tomo logo

$899,000

Beds
3
Baths
2.0
sq ft
1,906

1615 Broadway Unit 9, Oakland, CA 94612

1615 Broadway Unit 9

Oakland, CA 94612

  • 84 days on market
    • Price drop $46,000↓
Transparent Price !! THIS PROPERTY IS FOR SALE AND FOR RENT. Step into a living masterpiece at 1615 Broadway, Unit 9. Imagine living in or owning the entire 9th floor of the iconic Cathedral Building: an extraordinary 1910 sq. ft., 3B/2B condo overflowing with natural light. Indulge the serenity of spa-like bathrooms; revel in the stunning culinary kitchen featuring luxury stainless steel appliances, abundant cabinet space, a large center island, perfect for both casual dining and gourmet meal prep; effortlessly manage your home office streaming anything with blazing internet speeds thanks to fiber-to-the-unit; and experience tranquility within a hectic city provided by separate interior, double-paned window designed to minimize street noise, UV radiation, and wind intrusion. Step outside and you’re surrounded by Oakland’s finest dining, shopping, entertainment including the famed Fox Theater and the chic Bar Shiru. A unit with a perfect Walk Score of 100! Commuting is effortless with BART stations feet away and freeways minutes away. And the cherry on top? For potential buyers, this property falls under the Mills Act, offering significantly reduced property taxes. Available for rent at $4500 per month.

Details

Property type

Condominium

Lot size

2,246 sq ft

Price per sq ft

$472

Year built

1914

Monthly HOA fee

$1,079

Price History

10/27/2024
BridgeMLS

BridgeMLS #41070472

Price change
$899,000
-4.87%
09/01/2024
BridgeMLS

BridgeMLS #41070472

Price change
$945,000
-4.55%
08/21/2024
BridgeMLS

BridgeMLS #41070472

Listed
$990,000

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

$397,794
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$429,286
Cash to seller
$397,794

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

$429,286

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: 11/13/2024 at 7:30 PM

Listing updated: 11/06/2024 at 8:30 AM

Listed by: Pei Chun Chang, Redfin Phone #: (510) 993-6668

MLS: BridgeMLS #41070472

BridgeMLS logo

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