NOT LISTED FOR SALE

7318 Waldo Ln El Cerrito, CA 94530

Estimated Value: $1,149,000 - $1,491,000

2 Beds
2 Baths
1,132 Sq Ft
$1,180/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $1,450,000 $1,281 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $8,727/month

12 Days on Market

Highlights

  • Views of Golden Gate Bridge
  • Wood Flooring
  • Granite Countertops
  • El Cerrito Senior High School Rated A-
  • Bonus Room
  • 2-minute walk to Cerrito Vista Park

About This Home

As of May 2022

El Cerrito is one of the best-kept secrets in the Bay Area. 7318 Waldo Lane offers a rare package of spaces with a primary residence, a casita, & a garage with a bonus room, all set on a 5,350 sq. ft. lot. Built in 1920, this charming view home was maintained with loving care. The main house features 2 beds and 1 bath with a highly functional open floor plan, new paint with designer colors, top-of-the-line lighting fixtures, & refinished hardwood & tile floors. The oversized backyard features a patio perfect for outdoor dining; a casita with a deck & hot tub; and 1-car garage with a generous back room ideal for use as an office, music room, art studio, or a spacious playroom. The neighborhood has parks, a pool, & shops & is easy to get around, close to BART, The Hillside Natural Area, Point Isabel Dog Park, & Berkeley Golf & Country Club. Live in the main home and rent out the casita, or reserve it as an in-law unit for family or guests. Enjoy abundant possibilities at 7318 Waldo Lane.

Last Agent to Sell the Property

Sunae Chon

Pinnacle Realty Advisors License #01209578 Listed on: 04/06/2022

Pinnacle Realty Advisors

Last Buyer's Agent

Simone Hoover

Compass License #01772901

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,438

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 5,350 Sq Ft Lot
  • Gated Home
  • Back and Front Yard Fenced
  • Wood Fence
  • Landscaped
  • Low Maintenance Yard

Property Views

  • Bay
  • Golden Gate Bridge
  • San Francisco
  • Views of the Bay Bridge
  • Bridge
  • City Lights
  • Mountain

Home Design

  • Stucco

Interior Spaces

  • 1-Story Property
  • Window Screens
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Double Oven
  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Butcher Block Countertops
  • Disposal

Flooring

  • Wood
  • Parquet
  • Tile

Bedrooms and Bathrooms

  • Studio bedroom
  • In-Law or Guest Suite
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer
  • Sink Near Laundry
  • 220 Volts In Laundry

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Car Detached Garage
  • Front Facing Garage
  • Tandem Parking
  • Garage Door Opener
  • Guest Parking
  • Uncovered Parking

Outdoor Features

  • Uncovered Courtyard
  • Patio

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • Separate Entry Quarters

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 503-350-031-4

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,438

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1920
  • Second Unit Private Entry: Yes
  • Accessory Dwelling Unit Second Unit: Yes
  • Special Features: None

Interior Features

  • Master Bedroom Features: Closet
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room Features: Dining Bar, Dining/Living Combo
  • Living Room Features: View
  • Appliances: Dishwasher, Disposal, Double Oven, Free Standing Gas Range, Free Standing Refrigerator, Hood Over Range, Tankless Water Heater
  • Bathroom Features: Shower Stall(s), Tile, Tub, Window
  • Flooring: Parquet, Tile, Wood
  • Kitchen Features: Breakfast Area, Butcher Block Counters, Granite Counter, Kitchen/Family Combo, Pantry Closet
  • Laundry Features: Dryer Included, Ground Floor, Inside Area, Sink, Washer Included
  • Main Level: Bedroom(s), Dining Room, Full Bath(s), Kitchen, Living Room
  • Room Type: Bonus Room, In Law Apartment, Kitchen, Laundry, Studio
  • Window Features: Window Screens

Exterior Features

  • Construction Materials: Stucco
  • Driveway Sidewalks: Paved Driveway
  • Exterior Features: Entry Gate, Uncovered Courtyard
  • Fencing: Back Yard, Front Yard, Wood
  • Patio And Porch Features: Uncovered Patio
  • Road Surface Type: Asphalt
  • View: Bay, Bay Bridge, Bridges, City, City Lights, Golden Gate Bridge, Mountains, San Francisco

Garage/Parking

  • Parking Access: Tandem
  • Parking Features: Detached, Garage Door Opener, Garage Facing Front, Guest Parking Available, Private, Uncovered Parking Spaces 2+
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 4.00

Utilities

  • Electric: 220 Volts in Laundry
  • Heating: Floor Furnace, Natural Gas
  • Security Features: Carbon Mon Detector, Fire Extinguisher, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 503-350-031-4
  • Lot Features: Garden, Landscape Back, Low Maintenance
  • Lot Size Acres: 0.1228
  • Lot Size Sq Ft: 5350.00
  • Lot Size Units: SqFt
  • Price Per Acre: 11807817.59

Multi Family

  • Second Unit Estimated Sq Ft: 375
  • Second Unit Bedrooms: 1
  • Second Unit Description: cottage
  • Second Unit Full Bathrooms: 1
  • Second Unit Occupied: No
  • Second Unit Partial Bathrooms: 0
  • Second Unit Type: Detached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2020
Sold by
Chon Sean Shinneung and Chon Jessica Ann
Bought by
Chon Sean S and Chon Jessica A
Current Estimated Value
$1,335,446

Purchase Details

Closed on
Feb 15, 2017
Sold by
Davis Mark and Zeppa Karen
Bought by
Chon Sean Shinneung and Chon Jessica Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$672,000
Outstanding Balance
$555,138
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$780,308

Purchase Details

Closed on
Jan 23, 2003
Sold by
Davis Mark
Bought by
Davis Mark and Davis Karen Zeppa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 13, 2003
Sold by
Davis Karen Zeppa
Bought by
Davis Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.85%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 2, 2001
Sold by
Davis Karen Zeppa and Davis Mark
Bought by
Davis Mark and Zeppa Davis Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2000
Sold by
Vincent Avelino & Dorothy Tre
Bought by
Zeppa Karen and Davis Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Chon Sean S -- None Available
Chon Sean Shinneung $840,000 Chicago Title Company
Davis Mark -- --
Davis Mark -- Placer Title
Davis Mark -- Placer Title Company
Zeppa Karen $280,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chon Sean Shinneung $672,000
Previous Owner Davis Mark $60,000
Previous Owner Davis Mark $300,000
Previous Owner Davis Mark $270,000
Previous Owner Zeppa Karen $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2022 05/09/22 Sold $1,450,000 +45.3% $1,281 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $998,000 -- $882 / Sq Ft
Source: San Francisco 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 $20,438 $1,538,751 $1,061,208 $477,543
2024 $20,055 $1,508,580 $1,040,400 $468,180
2023 $20,055 $1,479,000 $1,020,000 $459,000
2022 $13,022 $918,658 $816,405 $102,253
2021 $12,984 $900,647 $800,398 $100,249
2019 $12,185 $873,935 $776,658 $97,277
2018 $11,763 $856,800 $761,430 $95,370
2017 $5,560 $370,794 $201,288 $169,506
2016 $5,534 $363,525 $197,342 $166,183
2015 $5,549 $358,065 $194,378 $163,687
2014 $5,447 $351,052 $190,571 $160,481
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: San Francisco Association of REALTORS®

MLS Number: 422639835

San Francisco Association of REALTORS®

APN: 503-350-031-4