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5131 Gately Avenue

5131 Gately Avenue, Richmond, CA 94804
Property in Park View
Sold Aug 07, 2020
$633,000
$94,915 by Commerce Home Mortgage Llc
Mortgage Due Sep 01, 2050
Sold Aug 07, 2014
$330,000
$200,000 by Googain Inc
Mortgage Due Sep 01, 2044
Local assessors in Richmond, CA have categorized 5131 Gately Avenue as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 1975. The property's lot size has been calculated to be 3,000 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5131 Gately Avenue has a total of 1,965 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 attached garage for those who need a place to park their vehicle. The garage on the property is 269 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. The home's a central heating system is the primary heating source. The property was last sold in Jul 29, 2020 for $633,000. That's $322.14 per sqft. Prior to that sales transaction, the property was also sold in Aug 1, 2014 for $330,000. 5131 Gately Avenue was last assessed in 2023. The total value of the property was assessed at $658,365. Specifically, the land the property is located on was valued at $312,120. While improvements on the property were assessed at a total of $346,245. 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 $10,350. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 269
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,000
  • Total Building Area: 1,965
  • Gross Building Area: 1,965
  • Building Area: 1,965
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,965
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COMPLETE MAP OF BAY VIEW PARK
  • Land Acres: 0.069
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Utilities (right-of-way only)
  • Legal Description 1: TRACT 2638 LOT 24 BLK 6

Ownership

  • Current Owner : CHUNG RAYMOND
  • Current Owner 2: CHUNG KEVIN
  • Previous Owner : ZHU CHESLEY
  • Previous Owner 2: CHAN BETTY
  • Owner Before Previous Owner: LEI KUOK ON
  • Owner Before Previous Owner 2: LEONG SOU WAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: West Contra Costa Unified School District
  • School Tax School District: W CONTRA COST
  • Census Tract: 382000

Zoning

  • Zoning: R2

Geography

  • Subdivision Tract Number: 2638
  • Parcel: 509-230-010
  • Block: 6
  • Lot: 24
  • Latitude: 37.9165
  • Longitude: -122.321

    Address

  • Full Address: 5131 Gately Ave
  • Address - House Number: 5131
  • Address - Street Name: Gately
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Richmond
  • Carrier Code: C019
  • 4-Digit Zip Code: 4724
  • Zip Code: 94804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,350
  • Tax Rate Code Area: 08-082

    Appraisal Valuation

  • Standard Deviation: 0.1985
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 73
  • Final Value: 893,958
  • High Value: 1,071,441
  • Low Value: 716,475

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $94,915
  • First Open Lien Mortgage Lender: COMMERCE HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 07, 2020
  • First Open Lien Mortgage Loan Amount: $94,915
  • 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: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $658,365
  • Assessed Land Value: $312,120
  • Assessed Improvements Value: $346,245

    Sales

  • Current Sale Contract Date: Jul 29, 2020
  • Current Sale Recording Date: Aug 07, 2020
  • Current Sale Transaction ID: 11777801147
  • Current Sale Price: $633,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2020-165546
  • Previous Sale Recording Date: Aug 07, 2014
  • Previous Sale Contract Date: Aug 01, 2014
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCE HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 07, 2020
  • First Mortgage Loan Amount: $94,915
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GOOGAIN INC
  • Previous Mortgage Transaction Date: Aug 07, 2014
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2044

About Park View



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Frequently Asked Questions

What neighborhood is 5131 Gately Avenue located in?
The 5131 Gately Avenue is a located in the neighborhood of Park View in Park View, Richmond.
What is the average sales price for listings in 5131 Gately Avenue?
The average sales price for units in 5131 Gately Avenue is $0 currently.

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