tomo logo

$575,000

Beds
2
Baths
1.0
sq ft
1,010

2553 Wallace St, Oakland, CA 94606

2553 Wallace St

Oakland, CA 94606

  • <1 day on market
    • Open house Feb 22
Charming 2 bed 1 bath home with immaculate hard wood floors, a large walk in closet with laundry and an updated kitchen that opens to an expansive, sunny deck with hill views. A large, finished, bonus room sits below the main home the perfect space for your home office, gym or guests. The lower room exits to the spacious, fully fenced back yard. Practice your horticultural skills in the green house! The home is PSL is compliant, knob and tube has been removed, great finishes and updates throughout. Why pay exorbitant and ever rising HOA dues for a condo when you can own this incredible single family home! Don't miss this Gem :)

Details

Property type

Single Family Residence

Est. home value

$663,530

Lot size

2,937 sq ft

Price per sq ft

$570

Year built

1925

HOA

No

Price History

02/21/2025
BridgeMLS

BridgeMLS #41086734

Listed
$575,000
-7.26%
06/25/2021
BridgeMLS

BridgeMLS #40952046

Sold
$620,000

Schools & Community

Neighborhood: 

Tuxedo

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

$15,679
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$513,321
Cash to seller
$15,679

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

Seller’s Loan History

Lender

Patelco Cu

Loan start date

June 2021

Original loan amount

$557,930

Est. remaining balance

$513,321

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Sean Fruth

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: 02/22/2025 at 8:20 AM

Listing updated: 02/22/2025 at 7:55 AM

Listed by: Christopher DuBois, Vanguard Properties Phone #: (510) 333-3505

MLS: BridgeMLS #41086734

BridgeMLS logo

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