tomo logo

$639,000

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

  • 7 days on market
Charming Adam’s Point Condo Near Lake Merritt Discover urban tranquility in this 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 partially updated kitchen boasts quartz countertops, matching white appliances, and a charming area breakfast nook perfect for casual dining. In addition to a larger dining room. The main bedroom suite features a spacious walk-in closet and a luxurious vanity/dressing area, ensuring ample storage and comfort. The main bathroom have 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, and quick drive to get on & off the freeway.

Details

Property type

Condominium

Est. home value

$727,579

Lot size

0.49 acres

Price per sq ft

$513

Year built

1983

Monthly HOA fee

$624

Price History

06/21/2024
BridgeMLS

BridgeMLS #41064126

Listed
$639,000
-6.03%
01/19/2021
BridgeMLS

BridgeMLS #40929174

Sold
$680,000

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

-$8,222
Asking price
$639,000
Closing costs (~8% of asking)
-$51,120
Est. remaining loan balance
-$596,102
Cash to seller
-$8,222

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

$596,102

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?

Status: Active

Tomo last checked: 06/29/2024 at 4:25 AM

Listing updated: 06/27/2024 at 3:43 AM

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

MLS: BridgeMLS #41064126

BridgeMLS logo

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