NOT LISTED FOR SALE

Estimated Value: $1,855,000 - $2,050,000

9 Beds
5 Baths
3,928 Sq Ft
$498/Sq Ft Est. Value

Last Sold April 28, 2021

Last sale price $2,083,000 $530 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $13,222/month

16 Days on Market

Highlights

  • No HOA
  • Security Gate
  • Rectangular Lot
  • Oakland Technical High School Rated A
  • Coin Laundry
  • Fenced

About This Home

As of April 2021

Desirable Rockridge area fourplex less than a mile to the Rockridge BART station. Built in 1965, the property includes a sought after unit mix of three, 2 bedroom/1 bath and one very spacious, 3 bedroom/2 bath unit IDEAL for an owner-occupant. Some unit updating has been completed, including new flooring and appliances, while the 3 bedroom unit includes washer/dryer hookups. The units are all separately metered for gas & electricity, and there is shared coin laundry room. The secure, gated entry with intercom system provides a higher level of building security. The large rear yard has been beautifully updated with newer composite decking and bench seating, lush landscaping and a small turf area. Fantastic stabilized annual income of over $150,000.

Last Agent to Sell the Property

Richard Martini

Colliers International License #01505297 Listed on: 03/11/2021

Last Buyer's Agent

Out Of Area Non Member

Bay East Aor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $31,794

Year Built

  • Built in 1965

Lot Details

  • 5,230 Sq Ft Lot
  • Fenced
  • Rectangular Lot
  • Back Yard

Parking

  • Carport

Home Design

  • Quadruplex
  • Stucco

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

Overview

  • No Home Owners Association
  • 3,928 Sq Ft Building
  • Bay East Association

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$31,794

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Directions: 51st to Desmond St to Coronado Ave
  • Carport Y N: Yes
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Linoleum, Carpet
  • Basement: Unfinished
  • Appliances: Gas Water Heater
  • Total Bedrooms: 9
  • Fireplace: No
  • Interior Amenities: Storage Area(s)

Exterior Features

  • Fencing: Fenced
  • Lot Features: Regular
  • Construction Type: Siding - Stucco
  • Exterior Features: Back Yard, Sprinklers Automatic

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Covered, Space Per Unit - 1

Utilities

  • Heating: Wall Furnace
  • Cooling: No Air Conditioning
  • Laundry Features: Coin Operated, Common Area, Laundry Room, In Unit, Laundry Equip - Owned, Washer/Dryer Hookups
  • Security: Secured Access, Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5230
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 23, 2021
Sold by
Stanovich Vera and Stanovich Peter
Bought by
Kaushik Avinash Upendar and Chan Man Kuen
Seller's Agent
Richard Martini
Colliers International
Buyer's Agent
Out Of Area Non Member
Bay East Aor
List Price
$1,980,000
Sold Price
$2,083,000
Premium/Discount to List
$103,000
5.2%
Current Estimated Value
$1,955,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$127,429
Avg. Annual Appreciation
-1.84%
Original Mortgage
$1,562,250
Outstanding Balance
$1,416,620
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$503,371

Purchase Details

Closed on
Feb 5, 2021
Sold by
Stanovich Peter and Stanovich Trust
Bought by
Stanovich Peter

Purchase Details

Closed on
May 31, 2001
Sold by
Stanovich Val
Bought by
Stanovich Val and 2001 Val Stanovich Revocable T

Purchase Details

Closed on
Feb 9, 2001
Sold by
Stojanovich Robert
Bought by
Stojanovich Robert and Stojanovich Darlene C

Purchase Details

Closed on
Aug 17, 1998
Sold by
Stanovich Stanley and Stanovich Vera
Bought by
Stanovich Vera and Stanovich Stanley
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
Kaushik Avinash Upendar $2,083,000 North American Title Co Inc
Stanovich Peter -- None Available
Stanovich Val -- --
Stojanovich Robert -- --
Stanovich Vera -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaushik Avinash Upendar $1,562,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $2,083,000 -- --
04/28/2021 04/28/21 Sold $2,083,000 +5.2% $530 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $1,980,000 -- $504 / Sq Ft
Source: Bay East 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 $31,794 $2,254,680 $676,404 $1,578,276
2024 $31,794 $2,210,478 $663,143 $1,547,335
2023 $33,542 $2,167,152 $650,145 $1,517,007
2022 $32,633 $2,124,660 $637,398 $1,487,262
2021 $5,276 $188,028 $68,179 $119,849
2020 $5,304 $186,101 $67,480 $118,621
2019 $4,800 $182,452 $66,157 $116,295
2018 $4,699 $178,875 $64,860 $114,015
2017 $4,386 $175,368 $63,588 $111,780
2016 $3,877 $149,329 $62,341 $86,988
2015 $3,847 $147,087 $61,405 $85,682
2014 $3,997 $144,205 $60,202 $84,003
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40940996

Bay East Association of REALTORS®

APN: 014-1241-003-00