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3318 Nicol Avenue

3318 Nicol Avenue, Oakland, CA 94602
Property in Bartlett
Sold Apr 25, 2022
$678,000
$500,000 by United Wholesale Mortgage Llc
Mortgage Due Jun 01, 2052
Sold Sep 20, 2005
$480,000
$360,000 by Accubanc Mortgage
Mortgage Due Oct 01, 2035
Local assessors in Oakland, CA have categorized 3318 Nicol Avenue as a residential type of property. The home was built in 1922 and is 102 years old. The property's lot size has been calculated to be 4,160 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 5 full bathrooms. There are also 5 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 3318 Nicol Avenue has a total of 1,141 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. 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, 3318 Nicol Avenue was last sold in Apr 11, 2022 for $678,000. According to our calculations, that's $594.22 per sqft. Prior to that sales transaction, the property was sold for $480,000 in Sep 13, 2005. Current property owners are expected to pay $10,179 in taxes per year. The property on 3318 Nicol Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $618,076. To break that down further, the land itself was valued at $185,423. While improvements to the property were assessed at a total of $432,653. 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: 1922
  • Effective Year Built: 1922
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,160
  • Total Building Area: 1,141
  • Building Area: 1,141
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,141
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BERLIN ORCHARD
  • Land Acres: 0.096
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00007 BLK: AR: 0027 PAGE: 0866

Ownership

  • Current Owner : ZEYU REVOCABLE LIVING TRUST
  • Previous Owner : MICHAEL SMITH
  • Owner Before Previous Owner: LIM CHARLY SENG
  • Owner Before Previous Owner 2: LING MOM K
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 406601

Geography

  • Assessors Map Reference: 10-B7
  • Parcel: 27-866-7
  • Lot: 11
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.791
  • Longitude: -122.21

    Address

  • Full Address: 3318 Nicol Ave
  • Address - House Number: 3318
  • Address - Street Name: Nicol
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C011
  • 4-Digit Zip Code: 3619
  • Zip Code: 94602

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,179
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 71
  • Final Value: 803,221
  • High Value: 972,825
  • Low Value: 633,617

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 02, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $618,076
  • Assessed Land Value: $185,423
  • Assessed Improvements Value: $432,653

    Sales

  • Current Sale Contract Date: Apr 11, 2022
  • Current Sale Recording Date: Apr 25, 2022
  • Current Sale Transaction ID: 11890710049
  • Current Sale Price: $678,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 81669
  • Previous Sale Recording Date: Sep 20, 2005
  • Previous Sale Contract Date: Sep 13, 2005
  • Previous Sale Amount: $480,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: ACCUBANC MORTGAGE
  • Previous Mortgage Transaction Date: Sep 20, 2005
  • Previous Mortgage Loan Amount: $360,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Oct 01, 2035

About Fruitvale



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Frequently Asked Questions

What neighborhood is 3318 Nicol Avenue located in?
The 3318 Nicol Avenue is a located in the neighborhood of Bartlett in Fruitvale, Oakland.
What is the average sales price for listings in 3318 Nicol Avenue?
The average sales price for units in 3318 Nicol Avenue is $0 currently.

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