Seller's Agent in 2021
Michael Ertem
Northern Crest Realty
(925) 577-0225
1 in this area
45 Total Sales
7864 Bancroft Ave Oakland, CA 94605
Eastmont NeighborhoodEstimated Value: $698,000 - $885,653
6
Beds
5
Baths
2,808
Sq Ft
$285/Sq Ft
Est. Value
Highlights
- Park or Greenbelt View
- Formal Entry
- Rectangular Lot
- No HOA
- Tile Flooring
- Back and Front Yard Fenced
About This Home
As of April 2021TWO UNITS - Live in one unit and the second one helps you to pay the mortgage. Excellent investment duplex property in Central Oakland. The Front Unit is VACANT and recently remodeled. The rear unit is tenant-occupied. Both units are three bedrooms and two and a half bathrooms and identical mirror images of each other. Each unit has separate gas, water, and electricity meter. The tenant pay for water, electricity & gas. Gated long side-yard with plenty of parking in the back. Conveniently located minutes from Coliseum Bart, I-580 and I-880 Freeways, New East Oakland light-rail, and the Coliseum Redevelopment project, Oakland International Airport.
Last Agent to Sell the Property
Northern Crest Realty License #01166436 Listed on: 03/31/2021
Last Buyer's Agent
Miles Tillman
Exp Realty Of California License #02048054
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,034
Year Built
- Built in 2004
Lot Details
- 4,400 Sq Ft Lot
- Back and Front Yard Fenced
- Rectangular Lot
Parking
- On-Street Parking
Home Design
- Duplex
- Wood Siding
Interior Spaces
- 6 Bedrooms
- Formal Entry
- Park or Greenbelt Views
- Carbon Monoxide Detectors
Flooring
- Carpet
- Laminate
- Tile
Laundry
- Laundry in unit
- Dryer
- Washer
- 220 Volts In Laundry
Utilities
- Wall Furnace
- Electricity To Lot Line
Community Details
- No Home Owners Association
- 2,808 Sq Ft Building
- Contra Costa Association
- Eastmont Subdivision
Listing and Financial Details
- Assessor Parcel Number 40338611
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2024
Sold by
Assured Lender Services Inc
Bought by
Velocity Commercial Cap Ln Tr and Us Bank Trust
Current Estimated Value
Purchase Details
Listed on
Mar 31, 2021
Closed on
Apr 26, 2021
Sold by
Velmurugan Satheesh
Bought by
Optimum Vigor Dev 7864 Bancroft Llc
Seller's Agent
Michael Ertem
Northern Crest Realty
Buyer's Agent
Miles Tillman
Exp Realty Of California
List Price
$725,000
Sold Price
$795,000
Premium/Discount to List
$70,000
9.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.13%
Original Mortgage
$795,000
Interest Rate
3%
Mortgage Type
Commercial
Purchase Details
Listed on
Aug 2, 2012
Closed on
Oct 9, 2012
Sold by
Nguyen Hung
Bought by
Velmurugan Satheesh
Seller's Agent
Primo Guzman
Intero Real Estate Services
Buyer's Agent
Donata Makuta
Donata Realty
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.47%
Original Mortgage
$201,000
Interest Rate
3.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 5, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Nguyen Hung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
4.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 23, 2009
Sold by
Williams Earl C and Williams Deboragh
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Jan 27, 2004
Sold by
Williams Earl C
Bought by
Williams Earl C and Williams Deboragh
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 29, 2003
Sold by
Williams Deborah H
Bought by
Williams Earl C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.75%
Mortgage Type
Construction
Purchase Details
Closed on
May 21, 2003
Sold by
Williams Bernice
Bought by
Williams Curtis D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.75%
Mortgage Type
Construction
Purchase Details
Closed on
May 19, 2003
Sold by
Williams Curtis D
Bought by
Williams Earl C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
5.75%
Mortgage Type
Construction
Purchase Details
Closed on
Jan 15, 1996
Sold by
Kitchel Claud and Kitchel Geraldine F
Bought by
Kitchel Claud and Kitchel Geraldine F
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Velocity Commercial Cap Ln Tr | $635,000 | None Listed On Document | |
| Optimum Vigor Dev 7864 Bancroft Llc | $795,000 | First American Title Company | |
| Velmurugan Satheesh | $340,000 | Old Republic Title Company | |
| Nguyen Hung | $220,000 | Lsi Title Agency Inc | |
| Deutsche Bank National Trust Company | $209,000 | Servicelink | |
| Williams Earl C | -- | Ticor Title Company Of Ca | |
| Williams Earl C | -- | Commonwealth Land Title Co | |
| Williams Curtis D | -- | Commonwealth Land Title Co | |
| Williams Earl C | $62,500 | Commonwealth Land Title | |
| Kitchel Claud | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Optimum Vigor Development 7864 | $600,000 | |
| Previous Owner | Optimum Vigor Dev 7864 Bancroft Llc | $795,000 | |
| Previous Owner | Velmurugan Satheesh | $201,000 | |
| Previous Owner | Nguyen Hung | $176,000 | |
| Previous Owner | Williams Earl C | $560,000 | |
| Previous Owner | Williams Earl C | $459,000 | |
| Previous Owner | Williams Earl C | $290,000 | |
| Previous Owner | Williams Earl C | $162,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $795,000 | -- | -- |
| 04/28/2021 04/28/21 | Sold | $795,000 | +9.7% | $283 / Sq Ft |
| 04/20/2021 04/20/21 | Pending | -- | -- | -- |
| 03/31/2021 03/31/21 | For Sale | $725,000 | +113.2% | $258 / Sq Ft |
| 10/19/2012 10/19/12 | Sold | $340,000 | -9.3% | $121 / Sq Ft |
| 09/11/2012 09/11/12 | Pending | -- | -- | -- |
| 08/02/2012 08/02/12 | For Sale | $375,000 | -- | $134 / Sq Ft |
Source: Contra Costa Association of REALTORS®
Tax History Compared to Growth
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 | $14,034 | $816,000 | $244,800 | $571,200 |
| 2024 | $14,034 | $843,653 | $253,096 | $590,557 |
| 2023 | $13,739 | $827,117 | $248,135 | $578,982 |
| 2022 | $13,337 | $810,900 | $243,270 | $567,630 |
| 2021 | $7,019 | $386,790 | $116,037 | $270,753 |
| 2020 | $7,185 | $382,825 | $114,847 | $267,978 |
| 2019 | $6,593 | $375,321 | $112,596 | $262,725 |
| 2018 | $6,457 | $367,964 | $110,389 | $257,575 |
| 2017 | $6,175 | $360,750 | $108,225 | $252,525 |
| 2016 | $5,940 | $353,677 | $106,103 | $247,574 |
| 2015 | $5,906 | $348,367 | $104,510 | $243,857 |
| 2014 | $6,279 | $341,543 | $102,463 | $239,080 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Ertem
-
M
Buyer's Agent in 2021
Miles Tillman
Exp Realty Of California
-
P
Seller's Agent in 2012
Primo Guzman
Intero Real Estate Services
-
Donata Makuta
D
Buyer's Agent in 2012
Donata Makuta
Donata Realty
(408) 205-5364
10 Total Sales
Map
Source: Contra Costa Association of REALTORS®
MLS Number: 40943562
APN: 040-3386-011-00
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Bay East ©2025. BridgeMLS ©2025, CCAR ©2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, BridgeMLS or CCAR MLS. 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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