NOT LISTED FOR SALE

371 Somerset Rd Piedmont, CA 94611

Montclair Neighborhood

Estimated Value: $1,522,000 - $1,767,000

8 Beds
4 Baths
3,632 Sq Ft
$451/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $1,850,000 $509 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $11,168/month

8 Days on Market

Highlights

  • Updated Kitchen
  • No HOA
  • Fireplace
  • Montclair Elementary School Rated A-
  • Cul-De-Sac
  • Side by Side Parking

About This Home

As of September 2021

Whether for investor or owner-occupant, this 4-unit residence in a sylvan setting reflects genuine pride of ownership and presents an opportunity in a magnificent location, the Piedmont side of Montclair. With easy access to freeways, Montclair Village, and nearby trails for hiking, the location is both central and private. The configuration of the building allows for a sense of privacy among residents. Three of the units are two-story dwellings, each with a cozy front patio entrance. They feature an open living-dining area, in-unit laundry avail, kitchen on main flr, two bedrms and one full bath on the upper level, The fourth unit is single level, potentially an owner’s unit as its architectural features include a fireplace, a kitchen that opens to the dining area, with sliding doors that allow sun to filter in and opening to a spacious deck with expansive green views & self contained laundry room. Garage parking avail.

Last Agent to Sell the Property

Helene Barkin

The Agency License #01032351 Listed on: 08/04/2021

Last Buyer's Agent

Lori Sallander

Compass License #01829872

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,193

Year Built

  • Built in 1963

Lot Details

  • 7,114 Sq Ft Lot
  • Cul-De-Sac
  • Rectangular Lot
  • Lot Sloped Down

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Interior Spaces

  • Fireplace
  • Fire and Smoke Detector
  • Updated Kitchen

Flooring

  • Partially Carpeted
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • 220 Volts In Laundry
  • Washer and Dryer Hookup

Parking

  • Garage
  • Side by Side Parking
  • Garage Door Opener
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3,632 Sq Ft Building
  • Bridge Aor Association
  • Montclair Subdivision

Listing and Financial Details

  • Assessor Parcel Number 048C720000145

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,193

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Year Built: 1963
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.16
  • Subdivision Name: MONTCLAIR
  • Directions: Park Blvd, R on Estates Drive , Right on Somerset
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Partial Carpeting, Tile, Carpet
  • Basement: None
  • Appliances: Gas Water Heater
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Interior Amenities: Updated Baths, Updated Kitchen

Exterior Features

  • Lot Features: Cul-De-Sac, Sloped Down, Regular
  • Construction Type: Stucco, Frame

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Door Opener, Enclosed, Garage, See Remarks, Side By Side, Street Parking

Utilities

  • Heating: Floor Furnace, Forced Air, Natural Gas, Wall Furnace
  • Cooling: Ceiling Fan(s), No Air Conditioning
  • Laundry Features: 220 Volt Outlet, Gas Dryer Hookup, In Basement, In Unit, Washer/Dryer Hookups
  • Security: Double Strapped Water Heater, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Schools

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

Lot Info

  • Zoning: Quad
  • Lot Size Sq Ft: 7114
  • Parcel Number: 048C720000145
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2022
Sold by
Kumaraswamy & Lakshmi Trust
Bought by
Piedmont Property Ventures Llc
Current Estimated Value
$1,661,636

Purchase Details

Listed on
Aug 4, 2021
Closed on
Aug 23, 2021
Sold by
Engle Robert G and Engle Julia Eve
Bought by
Selvaraj Kumaraswamy and Boopalan Lakshmi
Seller's Agent
Helene Barkin
The Agency
Buyer's Agent
Lori Sallander
Compass
List Price
$1,650,000
Sold Price
$1,850,000
Premium/Discount to List
$200,000
12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.86%
Original Mortgage
$1,387,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2021
Sold by
Engle Robert G and Tomczek Julia Eve
Bought by
Engle Robert G and Tomczek Julia Eve

Purchase Details

Closed on
Jun 6, 2005
Sold by
Engle Ingrid E and Robert S Engle Revocable Trust
Bought by
Engle Robert G and Engle Julia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 11, 2003
Sold by
Engle Robert S
Bought by
Engle Robert S and The Robert S Engle Revocable T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2002
Sold by
Engle Robert S
Bought by
Engle Robert S and Robert S Engle Revocable Trust

Purchase Details

Closed on
Oct 16, 1996
Sold by
Engle Ingrid E
Bought by
Engle Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,200
Interest Rate
7.91%
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
Piedmont Property Ventures Llc -- --
Kumaraswamy And Lakshmi Trust -- --
Selvaraj Kumaraswamy $1,850,000 Chicago Title Company
Engle Robert G -- Chicago Title Company
Tomczek Julia Eve Engle -- Chicago Title Company
Engle Robert G -- --
Engle Robert S -- Placer Title Company
Engle Robert S -- Placer Title Company
Engle Robert S -- Placer Title Company
Engle Robert S -- --
Engle Robert S -- --
Engle Robert S $379,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Selvaraj Kumaraswamy $1,387,500
Previous Owner Engle Robert G $300,000
Previous Owner Engle Robert S $300,000
Previous Owner Engle Robert S $298,000
Previous Owner Engle Robert S $100,000
Previous Owner Engle Robert S $303,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,850,000 -- --
09/15/2021 09/15/21 Sold $1,850,000 +12.1% $509 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $1,650,000 -- $454 / 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 $28,193 $1,963,220 $588,966 $1,374,254
2024 $28,193 $1,924,740 $577,422 $1,347,318
2023 $29,698 $1,887,000 $566,100 $1,320,900
2022 $28,851 $1,850,000 $555,000 $1,295,000
2021 $10,431 $563,235 $171,070 $399,165
2020 $10,304 $564,391 $169,317 $395,074
2019 $9,680 $553,328 $165,998 $387,330
2018 $9,472 $542,481 $162,744 $379,737
2017 $8,999 $531,846 $159,554 $372,292
2016 $8,709 $521,420 $156,426 $364,994
2015 $8,655 $513,590 $154,077 $359,513
2014 $8,962 $503,531 $151,059 $352,472
Source: Public Records

Agents Affiliated with this Home

  • Helene Barkin

    Seller's Agent in 2021

    Helene Barkin

    The Agency

    (510) 331-1122

    3 in this area

    40 Total Sales

    Section Image
  • Lori Sallander

    Buyer's Agent in 2021

    Lori Sallander

    Compass

    (925) 984-9422

    1 in this area

    20 Total Sales

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Map

Source: bridgeMLS

MLS Number: 40961650

bridgeMLS

APN: 048C-7200-001-45

California Alameda County Piedmont 94602 Montclair

371 Somerset Rd, Piedmont, CA

This home is located at 371 Somerset Rd, Piedmont, CA 94611 since 04 August 2021 and is currently estimated at $1,638,722, approximately $451 per square foot. This property was built in 1963. 371 Somerset Rd is a home located in Alameda County with nearby schools including Montclair Elementary School, Montera Middle School, and Skyline High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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