371 Somerset Rd

Oakland, CA 94611

$1,850,000
Last Sold Price
8
Beds
—
Baths
3,632 Sq. Ft.
$509 / Sq. Ft.
3,632
Sq. Ft.
$509
per Sq. Ft.
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Sold 9/15/21
Sold 9/15/21

Description

Whether for investor or owner-occupant, this 4-unit residence in a sylvan setting reflects genuine pride of ownership and presents an opportunity in a magnificent location, the Piedmont side of Montclair. With easy access to freeways, Montclair Village, and nearby trails for hiking, the location is both central and private. The configuration of the building allows for a sense of privacy among residents. Three of the units are two-story dwellings, each with a cozy front patio entrance. They feature...Whether for investor or owner-occupant, this 4-unit residence in a sylvan setting reflects genuine pride of ownership and presents an opportunity in a magnificent location, the Piedmont side of Montclair. With easy access to freeways, Montclair Village, and nearby trails for hiking, the location is both central and private. The configuration of the building allows for a sense of privacy among residents. Three of the units are two-story dwellings, each with a cozy front patio entrance. They feature an open living-dining area, in-unit laundry avail, kitchen on main flr, two bedrms and one full bath on the upper level, The fourth unit is single level, potentially an owner’s unit as its architectural features include a fireplace, a kitchen that opens to the dining area, with sliding doors that allow sun to filter in and opening to a spacious deck with expansive green views & self contained laundry room. Garage parking avail.
  1. Listed by Helene Barkin • DRE #01032351 • Compass

Property Details for 371 Somerset Road

City
OAKLAND
Dist Neighborhood Subdiv
MONTCLAIR
Building Type
FOURPLEX
Property Sub Type
FOURPLEX
Garage Spaces
4
Garage/Parking
Gate / Door Opener, Enclosed, Garage
Park Spaces Total
4
LISTING UPDATED: 09/22/2021 03:00 AM

Property Details for 371 Somerset Road

StatusSold
MLS #40961650
Days on Compass8
Taxes$9,993 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1963
Lot Size0.16 AC / 7,114 SF
CountyAlameda County
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Location

Listing Courtesy of Compass, Helene Barkin, DRE #01032351

Sold By Golden Gate Sotheby's Int'l Re, Lori Sallander, DRE #01829872

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Building Information for 371 Somerset Road

Stories-Residences4Year Built1963Building Size-Lot Size0.16 AC / 7,114 SF

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$9,849 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,017

Property Taxes

$833

HOA Dues

$0

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Property Information for 371 Somerset Road

