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$2,195,000

Beds
4
Baths
2.5
sq ft
2,814

1166 Sherman St, Alameda, CA 94501

1166 Sherman St

Alameda, CA 94501

  • 26 days on market
    • Open house Sep 22
An exceptional and grand Alameda Gold Coast craftsman, this extraordinary home enjoys an extensive list of modern updates and luxurious finishes while preserving the exquisite detail of this 1911 showpiece. Featuring 4 bedrooms, 2 full bathrooms, and 1 half bath across a spacious 2,814 +/- square feet of luxurious living, complete with an incredible gourmet chef’s kitchen, expansive and grand living room, formal wood-paneled dining room, and an elegantly landscaped private backyard retreat with marble stone fire pit and hot tub, this gorgeous home is a perfect balance of traditional style and modern luxury while seamlessly integrating with the natural beauty that surrounds. Located in the distinguished Gold Coast neighborhood just blocks to coveted Franklin Elementary School, Park and Webster Street amenities, beaches, cafes, and the SF Ferry, 1166 Sherman is a rare find that delivers the best in Alameda living. Open Sun 2-4.

Details

Property type

Single Family Residence

Est. home value

$2,194,921

Lot size

6,030 sq ft

Price per sq ft

$781

Year built

1911

Price History

08/23/2024
BridgeMLS

BridgeMLS #41070747

Listed
$2,195,000
+7.07%
01/12/2021
BridgeMLS

BridgeMLS #40928633

Sold
$2,050,000
+83.04%
03/18/2015
BridgeMLS

BridgeMLS #40687748

Sold
$1,120,000

Schools & Community

Neighborhood: 

Gold Coast

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$552,487
Asking price
$2,195,000
Closing costs (~8% of asking)
-$175,600
Est. remaining loan balance
-$1,466,913
Cash to seller
$552,487

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

January 2021

Original loan amount

$1,600,000

Est. remaining balance

$1,466,913

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Jeffrey Lamb and Lauren Lamb

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?

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Status: Active

Tomo last checked: 09/18/2024 at 4:50 PM

Listing updated: 09/17/2024 at 4:21 PM

Listed by: Christopher Clark, Compass Phone #: (415) 298-5179

MLS: BridgeMLS #41070747

BridgeMLS logo

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