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Sold for $1,375,000
  • $1,375,000

    1501 Carmel Dr, Walnut Creek, CA 94596

    4beds
    3baths
    1,977sqft
    Multi Family, Triplex
    Built in 1951
    -- sqft lot
    $1,350,300 Zestimate®
    $695/sqft
    $3,622 Estimated rent

    Home value

    $1,350,300

    $1.24M - $1.47M

    $3,622/mo

    Zestimate® history
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    $8,794/mo

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    What's special

    WOW....With a Premier Location, situated in the Heart of Walnut Creek & its Vibrant Downtown, Renowned Shopping, Exquisite Dining, Picturesque Parks & Outstanding Schools, this Impeccably Maintained Vintage 1950's Tri-Plex is the Real Deal! A Stable Income Stream over $6,000 per Month & Great Potential for Future Rent/Price Appreciation make this Tri-Plex Highly Attractive to both Investors & Tenants alike.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Gibbons DRE #00864058 925-639-7847,

    Foundation Real Estate

    Bought with:

    Philip Smith, DRE #02105780

    RANGE HOMES

    Source: Bay East AOR,MLS#: 41041648MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Wall Furnace
    Cooling
    • Has cooling: Yes
    Appliances
    • Included: Dishwasher, Dryer, Washer
    Features
    • Tub w/Shower Over
    • Flooring: Laminate, Carpet
    • Windows: Window Coverings
    • Basement: None
    Interior area
    • Total structure area: 1,977
    • Total interior livable area: 1,977 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage Door Opener, Attached, Off Street, Garage Faces Front, On Street, Restrictions
    • Has attached garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Patio, Balcony/Patio
    • Exterior features: Low Maintenance
    Lot
    • Size: 6,175 Square Feet
    • Features: Cul-De-Sac
    Details
    • Parcel number: 1782610107
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Triplex
    • Attached to another structure: Yes
    Materials
    • Other
    • Roof: Metal
    Condition
    • Year built: 1951

    Utilities & green energy

    • Utilities for property: Cable Available, Internet Available, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s)
    • Subdivision: Downtown Area
    HOA
    • Has HOA: No
    Location
    • Region: Walnut Creek

    Financial & listing details

    • Price per square foot: $695/sqft
    • Tax assessed value: $1,402,500
    • Annual tax amount: $5,093
    • Price range: $1.4M - $1.4M
    • Date on market: 10/15/2023
    • Listing agreement: Excl Right
    • Listing terms: Cash,Conventional
    • Lease term: Month To Month,Security Deposit
    • Total actual rent: 72600
    • Tenant pays: Electricity, Gas, Trash Collection, Water

    Price history

    DateEventPrice
    11/14/2023Sold$1,375,000$695/sqft
    Source: Bay East AOR #41041648 Report a problem
    10/28/2023Pending sale$1,375,000$695/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #41041648 Report a problem
    10/16/2023Listed for sale$1,375,000$695/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #41041648 Report a problem
    10/29/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/10/2021Listed for rent$1,995+7.8%$1/sqft
    Source: Zillow Rental Manager Report a problem
    2/16/2021Listing removed--
    Source: Owner Report a problem
    7/22/2019Listing removed$1,850$1/sqft
    Source: Owner Report a problem
    6/28/2019Listed for rent$1,850-2.4%$1/sqft
    Source: Owner Report a problem
    5/14/2019Listing removed$1,895$1/sqft
    Source: Perchak Properties Report a problem
    4/19/2019Price change$1,895-5%$1/sqft
    Source: Perchak Properties Report a problem
    2/24/2019Listed for rent$1,995+2.3%$1/sqft
    Source: Perchak Properties Report a problem
    2/24/2017Listing removed$1,950$1/sqft
    Source: Perchak Properties Report a problem
    2/3/2017Listed for rent$1,950$1/sqft
    Source: Perchak Properties Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,727 -28.5%$1,402,500 +2%
    2024$24,792 +389.9%$1,375,000 +462.5%
    2023$5,060 -0.7%$244,445 +2%
    2022$5,094 +3.2%$239,653 +2%
    2021$4,936 +4%$234,955 +1%
    2020$4,747 +0.6%$232,546 +2%
    2019$4,717 +3%$227,987 +2%
    2018$4,580 +3.3%$223,518 +2%
    2017$4,433 +3%$219,136 +2%
    2016$4,304 +5.3%$214,840 +1.5%
    2015$4,089 $211,614 +2%
    2014$4,089 $207,470 +0.5%
    2013-- $206,534 +2%
    2012-- $202,486 +2%
    2011-- $198,516 +0.8%
    2010-- $197,033 -0.2%
    2009-- $197,502 +2%
    2008-- $193,630 +2%
    2007-- $189,834 +2%
    2006-- $186,112 +2%
    2005-- $182,464 +2%
    2004-- $178,887 +1.9%
    2003-- $175,609 +2%
    2002-- $172,166 +2%
    2001-- $168,791
    Find assessor info on the county website

    Neighborhood: 94596

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Walnut Creek (925) 944-6850

    Source: Bay East AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,350,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,350,300