tomo logo

$598,000

Beds
2
Baths
2.0
sq ft
998

325 Lenox Ave Unit 102, Oakland, CA 94610

325 Lenox Ave Unit 102

Oakland, CA 94610

  • 129 days on market
    • Price drop $12,000↓
Bright and light with indefinable charm, this Adam’s Point home beckons warmth and comfort that feels just right. Located just a block from Lake Merritt and Grand Ave in the vibrant lakeside neighborhood, this premier location is second to none. Experience the perfect blend of space and functionality in this seamless floorplan. The cozy kitchen alcove is an inviting spot for gatherings, equipped with newer white cabinets, large single sink, and crisp Quartz counters. Step onto the private, sun-soaked balcony to savor dynamic cityscape views and tempting glimpses of the Lake. A spacious bedroom suite is updated with stylish glass closets doors, abundant closet space, and a beautifully updated bath. Marble tile entry is elegant and the light is always amzing!The building is quiet and secure, nestled safely in a friendly neighborhood. Whole Foods, Equator coffee, bars, restaurants, and transportation options are within steps from your front door. Whether you seek vibrant nightlife or crave a tranquil stroll, the ultimate Lakeside experience awaits.

Details

Property type

Condominium

Est. home value

$613,007

Lot size

Unknown

Price per sq ft

$600

Year built

1973

Monthly HOA fee

$565

Price History

05/20/2024
BridgeMLS

BridgeMLS #41050732

Price change
$598,000
-1.97%
03/28/2024
BridgeMLS

BridgeMLS #41050732

Price change
$610,000
-3.02%
02/23/2024
BridgeMLS

BridgeMLS #41050732

Listed
$629,000
-0.16%

Schools & Community

Neighborhood: 

Adams Point

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

42

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

$433,742
Asking price
$598,000
Closing costs (~8% of asking)
-$47,840
Est. remaining loan balance
-$116,418
Cash to seller
$433,742

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

Seller’s Loan History

Lender

Star One Cu

Loan start date

January 2022

Original loan amount

$135,000

Est. remaining balance

$116,418

Interest rate

2.42%

Loan type

New Conventional, 15 year

Seller

Michael J Forst and Diane M Forst

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 8:00 AM

Listing updated: 06/07/2024 at 10:13 PM

Listed by: Kim Cole, Kim Cole Real Estate Phone #: (925) 336-9746

MLS: BridgeMLS #41050732

BridgeMLS logo

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