NOT LISTED FOR SALE

Estimated Value: $1,498,794

-- Bed
7 Baths
2,872 Sq Ft
$522/Sq Ft Est. Value

Last Sold November 27, 2017

Last sale price $1,130,000 $393 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,214/month

111 Days on Market

Highlights

  • Accessible Kitchen
  • Terra Linda High School Rated A-
  • Central Air

About This Home

As of November 2017

2-level commercial/residential mixed-use building that offers added value with some TLC. It is located in the Fifth/Mission residential/office district. Zoned 5/M R/O, the non-conforming lot size would likely support incremental expansion of the building to optimize its use. The 1st floor tenant wellness center occupies 1,783 sq ft. The 2nd floor 1 BR units and total 1,100 sq ft. Off-street parking is provided.

Last Agent to Sell the Property

Ted Pugh

Inactive Office License #01954906 Listed on: 08/01/2017

Inactive Office

Co-Listed By

Keith Hennessey

Coldwell Banker Realty License #01952073

Last Buyer's Agent

Ted Pugh

Inactive Office License #01954906 Listed on: 08/01/2017

Inactive Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,947

Year Built

  • Built in 1916

Lot Details

  • 4,500

Home Design

  • 2,872 Sq Ft Home
  • Triplex
  • Concrete Foundation
  • Composition Roof

Utilities

  • Central Air
  • 220 Volts

Additional Features

  • Accessible Kitchen
  • 4,500 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 011-223-08

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,947

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Triplex
  • Directions To Property: Take Central San Rafael off 101, Turn left onto 5th Ave.
  • Lot Size Acres: 0.1033
  • CapRate: 5.00
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Craftsman
  • Special Features: None
  • Stories: 0

Interior Features

  • Accessibility Features: Accessible Kitchen
  • Price Per Square Foot: 393.45
  • Square Footage: 2872
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Features: CAR7

Utilities

  • Cooling: Central
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: NONE

Lot Info

  • Assessor Parcel Number: 011-223-08
  • Lot Size Sq Ft: 4500

Building Info

  • Year Built: 1916

Multi Family

  • NumberOfUnitsTotal: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2021
Sold by
Emke Kurt and Emke Francesca Pomilia
Bought by
830 Management Llc
Current Estimated Value
$1,498,794

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,106,000
Outstanding Balance
$1,010,027
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$488,767

Purchase Details

Listed on
Aug 1, 2017
Closed on
Nov 30, 2017
Sold by
Oleary Cornelius J
Bought by
Emke Kurt and Emke Frencesca Pomila
Seller's Agent
Ted Pugh
Inactive Office
Buyer's Agent
Ted Pugh
Inactive Office
List Price
$1,130,000
Sold Price
$1,130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$651,143
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 30, 1997
Sold by
Akhavan Siamak and Rostami Ali
Bought by
Oleary Cornelius J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 1996
Sold by
Jack Sumski
Bought by
Akhavan Siamak and Rostami Ali
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
830 Management Llc $1,475,000 Fidelity National Title
Emke Kurt $1,130,000 Old Republic Title Co
Oleary Cornelius J $350,000 California Land Title Co
Akhavan Siamak $210,000 Pacific Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 830 Management Llc $1,106,000
Previous Owner Emke Kurt $651,143
Previous Owner Oleary Cornelius J $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2017 11/27/17 Sold $1,130,000 0.0% $393 / Sq Ft
11/20/2017 11/20/17 Pending -- -- --
08/01/2017 08/01/17 For Sale $1,130,000 -- $393 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $22,947 $1,565,270 $1,002,834 $562,436
2024 $22,947 $1,534,590 $983,178 $551,412
2023 $22,297 $1,504,500 $963,900 $540,600
2022 $21,145 $1,475,000 $945,000 $530,000
2021 $17,821 $1,187,822 $662,237 $525,585
2020 $17,680 $1,175,652 $655,452 $520,200
2019 $17,094 $1,152,600 $642,600 $510,000
2018 $16,947 $1,130,000 $630,000 $500,000
2017 $9,084 $481,515 $154,085 $327,430
2016 $8,774 $472,076 $151,064 $321,012
2015 $8,392 $464,985 $148,795 $316,190
2014 $7,960 $455,878 $145,881 $309,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21718380

Bay Area Real Estate Information Services (BAREIS)

APN: 011-223-08