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$575,000

Beds
1
Baths
1.0
sq ft
1,062

311 Oak St Unit 829, Oakland, CA 94607

311 Oak St Unit 829

Oakland, CA 94607

  • 53 days on market
    • Price drop $20,000↓
Stunning, expansive view loft in the heart of Jack London Square offers endless possibilities. The open, level concept features views overlooking Estuary Park and the San Francisco Bay while offering space for living, dining and entertaining. The gourmet kitchen offers stainless steel appliances, ample cabinets and a dedicated pantry. The spacious, private bedroom features custom closet organizers and a retreat from the shared living space. Other features include soaring windows, gleaming hardwood floors, in-unit laundry, a dedicated parking space and air conditioning. The Sierra's many amenities including a 24/7 front desk attendant, heated pool, sauna, fitness center, community office space, and club room. Prime neighborhood near trendy restaurants, micro breweries, and wine bars offers multiple choices. Easy access to the Ferry, BART and the 580 makes commuting a breeze. This is the perfect home for those seeking comfort, convenience and luxury. Don't miss this urban paradise.

Details

Property type

Condominium

Est. home value

$617,503

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$542

Year built

2003

Monthly HOA fee

$826

Price History

06/19/2024
SFAR

SFAR #424031454

Price change
$575,000
-3.36%
05/09/2024
SFAR

SFAR #424031454

Listed
$595,000
-1.65%
06/30/2022
BridgeMLS

BridgeMLS #40994300

Sold
$605,000

Schools & Community

Neighborhood: 

Produce & Waterfront

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$17,759
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$511,241
Cash to seller
$17,759

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2022

Original loan amount

$526,350

Est. remaining balance

$511,241

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Jenifer Mcatee

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 7:45 AM

Listing updated: 06/28/2024 at 2:42 PM

Listed by: Lauren OBrien, Compass

MLS: SFAR #424031454

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