B
Seller's Agent in 2021
Brian Leung
Compass Commercial
Estimated Value: $1,270,238 - $1,349,000
0.18
Acre
$7,441,017
Price per Acre
7,667
Sq Ft Lot
About This Lot
As of July 2021966-990 B Street is a 7,668 square foot vacant parcel of land in the heart of Downtown Hayward, California zoned for the mixed-use development of up to 11 multifamily units. The favorable Main Street (DM) Zoning allows up to seven stories to be constructed.* A highest and best use development could include ground floor retail, office or medical/life-sciences, and residences. This highly visible corner lot is located in an Opportunity Zone, which provides developers with tax incentives for reinvestment of capital gains to promote economic development and community re-investment projects in specific areas of the country. A heavy amount of traffic crosses the propertys cross streets of B, Mission, and Main Streets. The corner boasts an impressive daily traffic count of 27,648 and is Haywards busiest pedestrian thoroughfare - perfect for the development of retail units on its ground floor.
Last Agent to Sell the Property
Brian Leung
Compass Commercial License #01203473 Listed on: 10/23/2020
Co-Listed By
Jeremy Lee
Compass Commercial License #01951309
Last Buyer's Agent
RECIP
Out of Area Office License #00000000
Property Details
Property Type
- Land
Lot Details
- 7,667 Sq Ft Lot
- Chain Link Fence
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2020
Closed on
Jul 13, 2021
Sold by
Zaracotas Timoleon and Zaracotas Corinne
Bought by
Main B Developments Llc
Seller's Agent
Brian Leung
Compass Commercial
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,800,000
Sold Price
$1,313,000
Premium/Discount to List
-$487,000
-27.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,381
Avg. Annual Appreciation
-0.06%
Original Mortgage
$656,500
Outstanding Balance
$596,217
Interest Rate
2.96%
Mortgage Type
Commercial
Estimated Equity
$713,402
Purchase Details
Closed on
Jul 2, 2014
Sold by
Zaracotas Timoleon C and Zaracotas Corinne
Bought by
T Timoleon
Purchase Details
Closed on
Jun 27, 2000
Sold by
Wong Wah C and Wong Yuet C
Bought by
Zaracotas Timoleon C and Zaracotas Corinne
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Main B Developments Llc | $1,313,000 | Old Republic Title Company | |
| T Timoleon | -- | None Available | |
| Zaracotas Timoleon C | $500,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Main B Developments Llc | $656,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/29/2021 07/29/21 | Pending | -- | -- | -- |
| 07/20/2021 07/20/21 | Sold | $1,313,000 | -27.1% | -- |
| 10/23/2020 10/23/20 | For Sale | $1,800,000 | -- | -- |
Source: MLSListings
Tax History Compared to Growth
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 | $20,625 | $1,393,355 | $1,393,355 | -- |
| 2024 | $20,625 | $1,366,045 | $1,366,045 | -- |
| 2023 | $17,010 | $1,339,260 | $1,339,260 | $0 |
| 2022 | $16,689 | $1,313,000 | $1,313,000 | $0 |
| 2021 | $3,044 | $163,285 | $163,285 | $0 |
| 2020 | $4,936 | $296,871 | $161,611 | $135,260 |
| 2019 | $10,731 | $688,884 | $158,443 | $530,441 |
| 2018 | $10,173 | $675,379 | $155,337 | $520,042 |
| 2017 | $8,297 | $662,139 | $152,292 | $509,847 |
| 2016 | $7,840 | $649,159 | $149,306 | $499,853 |
| 2015 | $7,681 | $639,409 | $147,064 | $492,345 |
| 2014 | $7,294 | $626,884 | $144,183 | $482,701 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2021
Jeremy Lee
Compass Commercial
-
R
Buyer's Agent in 2021
RECIP
Out of Area Office
Map
Source: MLSListings
MLS Number: ML81817154
APN: 428-0056-057-00
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