Available | |
| Kim Jimmy P | $489,000 | North American Title Co | |
| Wu Peter | -- | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Reno Kim | $667,365 | |
| Closed | Reno Kim | $675,000 | |
| Previous Owner | Young Alethea G | $931,419 | |
| Previous Owner | Edebiri Igbinoghene | $612,500 | |
| Previous Owner | Edebiri Igbinoghene | $588,750 | |
| Previous Owner | Kim Jimmy P | $391,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2023 08/22/23 | Sold | $1,125,000 | -2.1% | $356 / Sq Ft |
| 08/01/2023 08/01/23 | Pending | -- | -- | -- |
| 06/16/2023 06/16/23 | Price Changed | $1,149,000 | -4.2% | $364 / Sq Ft |
| 06/15/2023 06/15/23 | For Sale | $1,199,999 | 0.0% | $380 / Sq Ft |
| 06/06/2023 06/06/23 | Pending | -- | -- | -- |
| 05/19/2023 05/19/23 | For Sale | $1,199,999 | -- | $380 / Sq Ft |
Source: MLSListings
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 | $17,267 | $1,140,500 | $344,250 | $803,250 |
| 2024 | $17,267 | $1,125,000 | $337,500 | $787,500 |
| 2023 | $16,969 | $1,018,580 | $305,574 | $713,006 |
| 2022 | $16,422 | $998,611 | $299,583 | $699,028 |
| 2021 | $15,611 | $979,031 | $293,709 | $685,322 |
| 2020 | $15,437 | $969,000 | $290,700 | $678,300 |
| 2019 | $12,655 | $816,713 | $245,014 | $571,699 |
| 2018 | $12,391 | $800,700 | $240,210 | $560,490 |
| 2017 | $9,250 | $587,278 | $176,183 | $411,095 |
| 2016 | $7,936 | $500,000 | $150,000 | $350,000 |
| 2015 | $7,655 | $475,000 | $142,500 | $332,500 |
| 2014 | $6,883 | $400,000 | $120,000 | $280,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Paul Kim
P
Buyer's Agent in 2023
Paul Kim
Legacy Real Estate & Assoc.
(510) 744-3500
2 in this area
9 Total Sales
Map
Source: MLSListings
MLS Number: ML81929041
APN: 027-0852-009-02
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