NOT LISTED FOR SALE
30 Beds
-- Bath
16,056 Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: November 18, 2014

Last sale price $3,650,000 $227 Per Sq Ft

177 Days on Market

Highlights

  • Panoramic View
  • 23 Car Garage
  • 1-minute walk to Peggy Thomsen Pierce Street Park
  • Albany Middle School Rated A

About This Home

As of November 2014

Rarely available extremely well maintained 17 units in Albany. The property is composed of 13 2-bed & 4 1-bed units. All units are spacious and some have balconies with Bay Views. The exterior walls have recently been painted and some new sidings were installed. Roof is approximate 8 years old. The property has total of 23 parking spaces. Excellent price per foot. Great income generates over 4.23% CAP and 12.18 GRM. Rents for some units are below market. Good upside potential.

Last Agent to Sell the Property

Ivan Leung

Compass License #01118120 Listed on: 05/08/2014

Compass

Last Buyer's Agent

Dana Lee

Mosaik Real Estate License #DRE #01899001

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.31

Parking

  • 23 Car Garage

Interior Spaces

  • 16,056 Sq Ft Home
  • Panoramic Views

Community Details

  • 17 Units

Listing and Financial Details

  • Assessor Parcel Number 066-2732-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0.31 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Year Built: 1979
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 227.33
  • Square Footage: 16056.00

Exterior Features

  • View: Panoramic

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 23.00

Lot Info

  • Assessor Parcel Number: 066-2732-014
  • Lot Size Units: SqFt
  • Zoning: R-3

Building Info

  • Number of Units Total: 17

Multi Family

  • Gross Rent Multiplier: 13.28

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, 2014
Closed on
Nov 10, 2014
Sold by
Bought by
Seller's Agent
Ivan Leung
Compass
Buyer's Agent
Dana Lee
Mosaik Real Estate
List Price
$3,650,000
Sold Price
$3,650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
0.0416%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$3,650,000 Fidelity National 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
Open $1,850,000
Closed $1,960,000
Previous Owner $1,160,000
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
11/18/2014 11/18/14 Sold $3,650,000 0.0% $227 / Sq Ft
11/01/2014 11/01/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $3,650,000 -- $227 / 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 $95,881 $4,387,861 $1,093,647 $3,282,744
2024 $94,906 $4,302,066 $1,072,207 $3,218,389
2023 $85,480 $4,206,478 $1,051,186 $3,155,292
2022 $84,615 $4,135,468 $1,030,575 $3,093,423
2021 $83,386 $4,054,627 $1,010,373 $3,044,254
2020 $82,950 $4,013,186 $1,000,017 $3,013,169
2019 $81,024 $3,934,748 $980,415 $2,954,333
2018 $78,951 $3,857,840 $961,196 $2,896,644
2017 $76,968 $3,779,539 $942,350 $2,837,189
2016 $73,780 $3,705,617 $923,877 $2,781,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 420448

San Francisco Association of REALTORS®
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