NOT LISTED FOR SALE

Estimated Value: $1,183,980

0.11 Acre
$10,313,415 Price per Acre
5,001 Sq Ft Lot

Sale Details

Date Sold: August 1, 2024

Last sale price $325,000 $65 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $7,668 / mo

63 Days on Market

About This Lot

As of August 2024

Price Improvement. Motivated Seller. Prime 5000 Sqft Lot in East Oakland - Ideal for Parking Lot or Industrial Use. this lot offers endless potential for savvy investors and business owners alike. The other 5000 sqft was purchased/easement by PG&E back in 2021 for $395k.You can use the total lot 0f 10,000 sqft for parking. Own 5000 sqft lot, use 10,000 sqft lot.

Last Agent to Sell the Property

Mershad Rezayati

Golden Gate Sotheby's License #02100676 Listed on: 05/27/2024

Last Buyer's Agent

Ernest Salinas

eXp Realty of California Inc License #01986359

eXp Realty of California Inc

Property Details

Property Type

  • Land

Lot Details

  • 5,001 Sq Ft Lot
  • Property is Fully Fenced
  • Zoning described as Industrial,See Remarks

Utilities

  • No Utilities
  • Water Not Available
  • Sewer Not Available

Listing and Financial Details

  • Assessor Parcel Number 045-5231-007-05

Property Details

Property Type

Land

Lot Details

5,001 Sq Ft Lot

Listing Details

  • Type: Land
  • Property Sub Type: Commercial Lot
  • Directions To Property: Exit of 98th Ave. East on 98th Ave, Right on Pippin.
  • Lot Size Acres: 0.1148
  • Special Features: None

Interior Features

  • Possible Use: Industrial, See Remarks

Exterior Features

  • Lot Features: See Remarks
  • Fencing: Full

Utilities

  • Electric: Electric TBD
  • Sewer: None
  • Utilities: None
  • Water Source: None

Lot Info

  • Assessor Parcel Number: 045-5231-007-05
  • Lot Size Sq Ft: 5001.00
  • CurrentUse: Vacant
  • NumberOfLots: 1
  • Zoning Description: Industrial,See Remarks

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2013
Sold by
Werby Andrew A and Borgatta Francesca
Bought by
Werby Andrew A and Werby Family Trust
Current Estimated Value
$1,183,980

Purchase Details

Closed on
Jul 22, 2013
Sold by
Kuo Michael and Chan Shu Han
Bought by
Werby Andrew A and Borgatta Francesca

Purchase Details

Closed on
Sep 27, 2010
Sold by
East West Bank
Bought by
Kuo Michael and Chan Shu Han

Purchase Details

Closed on
Sep 9, 2010
Sold by
Federal Deposit Insurance Corporation
Bought by
East West Bank and United Commercial Bank

Purchase Details

Closed on
Oct 26, 2009
Sold by
Grijalva Maria and Castillo Maria
Bought by
United Commercial Bank

Purchase Details

Closed on
Sep 11, 2001
Sold by
Mensch Timothy and Mensch Family Trust
Bought by
Grijalva Maria and Castillo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 14, 1993
Sold by
Mensch Helmut and Mensch Mary
Bought by
Mensch Timothy and Mensch Melissa
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Werby Andrew A -- None Available
Werby Andrew A $600,000 Chicago Title Company
Kuo Michael $475,000 Chicago Title Company
East West Bank -- Chicago Title Company
United Commercial Bank $670,037 None Available
Grijalva Maria $800,000 First American Title Guarant
Mensch Timothy -- First American Title Guarant
Mensch Timothy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grijalva Maria $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2024 08/01/24 Sold $325,000 -7.1% $65 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
07/17/2024 07/17/24 Price Changed $350,000 -7.9% $70 / Sq Ft
07/10/2024 07/10/24 Price Changed $380,000 +1.3% $76 / Sq Ft
07/08/2024 07/08/24 Price Changed $375,000 -6.0% $75 / Sq Ft
06/17/2024 06/17/24 Price Changed $399,000 -6.1% $80 / Sq Ft
06/06/2024 06/06/24 Price Changed $425,000 -5.6% $85 / Sq Ft
05/27/2024 05/27/24 For Sale $450,000 -- $90 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $16,692 $735,485 $328,394 $407,091
2024 $16,692 $721,067 $321,956 $399,111
2023 $17,035 $706,931 $315,645 $391,286
2022 $16,009 $693,071 $309,456 $383,615
2021 $13,938 $679,487 $303,391 $376,096
2020 $13,750 $672,521 $300,281 $372,240
2019 $12,336 $659,339 $294,395 $364,944
2018 $12,066 $646,415 $288,624 $357,791
2017 $11,433 $633,743 $282,966 $350,777
2016 $11,101 $621,317 $277,418 $343,899
2015 $11,023 $611,987 $273,252 $338,735
2014 $8,816 $450,000 $267,900 $182,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324040843

Bay Area Real Estate Information Services (BAREIS)

APN: 045-5230-006-05

Your Personal Tour Guide

Ask me questions while you tour the home.