NOT LISTED FOR SALE

25 Observation Place Oakland, CA 94611

Forestland Neighborhood

Estimated Value: $3,172,000 - $5,347,708

6 Beds
6 Baths
4,813 Sq Ft
$826/Sq Ft Est. Value

About This Home

This home is located at 25 Observation Place, Oakland, CA 94611 and is currently estimated at $3,973,903, approximately $825 per square foot. 25 Observation Place is a home located in Alameda County with nearby schools including Thornhill Elementary School, Montera Middle School, and Skyline High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2014
Sold by
Wright William R and The William R Wright Trust
Bought by
Wright William R and Zavarzina Anna
Current Estimated Value
$3,973,903

Purchase Details

Closed on
Jun 29, 2012
Sold by
Wright William R
Bought by
Wright William R and The William R Wright Trust

Purchase Details

Closed on
Sep 19, 2011
Sold by
Edwards Kimberly Lynne
Bought by
Wright William R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$642,265
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$3,331,638

Purchase Details

Closed on
Jan 28, 2009
Sold by
Wright William R and Edwards Kimberly Lynne
Bought by
Wright William R and Edwards Kimberly Lynne

Purchase Details

Closed on
Mar 15, 2007
Sold by
Frings Gary M and Frings Sara Record
Bought by
Wright Will

Purchase Details

Closed on
Aug 18, 2006
Sold by
Jones Joell
Bought by
Wright Will

Purchase Details

Closed on
Feb 12, 2004
Sold by
Grings Gary M
Bought by
Frings Gary M and Frings Sara Record

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,164,000
Interest Rate
1.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2000
Sold by
Frings Sara Record
Bought by
Frings Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
8.26%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 2, 2000
Sold by
Frings Sara Record
Bought by
Frings Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
8.26%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 28, 1997
Sold by
Fredy Bush Loretta
Bought by
Frings Gary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.3%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 29, 1995
Sold by
Paul Gary S and Paul Pamela
Bought by
Bush Loretta Fredy
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Wright William R -- None Available
Wright William R -- None Available
Wright William R -- Old Republic Title Company
Wright William R -- Old Republic Title Company
Wright William R -- None Available
Wright William R -- None Available
Wright Will $2,850,000 Old Republic Title Company
Wright Will -- Old Republic Title Company
Frings Gary M -- --
Frings Gary M -- First American Title Guarant
Frings Gary M -- First American Title Guarant
Frings Gary M $450,000 First American Title Guarant
Bush Loretta Fredy $125,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wright William R $1,000,000
Previous Owner Frings Gary M $1,164,000
Previous Owner Frings Gary M $1,050,000
Previous Owner Frings Gary M $579,000
Previous Owner Frings Gary M $300,000
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 $49,417 $3,818,087 $1,145,426 $2,672,661
2024 $49,417 $3,743,246 $1,122,974 $2,620,272
2023 $52,518 $3,669,858 $1,100,957 $2,568,901
2022 $51,550 $3,597,924 $1,079,377 $2,518,547
2021 $54,583 $3,527,387 $1,058,216 $2,469,171
2020 $49,668 $3,491,221 $1,047,366 $2,443,855
2019 $43,965 $3,100,000 $930,000 $2,170,000
2018 $40,099 $2,825,000 $847,500 $1,977,500
2017 $38,478 $2,750,000 $825,000 $1,925,000
2016 $35,884 $2,565,000 $769,500 $1,795,500
2015 $34,678 $2,400,000 $720,000 $1,680,000
2014 $35,362 $2,400,000 $720,000 $1,680,000
Source: Public Records

Map

California Alameda County Oakland 94611 Forestland

25 Observation Place, Oakland, CA

This home is located at 25 Observation Place, Oakland, CA 94611 and is currently estimated at $3,973,903, approximately $825 per square foot. 25 Observation Place is a home located in Alameda County with nearby schools including Thornhill Elementary School, Montera Middle School, and Skyline 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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