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2518 Potomac Street

2518 Potomac Street, Oakland, CA 94602
Refi Jan 11, 2011
Transfer
$80,700 by Citimortgage Inc
Mortgage Due Feb 01, 2026
2518 Potomac Street 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 1921 and is 103 years old. However, we must point out that the home was most recently renovated and altered in 1925. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 2518 Potomac Street has 1,928 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 10,270 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 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 wood siding. In terms of heating, it is utilizing a gravity heating system. 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. Tax-wise, the current owner is expected to pay close to $4,259 in taxes each year. The initial year of tax delinquency occurred in 2022. 2518 Potomac Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $164,822. If we break it down further, the land itself was valued at $131,268. Improvements to the property, however, were assessed at a total of $40,554. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1921
  • Effective Year Built: 1925
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,270
  • Total Building Area: 1,928
  • Building Area: 1,928
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 1,928
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.236
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00005 BLK: AR: 0029 PAGE: 1002

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 406700

Geography

  • Assessors Map Reference: 10-C5
  • Parcel: 29-1002-5
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.8052
  • Longitude: -122.206

    Address

  • Full Address: 2518 Potomac St
  • Address - House Number: 2518
  • Address - Street Name: Potomac
  • Address - Suffix Type: St
  • State: CA
  • City Name: Oakland
  • Carrier Code: C018
  • 4-Digit Zip Code: 3035
  • Zip Code: 94602

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,259
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2118
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 71
  • Final Value: 1,235,206
  • High Value: 1,496,884
  • Low Value: 973,529

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $284,176
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jan 11, 2011
  • First Open Lien Mortgage Loan Amount: $80,700
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2026
  • Second Open Lien Mortgage Lender: UNIVERSITY & STATE EMPLOYEES C
  • Second Open Lien Mortgage Recording Date: Oct 26, 2012
  • Second Open Lien Mortgage Loan Amount: $203,476
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2042

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $164,822
  • Assessed Land Value: $131,268
  • Assessed Improvements Value: $40,554

    Exemptions

  • Homeowner Exemption: Yes

About Lower Hills District



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Frequently Asked Questions

What neighborhood is 2518 Potomac Street located in?
The 2518 Potomac Street is a located in the neighborhood of Lincoln Highlands in Lower Hills District, Oakland.
What is the average sales price for listings in 2518 Potomac Street?
The average sales price for units in 2518 Potomac Street is $0 currently.

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