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3103 La Cresta

3103 La Cresta, Alameda, CA 94502
Property in Bay Farm Island
Sold May 07, 2013
$481,000
$183,000 by Industrial And Commercial Bank
Mortgage Due Aug 01, 2052
Sold Aug 11, 2005
$578,000
$433,500 by Washington Mutual Bank Fa
Mortgage Due Sep 01, 2035
Local assessors in Alameda, CA have categorized 3103 La Cresta as a residential type of property. The home was built in 1967 and is 57 years old. It was most recently renovated and altered in 1968. The property's lot size has been calculated to be 1,650 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 are 2 full bathrooms. There are also 3 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 3103 La Cresta has a total of 1,584 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. 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 property was last sold in Apr 26, 2013 for $481,000. That's $303.66 per sqft. Prior to that sales transaction, the property was also sold in Aug 1, 2005 for $578,000. 3103 La Cresta was last assessed in 2022. The total value of the property was assessed at $551,137. Specifically, the land the property is located on was valued at $167,441. While improvements on the property were assessed at a total of $390,696. 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 $8,512. 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: 1967
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,650
  • Total Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,584
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 2913 FILED MARCH 3 1967
  • Land Acres: 0.038
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: LOT: 00040 BLK: TR: 2913

Ownership

  • Current Owner : CHEN SHUYI
  • Previous Owner : KWOK JOEL
  • Previous Owner 2: JOEL KWOK TRUST
  • Owner Before Previous Owner: AUBE KARL E
  • Owner Before Previous Owner 2: AUBE LINDA L
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alameda City Unified School District
  • Census Tract: 428301

Geography

  • Assessors Map Reference: 21-D3
  • Subdivision Tract Number: 2913
  • Parcel: 74-1066-49
  • Lot: 40
  • Municipality: CITY OF ALAMEDA
  • Latitude: 37.7357
  • Longitude: -122.245

    Address

  • Full Address: 3103 La Cresta
  • Address - House Number: 3103
  • Address - Street Name: La Cresta
  • State: CA
  • City Name: Alameda
  • Carrier Code: C080
  • 4-Digit Zip Code: 6825
  • Zip Code: 94502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,512
  • Tax Rate Code Area: 21-000

    Appraisal Valuation

  • Standard Deviation: 0.1962
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 73
  • Final Value: 990,219
  • High Value: 1,184,515
  • Low Value: 795,923

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $183,000
  • First Open Lien Mortgage Lender: INDUSTRIAL AND COMMERCIAL BANK
  • First Open Lien Mortgage Recording Date: Jul 27, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $183,000
  • 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: Aug 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $551,137
  • Assessed Land Value: $167,441
  • Assessed Improvements Value: $390,696

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 26, 2013
  • Current Sale Recording Date: May 07, 2013
  • Current Sale Transaction ID: 1030823956
  • Current Sale Price: $481,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2013159298
  • Previous Sale Recording Date: Aug 11, 2005
  • Previous Sale Contract Date: Aug 01, 2005
  • Previous Sale Amount: $578,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: May 07, 2013
  • First Mortgage Loan Amount: $288,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Aug 11, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $433,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Sep 01, 2035

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Frequently Asked Questions

What neighborhood is 3103 La Cresta located in?
The 3103 La Cresta is a located in the neighborhood of Bay Farm Island in Bay Farm Island, Alameda.
What is the average sales price for listings in 3103 La Cresta?
The average sales price for units in 3103 La Cresta is $0 currently.

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