NOT LISTED FOR SALE

Estimated Value: $1,932,000 - $2,599,275

4 Beds
4 Baths
2,448 Sq Ft
$937/Sq Ft Est. Value

Last Sold June 20, 2016

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

Est. 70% increase in value since last sale

Current estimated payment $15,256/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 Listed By

Mark Evans

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

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
Total Days on Market
231
Current Estimated Value
$2,293,819

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
$1,157,130
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,008,651

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
$1,157,130
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,008,651

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
5.44%
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

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

Similar Homes in the area

  • 6518 Raymond St, Oakland, CA 94609

    $1,688,000

    • 5 Beds
    • 3.5 Baths
    • 2,667 Sq Ft
    • 6518 Raymond St
    • Oakland, CA

    Classically newly rebuilt 1909 Craftsman style home with 2667 sqft of true luxury living. This Fairview property boosts 5 bedrooms w/primary suite at lower level. Tasteful 2 story having 3 bedrooms upstairs with a full bath & laundry hookups. Beautiful finishes abound with generous & very tasteful decorative LED lighting throughout. Easy flow downstairs having an open concept feel. Step-down to a

    Yankun Zhen Exp Realty Of California

    Section Image
  • 2006 Parker St, Berkeley, CA 94704

    $1,688,000

    • 5 Beds
    • 3 Baths
    • 2,204 Sq Ft
    • 2006 Parker St
    • Berkeley, CA

    5+ Bedrooms/3 Baths, One-Of-A-Kind Turn Key Golden Duplex (exempt from Berkeley rent control when one unit is Owner Occupied) in South Berkeley. Market rent is $4000+ for Unit 1 and $5500+ for Unit 2. Approx. 5% CAP. Property will be delivered VACANT. New driveway to park 3 cars. Close to Campus, BART, Berkeley Bowl, Shops and Restaurants on Shattuck. Total sqft may not include 3rd floor.

    Michael Shing Keller Williams Realty

    Section Image
  • 1729 Milvia St, Berkeley, CA 94709

    $2,095,000

    • 4 Beds
    • 3 Baths
    • 2,033 Sq Ft
    • 1729 Milvia St
    • Berkeley, CA

    Duplex Walking Distance to Campus with a detached Garage. This property offers a bottom unit with 2 beds and 1 bath, as well as a top unit with 2 beds and one bath. The property is zoned for a duplex and is metered separately. Both levels have exterior access, kitchen, separate water heater and in-unit laundry. With 2,033 sq ft of living space, this property is full of character, functionality,

    Russell Enyart eXp Realty of California, Inc

    Section Image
  • 1544 Spruce St, Berkeley, CA 94709

    $1,875,000

    • 3 Beds
    • 4 Baths
    • 2,201 Sq Ft
    • 1544 Spruce St
    • Berkeley, CA

    To access marketing package copy/paste: . Located at 1544 Spruce St, this property offers a versatile unit mix that includes a spacious 2-bedroom, 1-bath owner's unit, along with two well-appointed 1-bedroom, 1-bath units. This thoughtful configuration makes it ideal for both homeowners and investors seeking a prime Berkeley location. The units are thoughtfully renovated with modern finishes,

    Jatin Mehta Kite Hill Real Estate

    Section Image

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

See All Agents

Map

Source: MLSListings

MLS Number: ML81515614

MLSListings

APN: 052-1562-008-00