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708 Arimo Avenue

708 Arimo Avenue, Oakland, CA 94610
Property in Lakeshore
Sold Jul 23, 1998
$423,500
$680,000 by Guaranteed Rate Affinity Llc
Mortgage Due Sep 01, 2050
Local assessors in Oakland, CA have categorized 708 Arimo Avenue as a residential type of property. The home was built in 1918 and is 106 years old. It was most recently renovated and altered in 1921. The property's lot size has been calculated to be 5,100 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 3 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 708 Arimo Avenue has a total of 2,377 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 708 Arimo Avenue sold most recently in Jul 14, 1998 for a total of $423,500. If you work out the math, that's approximately a cost of $178.17 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $12,043 in taxes each year. 708 Arimo Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $748,311. If we break it down further, the land itself was valued at $187,754. Improvements to the property, however, were assessed at a total of $567,557. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1921
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,100
  • Total Building Area: 2,377
  • Building Area: 2,377
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,377
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST PIEDMONT HEIGHTS EXT
  • Land Acres: 0.117
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00053 BLK: AR: 0011 PAGE: 0863

Ownership

  • Current Owner : RIMAC ANTHONY M
  • Current Owner 2: RIMAC AMY B
  • Previous Owner : MELITA FITZGERALD CHRISTOPHER S
  • Previous Owner 2: MELITA ELMORE
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Oakland Unified School District
  • Census Tract: 403800

Geography

  • Assessors Map Reference: 9-E3
  • Parcel: 11-863-53
  • Block: 1
  • Lot: 19
  • Municipality: CITY OF OAKLAND
  • Latitude: 37.8154
  • Longitude: -122.235

    Address

  • Full Address: 708 Arimo Ave
  • Address - House Number: 708
  • Address - Street Name: Arimo
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Oakland
  • Carrier Code: C035
  • 4-Digit Zip Code: 1153
  • Zip Code: 94610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,043
  • Tax Rate Code Area: 17-001

    Appraisal Valuation

  • Standard Deviation: 0.2017
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 1,977,116
  • High Value: 2,376,059
  • Low Value: 1,578,172

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $680,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Aug 14, 2020
  • First Open Lien Mortgage Loan Amount: $680,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $748,311
  • Assessed Land Value: $187,754
  • Assessed Improvements Value: $567,557

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 14, 1998
  • Current Sale Recording Date: Jul 23, 1998
  • Current Sale Transaction ID: 1023134809
  • Current Sale Price: $423,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 98258290

    Last Sale Mortgage

  • First Mortgage Lender: NORTH AMERICAN MTG
  • First Mortgage Transaction Date: Jul 23, 1998
  • First Mortgage Loan Amount: $338,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2028
  • Second Mortgage Loan Amount: $42,300

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lower Hills District



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Frequently Asked Questions

What neighborhood is 708 Arimo Avenue located in?
The 708 Arimo Avenue is a located in the neighborhood of Lakeshore in Lower Hills District, Oakland.
What is the average sales price for listings in 708 Arimo Avenue?
The average sales price for units in 708 Arimo Avenue is $0 currently.

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