NOT LISTED FOR SALE

8616 Macarthur Blvd Oakland, CA 94605

Toler Heights Neighborhood

Estimated Value: $565,000 - $716,000

5 Beds
4 Baths
2,249 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $600,000 $267 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,285/month

Highlights

  • No HOA
  • Rectangular Lot
  • Heating Available

About This Home

As of May 2021

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

Last Agent to Sell the Property

David Gunderman

Kw Advisors East Bay License #01313613 Listed on: 05/10/2021

Co-Listed By

Michael Bradley

Kw Advisors East Bay License #02040518

Last Buyer's Agent

OUT OF AREA OUT

OUT OF AREA - NON MEMBER License #88888888

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 6,500 Sq Ft Lot
  • Rectangular Lot

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Heating Available

Community Details

  • No Home Owners Association
  • 2,249 Sq Ft Building
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 43A463925

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

6,500 Sq Ft Lot

Listing Details

  • Year Built: 1928
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: OBOKWOAK
  • Directions: I880/98th/MacArthur
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement: None
  • Total Bedrooms: 5

Exterior Features

  • Lot Features: Regular
  • Construction Type: Other
  • Exterior Features: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Heating: Other
  • Utilities: All Public Utilities
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6500
  • Parcel Number: 43A463925
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
May 5, 2021
Sold by
Tran Tuong Xuan and Vu Quynh Tram
Bought by
Lotfi Mehrnegar and The 2018 Mehrnegar Lotfi Revoc
Seller's Agent
David Gunderman
Kw Advisors East Bay
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Current Estimated Value
$673,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,185
Avg. Annual Appreciation
1.51%
Original Mortgage
$450,000
Outstanding Balance
$407,812
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$237,334

Purchase Details

Closed on
Aug 23, 2016
Sold by
Pham An T and Dam Minh T
Bought by
Tran Tuong Xuan and Vu Quynh Tram Mai

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
3.42%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 9, 2015
Sold by
Fremont Homes & Loans Inc
Bought by
Pham An T and Dam Minh T

Purchase Details

Closed on
Jan 5, 2015
Sold by
Allen Evelyn W and Abram Evelyn W
Bought by
Fremont Homes & Loans Inc

Purchase Details

Closed on
Jul 8, 2010
Sold by
Thompkins Joe
Bought by
Thompkins Monica

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
4.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 2010
Sold by
Abram Evelyn
Bought by
Thompkins Monica

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
4.68%
Mortgage Type
Commercial
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 Mehrnegar $600,000 First American Title Company
Tran Tuong Xuan $250,000 Chicago Title Company
Pham An T $195,000 Chicago Title Company
Fremont Homes & Loans Inc $86,000 None Available
Thompkins Monica -- Placer Title Co
Thompkins Monica -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lotfi Mehrnegar $450,000
Previous Owner Tran Tuong Xuan $100,000
Previous Owner Thompkins Monica $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $600,000 -- --
05/11/2021 05/11/21 Sold $600,000 +0.2% $267 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $599,000 -- $266 / 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 $9,842 $649,451 $194,835 $454,616
2024 $9,842 $636,720 $191,016 $445,704
2023 $10,332 $624,240 $187,272 $436,968
2022 $10,187 $612,000 $183,600 $428,400
2021 $6,441 $367,908 $209,077 $158,831
2020 $6,369 $364,138 $206,934 $157,204
2019 $6,089 $357,000 $202,878 $154,122
2018 $4,842 $255,000 $198,900 $56,100
2017 $4,648 $250,000 $195,000 $55,000
2016 $3,803 $197,973 $96,448 $101,525
2015 $1,621 $37,128 $19,176 $17,952
2014 $1,908 $36,400 $18,800 $17,600
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    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 2021

    Michael Bradley

    Kw Advisors East Bay

    (510) 872-9654

    1 in this area

    70 Total Sales

    Michael Bradley
    Section Image

  • O

    Buyer's Agent in 2021

    OUT OF AREA OUT

    OUT OF AREA - NON MEMBER

See All Agents

Map

Source: Bay East Association of REALTORS®

MLS Number: 40949244

Bay East Association of REALTORS®

APN: 043A-4639-025-00

California Alameda County Oakland 94605 Toler Heights

8616 Macarthur Blvd, Oakland, CA

Not Listed for Sale

MultiFamily

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