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481 Wesley Avenue

481 Wesley Avenue, Oakland, CA 94606
Sold Sep 16, 2005
$492,000
$393,600 by Residential Mortgage Capital
Mortgage Due Oct 01, 2035
481 Wesley Avenue has been categorized by the local assessors in Oakland, CA as a residential type of property. The building on the property was first built in 1952 and is 72 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 481 Wesley Avenue has 1,368 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 2,042 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown 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. 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. 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, 481 Wesley Avenue sold most recently in Sep 9, 2005 for a total of $492,000. If you work out the math, that's approximately a cost of $359.65 per sqft. 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 $10,791 in taxes each year. 481 Wesley Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $633,528. If we break it down further, the land itself was valued at $190,058. Improvements to the property, however, were assessed at a total of $443,470. 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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Unknown
  • Floor Count: 2
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,042
  • Total Building Area: 1,368
  • Gross Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CAPITAL HOMESTEAD ASSOCIATION
  • Land Acres: 0.047
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT: 00004 BLK: AR: 0023 PAGE: 0412

Ownership

  • Current Owner : HARKINSON CHRISTINE
  • Previous Owner : MILLER BERNICE
  • Previous Owner 2: THE KEITH N GODFREY LIVING TRU
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 405301

Geography

  • Assessors Map Reference: 9-D4
  • Parcel: 23-412-4
  • Lot: 38
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.8046
  • Longitude: -122.25

    Address

  • Full Address: 481 Wesley Ave
  • Address - House Number: 481
  • Address - Street Name: Wesley
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C009
  • 4-Digit Zip Code: 1128
  • Zip Code: 94606

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,791
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2127
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 71
  • Final Value: 908,411
  • High Value: 1,101,707
  • Low Value: 715,116

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $393,600
  • First Open Lien Mortgage Lender: RESIDENTIAL MORTGAGE CAPITAL
  • First Open Lien Mortgage Recording Date: Sep 16, 2005
  • First Open Lien Mortgage Loan Amount: $393,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $633,528
  • Assessed Land Value: $190,058
  • Assessed Improvements Value: $443,470

    Sales

  • Current Sale Contract Date: Sep 09, 2005
  • Current Sale Recording Date: Sep 16, 2005
  • Current Sale Transaction ID: 1029888542
  • Current Sale Price: $492,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2005399344

    Last Sale Mortgage

  • First Mortgage Lender: RESIDENTIAL MORTGAGE CAPITAL
  • First Mortgage Transaction Date: Sep 16, 2005
  • First Mortgage Loan Amount: $393,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Oct 01, 2035

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 481 Wesley Avenue located in?
The 481 Wesley Avenue is a located in the neighborhood of Cleveland Heights in San Antonio, Oakland.
What is the average sales price for listings in 481 Wesley Avenue?
The average sales price for units in 481 Wesley Avenue is $0 currently.

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