NOT LISTED FOR SALE

Estimated Value: $1,076,057 - $1,407,000

4 Beds
4 Baths
4,800 Sq Ft
$262/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2022

Last sale price $1,260,000 $262 Per Sq Ft

Current estimated payment $8,392 / mo

19 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Fireplace
  • Wood Flooring
  • Cul-De-Sac
  • Security Gate

About This Home

As of June 2022

Marketing package copy/paste: This midcentury triplex near Lake Merritt is perfect for an owner-occupant looking to offset their mortgage with rental income. All three units–including one 2-bed, 2-bath and two 1-bed, 1-baths—have been thoroughly renovated and are move-in ready. The second floor units offer tree-shaded balconies and great views of the Oakland Hills. An impressive list of improvements includes a remodeled kitchen and baths, refinished hardwood floors, fresh paint inside and out, and extensive system upgrades. All units come with separate garage parking as well as off-street tandem spaces and shared laundry access. An excellent commuter location, Cleveland Heights is one of the best neighborhoods in the East Bay. With beautiful Lake Merritt just steps away, the property is ideally situated close to bars, restaurants, shops, and nearby parks. Smart investors will immediately recognize the massive potential in this income-generating property!

Last Agent to Sell the Property

Jatin Mehta

Kite Hill Real Estate License #02045713 Listed on: 04/30/2022

Last Buyer's Agent

Out Of Area Non Member

Bay East Aor

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 4,800 Sq Ft Lot
  • Cul-De-Sac

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • Fireplace
  • Wood Flooring
  • City Lights Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Window Bars
  • Security Gate
  • Fire and Smoke Detector

Parking

  • 6 Car Garage
  • Front Facing Garage
  • Garage Door Opener

Additional Features

  • Outdoor Storage
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 4,800 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 23435122

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

4,800 Sq Ft Lot

Listing Details

  • Year Built: 1955
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Directions: google maps
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Flooring: Hardwood Flrs Throughout
  • Basement: None
  • Appliances: Washer
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Cul-De-Sac
  • View: City Lights
  • View: Yes
  • Construction Type: Stucco
  • Exterior Features: Storage Area

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Door Opener, Garage Faces Front
  • Total Parking Spaces: 6

Utilities

  • Heating: Wall Furnace
  • Utilities: Cable Available, Individual Electric Meter, Individual Gas Meter, Master Electric Meter, Master Gas Meter
  • Cooling: No Air Conditioning
  • Laundry Features: Dryer, Laundry Room, Washer
  • Security: Security Gate, Smoke Detector(s), Window Bars
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4800
  • Parcel Number: 23435122
  • ResoLotSizeUnits: Acres

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
Apr 30, 2022
Closed on
May 25, 2022
Sold by
Bought by
Seller's Agent
Jatin Mehta
Kite Hill Real Estate
Buyer's Agent
Out Of Area Non Member
Bay East Aor
List Price
$1,300,000
Sold Price
$1,260,000
Premium/Discount to List
-$40,000
-3.08%
Current Estimated Value
$1,258,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,486
Avg. Annual Appreciation
-0.03%
Original Mortgage
$0
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 10, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 12, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.43%

Purchase Details

Closed on
Dec 2, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
7.81%
Mortgage Type
FHA
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

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
$1,260,000 Old Republic Title
-- Old Republic Title
$220,000 Fidelity National Title Co
$343,650 Accommodation
-- None Available
-- First California Title Co
$12,500 North American Title Co
$182,500 Chicago 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
Closed $0
Previous Owner $512,000
Previous Owner $25,000
Previous Owner $202,500
Closed $0
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
02/04/2025 02/04/25 Off Market $1,260,000 -- --
06/03/2022 06/03/22 Sold $1,260,000 -3.1% $263 / Sq Ft
05/19/2022 05/19/22 Pending -- -- --
04/30/2022 04/30/22 For Sale $1,300,000 -- $271 / Sq Ft
Source: bridgeMLS

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 $19,620 $1,337,111 $401,133 $935,978
2024 $19,620 $1,310,903 $393,271 $917,632
2023 $20,637 $1,285,200 $385,560 $899,640
2022 $6,365 $267,585 $80,275 $187,310
2021 $5,773 $262,340 $78,702 $183,638
2020 $5,702 $259,651 $77,895 $181,756
2019 $5,286 $254,561 $76,368 $178,193
2018 $5,177 $249,571 $74,871 $174,700
2017 $4,892 $244,678 $73,403 $171,275
2016 $4,680 $239,883 $71,965 $167,918
2015 $4,649 $236,281 $70,884 $165,397
2014 $4,803 $231,654 $69,496 $162,158
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40991167

bridgeMLS

APN: 023-0435-012-02

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