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1043 Norwood Avenue

1043 Norwood Avenue, Oakland, CA 94610
Sold Nov 22, 2019
$425,000
$512,000 by Intercontinental Capital Group
Mortgage Due May 01, 2051
Sold Apr 16, 2018
$905,000
1043 Norwood Avenue has been categorized by the local assessors in Oakland, CA as a residential type of property. The building on the property was first built in 1926 and is 98 years old. However, we must point out that the home was most recently renovated and altered in 1962. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1043 Norwood Avenue has 2,529 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,102 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The property was last sold in Nov 18, 2019 for $425,000. That's $168.05 per sqft. Prior to that sales transaction, the property was also sold in Apr 5, 2018 for $905,000. 1043 Norwood Avenue was last assessed in 2022. The total value of the property was assessed at $1,051,973. Specifically, the land the property is located on was valued at $315,592. While improvements on the property were assessed at a total of $736,381. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $16,159. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,102
  • Total Building Area: 2,529
  • Building Area: 2,529
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,529
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKESHORE HILLS
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 00005 BLK: AR: 0024 PAGE: 0563

Ownership

  • Current Owner : BLOSSOM BEYOND LLC
  • Previous Owner : BRUGGEMANN LUKAS
  • Previous Owner 2: BRUGGEMANN SUE WENDI
  • Owner Before Previous Owner: FRANTZ ROBERT LEWIS
  • Owner Before Previous Owner 2: THE BOBBY L FRANTZ TRUST
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 405000

Geography

  • Assessors Map Reference: 10-A4
  • Parcel: 24-563-5
  • Block: C
  • Lot: 4
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.809
  • Longitude: -122.225

    Address

  • Full Address: 1043 Norwood Ave
  • Address - House Number: 1043
  • Address - Street Name: Norwood
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C002
  • 4-Digit Zip Code: 1835
  • Zip Code: 94610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,159
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2203
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 69
  • Final Value: 1,426,240
  • High Value: 1,740,516
  • Low Value: 1,111,964

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $512,000
  • First Open Lien Mortgage Lender: INTERCONTINENTAL CAPITAL GROUP
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Loan Amount: $512,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,051,973
  • Assessed Land Value: $315,592
  • Assessed Improvements Value: $736,381

    Sales

  • Current Sale Contract Date: Nov 18, 2019
  • Current Sale Recording Date: Nov 22, 2019
  • Current Sale Transaction ID: 11710621269
  • Current Sale Price: $425,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019240509
  • Previous Sale Recording Date: Apr 16, 2018
  • Previous Sale Contract Date: Apr 05, 2018
  • Previous Sale Amount: $905,000
  • Previous Sale Document Type: Grant Deed

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Frequently Asked Questions

What neighborhood is 1043 Norwood Avenue located in?
The 1043 Norwood Avenue is a house located in the neighborhood of Trestle Glen in Lower Hills District, Oakland.
What is the average sales price for listings in 1043 Norwood Avenue?
The average sales price for units in 1043 Norwood Avenue is $0 currently.

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