tomo logo

$589,000

Beds
1
Baths
1.5
sq ft
1,111

311 Oak St Unit 339, Oakland, CA 94607

311 Oak St Unit 339

Oakland, CA 94607

  • 78 days on market
Open Sunday 8/25 2-4pm Dreaming of that chic urban loft lifestyle? Look no further! This rarely available floor plan at The Sierra at Jack London Square offers visually stunning floor-to-ceiling windows and cool exposed concrete walls. Wide open space beautifully appointed in true loft style with upstairs bedroom and full bath overlooking a spacious living room, open kitchen, and half-bath. The Sierra’s fabulous contemporary architecture showcases the luxury amenities: two-story fully equipped gym, sunny pool deck, sauna, two penthouse-level community leisure spaces with spectacular views, media room with conference space and pool table, 24/7 security concierge and even a convenient deli on site. All of this in the ultimate Oakland location, fabulous Jack London Square! Enjoy beautiful views in all directions, farmer’s market, cinema, world-class restaurants, breweries, and entertainment (Cellarmaker, Original Pattern, Yoshi’s, Farmhouse Thai, just to name a few!). Walkscore of 93 - everything you need is nearby. Supreme travel and commuting convenience just blocks from BART, Amtrak, Transbay ferry, buses and freeways. This unit is truly turn-key, super clean, and freshly painted, hardwood flooring and cushy new bedroom carpet. Move right in and start living the dream!

Details

Property type

Condominium

Est. home value

$653,480

Lot size

1.38 acres

Price per sq ft

$531

Year built

2003

Monthly HOA fee

$873

Price History

08/22/2024
BridgeMLS

BridgeMLS #41070573

Listed
$589,000
-7.68%
04/05/2024
BridgeMLS

BridgeMLS #41039034

Removed
$638,000
03/07/2024
BridgeMLS

BridgeMLS #41039034

Pending
$638,000

Schools & Community

Neighborhood: 

Produce & Waterfront

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

Oakland (510) 879-8111

Number of units in community: 

224

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

$221,581
Asking price
$589,000
Closing costs (~8% of asking)
-$47,120
Est. remaining loan balance
-$320,299
Cash to seller
$221,581

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

August 2016

Original loan amount

$477,000

Est. remaining balance

$320,299

Interest rate

3.41%

Loan type

New Conventional, 20 year

Seller

Stig Ingvar Venaas

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: 11/08/2024 at 8:30 AM

Listing updated: 08/28/2024 at 1:27 AM

Listed by: Wendy Graves, Winkler Real Estate Group Phone #: (415) 823-2523

MLS: BridgeMLS #41070573

BridgeMLS logo

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