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$1,310,000

Beds
2
Baths
1.5
sq ft
1,108

1318 8th St, Alameda, CA 94501

1318 8th St

Alameda, CA 94501

  • 33 days on market
Welcome to 1318 8th Street, Alameda! This charming 2-bedroom, 1.5-bath bungalow offers the best of Bay Area living. Situated in an incredible location, this home is directly across from Washington Park and close to Crown Memorial State Beach. Enjoy the coastal breeze, easy park access, and proximity to local schools and other great amenities. The newly remodeled interior features an open floor plan with modern upgrades throughout. The home boasts a stylish kitchen with sleek, modern appliances and beautifully updated bathrooms for your comfort. With plenty of parking in the large driveway (enough for four cars) and a detached garage/workshop, you'll have ample space for projects, storage, and more. Don't miss out on this rare opportunity to live in the heart of Alameda, where beaches, parks, and schools are just around the corner!

Details

Property type

Single Family Residence

Est. home value

$1,262,684

Lot size

4,520 sq ft

Price per sq ft

$1,183

Year built

1920

HOA

No

Price History

10/24/2024
BridgeMLS

BridgeMLS #41075252

Price change
$1,310,000
+21.41%
10/03/2024
BridgeMLS

BridgeMLS #41075252

Listed
$1,079,000
-20.07%
08/26/2024
BridgeMLS

BridgeMLS #41058400

Removed
$1,350,000

Schools & Community

Neighborhood: 

West End

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

$386,451
Asking price
$1,310,000
Closing costs (~8% of asking)
-$104,800
Est. remaining loan balance
-$818,749
Cash to seller
$386,451

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

August 2021

Original loan amount

$880,000

Est. remaining balance

$818,749

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Daniel Merala

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: 11/05/2024 at 1:05 PM

Listing updated: 10/31/2024 at 1:30 AM

Listed by: Tom Hendershot, Redfin Phone #: (510) 828-4650

MLS: BridgeMLS #41075252

BridgeMLS logo

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