tomo logo

$449,000

Beds
1
Baths
1.0
sq ft
876

295 Lenox Ave Unit 203, Oakland, CA 94610

295 Lenox Ave Unit 203

Oakland, CA 94610

  • 4 days on market
Perfectly located near Lake Merritt, this delightful 1-bedroom, 1-bath condo in sought-after Adams Point provides a cozy and convenient lifestyle. The open kitchen boasts stainless steel appliances and a granite countertop breakfast bar. Enjoy meals in the inviting dining area. The spacious bedroom features a generous closet and natural light. Your bathroom includes a tub/shower combo, ample cabinets, and open counter space. Relax on the private balcony spanning the bedroom and living room to take in the fresh air. Just minutes from Whole Foods and Trader Joe’s, you're in close proximity to Lakeshore Ave, Piedmont Ave, Jack London Sq., and Temescal shopping & dining. Explore Lake Merritt, catch a movie at the Grand Lake Theatre, and stroll along Grand Avenue. Included are a designated parking spot in the basement and an assigned garage storage unit. Ready for immediate move-in, this condo is part of a 24-unit complex, offering an ideal setting for an active Oakland lifestyle. Don't miss this rare opportunity – it's yours for the taking!

Details

Property type

Condominium

Est. home value

$485,292

Lot size

0.29 acres

Price per sq ft

$513

Year built

1981

Monthly HOA fee

$484

Price History

06/26/2024
BridgeMLS

BridgeMLS #41064612

Listed
$449,000
-2.18%
05/25/2024
BridgeMLS

BridgeMLS #41048206

Removed
$459,000
04/29/2024
BridgeMLS

BridgeMLS #41048206

Price change
$459,000
-2.13%

Schools & Community

Neighborhood: 

Adams Point

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

24

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

$68,310
Asking price
$449,000
Closing costs (~8% of asking)
-$35,920
Est. remaining loan balance
-$344,770
Cash to seller
$68,310

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

Seller’s Loan History

Lender

Alameda Mortgage Corp

Loan start date

June 2023

Original loan amount

$348,750

Est. remaining balance

$344,770

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Steven Alfred Nguy

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 8:40 AM

Listing updated: 06/28/2024 at 3:03 PM

Listed by: Scott Nguyen, Kinetic Real Estate Phone #: (415) 234-0636

MLS: BridgeMLS #41064612

BridgeMLS logo

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