NOT LISTED FOR SALE

Estimated Value: $944,000 - $1,313,000

5 Beds
3 Baths
1,849 Sq Ft
$610/Sq Ft Est. Value

Last Sold March 25, 2014

Last sale price $624,000 $337 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $7,275/month

19 Days on Market

Highlights

  • Deck
  • Tile Flooring
  • 4-minute walk to George Florence Mini Park
  • Rosa Parks Elementary School Rated A

About This Home

As of March 2014

Great opportunity to own a downtown Berkeley triplex! Fannie Mae owned. High ceilings, laminate/tile floors, double-pane windows. Steps from University Ave, nearby university, shopping and Hwy. 880.

Last Listed By

Rowena Frick

Excel Realty & Mortgage Inc License #01521447 Listed on: 01/11/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,854

Year Built

  • 1903

Lot Details

  • 2,396

Parking

  • No Garage

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,849 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Laminate
  • Tile

Outdoor Features

  • Deck

Utilities

  • Wall Furnace
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $47,040

Community Details

Overview

  • 1,849 Sq Ft Building

Building Details

  • Maintenance Expense $8,000
  • Other Expense $2,400
  • Operating Expense $18,302
  • Gross Income $42,336

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,854

Year Built

1903

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Triplex
  • Age: 111
  • Inspections Reports: Flood Zone
  • Sale Price Per Sq Ft: 337.48
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 3
  • Min Numberof Unitsin Complex: 3
  • Structure Sq Ft: 1849
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1903

Interior Features

  • Kitchen: Dishwasher, Varies By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 1849
  • Stories: 2
  • Laundry: Laundry - No
  • Flooring: Carpet - Area, Tile, Laminate

Exterior Features

  • Roof: Shingle, Composition
  • Yard/Grounds: Deck

Garage/Parking

  • Garage Parking Features: No Garage, No Parking

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Schools

  • School District: Berkeley Unified

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2405.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2405.00
  • Lot Size Area Min Search: 2405.00
  • Maximum Lot Size: 2405.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.48

Multi Family

  • Expense Maintenance: 8000
  • Expenses Other: 2400
  • Expenses Total: 18302
  • Income Annual Gross: 42336.00
  • Income Annual Rental: 47040
  • Income Gross Scheduled: 47040
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Meters: Separate Electric, Separate Gas
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Miscellaneous/Other
  • Tenant Expenses: Utilities - Gas, Utilities - Water, Utilities - Heating, Utilities - Hot Water, Cable Tv, Utilities - Electric, Services - Trash Removal
  • Vacancy Amount: 4704
  • Vacancy Factor: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2022
Sold by
Nan Liang Frank and Nan Dan
Bought by
Li Dan
Total Days on Market
19
Current Estimated Value
$1,128,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Outstanding Balance
$462,815
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$650,518

Purchase Details

Listed on
Jan 11, 2014
Closed on
Feb 20, 2014
Sold by
Fannie Mae
Bought by
Liang Frank Nan and Li Dan
Seller's Agent
Rowena Frick
Excel Realty & Mortgage Inc
Buyer's Agent
Rowena Frick
Excel Realty & Mortgage Inc
List Price
$539,900
Sold Price
$624,000
Premium/Discount to List
$84,100
15.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$340,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 23, 2012
Sold by
Karim Budihalim Jimmy and Karim Tahir
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Apr 17, 2012
Sold by
Karim Budihalim Jimmy and Karim Tahir
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Dec 22, 2003
Sold by
Hakam Mohammad R and Sophia Mondana Hakam Trust
Bought by
Karim Budihalim Jimmy and Karim Tahir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,200
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 2002
Sold by
Hanif Elias and Hanif B J
Bought by
Hakam Mohammad R and Sophia Mondana Hakam Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 19, 1996
Sold by
Hanif Elias
Bought by
Hanif Elias and Hanif B J

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
Li Dan $220,000 Chicago Title
Liang Frank Nan $624,000 Stewart Title Of Ca Inc
Federal National Mortgage Association -- None Available
Jpmorgan Chase Bank National Association $464,173 None Available
Karim Budihalim Jimmy $439,000 Fidelity National Title Co
Hakam Mohammad R $235,000 Chicago Title Company
Hanif Elias -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Dan $536,000
Previous Owner Liang Frank Nan $340,000
Previous Owner Budihalim Jimmy $193,000
Previous Owner Budihalim Jimmy $434,000
Previous Owner Karim Budihalim Jimmy $351,200
Previous Owner Hakam Mohammad R $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2014 03/25/14 Sold $624,000 +15.6% $337 / Sq Ft
01/30/2014 01/30/14 Pending -- -- --
01/11/2014 01/11/14 For Sale $539,900 -- $292 / 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
2024 $11,854 $742,910 $224,973 $524,937
2023 $11,604 $735,208 $220,562 $514,646
2022 $11,392 $713,794 $216,238 $504,556
2021 $11,411 $699,667 $212,000 $494,667
2020 $10,804 $699,422 $209,826 $489,596
2019 $10,381 $685,713 $205,714 $479,999
2018 $10,206 $672,271 $201,681 $470,590
2017 $9,838 $659,093 $197,728 $461,365
2016 $9,524 $646,170 $193,851 $452,319
2015 $9,399 $636,467 $190,940 $445,527
2014 $8,109 $462,087 $138,626 $323,461
Source: Public Records

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Source: MLSListings

MLS Number: ML81401038

MLSListings

APN: 056-1973-007-00