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3038 Martin Luther King Jr Way

3038 Martin Luther King Jr Way, Oakland, CA 94609
Property in Hoover-Foster
Refi May 07, 2018
Transfer
$265,000 by Greenbox Loans Inc
Mortgage Due Jun 01, 2048
Local assessors in Oakland, CA have categorized 3038 Martin Luther King Jr Way as a residential type of property. The home was built in 1908 and is 116 years old. It was most recently renovated and altered in 1988. The property's lot size has been calculated to be 5,400 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 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. 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 3038 Martin Luther King Jr Way has a total of 1,440 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. 3038 Martin Luther King Jr Way was last assessed in 2018. The total value of the property was assessed at $143,120. Specifically, the land the property is located on was valued at $3,507. While improvements on the property were assessed at a total of $139,613. 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 $3,117. The initial tax year of delinquency was in 2017. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1908
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,400
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARTIN LUTHER KING A CONDO PRO
  • Land Acres: 0.124
  • Standard Land Use Code: Condominium unit (residential)

Ownership

  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 401400

Geography

  • Parcel: 9-708-88
  • Municipality: OAKLAND INCORP
  • Latitude: 37.82
  • Longitude: -122.271

    Address

  • Full Address: 3038 Martin Luther King Jr Way
  • Address - House Number: 3038
  • Address - Street Name: Martin Luther King Jr
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Oakland
  • Carrier Code: C022
  • 4-Digit Zip Code: 2927
  • Zip Code: 94609

Valuation

    Tax

  • Tax Year: 2018
  • Tax Amount: $3,117
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: 17-046

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Jul 24, 2019
  • Confidence Score: 78
  • Final Value: 610,410
  • High Value: 745,274
  • Low Value: 475,546

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $265,000
  • First Open Lien Mortgage Lender: GREENBOX LOANS INC
  • First Open Lien Mortgage Recording Date: May 07, 2018
  • First Open Lien Mortgage Loan Amount: $265,000
  • 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: Jun 01, 2048

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $143,120
  • Assessed Land Value: $3,507
  • Assessed Improvements Value: $139,613

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Frequently Asked Questions

What neighborhood is 3038 Martin Luther King Jr Way located in?
The 3038 Martin Luther King Jr Way is a located in the neighborhood of Hoover-Foster in West Oakland, Oakland.
What is the average sales price for listings in 3038 Martin Luther King Jr Way?
The average sales price for units in 3038 Martin Luther King Jr Way is $0 currently.

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