Features
Feature Details
  • Flooring: Laminate, Partial Carpeting, Tile, Carpet
  • Garage: Yes
  • Laundry: 220 Volt Outlet, Gas Dryer Hookup, In Basement, Inside Unit, Washer/Dryer Hookups
Room Details
  • Bedrooms Count: 8
Utility Details
  • Cooling: Ceiling Fan(s), No Air Conditioning
  • Heating: Floor Furnace, Forced Air 1 Zone, Gas, Wall Furnace
  • Water/Sewer: Sewer System - Public, Water - Public
Lot / Property Details
Property Details
  • Additional Equipment: Garage Door Opener, Water Heater Gas, Double Strapped Water Htr, Smoke Detector
  • City Transfer Tax: Yes
  • Complex Name: WOODMINSTER
  • Exterior: Stucco, Wood Frame
  • Lot Description: Cul-De-Sac, Down Slope, Regular
  • Lot Sq Ft Apx: 7114
  • Lot Size Square Feet: 7114.0
  • Roof: Composition Shingles, Rolled Composition
  • Sq Ft Apx: 3632
  • Stories: Two Story
  • Yard Description: Deck(s), Patio
  • Year Built: 1963
  • Zoning: Quad
  • Acres: 0.16
Location Details
  • Elementary School District: Oakland (510) 879-8111
  • Directions to Property: Park Blvd, R on Estates Drive , Right on Somerset
  • FIPS Code: 06001
  • Parcel Number: 048C-7200-001-45
  • Printed Neighborhood Rpt: Yes
  • Board ID: Bridge AOR
Multi Family Information
General Details
  • All Units Have: Disposal, Updated Baths, Updated Kitchen
  • Some Units Have: Deck, Dishwasher, Disposal, Fireplaces, Patio, Updated Baths, Updated Kitchen
  • Units Total: 4
  • Basement: None
  • Miscellaneous Features: Balcony/Patio, Cable TV, Wired For
  • Parking Description: Enclosed Garage, Garage Parking, See Remarks, Side-by-Side, Street Parking
  • Separate Meters: Gas, Water
  • Existing Lease Terms: Month to Month, Security Deposit, Written Agreement
  • Tenant Pays: Cable TV, Electric, Gas, Water
  • Total Deposits: $5,200
  • Financial Data Source: Owner
Income / Expense Details
  • Annual Expense Year: 0
  • Annual Taxes $: $9,993
  • Annual Gross Fee Income: $0
  • Annual Gross Sched Income: $0
  • Annual Miscellaneous Income: $0
  • Annual Rental Income: $49,800
  • Gross Oper Income (Act): $0
  • Net Operating Income: $0
  • Annual Insurance Expense: $6,473
  • Annual License Expense: $778
  • Annual Maintance Expense: $3,826
  • Annual Management Expense: $0
  • Annual Total Oper Expense: $0
  • Annual Utility Expense: $701
  • Annual Vacancy Expense: $0
  • Operating Expenses: Electric, Garbage Collection, Insurance, Maintenance/Repair, Miscellaneous/Other, Property Tax/Assessments, Utilities, Water
  • Other Annual Expense: $2,630
Unit 1 Details
  • Unit #/Address - 1: Unit A
  • Occupied By 1: Tenant
  • Air Cond 1: No
  • Fireplace 1: No
  • Refrigerator 1: Yes
  • Range/Oven 1: Yes
  • Bedrooms 1: 2
  • Bathrooms 1: 1
  • Parking Spaces 1: 1
  • Rent 1: 2200
Unit 2 Details
  • Unit #/Address - 2: B
  • Occupied By 2: Vacant
  • Air Cond 2: No
  • Fireplace 2: No
  • Refrigerator 2: Yes
  • Range/Oven 2: Yes
  • Bedrooms 2: 2
  • Bathrooms 2: 1
  • Parking Spaces 2: 1
  • Rent 2: 0
Unit 3 Details
  • Unit #/Address - 3: C
  • Occupied By 3: Tenant
  • Air Cond 3: No
  • Fireplace 3: No
  • Refrigerator 3: Yes
  • Range/Oven 3: Yes
  • Bedrooms 3: 2
  • Bathrooms 3: 1
  • Parking Spaces 3: 1
  • Rent 3: 1950
Unit 4 Details
  • Unit #/Address - 4: D
  • Occupied By 4: Vacant
  • Dining Room 4: Yes
  • Air Cond 4: No
  • Fireplace 4: Yes
  • Refrigerator 4: Yes
  • Range/Oven 4: Yes
  • Bedrooms 4: 2
  • Bathrooms 4: 1
  • Parking Spaces 4: 1
  • Rent 4: 0
Multi Family 5+ Information
Building Details
  • ADDTL MISC FEATURES: Balcony/Patio, Cable TV, Wired For
  • Total Deposits: 5200
Additional Information
Additional Information
  • Fireplace: No
  • Elementary School District: Oakland (510) 879-8111
  • High School District: Oakland (510) 879-8111

Property History for 371 Somerset Road

DateEvent & SourcePriceAppreciation
Sep 15, 2021

Sold

EBRD #40961650

$1,850,000—
Sep 15, 2021

Sold

MLSListings #EB40961650

$1,850,000—
Aug 23, 2021

Sold (Public Record)

Public Record #1472609286

$1,850,000

+6.6% / yr

Aug 12, 2021

Pending

MLSListings #EB40961650

—
Aug 12, 2021

Pending

EBRD #40961650

—
Aug 4, 2021

Listed (Active)

MLSListings #EB40961650

$1,650,000—
Aug 4, 2021

Listed (Active)

EBRD #40961650

$1,650,000—
Nov 27, 1996

Sold (Public Record)

Public Record #26715580

$379,000—
DateEvent & SourcePrice
09/15/2021

Sold

EBRD #40961650

$1,850,000
09/15/2021

Sold

MLSListings #EB40961650

$1,850,000
08/23/2021

Sold (Public Record)

Public Record #1472609286

$1,850,000

+6.6% / yr

08/12/2021

Pending

MLSListings #EB40961650

—
08/12/2021

Pending

EBRD #40961650

—
08/04/2021

Listed (Active)

MLSListings #EB40961650

$1,650,000
08/04/2021

Listed (Active)

EBRD #40961650

$1,650,000
11/27/1996

Sold (Public Record)

Public Record #26715580

$379,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 371 Somerset Road

Taxable ValueLand$588,966Additions$1,374,254Total$1,963,220
Tax Record2025$29,550 ($2,462 / month)
Home Facts
Total Finished SqFt3,632 SqFtAbove Grade Finished SqFt3,632 SqFtStories2Lot Size7,114 SqFtStyleQuadraplexYear Built1963CountyALAMEDAAPN48C-7200-1-45

Schools near 371 Somerset Road

This home is within Oakland Unified School District.
Rating
School
Type
Grades
Distance
Montclair Elementary School
Public - K to 5
Montera Middle School
Public - 6 to 8
Skyline High School
Public - 9 to 12
AIMS College Prep High
Charter - 9 to 12
Rating
School
Distance
Montclair Elementary School
PublicK to 5

Montera Middle School
Public6 to 8

Skyline High School
Public9 to 12

AIMS College Prep High
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Helene Barkin, DRE #01032351

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.