tomo logo

$675,000

Beds
5
Baths
2.5
sq ft
2,029

2004 47th Ave, Oakland, CA 94601

2004 47th Ave

Oakland, CA 94601

  • 211 days on market
    • Price drop $24,000↓
Amazing investment opportunity! This updated duplex sits on a corner lot and features dual pane windows, separate meters for electricity, gas, and water, and beautiful hardwood floors. The kitchens boast granite counters. The downstairs unit has 3 bedrooms and 1.5 bathrooms, while the upstairs unit offers 2 bedrooms and 1 bathroom, totaling 2029 sqft. The property is city-approved for building 2 additional units. It is gated, provides ample off-street parking, and enjoys a central location close to schools, shopping, BART, and freeway access. Recently remodeled and freshly painted. Downstairs unit- Occupied Upstairs unit- Vacant

Details

Property type

Single Family Residence

Est. home value

$830,481

Lot size

5,000 sq ft

Price per sq ft

$333

Year built

1910

HOA

No

Price History

06/27/2024
BridgeMLS

BridgeMLS #41057510

Price change
$675,000
-3.43%
04/26/2024
BridgeMLS

BridgeMLS #41057510

Listed
$699,000
+4.33%
11/14/2019
BridgeMLS

BridgeMLS #40876060

Sold
$670,000
+21.82%

Schools & Community

Neighborhood: 

Fremont

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

$198,678
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$422,322
Cash to seller
$198,678

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

November 2019

Original loan amount

$469,000

Est. remaining balance

$422,322

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Robert Sheldon Bridges

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: 11/22/2024 at 7:00 PM

Listing updated: 10/23/2024 at 9:37 PM

Listed by: Michael Rose, Equity Nest Realty Phone #: (408) 444-2909

MLS: BridgeMLS #41057510

BridgeMLS logo

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