NOT LISTED FOR SALE

Estimated Value: $705,000 - $874,000

8 Beds
4 Baths
2,838 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $920,000 $324 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $5,402/month

12 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 2-minute walk to Rainbow Recreation Center and Park
  • Rectangular Lot
  • Back Yard

About This Home

As of June 2022

This is a great investment opportunity for investors looking to purchase a Quadplex in Oakland! 1 updated vacant unit, no fridge or range. All 2 bedrooms/ 1 bath. The other 3 units are occupied with tenants.The property has 5 separate meters. Owner to pay trash, EBMUD and PG&E in common areas. Tenants pay both water and PG&E for their unit. Tenant parking is available on site, under a covered car port. 2 spaces per unit. Sizable shared common space in the backyard!

Last Agent to Sell the Property

Julia Temple

Compass License #01429857 Listed on: 04/27/2022

Compass

Co-Listed By

Jerry Beverly

Compass License #01957422

Last Buyer's Agent

Heather Alarab

THE GRUBB CO. INC.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 5,400 Sq Ft Lot
  • Rectangular Lot
  • Back Yard

Parking

  • Carport

Home Design

  • Quadruplex
  • Stucco

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association
  • 2,838 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 383235141

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Year Built: 1962
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: SPSP04
  • Directions: Seminary
  • Carport Y N: Yes
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: VirtualTour

Interior Features

  • Flooring: Other
  • Basement: None
  • Other Equipment: None
  • Total Bedrooms: 8

Exterior Features

  • Lot Features: Regular
  • Construction Type: Stucco
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport - 2 Or More

Utilities

  • Heating: Wall Furnace
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5400
  • Parcel Number: 383235141
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
Jun 3, 2022
Sold by
San Le Living Trust
Bought by
Galley Torsten and Myagmar Suvdmaa
Seller's Agent
Julia Temple
Compass
Buyer's Agent
Heather Alarab
THE GRUBB CO. INC.
List Price
$849,000
Sold Price
$920,000
Premium/Discount to List
$71,000
8.36%
Current Estimated Value
$782,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$137,864
Avg. Annual Appreciation
-4.37%
Original Mortgage
$690,000
Outstanding Balance
$655,557
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$126,579

Purchase Details

Closed on
Feb 9, 2018
Sold by
San Soi Man and Le Nhit A
Bought by
San Soi Man and Le Nhit A

Purchase Details

Closed on
Jun 22, 2005
Sold by
Holmes Kirby O and Ellerbach Connie L
Bought by
San Soi Man and Le Nhit A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$483,200
Interest Rate
5.65%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 11, 2005
Sold by
Ellerbach Connie L
Bought by
Holmes Kirby O and Ellerbach Connie L

Purchase Details

Closed on
Nov 16, 1993
Sold by
Holmes Murphy
Bought by
Holmes Kirby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.88%
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
Galley Torsten $920,000 Chicago Title
San Soi Man -- None Available
San Soi Man $604,000 Alliance Title Company
Holmes Kirby O -- --
Holmes Kirby O -- --
Holmes Kirby $50,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galley Torsten $690,000
Previous Owner San Soi Man $483,200
Previous Owner Holmes Kirby $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $920,000 -- --
06/10/2022 06/10/22 Sold $920,000 +8.4% $324 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $849,000 -- $299 / Sq Ft
Source: bridgeMLS

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 $15,978 $976,303 $292,891 $683,412
2024 $15,978 $957,167 $287,150 $670,017
2023 $16,660 $938,400 $281,520 $656,880
2022 $14,063 $777,745 $233,323 $544,422
2021 $13,148 $762,501 $228,750 $533,751
2020 $12,242 $700,000 $210,000 $490,000
2019 $11,625 $690,000 $207,000 $483,000
2018 $11,426 $680,000 $204,000 $476,000
2017 $9,654 $575,000 $172,500 $402,500
2016 $9,439 $570,000 $171,000 $399,000
2015 $8,271 $480,000 $144,000 $336,000
2014 $7,553 $400,000 $120,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40990650

bridgeMLS

APN: 038-3235-014-01