tomo logo

$249,000

Beds
Unknown
Baths
1.0
sq ft
633

1501 9th Ave, Oakland, CA 94606

1501 9th Ave

Oakland, CA 94606

  • 51 days on market
    • Price drop $50,000↓
MOTIVATED SELLER! This spacious studio with abundant natural lighting is a sight to see! It features a private entry, vaulted ceilings, laminate floors, a Murphy bed, and massive closets. The updated kitchen features a refrigerator, gas range/oven, granite countertops, newer exhaust, skylight, and plenty of cabinet space. Comes with a washer and dryer. A dedicated parking spot is directly in front of the property. Only four units in the building with NO HOA FEES. It is conveniently located near BART, Lake Merritt, restaurants, and much more. Now's the time to own your home in Oakland for a great price!

Details

Property type

Condominium

Est. home value

$340,352

Lot size

2,472 sq ft

Price per sq ft

$394

Year built

1905

Price History

08/27/2024
BridgeMLS

BridgeMLS #41066898

Price change
$249,000
-16.72%
08/16/2024
BridgeMLS

BridgeMLS #41066898

Price change
$299,000
-6.56%
07/18/2024
BridgeMLS

BridgeMLS #41066898

Listed
$320,000

Schools & Community

Neighborhood: 

Clinton

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

4

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

-$24,815
Asking price
$249,000
Closing costs (~8% of asking)
-$19,920
Est. remaining loan balance
-$253,895
Cash to seller
-$24,815

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

Seller’s Loan History

Lender

Homexpress Mortgage Corp

Loan start date

October 2023

Original loan amount

$256,000

Est. remaining balance

$253,895

Interest rate

7.12%

Loan type

New Conventional, 30 year

Seller

Minh Tan Nguyen

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: 09/07/2024 at 8:00 PM

Listing updated: 09/03/2024 at 1:31 AM

Listed by: Dung Pham, Twin Oaks Real Estate Inc. Phone #: (510) 838-6272

MLS: BridgeMLS #41066898

BridgeMLS logo

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