NOT LISTED FOR SALE

723 Stannage Ave Albany, CA 94706

Estimated Value: $1,108,000 - $1,304,172

2 Beds
1 Bath
1,068 Sq Ft
$1,140/Sq Ft Est. Value

Last Sold November 10, 2021

Last sale price $1,285,000 $1,203 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,187/month

6 Days on Market

Highlights

  • Wood Flooring
  • Quartz Countertops
  • Breakfast Room
  • Albany Middle School Rated A
  • Workshop
  • Laundry Room

About This Home

As of November 2021

Updated bright & cozy Albany classic with workshop, sunroom, garage converted ADU, on a 5000 sqft lot! So much value for your money. Main house 1068 Sqft boasts a brand-new kitchen, an elegant living room with fireplace and arcuate window, a sun-lit dining room with brand-new window, and a lovely breakfast room. Upstairs are two spacious bedrooms with large closets and the main bath. Basement with wall-to-ceiling closets is staged with a queen bed to demonstrate its potential. Laundry room leads to a large enclosed workshop/office, which further connects to a cozy sunroom, providing highly desired usable space. Garage converted ADU hosts a bedroom, living room and a full bath. Metal automatic gate opens to a covered driveway long enough for 2 cars. Large backyard hosts big storage shed, sitting area, fruit trees and garden boxes. Roof replaced in 2015, tankless water heater in 2010, and many upgrades in the house. Great Albany schools! The best value you can have at this price.

Last Agent to Sell the Property

Xiaoting Niu

Morgan Real Estate License #01955048 Listed on: 10/13/2021

Co-Listed By

Alexandra Zhou

Morgan Real Estate License #01949466

Last Buyer's Agent

Linda Yu

Compass License #02008801

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,218

Year Built

  • 1937

Lot Details

  • 5,001 Sq Ft Lot
  • Gated Home

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,068 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Workshop
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gas Oven
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 2 Carport Spaces
  • On-Street Parking

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,218

Year Built

1937

Lot Details

0

Listing Details

  • Zoning: SFR
  • Subclass: Single Family Home
  • Age: 84
  • Listing Class: Residential
  • Structure Sq Ft: 1068
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1937

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Room, Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Exhaust Fan, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1068
  • Stories: 2
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood
  • Additional Rooms: Laundry Room, Workshop
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Flat / Low Pitch
  • Fencing: Gate

Garage/Parking

  • Garage Parking Features: Carport, On Street
  • Carport Min: 2

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Albany City Unified

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Nov 2, 2021
Sold by
Min Guangwei and Chen Weilin
Bought by
Chan Jessica Bik Kwan and Wong Ginson Lee
Seller's Agent
Xiaoting Niu
Morgan Real Estate
Buyer's Agent
Linda Yu
Compass
List Price
$989,000
Sold Price
$1,285,000
Premium/Discount to List
$296,000
29.93%
Current Estimated Value
$1,218,043

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,957
Avg. Annual Appreciation
-1.39%
Original Mortgage
$1,028,000
Outstanding Balance
$944,217
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$273,826

Purchase Details

Closed on
Jun 22, 2021
Sold by
Min Guangwei and Min Wang Family Trust
Bought by
Min Guangwei and Chen Weilin

Purchase Details

Closed on
Nov 19, 2010
Sold by
Min Guangwei and Wang Zhen
Bought by
Min Guangwei and Wang Zhen

Purchase Details

Closed on
Oct 8, 2008
Sold by
Stevenson Andrew William and Samples Family Trust
Bought by
Wang Zheng and Min Guangwei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,400
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
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
Chan Jessica Bik Kwan $1,285,000 Old Republic Title Company
Min Guangwei -- Amrock
Min Guangwei -- None Available
Min Guangwei -- None Available
Wang Zheng $498,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Jessica Bik Kwan $1,028,000
Previous Owner Min Guangwei $349,000
Previous Owner Min Guangwei $357,000
Previous Owner Min Guangwei $367,000
Previous Owner Wang Zhen $383,000
Previous Owner Wang Zhen $383,000
Previous Owner Wang Zhen $396,000
Previous Owner Wang Zheng $398,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Sold $1,285,000 +29.9% $1,203 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $989,000 -- $926 / Sq Ft
Source: MLSListings

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 $19,218 $1,178,000 $355,500 $829,500
2024 $19,218 $1,178,000 $355,500 $829,500
2023 $20,893 $1,310,700 $393,210 $917,490
2022 $20,090 $1,278,000 $385,500 $899,500
2021 $10,645 $585,435 $177,730 $414,705
2020 $10,501 $586,364 $175,909 $410,455
2019 $10,266 $574,870 $172,461 $402,409
2018 $9,980 $563,601 $169,080 $394,521
2017 $9,731 $552,550 $165,765 $386,785
2016 $9,270 $541,718 $162,515 $379,203
2015 $8,673 $533,586 $160,076 $373,510
2014 $8,573 $523,138 $156,941 $366,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81866611

MLSListings

APN: 066-2810-024-00