tomo logo

$549,888

Beds
3
Baths
1.0
sq ft
1,122

407 Gramercy Pl, Oakland, CA 94603

407 Gramercy Pl

Oakland, CA 94603

  • 1 day on market
    • Open house Jan 10
Welcome to 407 Gramercy Place, where modern upgrades meet unbeatable convenience. This beautifully refreshed property offers a turnkey experience with thoughtful updates throughout. The interior has been painted and plush new carpeting and stylish plank flooring were installed throughout the home. The bathroom has been updated with a new vanity, light fixtures and LVP flooring. In the kitchen, a brand new microwave exhaust has ben installed to complement the functional kitchen. Upgraded light fixtures have been installed throughout the home for a contemporary touch, and a brand new comp shingle roof was installed a few months ago. Outside, there's a repainted shed for additional storage or creative use, and new front door screens blend functionality with curb appeal. Centrally located within minutes to major freeways (880/580), BART, Oakland international Airport ensures easy commutes and travel. Minutes from excellent private and public schools for elementary and secondary levels. This home is perfect for anyone looking to settle into a vibrant and accessible neighborhood. Don’t miss the opportunity to make 407 Gramercy Place your new home! Come join us during the Open house this Friday 1/10 from 11am-1pm, then Saturday 1/11 and Sunday 1/12 from 1-4pm.

Details

Property type

Single Family Residence

Est. home value

$546,292

Lot size

4,080 sq ft

Price per sq ft

$491

Year built

1949

HOA

No

Price History

01/07/2025
BridgeMLS

BridgeMLS #41081642

Listed
$549,888
+0.07%
10/28/2024
BridgeMLS

BridgeMLS #ML81972489

Removed
$549,500
08/17/2024
BridgeMLS

BridgeMLS #ML81972489

Price change
$549,500
-8.26%

Schools & Community

Neighborhood: 

Sobrante 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

$389,832
Asking price
$549,888
Closing costs (~8% of asking)
-$43,991
Est. remaining loan balance
-$116,065
Cash to seller
$389,832

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

November 2013

Original loan amount

$150,482

Est. remaining balance

$116,065

Interest rate

4.5%

Loan type

New Conventional, 30 year

Seller

Sandra Mcgowan and Ronald Mcgowan

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: 01/08/2025 at 12:25 PM

Listing updated: 01/06/2025 at 6:05 PM

Listed by: Michael Garcia, eXp Realty of California Phone #: (510) 303-1757

MLS: BridgeMLS #41081642

BridgeMLS logo

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