tomo logo

$419,000

Beds
1
Baths
1.0
sq ft
621

199 Montecito Ave Unit 108, Oakland, CA 94610

199 Montecito Ave Unit 108

Oakland, CA 94610

  • 58 days on market
    • Price drop $20,000↓
Stylish and serene one-bedroom, one-bathroom condominium with rare in-unit laundry on tree-lined Montecito Avenue, an Adam’s Point urban oasis. This peaceful rear-facing unit maximizes 621 square feet of open-concept living with updates throughout. Enjoy a spacious main living space with exotic engineered hardwood floors, great natural light, and a private balcony perched among the trees. A sleek and sophisticated open kitchen with a brand-new refrigerator, stainless steel appliances, and recessed lighting makes preparing everyday meals a joy. Enjoy relaxing views from your bedroom window while your in-unit LG washer/dryer combo machine makes laundry day a breeze. Added conveniences include deeded parking and dedicated storage in the gated garage. Around the corner to Whole Foods, two blocks to Lake Merritt, and near the best of Grand Lake, Lakeshore, KONO neighborhoods, and beyond. Quick access to BART, Bay Bridge, Highway 24, 580, and 980. Come see your new urban home for yourself!

Details

Property type

Condominium

Est. home value

$455,489

Lot size

0.25 acres

Price per sq ft

$675

Year built

1971

Monthly HOA fee

$456

Price History

06/21/2024
BridgeMLS

BridgeMLS #41058519

Price change
$419,000
-4.56%
05/17/2024
BridgeMLS

BridgeMLS #41058519

Price change
$439,000
-4.36%
05/03/2024
BridgeMLS

BridgeMLS #41058519

Listed
$459,000
-8.2%

Schools & Community

Neighborhood: 

Adams Point

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

28

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

$6,532
Asking price
$419,000
Closing costs (~8% of asking)
-$33,520
Est. remaining loan balance
-$378,948
Cash to seller
$6,532

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

Seller’s Loan History

Lender

First Mortgage Solutions Llc

Loan start date

December 2021

Original loan amount

$400,000

Est. remaining balance

$378,948

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Brian O 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: 07/01/2024 at 8:35 AM

Listing updated: 06/27/2024 at 3:43 AM

Listed by: M. Reza Aghababa, Golden Gate Sothebys Intl Rlty Phone #: (510) 910-5138

MLS: BridgeMLS #41058519

BridgeMLS logo

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