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518 Mountain Boulevard

518 Mountain Boulevard, Oakland, CA 94611
Property in Glen Highlands
Sold Jun 19, 2013
$1,275,000
$1,000,000 by First Republic Bank
Mortgage Due Jun 01, 2052
Sold Nov 29, 2011
$1,240,000
$992,000 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2041
518 Mountain Boulevard 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 1999 and is 25 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 518 Mountain Boulevard has 3,324 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 6,000 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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. 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, 518 Mountain Boulevard sold most recently in Apr 29, 2013 for a total of $1,275,000. If you work out the math, that's approximately a cost of $383.57 per sqft. Before that, the property was also sold for $1,240,000 in Nov 18, 2011. 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 $22,214 in taxes each year. The initial year of tax delinquency occurred in 2022. 518 Mountain Boulevard was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,479,471. If we break it down further, the land itself was valued at $443,841. Improvements to the property, however, were assessed at a total of $1,035,630. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 3,324
  • Building Area: 3,324
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,324
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 945 FILED OCTOBER 14 1953
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00045 BLK: TR: 0945

Ownership

  • Current Owner : CHEN STEPHEN
  • Current Owner 2: CHEN JAMIE
  • Previous Owner : THOMAS BRIAN J
  • Previous Owner 2: THOMAS CANDACE L
  • Owner Before Previous Owner: COLACO JOSEPH STUART
  • Owner Before Previous Owner 2: COLACO MICHELE CARROLL
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 404400

Geography

  • Assessors Map Reference: 6-A4
  • Subdivision Tract Number: 0945
  • Parcel: 48H-7562-6
  • Lot: 45
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.8458
  • Longitude: -122.226

    Address

  • Full Address: 518 Mountain Blvd
  • Address - House Number: 518
  • Address - Street Name: Mountain
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Oakland
  • Carrier Code: C030
  • 4-Digit Zip Code: 1817
  • Zip Code: 94611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,214
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 17-003

    Appraisal Valuation

  • Standard Deviation: 0.2073
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 71
  • Final Value: 1,965,952
  • High Value: 2,373,629
  • Low Value: 1,558,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: May 12, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,479,471
  • Assessed Land Value: $443,841
  • Assessed Improvements Value: $1,035,630

    Sales

  • Current Sale Contract Date: Apr 29, 2013
  • Current Sale Recording Date: Jun 19, 2013
  • Current Sale Transaction ID: 1021882373
  • Current Sale Price: $1,275,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2013215074
  • Previous Sale Recording Date: Nov 29, 2011
  • Previous Sale Contract Date: Nov 18, 2011
  • Previous Sale Amount: $1,240,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 19, 2013
  • First Mortgage Loan Amount: $956,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2043

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Nov 29, 2011
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $992,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2041

About North Hills



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Frequently Asked Questions

What neighborhood is 518 Mountain Boulevard located in?
The 518 Mountain Boulevard is a located in the neighborhood of Glen Highlands in North Hills, Oakland.
What is the average sales price for listings in 518 Mountain Boulevard?
The average sales price for units in 518 Mountain Boulevard is $0 currently.

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