NOT LISTED FOR SALE

3963 Franke Ln Lafayette, CA 94549

Happy Valley Neighborhood

Estimated Value: $2,463,000 - $2,528,579

5 Beds
4 Baths
3,150 Sq Ft
$792/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $2,850,000 $905 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $16,196/month

6 Days on Market

Highlights

  • Family Room with Fireplace
  • Wood Flooring
  • Cottage
  • Happy Valley Elementary School Rated A
  • No HOA
  • Breakfast Area or Nook

About This Home

As of May 2022

This charming, uniquely configured Happy Valley parcel offers multiple living options on a private cul-de-sac. Enter the property through a rose-covered trellis. Two adjacent homes, each surrounded by lush gardens, occupy the spacious lot. One home (1,335 SF) is 2 BR/2 BA; the other (1,815 SF) is 3 BR/2 BA. The owner might choose to live in one home and rent out the other; alternatively, the second home could serve as an ideal separate residence for extended family members who desire proximity and yet privacy. Both homes are newly painted with newly refinished hardwood floors. Each home has a private rear deck leading to pastoral gardens, and the larger home offers a private hot tub amidst its garden. Both homes feature wood-burning fireplaces and spacious living rooms. The homes have separate driveways and ample parking. Though freeway access (at Upper Happy Valley Road) is just 2 minutes away, the mature foliage and secluded quiet side street provide the tranquility of country life.

Last Agent to Sell the Property

Ann Newton Cane

Golden Gate Sotheby's Int'l Re License #02084093 Listed on: 04/29/2022

Golden Gate Sotheby's Int'l Re

Last Buyer's Agent

Amanda Kilpatrick

Compass License #01950087

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $34,773

Year Built

  • Built in 1941

Lot Details

  • 0.62 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Back Yard Fenced and Front Yard

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Cottage
  • Shingle Roof
  • Wood Shingle Exterior

Interior Spaces

  • 1-Story Property
  • Brick Fireplace
  • Window Screens
  • Family Room with Fireplace
  • 4 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 3,150 Sq Ft Building
  • Contra Costa Association
  • Upper Happy Vly Subdivision

Listing and Financial Details

  • Assessor Parcel Number 248040012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,773

Year Built

Built in 1941

Lot Details

0

Parking

4

Listing Details

  • Stories: 1
  • Year Built: 1941
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.62
  • Subdivision Name: UPPER HAPPY VLY
  • Directions: Upper Happy Valley, Rt on Los Arabis, Rt on Franke
  • Architectural Style: Cottage
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Laminate, Tile
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Brick, Family Room, Living Room, Other
  • Fireplaces: 4
  • Fireplace: Yes
  • Interior Amenities: Family Room, Formal Dining Room, Breakfast Nook
  • Window Features: Screens
  • Room Kitchen Features: Breakfast Nook, Dishwasher, Gas Range/Cooktop, Microwave, Refrigerator

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard
  • Lot Features: 2 Houses / 1 Lot, Cul-De-Sac, Landscape Back, Landscape Front
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Wood
  • Exterior Features: Back Yard, Entry Gate, Front Yard, Landscape Back, Landscape Front
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 4
  • Attached Garage: No
  • Covered Parking Spaces: 4
  • Parking Features: Garage, Guest, Parking Spaces, Garage Door Opener
  • Total Parking Spaces: 7

Utilities

  • Heating: Forced Air
  • Cooling: Other
  • Laundry Features: Dryer, Hookups Only, Washer
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: CONTRA COSTA
  • Association: No

Lot Info

  • Lot Size Sq Ft: 27007
  • Parcel Number: 248040012
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2023
Sold by
Yamauchi Jennifer and Yamauchi Michael
Bought by
Chen Family Trust and Chen
Current Estimated Value
$2,495,790

Purchase Details

Listed on
Apr 29, 2022
Closed on
May 12, 2022
Sold by
Pettit Jane A
Bought by
Yamauchi Jennifer and Chen Michael
Seller's Agent
Ann Newton Cane
Golden Gate Sotheby's Int'l Re
Buyer's Agent
Amanda Kilpatrick
Compass
List Price
$2,695,000
Sold Price
$2,850,000
Premium/Discount to List
$155,000
5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.54%

Purchase Details

Closed on
Aug 20, 1997
Sold by
Pettit Jane A
Bought by
Pettit Jane A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 27, 1996
Sold by
Union Bank Of California Na
Bought by
Pettit Jane A
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
Chen Family Trust -- None Listed On Document
Yamauchi Jennifer $2,850,000 First American Title
Pettit Jane A -- Financial Title Company
Pettit Jane A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yamauchi Jennifer $2,280,000
Previous Owner Pettit Jane A $85,000
Previous Owner Pettit Jane A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $2,850,000 -- --
05/20/2022 05/20/22 Sold $2,850,000 +5.8% $905 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $2,695,000 -- $856 / Sq Ft
Source: Contra Costa Association of REALTORS®

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 $34,773 $3,024,442 $2,440,778 $583,664
2024 $34,182 $2,965,140 $2,392,920 $572,220
2023 $34,182 $2,907,000 $2,346,000 $561,000
2022 $8,331 $633,992 $505,637 $128,355
2021 $8,071 $621,562 $495,723 $125,839
2019 $7,940 $603,127 $481,020 $122,107
2018 $7,652 $591,302 $471,589 $119,713
2017 $7,467 $579,709 $462,343 $117,366
2016 $7,299 $568,343 $453,278 $115,065
2015 $7,077 $559,807 $446,470 $113,337
2014 $6,982 $548,842 $437,725 $111,117
Source: Public Records

Agents Affiliated with this Home

  • Ann Newton Cane

    Seller's Agent in 2022

    Ann Newton Cane

    Golden Gate Sotheby's Int'l Re

    (415) 999-0253

    19 in this area

    117 Total Sales

    Ann Newton Cane
    Section Image
  • Amanda Kilpatrick

    Buyer's Agent in 2022

    Amanda Kilpatrick

    Compass

    (415) 297-8441

    2 in this area

    69 Total Sales

    Amanda Kilpatrick
    Section Image
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Map

Source: Contra Costa Association of REALTORS®

MLS Number: 40990870

Contra Costa Association of REALTORS®

APN: 248-040-012-2

California Contra Costa County Lafayette 94549 Happy Valley

3963 Franke Ln, Lafayette, CA

This home is located at 3963 Franke Ln, Lafayette, CA 94549 since 29 April 2022 and is currently estimated at $2,495,790, approximately $792 per square foot. This property was built in 1941. 3963 Franke Ln is a home located in Contra Costa County with nearby schools including Happy Valley Elementary School, M.H. Stanley Middle School, and Acalanes High School.

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