NOT LISTED FOR SALE

215 Ridgeway Ave Piedmont, CA 94611

Piedmont Avenue Neighborhood

Estimated Value: $2,848,459

0.45 Acre
$6,267,237 Price per Acre
19,798 Sq Ft Lot

Last Sold September 20, 2021

Last sale price $3,127,000 $158 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $18,236/month

93 Days on Market

Highlights

  • 0.45 Acre Lot
  • Security Gate
  • Property is Fully Fenced
  • Oakland Technical High School Rated A

About This Lot

As of September 2021

215 Ridgeway Ave, located in the Piedmont Ave Retail District of Oakland, presents investors, users & developers the opportunity to own, operate & improve almost 1/2 acre of irreplaceable real estate. Long used as the Grammy Award winning, Pacific Boy Choir Academy, the property and its improvements will be delivered without a tenant upon the close of escrow. The property is comprised of an educational facility with offices, kitchen/cafeteria, restrooms & an attached church. There are also several classrooms detached from the main building, a playground and an outdoor eating area. The property, located between the Temescal, Rockridge and Piedmont Ave Neighborhoods, offers tenants a variety of options for dining, entertainment and shopping in and around the neighborhood, in addition to high-end shopping on Piedmont Ave. 215 Ridgeway Ave boasts a 98-Walkscore and a 79-bike score. It also offers convenient access to the MacArthur BART, Rockridge BART & 24 Freeway.

Last Agent to Sell the Property

Keith Manson

Cushman & Wakefield License #DRE #01490046 Listed on: 03/30/2021

Co-Listed By

Zachary Greenwood

Cushman & Wakefield License #DRE #01960296

Last Buyer's Agent

Matt Treadway

Lapham Company, Inc. License #01706866

Property Details

Property Type

  • Land

Lot Details

  • 0.45 Acre Lot
  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence
  • 2 Lots in the community
  • Property is zoned RM-2, Multi-Residential,Residential,Single-Family,See Remarks

Utilities

  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12-997-2-1

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Acreage
  • Other Equipment: Call Listing Agent, Other
  • Special Features: None

Exterior Features

  • Fencing: Chain Link, Full, Wood
  • Road Surface Type: Paved
  • View: Other
  • Development Status: See Remarks
  • Road Frontage Type: City Street

Utilities

  • Electric: Electric Available
  • Sewer: Public Sewer
  • Utilities: Public, Cable Connected, Natural Gas Connected, Phone Connected, Water Connected, Other
  • Water Source: Public

Association/Amenities

  • Community Features: Playground, Security Gate

Lot Info

  • Assessor Parcel Number: 12-997-2-1
  • Current Use: Other, See Remarks
  • Lot Features: Curb(s), Gutter(s), Security Gate, Sidewalk(s), Other
  • Lot Size Acres: 0.4545
  • Lot Size Sq Ft: 19800.00
  • Lot Size Units: SqFt
  • Price Per Acre: 6880088.01
  • Zoning: RM-2
  • Number Of Lots: 2
  • Possible Use: Residential, Single Family, Other, See Remarks
  • Second Parcel Number: 12-997-3
  • Zoning Description: Multi-Residential,Residential,Single-Family,See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Oakland Hebrew Day School
Bought by
Pacific Boychoir Academy
Current Estimated Value
$2,848,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$346,100
Interest Rate
6.95%

Purchase Details

Closed on
Jul 12, 2024
Sold by
Pacific Boychoir Academy
Bought by
Berkeley Rose School

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$346,100
Interest Rate
6.95%

Purchase Details

Listed on
Mar 30, 2021
Closed on
Sep 8, 2021
Sold by
Oakland Hebrew Day School
Bought by
Pacific Boychoir Academy
Seller's Agent
Keith Manson
Cushman & Wakefield
Buyer's Agent
Matt Treadway
Lapham Company, Inc.
List Price
$2,999,995
Sold Price
$3,127,000
Premium/Discount to List
$127,005
4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 26, 1994
Sold by
Resurrection Lutheran Church Of Oakland
Bought by
Oakland Hebrew Day School

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
7.79%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pacific Boychoir Academy $49,747,727 Chicago Title
Berkeley Rose School $3,400,000 Chicago Title
Pacific Boychoir Academy $3,127,000 First American Title Company
Oakland Hebrew Day School $775,000 Northwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berkeley Rose School $350,000
Open Berkeley Rose School $2,200,000
Previous Owner Pacific Boychoir Academy $500,000
Previous Owner Oakland Hebrew Day School $725,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2021 09/20/21 Sold $3,127,000 +4.2% $158 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $2,999,995 -- $152 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $41,871 $3,106,000 $1,092,000 $2,014,000
2024 $41,871 $2,993,230 $977,976 $2,015,254
2023 $44,276 $2,934,540 $958,800 $1,975,740
2022 $43,098 $2,877,000 $940,000 $1,937,000
2021 $2,490 $1,249,960 $282,632 $967,328
2020 $2,028 $1,237,144 $279,734 $957,410
2019 $1,461 $1,212,888 $274,249 $938,639
2018 $1,811 $1,189,110 $268,873 $920,237
2017 $1,639 $1,165,801 $263,602 $902,199
2016 $1,491 $1,142,946 $258,435 $884,511
2015 $1,466 $1,125,783 $254,554 $871,229
2014 $1,031 $1,103,732 $249,568 $854,164
Source: Public Records

Agents Affiliated with this Home

  • Keith Manson

    Seller's Agent in 2021

    Keith Manson

    Cushman & Wakefield

    (415) 244-6300

    2 in this area

    40 Total Sales

    Keith Manson
    Section Image
  • Zachary Greenwood

    Seller Co-Listing Agent in 2021

    Zachary Greenwood

    Cushman & Wakefield

    (559) 930-1770

    2 in this area

    34 Total Sales

    Zachary Greenwood
    Section Image

  • M

    Buyer's Agent in 2021

    Matt Treadway

    Lapham Company, Inc.

    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421533463

San Francisco Association of REALTORS®

APN: 012-0997-002-01

California Alameda County Piedmont 94611 Piedmont Avenue

215 Ridgeway Ave, Piedmont, CA

Not Listed for Sale

Lots

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