NOT LISTED FOR SALE

Estimated Value: $663,000 - $929,019

3 Beds
1.5 Baths
1,438 Sq Ft
$561/Sq Ft Est. Value

Last Sold November 06, 2024

Last sale price $690,000 $480 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,460/month

16 Days on Market

Highlights

  • Traditional Architecture
  • 1 Car Attached Garage
  • Dining Area
  • No HOA
  • Forced Air Heating System
  • Rectangular Lot

About This Home

As of November 2024

Welcome to 562 Montclair Ave, a property with incredible potential, ready for transformation. Set on a spacious 6,708 sq. ft. lot, this home offers over 2,100 sq. ft. across the main floor and lower level. While it currently needs fire damage restoration, its solid structure presents a prime opportunity for a stunning renovation. The 1,438 sq. ft. upstairs includes 2 bedrooms and 1 bathroom but could easily be reimagined as a 3-bedroom, 2-bath layout for modern living. Downstairs, an additional 750+ sq. ft. is already framed out, offering endless possibilities for extra living space or a 2-bedroom ADU. The 348 sq. ft. garage, plus over 300 sq. ft. of basement space, adds even more flexibility for storage, parking, or additional living areas. The large backyard is a blank canvas for landscaping, gardening, or further development, perfect for expanding the property’s living space. Located in the sought-after Cleveland Heights neighborhood, this home is just blocks from Lake Merritt, Lakeshore, and Grand Ave shops, with easy access to highways and transportation. 562 Montclair Ave is an exciting opportunity to design your dream home or create a valuable investment.

Last Agent to Sell the Property

Kenneth Er

Compass License #01942269 Listed on: 10/10/2024

Last Buyer's Agent

FIONA HOANG

The Agency License #02026585

The Agency

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1928

Lot Details

  • 6,740 Sq Ft Lot
  • Rectangular Lot
  • Back Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Raised Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Bay East Association
  • Cleveland Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2346919

Home Details

Home Type

Single Family

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1928
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: CLEVELAND HEIGHTS
  • Directions: Google
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement: Crawl Space, Partial
  • Other Equipment: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Dining Area
  • Room Kitchen Features: Other

Exterior Features

  • Lot Features: Regular
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Back Yard
  • Foundation Details: Raised, Concrete Perimeter
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached

Utilities

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

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

  • Senior High School District: Oakland (510) 879-8111

Lot Info

  • Lot Size Sq Ft: 6740
  • Parcel Number: 2346919
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Oct 29, 2024
Sold by
Tam Judy Kit and Tam Betty Kit
Bought by
Fred Anthony Montano Trust and Montano
Seller's Agent
Kenneth Er
Compass
Buyer's Agent
FIONA HOANG
The Agency
List Price
$499,000
Sold Price
$690,000
Premium/Discount to List
$191,000
38.28%
Views
49
Current Estimated Value
$807,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,255
Avg. Annual Appreciation
14.62%
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
Fred Anthony Montano Trust $690,000 Chicago Title
Tam Judy Kit -- Chicago Title
Tam Betty Kit -- Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $690,000 -- --
11/06/2024 11/06/24 Sold $690,000 +38.3% $480 / Sq Ft
10/26/2024 10/26/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $499,000 -- $347 / Sq Ft
Source: Bay East 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 $2,910 $690,000 $207,000 $483,000
2024 $2,910 $77,639 $39,661 $37,978
2023 $2,918 $76,117 $38,883 $37,234
2022 $2,765 $74,625 $38,121 $36,504
2021 $2,489 $73,161 $37,373 $35,788
2020 $2,458 $72,411 $36,990 $35,421
2019 $2,267 $70,992 $36,265 $34,727
2018 $2,221 $69,600 $35,554 $34,046
2017 $2,100 $68,235 $34,857 $33,378
2016 $1,937 $66,898 $34,174 $32,724
2015 $1,920 $65,892 $33,660 $32,232
2014 $1,774 $64,602 $33,001 $31,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41076044

Bay East Association of REALTORS®

APN: 023-0469-019-00