tomo logo

$539,000

Beds
1
Baths
1.0
sq ft
909

311 Oak St Unit 805, Oakland, CA 94607

311 Oak St Unit 805

Oakland, CA 94607

  • 16 days on market
Experience the vibrant lifestyle of Oakland’s Jack London Square neighborhood! This exceptional 1-bedroom luxury condo, situated on the 8th floor, offers a in-unit washer/dryer for your convenience. Designed with urban professionals in mind, it combines comfort, convenience, and luxury. The living room features floor-to-ceiling windows, bathing the space in natural light and providing partial views of the Oakland Hills to the northeast. Additionally, this unit includes a versatile flex-room—ideal for an office, extra bedroom, or storage. HOA amenities include 24/7 front desk/security, secure key fob access throughout the common areas, a multi-room fitness center, community meeting rooms, secure dedicated parking space, a heated lap pool, a media room and more. Conveniently located in the heart of Oakland, with easy access to the 880 Freeway and within walking distance of the SF Bay Ferry, AMTRAK, and Lake Merritt BART. Make this prime neighborhood your home, surrounded by the best restaurants, bars, breweries and other venues!

Details

Property type

Condominium

Est. home value

$589,653

Lot size

1.38 acres

Price per sq ft

$593

Year built

2003

Monthly HOA fee

$826

Price History

06/14/2024
BridgeMLS

BridgeMLS #41061856

Listed
$539,000
-5.27%
02/18/2021
BridgeMLS

BridgeMLS #40919517

Sold
$569,000
+6.36%
09/11/2015
BridgeMLS

BridgeMLS #40712222

Sold
$535,000

Schools & Community

Neighborhood: 

Produce & Waterfront

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$75,206
Asking price
$539,000
Closing costs (~8% of asking)
-$43,120
Est. remaining loan balance
-$420,674
Cash to seller
$75,206

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

Seller’s Loan History

Lender

Ark-La-Tex Financial Services Llc

Loan start date

February 2021

Original loan amount

$455,200

Est. remaining balance

$420,674

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Alexander J Hughes

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: 06/28/2024 at 11:03 PM

Listed by: Anders Lee, United Brokers Real Estate Phone #: (510) 972-8080

MLS: BridgeMLS #41061856

BridgeMLS logo

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