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3987 Altamont Avenue

3987 Altamont Avenue, Oakland, CA 94605
Property in Millsmont
Sold Aug 10, 2018
$768,000
$376,320 by Nexera Holding Llc
Mortgage Due Sep 01, 2048
Sold Jan 09, 2018
$526,100
Local assessors in Oakland, CA have categorized 3987 Altamont Avenue as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1950. The property's lot size has been calculated to be 6,250 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 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 3987 Altamont Avenue has a total of 1,077 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 building has a roof that is made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. The property was last sold in Aug 1, 2018 for $768,000. That's $713.09 per sqft. Prior to that sales transaction, the property was also sold in Jan 3, 2018 for $526,100. 3987 Altamont Avenue was last assessed in 2022. The total value of the property was assessed at $807,297. Specifically, the land the property is located on was valued at $247,024. While improvements on the property were assessed at a total of $560,273. 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 $12,855. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1925
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,250
  • Total Building Area: 1,077
  • Building Area: 1,077
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,077
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MILLSMONT
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00004 BLK: AR: 037A PAGE: 2765

Ownership

  • Current Owner : HU HELEN H
  • Current Owner 2: HU THERON
  • Previous Owner : BRECKENRIDGE PROPERTY FUND 2016 LLC
  • Owner Before Previous Owner: CARTER AARON L
  • Owner Before Previous Owner 2: CARTER AARON LEE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 408300

Geography

  • Assessors Map Reference: 15-A3
  • Parcel: 37A-2765-4
  • Lot: 193
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.7763
  • Longitude: -122.168

    Address

  • Full Address: 3987 Altamont Ave
  • Address - House Number: 3987
  • Address - Street Name: Altamont
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C019
  • 4-Digit Zip Code: 2601
  • Zip Code: 94605

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,855
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2177
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 70
  • Final Value: 809,682
  • High Value: 986,001
  • Low Value: 633,364

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $376,320
  • First Open Lien Mortgage Lender: NEXERA HOLDING LLC
  • First Open Lien Mortgage Recording Date: Aug 10, 2018
  • First Open Lien Mortgage Loan Amount: $376,320
  • 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: Sep 01, 2048

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $807,297
  • Assessed Land Value: $247,024
  • Assessed Improvements Value: $560,273

    Sales

  • Current Sale Contract Date: Aug 01, 2018
  • Current Sale Recording Date: Aug 10, 2018
  • Current Sale Transaction ID: 11498898518
  • Current Sale Price: $768,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018157145
  • Previous Sale Recording Date: Jan 09, 2018
  • Previous Sale Contract Date: Jan 03, 2018
  • Previous Sale Amount: $526,100
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: NEXERA HOLDING LLC
  • First Mortgage Transaction Date: Aug 10, 2018
  • First Mortgage Loan Amount: $376,320
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

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Frequently Asked Questions

What neighborhood is 3987 Altamont Avenue located in?
The 3987 Altamont Avenue is a located in the neighborhood of Millsmont in Central East Oakland, Oakland.
What is the average sales price for listings in 3987 Altamont Avenue?
The average sales price for units in 3987 Altamont Avenue is $0 currently.

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