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2194 40th Avenue

2194 40th Avenue, Oakland, CA 94601
Property in Jefferson
Sold May 10, 2013
$225,000
$420,000 by Patelco Cu
Mortgage Due Jan 01, 2051
Sold Aug 09, 2005
$530,000
$359,650 by Jpmorgan Chase Bank Na
Mortgage Due Sep 01, 2035
2194 40th 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 1923 and is 101 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 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, 2194 40th Avenue has 1,444 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 320 ft. The area measurement of the land has been determined as 3,840 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 carport for those who require parking. Moving on to the building itself. The condition of the building has been evaluated as good. 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 composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a forced air unit 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, 2194 40th Avenue sold most recently in May 8, 2013 for a total of $225,000. If you work out the math, that's approximately a cost of $118.80 per sqft. Before that, the property was also sold for $530,000 in Aug 1, 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 $5,263 in taxes each year. 2194 40th Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $261,082. If we break it down further, the land itself was valued at $78,324. Improvements to the property, however, were assessed at a total of $182,758. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1923
  • Effective Year Built: 1923
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 450
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,840
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 320
  • Total Building Area: 1,894
  • Gross Building Area: 450
  • Building Area: 1,444
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,444
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BOULEVARD PARK
  • Land Acres: 0.088
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00035 BLK: AR: 0032 PAGE: 2095

Ownership

  • Current Owner : SAETEURN LAISENG
  • Previous Owner : SAECHAO TORN XIO
  • Previous Owner 2: SAECHAO SENG FEY
  • Owner Before Previous Owner: BOWMAN MICHAEL S
  • Owner Before Previous Owner 2: DABBS ANDREA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 407102

Geography

  • Assessors Map Reference: 12-B2
  • Parcel: 32-2095-35
  • Block: 11
  • Lot: 27&28
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.7809
  • Longitude: -122.211

    Address

  • Full Address: 2194 40th Ave
  • Address - House Number: 2194
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C023
  • 4-Digit Zip Code: 4304
  • Zip Code: 94601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,263
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2291
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 68
  • Final Value: 693,636
  • High Value: 852,605
  • Low Value: 534,667

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $420,000
  • First Open Lien Mortgage Lender: PATELCO CU
  • First Open Lien Mortgage Recording Date: Dec 31, 2020
  • First Open Lien Mortgage Loan Amount: $420,000
  • 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: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $261,082
  • Assessed Land Value: $78,324
  • Assessed Improvements Value: $182,758

    Sales

  • Current Sale Contract Date: May 08, 2013
  • Current Sale Recording Date: May 10, 2013
  • Current Sale Transaction ID: 1029950797
  • Current Sale Price: $225,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2013170362
  • Previous Sale Recording Date: Aug 09, 2005
  • Previous Sale Contract Date: Aug 01, 2005
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 10, 2013
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Aug 09, 2005
  • Previous Mortgage Loan Amount: $359,650
  • 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: Sep 01, 2035

About Fruitvale



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Unit for rent at 7406 Deerwood Ave, Oakland, CA, 94605

$3,400 /mo

  • 3 Beds
  • 1 Bath
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7406 Deerwood Ave #A, Oakland, CA, 94605 Listing by Jon Meyers

Frequently Asked Questions

What neighborhood is 2194 40th Avenue located in?
The 2194 40th Avenue is a located in the neighborhood of Jefferson in Fruitvale, Oakland.
What is the average sales price for listings in 2194 40th Avenue?
The average sales price for units in 2194 40th Avenue is $0 currently.

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