$885,000
SOLD NOV 27, 2024
8 Beds
4 Baths
2,900 Sq Ft
5,584 Sq Ft Lot

Recently Sold

$305 Per Sq Ft

7% Above List Price

14 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • Back Yard
  • Carpet

About This Home

As of November 2024

Perfect Fourplex for the savvy investor. Make easy cash flow as one unit is vacant and the other three units are rented at near current HUD level market rate rents.

Last Agent to Sell the Property

Vikaas Dixit

License #01995656 Listed on: 09/05/2024

Last Buyer's Agent

Nkosi Groover

Kai Real Estate License #02147452

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,591

Year Built

  • Built in 1965

Lot Details

  • 5,584 Sq Ft Lot
  • Back Yard

Home Design

  • Quadruplex
  • Stucco

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • Covered Parking
  • On-Street Parking

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association
  • 2,900 Sq Ft Building
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 43460922

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,591

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Directions: right 90th ave, left on dowling st
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Carpet
  • Basement: None
  • Other Equipment: None
  • Total Bedrooms: 8

Exterior Features

  • Lot Features: Level
  • Construction Type: Stucco
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Covered, Street Parking

Utilities

  • Heating: Wall Furnace
  • 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: 5584
  • Parcel Number: 43460922
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Benjamin-Jaa Mersedis
Bought by
La Shae Benjamin Living Trust and Benjamin
Current Estimated Value
$878,000

Purchase Details

Listed on
Sep 5, 2024
Closed on
Oct 1, 2024
Sold by
Abid Husain By-Pass Trust and Gupta Kshitj
Bought by
Benjamin-Jaa Mersedis
Seller's Agent
Vikaas Dixit
Buyer's Agent
Nkosi Groover
Kai Real Estate
List Price
$829,999
Sold Price
$885,000
Premium/Discount to List
$55,001
6.63%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.93%
Original Mortgage
$973,400
Interest Rate
6.44%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 28, 2013
Sold by
Gupta Kshitj and Karnad Rubina
Bought by
Karnad Rubina and Abid Husain By Pass Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2011
Sold by
The Bank Of New York Mellon
Bought by
Husain Rubina and The Abid Husain By Pass Trust

Purchase Details

Closed on
Aug 30, 2011
Sold by
Gibson Delvono Ze
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 1, 2006
Sold by
Simpson John L and John L Simpson Revocable Trust
Bought by
Ze Gibson Delvono

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
7.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 21, 2005
Sold by
Simpson John L
Bought by
Simpson John L and John L Simpson Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2005
Sold by
Simpson John L and John L Simpson Revocable Trust
Bought by
Simpson John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1997
Sold by
Simpson John L
Bought by
Simpson John L and John L Simpson Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
7.46%

Purchase Details

Closed on
Jan 13, 1997
Sold by
Simpson John L
Bought by
Simpson John L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
7.46%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $885,000 First American Title
Grant Deed $885,000 First American Title
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Interfamily Deed Transfer -- First American Title Company
Grant Deed $237,000 Landsafe
Trustee Deed $476,184 Landsafe Title
Grant Deed $640,000 Fidelity National Title Co
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $973,400 Construction
Previous Owner $233,000 New Conventional
Previous Owner $448,000 Negative Amortization
Previous Owner $70,000 New Conventional
Previous Owner $41,000 Unknown
Previous Owner $129,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $885,000 -- --
11/27/2024 11/27/24 Sold $885,000 +6.6% $305 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $829,999 -- $286 / Sq Ft
Source: Bay East Association of REALTORS®

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 $7,591 $885,000 $265,500 $619,500
2024 $7,591 $291,711 $87,427 $204,284
2023 $7,708 $285,992 $85,713 $200,279
2022 $7,214 $280,384 $84,032 $196,352
2021 $6,448 $274,888 $82,385 $192,503
2020 $6,364 $272,072 $81,541 $190,531
2019 $5,832 $266,739 $79,943 $186,796
2018 $5,707 $261,511 $78,376 $183,135
2017 $5,358 $256,384 $76,839 $179,545
2016 $5,134 $251,357 $75,333 $176,024
2015 $5,097 $247,584 $74,202 $173,382
2014 $5,292 $242,734 $72,748 $169,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41072155

Bay East Association of REALTORS®

APN: 043-4609-022-00