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5224 Proctor Avenue

5224 Proctor Avenue, Oakland, CA 94618
Property in Upper Rockridge
Sold Mar 31, 2015
$1,552,000
$1,241,000 by Guaranteed Rate Inc
Mortgage Due Jun 01, 2046
Sold Aug 09, 1994
Transfer
$100,000 by Wells Fargo Bank
Mortgage
5224 Proctor 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 1994 and is 30 years old. However, we must point out that the home was most recently renovated and altered in 1997. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5224 Proctor Avenue has 2,487 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 500 ft. 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. Moving on to the building itself. The condition of the building has been evaluated as average. 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. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 5224 Proctor Avenue sold most recently in Mar 23, 2015 for a total of $1,552,000. If you work out the math, that's approximately a cost of $624.05 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 $25,845 in taxes each year. 5224 Proctor Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,750,640. If we break it down further, the land itself was valued at $527,292. Improvements to the property, however, were assessed at a total of $1,230,348. 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: 1994
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Other
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,487
  • Building Area: 2,487
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,487
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTH PIEDMONT HEIGHTS
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00039 BLK: AR: 048B PAGE: 7141

Ownership

  • Current Owner : KIM OK KYUNG
  • Previous Owner : GUARINO MICHAEL J
  • Previous Owner 2: SOLA SUSAN E
  • Owner Before Previous Owner: GUARINO MICHAEL JOSEPH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 404200

Geography

  • Assessors Map Reference: 6-A6
  • Parcel: 48B-7141-39
  • Block: B
  • Lot: 23
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.8376
  • Longitude: -122.224

    Address

  • Full Address: 5224 Proctor Ave
  • Address - House Number: 5224
  • Address - Street Name: Proctor
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C017
  • 4-Digit Zip Code: 2714
  • Zip Code: 94618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,845
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2011
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 73
  • Final Value: 2,097,706
  • High Value: 2,519,674
  • Low Value: 1,675,738

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,241,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: May 05, 2016
  • First Open Lien Mortgage Loan Amount: $1,241,000
  • 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, 2046

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,750,640
  • Assessed Land Value: $527,292
  • Assessed Improvements Value: $1,230,348

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 23, 2015
  • Current Sale Recording Date: Mar 31, 2015
  • Current Sale Transaction ID: 1020651846
  • Current Sale Price: $1,552,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2015084818
  • Previous Sale Recording Date: Aug 09, 1994
  • Previous Sale Contract Date: Jul 22, 1994
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: RPM MORTGAGE INC
  • First Mortgage Transaction Date: Mar 31, 2015
  • First Mortgage Loan Amount: $1,241,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Apr 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK
  • Previous Mortgage Transaction Date: Aug 09, 1994
  • Previous Mortgage Loan Amount: $100,000

About North Hills



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Frequently Asked Questions

What neighborhood is 5224 Proctor Avenue located in?
The 5224 Proctor Avenue is a located in the neighborhood of Upper Rockridge in North Hills, Oakland.
What is the average sales price for listings in 5224 Proctor Avenue?
The average sales price for units in 5224 Proctor Avenue is $0 currently.

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