NOT LISTED FOR SALE

Estimated Value: $592,000 - $770,795

5 Beds
2 Baths
1,560 Sq Ft
$437/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $741,000 $475 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $4,727/month

31 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • 1-Story Property
  • 1-minute walk to Elmhurst Park

About This Home

As of September 2020

Great opportunity in Oakland : This charming almost new duplex is now available. Perfect for a first time Buyers or investors (live in one and rent the other one) the 3/1 unit rents for $3000 and the 2/1 is brand new and vacant you can rent for $2350 or more, close to freeways (880 and 580 ) easy access to shopping malls, walking distance to schools and public parks . Unit 2 is brand new with all the necessary permits and license

Last Agent to Sell the Property

Carlos Garcia

Coldwell Banker Realty License #01363004 Listed on: 06/10/2020

Coldwell Banker Realty

Last Buyer's Agent

David Newton

Coldwell Banker Realty License #01966208

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,265

Year Built

  • 1900

Lot Details

  • 3,751

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • On-Street Parking
  • Off-Street Parking

Additional Features

  • 3,751 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $64,200

Community Details

Overview

  • 1,560 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Gardener Expense $100
  • Insurance Expense $840
  • Maintenance Expense $100
  • Manager Expense $100
  • Other Expense $100
  • Trash Expense $840
  • Operating Expense $6,205
  • Gross Income $57,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,265

Year Built

1900

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 120
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1560
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Living Sq Ft: 1560
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab, Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking, On Street

Utilities

  • Cooling System: Central Ac, Central Forced Air - Gas
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Oakland Unified

Lot Info

  • Lot Acres: 0.0861
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3750.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.21
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 840
  • Expense Landscape: 100
  • Expense Maintenance: 100
  • Expense Management: 100
  • Expenses Other: 100
  • Expenses Total: 6205
  • Expense Trash: 840
  • Income Annual Gross: 57780.00
  • Income Annual Rental: 64200
  • Income Gross Scheduled: 64200
  • Meters: Master Gas, Master Water, Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Loan - Mortgage, Services - Trash Removal
  • Tenant Expenses: Utilities - Electric, Utilities - Water
  • Vacancy Factor: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Sep 2, 2020
Sold by
Reyes Rafael
Bought by
Hines Tonika J
Seller's Agent
Carlos Garcia
Coldwell Banker Realty
Buyer's Agent
David Newton
Coldwell Banker Realty
List Price
$749,900
Sold Price
$741,000
Premium/Discount to List
-$8,900
-1.19%
Current Estimated Value
$681,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$59,602
Avg. Annual Appreciation
-1.66%
Original Mortgage
$727,578
Outstanding Balance
$648,310
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$33,088

Purchase Details

Closed on
Nov 9, 2017
Sold by
Som Sam
Bought by
Reyes Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 7, 2017
Sold by
Sanchez Giulianna
Bought by
Reyes Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.88%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 18, 2016
Sold by
Taylor Barbara
Bought by
Som Sam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hines Tonika J $741,000 Chicago Title Company
Reyes Rafael $390,000 Wfg National Title
Reyes Rafael -- Wfg National Title
Som Sam $135,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hines Tonika J $727,578
Previous Owner Reyes Rafael $75,000
Previous Owner Reyes Rafael $312,000
Previous Owner Som Sam $150,000
Previous Owner Som Sam $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $741,000 +2.9% $475 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
07/07/2020 07/07/20 Price Changed $720,000 -4.0% $462 / Sq Ft
06/10/2020 06/10/20 For Sale $749,900 -- $481 / 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 $12,265 $802,073 $162,363 $639,710
2024 $12,265 $786,349 $159,180 $627,169
2023 $12,864 $770,936 $156,060 $614,876
2022 $12,474 $755,820 $153,000 $602,820
2021 $11,904 $741,000 $150,000 $591,000
2020 $7,095 $405,755 $121,726 $284,029
2019 $6,678 $397,800 $119,340 $278,460
2018 $6,542 $390,000 $117,000 $273,000
2017 $4,226 $230,000 $100,000 $130,000
2016 $1,218 $24,612 $10,767 $13,845
2015 $1,205 $24,243 $10,606 $13,637
2014 $1,087 $23,768 $10,398 $13,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81796085

MLSListings

APN: 044-4975-007-00