tomo logo

$525,000

Beds
1
Baths
1.5
sq ft
889

311 Oak St Unit 522, Oakland, CA 94607

311 Oak St Unit 522

Oakland, CA 94607

  • 108 days on market
    • Price drop $24,000↓
Exceptional 1-Bedroom Loft Unit in Jack London Square: With its charismatic elegance this Southeast facing condo home extends a view of the Oakland Hills and Oakland/Alameda Estuary. Enjoy the morning sunrise in this 5th floor 1-bedroom NY style loft layout. Approximately 889 square feet floor plan. Turn-key residence with fresh paint, refinished hardwood flooring and kitchen cabinet doors. Downstairs half bathroom. Stainless-steel appliances, In-unit laundry, Added storage and track lighting in kitchen and bedroom, Minimalist spiral staircase, Window shades, and Chic Designer color palette walls and cabinets. This is a stunning place of residence for unique residents. The Sierra at Jack London Square combines an innovative design, natural materials and the finest amenities to create the ultimate sophisticated urban living and experience. 1 parking space (garage basement). HOA Amenities include: 24/7 Front Desk/Security, Heated Lap Pool and Sauna, Fitness Center, Billiard and Media Room plus more. The Sierra is also conveniently located near to the 880 Freeway, Alameda/Oakland Ferry and AMTRAK, as well as Lake Merritt BART. Oakland International Airport is a fifteen-minute drive South.

Details

Property type

Condominium

Est. home value

$669,873

Lot size

Unknown

Price per sq ft

$591

Year built

2003

Monthly HOA fee

$799

Price History

05/14/2024
BridgeMLS

BridgeMLS #41052814

Price change
$525,000
-4.37%
03/14/2024
BridgeMLS

BridgeMLS #41052814

Listed
$549,000
-15.54%
07/18/2017
SFAR

SFAR #457921

Sold
$650,000

Schools & Community

Neighborhood: 

Produce & Waterfront

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

$125,421
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$357,579
Cash to seller
$125,421

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

September 2020

Original loan amount

$390,000

Est. remaining balance

$357,579

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Chance Finley and Helen Ganski

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: 07/01/2024 at 8:00 AM

Listing updated: 06/27/2024 at 5:33 PM

Listed by: Bach Nguyen, Jack London Square Realty Phone #: (510) 452-1927

MLS: BridgeMLS #41052814

BridgeMLS logo

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