NOT LISTED FOR SALE

Estimated Value: $1,744,000 - $2,127,000

8 Beds
10 Baths
5,426 Sq Ft
$358/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $2,100,000 $387 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $14,240/month

74 Days on Market

Highlights

  • View of Hills
  • No HOA
  • Tile Flooring
  • Albany Middle School Rated A
  • Security Gate
  • Central Heating and Cooling System

About This Home

As of January 2022

As East Bay multifamily investments go, 412 Kains is a needle in a haystack. Not only is this a 5,000+ sq. ft. 4-unit building that comes with an 8-car garage, but each of the units follows a split-level, 2BR/2.5BA configuration that’s all but impossible to find in the area. Speaking of area, the neighborhood in which 412 Kains resides is a jewel—a 95 Walk Score, highly-rated schools, easy access to BART, even easier access to popular retailers like Trader Joe’s and Petco...what’s not to love? Prospective owners will be happy to know that all units are individually metered for utilities, and come with income upside (current market rate is estimated to be $990 higher than the current rent). Other property niceties include private balconies, expansive unit size (1,200+ sq. ft. per unit) and the building’s unmatched proximity to gorgeous greenspaces like the Tilden Nature Reserve or the Berkeley Marina.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 09/17/2021

Keller Williams Realty

Last Buyer's Agent

OUT OF AREA OUT

OUT OF AREA - NON MEMBER License #88888888

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1989

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Home Design

  • Quadruplex
  • Wood Siding

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Garage
  • Garage Door Opener
  • Parking Lot
  • 6 to 12 Parking Spaces

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Views of Hills
  • 8 Bedrooms

Community Details

  • No Home Owners Association
  • 5,426 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 6728275

Property Details

Home Type

Multi-Family

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Year Built: 1989
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Directions: North on San Pablo Ave, right on Kains Ave
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl, Carpet
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater
  • Total Bedrooms: 8

Exterior Features

  • Fencing: Fenced
  • Lot Features: Security Gate
  • View: Hills
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Side Yard, No Yard, Low Maintenance

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Door Opener, Garage, Parking Lot, Space Per Unit - 1, 4-7 Cars

Utilities

  • Heating: Central
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: Central Air
  • Laundry Features: Dryer, In Unit, Washer
  • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Secured Access, Security Gate, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5000
  • Parcel Number: 6728275
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2022
Sold by
Singh and Ramya
Bought by
Pavan & Ramya Singh Trust
Current Estimated Value
$2,084,633

Purchase Details

Listed on
Sep 17, 2021
Closed on
Dec 22, 2021
Sold by
Alison Kim Revocable Trust
Bought by
Singh Pavan and Singh Ramya
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$2,200,000
Sold Price
$2,100,000
Premium/Discount to List
-$100,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.94%
Original Mortgage
$1,470,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2021
Sold by
Kim Yongyop
Bought by
Kim Sun Yung

Purchase Details

Closed on
Apr 28, 2014
Sold by
Kim Alison
Bought by
Kim Alison and Alison Kim Revocable Trust

Purchase Details

Closed on
Oct 4, 2005
Sold by
Kim Yongyop and Kim Sun Yung
Bought by
Kim Yongyop and Kim Sun Yung

Purchase Details

Closed on
Feb 11, 2003
Sold by
Kim Yongyop and Kim Sun Yung
Bought by
Kim Yongyop and Kim Sun Yung
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pavan & Ramya Singh Trust -- Lisa Elliott
Singh Pavan $2,100,000 Fidelity National Title
Kim Sun Yung -- --
Kim Alison -- None Available
Kim Yongyop -- --
Kim Yongyop -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Singh Pavan $1,470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $2,100,000 -- --
01/07/2022 01/07/22 Sold $2,100,000 -4.5% $387 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $2,200,000 -- $405 / 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 $40,199 $2,228,520 $668,556 $1,559,964
2024 $40,199 $2,184,840 $655,452 $1,529,388
2023 $37,204 $2,142,000 $642,600 $1,499,400
2022 $16,106 $612,421 $90,775 $521,646
2021 $15,816 $600,414 $88,996 $511,418
2020 $15,576 $594,259 $88,083 $506,176
2019 $15,186 $582,608 $86,356 $496,252
2018 $14,811 $571,186 $84,663 $486,523
2017 $14,423 $559,990 $83,004 $476,986
2016 $13,863 $549,010 $81,376 $467,634
2015 $13,238 $540,764 $80,154 $460,610
2014 $13,865 $530,173 $78,584 $451,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40967534

bridgeMLS

APN: 067-2827-005-00