NOT LISTED FOR SALE

1242 Seminary Ave Oakland, CA 94621

Lockwood-Tevis Neighborhood

Estimated Value: $400,000 - $427,000

2 Beds
1 Bath
872 Sq Ft
$477/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $425,000 $487 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,593/month

8 Days on Market

Highlights

  • Breakfast Bar
  • 1-Story Property
  • 4-minute walk to Rainbow Recreation Center and Park
  • Wood Burning Fireplace

About This Home

As of January 2024

Great opportunity for investors, first time home buyer, and contractors. 4000 sq.ft lot with ADU potential. easy to access free way 880, 580. Walkable neighborhood plenty of business store on International Blvd, just 5 minutes walking distance from this home. Don't Miss this great opportunity.

Last Agent to Sell the Property

Han Chi Tsai

JS Realty License #01759949 Listed on: 10/18/2023

Last Buyer's Agent

Yovany Acosta

La Rosa Realty California License #02095932

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,511

Year Built

  • Built in 1924

Lot Details

  • 3,999

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 872 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Off-Street Parking

Additional Features

  • 3,999 Sq Ft Lot
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 041-3887-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,511

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 99
  • Listing Class: Residential
  • Structure Sq Ft: 872
  • Year Built: 1924
  • Zoning Description: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar
  • Living Sq Ft: 872
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Garage Parking Features: Off-Street Parking, On Street

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Oakland Unified

Lot Info

  • Parcel Number: 041-3887-027
  • Lot Acres: 0.0918
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Oakland Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Jan 24, 2024
Sold by
Aguilar Mendez Andrea
Bought by
Andres Eduardo Perez
Seller's Agent
Han Chi Tsai
JS Realty
Buyer's Agent
Yovany Acosta
La Rosa Realty California
List Price
$399,000
Sold Price
$425,000
Premium/Discount to List
$26,000
6.52%
Views
52
Current Estimated Value
$416,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,979
Avg. Annual Appreciation
-2.76%
Original Mortgage
$417,302
Outstanding Balance
$410,768
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
-$4,720

Purchase Details

Listed on
Oct 18, 2023
Closed on
Jan 22, 2024
Sold by
Hu Jason and Yu Meichang
Bought by
Andres Eduardo Perez
Seller's Agent
Han Chi Tsai
JS Realty
Buyer's Agent
Yovany Acosta
La Rosa Realty California
List Price
$399,000
Sold Price
$425,000
Premium/Discount to List
$26,000
6.52%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Outstanding Balance
$410,768
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
-$4,720

Purchase Details

Closed on
Feb 22, 2013
Sold by
Community First Development Fund Iii Llc
Bought by
Hu Jason and Yu Meichang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2012
Sold by
Wells Fargo Bank Na
Bought by
Community First Development Fund Iii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,250
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2011
Sold by
Castillo Nestor
Bought by
Wells Fargo Bank Na and Wachovia Mortgage Fsb

Purchase Details

Closed on
Nov 23, 2004
Sold by
Castillo Nestor
Bought by
Castillo Nestor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2003
Sold by
Castillo M Rosario
Bought by
Castillo Nestor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.83%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Andres Eduardo Perez -- Old Republic Title Company
Andres Eduardo Perez $425,000 Old Republic Title Company
Hu Jason $175,000 Old Republic Title Company
Community First Development Fund Iii Llc $85,000 Old Republic Title Company F
Wells Fargo Bank Na $233,333 None Available
Castillo Nestor -- Placer Title Company
Castillo Nestor -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andres Eduardo Perez $417,302
Previous Owner Hu Jason $131,250
Previous Owner Community First Development Fund Iii Llc $54,250
Previous Owner Castillo Nestor $220,000
Previous Owner Castillo Nestor $200,000
Previous Owner Castillo Nestor $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2024 01/26/24 Sold $425,000 +6.5% $487 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $399,000 -- $458 / Sq Ft
Source: MLSListings

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 $4,511 $433,500 $130,050 $303,450
2024 $4,511 $211,266 $63,380 $147,886
2023 $4,640 $207,124 $62,137 $144,987
2022 $4,464 $203,064 $60,919 $142,145
2021 $4,152 $199,083 $59,725 $139,358
2020 $4,105 $197,042 $59,112 $137,930
2019 $3,877 $193,180 $57,954 $135,226
2018 $3,800 $189,393 $56,818 $132,575
2017 $3,629 $185,680 $55,704 $129,976
2016 $3,439 $182,040 $54,612 $127,428
2015 $3,418 $179,306 $53,792 $125,514
2014 $3,373 $175,794 $52,738 $123,056
Source: Public Records

Agents Affiliated with this Home

  • Han Chi Tsai

    Seller's Agent in 2024

    Han Chi Tsai

    JS Realty

    (408) 799-5979

    1 in this area

    37 Total Sales

    Han Chi Tsai
    Section Image
  • Yovany Acosta

    Buyer's Agent in 2024

    Yovany Acosta

    La Rosa Realty California

    (650) 619-3219

    1 in this area

    104 Total Sales

    Yovany Acosta
    Section Image
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Map

Source: MLSListings

MLS Number: ML81945389

MLSListings

APN: 041-3887-027-00

California Alameda County Oakland 94621 Lockwood-Tevis

1242 Seminary Ave, Oakland, CA

This home is located at 1242 Seminary Ave, Oakland, CA 94621 since 18 October 2023 and is currently estimated at $416,021, approximately $477 per square foot. This property was built in 1924. 1242 Seminary Ave is a home located in Alameda County with nearby schools including Greenleaf Elementary School, Futures & CUES at Lockwood, and Coliseum College Prep Academy.

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