Paul LeJoy
Pacific Realty Partners
(650) 540-7685
43 Total Sales
1 in Cleveland Heights
$900,000 Price
346 Hanover Ave Oakland, CA 94606
Cleveland Heights Neighborhood
30
Beds
--
Bath
27,127
Sq Ft
0.26
Acre Lot
Highlights
- Penthouse
- Wood Flooring
- Formal Entry
- 0.26 Acre Lot
- Balcony
- 4-minute walk to Pine Knoll Park
About This Home
As of August 2021346 Hanover Avenue is a 22 unit building located in the Cleveland Heights neighborhood of Oakland just 2 blocks to Lake Merritt. Constructed in 1965 the building is concrete podium and wood frame with a gated, secure parking garage with 22 parking spaces. The unit mix consists of 15 1b/1ba, 6 2b/2ba and 1 3b/2ba penthouse unit. The property underwent significant capital improvements in 2017 including a full lobby renovation, new carpet throughout the hallways, updated front faade and exterior paint. A new roof was installed in 2019 The current ownership has turned 12 of the 22 units since it was purchased in 2007. There are 7 units that have turned since 2015 which were substantially updated with new floors, fully updated bathrooms and kitchens including new cabinets and countertops. Two units, 202 & 306 have in unit laundry. An on site laundry room services the remaining units.
Last Agent to Sell the Property
City Real Estate License #DRE #01740857 Listed on: 02/17/2021
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Property Details
Home Type
- Condominium
Year Built
- Built in 1965 | Remodeled
Lot Details
- 0.26
Home Design
- Penthouse
- Concrete Foundation
- Composition Roof
- Wood Siding
- Stucco
Interior Spaces
- 27,127 Sq Ft Home
- 4-Story Property
- Formal Entry
- Security Lights
- Washer and Dryer
Flooring
- Wood
- Carpet
Parking
- 22 Car Garage
- Off-Street Parking
Outdoor Features
- Balcony
Utilities
- Heating Available
- Separate Meters
Listing and Financial Details
- Assessor Parcel Number 021-0227-008
Community Details
Building Details
- 20 Leased Units
- 2 Vacant Units
- 17 Units Leased Month-To-Month
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Additional Features
- 22 Units
- Coin Laundry
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2021
Closed on
Aug 17, 2021
Sold by
Bought by
Seller's Agent
Christopher Smith
City Real Estate
Buyer's Agent
Steve Zirelli
Cornish & Carey Commercial
List Price
$7,650,000
Sold Price
$7,450,000
Premium/Discount to List
-$200,000
-2.61%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,625,000
Outstanding Balance
$3,231,523
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 13, 2016
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000,000
Interest Rate
3.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 24, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,430,000
Interest Rate
6.73%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 15, 2006
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cleveland Heights, CA
-
Paul LeJoy
-
Judy Richardson
Judy Richardson
Red Oak Realty
(510) 998-3315
44 Total Sales
2 in Cleveland Heights
$1,180,000 Price Range
-
TIFFANY LEFOUR
TIFFANY LEFOUR
The GRUBB Company
(925) 255-9321
89 Total Sales
4 in Cleveland Heights
$900K - $1.2M Price Range
-
Eileen Townsend
Eileen Townsend
Compass
(628) 250-3928
71 Total Sales
2 in Cleveland Heights
$645,000 Price Range
-
John Woodruff
John Woodruff
Aethos Real Estate
(628) 200-7963
51 Total Sales
1 in Cleveland Heights
$1,466,000 Price
-
Edward Ong
Edward Ong
Responds QuicklyCorpen Real Estate Group
(669) 200-0582
83 Total Sales
1 in Cleveland Heights
$500,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $7,400,000 | First American Title Company | ||
| -- | Old Republic Title Company | ||
| $3,150,000 | Old Republic Title Company | ||
| $2,385,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $3,625,000 | ||
| Previous Owner | $3,000,000 | ||
| Previous Owner | $1,430,000 | ||
| Previous Owner | $1,025,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/20/2021 08/20/21 | Sold | $7,450,000 | -2.6% | $275 / Sq Ft |
| 03/12/2021 03/12/21 | Pending | -- | -- | -- |
| 02/17/2021 02/17/21 | For Sale | $7,650,000 | -- | $282 / Sq Ft |
Source: San Francisco Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $119,342 | $6,310,110 | $1,300,000 | $5,000,000 |
| 2025 | $119,342 | $7,852,378 | $2,122,400 | $5,719,868 |
| 2024 | $114,631 | $7,698,666 | $2,080,800 | $5,607,756 |
| 2023 | $120,526 | $7,537,800 | $2,040,000 | $5,497,800 |
| 2022 | $116,555 | $7,400,110 | $2,000,000 | $5,390,000 |
| 2021 | $63,424 | $3,820,297 | $1,143,051 | $2,677,246 |
| 2020 | $62,654 | $3,781,235 | $1,131,332 | $2,649,903 |
| 2019 | $59,023 | $3,706,399 | $1,109,157 | $2,597,242 |
| 2018 | $57,734 | $3,633,928 | $1,087,416 | $2,546,512 |
| 2017 | $54,871 | $3,562,870 | $1,066,099 | $2,496,771 |
| 2016 | $53,745 | $3,493,193 | $1,045,196 | $2,447,997 |
| 2015 | $53,446 | $3,440,881 | $1,029,502 | $2,411,379 |
| 2014 | $54,833 | $3,368,152 | $1,009,343 | $2,358,809 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Smith
C
Seller's Agent in 2021
Christopher Smith
City Real Estate
(415) 325-2295
1 in this area
11 Total Sales
-
Steve Zirelli
Buyer's Agent in 2021
Steve Zirelli
Cornish & Carey Commercial
(650) 688-8508
1 in this area
38 Total Sales
Map
Source: San Francisco Association of REALTORS®
MLS Number: 421520571
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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