NOT LISTED FOR SALE

2505 Wallace St Oakland, CA 94606

Highland Terrace Neighborhood

Estimated Value: $688,000 - $800,335

3 Beds
2 Baths
1,518 Sq Ft
$485/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $825,000 $543 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $5,033/month

11 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Tankless Water Heater
  • Solid Surface Countertops
  • Breakfast Bar
  • Tile Flooring

About This Home

As of September 2021

Snag your very own piece of Oakland with this spacious 3 bedroom, 2 full bathroom home. Perfect for hosting, the main floor provides easy flow between the kitchen, dining, and living room. Upstairs you'll find a massive space that could be used as the primary bedroom, guest room, office, or game room. Downstairs, two light-filled bedrooms. With the large walk-in closet in the lower primary bedroom, you'll have space to upgrade your shoe collection! Prepare a homemade meal in the updated kitchen and enjoy it with friends outside on the deck. If your dish is missing some greens, pluck some fresh veggies from your thriving garden. Throughout the home, light beams into every room through the shutter-lined windows. You've been waiting for a sunny, charming, and completely move-in ready home - this is it!

Last Agent to Sell the Property

Felicia Mares

Arlowe Homes License #02028970 Listed on: 07/22/2021

Last Buyer's Agent

Ollie Steinwandt

Blue Line Property Group Real Estate & Property Management License #01470407

Blue Line Property Group Real Estate & Property Management

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,666

Year Built

  • Built in 1913

Lot Details

  • 2,800 Sq Ft Lot
  • Fenced
  • Lot Sloped Down
  • Garden
  • Back and Front Yard

Home Design

  • Cape Cod Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3-Story Property
  • Dining Area

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Highland Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 223302

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,666

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Year Built: 1913
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.06
  • Subdivision Name: HIGHLAND PARK
  • Directions: 14th to E 24th to Wallace
  • Architectural Style: Cape Cod
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three or More Stories
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Range, Refrigerator, Dryer, Washer, Tankless Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Dining Area, Storage, Breakfast Bar, Counter - Solid Surface
  • Room Kitchen Features: Breakfast Bar, Counter - Solid Surface, Dishwasher, Range/Oven Built-in, Refrigerator

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Lot Features: Sloped Down, Landscape Back, Landscape Front
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Front Yard, Garden
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, No Garage

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: Dryer, Laundry Room, Washer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 2800
  • Parcel Number: 223302
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Sep 1, 2021
Sold by
Wiswell Derek W
Bought by
Costanza Nicholas
Seller's Agent
Felicia Mares
Arlowe Homes
Buyer's Agent
Ollie Steinwandt
Blue Line Property Group Real Estate & Property Management
List Price
$699,000
Sold Price
$825,000
Premium/Discount to List
$126,000
18.03%
Current Estimated Value
$735,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,416
Avg. Annual Appreciation
-2.84%
Original Mortgage
$742,417
Outstanding Balance
$677,015
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$58,569

Purchase Details

Closed on
Sep 11, 2018
Sold by
Ratliff Cosette E
Bought by
Wiswell Derek W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,959
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2014
Sold by
Amen Jemahl
Bought by
Ratliff Cosette E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2012
Sold by
Salt Light Investments Inc
Bought by
Amen Jemahl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,637
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 10, 2010
Sold by
U S Bank National Association
Bought by
Salt Light Investments Inc

Purchase Details

Closed on
Dec 9, 2009
Sold by
Ramos Jose
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 23, 2007
Sold by
Ramos Jose
Bought by
Ramos Jose and Martinez Carlos V

Purchase Details

Closed on
Mar 25, 2004
Sold by
Huyghues Theresa A
Bought by
Mai Yong X

Purchase Details

Closed on
Mar 17, 2000
Sold by
Vanmeter Karla
Bought by
Ramos Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,325
Interest Rate
9.75%

Purchase Details

Closed on
Mar 13, 1997
Sold by
National American Bank
Bought by
Ouyang Wei Guo
Source: Public Records

Range of Values:

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Average Value
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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
Costanza Nicholas $825,000 Old Republic Title Company
Wiswell Derek W $690,000 Placer Title Company
Ratliff Cosette E $445,000 Placer Title Company
Amen Jemahl $251,000 Old Republic Title Company
Salt Light Investments Inc $125,000 North American Title Co
Us Bank National Association $185,000 Accommodation
Ramos Jose -- None Available
Mai Yong X $300,000 Old Republic Title Company
Ramos Jose $83,500 Financial Title Company
Ouyang Wei Guo $19,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costanza Nicholas $742,417
Previous Owner Wiswell Derek W $544,200
Previous Owner Wiswell Derek W $551,959
Previous Owner Ratliff Cosette E $416,299
Previous Owner Ratliff Cosette E $378,250
Previous Owner Amen Jemahl $244,637
Previous Owner Ramos Jose $295,000
Previous Owner Ramos Jose $220,000
Previous Owner Ramos Jose $150,000
Previous Owner Ramos Jose $79,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $825,000 -- --
09/09/2021 09/09/21 Sold $825,000 +18.0% $543 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $699,000 -- $460 / Sq Ft
Source: bridgeMLS

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 $12,666 $875,490 $262,647 $612,843
2024 $12,666 $858,330 $257,499 $600,831
2023 $13,345 $841,500 $252,450 $589,050
2022 $13,029 $825,000 $247,500 $577,500
2021 $11,089 $703,983 $213,295 $497,688
2020 $10,968 $703,697 $211,109 $492,588
2019 $10,581 $689,900 $206,970 $482,930
2018 $7,635 $470,034 $141,010 $329,024
2017 $7,339 $460,818 $138,245 $322,573
2016 $7,083 $451,785 $135,535 $316,250
2015 $4,456 $262,320 $78,696 $183,624
2014 $4,442 $257,181 $77,154 $180,027
Source: Public Records

Agents Affiliated with this Home

  • Felicia Mares

    Seller's Agent in 2021

    Felicia Mares

    Arlowe Homes

    (510) 375-2344

    1 in this area

    85 Total Sales

    Felicia Mares
    Section Image

  • O

    Buyer's Agent in 2021

    Ollie Steinwandt

    Blue Line Property Group Real Estate & Property Management

    Section Image
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Map

Source: bridgeMLS

MLS Number: 40959923

bridgeMLS

APN: 022-0330-002-00

California Alameda County Oakland 94606 Highland Terrace

2505 Wallace St, Oakland, CA

This home is located at 2505 Wallace St, Oakland, CA 94606 since 22 July 2021 and is currently estimated at $735,584, approximately $484 per square foot. This property was built in 1913. 2505 Wallace St is a home located in Alameda County with nearby schools including Manzanita Community School, Manzanita Seed Elementary School, and Roosevelt Middle 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.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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