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1516 Oakdale Avenue

1516 Oakdale Avenue, El Cajon, CA 92021
Property in El Cajon
Sold May 17, 2004
$600,000
$350,000 by Bnc Mortgage Inc
Mortgage Due Jun 01, 2034
Sold Jul 08, 1996
$137,000
$109,600 by American Svg Bank
Mortgage Due Aug 01, 2026
Local assessors in El Cajon, CA have categorized 1516 Oakdale Avenue as a residential type of property. The home was built in 1972 and is 52 years old. The property's lot size has been calculated to be 7,994 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 8 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1516 Oakdale Avenue has a total of 3,459 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a open garage for those who need a place to park their vehicle. There are 12 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tile. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's floor/wall heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1516 Oakdale Avenue sold most recently in Apr 23, 2004 for a total of $600,000. If you work out the math, that's approximately a cost of $173.46 per sqft. Before that, the property was also sold for $137,000 in Jun 7, 1996. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,534 in taxes each year. 1516 Oakdale Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $819,931. If we break it down further, the land itself was valued at $359,094. Improvements to the property, however, were assessed at a total of $460,837. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 4
  • Business/Commerical Units Count: 4
  • Basement Area: 0
  • Garage Type: Open
  • Parking Space Count: 12

    Dimensions

  • Lot Size Square Feet: 7,994
  • Total Building Area: 3,459
  • Gross Building Area: 3,459
  • Building Area: 3,459
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Floor/wall
  • Heated Square Feet: 3,459
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKDALE TERRACE
  • Land Acres: 0.184
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • County Land Use Code: Road (right-of-way)
  • Legal Description 1: LOT 8 TR 004168

Ownership

  • Current Owner : COSTA EDUARDO M
  • Current Owner 2: COSTA VIRGINIA F
  • Previous Owner : BRAMWELL CHAD A
  • Owner Before Previous Owner: AMERICAN SVGS BANK FA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Grossmont Union High School District
  • School Tax School District: EL CAJON CITY
  • Census Tract: 016403

Zoning

  • Zoning: RM-2200

Geography

  • Assessors Map Reference: 004168
  • Subdivision Tract Number: 004168
  • Parcel: 511-021-03-00
  • Lot: 8
  • Municipality: CITY OF EL CAJON
  • Latitude: 32.8025
  • Longitude: -116.926

    Address

  • Full Address: 1516 Oakdale Ave
  • Address - House Number: 1516
  • Address - Street Name: Oakdale
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: El Cajon
  • Carrier Code: C026
  • 4-Digit Zip Code: 6636
  • Zip Code: 92021

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,534
  • Tax Rate Code Area: 03-092

    Appraisal Valuation

  • Standard Deviation: 0.4383
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 12
  • Final Value: 853,548
  • High Value: 1,227,731
  • Low Value: 479,364

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,000
  • First Open Lien Mortgage Lender: BNC MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 17, 2004
  • First Open Lien Mortgage Loan Amount: $350,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $819,931
  • Assessed Land Value: $359,094
  • Assessed Improvements Value: $460,837

    Sales

  • Current Sale Contract Date: Apr 23, 2004
  • Current Sale Recording Date: May 17, 2004
  • Current Sale Transaction ID: 1045464572
  • Current Sale Price: $600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2004-0448246
  • Previous Sale Recording Date: Jul 08, 1996
  • Previous Sale Contract Date: Jun 07, 1996
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BNC MORTGAGE INC
  • First Mortgage Transaction Date: May 17, 2004
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN SVG BANK
  • Previous Mortgage Transaction Date: Jul 08, 1996
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $109,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 01, 2026

About El Cajon



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Frequently Asked Questions

What neighborhood is 1516 Oakdale Avenue located in?
The 1516 Oakdale Avenue is a located in the neighborhood of El Cajon in El Cajon, El Cajon.
What is the average sales price for listings in 1516 Oakdale Avenue?
The average sales price for units in 1516 Oakdale Avenue is $0 currently.

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