tomo logo

$489,000

Beds
1
Baths
1.0
sq ft
818

1394 E 31st St, Oakland, CA 94602

1394 E 31st St

Oakland, CA 94602

  • 127 days on market
    • Price drop $10,000↓
Experience urban serenity in this stunningly updated home. As you enter, the living room is filled with natural light that enhances its inviting ambiance. This home features a well-equipped kitchen, a quiet bedroom, and a private patio area for relaxation. It's spacious layout and inviting atmosphere make it ideal for hosting gatherings with friends and family. In this neighborhood, you'll find local eateries, cafes, and conveniences just moments away, promising a lifestyle of ease and leisure. Ideal for first-time buyers and those looking for the perfect location for commuting. This home is a great alternative to a condominium. Don't miss the chance to make this amazing property your new home!

Details

Property type

Single Family Residence

Est. home value

$554,461

Property condition

Updated/Remodeled

Lot size

1,550.736 sq ft

Price per sq ft

$598

Year built

1926

HOA

No

Price History

09/16/2024
SFAR

SFAR #424048441

Price change
$489,000
-2%
07/11/2024
SFAR

SFAR #424048441

Listed
$499,000
-9.27%
05/18/2023
BridgeMLS

BridgeMLS #41023023

Sold
$550,000

Schools & Community

Neighborhood: 

Lynn

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

-$36,918
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$486,798
Cash to seller
-$36,918

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2023

Original loan amount

$495,000

Est. remaining balance

$486,798

Interest rate

6.65%

Loan type

New Conventional, 30 year

Seller

Sean C Hicks

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?

Similar Homes Nearby

Price drop
BridgeMLS
$459,000
1 bd
|
1 ba
|
695 sq ft
|
Condo

320 Lee St Unit 404, Oakland, CA 94610

Price drop
BridgeMLS
$469,000
1 bd
|
1 ba
|
731 sq ft
|
Condo

320 Lee St Unit 301, Oakland, CA 94610

BridgeMLS
$475,000
1 bd
|
2 ba
|
860 sq ft
|
Condo

565 Bellevue Ave Unit 1204, Oakland, CA 94610

Status: Active

Tomo last checked: 11/14/2024 at 10:50 PM

Listing updated: 10/10/2024 at 9:35 AM

Listed by: Kevin Yb Choy, Vanguard Properties

MLS: SFAR #424048441

SFAR logo

Recently listed in Oakland

$1,495,000|3 bd|2.0 ba|House
$699,000|2 bd|1.0 ba|House
$549,999|3 bd|3.0 ba|House
$399,000|3 bd|1.0 ba|House
$649,800|5 bd|2.0 ba|House
$1,900,000|5 bd|3.5 ba|House
$619,000|3 bd|2.0 ba|House
$435,000|2 bd|1.0 ba|Condo
$1,395,000|5 bd|2.5 ba|House