NOT LISTED FOR SALE

Estimated Value: $724,000 - $1,142,000

4 Beds
4 Baths
2,592 Sq Ft
$375/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $1,175,000 $453 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $7,861/month

16 Days on Market

Highlights

  • Wood Flooring
  • Garden
  • Rectangular Lot
  • No HOA
  • Garage
  • Heating System Uses Natural Gas

About This Home

As of June 2021

The property consists of four good sized 1 bedroom 1 bath units located in the desirable Ivy Hill neighborhood. Period detail accents are highlighted throughout the property and all units have gas stoves and hardwood floors. The property has been very well maintained by it's current ownership. The property boasts new windows, new paint and a brand new roof. One unit is completely remodeled with in-unit washer and dryer and serves as a great model of what can be done with the other units. The property is individually metered for both gas and electric. 2615 8th Avenue is a well constructed, ideally located investment opportunity. The property has been historically easy to operate and offers a new owner over 35% rental upside! Residential financing available with 30 year fixed rate financing available.

Last Agent to Sell the Property

Matt Treadway

Lapham Company, Inc. License #01706866 Listed on: 04/21/2021

Last Buyer's Agent

Patricia Ulip

License #01949834

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,546

Year Built

  • Built in 1928

Lot Details

  • 2,879 Sq Ft Lot
  • Rectangular Lot
  • Garden

Parking

  • Garage

Home Design

  • Quadruplex
  • Stucco

Additional Features

  • Wood Flooring
  • Heating System Uses Natural Gas
  • Finished Basement

Community Details

  • No Home Owners Association
  • 2,592 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 2234042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,546

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Directions: Between Ivy and Beatie
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Basement: Finished
  • Fireplace: No
  • Interior Amenities: Storage Area(s)

Exterior Features

  • Lot Features: Regular
  • Construction Type: Stucco
  • Exterior Features: Garden/Play, Garden

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage

Utilities

  • Heating: Natural Gas
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Schools

  • Senior High School District: Oakland (510) 879-8111

Lot Info

  • Lot Size Sq Ft: 2879
  • Parcel Number: 2234042
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 7, 2021
Sold by
Garling Mary Angela
Bought by
Rai Vijendra
Seller's Agent
Matt Treadway
Lapham Company, Inc.
Buyer's Agent
Patricia Ulip
List Price
$1,250,000
Sold Price
$1,175,000
Premium/Discount to List
-$75,000
-6%
Total Days on Market
16
Current Estimated Value
$1,128,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$46,557
Avg. Annual Appreciation
-0.48%
Original Mortgage
$785,000
Outstanding Balance
$716,882
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$434,744

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 3, 2021
Sold by
Quiroz Maurice and Quiroz Kathleen Thornton
Bought by
Rai Vijendra
Seller's Agent
Matt Treadway
Lapham Company, Inc.
Buyer's Agent
Patricia Ulip
List Price
$1,250,000
Sold Price
$1,175,000
Premium/Discount to List
-$75,000
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,000
Outstanding Balance
$716,882
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$434,744

Purchase Details

Closed on
Sep 28, 2016
Sold by
Quiroz Maurice and Quiroz Kathleen Thornton
Bought by
Quiroz Maurice and Quiroz Kathleen Thornton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2014
Sold by
Thornton Marianne
Bought by
Thornton Marianne and Msn Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2014
Sold by
Quiroz Maurice and Quiroz Kathleen Thornton
Bought by
Quiroz Maurice and Quiroz Kathleen Thornton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 2006
Sold by
Quiroz Maurice and Quiroz Kathleen Thornton
Bought by
Quiroz Maurice and Quiroz Kathleen Thornton

Purchase Details

Closed on
Apr 6, 2005
Sold by
Kaka Waziri A
Bought by
Quiroz Maurice and Quiroz Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,250
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2004
Sold by
Kaka Waziri A and Kaka Living Trust
Bought by
Kaka Waziri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2003
Sold by
Kaka Waziri A
Bought by
Kaka Waziri A and Kaka Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.54%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 2, 2003
Sold by
Bomberger Robert B and Bomberger Sophia
Bought by
Kaka Waziri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.54%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 28, 1994
Sold by
Bomberger Robert
Bought by
Bomberger Sophia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.95%
Source: Public Records

Range of Values:

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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
Rai Vijendra -- First American Title Company
Rai Vijendra $1,175,000 First American Title Company
Quiroz Maurice -- Accommodation
Quiroz Maurice -- Lawyers Title
Thornton Marianne -- None Available
Quiroz Maurice -- Lawyers Title
Quiroz Maurice -- Lawyers Title
Quiroz Maurice -- None Available
Quiroz Maurice $725,000 Placer Title Company
Kaka Waziri A -- Alliance Title Company
Kaka Waziri A -- --
Kaka Waziri A $590,000 Orange Coast Title Company
Bomberger Sophia -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rai Vijendra $785,000
Previous Owner Quiroz Maurice $615,000
Previous Owner Quiroz Maurice $630,000
Previous Owner Quiroz Maurice $471,250
Previous Owner Kaka Waziri A $476,000
Previous Owner Kaka Waziri A $472,000
Previous Owner Bomberger Robert B $70,000
Previous Owner Bomberger Sophia $220,000
Closed Quiroz Maurice $180,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,175,000 -- --
06/09/2021 06/09/21 Sold $1,175,000 -6.0% $453 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $1,250,000 -- $482 / Sq Ft
Source: bridgeMLS

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
2024 $19,546 $1,246,910 $374,073 $872,837
2023 $20,482 $1,222,470 $366,741 $855,729
2022 $19,787 $1,198,500 $359,550 $838,950
2021 $13,212 $772,108 $231,632 $540,476
2020 $13,059 $764,194 $229,258 $534,936
2019 $12,373 $749,215 $224,764 $524,451
2018 $12,112 $734,530 $220,359 $514,171
2017 $10,610 $650,000 $195,000 $455,000
2016 $9,588 $585,000 $175,500 $409,500
2015 $8,903 $530,000 $160,000 $370,000
2014 $8,632 $475,000 $142,500 $332,500
Source: Public Records

Agents Affiliated with this Home

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Source: bridgeMLS

MLS Number: 40946507

bridgeMLS

APN: 022-0340-004-02