NOT LISTED FOR SALE

Estimated Value: $973,000 - $1,334,000

5 Beds
4 Baths
3,409 Sq Ft
$337/Sq Ft Est. Value

Last Sold July 03, 2020

Last sale price $1,007,000 $295 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,449/month

16 Days on Market

Highlights

  • No HOA
  • Coin Laundry
  • Wall Furnace
  • Cooling Available
  • Wood Siding

About This Home

As of July 2020

Great investment opportunity or live here and collect the rent from other units! One bedroom unit is currently vacant, new bathroom and staged. updated bath. Ready for next owner! Great cash flow from day one, with tremendous upside with tenant turnover. An all cash buyer will earn over 6.5% return on investment, and 8.75 at market rents! We will be scheduling appointments to view the vacant unit. Call or email listing agent, John Caronna to schedule. We will be doing appointments at 30 minute intervals on next Tuesday (5.26.20) Offers , if any, Due Wednesday, May 27th at 5pm, PST

Last Agent to Sell the Property

John Caronna

Nai Northern California License #01898437 Listed on: 05/12/2020

Nai Northern California

Co-Listed By

Grant Chappell

Nai Northern California License #01700439

Last Buyer's Agent

Arjun Ayyar

Real Estate Experts License #02059528

Real Estate Experts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1898

Lot Details

  • 6,250

Home Design

  • Quadruplex
  • Wood Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Wall Furnace

Additional Features

  • Linoleum Flooring
  • 6,250 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 2238620

Community Details

Overview

  • No Home Owners Association
  • Bella Vista Hill Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1898

Lot Details

0

Listing Details

  • Year Built: 1898
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Subdivision Name: Bella Vista Hill
  • Directions: Park Blvd to E. 32nd
  • Garage Yn: No
  • Efficiency: None
  • remarks11: This classic Victorian 4 plex is 1/2 block from Highland Hospital. Vacant 1 bedroom unit is perfect for owner/occupy or get market rent. At current rents, this is at a 6.5% CAP rate, at just over 11 times Gross Rent Multiplier. Vacant unit has updated bathroom and is staged. It would be a perfect rental for Highland Hospital employees. Literally 1/2 block to their work. CAP rate at market rents is 8.75%. Preescrow opened with Julie Massey, ORTC. Offers, if any, Due Wednesday, May 27th, 5pm, PST
  • remarks22: JOHN CARONNA - 415-531-5225 - Great investment opportunity or live here and collect the rent from other units!One bedroom unit is currently vacant, new bathroom and staged. updated bath. Ready for next owner! Great cash flow from day one, with tremendous upside with tenant turnover. An all cash buyer will earn over 6.5% return on investment, and 8.75 at market rents!We will be scheduling appointments to view the vacant unit.Call or email listing agent, John Caronna to schedule. We will be doing appointments at 30 minute intervals on next Tuesday (5.26.20)Offers , if any, Due Wednesday, May 27th at 5pm, PST
  • Special Features: None

Interior Features

  • Flooring: Linoleum
  • Appliances: Dryer, Washer
  • Total Bedrooms: 5
  • Fireplace: No

Exterior Features

  • Lot Features: Level
  • View: Other
  • Construction Type: Wood Siding

Utilities

  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Oakland (510) 879-8111

Lot Info

  • Lot Size Sq Ft: 6250
  • Parcel Number: 2238620

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 30, 2020
Sold by
Jain Mansi
Bought by
Jain Jinesh
Seller's Agent
John Caronna
Nai Northern California
Buyer's Agent
Arjun Ayyar
Real Estate Experts
List Price
$995,000
Sold Price
$1,007,000
Premium/Discount to List
$12,000
1.21%
Current Estimated Value
$1,149,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,011
Avg. Annual Appreciation
2.42%
Original Mortgage
$755,250
Outstanding Balance
$670,948
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$478,063

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 24, 2020
Sold by
Gurumoorthi Vidhya
Bought by
Krishnan Manoj Kumar
Seller's Agent
John Caronna
Nai Northern California
Buyer's Agent
Arjun Ayyar
Real Estate Experts
List Price
$995,000
Sold Price
$1,007,000
Premium/Discount to List
$12,000
1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,250
Outstanding Balance
$670,948
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$478,063

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 19, 2020
Sold by
Vasey Michelle M and 2018 Michelle M Vasey Trust
Bought by
Krishnan Manoj Kumar and Jain Jinesh
Seller's Agent
John Caronna
Nai Northern California
Buyer's Agent
Arjun Ayyar
Real Estate Experts
List Price
$995,000
Sold Price
$1,007,000
Premium/Discount to List
$12,000
1.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,250
Outstanding Balance
$670,948
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$478,063

Purchase Details

Closed on
Sep 21, 2018
Sold by
Vasey Michelle M
Bought by
Vasey Michelle M and Michelle M Vasey Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2018
Sold by
Faulkner Brandy and Rensch Marlon H
Bought by
Vasey Michelle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2007
Sold by
Cardoso Augusto
Bought by
Rensch Marlon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$613,155
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2006
Sold by
Fountain Lynn and Burns Beverly A
Bought by
Cardoso Augusto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2006
Sold by
Cardoso Kimberly
Bought by
Cardoso Augusto C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2002
Sold by
Aurichio Linda and The Linda Aurichio Revocable T
Bought by
Fountain Lynn and Burns Beverly A

Purchase Details

Closed on
Nov 22, 1999
Sold by
Fountain Lynn
Bought by
Fountain Lynn and The Lynn Fountain Living Trust

Purchase Details

Closed on
Oct 20, 1999
Sold by
Ferreirae Ronald P and Ferreirae Kerry D
Bought by
Aurichio Linda and Linda Aurichio Revocable Trust
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
Jain Jinesh -- Old Republic Title Company
Krishnan Manoj Kumar -- Old Republic Title Company
Krishnan Manoj Kumar $1,007,000 Old Republic Title Company
Vasey Michelle M -- None Available
Vasey Michelle M $800,000 Old Republic Title Company
Rensch Marlon H -- Fidelity National Title Co
Cardoso Augusto $630,000 Old Republic Title Company
Cardoso Augusto C -- Old Republic Title Company
Fountain Lynn -- --
Fountain Lynn -- --
Aurichio Linda $238,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Jinesh $755,250
Previous Owner Vasey Michelle M $600,000
Previous Owner Rensch Marlon H $613,155
Previous Owner Cardoso Augusto C $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Off Market $1,007,000 -- --
02/04/2025 02/04/25 Off Market $1,007,000 -- --
07/03/2020 07/03/20 Sold $1,007,000 +1.2% $295 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $995,000 -- $292 / 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
2025 $17,362 $1,089,996 $326,999 $762,997
2024 $17,362 $1,068,627 $320,588 $748,039
2023 $18,140 $1,047,681 $314,304 $733,377
2022 $17,478 $1,027,140 $308,142 $718,998
2021 $16,488 $1,007,000 $302,100 $704,900
2020 $13,939 $816,000 $244,800 $571,200
2019 $13,111 $800,000 $240,000 $560,000
2018 $11,341 $675,305 $202,591 $472,714
2017 $10,809 $662,067 $198,620 $463,447
2016 $10,487 $649,086 $194,726 $454,360
2015 $9,343 $560,000 $170,000 $390,000
2014 $9,618 $545,000 $163,500 $381,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40904470

bridgeMLS

APN: 022-0386-020-00