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4740 Loretta Way

4740 Loretta Way, Union City, CA 94587
House in Alameda
Sold Jan 08, 2021
$1,210,000
$904,000 by Us Bank Na
Mortgage Due Feb 01, 2051
Sold Apr 14, 2015
$700,000
$560,000 by Quicken Loans Inc
Mortgage Due May 01, 2045
Local assessors in Union City, CA have categorized 4740 Loretta Way as a residential type of property. The home was built in 1973 and is 51 years old. It was most recently renovated and altered in 1974. The property's lot size has been calculated to be 6,300 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 620 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a style that we are currently unable to determine. 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 4740 Loretta Way has a total of 1,340 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. 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 home's a forced air unit is the primary heating source. 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, 4740 Loretta Way sold most recently in Jan 4, 2021 for a total of $1,210,000. If you work out the math, that's approximately a cost of $902.99 per sqft. Before that, the property was also sold for $700,000 in Apr 7, 2015. 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 $16,660 in taxes each year. 4740 Loretta Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,227,200. If we break it down further, the land itself was valued at $370,260. Improvements to the property, however, were assessed at a total of $863,940. 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.

Building Features

Exterior

Stucco Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1974
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,300
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 620
  • Total Building Area: 1,340
  • Building Area: 1,340
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,340
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.145
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00159 BLK: TR: 3309

Ownership

  • Current Owner : SUNDARARAMAN PRADEEP
  • Current Owner 2: GANESH ARCHANA
  • Previous Owner : BHINDER MOHAN PREET
  • Previous Owner 2: BHINDER KASHMIR KAUR
  • Owner Before Previous Owner: PABLEY HARRY
  • Owner Before Previous Owner 2: PABLEY HEATHER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: New Haven Unified School District
  • Census Tract: 440305

Geography

  • Assessors Map Reference: 82-E4
  • Subdivision Tract Number: 3309
  • Parcel: 483-104-98
  • Lot: 159
  • Municipality: UNION CITY
  • Latitude: 37.5781
  • Longitude: -122.079

    Address

  • Full Address: 4740 Loretta Way
  • Address - House Number: 4740
  • Address - Street Name: Loretta
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Union City
  • Carrier Code: C020
  • 4-Digit Zip Code: 5033
  • Zip Code: 94587

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,660
  • Tax Rate Code Area: 15-002

    Appraisal Valuation

  • Standard Deviation: 0.1998
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 73
  • Final Value: 1,416,607
  • High Value: 1,699,662
  • Low Value: 1,133,552

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $904,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Jan 08, 2021
  • First Open Lien Mortgage Loan Amount: $904,000
  • 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: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,227,200
  • Assessed Land Value: $370,260
  • Assessed Improvements Value: $863,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 04, 2021
  • Current Sale Recording Date: Jan 08, 2021
  • Current Sale Transaction ID: 11823869536
  • Current Sale Price: $1,210,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021010864
  • Previous Sale Recording Date: Apr 14, 2015
  • Previous Sale Contract Date: Apr 07, 2015
  • Previous Sale Amount: $700,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Jan 08, 2021
  • First Mortgage Loan Amount: $904,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Apr 14, 2015
  • Previous Mortgage Loan Amount: $560,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2045

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Frequently Asked Questions

What neighborhood is 4740 Loretta Way located in?
The 4740 Loretta Way is a house located in the neighborhood of Alameda in Union City, Union City.
What is the average sales price for listings in 4740 Loretta Way?
The average sales price for units in 4740 Loretta Way is $1,025,000 , or $765/sqft. currently.

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