8547 Terrace Drive

Local assessors in El Cerrito, CA have categorized 8547 Terrace Drive as a residential type of property. The home was built in 1960 and is 64 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 12,000 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8547 Terrace Drive has a total of 3,061 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 580 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. The home's a central heating system is the primary heating source. The property was last sold in Apr 29, 2021 for $1,792,000. That's $585.43 per sqft. Prior to that sales transaction, the property was also sold in Jul 9, 2018 for $1,230,000. 8547 Terrace Drive was last assessed in 2023. The total value of the property was assessed at $1,656,316. Specifically, the land the property is located on was valued at $884,340. While improvements on the property were assessed at a total of $771,976. 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 $22,826. The initial tax year of delinquency was in 2022. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.