NOT LISTED FOR SALE

Estimated Value: $348,482 - $772,000

1 Bed
3 Baths
1,908 Sq Ft
$297/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $450,000 $236 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,879/month

20 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Tandem Parking
  • Security Gate
  • 1-minute walk to Gwen Jackson Park

About This Home

As of May 2022

Located in Oakland’s Laurel District—just minutes from Alameda, Downtown Oakland, and Joaquin Miller Park—is 3114 Nicol Avenue. This 3 unit (1, 1BR/1BA + Office | 2, Studio) multifamily isn’t turnkey—it will require exterior work—but at $350,000, it’s being offered at a price that’s impossible to beat. All units are occupied, and current monthly cash flow is just shy of $3,200—about $2,000 lower than what it will be if updated to market rates. Additionally, a large rear yard could serve as ample space for an ADU at some point in the future. The property also comes with a two-car, tandem driveway. From an everyday living standpoint, nothing is too far away. Essential retail from Safeway to CVS is just five minutes away by car, as are other important offerings such as banks (Wells Fargo, Chase, Bank of America), dining (Peet’s Coffee, La Farine, Grand Lake Kitchen, etc.), and healthcare (Highland Hospital).

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 03/09/2022

Keller Williams Realty

Last Buyer's Agent

Joey Wang

Keller Williams Realty License #01890931 Listed on: 03/09/2022

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,999

Year Built

  • Built in 1904

Lot Details

  • 4,062 Sq Ft Lot
  • Back and Front Yard Fenced

Home Design

  • Triplex
  • Wood Siding

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Tandem Parking
  • Parking Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 1,908 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 2786136

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,999

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Year Built: 1904
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Directions: West on Coolidge, left on Nicol
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile, Vinyl, Carpet
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater
  • Total Bedrooms: 1

Exterior Features

  • Fencing: Back Yard, Front Yard
  • Lot Features: Back Yard, Front Yard, Security Gate
  • Construction Type: Wood Siding
  • Exterior Features: Back Yard, Front Yard, Entry Gate

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, Tandem, Uncovered Park Spaces 2+
  • Total Parking Spaces: 2

Utilities

  • Heating: Wall Furnace
  • Utilities: Master Electric Meter, Master Gas Meter
  • Cooling: Wall/Window Unit(s)
  • Laundry Features: Common Area, Dryer, Washer
  • Security: Secured Access, Security Fence, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4062
  • Parcel Number: 2786136
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2015
Sold by
Rodgers Burt
Bought by
Rodgers Burton and The Burton Rodgers Living Trus
Current Estimated Value
$566,621

Purchase Details

Closed on
Sep 19, 1994
Sold by
Velt C Henry
Bought by
Rodgers Burt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.65%

Purchase Details

Closed on
Sep 15, 1994
Sold by
Rodgers Burt
Bought by
Rodgers Burt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.65%

Purchase Details

Closed on
Aug 1, 1994
Sold by
Rodgers Burt
Bought by
Rodgers Burt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.65%
Source: Public Records

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

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
Rodgers Burton -- None Available
Rodgers Burt -- First American Title Guarant
Rodgers Burt -- First American Title Guarant
Rodgers Burt -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luong Sam $435,000
Previous Owner Rodgers Burt $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $450,000 -- --
05/06/2022 05/06/22 Sold $450,000 +28.6% $236 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $350,000 -- $183 / Sq Ft
Source: bridgeMLS

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 $8,999 $468,180 $140,454 $327,726
2023 $9,300 $459,000 $137,700 $321,300
2022 $3,735 $76,655 $59,123 $17,532
2021 $3,201 $75,152 $57,964 $17,188
2020 $3,089 $69,382 $57,370 $12,012
2019 $2,733 $68,022 $56,245 $11,777
2018 $2,678 $66,688 $55,142 $11,546
2017 $2,474 $65,380 $54,061 $11,319
2016 $2,305 $64,099 $53,002 $11,097
2015 $2,285 $63,136 $52,205 $10,931
2014 $2,363 $61,900 $51,183 $10,717
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: bridgeMLS

MLS Number: 40984016

bridgeMLS

APN: 027-0861-036-00