Exterior of 1145 Portland Ave, a 1940 Charles MacGregor house in Albany, CA

Photos: eXp Realty of California, MLS listing 41009533

Photos

1145 Portland Ave

Built 1940·Albany, CA 94706

Sold for $1,165,000 in October 2022 against an $895,000 ask — $270,000 and 30.2% over asking, in 12 days. The MLS description names it a MacGregor outright, one of the few houses in this collection where the listing itself makes the attribution rather than it being inferred from style. The county's value roll drifts at roughly 2% a year unbroken from 1992 to 2022 despite six ownership transfers over that span, none of which carried a recorded price — the signature of trust or family conveyances — so the 2022 sale is very likely the first arm's-length trade in the modern record.

At a glance

Beds

2

Baths

1

Square feet

917 sq ft

Lot size

2,500 sq ft

Year built

1940

Stories

1.5

Garage

Attached 1-car

County

Alameda County

APN

67-2815-18

MLS #

41009533

Neighborhood

Garfield

Annual tax

$18,077

Assessed value

$1,100,000

Listings elsewhere

Price history

DateEventPriceSource
Oct 27, 2022Sold$1,165,000Public record
Oct 5, 2022PendingbridgeMLS
Sep 23, 2022Listed$895,000bridgeMLS

Construction and systems

Style

Bungalow

Levels

Split level

Rooms

5

Construction

Stucco

Heating

Forced air

Cooling

None

Flooring

Hardwood, tile

Windows

Dual pane

Kitchen

Updated kitchen, breakfast nook, stone counters, gas range, dishwasher, garbage disposal, refrigerator

Laundry

Laundry room, washer and dryer

Appliances

Dishwasher, disposal, gas range, refrigerator, dryer, washer, gas water heater

Interior

No additional rooms, breakfast nook, stone counters, updated kitchen

Floor plan

Street level 1 bedroom and 1 bath; upper level 1 bedroom

Lot

Regular, fenced

Yard

Back yard, front yard, fruit trees

Utilities

Public sewer, gas water heater

HOA

None

Subdivision

Albany

Days on market

12

House notes

  • Named as a MacGregor in the listing copy itself — "Bright and sunny MacGregor in ultra convenient Central Albany location"
  • Sold for $270,000 over asking, 30.2% above the list price, after 12 days on the market
  • The attached garage carries seismic upgrades, called out as a selling point in the MLS description
  • Split level on a 917 sq ft footprint — one bedroom and the only bath at street level, the second bedroom up a half flight
  • Six ownership transfers were recorded between 1996 and 2018 without a single reassessment; the county value roll drifts at the Prop 13 statutory ~2% a year straight through all of them, and none carried a recorded sale price
  • The 2022 sale reset the Prop 13 basis from $75,501 to $1,165,000 — about 15-fold — and the tax bill rose 647.6% the following year, from $2,513 to $18,787
  • The county cut the 2026 assessment to $1,100,000 from $1,212,065, a Prop 8 decline-in-value reduction and by far the largest drop in the 35-year roll
  • A 2,500 sq ft lot with a productive back garden — the listing photos show a mature apple tree in fruit

Insights

Last sold

$1,165,000 (2022)

First recorded sale

$1,165,000 (2022)

Appreciation

Price per sq ft

$1,270 (at last sale)

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