NOT LISTED FOR SALE

Estimated Value: $1,045,691 - $1,274,000

7 Beds
4 Baths
2,971 Sq Ft
$376/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $1,228,000 $413 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $7,549/month

125 Days on Market

Highlights

  • Engineered Wood Flooring
  • No HOA
  • Double Pane Windows
  • Corner Lot
  • Fenced Yard
  • 1-minute walk to Allendale Recreation Center

About This Home

As of November 2021

Back On Market! Vacant Triplex - Owner-Occupiers can own and live for almost nothing! Select your favorite unit and rent out the remaining two units! We are pleased to offer for sale this three (3) unit multi-family investment opportunity. Each residence has parking and access to the backyard. The building has been lovingly updated and includes new dual paned windows, new roof, refreshed units and a large four car garage. It is comprised of a desirable unit mix, consisting of (2) 2+1 units and (1) large 3+2 unit. 3316 Viola is located in a quiet, low traffic Oakland neighborhood and just minutes away from freeways and MacArthur Blvd's retail, restaurants and groceries everything you need is right up the street with easy access. This investment presents an excellent opportunity for an investor to capitalize on a populated area that continues to experience rapid growth!

Last Agent to Sell the Property

Mark Chow

Compass License #01347820 Listed on: 07/05/2021

Last Buyer's Agent

Non Member Sales

Non Multiple Participant

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,112

Year Built

  • Built in 1965 | Remodeled

Lot Details

  • 4,716 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Sprinkler System

Parking

  • 4 Car Garage

Home Design

  • Triplex
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 2,971 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Free-Standing Electric Oven
  • Self-Cleaning Oven
  • Free-Standing Electric Range
  • Microwave
  • Free-Standing Freezer
  • Disposal

Flooring

  • Engineered Wood
  • Carpet
  • Laminate
  • Tile

Home Security

  • Video Cameras
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Utilities

  • Central Heating
  • Separate Meters
  • 220 Volts
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 32-2030-173

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Coin Laundry
  • 3 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,112

Year Built

Built in 1965 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments
  • Property Condition: Updated/Remodeled
  • Accessibility Features: None
  • Levels: Two
  • Stories: 2
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Number Of Rooms: 13
  • Appliances: Disposal, Free Standing Electric Oven, Free Standing Electric Range, Free Standing Freezer, Free Standing Refrigerator, Microwave, Self/Cont Clean Oven, Varies By Unit
  • Flooring: Carpet, Laminate, Simulated Wood, Tile, Varies By Unit
  • Laundry Features: Coin Operated, In Common Area
  • Price Per Square Foot: 413.33
  • Square Footage: 2971
  • Window Features: Dual Pane Full

Exterior Features

  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Concrete
  • Patio And Porch Features: Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage
  • Total Parking Spaces: 4

Utilities

  • Cooling: Other
  • Electric: 220 Volts
  • Heating: Central, Electric
  • Security Features: Double Strapped Water Heater, Smoke Detector, Video System
  • Sewer: Public Sewer
  • Utilities: All Electric, Cable Available, DSL Available, Internet Available
  • Water Source: Water District

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 32-2030-173
  • Irrigation: Irrigation Connected
  • Lot Features: Auto Sprinkler F&R, Corner
  • Lot Size Acres: 0.1083
  • Lot Size Sq Ft: 4716
  • Lot Size Units: SqFt
  • Price Per Acre: 11338873.50

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Units Furnished: None

Building Info

  • Number of Units Total: 3

Multi Family

  • Number Of Units Vacant: 3
  • Gross Rent Multiplier: 13.12
  • Number of 2 Bedroom Units: 2
  • Number of 3 Bedroom Units: 1
  • Separate Meters: Electricity, Gas, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2021
Closed on
Nov 15, 2021
Sold by
Ho Kwun Kit
Bought by
Moton David S
Seller's Agent
Mark Chow
Compass
Buyer's Agent
Non Member Sales
Non Multiple Participant
List Price
$1,250,000
Sold Price
$1,228,000
Premium/Discount to List
-$22,000
-1.76%
Current Estimated Value
$1,117,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$110,077
Avg. Annual Appreciation
0.23%
Original Mortgage
$1,205,757
Outstanding Balance
$1,109,499
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$129,349

Purchase Details

Closed on
Jul 12, 2017
Sold by
Hultman Diane Soohoo and Soohoo Daniel
Bought by
Ho Kwun Kit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 15, 2016
Sold by
Soohoo Daniel
Bought by
Soohoo Daniel and Daniel Soohoo Trust
Source: Public Records

Range of Values:

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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
Moton David S $1,228,000 Chicago Title Company
Ho Kwun Kit $760,000 First American Title Company
Soohoo Daniel -- None Available
Hultman Diane Soohoo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moton David S $1,205,757
Previous Owner Ho Kwun Kit $716,250
Previous Owner Ram Karnail $728,000
Previous Owner Ho Kwun Kit $722,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2022 01/01/22 Off Market $1,228,000 -- --
11/23/2021 11/23/21 Sold $1,228,000 -1.8% $413 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
10/15/2021 10/15/21 Price Changed $1,250,000 0.0% $421 / Sq Ft
10/15/2021 10/15/21 For Sale $1,250,000 -2.0% $421 / Sq Ft
09/18/2021 09/18/21 Price Changed $1,275,000 -4.0% $429 / Sq Ft
09/10/2021 09/10/21 Price Changed $1,328,000 +7.3% $447 / Sq Ft
09/09/2021 09/09/21 Price Changed $1,238,000 0.0% $417 / Sq Ft
09/09/2021 09/09/21 For Sale $1,238,000 -1.0% $417 / Sq Ft
07/09/2021 07/09/21 Pending -- -- --
07/05/2021 07/05/21 For Sale $1,250,000 -- $421 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $19,112 $1,296,153 $390,946 $912,207
2024 $19,112 $1,270,610 $383,283 $894,327
2023 $20,093 $1,252,560 $375,768 $876,792
2022 $19,494 $1,221,000 $368,400 $859,600
2021 $13,050 $791,888 $239,666 $559,222
2020 $12,901 $790,703 $237,211 $553,492
2019 $12,317 $775,200 $232,560 $542,640
2018 $12,057 $760,000 $228,000 $532,000
2017 $2,986 $103,304 $38,448 $64,856
2016 $2,807 $101,279 $37,695 $63,584
2015 $2,785 $99,757 $37,128 $62,629
2014 $2,879 $97,803 $36,401 $61,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 421570378

San Francisco Association of REALTORS® MLS

APN: 032-2030-173-00