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5945 Marden Lane

5945 Marden Lane, Oakland, CA 94611
Property in Merriwood
Sold Feb 26, 2018
$1,010,000
$761,000 by Quicken Loans Llc
Mortgage Due Mar 01, 2051
Sold Nov 19, 2010
$500,000
$400,000 by Prospect Mortgage Llc
Mortgage Due Dec 01, 2040
5945 Marden Lane 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 1926 and is 98 years old. However, we must point out that the home was most recently renovated and altered in 1963. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5945 Marden Lane has 1,269 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 6,550 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 detached garage for those who require parking. 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 Feb 15, 2018 for $1,010,000. That's $795.90 per sqft. Prior to that sales transaction, the property was also sold in Nov 9, 2010 for $500,000. 5945 Marden Lane was last assessed in 2022. The total value of the property was assessed at $1,075,911. Specifically, the land the property is located on was valued at $324,873. While improvements on the property were assessed at a total of $758,038. 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 $16,568. 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! 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: 1926
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,550
  • Total Building Area: 1,269
  • Building Area: 1,269
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,269
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MERRIEWOOD
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 00003 BLK: AR: 048G PAGE: 7421 ;LOT: 00004 BLK: AR: 048G PAGE: 7421

Ownership

  • Current Owner : CHEN STEPHEN
  • Current Owner 2: SONG ANJI
  • Previous Owner : VANARNAM CHRISTOPHER
  • Owner Before Previous Owner: FLAHERTY KIMBERLY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

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

Geography

  • Assessors Map Reference: 6-C6
  • Parcel: 48G-7421-4
  • Lot: 23
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.8381
  • Longitude: -122.212

    Address

  • Full Address: 5945 Marden Ln
  • Address - House Number: 5945
  • Address - Street Name: Marden
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Oakland
  • Carrier Code: C064
  • 4-Digit Zip Code: 2128
  • Zip Code: 94611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,568
  • Tax Rate Code Area: 17-003

    Appraisal Valuation

  • Standard Deviation: 0.0928
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 91
  • Final Value: 1,160,331
  • High Value: 1,268,062
  • Low Value: 1,052,599

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $761,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Feb 17, 2021
  • First Open Lien Mortgage Loan Amount: $761,000
  • 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: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,075,911
  • Assessed Land Value: $324,873
  • Assessed Improvements Value: $758,038

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 15, 2018
  • Current Sale Recording Date: Feb 26, 2018
  • Current Sale Transaction ID: 11426969859
  • Current Sale Price: $1,010,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2018039019
  • Previous Sale Recording Date: Nov 19, 2010
  • Previous Sale Contract Date: Nov 09, 2010
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PATELCO CU
  • First Mortgage Transaction Date: Feb 26, 2018
  • First Mortgage Loan Amount: $808,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Mar 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PROSPECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Nov 19, 2010
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2040

About North Hills



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Frequently Asked Questions

What neighborhood is 5945 Marden Lane located in?
The 5945 Marden Lane is a located in the neighborhood of Merriwood in North Hills, Oakland.
What is the average sales price for listings in 5945 Marden Lane?
The average sales price for units in 5945 Marden Lane is $0 currently.

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