tomo logo

$1,098,000

Beds
2
Baths
2.0
sq ft
1,439

391 Alcatraz Ave, Oakland, CA 94618

391 Alcatraz Ave

Oakland, CA 94618

  • 40 days on market
Quintessential Brown Shingle Craftsman is a celebration of architectural preservation enhanced by a professional interior designer to highlight the home’s most enchanting features. Big welcoming front porch ushers you into a world of spacious public rooms, architectural details, and a hushed elegance that defies current trends. Decorative fireplaces in the spacious living and dining rooms are a nod to cozy, convivial evenings. Updated kitchen manages to be both timeless and modern. The two bedrooms each have an en suite full bath, and a bonus nook overlooking the rear garden serves as a home office or pantry. Just off the kitchen, the dappled, tranquil backyard provides space for grilling, dining, lounging, gardening and play. Poised at the intersection of Rockridge and Elmwood, the home is two blocks from the heart of College Avenue and all that is wonderful and convenient. Myriad cafes, restaurants, local shopping, and transportation options are at your fingertips. From ‘best burger’ Wood Tavern to curated European-style shops at Market Hall to the iconic Elmwood Theater, the world is your oyster with almost infinite possibility.

Details

Property type

Single Family Residence

Est. home value

$1,613,171

Lot size

4,000 sq ft

Price per sq ft

$764

Year built

1907

Price History

09/26/2024
BridgeMLS

BridgeMLS #41074411

Listed
$1,098,000

Schools & Community

Neighborhood: 

Fairview Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$647,997
Asking price
$1,098,000
Closing costs (~8% of asking)
-$87,840
Est. remaining loan balance
-$362,163
Cash to seller
$647,997

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

Seller’s Loan History

Lender

Private Mortgage Advisors Llc

Loan start date

April 2013

Original loan amount

$495,000

Est. remaining balance

$362,163

Interest rate

3.53%

Loan type

New Conventional, 30 year

Seller

Khorshed Dastoor and Benjoaquin Gouverneur

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: 11/04/2024 at 10:35 PM

Listing updated: 10/17/2024 at 10:55 AM

Listed by: Anne Culbertson, The Agency Phone #: (510) 551-5508

MLS: BridgeMLS #41074411

BridgeMLS logo

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