tomo logo

$550,000

Beds
2
Baths
2.0
sq ft
1,248

389 Belmont St Unit 109, Oakland, CA 94610

389 Belmont St Unit 109

Oakland, CA 94610

  • 10 days on market
Charming Adam’s Point Condo- Walk to Lake Merritt! Desirable 1st floor, corner unit condo located just blocks from Lake Merritt in Adam’s Point. This home offers modern upgrades and thoughtful touches for comfortable living. Step inside to find the laminate wood flooring that spans the living, dining, and bedrooms, creating a seamless and stylish aesthetic. The kitchen boasts quartz countertops, matching white appliances, and a charming breakfast nook. A larger dining room is adjacent to the kitchen. The large master suite features a spacious walk-in closet and a luxurious vanity/dressing area, ensuring ample storage and comfort. The main bathroom has been elegantly remodeled with stylish tile floors and modern fixtures. Enjoy the convenience of an in-unit washer and dryer, as well as abundant closet space. Located in the heart of Oakland, you'll benefit from proximity to beautiful Lake Merritt, where recreational opportunities are abound. Experience the vibrant urban lifestyle with easy access to shops, restaurants, entertainment, wellness spas, farmers market and quick access to ALL FREEWAYS: 580, 880, 980, 80, 24 & 13. 7 min drive to BART!

Details

Property type

Condominium

Est. home value

$727,579

Lot size

0.49 acres

Price per sq ft

$441

Year built

1983

Monthly HOA fee

$624

Price History

02/11/2025
BridgeMLS

BridgeMLS #41085471

Listed
$550,000
-11.15%
11/09/2024
BridgeMLS

BridgeMLS #41064126

Removed
$619,000
07/27/2024
BridgeMLS

BridgeMLS #41064126

Price change
$619,000
-3.13%

Schools & Community

Neighborhood: 

Adams Point

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

44

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

-$79,815
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$585,815
Cash to seller
-$79,815

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

January 2021

Original loan amount

$646,000

Est. remaining balance

$585,815

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Samuel C Schendel

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: 02/22/2025 at 8:45 AM

Listing updated: 02/18/2025 at 12:40 AM

Listed by: Angelica Martinez, Breaking Ground Real Estate Phone #: (925) 705-3135

MLS: BridgeMLS #41085471

BridgeMLS logo

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