NOT LISTED FOR SALE

3044 Capp St Oakland, CA 94602

School Neighborhood

Estimated Value: $805,000 - $1,305,202

8 Beds
5 Baths
3,698 Sq Ft
$294/Sq Ft Est. Value

Sale Details

Date Sold: August 22, 2019

Last sale price $1,150,000 $311 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,933 / mo

9 Days on Market

Highlights

  • 2 Car Attached Garage
  • Washer and Dryer
  • 4-minute walk to Gwen Jackson Park
  • Coin Laundry

About This Home

As of August 2019

Fantastic well maintained 4-plex with 2 vacant units upstairs! Excellent upside potential for investors or house hack owner occupant. Property consists of (1) one unit of 3 Bd 1.5 Ba upstairs, will be delivered VACANT; (2) two units of 2 Bd 1 Ba, upstairs one is VACANT, downstairs one is occupied by stable tenants; and (1) one unit of 1 Bd 1 Ba in downstairs, occupied by tenants. All bright and spacious, lots of storage, attached 2 car garage plus 5 car parking space in front, separated utility room with extra coined laundry income, nice backyard with lush fruiting trees. NEW ROOF (2016), new water heater (2014), new fence (2016) and new electric sub panel installed (2019). Up & coming Oakland neighborhood with high walk score, minutes to Fruitvale BART/public transportation, close to Lake Merritt as well as Samuel Merritt University makes this property perfect for an owner/occupant, investor, or even first time home buyer!

Last Agent to Sell the Property

Wen Guo RE Group

KW Advisors License #70010161 Listed on: 07/19/2019

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Lot Details

  • 6,752

Parking

  • 2 Car Attached Garage

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 3,698 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Additional Features

  • 6,752 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $85,020

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 2 Leased Units
  • Insurance Expense $1,500
  • Utility Expense $4,000
  • Trash Expense $2,400
  • Operating Expense $17,600
  • Gross Income $86,020

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

6,752 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: n/a
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3698
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3698
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer

Exterior Features

  • Roof: Tar And Gravel

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 5
  • Garage Parking Features: Attached Garage, Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1550
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6750.00

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 11.26
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1500
  • Expenses Total: 17600
  • Expenses Utility: 4000
  • Expense Trash: 2400
  • Income Annual Gross: 86020.00
  • Income Annual Rental: 85020
  • Income Gross Scheduled: 86020
  • Income Includes: Laundry
  • Income Other: 1000
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2019
Closed on
Aug 12, 2019
Sold by
Chan Chee Lun and Chan Winnie W K
Bought by
Seller's Agent
Wen Guo RE Group
KW Advisors
List Price
$969,000
Sold Price
$1,150,000
Premium/Discount to List
$181,000
18.68%
Current Estimated Value
$1,173,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,093
Avg. Annual Appreciation
-0.82%
Original Mortgage
$1,036,500
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 19, 2004
Sold by
Chan Chee Lun and Chan Winnie W K
Bought by
Chan Chee Lun and Chan Winnie W K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.39%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in School, CA

  • Jill Penna Real Estate Agent - Christie's International Real Estate Sereno

    Jill Penna

    Responds Quickly

    Christie's International Real Estate Sereno

    (650) 540-1982

    32 Total Sales

    2 in School

    $850,000 Price Range

    Jill Penna
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  • Jatin Mehta Real Estate Agent - Kite Hill Real Estate

    Jatin Mehta

    Responds Quickly

    Kite Hill Real Estate

    (650) 410-2867

    64 Total Sales

    2 in School

    $1,625,000 Price Range

    Jatin Mehta
     Section Image
  • Junghee Schwartz Real Estate Agent - Exp Realty Of California

    Junghee Schwartz

    Exp Realty Of California

    (650) 870-9806

    70 Total Sales

    1 in School

    $210,000 Price

    Junghee Schwartz
     Section Image
  • Lia Turner Real Estate Agent - Radius Agent Realty

    Lia Turner

    Radius Agent Realty

    (510) 756-2168

    9 Total Sales

    2 in School

    $935,000 Price Range

    Lia Turner
     Section Image
  • Deidre Joyner Real Estate Agent - Red Oak Realty

    Deidre Joyner

    Red Oak Realty

    (510) 631-0648

    123 Total Sales

    2 in School

    $960,000 Price Range

    Deidre Joyner
     Section Image
  • Margaret Thomas Real Estate Agent - Golden Gate Sotheby's International Realty

    Margaret Thomas

    Golden Gate Sotheby's International Realty

    (973) 604-5147

    30 Total Sales

    2 in School

    $775,000 Price Range

    Margaret Thomas
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,150,000 First American Title
Chan Chee Lun $103,500 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $862,500
Closed Watts David A $1,036,500
Closed Watts David A $1,036,500
Previous Owner Chan Chee Lun $310,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/22/2019 08/22/19 Sold $1,150,000 +18.7% $311 / Sq Ft
07/29/2019 07/29/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $969,000 -- $262 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $29,514 $1,282,824 $384,847 $897,977
2025 $29,514 $1,257,674 $377,302 $880,372
2024 $23,021 $1,233,017 $369,905 $863,112
2023 $22,495 $1,208,844 $362,653 $846,191
2022 $22,393 $1,185,143 $355,543 $829,600
2021 $21,442 $1,161,913 $348,574 $813,339
2020 $19,206 $1,150,000 $345,000 $805,000
2019 $10,169 $590,611 $177,183 $413,428
2018 $9,950 $579,033 $173,710 $405,323
2017 $9,461 $567,680 $170,304 $397,376
2016 $9,162 $556,550 $166,965 $389,585
2015 $9,106 $548,190 $164,457 $383,733
2014 $9,429 $537,454 $161,236 $376,218
Source: Public Records

Agents Affiliated with this Home

  • Wen Guo RE Group Real Estate Agent - KW Advisors

    Seller's Agent in 2019

    Wen Guo RE Group

    KW Advisors

    (650) 817-5000

    350 Total Sales

    Wen Guo RE Group
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Map

Source: MLSListings

MLS Number: ML81761316

MLSListings

APN: 027-0857-020-00

California Alameda County Oakland 94602 School

3044 Capp St, Oakland, CA

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