NOT LISTED FOR SALE

Estimated Value: $1,866,000 - $2,594,000

4 Beds
4 Baths
2,448 Sq Ft
$920/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $1,350,000 $551 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $14,922/month

231 Days on Market

Highlights

  • Wood Flooring
  • Garden View
  • Coin Laundry
  • Emerson Elementary School Rated A
  • Double Pane Windows
  • 5-minute walk to Bateman Park

About This Home

As of June 2016

Elmwood neighborhood, 1 block from shops and restaurants. Charm and Cozy best describe this adorable property and it is in one of the best locations in the bay area. Could be added to for increased income. Lovely home. Floors in unit 1 are contracted for refinish. Fresh paint abounds.

Last Agent to Sell the Property

Mark Evans

Fireside Realty License #01129872 Listed on: 09/21/2015

Last Buyer's Agent

Kenneth Gendemann

Compass License #01884446

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,736

Year Built

  • 1907

Lot Details

  • 4,792

Parking

  • 2 Car Garage
  • Off-Site Parking

Home Design

  • Composition Roof

Interior Spaces

  • 2,448 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Wood Flooring
  • Garden Views

Additional Features

  • 4,792 Sq Ft Lot
  • Space Heater

Listing and Financial Details

  • Total Actual Rent $81,060

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $2,400
  • Insurance Expense $1,800
  • Maintenance Expense $500
  • Manager Expense $2,500
  • Utility Expense $2,000
  • Trash Expense $1,200
  • Operating Expense $16,163
  • Gross Income $81,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,736

Year Built

1907

Lot Details

0

Parking

2

Listing Details

  • Zoning: r4
  • Subclass: Multiple Dwellings / Structures
  • Age: 108
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2448
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1907

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 2448
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Hardwood
  • Additional Rooms: Storage

Exterior Features

  • Roof: Composition
  • View: Garden / Greenbelt

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Off-Site Parking

Utilities

  • Heating System: Space Heater
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Berkeley Unified

Lot Info

  • Lot Acres: 0.1100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4800.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4800.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.86
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1800
  • Expense Landscape: 2400
  • Expense Maintenance: 500
  • Expense Management: 2500
  • Expenses Total: 16163
  • Expenses Utility: 2000
  • Expense Trash: 1200
  • Income Annual Gross: 81060.00
  • Income Annual Rental: 81060
  • Income Gross Scheduled: 81060
  • Income Includes: Coin Operated Equip
  • Meters: Master Gas, Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Gas
  • Tenant Expenses: Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2019
Sold by
Larralde Benjamin
Bought by
Sequoia East Llc
Current Estimated Value
$2,253,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Outstanding Balance
$1,151,670
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,142,149

Purchase Details

Closed on
May 9, 2019
Sold by
Mccarrick Robert E
Bought by
Larralde Benjamin and Hofacker Whitney Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,330,000
Outstanding Balance
$1,151,670
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,142,149

Purchase Details

Listed on
Sep 21, 2015
Closed on
Jun 9, 2016
Sold by
Olson Dan and Zickerman Lynne
Bought by
Mccarrick Robert E
Seller's Agent
Mark Evans
Fireside Realty
Buyer's Agent
Kenneth Gendemann
Compass
List Price
$1,448,000
Sold Price
$1,350,000
Premium/Discount to List
-$98,000
-6.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%
Original Mortgage
$1,012,500
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2007
Sold by
Zickerman Sylvia Lynne
Bought by
Olson Dan and Zickerman Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2006
Sold by
Zickerman Sylvia Lynne
Bought by
Olson Dan and Zickerman Lynne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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
Sequoia East Llc -- None Available
Larralde Benjamin -- None Available
Larralde Benjamin $1,900,000 Fidelity National Title Co
Mccarrick Robert E $1,350,000 Chicago Title Company
Olson Dan -- Alliance Title Company
Zickerman Sylvia Lynne -- Alliance Title Company
Olson Dan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larralde Benjamin $1,330,000
Previous Owner Mccarrick Robert E $1,012,500
Previous Owner Olson Dan $173,000
Previous Owner Olson Dan $175,001
Previous Owner Olson Dan $106,000
Previous Owner Zickerman Sylvia Lynne $180,000
Previous Owner Zickerman Sylvia Lynne $50,000
Previous Owner Zickerman Sylvia Lynne $258,000
Previous Owner Zickerman Sylvia Lynn $35,000
Previous Owner Zickerman Sylvia Lynne $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $1,350,000 -6.8% $551 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
09/21/2015 09/21/15 For Sale $1,448,000 -- $592 / 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
2024 $29,736 $2,077,897 $656,178 $1,421,719
2023 $29,153 $2,037,161 $643,314 $1,393,847
2022 $28,701 $1,997,223 $630,702 $1,366,521
2021 $28,814 $1,958,064 $618,336 $1,339,728
2020 $27,428 $1,938,000 $612,000 $1,326,000
2019 $20,831 $1,432,620 $429,786 $1,002,834
2018 $20,501 $1,404,540 $421,362 $983,178
2017 $19,802 $1,377,000 $413,100 $963,900
2016 $5,694 $245,367 $199,783 $45,584
2015 $5,597 $241,682 $196,783 $44,899
2014 $5,763 $236,949 $192,929 $44,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81515614

MLSListings

APN: 052-1562-008-00