NOT LISTED FOR SALE

907 Talbot Ave Albany, CA 94706

Estimated Value: $1,153,000 - $1,977,342

4 Beds
2 Baths
1,859 Sq Ft
$777/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $1,315,000 $707 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,220/month

16 Days on Market

Highlights

  • Tile Flooring
  • Washer and Dryer
  • 3-minute walk to Ohlone Greenway Exercise Yard
  • Albany Middle School Rated A

About This Home

As of May 2021

Exciting and rare opportunity in Albany, great location, excellent schools, good conditions with hardwood floor in 2 units. Ideally for living in one unit and rent another unit for extra income. Two 2 bedroom/1 bathroom units, both have 1-car garage. Very easy to convert the property to 3 bedroom 1 bathroom and 1 bed 1 bath unit. Cornell Elementary School is just across the street, walking distance to all 3 schools. Walking distance to Solano Street, a stopping street with great restaurant and stores. Walkable to El Cerrito Plaza Bart Station. Easy access to Berkeley, San Francisco by bus, bike, car. Long term tenants, separated meters. Tenants occupied, don't disturb tenants. Contact listing agent for showing schedule on 3/29.

Last Agent to Sell the Property

Vicki Xie

Giant Realty Inc. License #01797505 Listed on: 03/13/2021

Last Buyer's Agent

Shelly Ouyang

Shelly Ouyang, Broker License #01914048

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,021

Year Built

  • 1945

Lot Details

  • 5,001 Sq Ft Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,859 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer

Flooring

  • Laminate
  • Tile
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $65,400

Community Details

Overview

  • 1,859 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $1,000
  • Maintenance Expense $1,000
  • Operating Expense $10,184
  • Gross Income $65,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,021

Year Built

1945

Lot Details

0

Parking

2

Listing Details

  • Zoning: residential
  • Subclass: Duplex
  • Age: 76
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1859
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Interior Features

  • Living Sq Ft: 1859
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Albany City Unified

Lot Info

  • Lot Acres: 0.1148
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5000.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month
  • Gross Rent Multiplier: 21.02
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1000
  • Expense Maintenance: 1000
  • Expenses Total: 10184
  • Income Annual Gross: 65400.00
  • Income Annual Rental: 65400
  • Income Gross Scheduled: 65400
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Operating Expenses Include: Insurance, Loan - Mortgage, Maintenance
  • Tenant Expenses: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Apr 30, 2021
Sold by
Hwang Ching Sheng and Chi Shirley T
Bought by
Zou Chaoqun and Yue Yabo
Seller's Agent
Vicki Xie
Giant Realty Inc.
Buyer's Agent
Shelly Ouyang
Shelly Ouyang, Broker
List Price
$1,375,000
Sold Price
$1,315,000
Premium/Discount to List
-$60,000
-4.36%
Current Estimated Value
$1,500,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$185,994
Avg. Annual Appreciation
2.80%
Original Mortgage
$986,250
Outstanding Balance
$913,275
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$566,840

Purchase Details

Closed on
Dec 15, 1993
Sold by
Hwang Ching Sheng and Chi Shirley T
Bought by
Hwang Ching Sheng and Chi Shirley T
Source: Public Records

Range of Values:

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Average Value
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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
Zou Chaoqun $1,315,000 Chicago Title Company
Hwang Ching Sheng -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zou Chaoqun $986,250
Previous Owner Hwang Ching Sheng $143,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $1,315,000 -4.4% $707 / Sq Ft
03/30/2021 03/30/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $1,375,000 -- $740 / Sq Ft
Source: MLSListings

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 $24,021 $1,416,381 $427,014 $996,367
2024 $24,021 $1,388,477 $418,643 $976,834
2023 $23,163 $1,368,125 $410,437 $957,688
2022 $22,448 $1,334,300 $402,390 $938,910
2021 $8,371 $308,154 $273,744 $34,410
2020 $8,184 $304,995 $270,938 $34,057
2019 $7,982 $299,015 $265,626 $33,389
2018 $7,782 $293,153 $260,418 $32,735
2017 $7,578 $287,406 $255,313 $32,093
2016 $7,279 $281,771 $250,307 $31,464
2015 $6,953 $277,540 $246,549 $30,991
2014 $7,083 $272,104 $241,720 $30,384
Source: Public Records

Agents Affiliated with this Home

  • Vicki Xie

    Seller's Agent in 2021

    Vicki Xie

    Giant Realty Inc.

    (408) 904-8402

    59 Total Sales

    Section Image

  • S

    Buyer's Agent in 2021

    Shelly Ouyang

    Shelly Ouyang, Broker

See All Agents

Map

Source: MLSListings

MLS Number: ML81834018

MLSListings

APN: 065-2653-050-00

California Alameda County Albany 94706

907 Talbot Ave, Albany, CA

This home is located at 907 Talbot Ave, Albany, CA 94706 since 13 March 2021 and is currently estimated at $1,444,586, approximately $777 per square foot. This property was built in 1945. 907 Talbot Ave is a home located in Alameda County with nearby schools including Albany Middle School, Albany High School, and Tilden Preparatory School - Albany.

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