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423 Vernon Street

423 Vernon Street, Oakland, CA 94610
Property in Adams Point
Sold Oct 29, 2021
$1,085,000
$868,000 by Us Bank Na
Mortgage Due Nov 01, 2051
Sold May 07, 2019
$865,000
$605,500 by First Republic Bank
Mortgage Due Jun 01, 2049
423 Vernon Street in Oakland, CA was first built in 1924 and is 100 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 423 Vernon Street has 1,078 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 3,480 square feet.

Learn more about the property and building on this page. The roof of the home is made of tile. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a gravity heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 423 Vernon Street sold most recently in Oct 22, 2021 for a total of $1,085,000. If you work out the math, that's approximately a cost of $1,006.49 per sqft. Before that, the property was also sold for $865,000 in May 2, 2019. 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 $16,513 in taxes each year. 423 Vernon Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,078,000. If we break it down further, the land itself was valued at $325,500. Improvements to the property, however, were assessed at a total of $759,500. 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: 1924
  • Effective Year Built: 1924
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,480
  • Total Building Area: 1,078
  • Building Area: 1,078
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Gravity
  • Heated Square Feet: 1,078
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FLINT 02
  • Land Acres: 0.08
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00007 BLK: AR: 0010 PAGE: 0791

Ownership

  • Current Owner : SIMPSON MAYA
  • Current Owner 2: GALINDO ALBERTO
  • Previous Owner : LYNCH SEAN PATRICK
  • Owner Before Previous Owner: GUM PETER W
  • Owner Before Previous Owner 2: BARBLERI DIANA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 403502

Geography

  • Assessors Map Reference: 9-C2
  • Parcel: 10-791-7
  • Block: L
  • Lot: 11
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.8169
  • Longitude: -122.254

    Address

  • Full Address: 423 Vernon St
  • Address - House Number: 423
  • Address - Street Name: Vernon
  • Address - Suffix Type: St
  • State: CA
  • City Name: Oakland
  • Carrier Code: C030
  • 4-Digit Zip Code: 2927
  • Zip Code: 94610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,513
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2151
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 70
  • Final Value: 1,068,888
  • High Value: 1,298,898
  • Low Value: 838,877

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $868,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $868,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,078,000
  • Assessed Land Value: $325,500
  • Assessed Improvements Value: $759,500

    Sales

  • Current Sale Contract Date: Oct 22, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11864601748
  • Current Sale Price: $1,085,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021357926
  • Previous Sale Recording Date: May 07, 2019
  • Previous Sale Contract Date: May 02, 2019
  • Previous Sale Amount: $865,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $868,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRST REPUBLIC BANK
  • Previous Mortgage Transaction Date: May 07, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $605,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2049

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Frequently Asked Questions

What neighborhood is 423 Vernon Street located in?
The 423 Vernon Street is a located in the neighborhood of Adams Point in Central Oakland, Oakland.
What is the average sales price for listings in 423 Vernon Street?
The average sales price for units in 423 Vernon Street is $0 currently.

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