tomo logo

$979,000

Beds
4
Baths
2.0
sq ft
2,497

4250 Terrace St, Oakland, CA 94611

4250 Terrace St

Oakland, CA 94611

  • 30 days on market
Smart investor’s dream! Return this 4 bed / 2 flat 2,068 SF 2-flat duplex to former glory or convert into amazing 2,497 SF Single Home. Permit-ready opportunity in Oakland's vibrant Piedmont Ave neighborhood. Unbeatable walkable location walkable to Rockridge, Temescal, & Piedmont Ave – 3 of Oakland's most desirable neighborhoods. Steps to shops, restaurants, Ridge Shopping Center & BART. Sellers have navigated 2-year permit process w/ Oakland Planning Dept! Call your contractor & bring this project to life! Approved plans for complete transformation by well known designer John Newton. Swiss Chalet Craftsman Bungalow to retain architectural charm while boasting modern functionality w/ 4-bedrooms, 3 baths in ~ 2,497 square feet w/ Jr ADU. Main home features a light-filled open floor plan w/ chef's dream kitchen & island w/ gracious entryway featuring sight lines to the private backyard & deck. Spacious living room provides seamless access to the deck, ideal for indoor-outdoor entertaining. Luxurious primary suite w/ walk-in closet, soaking tub, & sep shower. 3 more bedrooms w/ walk-in closets, upstairs laundry, flexible detached garage. Perfect for guests, in-laws, or as a rental, the Jr. ADU offers sep entrance, bedroom, kitchenette, & full bath. Run don't walk. Rare Offering.

Details

Property type

Single Family Residence

Est. home value

$1,517,928

Lot size

4,000 sq ft

Price per sq ft

$393

Year built

1912

Price History

08/17/2024
BridgeMLS

BridgeMLS #41070202

Listed
$979,000
-4.49%
11/23/2021
BridgeMLS

BridgeMLS #40970638

Sold
$1,025,000

Schools & Community

Neighborhood: 

Piedmont Avenue

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Oakland (510) 879-8111

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Arlington Investment Company

Loan start date

November 2021

Original loan amount

$1,150,000

Est. remaining balance

Not provided

Interest rate

3.01%

Loan type

Commercial

Seller

Roger D Donaldson and Susan M Fitch

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: 09/16/2024 at 12:50 PM

Listing updated: 09/13/2024 at 9:41 AM

Listed by: Andrew Pitarre, Compass Phone #: (415) 342-9950

MLS: BridgeMLS #41070202

BridgeMLS logo

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