5484 Bancroft Avenue

5484 Bancroft Avenue has been categorized by the local assessors in Oakland, CA as a exempt type of property. The building on the property was first built in 1966 and is 58 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5484 Bancroft Avenue has 3,112 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 5,768 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 C 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, 5484 Bancroft Avenue was last sold in Jun 22, 2023 for $390,000. According to our calculations, that's $125.32 per sqft. Prior to that sales transaction, the property was sold for $475,000 in Dec 16, 2019. Current property owners are expected to pay $8,793 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 5484 Bancroft Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $489,516. To break that down further, the land itself was valued at $412,224. While improvements to the property were assessed at a total of $77,292. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.