NOT LISTED FOR SALE

650 62nd St Oakland, CA 94609

Bushrod Neighborhood

Estimated Value: $812,000 - $1,350,000

Studio
2 Baths
1,323 Sq Ft
$856/Sq Ft Est. Value

Last Sold January 02, 2020

Last sale price $920,000 $695 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,151/month

89 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Guest Parking
  • Oakland Technical High School Rated A
  • 4 Car Detached Garage

About This Home

As of January 2020

Great mid-century duplex located in the heart of the vibrant Bushrod neighborhood with great upside. This property offers a remodeled ready to rent one-bedroom unit and a tenant occupied two-bedroom unit. The units offer vaulted ceilings, hardwood floors, exposed beams and other natural wood features. At the end of the driveway is a large, detached garage with side-by-side parking. This structure would be ideal for an ADU. This property is ideally located with quick access to shopping, amenities, transportation, BART and HWY24.

Last Agent to Sell the Property

Scott Whelan

Compass License #01509680 Listed on: 09/22/2019

Compass

Last Buyer's Agent

Herman Chan

Golden Gate Sotheby's Int'l Re License #01395481

Golden Gate Sotheby's Int'l Re

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 4,138

Home Design

  • Duplex
  • Contemporary Architecture
  • Concrete Foundation
  • Composition Roof

Flooring

  • Wood
  • Parquet

Parking

  • 4 Car Detached Garage
  • Guest Parking

Additional Features

  • Washer and Dryer Hookup
  • Wall Furnace

Community Details

  • 2 Units
  • 1 Vacant Unit

Listing and Financial Details

  • Assessor Parcel Number 15-1363-15

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Contemporary
  • Year Built: 1950
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: None
  • Flooring: Parquet, Wood
  • Laundry Features: Washer/Dryer Hookups

Exterior Features

  • Foundation: Concrete
  • Roof: Composition

Garage/Parking

  • Parking Features: Detached, Garage, Guest Parking Available
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Wall Furnace

Lot Info

  • Assessor Parcel Number: 15-1363-15
  • Lot Features: Shape Regular
  • Lot Size Units: SqFt

Rental Info

  • Lease Term: Month To Month

Building Info

  • Number of Units Total: 2

Multi Family

  • Number Of Units Vacant: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2020
Sold by
Mgh Management Llc
Bought by
Mehta Sahil and Mehta Suyash
Current Estimated Value
$1,131,876

Purchase Details

Listed on
Sep 22, 2019
Closed on
Dec 20, 2019
Sold by
Kushner Leah Pesa and Leah P Kushner Trust
Bought by
Mgh Management Llc
Seller's Agent
Scott Whelan
Compass
Buyer's Agent
Herman Chan
Golden Gate Sotheby's Int'l Re
List Price
$920,000
Sold Price
$920,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$736,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2019
Sold by
Amir Aliya
Bought by
Aliya Amir Trust

Purchase Details

Closed on
May 19, 2006
Sold by
Kushner Leah Pesa
Bought by
Kushner Leah Pesa and The Leah P Kushner Trust
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
Mehta Sahil -- Old Republic Title Company
Mgh Management Llc $920,000 Old Republic Title Company
Aliya Amir Trust -- None Available
Kushner Leah Pesa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mgh Management Llc $736,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2020 01/02/20 Sold $920,000 0.0% $695 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
09/22/2019 09/22/19 For Sale $920,000 -- $695 / Sq Ft
Source: San Francisco 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 $14,799 $1,006,138 $301,841 $704,297
2024 $14,799 $986,414 $295,924 $690,490
2023 $15,569 $967,075 $290,122 $676,953
2022 $15,136 $948,114 $284,434 $663,680
2021 $14,509 $929,530 $278,859 $650,671
2020 $4,836 $227,350 $68,634 $158,716
2019 $4,539 $222,892 $67,288 $155,604
2018 $4,448 $218,522 $65,969 $152,553
2017 $4,232 $214,239 $64,676 $149,563
2016 $4,032 $210,039 $63,408 $146,631
2015 $4,007 $206,883 $62,455 $144,428
2014 $4,061 $202,831 $61,232 $141,599
Source: Public Records

Agents Affiliated with this Home

  • Scott Whelan

    Seller's Agent in 2020

    Scott Whelan

    Compass

    (415) 874-5000

    37 Total Sales

    Scott Whelan
    Section Image
  • Herman Chan

    Buyer's Agent in 2020

    Herman Chan

    Golden Gate Sotheby's Int'l Re

    (415) 787-3450

    1 in this area

    150 Total Sales

    Herman Chan
    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 490673

San Francisco Association of REALTORS®

APN: 015-1363-015-00

California Alameda County Oakland 94609 Bushrod

650 62nd St, Oakland, CA

Not Listed for Sale

MultiFamily

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