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329 Coral Reef Road

329 Coral Reef Road, Alameda, CA 94501
House in South Shore
Sold Apr 11, 2019
$980,000
$764,000 by Bank Of America Na
Mortgage Due Nov 01, 2050
Local assessors in Alameda, CA have categorized 329 Coral Reef Road as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 1965. The property's lot size has been calculated to be 5,000 square feet. 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 2 partial bathrooms. 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 329 Coral Reef Road has a total of 1,485 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. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 4, 2019 for $980,000. That's $659.93 per sqft. 329 Coral Reef Road was last assessed in 2022. The total value of the property was assessed at $1,023,145. Specifically, the land the property is located on was valued at $412,058. While improvements on the property were assessed at a total of $618,087. 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 $14,024. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

Building Features

Exterior

Stucco Exterior

Driveway

Driveway

Parking

Attached Garage
Guest Parking
Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 1,485
  • Building Area: 1,485
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,485
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1898 SOUTH SHORE UN 2
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00027 BLK: 0008 TR: 1898

Ownership

  • Current Owner : LEE ALVIN
  • Current Owner 2: LEE CASSANDRA MARIE
  • Previous Owner : MARGARET A FIELD LIVING TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Alameda City Unified School District
  • Census Tract: 428600

Geography

  • Assessors Map Reference: 11-B6
  • Subdivision Tract Number: 1898
  • Parcel: 74-1265-107
  • Block: 8
  • Lot: 27
  • Municipality: CITY OF ALAMEDA
  • Latitude: 37.7613
  • Longitude: -122.265

    Address

  • Full Address: 329 Coral Reef Rd
  • Address - House Number: 329
  • Address - Street Name: Coral Reef
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Alameda
  • Carrier Code: C031
  • 4-Digit Zip Code: 5928
  • Zip Code: 94501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,024
  • Tax Rate Code Area: 21-000

    Appraisal Valuation

  • Standard Deviation: 0.2035
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 72
  • Final Value: 1,234,124
  • High Value: 1,485,341
  • Low Value: 982,908

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $764,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Loan Amount: $764,000
  • 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, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,023,145
  • Assessed Land Value: $412,058
  • Assessed Improvements Value: $618,087

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 04, 2019
  • Current Sale Recording Date: Apr 11, 2019
  • Current Sale Transaction ID: 11598666680
  • Current Sale Price: $980,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019065084

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Apr 11, 2019
  • First Mortgage Loan Amount: $784,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

About East End



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Frequently Asked Questions

What neighborhood is 329 Coral Reef Road located in?
The 329 Coral Reef Road is a house located in the neighborhood of South Shore in East End, Alameda.
What is the average sales price for listings in 329 Coral Reef Road?
The average sales price for units in 329 Coral Reef Road is $0 currently.

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