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481 55th Street

481 55th Street, Oakland, CA 94609
House in Shafter
Sold Apr 23, 2021
$960,000
$720,000 by Crosscountry Mortgage Llc
Mortgage Due May 01, 2051
Sold Mar 08, 2000
$200,000
$160,000 by Chase Manhattan Mtg Corp
Mortgage Due Apr 01, 2030
Local assessors in Oakland, CA have categorized 481 55th Street as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 2,100 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 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 is one full bathroom. There is also a partial bathroom. 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 481 55th Street has a total of 780 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 carport for those who need a place to park their vehicle. 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 property was last sold in Apr 16, 2021 for $960,000. That's $1,230.77 per sqft. Prior to that sales transaction, the property was also sold in Mar 3, 2000 for $200,000. 481 55th Street was last assessed in 2022. The total value of the property was assessed at $972,200. Specifically, the land the property is located on was valued at $293,760. While improvements on the property were assessed at a total of $685,440. 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 $15,065. 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.

Building Features

Exterior

Stucco Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,100
  • Total Building Area: 780
  • Building Area: 780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VICENTE PERALTA
  • Land Acres: 0.048
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00004 BLK: AR: 0014 PAGE: 1225

Ownership

  • Current Owner : ZALESKI CHRISTINE MARIE
  • Current Owner 2: EISEN TIMOTHY JONAS
  • Previous Owner : LEE LISA S
  • Previous Owner 2: 2015 LISA LEE REVOCABLE TRUST
  • Owner Before Previous Owner: THURMAN ANTRONE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 400300

Geography

  • Assessors Map Reference: 4-C5
  • Parcel: 14-1225-4
  • Block: A
  • Lot: 14
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.84
  • Longitude: -122.261

    Address

  • Full Address: 481 55th St
  • Address - House Number: 481
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: CA
  • City Name: Oakland
  • Carrier Code: C006
  • 4-Digit Zip Code: 1912
  • Zip Code: 94609

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,065
  • Tax Rate Code Area: 17-003

    Appraisal Valuation

  • Standard Deviation: 0.2084
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 71
  • Final Value: 1,089,281
  • High Value: 1,316,295
  • Low Value: 862,266

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $720,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 23, 2021
  • First Open Lien Mortgage Loan Amount: $720,000
  • 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: $972,200
  • Assessed Land Value: $293,760
  • Assessed Improvements Value: $685,440

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 16, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Transaction ID: 11834445098
  • Current Sale Price: $960,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021159641
  • Previous Sale Recording Date: Mar 08, 2000
  • Previous Sale Contract Date: Mar 03, 2000
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Apr 23, 2021
  • First Mortgage Loan Amount: $720,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MTG CORP
  • Previous Mortgage Transaction Date: Mar 08, 2000
  • Previous Mortgage Loan Amount: $160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2030

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Frequently Asked Questions

What neighborhood is 481 55th Street located in?
The 481 55th Street is a house located in the neighborhood of Shafter in North Oakland, Oakland.
What is the average sales price for listings in 481 55th Street?
The average sales price for units in 481 55th Street is $799,000 , or $1,024/sqft. currently.

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