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508 Centre Court

508 Centre Court, Alameda, CA 94502
Property in Bay Farm Island
Sold May 08, 2009
$375,000
$266,250 by Citimortgage Inc
Mortgage Due Jun 01, 2039
Sold Nov 14, 1997
$189,000
$151,200 by North American Mtg
Mortgage Due Dec 01, 2027
508 Centre Court 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 1985 and is 39 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 508 Centre Court has 1,042 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 54,886 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 B by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 508 Centre Court was last sold in May 5, 2009 for $375,000. According to our calculations, that's $359.88 per sqft. Prior to that sales transaction, the property was sold for $189,000 in Nov 11, 1997. Current property owners are expected to pay $6,292 in taxes per year. The property on 508 Centre Court was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $448,031. To break that down further, the land itself was valued at $136,509. While improvements to the property were assessed at a total of $318,522. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Unknown
  • Floor Count: 1
  • Living Units: 16
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 54,886
  • Total Building Area: 1,042
  • Building Area: 1,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,042
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CENTRE COURT
  • Land Acres: 1.26
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: BK: P138 PAGE: 81 LOT: BLDG: UNIT:68

Ownership

  • Current Owner : SHEN PAO CHIEN CHIN
  • Previous Owner : BUERKE MELANIE A
  • Owner Before Previous Owner: SUZUKI CHERYL L
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alameda City Unified School District
  • Census Tract: 428302

Geography

  • Assessors Map Reference: 21-E1
  • Parcel: 74-1332-123
  • Lot: 4B
  • Municipality: CITY OF ALAMEDA
  • Latitude: 37.7467
  • Longitude: -122.237

    Address

  • Full Address: 508 Centre Ct
  • Legal Unit: 68
  • Address - House Number: 508
  • Address - Street Name: Centre
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Alameda
  • Carrier Code: C025
  • 4-Digit Zip Code: 6530
  • Zip Code: 94502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,292
  • Tax Rate Code Area: 21-000

    Appraisal Valuation

  • Standard Deviation: 0.2033
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 72
  • Final Value: 782,464
  • High Value: 941,584
  • Low Value: 623,343

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $266,250
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 08, 2009
  • First Open Lien Mortgage Loan Amount: $266,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2039

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $448,031
  • Assessed Land Value: $136,509
  • Assessed Improvements Value: $318,522

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 05, 2009
  • Current Sale Recording Date: May 08, 2009
  • Current Sale Transaction ID: 1020496475
  • Current Sale Price: $375,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2009146300
  • Previous Sale Recording Date: Nov 14, 1997
  • Previous Sale Contract Date: Nov 11, 1997
  • Previous Sale Amount: $189,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIMORTGAGE INC
  • First Mortgage Transaction Date: May 08, 2009
  • First Mortgage Loan Amount: $266,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jun 01, 2039

    Previous Mortgages

  • Previous Mortgage Lender: NORTH AMERICAN MTG
  • Previous Mortgage Transaction Date: Nov 14, 1997
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $151,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Dec 01, 2027

About Bay Farm Island



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Frequently Asked Questions

What neighborhood is 508 Centre Court located in?
The 508 Centre Court is a located in the neighborhood of Bay Farm Island in Bay Farm Island, Alameda.
What is the average sales price for listings in 508 Centre Court?
The average sales price for units in 508 Centre Court is $0 currently.

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