NOT LISTED FOR SALE

Estimated Value: $846,000 - $1,044,487

5 Beds
4 Baths
2,432 Sq Ft
$392/Sq Ft Est. Value

Last Sold March 01, 2024

Last sale price $875,000 $360 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,355/month

18 Days on Market

Highlights

  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Washer and Dryer

About This Home

As of March 2024

Welcome home to 450-452 Ruth Ct, San Leandro! This 2-story duplex w/ an expansive backyard is ideally suited for multi-generational living or as a rental property. 450 offers 2 beds, 1.5 baths & 1 car-parking in the garage while the larger 452 offers 3 beds, 2 baths & 2 car-parking in the garage. Entering 450, you'll be welcomed by an inviting, open living room w/ updated flooring & ample room for a dining area. The well-designed kitchen boasts a spacious open floor plan w/ a beautiful view of the backyard. A short hallway splits from the kitchen past a convenient half bathroom, leading up the stairs to 2 bedrooms. Both bedrooms welcome you w/ plenty of natural light & closet space. Private laundry room for exclusive use for this unit. Stepping into 452, you will feel the inviting living room w/ a charming fireplace. A short staircase brings you to the upper level where all 3 bedrooms are nestled, the master suite boasts a private full bath. Washer and dryer located in the garage for this unit. Located just minutes from Bayfair Shopping Center, this prime location offers easy access to dining, shopping, & entertainment. Conveniently close to highways 580 & 880, it also ensures a smooth commute across the Bay Area. Come see it before it's gone!

Last Agent to Sell the Property

Jennie Lok

KW Advisors License #02032545 Listed on: 01/18/2024

KW Advisors

Last Buyer's Agent

Luis Cintron

Windermere Rowland Realty License #01825763

Windermere Rowland Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1975

Lot Details

  • 4,953

Parking

  • 3 Car Attached Garage

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,432 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Additional Features

  • 4,953 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $28,860

Community Details

Overview

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,303
  • Operating Expense $1,303
  • Gross Income $28,860

Property Details

Home Type

Multi-Family

Year Built

1975

Lot Details

0

Parking

3

Listing Details

  • Zoning: RS
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2432
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1975

Interior Features

  • Living Sq Ft: 2432
  • Stories: 2
  • Laundry: Washer / Dryer

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1137
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4951.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4951.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Security Deposit
  • Gross Rent Multiplier: 31.15
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1303
  • Expenses Total: 1303
  • Income Annual Rental: 28860
  • Income Gross Scheduled: 28860
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 23, 2024
Sold by
Lo Rene Julie
Bought by
Wong Jerry
Seller's Agent
Jennie Lok
KW Advisors
Buyer's Agent
Luis Cintron
Windermere Rowland Realty
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Views
81
Current Estimated Value
$952,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,622
Avg. Annual Appreciation
4.75%
Original Mortgage
$525,000
Outstanding Balance
$515,705
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$436,917

Purchase Details

Closed on
Feb 4, 2021
Sold by
Lo Edward Yin-Ted
Bought by
Lo Fay

Purchase Details

Closed on
Jan 25, 2021
Sold by
Lo Fay and The Ted And Fay Lo Revocable T
Bought by
Lo Rene Julie

Purchase Details

Closed on
Dec 30, 1997
Sold by
Lo Fay and Lo Ted
Bought by
Lo Ted and Lo Fay
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
Wong Jerry $875,000 Old Republic Title Company
Lo Fay -- --
Lo Rene Julie -- None Available
Lo Ted -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Jerry $525,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2024 03/01/24 Sold $875,000 -2.7% $360 / Sq Ft
02/06/2024 02/06/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $899,000 -- $370 / 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 $4,543 $885,500 $267,750 $624,750
2024 $4,543 $269,335 $93,024 $176,311
2023 $4,585 $264,055 $91,200 $172,855
2022 $4,419 $258,878 $89,412 $169,466
2021 $4,267 $253,804 $87,660 $166,144
2020 $4,130 $251,202 $86,761 $164,441
2019 $3,989 $246,277 $85,060 $161,217
2018 $3,846 $241,450 $83,393 $158,057
2017 $3,776 $236,716 $81,758 $154,958
2016 $3,574 $232,075 $80,155 $151,920
2015 $3,496 $228,589 $78,951 $149,638
2014 $3,456 $224,113 $77,405 $146,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81951747

MLSListings

APN: 077D-1487-035-00