NOT LISTED FOR SALE

1240 53rd Ave Oakland, CA 94601

Melrose Neighborhood

Estimated Value: $427,000 - $601,000

2 Beds
1 Bath
815 Sq Ft
$612/Sq Ft Est. Value

About This Home

This home is located at 1240 53rd Ave, Oakland, CA 94601 and is currently estimated at $498,448, approximately $611 per square foot. 1240 53rd Ave is a home located in Alameda County with nearby schools including Bridges Academy Elementary School, Greenleaf TK-8, and Coliseum College Prep Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2004
Sold by
Yndgaard Ronnie and The Solveig Land Trust
Bought by
Perez Eugenio and Mendoza Ana
Current Estimated Value
$498,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Outstanding Balance
$181,630
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$316,818

Purchase Details

Closed on
Aug 17, 2004
Sold by
Madsen Rashida M and Madsen Thomas
Bought by
Yndgaard Ronnie and The Solveig Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2004
Sold by
Medearis Julia M
Bought by
Madsen Thomas and Madsen Rashida M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Perez Eugenio $335,000 Chicago Title Co
Yndgaard Ronnie -- --
Madsen Thomas $242,500 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Eugenio $335,000
Previous Owner Madsen Thomas $194,000
Closed Madsen Thomas $48,500
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,529 $459,915 $140,074 $326,841
2024 $7,529 $450,763 $137,329 $320,434
2023 $7,860 $448,788 $134,636 $314,152
2022 $7,630 $432,991 $131,997 $307,994
2021 $7,247 $424,365 $129,409 $301,956
2020 $7,167 $426,943 $128,083 $298,860
2019 $6,867 $418,575 $125,572 $293,003
2018 $6,255 $376,000 $112,800 $263,200
2017 $5,885 $360,000 $108,000 $252,000
2016 $4,938 $300,000 $90,000 $210,000
2015 $4,288 $250,000 $75,000 $175,000
2014 $3,620 $200,000 $60,000 $140,000
Source: Public Records

Map

California Alameda County Oakland 94601 Melrose

1240 53rd Ave, Oakland, CA

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