NOT LISTED FOR SALE

3840 Martin Luther King jr Way Oakland, CA 94609

Longfellow Neighborhood

Estimated Value: $747,000 - $1,071,395

4 Beds
2 Baths
1,676 Sq Ft
$526/Sq Ft Est. Value

Last Sold July 20, 2022

Last sale price $880,000 $525 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,240/month

69 Days on Market

Highlights

  • Updated Kitchen
  • 5-minute walk to Macarthur Station
  • Security System Owned
  • Oakland Technical High School Rated A
  • No HOA
  • Shed

About This Home

As of July 2022

NEW REDUCED PRICE! BRING ME AN OFFER! This beautiful duplex is perfect for an owner occupant or your next smart investment, potentially eligible for condo conversion*. It includes two 2-bed, 1-bath units, each with their own washer/dryer. Both units have updated kitchen and bathrooms, including stainless steel appliances. The property is filled with natural light, period details, bay windows, built-in shelving, and more. Shared, low maintenance backyard with expansion/ADU potential*. Off-street parking and easy access to I-80, 580, 980, and 24. A short 5-min walk to MacArthur BART, 10-min walk to Temescal shops and restaurants, minutes from AC Transit, close to Emeryville, Rockridge, and countless dining options on nearby Telegraph. Rents at ~$2,600 per unit for an est. annual income of $62,000+! *Please verify with the City of Oakland

Last Agent to Sell the Property

Linda Ngo

Exp Realty Of California License #01832758 Listed on: 04/27/2022

Exp Realty Of California

Last Buyer's Agent

Daniel Bo

Harvest Real Estate Group License #01928841

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,680

Year Built

  • Built in 1906

Lot Details

  • 2,803 Sq Ft Lot
  • Wood Fence
  • Rectangular Lot
  • Back Yard

Home Design

  • Duplex
  • Cement Siding

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • No Garage
  • On-Street Parking

Utilities

  • Wall Furnace
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Updated Kitchen
  • Shed

Community Details

  • No Home Owners Association
  • 1,676 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 1296728

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,680

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Year Built: 1906
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Directions: MacArthur Blvd > Martin Luther King Jr Way
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater
  • Total Bedrooms: 4
  • Door Features: Mirrored Closet Door(s)
  • Fireplace: No
  • Interior Amenities: Updated Baths, Updated Kitchen, Storage

Exterior Features

  • Fencing: Fenced, Wood
  • Lot Features: Regular
  • Construction Type: Cement Siding
  • Exterior Features: Back Yard, Storage, Low Maintenance, Private Entrance, Yard Space
  • Other Structures: Shed(s)

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, No Garage, On Street

Utilities

  • Heating: Wall Furnace, Hot Water
  • Utilities: All Public Utilities, Internet Available, Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Laundry Features: Dryer, Laundry Room, In Unit, Washer
  • Security: Security Alarm - Owned, Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 2803
  • Parcel Number: 1296728
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jul 8, 2022
Sold by
Conrad Wang Jr Steve
Bought by
Siu Albert and Lam Jenny
Seller's Agent
Linda Ngo
Exp Realty Of California
Buyer's Agent
Daniel Bo
Harvest Real Estate Group
List Price
$989,000
Sold Price
$880,000
Premium/Discount to List
-$109,000
-11.02%
Current Estimated Value
$923,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,471
Avg. Annual Appreciation
3.64%
Original Mortgage
$550,000
Outstanding Balance
$527,578
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$453,388

Purchase Details

Closed on
Jan 6, 2020
Sold by
Evans Lara M
Bought by
Wang Steve Conrad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$811,680
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2005
Sold by
Evans Todd Alan
Bought by
Evans Lara M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2002
Sold by
Campbell Felicia and The Felicia Campbell Revocable
Bought by
Dirar Tekie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,800
Interest Rate
5.87%

Purchase Details

Closed on
Oct 19, 1998
Sold by
Campbell Felecia
Bought by
Campbell Felicia and The Felecia Campbell Revocable
Source: Public Records

Range of Values:

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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
Siu Albert $880,000 Old Republic Title
Wang Steve Conrad $912,000 Old Republic Title Company
Evans Lara M -- Fidelity National Title Co
Evans Lara M $469,000 Fidelity National Title Co
Dirar Tekie W $326,000 --
Campbell Felicia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siu Albert $550,000
Previous Owner Wang Steve $803,420
Previous Owner Wang Steve Conrad $800,000
Previous Owner Wang Steve Conrad $811,680
Previous Owner Evans Lara M $427,000
Previous Owner Evans Lara M $122,000
Previous Owner Evans Lara $168,400
Previous Owner Evans Lara M $375,200
Previous Owner Dirar Tekie W $300,000
Previous Owner Dirar Tekie W $260,800
Closed Evans Lara M $93,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $880,000 -- --
07/20/2022 07/20/22 Sold $880,000 +3.7% $525 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $849,000 -8.1% $507 / Sq Ft
05/11/2022 05/11/22 Price Changed $924,000 -6.5% $551 / Sq Ft
04/27/2022 04/27/22 Price Changed $988,000 -0.1% $589 / Sq Ft
04/27/2022 04/27/22 For Sale $989,000 -- $590 / 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
2024 $13,680 $897,600 $269,280 $628,320
2023 $14,374 $880,000 $264,000 $616,000
2022 $15,022 $939,870 $281,961 $657,909
2021 $14,398 $921,447 $276,434 $645,013
2020 $9,827 $597,721 $179,316 $418,405
2019 $9,413 $586,005 $175,801 $410,204
2018 $9,217 $574,520 $172,356 $402,164
2017 $8,845 $563,258 $168,977 $394,281
2016 $8,559 $552,218 $165,665 $386,553
2015 $5,865 $350,000 $105,000 $245,000
2014 $5,672 $290,000 $87,000 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40990678

bridgeMLS

APN: 012-0967-028-00