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2940 Telegraph Avenue

2940 Telegraph Avenue, Oakland, CA 94609
Property in Pill Hill
Sold Jun 24, 2021
$1,220,000
$900,000 by Jpmorgan Chase Bank Na
Mortgage Due Jul 01, 2051
Sold Feb 11, 2015
$635,000
$423,500 by Ethos Lending Llc
Mortgage Due Mar 01, 2045
Local assessors in Oakland, CA have categorized 2940 Telegraph Avenue as a residential type of property. The home was built in 1910 and is 114 years old. It was most recently renovated and altered in 1957. The property's lot size has been calculated to be 3,018 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 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 are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2940 Telegraph Avenue has a total of 2,784 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 - C. The building has a roof that is made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2940 Telegraph Avenue was last sold in Jun 22, 2021 for $1,220,000. According to our calculations, that's $438.22 per sqft. Prior to that sales transaction, the property was sold for $635,000 in Feb 6, 2015. Current property owners are expected to pay $19,994 in taxes per year. The property on 2940 Telegraph Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,244,400. To break that down further, the land itself was valued at $373,320. While improvements to the property were assessed at a total of $871,080. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,018
  • Total Building Area: 2,784
  • Gross Building Area: 2,784
  • Building Area: 2,784
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,784
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCCLURE ACADEMY GROUNDS
  • Land Acres: 0.069
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT: 00016 BLK: AR: 0009 PAGE: 0699

Ownership

  • Current Owner : KIM HYUN CHUL
  • Current Owner 2: KO KYUNG OK
  • Previous Owner : PECKHAM VICTORIA K
  • Owner Before Previous Owner: CHOE EUN YONG
  • Owner Before Previous Owner 2: CHOE SOON HWA

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 401300

Zoning

  • Zoning: C40

Geography

  • Assessors Map Reference: 9-B2
  • Parcel: 9-699-16
  • Lot: 5&6
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.8188
  • Longitude: -122.267

    Address

  • Full Address: 2940 Telegraph Ave
  • Address - House Number: 2940
  • Address - Street Name: Telegraph
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C019
  • 4-Digit Zip Code: 3503
  • Zip Code: 94609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,994
  • Tax Rate Code Area: 17-042

    Appraisal Valuation

  • Standard Deviation: 0.1759
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 1,297,258
  • High Value: 1,525,476
  • Low Value: 1,069,040

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,070,931
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jun 24, 2021
  • First Open Lien Mortgage Loan Amount: $900,000
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: JESSICA KWON ETAL
  • Second Open Lien Mortgage Recording Date: Jul 27, 2021
  • Second Open Lien Mortgage Loan Amount: $170,931
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Jul 27, 2051
  • Second Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,244,400
  • Assessed Land Value: $373,320
  • Assessed Improvements Value: $871,080

    Sales

  • Current Sale Contract Date: Jun 22, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Transaction ID: 11841582007
  • Current Sale Price: $1,220,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021227253
  • Previous Sale Recording Date: Feb 11, 2015
  • Previous Sale Contract Date: Feb 06, 2015
  • Previous Sale Amount: $635,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Jun 24, 2021
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ETHOS LENDING LLC
  • Previous Mortgage Transaction Date: Feb 11, 2015
  • Previous Mortgage Loan Amount: $423,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2045

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Frequently Asked Questions

What neighborhood is 2940 Telegraph Avenue located in?
The 2940 Telegraph Avenue is a located in the neighborhood of Pill Hill in Central Oakland, Oakland.
What is the average sales price for listings in 2940 Telegraph Avenue?
The average sales price for units in 2940 Telegraph Avenue is $0 currently.

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