tomo logo

$649,000

Beds
1
Baths
1.0
sq ft
971

1 Lakeside Dr Unit 705, Oakland, CA 94612

1 Lakeside Dr Unit 705

Oakland, CA 94612

  • 68 days on market
The Essex is a Luxurious & Sophisticated Condominium on the shores of Lake Merritt in Oakland. Enjoy the comforts of an urban vibe and effortless lifestyle - conveniently located by Lake Merritt’s natural surroundings and downtown Oakland’s dining and boutique shops. This stunning 1-bedroom, 1-bathroom, plus flex-space (office/den) with new LVP flooring, new carpet, new kitchen appliances, and new paint. Corner unit with no neighbors on one side, bright, and quiet unit with a living room balcony with direct views of Lake Merritt, pool, Oakland downtown and hills. 1 parking space in a secured garage, HOA amenities: 24/7 lobby front desk; Pool; Spa; Fitness Center; Library; Conference Room + more. Conveniently located near BART and public transportation.

Details

Property type

Condominium

Est. home value

$600,380

Lot size

Unknown

Price per sq ft

$669

Year built

2001

Monthly HOA fee

$911

Price History

04/23/2024
BridgeMLS

BridgeMLS #41057128

Listed
$649,000
-0.92%
03/19/2024
BridgeMLS

BridgeMLS #41046692

Removed
$655,000
02/29/2024
BridgeMLS

BridgeMLS #41046692

Price change
$655,000
-1.5%

Schools & Community

Neighborhood: 

Lakewide

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Oakland (510) 879-8111

Number of units in community: 

270

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$442,691
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$154,389
Cash to seller
$442,691

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Fremont Bank

Loan start date

October 2011

Original loan amount

$213,750

Est. remaining balance

$154,389

Interest rate

4.22%

Loan type

New Conventional, 30 year

Seller

Roger Pupp and Marilyn Tsai

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 07/01/2024 at 8:20 AM

Listing updated: 06/28/2024 at 12:18 PM

Listed by: Bach Nguyen, Jack London Square Realty Phone #: (510) 452-1927

MLS: BridgeMLS #41057128

BridgeMLS logo

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