571 5th Street

571 5th Street has been categorized by the local assessors in Oakland, CA as a office type of property. The building on the property was first built in 1895 and is 129 years old. However, we must point out that the home was most recently renovated and altered in 1940. The building has a total of 2 stories. In addition, 571 5th Street has 1,369 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 1,000 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,500 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. We know that this is 4 code building. This code stands for "buildings that have wood or wood and steel frames.". Moving on to the building itself. The condition of the building has been evaluated as good. 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 building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood siding. 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, 571 5th Street sold most recently in Jul 25, 2007 for a total of $400,000. If you work out the math, that's approximately a cost of $292.18 per sqft. Before that, the property was also sold for $400,000 in Dec 15, 2005. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $8,640 in taxes each year. 571 5th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $495,075. If we break it down further, the land itself was valued at $148,522. Improvements to the property, however, were assessed at a total of $346,553. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.