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11 Nace Avenue

11 Nace Avenue, Oakland, CA 94611
Property in Piedmont
Sold Aug 13, 2021
$2,400,000
$1,920,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2051
Sold Aug 18, 2017
$1,550,000
$1,085,000 by First Republic Bank
Mortgage Due Sep 01, 2047
11 Nace 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 1935 and is 89 years old. However, we must point out that the home was most recently renovated and altered in 1959. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 11 Nace Avenue has 2,132 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 4,000 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 Jul 29, 2021 for $2,400,000. That's $1,125.70 per sqft. Prior to that sales transaction, the property was also sold in Aug 14, 2017 for $1,550,000. 11 Nace Avenue was last assessed in 2022. The total value of the property was assessed at $2,393,000. Specifically, the land the property is located on was valued at $720,000. While improvements on the property were assessed at a total of $1,680,000. 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 $33,452. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,000
  • Total Building Area: 2,132
  • Building Area: 2,132
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,132
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PIEDMONT VISTA
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00004 BLK: AR: 0050 PAGE: 4550

Ownership

  • Current Owner : CEYLAN ISMAIL
  • Current Owner 2: LAI FANGFANG
  • Previous Owner : NEUMANN BRIAN L
  • Previous Owner 2: PELLE AMANDA
  • Owner Before Previous Owner: DICK JANET B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Piedmont City Unified School District
  • Census Tract: 426200

Geography

  • Assessors Map Reference: 9-D1
  • Parcel: 50-4550-4
  • Lot: 2
  • Municipality: CITY OF PIEDMONT
  • Latitude: 37.8249
  • Longitude: -122.245

    Address

  • Full Address: 11 Nace Ave
  • Address - House Number: 11
  • Address - Street Name: Nace
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Piedmont
  • Carrier Code: C007
  • 4-Digit Zip Code: 4325
  • Zip Code: 94611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $33,452
  • Tax Rate Code Area: 18-000

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 72
  • Final Value: 2,188,482
  • High Value: 2,639,959
  • Low Value: 1,737,006

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,920,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Loan Amount: $1,920,000
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,393,000
  • Assessed Land Value: $720,000
  • Assessed Improvements Value: $1,680,000

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Transaction ID: 11853649049
  • Current Sale Price: $2,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021277437
  • Previous Sale Recording Date: Aug 18, 2017
  • Previous Sale Contract Date: Aug 14, 2017
  • Previous Sale Amount: $1,550,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Aug 13, 2021
  • First Mortgage Loan Amount: $1,920,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: Aug 18, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,085,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Piedmont



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Frequently Asked Questions

What neighborhood is 11 Nace Avenue located in?
The 11 Nace Avenue is a located in the neighborhood of Piedmont in Piedmont, Oakland.
What is the average sales price for listings in 11 Nace Avenue?
The average sales price for units in 11 Nace Avenue is $0 currently.

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