NOT LISTED FOR SALE

7 16th St Richmond, CA 94801

City Central Neighborhood

Estimated Value: $750,729 - $902,000

9 Beds
5 Baths
3,409 Sq Ft
$245/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $835,000 $245 Per Sq Ft

Current estimated payment $6,001/month

25 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating System Uses Natural Gas
  • 4 Car Attached Garage
  • Rectangular Lot

About This Home

As of May 2024

A centrally located 4 unit building. 5 blocks to BART for an easy commute. Easy access to I-580. 2 vacant units one of which is the 3 bedroom and 2 bath owner's unit. For investors or a homeowner to move in and let the tenants share in the cost of your mortgage. The other vacant unit has 2 bedrooms and 1 bath. The 2 other occupied units are spacious and feature 2 bedrooms and 1 baths.

Last Agent to Sell the Property

Michael Stephens

Corcoran Icon Properties License #01186416 Listed on: 04/02/2024

Corcoran Icon Properties

Last Buyer's Agent

Rothin Manandhar

Keller Williams Realty License #02086438

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 5,625 Sq Ft Lot
  • Rectangular Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Stucco

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 3,409 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 5403500316

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Year Built: 1988
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Directions: MacDonald to 16th
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile, Vinyl, Carpet
  • Basement: None
  • Total Bedrooms: 9

Exterior Features

  • Lot Features: Regular
  • Construction Type: Siding - Stucco
  • Exterior Features: Yard Space

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 4

Utilities

  • Heating: Natural Gas
  • Utilities: Cable Available, Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5625
  • Parcel Number: 5403500316
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
May 28, 2024
Sold by
Sapkota Raksha
Bought by
Sagar Poudela
Seller's Agent
Michael Stephens
Corcoran Icon Properties
Buyer's Agent
Rothin Manandhar
Keller Williams Realty
List Price
$899,000
Sold Price
$835,000
Premium/Discount to List
-$64,000
-7.12%
Views
65
Current Estimated Value
$833,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,068
Avg. Annual Appreciation
-0.08%
Original Mortgage
$709,750
Outstanding Balance
$700,207
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$133,725

Purchase Details

Listed on
Apr 2, 2024
Closed on
May 22, 2024
Sold by
Lubin Lizabeth B
Bought by
Poudel Sagar
Seller's Agent
Michael Stephens
Corcoran Icon Properties
Buyer's Agent
Rothin Manandhar
Keller Williams Realty
List Price
$899,000
Sold Price
$835,000
Premium/Discount to List
-$64,000
-7.12%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$709,750
Outstanding Balance
$700,207
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$133,725

Purchase Details

Closed on
Aug 22, 2023
Sold by
Connie L Green Revocable Living Trust
Bought by
Lubin Lizabeth B

Purchase Details

Closed on
May 29, 2007
Sold by
Wells Fargo Bank Na
Bought by
Green Connie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
6.21%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 11, 2007
Sold by
Fuentes Elias and Velasquez Marina
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 3, 2004
Sold by
Velasquez Marina
Bought by
Fuentes Elias and Velasquez Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
5.92%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 4, 2002
Sold by
Fuentes Elias
Bought by
Velasquez Marina

Purchase Details

Closed on
Nov 28, 2001
Sold by
Velasquez Marina and Mendez Pedro D
Bought by
Fuentes Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1996
Sold by
Mancheno Nancy
Bought by
Fuentes Elias and Velasquez Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,840
Interest Rate
8.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 27, 1995
Sold by
American Svgs Bank
Bought by
Mancheno Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,050
Interest Rate
7.42%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 1995
Sold by
Tablante Virgilio P and Tablante Christina M
Bought by
American Svgs Bank
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
Sagar Poudela -- Chicago Title
Poudel Sagar $835,000 Chicago Title
Lubin Lizabeth B -- None Listed On Document
Green Connie L $570,000 First American Title
Wells Fargo Bank Na $682,433 Accommodation
Fuentes Elias -- Chicago Title
Velasquez Marina -- Commonwealth Land Title Co
Fuentes Elias -- New Century Title Company
Fuentes Elias $200,000 Chicago Title Co
Mancheno Nancy $95,000 North American Title Co
American Svgs Bank $127,500 Nortwestern Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poudel Sagar $709,750
Previous Owner Green Connie L $427,500
Previous Owner Fuentes Elias $485,000
Previous Owner Fuentes Elias $275,000
Previous Owner Fuentes Elias $194,840
Previous Owner Mancheno Nancy $102,050
Closed Fuentes Elias $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $835,000 -- --
05/31/2024 05/31/24 Sold $835,000 -7.1% $245 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/02/2024 04/02/24 For Sale $899,000 -- $264 / Sq Ft
Source: bridgeMLS

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 $19,584 $851,700 $392,700 $459,000
2024 $14,645 $1,040,400 $416,160 $624,240
2023 $14,645 $734,008 $244,666 $489,342
2022 $14,292 $719,617 $239,869 $479,748
2021 $14,060 $705,508 $235,166 $470,342
2019 $12,521 $640,000 $213,300 $426,700
2018 $11,102 $560,000 $186,600 $373,400
2017 $9,826 $480,000 $159,900 $320,100
2016 $9,762 $480,000 $159,900 $320,100
2015 $9,402 $440,000 $146,600 $293,400
2014 $7,937 $340,000 $113,300 $226,700
Source: Public Records

Agents Affiliated with this Home

  • Michael Stephens

    Seller's Agent in 2024

    Michael Stephens

    Corcoran Icon Properties

    (510) 816-9693

    1 in this area

    129 Total Sales

    Michael Stephens
    Section Image

  • R

    Buyer's Agent in 2024

    Rothin Manandhar

    Keller Williams Realty

    (510) 305-1371

    1 in this area

    57 Total Sales

    Rothin Manandhar
    Section Image
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Map

Source: bridgeMLS

MLS Number: 41054538

bridgeMLS

APN: 540-350-031-6

California Contra Costa County Richmond 94801 City Central

7 16th St, Richmond, CA

Not Listed for Sale

MultiFamily

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