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470 Pacific Avenue

470 Pacific Avenue, Alameda, CA 94501
Property in West End
Sold Feb 26, 2015
$550,000
470 Pacific Avenue 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 1920 and is 104 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 470 Pacific Avenue has 2,230 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 4,520 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. 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 Feb 18, 2015 for $550,000. That's $246.64 per sqft. 470 Pacific Avenue was last assessed in 2022. The total value of the property was assessed at $819,729. Specifically, the land the property is located on was valued at $339,750. While improvements on the property were assessed at a total of $479,979. 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 $12,413. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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: 1920
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,520
  • Total Building Area: 2,230
  • Gross Building Area: 2,230
  • Building Area: 2,230
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,230
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: E S CHIPMANS FIVE ACRE TRACT S
  • Land Acres: 0.104
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT: 00100 BLK: AR: 0074 PAGE: 0449

Ownership

  • Current Owner : LEUNG CLARE S
  • Current Owner 2: LEUNG WAYNE
  • Previous Owner : WADEL SIBYL
  • Previous Owner 2: THE RITA MARIANI 1993 LIVING T
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alameda City Unified School District
  • Census Tract: 427600

Geography

  • Assessors Map Reference: 11-A3
  • Parcel: 74-449-100
  • Municipality: CITY OF ALAMEDA
  • Latitude: 37.7762
  • Longitude: -122.283

    Address

  • Full Address: 470 Pacific Ave
  • Address - House Number: 470
  • Address - Street Name: Pacific
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Alameda
  • Carrier Code: C069
  • 4-Digit Zip Code: 1838
  • Zip Code: 94501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,413
  • Tax Rate Code Area: 21-000

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 71
  • Final Value: 1,268,508
  • High Value: 1,536,359
  • Low Value: 1,000,657

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $819,729
  • Assessed Land Value: $339,750
  • Assessed Improvements Value: $479,979

    Sales

  • Current Sale Contract Date: Feb 18, 2015
  • Current Sale Recording Date: Feb 26, 2015
  • Current Sale Transaction ID: 1020507963
  • Current Sale Price: $550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2015054195

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Feb 26, 2015
  • First Mortgage Loan Amount: $412,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Mar 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 470 Pacific Avenue located in?
The 470 Pacific Avenue is a located in the neighborhood of West End in West End, Alameda.
What is the average sales price for listings in 470 Pacific Avenue?
The average sales price for units in 470 Pacific Avenue is $0 currently.

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