Sold Dec 06, 2017
$1,250,000
Buyer
Seller
$522,923
by Loandepot.com Llc
Mortgage Due Jan 01, 2033
406 Morrison Lane has been categorized by the local assessors in Alameda, CA as a residential type of property.
The building on the property was first built in 2017 and is 7 years old.
The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms.
Residents will have access to 3 full bathrooms.
There are 4 partial bathrooms in the home.
The building has a total of 3 stories.
In addition, 406 Morrison Lane has 2,510 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 2,654 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 are a total of 2 available parking spaces. 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 B by the local assessor. The property was last sold in Dec 5, 2017 for $1,250,000. That's $498.01 per sqft. 406 Morrison Lane was last assessed in 2022. The total value of the property was assessed at $1,333,023. Specifically, the land the property is located on was valued at $401,964. While improvements on the property were assessed at a total of $938,059. 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 $24,035. 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! 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.
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 are a total of 2 available parking spaces. 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 B by the local assessor. The property was last sold in Dec 5, 2017 for $1,250,000. That's $498.01 per sqft. 406 Morrison Lane was last assessed in 2022. The total value of the property was assessed at $1,333,023. Specifically, the land the property is located on was valued at $401,964. While improvements on the property were assessed at a total of $938,059. 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 $24,035. 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! 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.
406 Morrison Lane, Alameda, CA 94501
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