NOT LISTED FOR SALE

3589 Coolidge Ave Oakland, CA 94602

Dimond District Neighborhood

Estimated Value: $669,000 - $1,066,000

0.17 Acre
$4,859,679 Price per Acre
7,191 Sq Ft Lot

Last Sold January 25, 2022

Last sale price $790,000 $110 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,761/month

34 Days on Market

About This Lot

As of January 2022

This turn-key mini lot subdivision project is permitted and shovel ready to build 4 single family homes on their own lots. Building & grading permits are approved and ready - buyer can start immediate construction. The architectural design by Baran Studios is modern and contemporary, featuring unique floor plans with large windows and private decks that always impress buyers and sell at a premium. Approved plans for the 4 single-family homes total 6,880 sq. ft. of floor area, ranging from 1,578 to 1,870 sq. ft. per house. The 4 modern homes share a central courtyard with green terraces and landscaping that is sure to WOW buyers. The expected sale price for the four homes is over 3.8 million dollars. Location is in the hot Dimond District, close to retail, shops & parks including Farmer Joe's Market, La Farine Bakery, Southern Cafe, Dimond Park & William Wood Park. The property features a 79 walking score. Buyer to conduct its own diligence with City and utilities.

Last Agent to Sell the Property

Peter Suen

Suen, Peter License #01883693 Listed on: 08/13/2021

Last Buyer's Agent

Ronnie Escalante

eXp Realty of California, Inc License #02076107

eXp Realty of California, Inc

Property Details

Property Type

  • Land

Lot Details

  • 7,191 Sq Ft Lot
  • Wood Fence
  • Property is zoned RM-3, Multi-Residential,Single-Family

Parking

  • 4 Parking Spaces

Additional Features

  • Property is near public transit
  • Electricity Not Available

Listing and Financial Details

  • Assessor Parcel Number 29-989-13-3

Property Details

Property Type

Land

Lot Details

7,191 Sq Ft Lot

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Lot
  • Special Features: None

Exterior Features

  • Fencing: Wood
  • Road Surface Type: Paved
  • View: None
  • Development Status: Building Plans Filed, Final Map Filed, Improvement Plans Available, Site Plan Approved, Site Plan Filed, Surveyed, Tentative Map Approved, Tentative Map Filed, Topography Map Available
  • Road Frontage Type: City Street

Garage/Parking

  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 4.00

Utilities

  • Electric: Electric Not Available

Lot Info

  • Assessor Parcel Number: 29-989-13-3
  • Current Use: Vacant
  • Lot Features: Public Trans Nearby, Shape Regular, Subdivided
  • Lot Size Acres: 0.1651
  • Lot Size Sq Ft: 7191.00
  • Lot Size Units: SqFt
  • Price Per Acre: 4784978.80
  • Special Zones: Unknown
  • Zoning: RM-3
  • Number Of Lots: 1
  • Possible Use: Residential, Single Family, Subdivision
  • Zoning Description: Multi-Residential,Single-Family

MLS Schools

  • School District County: Alameda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2022
Sold by
Randhu Reyes
Bought by
3589 Coolidge Llc
Current Estimated Value
$802,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,895,000
Outstanding Balance
$2,763,082
Interest Rate
5.3%
Mortgage Type
Construction
Estimated Equity
-$1,960,749

Purchase Details

Listed on
Aug 13, 2021
Closed on
Dec 21, 2021
Sold by
Reyes Marbelia
Bought by
Reyes Randy
Seller's Agent
Peter Suen
Suen, Peter
Buyer's Agent
Ronnie Escalante
eXp Realty of California, Inc
List Price
$850,000
Sold Price
$790,000
Premium/Discount to List
-$60,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.37%
Original Mortgage
$395,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2021
Closed on
Dec 1, 2021
Sold by
Blue Stone Llc
Bought by
Reyes Randy
Seller's Agent
Peter Suen
Suen, Peter
Buyer's Agent
Ronnie Escalante
eXp Realty of California, Inc
List Price
$850,000
Sold Price
$790,000
Premium/Discount to List
-$60,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2019
Sold by
Nunez Robert
Bought by
Blue Stone Llc

Purchase Details

Closed on
Jun 22, 2016
Sold by
Jade Crystal Llc
Bought by
Nunez Robert

Purchase Details

Closed on
Nov 13, 2008
Sold by
Lau Evan Kong and Shi Jing
Bought by
Jade Crystal Llc

Purchase Details

Closed on
Apr 29, 2008
Sold by
Lauti Maka
Bought by
Evan Kong Lau & Jing Shi Revocable Trust

Purchase Details

Closed on
May 18, 1998
Sold by
Lee and Mindy
Bought by
Lauti Maka and Lauti Tautalamusa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
10.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
3589 Coolidge Llc $145,000 Old Republic Title
Reyes Randy -- Chicago Title
Reyes Randy -- Chicago Title
Reyes Randy $790,000 Chicago Title
Blue Stone Llc $458,000 Chicago Title Company
Nunez Robert $310,000 Chicago Title Company
Jade Crystal Llc -- None Available
Evan Kong Lau & Jing Shi Revocable Trust $54,100 None Available
Lauti Maka $220,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3589 Coolidge Llc $2,895,000
Previous Owner Reyes Randy $395,000
Previous Owner Reyes Randy $395,000
Previous Owner Lauti Maka $198,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2022 01/25/22 Sold $790,000 -7.1% $110 / Sq Ft
09/16/2021 09/16/21 For Sale $850,000 0.0% $118 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $850,000 -- $118 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $17,676 $821,916 $821,916 --
2024 $17,676 $805,800 $805,800 --
2023 $18,324 $790,000 $790,000 $0
2022 $7,996 $481,435 $481,435 $0
2021 $7,607 $471,996 $471,996 $0
2020 $7,526 $467,160 $467,160 $0
2019 $5,453 $328,972 $328,972 $0
2018 $5,345 $322,524 $322,524 $0
2017 $5,119 $316,200 $316,200 $0
2016 $1,527 $60,026 $60,026 $0
2015 $1,517 $59,125 $59,125 $0
2014 $1,420 $57,967 $57,967 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Peter Suen

    Suen, Peter

    (415) 513-6110

    1 in this area

    3 Total Sales

    Peter Suen
    Section Image

  • R

    Buyer's Agent in 2022

    Ronnie Escalante

    eXp Realty of California, Inc

    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421584447

San Francisco Association of REALTORS®

APN: 029-0989-013-03

California Alameda County Oakland 94602 Dimond District

3589 Coolidge Ave, Oakland, CA

Not Listed for Sale

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