NOT LISTED FOR SALE

Estimated Value: $1,276,000 - $1,457,000

4 Beds
4 Baths
3,200 Sq Ft
$438/Sq Ft Est. Value

Last Sold January 05, 2022

Last sale price $1,675,000 $523 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $9,626/month

12 Days on Market

Highlights

  • City View
  • 5-minute walk to Macarthur Station
  • No HOA
  • Oakland Technical High School Rated A
  • Updated Kitchen
  • Double Pane Windows

About This Home

As of January 2022

Stunningly renovated, turn key building in Oakland's Hot Temescal District! Four terrific, gorgeous one bedroom units, three units with new kitchens, new appliances, new flooring, new baths and heaters! Renovated units feature quartz counters, new cabinets and lighting! Extensive work done to minimize the pest work! That means new landings and stairs! New updated electrical panels as well! Estimating $2,500 a month for the vacant units, plus the occupied unit at $1,240, gross rents could be $8,740 a month on day one! New paint, new composition shingle roof and dual pane windows. Washer and Dryer hookups in the renovated units too! Oh and the sewer lateral is done!!!

Last Agent to Sell the Property

Daniel Winkler

Winkler Real Estate Group License #01090765 Listed on: 11/12/2021

Last Buyer's Agent

Jatin Mehta

Kite Hill Real Estate License #02045713

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,816

Year Built

  • Built in 1926

Lot Details

  • 4,300 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Stucco

Interior Spaces

  • Double Pane Windows
  • Laminate Flooring
  • City Views
  • Updated Kitchen
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3,200 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 121010521

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,816

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Year Built: 1926
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Directions: Telegraph to 41st
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate
  • Basement: None
  • Appliances: Gas Water Heater
  • Total Bedrooms: 4
  • Interior Amenities: Updated Baths, Updated Kitchen
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Level
  • View: City
  • View: Yes
  • Construction Type: Stucco, Siding - Stucco
  • Exterior Features: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Space Per Unit - 1

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Cooling: No Air Conditioning
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

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: 4300
  • Parcel Number: 121010521
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2022
Sold by
Patel Rishi V
Bought by
S And R Patel Family Trust
Current Estimated Value
$1,402,950

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 29, 2021
Sold by
Mircea Ilie
Bought by
Patel Rishi V and Patel Seema R
Seller's Agent
Daniel Winkler
Winkler Real Estate Group
Buyer's Agent
Jatin Mehta
Kite Hill Real Estate
List Price
$1,595,000
Sold Price
$1,675,000
Premium/Discount to List
$80,000
5.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.69%
Original Mortgage
$1,230,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2021
Sold by
Carter Richard and First Republic Trust Company
Bought by
Ilie Mircea

Purchase Details

Closed on
Mar 31, 2021
Sold by
Leinbach David Sidney
Bought by
David S Leinbach Trust and Carter

Purchase Details

Closed on
Apr 23, 2014
Sold by
Leinbach David S and David A Tonelli Trust
Bought by
Leinbach David S and David S Leinbach Trust
Source: Public Records

Range of Values:

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Average Value
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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
S And R Patel Family Trust -- --
Patel Rishi V $1,675,000 Old Republic Title
Ilie Mircea -- None Available
David S Leinbach Trust -- --
Leinbach David S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Rishi V $1,230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,675,000 -- --
01/05/2022 01/05/22 Sold $1,675,000 +5.0% $523 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $1,595,000 -- $498 / 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 $25,816 $1,375,000 $412,500 $962,500
2024 $25,816 $1,500,000 $450,000 $1,050,000
2023 $27,173 $1,708,500 $512,550 $1,195,950
2022 $23,109 $1,438,200 $431,460 $1,006,740
2021 $21,999 $1,410,000 $423,000 $987,000
2020 $9,242 $484,761 $154,801 $329,960
2019 $8,645 $475,259 $151,767 $323,492
2018 $8,463 $465,943 $148,792 $317,151
2017 $8,026 $456,809 $145,875 $310,934
2016 $7,757 $447,852 $143,015 $304,837
2015 $7,711 $441,126 $140,867 $300,259
2014 $2,902 $74,972 $39,216 $35,756
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40974048

bridgeMLS

APN: 012-1010-052-01