NOT LISTED FOR SALE

703 Cornell Ave Albany, CA 94706

Estimated Value: $1,263,000 - $1,456,000

2 Beds
1 Bath
1,185 Sq Ft
$1,176/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $1,500,000 $1,266 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $9,212/month

16 Days on Market

Highlights

  • Spa
  • Updated Kitchen
  • Mediterranean Architecture
  • Albany Middle School Rated A
  • Wood Flooring
  • Bonus Room

About This Home

As of July 2021

Imagine a serene retreat in Albany, just two blocks from Solano Avenue, thoughtfully enhanced by a professor of Buddhism to delight and soothe your senses. The house itself is designed to bring the outside in with a well placed sunroom and multiple skylights. Behind the front gate is a lush, lovingly-curated garden with a hot tub. A 2017 remodel enlarged the home to add a beautiful upstairs guest room/office. Another room can flex between a second bedroom or a family room*, with a sliding barn door to separate it from the living room. Office potential is found in both a room off the primary bedroom and a nicely finished garage with a separate entrance.* The updated kitchen and bath match the clean, modern style of the rest of the house. This house offers the best complement of indoor and outdoor living combined with access to favorite amenities such as Memorial Park and El Cerrito Plaza BART. Don’t forget Albany’s top-rated schools. * Buyer to verify use with the city.

Last Agent to Sell the Property

Kathleen Wilson

Red Oak Realty License #01343881 Listed on: 06/01/2021

Red Oak Realty

Last Buyer's Agent

Carla Higgins

Compass License #01281540

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,344

Year Built

  • Built in 1925

Lot Details

  • 3,800 Sq Ft Lot
  • Landscaped
  • Rectangular Lot
  • Garden
  • Front Yard

Parking

  • 1 Car Attached Garage
  • Off-Street Parking

Home Design

  • Mediterranean Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Family Room
  • Home Office
  • Bonus Room
  • Sun or Florida Room
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • Spa

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Albany Subdivision

Listing and Financial Details

  • Assessor Parcel Number 66280932

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,344

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Stories: 2
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Subdivision Name: ALBANY
  • Directions: Portland to Cornell
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: Crawl Space
  • Spa Features: Private
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Bonus/Plus Room, Den, Family Room, Florida/Screen Room, Office, Storage, Study, Workshop, Breakfast Bar, Stone Counters, Updated Kitchen
  • Room Kitchen Features: Breakfast Bar, Counter - Stone, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Composition
  • Lot Features: Regular, Landscape Front
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Garden, Front Yard, Garden/Play, Side Yard, Landscape Front
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached, Off Street

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: Hookups Only, Laundry Room
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 3800
  • Parcel Number: 66280932
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jun 30, 2021
Sold by
Neilson John Kenneth and Omura Kimiko
Bought by
Kvaavik Elizabeth and Kvaavik Niels
Seller's Agent
Kathleen Wilson
Red Oak Realty
Buyer's Agent
Carla Higgins
Compass
List Price
$989,000
Sold Price
$1,500,000
Premium/Discount to List
$511,000
51.67%
Current Estimated Value
$1,312,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$187,949
Avg. Annual Appreciation
-1.63%
Original Mortgage
$650,000
Outstanding Balance
$596,129
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$805,675

Purchase Details

Closed on
Nov 9, 2017
Sold by
Nelson John K and Omura Kimiko
Bought by
Nelson John Kenneth and Omura Kimiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2017
Sold by
Nelson John K and Omura Kimiko
Bought by
Nelson John K and Omura Kimiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 1999
Sold by
Denny Gregory D and Denny Melissa
Bought by
Nelson John K and Omura Miko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7%

Purchase Details

Closed on
Jul 6, 1995
Sold by
Nakahara Patricia M
Bought by
Denny Gregory D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,550
Interest Rate
7.62%
Source: Public Records

Range of Values:

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Average Value
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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
Kvaavik Elizabeth $1,500,000 Chicago Title Company
Nelson John Kenneth -- None Available
Nelson John K -- Chicago Title Company
Nelson John K $285,000 Placer Title Company
Denny Gregory D $190,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kvaavik Elizabeth $650,000
Previous Owner Nelson John K $152,000
Previous Owner Nelson John K $250,000
Previous Owner Nelson John K $201,000
Previous Owner Nelson John K $216,000
Previous Owner Nelson John K $30,000
Previous Owner Nelson John K $215,000
Previous Owner Denny Gregory D $180,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,500,000 -- --
07/06/2021 07/06/21 Sold $1,500,000 +51.7% $1,266 / Sq Ft
06/17/2021 06/17/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $989,000 -- $835 / 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 $24,344 $1,589,893 $477,540 $1,119,353
2024 $24,344 $1,558,593 $468,180 $1,097,413
2023 $23,891 $1,534,896 $459,000 $1,075,896
2022 $23,089 $1,497,800 $450,000 $1,054,800
2021 $8,320 $492,108 $123,826 $375,282
2020 $8,298 $493,991 $122,556 $371,435
2019 $8,094 $484,307 $120,154 $364,153
2018 $7,857 $474,812 $117,798 $357,014
2017 $6,638 $391,974 $115,489 $276,485
2016 $6,296 $384,290 $113,225 $271,065
2015 $6,745 $378,517 $111,524 $266,993
2014 $6,637 $371,103 $109,339 $261,764
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Wilson

    Seller's Agent in 2021

    Kathleen Wilson

    Red Oak Realty

    (510) 919-1712

    58 Total Sales

    Section Image
  • Carla Higgins

    Buyer's Agent in 2021

    Carla Higgins

    Compass

    (510) 390-6930

    60 Total Sales

    Section Image
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Map

Source: bridgeMLS

MLS Number: 40952284

bridgeMLS

APN: 066-2809-032-00

California Alameda County Albany 94706

703 Cornell Ave, Albany, CA

This home is located at 703 Cornell Ave, Albany, CA 94706 since 01 June 2021 and is currently estimated at $1,394,032, approximately $1,176 per square foot. This property was built in 1925. 703 Cornell Ave is a home located in Alameda County with nearby schools including Albany Middle School, Albany High School, and Tilden Preparatory School - Albany.

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.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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