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2928 Morgan Avenue

2928 Morgan Avenue, Oakland, CA 94602
Townhouse in Lincoln Highlands
Sold Apr 14, 2021
$825,000
$701,250 by United Wholesale Mortgage
Mortgage Due May 01, 2051
Sold Nov 13, 2019
$695,000
$556,000 by Bank Of America Na
Mortgage Due Dec 01, 2049
Local assessors in Oakland, CA have categorized 2928 Morgan Avenue as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 24,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2928 Morgan Avenue has a total of 841 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. 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, 2928 Morgan Avenue sold most recently in Apr 9, 2021 for a total of $825,000. If you work out the math, that's approximately a cost of $980.98 per sqft. Before that, the property was also sold for $695,000 in Nov 8, 2019. 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 $13,125 in taxes each year. The initial year of tax delinquency occurred in 2021. 2928 Morgan Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $834,500. If we break it down further, the land itself was valued at $252,450. Improvements to the property, however, were assessed at a total of $589,050. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Stucco Exterior

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Unknown
  • Floor Count: 1
  • Living Units: 9
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,000
  • Total Building Area: 841
  • Building Area: 841
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 841
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORGAN PATIO CONDOS
  • Land Acres: 0.551
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR: 4448 LOT: BLDG: UNIT:2928

Ownership

  • Current Owner : LI JESSICA
  • Current Owner 2: CHEN VICTORIA
  • Previous Owner : JOHNSON CHRISTOPHER G
  • Previous Owner 2: THOMPSON MEGAN
  • Owner Before Previous Owner: DUNBAR JUDITH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • Assessors Map Reference: 10-C5
  • Subdivision Tract Number: 4448
  • Parcel: 29-984-25
  • Lot: 1
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.8023
  • Longitude: -122.201

    Address

  • Full Address: 2928 Morgan Ave
  • Legal Unit: 2928
  • Address - House Number: 2928
  • Address - Street Name: Morgan
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C018
  • 4-Digit Zip Code: 3449
  • Zip Code: 94602

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,125
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2256
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 68
  • Final Value: 835,312
  • High Value: 1,023,763
  • Low Value: 646,860

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $701,250
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 14, 2021
  • First Open Lien Mortgage Loan Amount: $701,250
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $834,500
  • Assessed Land Value: $252,450
  • Assessed Improvements Value: $589,050

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 09, 2021
  • Current Sale Recording Date: Apr 14, 2021
  • Current Sale Transaction ID: 11833113308
  • Current Sale Price: $825,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021147074
  • Previous Sale Recording Date: Nov 13, 2019
  • Previous Sale Contract Date: Nov 08, 2019
  • Previous Sale Amount: $695,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Apr 14, 2021
  • First Mortgage Loan Amount: $701,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Nov 13, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $556,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2049

About Lower Hills District



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Nearby Rentals

Unit for rent at

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,095 ft²
Listing by Paul LeJoy
Unit for rent at

$1,795 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager
Unit for rent at

$8,200 /mo

  • 3 Beds
  • 3.5 Baths
  • 2,373 ft²
Listing by Manager
Unit for rent at

$5,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,675 ft²
Listing by Manager
Unit for rent at

$3,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,754 ft²
Listing by Manager
Unit for rent at

$2,999 /mo

  • 3 Beds
  • 1 Bath
  • 1,094 ft²
Listing by Manager
Unit for rent at

$3,995 /mo

  • 4 Beds
  • 3 Baths
  • 1,800 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 2928 Morgan Avenue located in?
The 2928 Morgan Avenue is a townhouse located in the neighborhood of Lincoln Highlands in Lower Hills District, Oakland.
What is the average sales price for listings in 2928 Morgan Avenue?
The average sales price for units in 2928 Morgan Avenue is $749,000 , or $891/sqft. currently.

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