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1533 54th Avenue

1533 54th Avenue, Oakland, CA 94601
Sold Sep 24, 2018
$105,000
$210,000 by First Republic Bank
Mortgage Due Oct 01, 2048
Sold May 13, 2005
$136,500
$273,000 by United Commercial Bank
Mortgage Due Jun 01, 2035
1533 54th 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 1925 and is 99 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1533 54th Avenue has 1,044 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 3,885 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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 roof of the building is made of tar and gravel. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing floor/wall heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1533 54th Avenue sold most recently in Sep 17, 2018 for a total of $105,000. If you work out the math, that's approximately a cost of $100.57 per sqft. Before that, the property was also sold for $136,500 in May 10, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,965 in taxes each year. 1533 54th Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $312,103. If we break it down further, the land itself was valued at $95,731. Improvements to the property, however, were assessed at a total of $223,372. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1925
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,885
  • Total Building Area: 1,044
  • Building Area: 1,044
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,044
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 53RD AVE
  • Land Acres: 0.089
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00034 BLK: AR: 0035 PAGE: 2364

Ownership

  • Current Owner : CHUNG BRIAN
  • Current Owner 2: CHUNG TICH HUNG
  • Previous Owner : CHUNG TICH HUNG
  • Previous Owner 2: TRINCH QUYEN THUC
  • Owner Before Previous Owner: VANLAM PETER
  • Owner Before Previous Owner 2: CHUNG TICH HUNG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 407400

Zoning

  • Zoning: R50

Geography

  • Assessors Map Reference: 12-C4
  • Parcel: 35-2364-34
  • Block: A
  • Lot: 10
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.7696
  • Longitude: -122.204

    Address

  • Full Address: 1533 54th Ave
  • Address - House Number: 1533
  • Address - Street Name: 54th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C034
  • 4-Digit Zip Code: 5737
  • Zip Code: 94601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,965
  • Tax Rate Code Area: 17-045

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 69
  • Final Value: 631,470
  • High Value: 770,884
  • Low Value: 492,056

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $210,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Sep 24, 2018
  • First Open Lien Mortgage Loan Amount: $210,000
  • 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: Oct 01, 2048

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $312,103
  • Assessed Land Value: $95,731
  • Assessed Improvements Value: $223,372

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 17, 2018
  • Current Sale Recording Date: Sep 24, 2018
  • Current Sale Transaction ID: 11510562217
  • Current Sale Price: $105,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018185425
  • Previous Sale Recording Date: May 13, 2005
  • Previous Sale Contract Date: May 10, 2005
  • Previous Sale Amount: $136,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Sep 24, 2018
  • First Mortgage Loan Amount: $210,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: UNITED COMMERCIAL BANK
  • Previous Mortgage Transaction Date: May 13, 2005
  • Previous Mortgage Loan Amount: $273,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jun 01, 2035

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Frequently Asked Questions

What neighborhood is 1533 54th Avenue located in?
The 1533 54th Avenue is a located in the neighborhood of Wentworth Holland in Central East Oakland, Oakland.
What is the average sales price for listings in 1533 54th Avenue?
The average sales price for units in 1533 54th Avenue is $0 currently.

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