tomo logo

$799,000

Beds
2
Baths
2.0
sq ft
1,343

201 4th St Unit 511, Oakland, CA 94607

201 4th St Unit 511

Oakland, CA 94607

  • 29 days on market
    • Open house Dec 21
This beautifully updated, modern, single-level condo in The New Market Lofts building in the heart of Jack London Sq offers premium living and an exceptional urban lifestyle. A premium corner unit, this extraordinary & spacious 2 bedroom, 2 bath, 1,343+/- SF residence features soaring 12' textured concrete ceilings with many architectural details from the original construction as the Safeway Corp headquarters. A modern, open concept floor plan enjoys stylish cement stone flooring, designer lighting, and beautifully updated kitchen complete w/ breakfast bar, stainless steel appliances, and modern cabinetry. Wall-to-wall windows bathe this captivating space in loads of natural light and views of Jack London Sq on to the Oakland Estuary. An expansive primary ensuite delivers a luxurious owner experience with premium walk-in shower with dual showerheads, double vanity, and large walk-in closet. New Market Lofts features an array of premium amenities including a fitness center and roof top deck, as well as 2 deeded tandem parking spots (#45 & #46) in secure garage. This premium location enjoys some of Oakland’s best dining, shopping and entertainment right outside your front door. Commuting couldn’t be easier with Ferry service to SF just steps away, and just minutes to BART.

Details

Property type

Condominium

Est. home value

$980,744

Lot size

0.35 acres

Price per sq ft

$595

Year built

1928

Monthly HOA fee

$740

Price History

12/03/2024
BridgeMLS

BridgeMLS #41079436

Listed
$799,000
-30.52%
04/14/2022
BridgeMLS

BridgeMLS #40984372

Sold
$1,150,000

Schools & Community

Neighborhood: 

Produce & Waterfront

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

53

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

-$139,643
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$874,723
Cash to seller
-$139,643

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 Republic Bank

Loan start date

April 2022

Original loan amount

$920,000

Est. remaining balance

$874,723

Interest rate

3.92%

Loan type

New Conventional, 30 year

Seller

Sean K Robbins and Alexandra Lauren Breslin

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?

Status: Active

Tomo last checked: 12/21/2024 at 9:10 AM

Listing updated: 12/16/2024 at 3:05 PM

Listed by: Mike Yohay, Compass Phone #: (510) 717-2380

MLS: BridgeMLS #41079436

BridgeMLS logo

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