NOT LISTED FOR SALE

518 Lexington Ave El Cerrito, CA 94530

Estimated Value: $855,000 - $984,000

2 Beds
2 Baths
1,068 Sq Ft
$882/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $1,000,000 $936 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,963/month

11 Days on Market

Highlights

  • Updated Kitchen
  • 4-minute walk to El Cerrito Plaza Station
  • Tudor Architecture
  • El Cerrito Senior High School Rated A-
  • Wood Flooring
  • 3-minute walk to Centennial Park

About This Home

As of May 2024

A contemporary take on the classic Tudor, this 2BD, 2BA gem affords a sun-soaked open floorplan that melds period details and modern finishes. Boasting an airy, spatial expanse that merges living/dining/kitchen. Retreat to the backyard when the mercury rises and unwind in a lushly landscaped patio shaded by mature trees or sit in comfort with air conditioning. An exterior cottage sets the stage for remote work, fully appointed with electric, insulation, and vinyl plank flooring.

Last Agent to Sell the Property

Mark Choi

The Agency License #01433100 Listed on: 04/19/2024

Last Buyer's Agent

OUT OF AREA OUT

OUT OF AREA - NON MEMBER License #88888888

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,805

Year Built

  • Built in 1929

Lot Details

  • 2,500 Sq Ft Lot
  • Landscaped
  • Rectangular Lot
  • Garden
  • Back Yard Fenced and Front Yard

Parking

  • 1 Car Attached Garage
  • Workshop in Garage
  • Front Facing Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Tudor Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Dining Area
  • Bonus Room
  • Partial Basement

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • 220 Volts In Laundry
  • Washer and Dryer Hookup

Home Security

  • Smart Thermostat
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • Heating System Uses Natural Gas
  • Electricity To Lot Line
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • El Cerrito Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5040200221

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,805

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1929
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Subdivision Name: EL CERRITO
  • Directions: Central, north on Lexington
  • Architectural Style: Tudor
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • Efficiency: Heat Pump - Air
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: Partial
  • Appliances: Dishwasher, Disposal, Gas Range, Plumbed For Ice Maker, Microwave, Oven, Free-Standing Range, Refrigerator, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bonus/Plus Room, Dining Area, Storage, Workshop, Breakfast Bar, Stone Counters, Eat-in Kitchen, Updated Kitchen, Smart Thermostat
  • Window Features: Window Coverings
  • Room Kitchen Features: Breakfast Bar, Counter - Stone, Dishwasher, Eat In Kitchen, Garbage Disposal, Gas Range/Cooktop, Ice Maker Hookup, Microwave, Oven Built-in, Range/Oven Free Standing, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Shingle, Composition
  • Fencing: Fenced, Back Yard, Wood
  • Lot Features: Level, Regular, Front Yard, Landscape Back, Landscape Front
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Backyard, Back Yard, Front Yard, Garden/Play, Other, Landscape Back, Landscape Front, Low Maintenance
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached, Off Street, Workshop in Garage, Garage Faces Front, Remote, Garage Door Opener

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Heat Pump
  • Laundry Features: 220 Volt Outlet, Hookups Only, Laundry Room, Cabinets
  • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Sump Pump, Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Schools

  • Senior High School District: West Contra Costa (510) -231-1100

Lot Info

  • Lot Size Sq Ft: 2500
  • Parcel Number: 5040200221
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 13, 2024
Sold by
Cooper Rose E and Cooper Trent
Bought by
Corsaro Michael and Gorbach Mihaly
Seller's Agent
Mark Choi
The Agency
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$798,000
Sold Price
$1,000,000
Premium/Discount to List
$202,000
25.31%
Views
52
Current Estimated Value
$941,842

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$58,158
Avg. Annual Appreciation
-4.22%
Original Mortgage
$700,000
Outstanding Balance
$695,316
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$246,526

Purchase Details

Closed on
Oct 6, 2020
Sold by
Frank Rose E and Cooper Trent
Bought by
Frank Rose E and Cooper Trent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2019
Sold by
Mello Katherine Ann
Bought by
Rose Frank and Cooper Trent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,422
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2011
Sold by
Mello Katherine
Bought by
Mello Katherine Ann

Purchase Details

Closed on
Oct 4, 2010
Sold by
Nasu Eisho and Grumbach Lisa A
Bought by
Mello Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,400
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2005
Sold by
Nasu Eisho and Grumbach Lisa A
Bought by
Nasu Eisho and Grumbach Lisa A

Purchase Details

Closed on
Aug 30, 2005
Sold by
Mello Katherine Ann
Bought by
Mello Katherine Ann

Purchase Details

Closed on
Dec 17, 1999
Sold by
Norik Khachikians and Norik Beate Hepke
Bought by
Nasu Eisho and Grumbach Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
7.68%
Mortgage Type
Purchase Money Mortgage
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
Corsaro Michael $1,000,000 Old Republic Title
Frank Rose E -- Nextitle
Rose Frank $785,000 Old Republic Title Company
Mello Katherine Ann -- None Available
Mello Katherine $382,000 Chicago Title Company
Nasu Eisho -- --
Mello Katherine Ann -- None Available
Nasu Eisho $233,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corsaro Michael $700,000
Previous Owner Frank Rose E $716,000
Previous Owner Rose Frank $706,422
Previous Owner Mello Katherine $305,400
Previous Owner Nasu Eisho $186,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,000,000 -- --
05/21/2024 05/21/24 Sold $1,000,000 +25.3% $936 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $798,000 -- $747 / 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 $11,805 $1,020,000 $836,400 $183,600
2024 $11,590 $841,674 $713,012 $128,662
2023 $11,590 $825,172 $699,032 $126,140
2022 $11,425 $808,993 $685,326 $123,667
2021 $11,386 $793,132 $671,889 $121,243
2019 $6,537 $438,376 $392,325 $46,051
2018 $6,309 $429,782 $384,633 $45,149
2017 $6,213 $421,356 $377,092 $44,264
2016 $6,190 $413,096 $369,699 $43,397
2015 $6,213 $406,892 $364,146 $42,746
2014 $6,155 $398,922 $357,013 $41,909
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41056733

bridgeMLS

APN: 504-020-022-1