Seller's Agent in 2021
Vince Young
Madison Hunter
(415) 775-0000
1 in this area
4 Total Sales
893 Dwight Way Berkeley, CA 94710
West Berkeley NeighborhoodEstimated Value: $1,283,000 - $1,524,668
8
Beds
4
Baths
2,566
Sq Ft
$564/Sq Ft
Est. Value
Highlights
- Engineered Wood Flooring
- Corner Lot
- Video Cameras
- Rosa Parks Elementary School Rated A
- No HOA
- Tankless Water Heater
About This Home
As of July 2021Cash-flowing, tenant occupied 4-plex in Southwest Berkeley. Please contact listing broker for marketing package Strong in-place rents, $117k in GSI, 5.28% CAP, 12.7 GRM, 4.5% Cash on Cash @ 25% down. Close to Fourth Street shops, the Berkeley Marina and Emeryville Public Market. All units are 2-bedroom, 1-bath and have tenants who care about their surroundings. Light is great throughout the building and is beautifully maintained, features an outdoor charming garden patch, parking for each unit and Unit 897 enjoys their own private patio! Neighborhood amenities: 1.5 mi to Downtown Berkeley, 5 min drive to hwy 80 for a convenient 20 min commute to downtown SF, transit across the street to take you to UC Berkeley campus. Very close to University Ave, schools, parks, shopping and restaurants, 83 Walkscore. Units rent quickly and command top rents! Amazing investment opportunity for cash flow and appreciation for first time and savvy investors alike.
Last Buyer's Agent
Sherry Lau
eXp Realty of California License #02087010
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,829
Year Built
- Built in 1963
Lot Details
- 4,373 Sq Ft Lot
- Corner Lot
Home Design
- Quadruplex
- Bitumen Roof
- Wood Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,566 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Video Cameras
- Free-Standing Electric Range
Flooring
- Engineered Wood
- Carpet
- Laminate
- Tile
- Vinyl
Parking
- 4 Parking Spaces
- Uncovered Parking
- Off-Street Parking
Utilities
- Wall Furnace
- Separate Meters
- Tankless Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 0561940015
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2021
Closed on
Jul 28, 2021
Sold by
Lee Daniel
Bought by
Lau Sherry and Biehler Yoshlyuki
Seller's Agent
Vince Young
Madison Hunter
Buyer's Agent
Sherry Lau
eXp Realty of California
List Price
$1,575,000
Sold Price
$1,450,000
Premium/Discount to List
-$125,000
-7.94%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,333
Avg. Annual Appreciation
-0.26%
Original Mortgage
$1,087,500
Outstanding Balance
$991,441
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$443,154
Purchase Details
Closed on
Jun 12, 2017
Sold by
Chen Meng Qi
Bought by
Lee Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,650
Interest Rate
4.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 22, 2016
Sold by
Hinojosa Manuel A and Hinojosa Manuel A
Bought by
Hinojosa Manuel A and The Hinojosa Trust
Purchase Details
Closed on
Aug 2, 2005
Sold by
Hinojosa Manuel A and Hinojosa Christine D
Bought by
Hinojosa Manuel A and Hinojosa Christine D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,750
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 20, 2000
Sold by
Lam Milton and Lam Cynthia
Bought by
Hinojosa Manuel A and Hinojosa Christine C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,400
Interest Rate
8.62%
Purchase Details
Closed on
Jul 17, 1999
Sold by
Moore Carol A and Roy Larnders
Bought by
Lam Milton and Lam Cynthia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.64%
Mortgage Type
Balloon
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lau Sherry | $1,450,000 | First American Title Company | |
| Lee Daniel | -- | Chicago Title Company | |
| Lee Daniel | $1,310,000 | Chicago Title Company | |
| Hinojosa Manuel A | -- | None Available | |
| Hinojosa Manuel A | -- | Alliance Title Company | |
| Hinojosa Manuel A | $408,000 | Commonwealth Land Title Co | |
| Lam Milton | $255,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lau Sherry | $1,087,500 | |
| Previous Owner | Lee Daniel | $815,650 | |
| Previous Owner | Hinojosa Manuel A | $581,750 | |
| Previous Owner | Hinojosa Manuel A | $326,400 | |
| Previous Owner | Lam Milton | $204,000 | |
| Closed | Lam Milton | $25,500 | |
| Closed | Hinojosa Manuel A | $40,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2021 07/30/21 | Sold | $1,450,000 | -3.0% | $565 / Sq Ft |
| 06/22/2021 06/22/21 | Pending | -- | -- | -- |
| 06/17/2021 06/17/21 | Price Changed | $1,495,000 | -5.1% | $583 / Sq Ft |
| 05/24/2021 05/24/21 | For Sale | $1,575,000 | -- | $614 / Sq Ft |
Source: San Francisco Association of REALTORS® MLS
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 | $23,829 | $1,538,740 | $461,622 | $1,077,118 |
| 2024 | $23,829 | $1,508,580 | $452,574 | $1,056,006 |
| 2023 | $23,336 | $1,479,000 | $443,700 | $1,035,300 |
| 2022 | $22,914 | $1,450,000 | $435,000 | $1,015,000 |
| 2021 | $22,753 | $1,404,568 | $546,816 | $857,752 |
| 2020 | $21,501 | $1,390,172 | $541,212 | $848,960 |
| 2019 | $20,625 | $1,362,924 | $530,604 | $832,320 |
| 2018 | $20,280 | $1,336,200 | $520,200 | $816,000 |
| 2017 | $10,118 | $529,697 | $158,909 | $370,788 |
| 2016 | $9,645 | $519,314 | $155,794 | $363,520 |
| 2015 | $9,497 | $511,517 | $153,455 | $358,062 |
| 2014 | $9,639 | $501,500 | $150,450 | $351,050 |
Source: Public Records
Agents Affiliated with this Home
-
Vince Young
-
S
Buyer's Agent in 2021
Sherry Lau
eXp Realty of California
Map
Source: San Francisco Association of REALTORS® MLS
MLS Number: 421553751
APN: 056-1940-015-02
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