NOT LISTED FOR SALE

Estimated Value: $1,071,000 - $1,324,497

3 Beds
2 Baths
1,512 Sq Ft
$794/Sq Ft Est. Value

Last Sold November 30, 2013

Last sale price $635,000 $420 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,635/month

66 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • 2-minute walk to Ocean View Park
  • Albany Middle School Rated A
  • Wall to Wall Carpet

About This Home

As of November 2013

Albany School District, Desirable Neighborhood. 2 Unit, Unit #1 - 2 BDRM & 1 BA. Unit #2 - 1 BDRM plus an office & 1BA. New Paint. All separate meters. Tenants pay water, PG&E and garbage. All units have an attached garage and washer and dryer. Excellent location. 5-10mins driving distance to UC Berkerly campus. --------------------------------------------------------------------------------

Last Agent to Sell the Property

Anna Lam

Golden Star Mortgage & Real Estate License #01221015 Listed on: 09/03/2013

Last Buyer's Agent

Francesco Papalia

Winkler Real Estate Group License #01006270

Winkler Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,167

Year Built

  • 1952

Lot Details

  • 3,746

Parking

  • Private Parking

Home Design

  • Duplex

Interior Spaces

  • 1,512 Sq Ft Home
  • 2-Story Property
  • Wall to Wall Carpet
  • Oven or Range

Additional Features

  • Level Lot
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $37,800

Community Details

Overview

  • 1,512 Sq Ft Building

Building Details

  • Insurance Expense $1,000
  • Operating Expense $8,015
  • Gross Income $37,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,167

Year Built

1952

Lot Details

0

Listing Details

  • Zoning: R000
  • Subclass: Duplex
  • Age: 61
  • Inspections Reports: Fault Zone, Flood Zone
  • Sale Price Per Sq Ft: 419.97
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 1512
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Kitchen: Oven Range, Refrigerator
  • Living Sq Ft: 1512
  • Stories: 2
  • Laundry: Laundry Area - In All Units
  • Flooring: Carpet - Wall To Wall, Carpet

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer Or Septic Inspection Req'd

Schools

  • School District: Albany City Unified

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3750.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3750.00
  • Lot Size Area Min Search: 3750.00
  • Maximum Lot Size: 3750.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.43

Multi Family

  • Expense Insurance: 1000
  • Expenses Total: 8015
  • Income Annual Gross: 37800.00
  • Income Annual Rental: 37800
  • Income Gross Scheduled: 37800
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Insurance, Fee - Property Tax
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Utilities - Electric, Services - Trash Removal

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2021
Sold by
Azimi Mohammad and Azimi Anna
Bought by
Azimi Mohammad and Azimi Anna
Current Estimated Value
$1,200,624

Purchase Details

Closed on
Dec 6, 2015
Sold by
Farzaneh Azimi Hamid and Farzaneh Yahyael Moayyed
Bought by
Hfmv Properties California Llc

Purchase Details

Closed on
May 19, 2014
Sold by
Azimi Mohammad and Azimi Anna E
Bought by
Farzaneh Azimi Hamid and Farzaneh Yahyael Moayyed

Purchase Details

Listed on
Sep 3, 2013
Closed on
Nov 26, 2013
Sold by
Li Xiang Rong and Li Xiao Dan
Bought by
Azimi Mohammad and Azimi Anna E
Seller's Agent
Anna Lam
Golden Star Mortgage & Real Estate
Buyer's Agent
Francesco Papalia
Winkler Real Estate Group
List Price
$699,000
Sold Price
$635,000
Premium/Discount to List
-$64,000
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.51%
Original Mortgage
$508,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 1995
Sold by
Crews William O and Ruth D Prock Charitable Remain
Bought by
Li Xiang Rong and Li Xiao Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.74%
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
Azimi Mohammad -- Old Republic Title Company
Azimi Mohammad -- Old Republic Title Company
Hfmv Properties California Llc -- None Available
Farzaneh Azimi Hamid -- None Available
Azimi Mohammad $635,000 Old Republic Title Company
Li Xiang Rong $200,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Azimi Mohammad $508,000
Previous Owner Li Xiang Rong $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2013 11/30/13 Sold $635,000 -9.2% $420 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
09/03/2013 09/03/13 For Sale $699,000 -- $462 / 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 $15,167 $778,388 $233,516 $544,872
2024 $15,167 $763,130 $228,939 $534,191
2023 $14,632 $748,168 $224,450 $523,718
2022 $14,250 $733,500 $220,050 $513,450
2021 $14,034 $719,124 $215,737 $503,387
2020 $13,865 $711,751 $213,525 $498,226
2019 $13,543 $697,801 $209,340 $488,461
2018 $13,179 $684,123 $205,237 $478,886
2017 $12,845 $670,711 $201,213 $469,498
2016 $12,287 $657,561 $197,268 $460,293
2015 $11,554 $647,687 $194,306 $453,381
2014 $11,706 $635,000 $190,500 $444,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81332598

MLSListings

APN: 066-2727-009-00