NOT LISTED FOR SALE

Estimated Value: $547,000 - $763,000

4 Beds
2 Baths
1,332 Sq Ft
$500/Sq Ft Est. Value

Last Sold December 24, 2020

Last sale price $660,000 $495 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,403/month

4 Days on Market

Highlights

  • Wood Flooring
  • 5-minute walk to Lake Merritt Station
  • 2-minute walk to Chinese Garden Park
  • Lincoln Elementary School Rated 10

About This Home

As of December 2020

Welcome to this Fantastic Duplex; The lowest Listing in this Area. It 's located in an excellent Location; Walking mins to China Town, jack London Square, Bart and Lake Merritt. lower unit 613 will be vacant on December 20/ 2020. Completed Remodel : Roofing; Flooring, Lighting, Kitchens , Bedrooms and Bathrooms; and new paint interior & exterior. Sewer lateral just done few years ago. Appointment only; Do not disturb tenants. Please email LA the PEAD before showing. Brookers and Agents please take care your clients follow by Covid - 19 policy when showing. Seller prefer " As Is" sale.

Last Agent to Sell the Property

Hai Nguyen

Intero Real Estate Services License #01347573 Listed on: 12/09/2020

Intero Real Estate Services

Last Buyer's Agent

Monica Pham

Intero Real Estate Services License #01386567

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1902

Lot Details

  • 1,864 Sq Ft Lot

Home Design

  • 1,332 Sq Ft Home
  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Vinyl

Parking

  • No Garage
  • On-Street Parking
  • Off-Site Parking

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $49,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $850
  • Operating Expense $11,167
  • Gross Income $49,800

Property Details

Home Type

Multi-Family

Year Built

1902

Lot Details

0

Listing Details

  • Zoning: 0
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1332
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1902

Interior Features

  • Living Sq Ft: 1332
  • Flooring: Hardwood, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: No Garage, Off-Site Parking, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Available

Lot Info

  • Lot Acres: 0.0428
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1865.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1865.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 12.83
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 850
  • Expenses Total: 11167
  • Income Annual Gross: 49800.00
  • Income Annual Rental: 49800
  • Income Gross Scheduled: 49800
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Water
  • Number Of Buildings: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2022
Sold by
Huang Meiting
Bought by
Am Property Investment Inc
Current Estimated Value
$666,411

Purchase Details

Listed on
Dec 9, 2020
Closed on
Dec 21, 2020
Sold by
Moghaddam All S
Bought by
Huang Meiting and Zhu Andy Hul
Seller's Agent
Hai Nguyen
Intero Real Estate Services
Buyer's Agent
Monica Pham
Intero Real Estate Services
List Price
$639,000
Sold Price
$660,000
Premium/Discount to List
$21,000
3.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.19%

Purchase Details

Listed on
Dec 9, 2020
Closed on
Dec 18, 2020
Sold by
Yu Yan Hong
Bought by
Zhu Andy Hui
Seller's Agent
Hai Nguyen
Intero Real Estate Services
Buyer's Agent
Monica Pham
Intero Real Estate Services
List Price
$639,000
Sold Price
$660,000
Premium/Discount to List
$21,000
3.29%

Purchase Details

Closed on
Nov 15, 2019
Sold by
Moghaddam Ali S
Bought by
Moghaddam Ali S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2018
Sold by
Yu Jeffrey Sun
Bought by
Moghaddam Ali S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2017
Sold by
Chen Nancy Yanyu
Bought by
Yu Jeffrey Sun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2016
Sold by
Ma Wilson Zhuo Jiu
Bought by
Chen Nancy Yan Yu

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
3.48%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Am Property Investment Inc -- --
Huang Meiting $660,000 Chicago Title Company
Zhu Andy Hui -- Chicago Title Company
Moghaddam Ali S -- Old Republic Title Company
Moghaddam Ali S $615,000 Old Republic Title Company
Yu Jeffrey Sun $470,000 Old Republic Title Company
Chen Nancy Yan Yu -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moghaddam Ali S $518,000
Previous Owner Moghaddam Ali S $492,000
Previous Owner Yu Jeffrey Sun $376,000
Previous Owner Chen Nancy Yan Yu $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2020 12/24/20 Sold $660,000 +3.3% $495 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $639,000 -- $480 / 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 $11,320 $714,397 $214,319 $500,078
2024 $11,320 $700,391 $210,117 $490,274
2023 $11,787 $686,663 $205,999 $480,664
2022 $11,413 $673,200 $201,960 $471,240
2021 $10,868 $660,000 $198,000 $462,000
2020 $10,317 $627,300 $188,190 $439,110
2019 $9,894 $615,000 $184,500 $430,500
2018 $7,924 $479,400 $143,820 $335,580
2017 $2,942 $119,497 $35,849 $83,648
2016 $2,765 $117,155 $35,146 $82,009
2015 $2,745 $115,396 $34,619 $80,777
2014 $2,759 $113,136 $33,941 $79,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81822768

MLSListings

APN: 001-0181-011-00