NOT LISTED FOR SALE

Estimated Value: $1,204,000 - $1,713,000

6 Beds
4 Baths
3,573 Sq Ft
$428/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $1,800,000 $504 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $10,081/month

15 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Double Pane Windows
  • Maya Lin School Rated A-
  • Attached Garage
  • Forced Air Heating System

About This Home

As of August 2022

Rare opportunity to acquire 2 homes on 1 large lot in West Alameda! Built in 1958 (per public records), the homes have been recently updated & offer a combined 6BR and 4BA w/dedicated utilities per unit. Home A features 2BR/2BA, formal LR w/ a fireplace, large eat-in kitchen, laundry room plus a 2-car garage w/ bonus storage room & half BA. Home B has 4BR/2BA, open LR/DR, updated kitchen & a laundry room. Both homes: Refinished or new floors, new interior/exterior paint, new light fixtures. Live in one home & rent the other, long/short term. Houses are semi-attached, offering the potential for combining both houses into one large home. Having 2 separate homes on one property offers many flexible options for the homeowner, including income opportunities and/or multigenerational living. Around the corner from the playgrounds/gardens at Jean Sweeney Open Space & close to downtown Webster St & the many amenities at Alameda Landing. Easy access to COA, Webster Tube/freeways & SF Ferry!

Last Agent to Sell the Property

Kate McCaffrey

Compass License #01355206 Listed on: 06/16/2022

Compass

Co-Listed By

Courtney Bergin

Compass License #02117395

Last Buyer's Agent

Jeff Goodman

Compass License #01338912

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 7,500 Sq Ft Lot
  • Fenced
  • Front and Side Yard Sprinklers
  • Back and Front Yard

Home Design

  • Duplex

Interior Spaces

  • Double Pane Windows
  • Washer and Dryer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Laminate
  • Tile

Parking

  • Attached Garage
  • Off-Street Parking

Utilities

  • Forced Air Heating System
  • Floor Furnace

Community Details

  • No Home Owners Association
  • 3,573 Sq Ft Building
  • Bay East Association
  • West Alameda Subdivision

Listing and Financial Details

  • Assessor Parcel Number 733824

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Year Built: 1958
  • Property Sub Type: 2HOUSES-1LOT
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: OBBPACUN 02
  • Subdivision Name: WEST ALAMEDA
  • Directions: Buena Vista to Chapin
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood Flrs Throughout, Laminate, Tile
  • Basement: Unfinished
  • Other Equipment: None
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Fenced
  • Lot Features: 2 Houses / 1 Lot
  • Exterior Features: Back Yard, Front Yard, Side Yard, Sprinklers Front, Sprinklers Side, Lawn Sprinkler

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Off Street

Utilities

  • Heating: Floor Furnace, Forced Air
  • Cooling: No Air Conditioning
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 7500
  • Parcel Number: 733824
  • ResoLotSizeUnits: Acres

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 29, 2022
Sold by
Drake Swanson
Bought by
Ramsey Kimberly
Seller's Agent
Kate McCaffrey
Compass
Buyer's Agent
Jeff Goodman
Compass
List Price
$1,195,000
Sold Price
$1,800,000
Premium/Discount to List
$605,000
50.63%
Current Estimated Value
$1,529,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$270,704
Avg. Annual Appreciation
-4.64%
Original Mortgage
$1,350,000
Outstanding Balance
$1,291,712
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$237,584

Purchase Details

Listed on
Jun 16, 2022
Closed on
Jul 25, 2022
Sold by
Peter Chong Michael
Bought by
Ramsey Kimberly and Ramsey Lisa Bertucio
Seller's Agent
Kate McCaffrey
Compass
Buyer's Agent
Jeff Goodman
Compass
List Price
$1,195,000
Sold Price
$1,800,000
Premium/Discount to List
$605,000
50.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Outstanding Balance
$1,291,712
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$237,584

Purchase Details

Closed on
Apr 8, 2021
Sold by
Chong Michael Peter
Bought by
Chong Michael Peter and Yip Erika C

Purchase Details

Closed on
Jun 29, 2020
Sold by
Chong Michael Peter and Yip Erika C
Bought by
Chong Michael Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2018
Sold by
Chong Michael and Yip Erika C
Bought by
Chong Michael Peter and Yip Erika C

Purchase Details

Closed on
Mar 31, 2003
Sold by
Chong Michael and Yip Erika C
Bought by
Chong Michael and Yip Erika C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 1999
Sold by
Pamiroyan Luz A
Bought by
Chong Michael and Yip Erika C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 1999
Sold by
Pamiroyan Luz A
Bought by
Pamiroyan Luz A and Pamiroyan Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.98%
Mortgage Type
Commercial
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
Ramsey Kimberly -- Fidelity National Title
Ramsey Lisa Bertucio -- Fidelity National Title
Ramsey Kimberly $1,800,000 Fidelity National Title
Chong Michael Peter -- None Available
Chong Michael Peter $504,000 Orange Coast Title Company
Chong Michael Peter -- None Available
Chong Michael -- Alliance Title Company
Chong Michael $380,000 North American Title Co
Pamiroyan Luz A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsey Kimberly $1,350,000
Previous Owner Chong Michael Peter $504,000
Previous Owner Chong Michael $272,000
Previous Owner Chong Michael $285,000
Closed Chong Michael $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,800,000 -- --
08/01/2022 08/01/22 Sold $1,800,000 +50.6% $504 / Sq Ft
07/01/2022 07/01/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $1,195,000 -- $334 / 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 $25,964 $1,865,720 $561,816 $1,310,904
2024 $25,964 $1,829,000 $550,800 $1,285,200
2023 $24,946 $1,800,000 $540,000 $1,260,000
2022 $10,351 $561,343 $168,403 $392,940
2021 $10,130 $550,338 $165,101 $385,237
2020 $10,016 $544,695 $163,408 $381,287
2019 $8,927 $534,017 $160,205 $373,812
2018 $8,721 $523,548 $157,064 $366,484
2017 $8,370 $513,284 $153,985 $359,299
2016 $8,363 $503,221 $150,966 $352,255
2015 $8,328 $495,664 $148,699 $346,965
2014 $8,126 $485,954 $145,786 $340,168
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40998045

Bay East Association of REALTORS®

APN: 073-0382-004-00