tomo logo

$549,000

Beds
2
Baths
2.0
sq ft
715

2815 Octavia St, Oakland, CA 94619

2815 Octavia St

Oakland, CA 94619

  • 74 days on market
    • Price drop $26,000↓
Nestled in the heart of Allendale in Oakland, this charming single-family home offers a cozy haven with 2 bedrooms, 1 bathroom, and a bonus space that presents a unique opportunity. The bonus space is complete with 1 bedroom, 1 bathroom, and kitchen that serves as an ideal additional workspace for multi-generational living. Step inside to discover 715 sqft of well-designed living space. The thoughtfully crafted built-ins throughout the home provide storage, adding both functionality and style to the interior. The kitchen is a chef's delight, boasting a stainless steel range hood, tile backsplash, stone counters with bar top seating, and an open layout that seamlessly connects to the main living area. Convenience is key with the 580 Freeway just moments away, ensuring an easy commute to anywhere in the Bay Area. Enjoy the tranquility of nearby Joaquin Miller Park, offering ample greenspace for outdoor activities and relaxation. For those who travel frequently, Oakland Airport is a mere 20-minute drive, adding an extra layer of accessibility to this already well-connected location. Don't miss the chance to make this property your own in the vibrant city of Oakland! Ask about the Down Payment assistance programs that are available for qualified buyers!

Details

Property type

Single Family Residence

Est. home value

$593,064

Lot size

1,920 sq ft

Price per sq ft

$768

Year built

1949

Price History

05/28/2024
BridgeMLS

BridgeMLS #41056526

Price change
$549,000
-4.52%
04/18/2024
BridgeMLS

BridgeMLS #41056526

Listed
$575,000
-4.01%
03/18/2024
BridgeMLS

BridgeMLS #41045234

Removed
$599,000

Schools & Community

Neighborhood: 

Allendale

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

$116,349
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$388,731
Cash to seller
$116,349

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

November 2021

Original loan amount

$412,000

Est. remaining balance

$388,731

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Milan A Carpenter Wilson

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 9:00 AM

Listing updated: 06/26/2024 at 7:23 PM

Listed by: Jennifer Ouk, eXp Realty of California Phone #: (510) 978-0428

MLS: BridgeMLS #41056526

BridgeMLS logo

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