NOT LISTED FOR SALE

8612 Macarthur Blvd Oakland, CA 94605

Toler Heights Neighborhood

Estimated Value: $439,000 - $795,000

5 Beds
4 Baths
1,828 Sq Ft
$356/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $599,000 $328 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,991/month

39 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Forced Air Heating System
  • No HOA
  • Tankless Water Heater

About This Home

As of November 2020

Well maintained Duplex with all separate utilities (gas, electrical and water). Remodeled down to the studs in 2017 with upgraded electrical, plumbing, mechanical and roofing. Sewer Lateral Compliant. Guaranteed monthly rents through Oakland Housing Authority with the tenants paying utilities (electric, gas and water). High density development potential in the RU-4 zone with room for expansion. Accessible to transit with the adjacent duplex 8616- 8620 MacArthur Blvd also for sale.

Last Agent to Sell the Property

David Gunderman

Kw Advisors East Bay License #01313613 Listed on: 09/02/2020

Co-Listed By

Michael Bradley

Kw Advisors East Bay License #02040518

Last Buyer's Agent

Debbie Wong

Better Homes and Gardens Real Estate JFF License #01074881

Better Homes and Gardens Real Estate JFF

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Duplex
  • Composition Shingle Roof
  • Wood Shingle Exterior
  • Stucco

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 43A463926

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

6,500 Sq Ft Lot

Listing Details

  • Year Built: 1946
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Co List Office Mls Id: OBOKWOAK
  • Directions: I880/98th/MacArthur
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Tile, Wood
  • Appliances: Tankless Water Heater
  • Total Bedrooms: 5

Exterior Features

  • Roof: Composition Shingles
  • Lot Features: Level, Sloped Up
  • Construction Type: Stucco, Wood

Utilities

  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6500
  • Parcel Number: 43A463926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2020
Closed on
Nov 8, 2020
Sold by
Tran Tuong Xuan and Vu Quynh Tram
Bought by
Lotfi Mehr Negar
Seller's Agent
David Gunderman
Kw Advisors East Bay
Buyer's Agent
Debbie Wong
Better Homes and Gardens Real Estate JFF
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$609,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,827
Avg. Annual Appreciation
1.55%
Original Mortgage
$449,250
Outstanding Balance
$399,769
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$250,360

Purchase Details

Listed on
Sep 2, 2020
Closed on
Nov 4, 2020
Sold by
Lotfi Mehrnegar and Lotfi Mehr Negar
Bought by
Lotfi Mehrnegar and Mehrnegar Lotfi Revocable Trus
Seller's Agent
David Gunderman
Kw Advisors East Bay
Buyer's Agent
Debbie Wong
Better Homes and Gardens Real Estate JFF
List Price
$599,000
Sold Price
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,250
Outstanding Balance
$399,769
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$250,360

Purchase Details

Closed on
Jan 11, 2017
Sold by
Tran Phong and Le Nga
Bought by
Tran Tuong Xuan and Vu Quynh Tram Mai

Purchase Details

Closed on
Jan 6, 2016
Sold by
Pham An and Dam Minh
Bought by
Tran Phong and Le Nga

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.92%
Mortgage Type
Seller Take Back
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

Date Buyer Sale Price Title Company
Lotfi Mehr Negar $599,000 First American Title Company
Lotfi Mehrnegar -- First American Title Company
Tran Tuong Xuan $230,000 Chicago Title Company
Tran Phong $200,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lotfi Mehr Negar $449,250
Previous Owner Tran Phong $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Off Market $599,000 -- --
02/04/2025 02/04/25 Off Market $599,000 -- --
11/16/2020 11/16/20 Sold $599,000 0.0% $328 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $599,000 -- $328 / Sq Ft
Source: Bay East Association of REALTORS®

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 $10,237 $648,368 $194,510 $453,858
2024 $10,237 $635,658 $190,697 $444,961
2023 $10,713 $623,198 $186,959 $436,239
2022 $10,385 $610,980 $183,294 $427,686
2021 $9,801 $599,000 $179,700 $419,300
2020 $6,674 $373,085 $212,240 $160,845
2019 $6,297 $365,772 $208,080 $157,692
2018 $6,229 $358,600 $204,000 $154,600
2017 $4,028 $204,000 $193,800 $10,200
2016 $3,048 $142,134 $96,448 $45,686
2015 $3,413 $168,385 $59,700 $108,685
2014 $3,356 $165,087 $58,531 $106,556
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Gunderman

    Kw Advisors East Bay

    (510) 775-1079

    2 in this area

    459 Total Sales

    David Gunderman
    Section Image
  • Michael Bradley

    Seller Co-Listing Agent in 2020

    Michael Bradley

    Kw Advisors East Bay

    (510) 872-9654

    1 in this area

    70 Total Sales

    Michael Bradley
    Section Image
  • Debbie Wong

    Buyer's Agent in 2020

    Debbie Wong

    Better Homes and Gardens Real Estate JFF

    (650) 619-2790

    50 Total Sales

    Debbie Wong
    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 40919192

Bay East Association of REALTORS®

APN: 043A-4639-026-00

California Alameda County Oakland 94605 Toler Heights

8612 Macarthur Blvd, Oakland, CA

Not Listed for Sale

MultiFamily

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