C
Seller's Agent in 2024
Chris Saiz
Compass
3607 Chestnut St Lafayette, CA 94549
Downtown Lafayette NeighborhoodEstimated Value: $1,697,000 - $1,893,538
6
Beds
3
Baths
2,542
Sq Ft
$708/Sq Ft
Est. Value
Highlights
- 1-Story Property
- Lafayette Elementary School Rated A
- 5-minute walk to Brook Street Park
About This Home
As of March 20243607 Chestnut Street in Lafayette, CA features (3) two-bedrooms/one-bath units situated on a 0.19 acre lot. Each unit has access to an individual washer and dryer with other amenities including (2) garages, a shared courtyard area and on site parking spaces. With an outstanding Walk Score of 90/100, residents are walking distance from Downtown Lafayette and the Lafayette BART station. The serene and tranquil surroundings of Chestnut Street make it an ideal place for wide range of residents to call home. With a thoughtful approach to property improvements, buyers and investors have the opportunity to gain untapped value through renovations, modernization and bringing rents closer to market value. Considering the highly constrained housing supply in the Bay Area, buyers and investors may consider improving rental income by adding an accessory dwelling unit (ADU, buyer to verify with the city). 3607 Chestnut Street's outstanding location, proximity to Downtown Lafayette and upside in value make it a one of kind opportunity for buyers and investors alike.
Last Agent to Sell the Property
Chris Saiz
Compass License #01850380 Listed on: 01/15/2024
Last Buyer's Agent
Chris Saiz
Compass License #01850380 Listed on: 01/15/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,489
Year Built
- 1946
Lot Details
- 8,398 Sq Ft Lot
Parking
- 2 Car Garage
Home Design
- Triplex
- Composition Roof
Interior Spaces
- 2,542 Sq Ft Home
- 1-Story Property
- Crawl Space
Utilities
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $106,440
Community Details
Overview
- 2,542 Sq Ft Building
Building Details
- 3 Leased Units
- Other Expense $15,099
- Operating Expense $39,681
- Gross Income $106,440
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 15, 2024
Closed on
Feb 20, 2024
Sold by
Shelly M Collins Revocable Trust
Bought by
Xu Wenbing and Liu Ting
Seller's Agent
Chris Saiz
Compass
Buyer's Agent
Chris Saiz
Compass
List Price
$1,950,000
Sold Price
$1,805,000
Premium/Discount to List
-$145,000
-7.44%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,115
Avg. Annual Appreciation
-0.19%
Original Mortgage
$1,083,000
Outstanding Balance
$1,068,295
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$731,591
Purchase Details
Closed on
Aug 6, 2020
Sold by
Collins Shelly M
Bought by
Collins Shelley M
Purchase Details
Closed on
Feb 20, 2020
Sold by
Collins Warren J
Bought by
Collins Warren J
Purchase Details
Closed on
Nov 30, 2018
Sold by
Collins Warren J
Bought by
Propert Collins Warren J
Purchase Details
Closed on
May 20, 2016
Sold by
Collins Shelly M
Bought by
Collins Shelly M
Purchase Details
Closed on
Jan 4, 2016
Sold by
Collins Warren J and Collins Shelly M
Bought by
Collins Warren J and Collins Shelly M
Purchase Details
Closed on
Mar 12, 2008
Sold by
Collins Warren J
Bought by
Collins Warren J and Collins Shelly M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 6, 2008
Sold by
Rochford Thomas W and Rochford Susan
Bought by
Collins Warren J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,000
Interest Rate
5.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 30, 2004
Sold by
Erdely Edward and Latesz Victoria E
Bought by
Rochford Thomas W and Rochford Susan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 23, 2004
Sold by
Erdely Edward
Bought by
Erdely Edward and Latesz Victoria E
Purchase Details
Closed on
Feb 4, 2004
Sold by
Erdely Edward
Bought by
Erdely Edward
Purchase Details
Closed on
Oct 20, 2003
Sold by
Edminson Helen
Bought by
Edminson Helen
Purchase Details
Closed on
Mar 26, 1998
Sold by
Mangini Louise M
Bought by
Edminson Helen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,450
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xu Wenbing | $1,805,000 | First American Title | |
| Collins Shelley M | -- | None Available | |
| Collins Warren J | -- | None Available | |
| Collins Shelly M | -- | None Available | |
| Propert Collins Warren J | -- | None Available | |
| Collins Shelly M | -- | None Available | |
| Collins Warren J | -- | None Available | |
| Collins Warren J | -- | First American Title Company | |
| Collins Warren J | $935,000 | First American Title Company | |
| Collins Warren J | -- | First American Title Company | |
| Rochford Thomas W | $850,000 | First American Title | |
| Erdely Edward | -- | -- | |
| Erdely Edward | -- | -- | |
| Edminson Helen | -- | -- | |
| Edminson Helen | $453,000 | First American Title Guarant |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xu Wenbing | $1,083,000 | |
| Previous Owner | Collins Warren J | $645,000 | |
| Previous Owner | Rochford Thomas W | $637,500 | |
| Previous Owner | Edminson Helen | $294,450 | |
| Closed | Rochford Thomas W | $127,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/11/2024 03/11/24 | Sold | $1,805,000 | -7.4% | $710 / Sq Ft |
| 01/28/2024 01/28/24 | Pending | -- | -- | -- |
| 01/15/2024 01/15/24 | For Sale | $1,950,000 | -- | $767 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $16,489 | $1,841,100 | $1,020,000 | $821,100 |
| 2024 | $16,174 | $1,204,046 | $837,039 | $367,007 |
| 2023 | $16,174 | $1,180,438 | $820,627 | $359,811 |
| 2022 | $16,049 | $1,157,293 | $804,537 | $352,756 |
| 2021 | $15,567 | $1,134,602 | $788,762 | $345,840 |
| 2019 | $14,817 | $1,080,000 | $760,000 | $320,000 |
| 2018 | $13,671 | $1,000,000 | $700,000 | $300,000 |
| 2017 | $13,052 | $950,000 | $650,000 | $300,000 |
| 2016 | $12,423 | $900,000 | $625,600 | $274,400 |
| 2015 | $11,728 | $855,000 | $594,300 | $260,700 |
| 2014 | $10,606 | $750,000 | $521,300 | $228,700 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLSListings
MLS Number: ML81951416
APN: 243-101-049-1
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