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5602 Taft Avenue

5602 Taft Avenue, Oakland, CA 94618
Property in Rockridge
Sold May 01, 2014
$1,300,000
$780,000 by Guarantee Mortgage Corp
Mortgage Due May 01, 2044
Sold Mar 26, 2009
$850,000
$350,000 by Key Bank Na
Mortgage Due Apr 01, 2024
5602 Taft 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 1912 and is 112 years old. However, we must point out that the home was most recently renovated and altered in 1933. The home has a total of 9 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5602 Taft Avenue has 2,511 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 4,240 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 C by the local assessor. The property was last sold in Apr 25, 2014 for $1,300,000. That's $517.72 per sqft. Prior to that sales transaction, the property was also sold in Mar 20, 2009 for $850,000. 5602 Taft Avenue was last assessed in 2022. The total value of the property was assessed at $1,511,076. Specifically, the land the property is located on was valued at $450,496. While improvements on the property were assessed at a total of $1,067,580. 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 $22,485. 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. 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: 1912
  • Effective Year Built: 1933
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • 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: 4,240
  • Total Building Area: 2,511
  • Building Area: 2,511
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,511
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAWN PARK
  • Land Acres: 0.097
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00006 BLK: AR: 048A PAGE: 7050

Ownership

  • Current Owner : SHIH LINDA P
  • Current Owner 2: CLIFFORD DANIEL P
  • Previous Owner : SCHMITZ WILLIAM MARK
  • Previous Owner 2: SCHMITZ NANCY H
  • Owner Before Previous Owner: FAGLIANO MARK M
  • Owner Before Previous Owner 2: FAGLIANO KENT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 400300

Geography

  • Assessors Map Reference: 4-D5
  • Parcel: 48A-7050-6
  • Lot: 46
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.8436
  • Longitude: -122.247

    Address

  • Full Address: 5602 Taft Ave
  • Address - House Number: 5602
  • Address - Street Name: Taft
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C025
  • 4-Digit Zip Code: 1521
  • Zip Code: 94618

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,485
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.1976
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 73
  • Final Value: 2,310,975
  • High Value: 2,767,786
  • Low Value: 1,854,164

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,340,000
  • First Open Lien Mortgage Lender: GUARANTEE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 01, 2014
  • First Open Lien Mortgage Loan Amount: $780,000
  • 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: May 01, 2044
  • Second Open Lien Mortgage Lender: SOFI LENDING CORP
  • Second Open Lien Mortgage Recording Date: Nov 03, 2015
  • Second Open Lien Mortgage Loan Amount: $560,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,511,076
  • Assessed Land Value: $450,496
  • Assessed Improvements Value: $1,067,580

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 25, 2014
  • Current Sale Recording Date: May 01, 2014
  • Current Sale Transaction ID: 1019166333
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2014104199
  • Previous Sale Recording Date: Mar 26, 2009
  • Previous Sale Contract Date: Mar 20, 2009
  • Previous Sale Amount: $850,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEE MORTGAGE CORP
  • First Mortgage Transaction Date: May 01, 2014
  • First Mortgage Loan Amount: $780,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2044

    Previous Mortgages

  • Previous Mortgage Lender: KEY BANK NA
  • Previous Mortgage Transaction Date: Mar 26, 2009
  • Previous Mortgage Loan Amount: $350,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2024

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Frequently Asked Questions

What neighborhood is 5602 Taft Avenue located in?
The 5602 Taft Avenue is a located in the neighborhood of Rockridge in North Oakland, Oakland.
What is the average sales price for listings in 5602 Taft Avenue?
The average sales price for units in 5602 Taft Avenue is $0 currently.

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