NOT LISTED FOR SALE

Estimated Value: $753,000 - $1,079,000

Studio
2 Baths
2,750 Sq Ft
$326/Sq Ft Est. Value

Last Sold August 07, 2019

Last sale price $770,000 $280 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,750/month

24 Days on Market

Highlights

  • Wood Flooring
  • Landscaped
  • Garage
  • Corner Lot
  • Central Heating
  • 4-minute walk to Durant Mini Park

About This Home

As of August 2019

2947 West Street is a duplex located in the heart of the Hoover Foster District conveniently located to restaurants, shopping, freeways, and Oakland Airport. Quick freeway access to San Francisco and a few minutes from Emeryville. It's a 10-minute drive to Uptown Oakland and with BART access on the 19th Street Station; it's a perfectly situated location with an 85 Walk Score and a 94 Biker score. 2947 West Street consists of two spacious 3 bed/1.25 bath units with an additional flex room along with detached garage space for storage. Units offer charming hardwood floors, beam ceilings, and abundant natural lighting. Kitchens contain gas stovetops and granite countertops. The location and size of the units offer strong appeal to both young professionals and families.

Last Agent to Sell the Property

Justin Wong

SVN/Pacific Commercial Advisor License #01974254 Listed on: 05/24/2019

SVN/Pacific Commercial Advisor

Co-Listed By

Kevin Chin, CCIM

SVN/Pacific Commercial Advisor License #00696127

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 3,070 Sq Ft Lot
  • Landscaped
  • Corner Lot

Parking

  • Garage

Home Design

  • Duplex
  • Concrete Foundation
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,750 Sq Ft Home
  • Wood Flooring
  • Fire and Smoke Detector
  • Microwave
  • Laundry in unit

Utilities

  • Central Heating
  • Separate Meters

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, water
  • Assessor Parcel Number 9-694-1-1

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

3,070 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Apartments, House(s)
  • Year Built: 1903
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: None
  • Appliances: Free Standing Refrigerator, Microwave, OVFR
  • Flooring: Wood
  • Laundry Features: In Each Unit, WSHD
  • Price Per Square Foot: 280.00
  • Square Footage: 2750.00

Exterior Features

  • Construction Materials: Frame, Wood, Wood Siding
  • Foundation: Concrete
  • Patio And Porch Features: DECK

Garage/Parking

  • Parking Features: Garage

Utilities

  • Heating: Central
  • Security Features: Smoke Detector

Lot Info

  • Assessor Parcel Number: 9-694-1-1
  • Lot Features: Corner, Landscape Front
  • Lot Size Acres: 0.0705
  • Lot Size Sq Ft: 3070.00
  • Lot Size Units: SqFt
  • Price Per Acre: 10921985.82

Rental Info

  • Lease Term: SCDP,WRTA
  • Tenant Pays: Electricity, Water

Building Info

  • Number of Units Total: 2

Multi Family

  • Gross Rent Multiplier: 13.84
  • Separate Meters: Electricity, Gas, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Jul 31, 2019
Sold by
Hooshmand Mohammad and Lonay Linda
Bought by
Fessehaye Dawit
Seller's Agent
Justin Wong
SVN/Pacific Commercial Advisor
List Price
$770,000
Sold Price
$770,000
Current Estimated Value
$896,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,773
Avg. Annual Appreciation
2.36%
Original Mortgage
$705,127
Outstanding Balance
$618,195
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$278,578

Purchase Details

Closed on
Sep 2, 2011
Sold by
Aurora Loan Services Llc
Bought by
Hooshmand Mohammad and Lonay Linda

Purchase Details

Closed on
Sep 21, 2010
Sold by
Morris Andre M
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Apr 4, 2005
Sold by
Mabry Esther
Bought by
Morris Andre M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 1999
Sold by
Mabry William Franklin
Bought by
Mabry Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
6.9%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 2, 1999
Sold by
Mcintyre Dorothy 1997 Living Trust and Eurada
Bought by
Mabry Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,500
Interest Rate
6.9%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 21, 1997
Sold by
Mcintyre Dorothy
Bought by
Mcintyre Dorothy and Dorothy Mcintyre 1997 Living T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fessehaye Dawit $770,000 Fidelity National Title Co
Hooshmand Mohammad $160,000 Fidelity National Title Co
Aurora Loan Services Llc $180,000 None Available
Morris Andre M $525,000 Chicago Title Co
Mabry Esther -- Commonwealth Land Title Co
Mabry Esther $130,000 Commonwealth Land Title Co
Mcintyre Dorothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fessehaye Dawit $705,127
Previous Owner Morris Andre M $420,000
Previous Owner Mabry Esther $84,500
Closed Morris Andre M $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2019 08/07/19 Sold $770,000 0.0% $280 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $770,000 -- $280 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $13,727 $842,094 $252,628 $589,466
2024 $13,727 $825,585 $247,675 $577,910
2023 $13,393 $809,400 $242,820 $566,580
2022 $12,995 $793,530 $238,059 $555,471
2021 $12,537 $777,977 $233,393 $544,584
2020 $12,278 $770,000 $231,000 $539,000
2019 $3,941 $180,153 $54,046 $126,107
2018 $3,862 $176,621 $52,986 $123,635
2017 $3,666 $173,160 $51,948 $121,212
2016 $3,475 $169,764 $50,929 $118,835
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 485452

San Francisco Association of REALTORS®

APN: 009-0694-001-01

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