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931 Lilac Street

931 Lilac Street, Alameda, CA 94502
Property in Bay Farm Island
Sold Jun 11, 2021
$1,500,000
$1,020,000 by Cherry Creek Mortgage Co Inc
Mortgage Due Jul 01, 2051
Sold Jun 09, 2015
$750,000
$600,000 by Cmg Mortgage Inc
Mortgage Due Jul 01, 2045
931 Lilac Street in Alameda, CA was first built in 1964 and is 60 years old. Although, the building on the property was most recently renovated and altered in 1965. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a style that we are currently unable to determine. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 931 Lilac Street has 1,436 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,000 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 931 Lilac Street sold most recently in Jun 8, 2021 for a total of $1,500,000. If you work out the math, that's approximately a cost of $1,044.57 per sqft. Before that, the property was also sold for $750,000 in Jun 1, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $19,927 in taxes each year. 931 Lilac Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,523,000. If we break it down further, the land itself was valued at $459,000. Improvements to the property, however, were assessed at a total of $1,071,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1965
  • 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: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,436
  • Building Area: 1,436
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,436
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT 2532
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00001 BLK: 0002 TR: 2532

Ownership

  • Current Owner : CONTRERAS MICHAEL A
  • Current Owner 2: CORENO CHRISTINE
  • Previous Owner : KANG JESSIE TAEHAN
  • Previous Owner 2: KANG MEGUMI CATHERINE
  • Owner Before Previous Owner: MILLER WESLEY T
  • Owner Before Previous Owner 2: MILLER SONJA E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Alameda City Unified School District
  • Census Tract: 428301

Geography

  • Assessors Map Reference: 21-E4
  • Subdivision Tract Number: 2532
  • Parcel: 74-1041-34
  • Block: 2
  • Lot: 1
  • Municipality: CITY OF ALAMEDA
  • Latitude: 37.7302
  • Longitude: -122.234

    Address

  • Full Address: 931 Lilac St
  • Address - House Number: 931
  • Address - Street Name: Lilac
  • Address - Suffix Type: St
  • State: CA
  • City Name: Alameda
  • Carrier Code: C039
  • 4-Digit Zip Code: 7003
  • Zip Code: 94502

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,927
  • Tax Rate Code Area: 21-000

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 73
  • Final Value: 1,260,000
  • High Value: 1,508,584
  • Low Value: 1,011,417

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,020,000
  • First Open Lien Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Jun 11, 2021
  • First Open Lien Mortgage Loan Amount: $1,020,000
  • 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: Jul 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,523,000
  • Assessed Land Value: $459,000
  • Assessed Improvements Value: $1,071,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Transaction ID: 11840699701
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021214085
  • Previous Sale Recording Date: Jun 09, 2015
  • Previous Sale Contract Date: Jun 01, 2015
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHERRY CREEK MORTGAGE CO INC
  • First Mortgage Transaction Date: Jun 11, 2021
  • First Mortgage Loan Amount: $1,020,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CMG MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 09, 2015
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About Bay Farm Island



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 931 Lilac Street located in?
The 931 Lilac Street is a located in the neighborhood of Bay Farm Island in Bay Farm Island, Alameda.
What is the average sales price for listings in 931 Lilac Street?
The average sales price for units in 931 Lilac Street is $0 currently.

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