NOT LISTED FOR SALE

Estimated Value: $1,612,000 - $2,119,000

8 Beds
5 Baths
3,540 Sq Ft
$521/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $1,900,000 $537 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $11,788/month

3 Days on Market

About This Home

As of February 2022

This (4) Unit multifamily apartment complex, consists of a great unit mix of (1) 3 bedroom, 2 bathroom (2) 2 bedroom, 1 bathroom and (1) 1 bedroom, 1 bathroom units. 37531 Wilburn Place is located in the heart of Fremont, CA, home to huge semi-conductor manufacturers and big tech companies. Along with its great location the property is close the Dumbarton Bridge providing tenants with a shorter commute to the other side of the bay, it has easy access to Interstate 880 and the 84. Some of the units at 37531 Wilburn Place have been recently renovated, newer floor laminate, kitchen countertops, cabinets, and paint can be seen in some of the photos included in the marketing package. Two of the units are equipped with AC units that are mounted on the wall, all the others have window mounted AC units. Four designated car ports, and 6 extra designated open spaces. A laundry room with 2 coin-operated washers and dryers is also included.

Last Agent to Sell the Property

Dusty Blackman

Compass License #01999734 Listed on: 01/27/2022

Compass

Co-Listed By

Jodene Collings Hayes

Compass License #01962093

Last Buyer's Agent

Dusty Blackman

Compass License #01999734 Listed on: 01/27/2022

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,966

Year Built

  • 1964

Lot Details

  • 10,014 Sq Ft Lot

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,540 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 6 Car Garage
  • 4 Carport Spaces
  • Garage Door Opener
  • On-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Co-Op Water
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $100,200
  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $1,800
  • Maintenance Expense $1,600
  • Other Expense $1,393
  • Utility Expense $6,551
  • Trash Expense $1,792
  • Operating Expense $36,165
  • Gross Income $97,194

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,966

Year Built

1964

Lot Details

0

Listing Details

  • Zoning: Not on file
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3540
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Living Sq Ft: 3540
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Flat / Low Pitch

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Assigned Spaces, Carport, Gate / Door Opener, On Street
  • Carport Min: 4

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Private

Lot Info

  • Lot Acres: 0.2299
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10013.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10013.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 18.71
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1800
  • Expense Landscape: 1800
  • Expense Maintenance: 1600
  • Expenses Other: 1393
  • Expenses Total: 36165
  • Expenses Utility: 6551
  • Expense Trash: 1792
  • Income Annual Gross: 97194.00
  • Income Annual Rental: 100200
  • Income Gross Scheduled: 100200
  • Income Includes: Rents
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Chakalian Haig and Chakalian Anahid
Bought by
Halma Trust and Chakalian
Current Estimated Value
$1,845,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$496,548
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$1,348,855

Purchase Details

Listed on
Jan 27, 2022
Closed on
Feb 7, 2022
Sold by
Young Jan K and Young Pearl H
Bought by
Halma Trust and Chakalian
Seller's Agent
Dusty Blackman
Compass
Buyer's Agent
Dusty Blackman
Compass
List Price
$1,875,000
Sold Price
$1,900,000
Premium/Discount to List
$25,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.78%

Purchase Details

Closed on
Jul 30, 2012
Sold by
Young Jan K and Young Pearl H
Bought by
Young Jan K and Young Pearl H

Purchase Details

Closed on
Jan 5, 2011
Sold by
Rassuli Abdul G
Bought by
Young Jan K and Young Pearl H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2007
Sold by
Shir Mohammad Habibullah Shir and Shir Mohammad Hamidullah
Bought by
Rassuli Abdul G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2002
Sold by
Niru Mariam
Bought by
Niru Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$743,750
Interest Rate
6.8%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 29, 2000
Sold by
Youhanna Michelle N
Bought by
Youhanna Ephram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
8.01%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 26, 1999
Sold by
Brain John T and Brain Shirley A
Bought by
Youhanna Ephram and Youhanna Michelle N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.79%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Halma Trust -- Atlas Title Company
Chakalian Haig -- Atlas Title Company
Halma Trust $1,900,000 Chicago Title
Young Jan K -- Lawyers Title Company
Young Jan K -- Lawyers Title Company
Young Jan K $790,000 Old Republic Title Company F
Rassuli Abdul G $457,500 Ticor Title Company Of Ca
Niru Aaron -- American Title Co
Rassuli Abdul G -- American Title Co
Shir Mohammad Habibullah Shir $850,000 American Title Co
Youhanna Ephram -- Old Republic Title Company
Youhanna Ephram $399,500 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chakalian Haig $500,000
Previous Owner Young Jan K $495,000
Previous Owner Rassuli Abdul G $610,000
Previous Owner Shir Mohammad Habibullah Shir $743,750
Previous Owner Youhanna Ephram $235,000
Previous Owner Youhanna Ephram $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2022 02/11/22 Sold $1,900,000 +1.3% $537 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $1,875,000 -- $530 / Sq Ft
Source: MLSListings

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 $24,966 $2,016,280 $604,884 $1,411,396
2024 $24,966 $1,976,760 $593,028 $1,383,732
2023 $24,265 $1,938,000 $581,400 $1,356,600
2022 $13,101 $950,785 $286,113 $671,672
2021 $12,817 $932,006 $280,503 $658,503
2020 $12,560 $929,382 $277,628 $651,754
2019 $12,426 $911,166 $272,187 $638,979
2018 $12,126 $889,507 $266,852 $622,655
2017 $11,818 $872,072 $261,621 $610,451
2016 $11,604 $854,977 $256,493 $598,484
2015 $11,456 $842,140 $252,642 $589,498
2014 $11,255 $825,644 $247,693 $577,951
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81876050

MLSListings

APN: 501-0551-021-00