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2718 55th Avenue

2718 55th Avenue, Oakland, CA 94605
Property in Maxwell Park
Sold Dec 13, 2016
$580,000
$335,000 by Crosscountry Mortgage Llc
Mortgage Due Nov 01, 2051
Sold Oct 12, 2012
$300,000
$240,000 by Bocm
Mortgage Due Nov 01, 2042
2718 55th 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 1924 and is 100 years old. However, we must point out that the home was most recently renovated and altered in 1968. 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, 2718 55th Avenue has 1,028 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 4,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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. 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 property was last sold in Dec 9, 2016 for $580,000. That's $564.20 per sqft. Prior to that sales transaction, the property was also sold in Oct 10, 2012 for $300,000. 2718 55th Avenue was last assessed in 2022. The total value of the property was assessed at $627,304. Specifically, the land the property is located on was valued at $190,291. While improvements on the property were assessed at a total of $444,013. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $10,306. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,400
  • Total Building Area: 1,028
  • Building Area: 1,028
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,028
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLLEGE COURT
  • Land Acres: 0.101
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00005 BLK: AR: 0038 PAGE: 3175

Ownership

  • Current Owner : HIRSCH JARED P
  • Current Owner 2: HIRSCH JUSTINE
  • Previous Owner : SCHWEIGERDT STEPHEN
  • Previous Owner 2: SCHWEIGERDT BRONWYN
  • Owner Before Previous Owner: GOLD STANDARD BANC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 407700

Geography

  • Assessors Map Reference: 12-D3
  • Parcel: 38-3175-5
  • Lot: 19
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.7749
  • Longitude: -122.192

    Address

  • Full Address: 2718 55th Ave
  • Address - House Number: 2718
  • Address - Street Name: 55th
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C010
  • 4-Digit Zip Code: 1106
  • Zip Code: 94605

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,306
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2166
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 70
  • Final Value: 803,812
  • High Value: 977,929
  • Low Value: 629,694

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $335,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Loan Amount: $335,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $627,304
  • Assessed Land Value: $190,291
  • Assessed Improvements Value: $444,013

    Sales

  • Current Sale Contract Date: Dec 09, 2016
  • Current Sale Recording Date: Dec 13, 2016
  • Current Sale Transaction ID: 1918401263
  • Current Sale Price: $580,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2016325073
  • Previous Sale Recording Date: Oct 12, 2012
  • Previous Sale Contract Date: Oct 10, 2012
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF THE WEST
  • First Mortgage Transaction Date: Dec 13, 2016
  • First Mortgage Loan Amount: $355,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: BOCM
  • Previous Mortgage Transaction Date: Oct 12, 2012
  • Previous Mortgage Loan Amount: $240,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2042

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Frequently Asked Questions

What neighborhood is 2718 55th Avenue located in?
The 2718 55th Avenue is a located in the neighborhood of Maxwell Park in Central East Oakland, Oakland.
What is the average sales price for listings in 2718 55th Avenue?
The average sales price for units in 2718 55th Avenue is $0 currently.

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