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2617 Octavia Street

2617 Octavia Street, Oakland, CA 94619
Property in Allendale
Sold Apr 25, 2022
$1,897,090
$564,000 by Rocket Mortgage Llc
Mortgage Due May 01, 2052
Sold Feb 11, 2021
$153,500
$460,000 by Cmg Mortgage Inc
Mortgage Due Mar 01, 2051
2617 Octavia Street in Oakland, CA was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1979. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2617 Octavia Street has 2,044 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 2,900 square feet.

Learn more about the property and building on this page. For those who need parking, there is a carport. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. 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, 2617 Octavia Street sold most recently in Apr 18, 2022 for a total of $1,897,090. If you work out the math, that's approximately a cost of $928.13 per sqft. Before that, the property was also sold for $153,500 in Feb 3, 2021. 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 $9,017 in taxes each year. 2617 Octavia Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $610,785. If we break it down further, the land itself was valued at $183,235. Improvements to the property, however, were assessed at a total of $427,550. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1925
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,900
  • Total Building Area: 2,044
  • Building Area: 2,044
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,044
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALLENDALE
  • Land Acres: 0.067
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00001 BLK: 0024 AR: 0032 PAGE: 2068

Ownership

  • Current Owner : GALVEZ JENNILYN
  • Current Owner 2: DICHOSO EMEL REY
  • Previous Owner : MALVIN GALVEZ
  • Owner Before Previous Owner: GALVEZ MALVIN
  • Owner Before Previous Owner 2: GUAN MICHELLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 407000

Geography

  • Assessors Map Reference: 10-C7
  • Parcel: 32-2068-24-1
  • Lot: 21
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.7878
  • Longitude: -122.21

    Address

  • Full Address: 2617 Octavia St
  • Address - House Number: 2617
  • Address - Street Name: Octavia
  • Address - Suffix Type: St
  • State: CA
  • City Name: Oakland
  • Carrier Code: C007
  • 4-Digit Zip Code: 1057
  • Zip Code: 94619

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,017
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2328
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 67
  • Final Value: 758,165
  • High Value: 934,726
  • Low Value: 581,604

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $564,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 25, 2022
  • First Open Lien Mortgage Loan Amount: $564,000
  • 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: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $610,785
  • Assessed Land Value: $183,235
  • Assessed Improvements Value: $427,550

    Sales

  • Current Sale Contract Date: Apr 18, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Transaction ID: 11887533324
  • Current Sale Price: $1,897,090
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 81402
  • Previous Sale Recording Date: Feb 11, 2021
  • Previous Sale Contract Date: Feb 03, 2021
  • Previous Sale Amount: $153,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 25, 2022
  • First Mortgage Loan Amount: $564,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CMG MORTGAGE INC
  • Previous Mortgage Transaction Date: Feb 11, 2021
  • Previous Mortgage Loan Amount: $460,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2051

About Fruitvale



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Frequently Asked Questions

What neighborhood is 2617 Octavia Street located in?
The 2617 Octavia Street is a located in the neighborhood of Allendale in Fruitvale, Oakland.
What is the average sales price for listings in 2617 Octavia Street?
The average sales price for units in 2617 Octavia Street is $0 currently.

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