NOT LISTED FOR SALE

Estimated Value: $1,279,000 - $1,614,000

7 Beds
4 Baths
2,860 Sq Ft
$491/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $1,369,000 $479 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $8,519/month

28 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Carpet
  • Albany Middle School Rated A
  • Coin Laundry
  • 4-minute walk to Ocean View Park

About This Home

As of August 2024

Rare Investment Opportunity in Prime Albany! Don't miss your chance to own three units in the heart of Albany! Perfect for investors or homeowners looking for additional income, this property boasts, Two spacious 2-bedroom, 1-bathroom units. One potential owner's unit with 3 bedrooms and 2 bathrooms. Carport spaces for each unit and extra storage units. Well-maintained with a brand-new roof and super spacious interiors. Seize this rare opportunity to invest in Albany's thriving real estate market! Conveniently located with easy access to transportation, Solano Ave shopping center, and schools. Plus, enjoy quick access to HWY 80, just minutes away from San Francisco!

Last Agent to Sell the Property

Michele Manzone

Compass License #01028002 Listed on: 05/03/2024

Compass

Last Buyer's Agent

Leslie Manzone

Compass License #01120753

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 5,000

Home Design

  • Triplex
  • Stucco

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Carport

Utilities

  • Wall Furnace
  • Gas Water Heater

Additional Features

  • City Lights Views
  • 5,000 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 066272801622

Community Details

Overview

  • No Home Owners Association
  • 2,860 Sq Ft Building
  • Contra Costa Association

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Year Built: 1965
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: CCENGEL02
  • Directions: Solano to Pierce Building located before Marin
  • Carport Y N: Yes
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Carpet
  • Basement: None
  • Appliances: Gas Water Heater
  • Total Bedrooms: 7
  • Fireplace: No
  • Interior Amenities: Storage Area(s), Tub w/Shower Over

Exterior Features

  • Lot Features: Other
  • View: City Lights
  • View: Yes
  • Construction Type: Stucco
  • Exterior Features: Yard Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport - 2 Or More
  • Total Parking Spaces: 3

Utilities

  • Heating: Wall Furnace
  • Cooling: No Air Conditioning
  • Laundry Features: Coin Operated, Common Area
  • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association Name: CONTRA COSTA
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5000
  • Parcel Number: 066272801622
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Aug 7, 2024
Sold by
Downey Family Trust and Teresa Nicoletti Revocable Trust
Bought by
Narula Family Trust and Narula
Seller's Agent
Michele Manzone
Compass
Buyer's Agent
Leslie Manzone
Compass
List Price
$1,425,000
Sold Price
$1,369,000
Premium/Discount to List
-$56,000
-3.93%
Views
15
Current Estimated Value
$1,404,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,807
Avg. Annual Appreciation
1.82%
Original Mortgage
$400,000
Outstanding Balance
$395,543
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$1,009,264

Purchase Details

Closed on
Jun 24, 2019
Sold by
Nicoletti Teresa
Bought by
Nicoletti Teresa and Teresa Nicoletti Revocable Tru

Purchase Details

Closed on
Jun 21, 2019
Sold by
Downey Rosetta A
Bought by
Downey Rosetta A and Downey Michael R

Purchase Details

Closed on
Jun 5, 2019
Sold by
Downey Rosetta A and Nicoletti Teresa
Bought by
Downey Rosetta A and Nicoletti Teresa

Purchase Details

Closed on
Apr 23, 1998
Sold by
Suico Patricia V
Bought by
Addiego Beniamino and Addiego Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Narula Family Trust $1,369,000 Old Republic Title
Nicoletti Teresa -- None Available
Downey Rosetta A -- None Available
Downey Rosetta A -- None Available
Downey Rosetta A -- None Available
Addiego Beniamino $367,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narula Family Trust $400,000
Previous Owner Addiego Beniamino $174,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,369,000 -- --
08/15/2024 08/15/24 Sold $1,369,000 -3.9% $479 / Sq Ft
05/31/2024 05/31/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $1,425,000 -- $498 / Sq Ft
Source: Contra Costa 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 $14,950 $1,369,000 $410,700 $958,300
2024 $14,950 $564,806 $169,518 $395,288
2023 $13,702 $553,733 $166,195 $387,538
2022 $13,411 $542,877 $162,937 $379,940
2021 $13,176 $532,235 $159,743 $372,492
2020 $12,966 $526,778 $158,105 $368,673
2019 $12,647 $516,450 $155,005 $361,445
2018 $12,328 $506,325 $151,966 $354,359
2017 $12,008 $496,399 $148,987 $347,412
2016 $11,529 $486,668 $146,066 $340,602
2015 $10,977 $479,359 $143,873 $335,486
2014 $11,359 $469,969 $141,054 $328,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Contra Costa Association of REALTORS®

MLS Number: 41058376

Contra Costa Association of REALTORS®

APN: 066-2728-016-02