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4047 Rusting Avenue

4047 Rusting Avenue, Oakland, CA 94605
Property in Leona Heights
Sold Apr 15, 2021
$1,275,000
$1,020,000 by First Republic Bank
Mortgage Due May 01, 2051
Sold Apr 10, 2014
$530,000
$477,000 by Sovereign Lending Group Incorp
Mortgage Due May 01, 2044
4047 Rusting 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 1951 and is 73 years old. However, we must point out that the home was most recently renovated and altered in 1990. 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, 4047 Rusting Avenue has 1,611 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,280 ft and across the front of the lot is 460 ft. The area measurement of the land has been determined as 5,842 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. 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. The property was last sold in Apr 8, 2021 for $1,275,000. That's $791.43 per sqft. Prior to that sales transaction, the property was also sold in Apr 4, 2014 for $530,000. 4047 Rusting Avenue was last assessed in 2022. The total value of the property was assessed at $1,300,500. Specifically, the land the property is located on was valued at $390,150. While improvements on the property were assessed at a total of $910,350. 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 $19,656. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 1951
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,842
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 460
  • Total Building Area: 1,611
  • Building Area: 1,611
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,611
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00004 BLK: 0011 AR: 0037 PAGE: 2605

Ownership

  • Current Owner : WIGHT JENELLE
  • Current Owner 2: PEREZ OLIVER
  • Previous Owner : CHAPMAN TRIPP BROOKE A
  • Previous Owner 2: TRIPP MICHAEL W
  • Owner Before Previous Owner: DHILLION NAVNEET
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 408100

Geography

  • Assessors Map Reference: 15-A1
  • Parcel: 37-2605-11-4
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.7837
  • Longitude: -122.175

    Address

  • Full Address: 4047 Rusting Ave
  • Address - House Number: 4047
  • Address - Street Name: Rusting
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C019
  • 4-Digit Zip Code: 1213
  • Zip Code: 94605

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,656
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.1836
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 76
  • Final Value: 1,193,239
  • High Value: 1,412,331
  • Low Value: 974,148

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,020,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Apr 15, 2021
  • First Open Lien Mortgage Loan Amount: $1,020,000
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,300,500
  • Assessed Land Value: $390,150
  • Assessed Improvements Value: $910,350

    Sales

  • Current Sale Contract Date: Apr 08, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Transaction ID: 11833264926
  • Current Sale Price: $1,275,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021149105
  • Previous Sale Recording Date: Apr 10, 2014
  • Previous Sale Contract Date: Apr 04, 2014
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Apr 15, 2021
  • First Mortgage Loan Amount: $1,020,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SOVEREIGN LENDING GROUP INCORP
  • Previous Mortgage Transaction Date: Apr 10, 2014
  • Previous Mortgage Loan Amount: $477,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2044

About South Hills



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Nearby Rentals

Unit for rent at 7406 Deerwood Ave, Oakland, CA, 94605

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,153 ft²
7406 Deerwood Ave #A, Oakland, CA, 94605 Listing by Jon Meyers

Frequently Asked Questions

What neighborhood is 4047 Rusting Avenue located in?
The 4047 Rusting Avenue is a located in the neighborhood of Leona Heights in South Hills, Oakland.
What is the average sales price for listings in 4047 Rusting Avenue?
The average sales price for units in 4047 Rusting Avenue is $0 currently.

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