NOT LISTED FOR SALE

957 Cornell Ave Albany, CA 94706

Estimated Value: $1,570,335 - $1,822,000

Studio
4 Baths
-- Sq Ft
5,000 Sq Ft Lot Lot

Sale Details

Date Sold: March 1, 2022

Last sale price $1,625,000 $0 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,449 / mo

11 Days on Market

Highlights

  • No HOA
  • Fenced Yard
  • Landscaped
  • Albany Middle School Rated A
  • 3 Car Attached Garage
  • Central Heating

About This Home

As of March 2022

Amazing investment opportunity to own a multi family home in Albany with great income potential! Great location, great schools and walking distance to Solano Shops and restaurants. The 3 units consist of a 3 bedroom, 2 bath downstairs unit with its own backyard plus 2 units upstairs that have 2 bedrooms and 1 bathroom. Each unit has its own covered garage parking plus the units have a secured on site laundry room.

Last Agent to Sell the Property

Tim Leingang

Granite Equity Group License #01801613 Listed on: 10/21/2021

Last Buyer's Agent

ROMAN FAN

KORMAN & NG License #01738033

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • 3 Car Attached Garage

Home Design

  • Triplex
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 6526-5628

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • #4 Regents Park Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 1 Vacant Unit
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,509
  • Maintenance Expense $900
  • Professional Management Expense $1,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

5,000 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Flats
  • Property Subtype 1: Triplex
  • Stories: 2
  • Year Built: 1968
  • Stories: 2
  • Subdivision: #4 Regents Park
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 500.62

Exterior Features

  • Construction Materials: Frame
  • Disclosures/Documents: Disclosure Package Available, Home Inspection Report, Natural Hazard Disclosure Available, Preliminary Title Report, Seller Property Questionnaire, Sewer or Septic Report, Structural Pest Control Report, Transfer Disclosure Statement
  • Exterior Features: Fenced Yard
  • Foundation: Slab
  • Listing Price: 1450000.00
  • Lot Features: Landscape Back, Landscape Front
  • Property Condition: Original

Garage/Parking

  • Garage Spaces: 3.00
  • Parking Features: Attached, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Security: Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Electric
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: In Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Albany City Unified

Lot Info

  • Zoning Description: Res
  • Irrigation: Public District
  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5000.00

Rental Info

  • Lease Term: Month To Month
  • Total # Leasable: 3

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1509
  • Maintenance Expense: 900
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 3
  • Number of Vacant Units: 1
  • Two Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 2
  • Two Bedroom Rent Range: $1995-$2000
  • Three Bedroom Rent Range: 2900

Tax Info

  • Assessor Parcel Number: 6526-5628
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Alameda

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Feb 24, 2022
Sold by
Bought by
Seller's Agent
Tim Leingang
Granite Equity Group
Buyer's Agent
ROMAN FAN
KORMAN & NG
List Price
$1,450,000
Sold Price
$1,625,000
Premium/Discount to List
$175,000
12.07%
Current Estimated Value
$1,677,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,084
Avg. Annual Appreciation
0.75%
Original Mortgage
$1,218,750
Outstanding Balance
$1,133,854
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$543,230

Purchase Details

Closed on
Dec 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Nov 3, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 3, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,625,000 Chicago Title
-- None Available
-- None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,218,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $1,625,000 0.0% --
03/01/2022 03/01/22 Off Market $1,625,000 -- --
11/01/2021 11/01/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $1,450,000 -- --
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $30,585 $1,724,450 $517,335 $1,207,115
2024 $30,585 $1,690,650 $507,195 $1,183,455
2023 $28,897 $1,657,500 $497,250 $1,160,250
2022 $7,841 $134,694 $58,683 $76,011
2021 $7,661 $132,054 $57,533 $74,521
2020 $7,434 $130,700 $56,943 $73,757
2019 $7,232 $128,138 $55,827 $72,311
2018 $7,073 $125,625 $54,732 $70,893
2017 $6,879 $123,162 $53,659 $69,503
2016 $6,653 $120,748 $52,607 $68,141
2015 $6,497 $118,934 $51,817 $67,117
2014 $6,858 $116,604 $50,802 $65,802
Source: Public Records

Agents Affiliated with this Home

  • Tim Leingang

    Seller's Agent in 2022

    Tim Leingang

    Granite Equity Group

    (916) 402-7152

    48 Total Sales

    Tim Leingang
    Section Image

  • R

    Buyer's Agent in 2022

    ROMAN FAN

    KORMAN & NG

See All Agents

Map

Source: MetroList

MLS Number: 221133921

MetroList

APN: 065-2656-028-00

California Alameda County Albany 94706

957 Cornell Ave, Albany, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.