NOT LISTED FOR SALE

1417 1st Ave Oakland, CA 94606

Merritt Neighborhood

Estimated Value: $31,056,550

20 Beds
20 Baths
44,084 Sq Ft
$704/Sq Ft Est. Value

About This Home

This home is located at 1417 1st Ave, Oakland, CA 94606 and is currently estimated at $31,056,550, approximately $704 per square foot. 1417 1st Ave is a home with nearby schools including La Escuelita Elementary School, Westlake Middle School, and Oakland High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2017
Sold by
Lake Merritt Preservation Limited Partne
Bought by
Lake Merritt Ii Preservation Limited Par
Current Estimated Value
$31,056,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,525,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2002
Sold by
Lake Merritt Lp
Bought by
Lake Merritt Preservation Ltd Prtnrshp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,900,000
Interest Rate
6.16%
Mortgage Type
Commercial
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
Lake Merritt Ii Preservation Limited Par $21,300,000 Fidelity Natl Title Ins Co
Lake Merritt Preservation Ltd Prtnrshp -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lake Merritt Ii Preservation Limited Par $16,525,000
Closed Lake Merritt Ii Preservation Limited Par $1,127,500
Closed Lake Merritt Ii Preservation Limited Par $8,372,500
Previous Owner Lake Merritt Preservation Ltd Prtnrshp $1,900,000
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 $41,654 $14,541,211 $4,369,190 $10,172,021
2024 $41,654 $14,256,090 $4,283,520 $9,972,570
2023 $40,092 $13,976,591 $4,199,539 $9,777,052
2022 $33,943 $0 $4,117,209 $9,585,378
2021 $24,683 $13,853,880 $4,036,492 $9,817,388
2020 $24,166 $13,716,241 $3,995,136 $9,721,105
2019 $18,143 $13,417,354 $3,916,800 $9,500,554
2018 $193,262 $12,801,810 $3,840,000 $8,961,810
2017 $14,554 $7,531,729 $2,058,985 $5,472,744
2016 $14,137 $7,384,480 $2,018,626 $5,365,854
2015 $13,412 $7,273,893 $1,988,316 $5,285,577
2014 $13,325 $7,137,018 $1,949,376 $5,187,642
Source: Public Records

Map

California Alameda County Oakland 94606 Merritt

1417 1st Ave, Oakland, CA

This home is located at 1417 1st Ave, Oakland, CA 94606 and is currently estimated at $31,056,550, approximately $704 per square foot. 1417 1st Ave is a home with nearby schools including La Escuelita Elementary School, Westlake Middle School, and Oakland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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