NOT LISTED FOR SALE

Estimated Value: $691,760 - $937,000

6 Beds
10 Baths
3,039 Sq Ft
$267/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $415,000 $137 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $5,018/month

119 Days on Market

About This Home

As of October 2014

Great investment opportunity. 4 unit building in great Richmond location right across the street from target on McDonald. Very easy to rent current units are under market rent.

Last Agent to Sell the Property

Ryan Burk

Inactive Office License #01232418 Listed on: 06/05/2014

Inactive Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,492

Home Design

  • Quadruplex
  • Pillar, Post or Pier Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 6 Bedrooms
  • 3,039 Sq Ft Home
  • Fireplace

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace

Community Details

  • 4 Units
  • Gross Income $47,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions To Property: 580 east to Mcdonald. Take Mcdonald to 43rd st. and go right
  • CapRate: 6.50
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Other
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Free Standing Refrigerator, OVFR
  • Price Per Square Foot: 136.56
  • Square Footage: 3039
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Fireplace(s), Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups

Building Info

  • Year Built: 1920

Multi Family

  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2014
Closed on
Sep 24, 2014
Sold by
Joseph Donald and Mello Mariana
Bought by
Ma Wei Zhong and Ma Wan Lan
Seller's Agent
Ryan Burk
Inactive Office
List Price
$415,000
Sold Price
$415,000
Current Estimated Value
$770,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,813
Avg. Annual Appreciation
6.14%
Original Mortgage
$311,000
Outstanding Balance
$237,474
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$574,466

Purchase Details

Closed on
Dec 1, 2008
Sold by
U S Bank National Association
Bought by
Joseph Donald and Mello Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2008
Sold by
Hill Gregory and Hill Tonya
Bought by
U S Bank Na

Purchase Details

Closed on
Apr 25, 2006
Sold by
Hill Tonya and Hill Gregory
Bought by
Hill Gregory and Hill Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$548,250
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 26, 2001
Sold by
David Domantas
Bought by
Hill Gregory and Hill Tonya

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
9.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2000
Sold by
Shan Choi Jor and Shan Yealiang
Bought by
Domantas David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,200
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 1996
Sold by
Choi Jorshan and Choi Yealiang
Bought by
Choi Jor Shan and Choi Yealiang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
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
Ma Wei Zhong $415,000 Old Republic Title Company
Joseph Donald $270,000 First American Title Company
U S Bank Na $582,500 Landsafe Title
Hill Gregory -- Multiple
Hill Gregory $450,000 Fidelity National Title Co
Domantas David $221,500 North American Title Co
Choi Jor Shan -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Wei Zhong $311,000
Previous Owner Joseph Donald $202,500
Previous Owner Hill Gregory $548,250
Previous Owner Hill Gregory $350,000
Previous Owner Domantas David $177,200
Previous Owner Choi Jor Shan $155,000
Closed Domantas David $22,100
Closed Hill Gregory $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2014 10/03/14 Sold $415,000 0.0% $137 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
06/05/2014 06/05/14 For Sale $415,000 -- $137 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $11,895 $498,759 $270,412 $228,347
2024 $11,347 $488,980 $265,110 $223,870
2023 $11,347 $479,393 $259,912 $219,481
2022 $11,036 $469,994 $254,816 $215,178
2021 $10,809 $460,779 $249,820 $210,959
2019 $10,104 $447,113 $242,411 $204,702
2018 $9,717 $438,347 $237,658 $200,689
2017 $9,439 $429,753 $232,999 $196,754
2016 $9,246 $421,328 $228,431 $192,897
2015 $9,115 $415,000 $225,000 $190,000
2014 $7,190 $283,629 $87,189 $196,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21412962

Bay Area Real Estate Information Services (BAREIS)

APN: 517-231-015-2