tomo logo

$580,000

Beds
2
Baths
1.0
sq ft
772

2209 Otis Dr Unit P, Alameda, CA 94501

2209 Otis Dr Unit P

Alameda, CA 94501

  • 12 days on market
Fantastic location with NO rental restrictions! Turnkey top-floor condo featuring 2 BD/1 BA with a brand new balcony and new exterior paint. Bright & open floorplan with refinished hardwood floors, recessed lighting, updated kitchen with stainless steel appliances, and new carpets. Assigned 1 car parking in a gated community with a private pool facing the lagoon. Conveniently located just across from South Shore Center and a short walk to the beach, grocery stores, restaurants, and public transportation.

Details

Property type

Condominium

Est. home value

$516,474

Lot size

0.54 acres

Price per sq ft

$752

Year built

1962

Monthly HOA fee

$430

Price History

01/09/2025
BridgeMLS

BridgeMLS #41081888

Listed
$580,000
07/16/2024
BridgeMLS

BridgeMLS #41063967

Removed
$580,000
06/20/2024
BridgeMLS

BridgeMLS #41063967

Listed
$580,000
+0.87%

Schools & Community

Neighborhood: 

Bronze Coast

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

17

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

$30,281
Asking price
$580,000
Closing costs (~8% of asking)
-$46,400
Est. remaining loan balance
-$503,319
Cash to seller
$30,281

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

July 2021

Original loan amount

$545,000

Est. remaining balance

$503,319

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Phillip Barry Atkinson Jr and Sarina Atkinson

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: 01/22/2025 at 8:50 AM

Listing updated: 01/16/2025 at 12:40 AM

Listed by: Miranda Tsang, Keller Williams Tri-Valley Phone #: (510) 688-0149

MLS: BridgeMLS #41081888

BridgeMLS logo

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