D
Seller's Agent in 2024
Dennis Chan
JMC Realty Corporation
(415) 990-3693
1 in this area
4 Total Sales
640 E 15th St Oakland, CA 94606
Merritt Neighborhood
9
Beds
--
Bath
8,514
Sq Ft
4,792
Sq Ft Lot
Highlights
- Corner Lot
- Coin Laundry
- 3-minute walk to Clinton Park
- 3 Car Detached Garage
About This Home
As of November 2024Price lowered!!! Offers reviewed as received. 640 E 15th Street(cross St @ 7th Ave) is in Oakland, CA 94606 and located in the east of Lake Merritt shoreline. This attractive and well-maintained residential income apartment building was completely rebuilt from the ground-up in year 2010, a newer building on this quiet block of the neighborhood, that consists of 9 Units (three studios, three 1br, three 2br)with gas stoves and common area hardwood flooring, 2 leased washers and 2 leased dryers in the building, 9 storage cabinets in basement and 3 detached garages. The exterior building was just painted. All units are fully occupied by tenants. Low expenses w/decent rental income. Cap Rate 6%.
Last Agent to Sell the Property
JMC Realty Corporation License #DRE #00834743 Listed on: 05/08/2024
Property Details
Home Type
- Multi-Family
Lot Details
- 4,792
Parking
- 3 Car Detached Garage
Home Design
Additional Features
- 3-Story Property
- Corner Lot
- Separate Meters
Community Details
- 9 Units
- Coin Laundry
- 9 Leased Units
Listing and Financial Details
- Assessor Parcel Number 020-017601000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2024
Closed on
Oct 24, 2024
Sold by
Bought by
Seller's Agent
Dennis Chan
JMC Realty Corporation
Buyer's Agent
Dennis Chan
JMC Realty Corporation
List Price
$2,700,000
Sold Price
$1,430,000
Premium/Discount to List
-$1,270,000
-47.04%
Views
15
Purchase Details
Closed on
Feb 27, 2017
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
0.0409%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 18, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
0.0641%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 23, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,850
Interest Rate
0.0565%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 5, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
0.056%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 18, 2000
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,430,000 | Fidelity National Title Compan | ||
| -- | Old Republic Title Company | ||
| $1,200,000 | Chicago Title Company | ||
| $1,145,500 | Chicago Title Co | ||
| $732,000 | First American Title Guarant | ||
| -- | American Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $660,000 | ||
| Previous Owner | $630,000 | ||
| Previous Owner | $305,000 | ||
| Previous Owner | $801,850 | ||
| Previous Owner | $425,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2024 11/19/24 | Sold | $1,430,000 | -20.6% | $168 / Sq Ft |
| 10/28/2024 10/28/24 | Pending | -- | -- | -- |
| 07/06/2024 07/06/24 | Price Changed | $1,800,000 | -10.0% | $211 / Sq Ft |
| 07/04/2024 07/04/24 | Price Changed | $1,999,988 | -4.8% | $235 / Sq Ft |
| 06/16/2024 06/16/24 | Price Changed | $2,100,000 | -4.5% | $247 / Sq Ft |
| 05/19/2024 05/19/24 | Price Changed | $2,200,000 | -18.5% | $258 / Sq Ft |
| 05/08/2024 05/08/24 | For Sale | $2,700,000 | -- | $317 / Sq Ft |
Source: San Francisco Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $26,515 | $1,441,784 | $429,000 | $1,001,000 |
| 2024 | $26,515 | $1,492,858 | $441,850 | $1,039,269 |
| 2023 | $27,517 | $1,452,084 | $433,188 | $1,018,896 |
| 2022 | $26,254 | $1,435,356 | $424,697 | $998,920 |
| 2021 | $24,304 | $1,407,443 | $416,370 | $991,073 |
| 2020 | $24,014 | $1,393,143 | $412,104 | $981,039 |
| 2019 | $22,600 | $1,367,244 | $404,026 | $963,218 |
| 2018 | $22,104 | $1,339,520 | $396,105 | $943,415 |
| 2017 | $21,098 | $1,313,489 | $388,339 | $925,150 |
| 2016 | $20,696 | $1,295,549 | $380,726 | $914,823 |
| 2015 | $20,585 | $1,276,390 | $375,011 | $901,379 |
| 2014 | $22,507 | $1,251,770 | $367,668 | $884,102 |
Source: Public Records
Agents Affiliated with this Home
-
Dennis Chan
Map
Source: San Francisco Association of REALTORS®
MLS Number: 424031480
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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