tomo logo

$995,000

Beds
3
Baths
2.0
sq ft
1,906

1615 Broadway Unit 9, Oakland, CA 94612

1615 Broadway Unit 9

Oakland, CA 94612

  • 108 days on market
Welcome to this modern and elegant residence at 1615 Broadway, Unit 9, in the heart of Downtown Oakland. Built in 1914 and designed by architect Benjamin Geer McDougall, this home occupies its own floor and is beaming with natural light throughout. The home offers a spacious 3-bedroom, 2-bathroom layout spread across 1,906 square feet of luxurious living space, a walk-in closet, and updated spa-like bathrooms. The kitchen is a culinary haven, boasting stainless steel appliances, ample cabinet space, and a sizable center island for casual dining and meal prep. It has many dining, shopping, and entertainment options, such as the Fox Theater, Bar Shiru, and many more! The building's proximity to 19th Street Bart Station, 580/880 fwy, ensures easy access to the Bay Area. The property is in the historic building category under the Mills Act and may qualify for a reduction in property taxes. Take advantage of this opportunity to own a piece of history in the Cathedral Building! - Walkscore of 100

Details

Property type

Condominium

Lot size

2,246 sq ft

Price per sq ft

$523

Year built

1914

Monthly HOA fee

$1,079

Price History

03/15/2024
BridgeMLS

BridgeMLS #41052848

Listed
$995,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

14

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

$482,587
Asking price
$995,000
Closing costs (~8% of asking)
-$79,600
Est. remaining loan balance
-$432,813
Cash to seller
$482,587

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

Seller’s Loan History

Lender

Cherry Creek Mortgage Co Inc

Loan start date

May 2020

Original loan amount

$473,000

Est. remaining balance

$432,813

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Gregory Mouroux

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: 07/01/2024 at 8:10 AM

Listing updated: 06/19/2024 at 12:13 PM

Listed by: Annie Cheng, Compass Phone #: (510) 833-6178

MLS: BridgeMLS #41052848

BridgeMLS logo

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