NOT LISTED FOR SALE

Estimated Value: $706,000 - $839,178

3 Beds
2 Baths
1,394 Sq Ft
$770/mo HOA Fee

Last Sold May 31, 2023

Last sale price $850,000 $610 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $5,600/month

4 Days on Market

Highlights

  • In Ground Pool
  • Engineered Wood Flooring
  • Solid Surface Countertops
  • Donald L. Rheem Elementary School Rated A
  • End Unit
  • Double Pane Windows

About This Home

As of May 2023

Beautifully updated Moraga condo close to shopping, parks, and great schools. Located in the back of the complex up against open space, this three bedroom two bath single level home offers a fabulous floor plan, spacious backyard and privacy. The living room with brick fireplace and dining room flow seamlessly through new Anderson sliding french doors out to a landscaped backyard with new patio and turf - the perfect spot for play, dining or lounging. The remodeled kitchen includes new stainless appliances, cabinetry, counters, flooring and water filtration system. Gorgeous luxury vinyl oak flooring throughout, in-unit laundry and stylish bathroom remodels complete this very special home. Carport with large storage closet and additional guest parking is just steps from the unit. Over $150K in upgrades.

Last Agent to Sell the Property

Suzi O'Brien

Compass License #01482496 Listed on: 05/03/2023

Compass

Last Buyer's Agent

Diana Mendler

Red Oak Realty License #00962327

Red Oak Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1962

Lot Details

  • End Unit
  • Fenced
  • Landscaped
  • Back Yard

HOA Fees

  • $770 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Engineered Wood Flooring

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Parking

  • 2 Parking Spaces
  • Carport

Outdoor Features

  • In Ground Pool
  • Outdoor Storage

Additional Features

  • Level Entry For Accessibility
  • Ground Level
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 2561200144

Community Details

Overview

  • Association fees include common area maintenance, earthquake insurance, exterior maintenance, gas, management fee, reserves, trash, water/sewer, insurance
  • 36 Units
  • Rheem Terrace HOA, Phone Number (925) 355-2100

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1962

Lot Details

0

HOA Fees

$770 per month

Listing Details

  • Stories: 1
  • Year Built: 1962
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Other
  • Directions: Use right driveway off Moraga Rd
  • Architectural Style: Other
  • Building Name: Rheem Terrace
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Engineered Wood
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Range, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Ground Floor Location
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Ground Floor Location, Dining Area, Counter - Solid Surface
  • Window Features: Double Pane Windows, Window Coverings
  • Room Kitchen Features: Counter - Solid Surface, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Microwave, Range/Oven Built-in

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level, Landscape Back
  • Pool Features: In Ground, Community
  • Pool Private: No
  • Common Walls: End Unit
  • Construction Type: Stucco, Wood Siding
  • Exterior Features: Back Yard, Storage, Landscape Back, Private Entrance
  • Foundation Details: Slab
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport, Guest
  • Total Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Pool, Laundry
  • Association Fee: 770
  • Association Fee Frequency: Monthly
  • Association Name: RHEEM TERRACE HOA
  • Phone: 925-355-2100
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Earthquake Insurance, Exterior Maintenance, Gas, Management Fee, Reserves, Trash, Water/Sewer, Insurance

Schools

  • Senior High School District: Acalanes (925) 280-3900

Lot Info

  • Parcel Number: 2561200144
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2023
Closed on
May 25, 2023
Sold by
Huntington 083118 Family Trust
Bought by
Norwood John and Norwood Alice
Seller's Agent
Suzi O'Brien
Compass
Buyer's Agent
Diana Mendler
Red Oak Realty
List Price
$695,000
Sold Price
$850,000
Premium/Discount to List
$155,000
22.3%
Views
45
Current Estimated Value
$760,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,205
Avg. Annual Appreciation
-4.17%
Original Mortgage
$460,000
Outstanding Balance
$447,209
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$313,586

Purchase Details

Closed on
Jul 8, 2020
Sold by
Guo Charles Youqian and King Mary Ellen
Bought by
Guo Charles and King Mary Ellen

Purchase Details

Closed on
Aug 29, 2018
Sold by
Rein Christine
Bought by
Guo Charles Youqian and King Mary Ellen Dolan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2007
Sold by
Biller Scott and Lin David H
Bought by
Rein Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2007
Sold by
Rein Richard Paul
Bought by
Rein Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2005
Sold by
Mendell Robert C and Mendell Claudia
Bought by
Biller Scott and Lin David H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 1998
Sold by
Mendell William R
Bought by
Mendell William R and Mendell Shirley A

Purchase Details

Closed on
Sep 5, 1996
Sold by
Mendell William R and Mendell Robert C
Bought by
Mendell Robert C and Mendell Claudia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Norwood John $850,000 Old Republic Title
Guo Charles -- None Available
Guo Charles Youqian $500,000 Old Republic Title Company
Rein Christine $480,000 Financial Title Company
Rein Christine -- Financial Title Company
Biller Scott $500,000 Alliance Title Company
Biller Scott -- Alliance Title Company
Lin David -- Alliance Title Company
Mendell William R -- --
Mendell Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norwood John $460,000
Previous Owner Guo Charles Youqian $370,000
Previous Owner Rein Christine $7,500
Previous Owner Biller Scott $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $850,000 -- --
05/31/2023 05/31/23 Sold $850,000 +22.3% $610 / Sq Ft
05/07/2023 05/07/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $695,000 -- $499 / Sq Ft
Source: Contra Costa 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 $10,224 $785,502 $494,190 $291,312
2024 $7,335 $770,100 $484,500 $285,600
2023 $7,335 $536,097 $444,962 $91,135
2022 $7,263 $525,587 $436,238 $89,349
2021 $7,147 $515,283 $427,685 $87,598
2019 $7,016 $500,000 $415,000 $85,000
2018 $6,677 $480,000 $332,002 $147,998
2017 $6,446 $460,000 $318,168 $141,832
2016 $5,973 $430,000 $297,417 $132,583
2015 $5,690 $402,500 $278,396 $124,104
2014 $5,064 $344,000 $237,934 $106,066
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Contra Costa Association of REALTORS®

MLS Number: 41026097

Contra Costa Association of REALTORS®

APN: 256-120-014-4