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3451 Margarita Avenue

3451 Margarita Avenue, Oakland, CA 94605
Sold Sep 05, 2023
$505,763
Sold Jul 24, 2006
Transfer
$417,000 by Sterlent Cu
Mortgage Due Aug 01, 2036
3451 Margarita Avenue has been categorized by the local assessors in Oakland, CA as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3451 Margarita Avenue has 1,624 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,200 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3451 Margarita Avenue sold most recently in Aug 30, 2023 for a total of $505,763. If you work out the math, that's approximately a cost of $311.43 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,681 in taxes each year. 3451 Margarita Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $794,642. If we break it down further, the land itself was valued at $240,492. Improvements to the property, however, were assessed at a total of $561,150. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,200
  • Total Building Area: 1,624
  • Building Area: 1,624
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,624
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK KNOLL C
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00015 BLK: AR: 043A PAGE: 4691

Ownership

  • Current Owner : LIU ZHIHUI
  • Previous Owner : TREDER BARRETT DAFFIN FRAPPIER
  • Previous Owner 2: TREDER WEISS
  • Owner Before Previous Owner: DAWSON DERRICK
  • Owner Before Previous Owner 2: DAWSON MICHELLE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 409800

Geography

  • Assessors Map Reference: 15-C6
  • Parcel: 43A-4691-15
  • Lot: 330
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.7581
  • Longitude: -122.151

    Address

  • Full Address: 3451 Margarita Ave
  • Address - House Number: 3451
  • Address - Street Name: Margarita
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C026
  • 4-Digit Zip Code: 4472
  • Zip Code: 94605

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,681
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2112
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 71
  • Final Value: 992,702
  • High Value: 1,202,451
  • Low Value: 782,953

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $794,642
  • Assessed Land Value: $240,492
  • Assessed Improvements Value: $561,150

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2023
  • Current Sale Recording Date: Sep 05, 2023
  • Current Sale Transaction ID: 11913467076
  • Current Sale Price: $505,763
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 100924
  • Previous Sale Recording Date: Jul 24, 2006
  • Previous Sale Contract Date: Jul 18, 2006
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: STERLENT CU
  • Previous Mortgage Transaction Date: Jul 24, 2006
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2036

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Frequently Asked Questions

What neighborhood is 3451 Margarita Avenue located in?
The 3451 Margarita Avenue is a located in the neighborhood of Oak Knoll Golf Links in Elmhurst, Oakland.
What is the average sales price for listings in 3451 Margarita Avenue?
The average sales price for units in 3451 Margarita Avenue is $0 currently.

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