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5160 Fairfax Avenue

5160 Fairfax Avenue, Oakland, CA 94601
Property in Fairfax
Refi Jul 18, 2022
Transfer
$435,000 by Loandepotcom Llc
Mortgage Due Aug 01, 2052
Local assessors in Oakland, CA have categorized 5160 Fairfax Avenue as a residential type of property. The home was built in 1915 and is 109 years old. It was most recently renovated and altered in 1920. The property's lot size has been calculated to be 5,200 square feet. 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, 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 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 5160 Fairfax Avenue has a total of 1,384 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. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $4,739 in taxes per year. The property on 5160 Fairfax Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $217,950. To break that down further, the land itself was valued at $67,485. While improvements to the property were assessed at a total of $157,465. 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. 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!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: 1915
  • Effective Year Built: 1920
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,200
  • Total Building Area: 1,384
  • Building Area: 1,384
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,384
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MELROSE HEIGHTS
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00040 BLK: AR: 0035 PAGE: 2373

Ownership

  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 407600

Geography

  • Assessors Map Reference: 12-C3
  • Parcel: 35-2373-40
  • Block: 5
  • Lot: 22
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.7742
  • Longitude: -122.201

    Address

  • Full Address: 5160 Fairfax Ave
  • Address - House Number: 5160
  • Address - Street Name: Fairfax
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C010
  • 4-Digit Zip Code: 5409
  • Zip Code: 94601

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,739
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2291
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 68
  • Final Value: 700,481
  • High Value: 861,018
  • Low Value: 539,943

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $435,000
  • First Open Lien Mortgage Lender: LOANDEPOTCOM LLC
  • First Open Lien Mortgage Recording Date: Jul 18, 2022
  • First Open Lien Mortgage Loan Amount: $435,000
  • 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: Aug 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $217,950
  • Assessed Land Value: $67,485
  • Assessed Improvements Value: $157,465

About Central East Oakland



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Frequently Asked Questions

What neighborhood is 5160 Fairfax Avenue located in?
The 5160 Fairfax Avenue is a located in the neighborhood of Fairfax in Central East Oakland, Oakland.
What is the average sales price for listings in 5160 Fairfax Avenue?
The average sales price for units in 5160 Fairfax Avenue is $0 currently.

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