tomo logo

$567,000

Beds
2
Baths
1.0
sq ft
782

465 Burlwood Ave, Oakland, CA 94603

465 Burlwood Ave

Oakland, CA 94603

  • 48 days on market
    • Price drop $22,000↓
Discover the corner lot property with limitless potential: build a ADU, Create a playground, grow your garden oasis or swim in your own pool! Property has 2 beds, 1bath, has updated kitchen cabinets, new refrigerator and microwave, new water heater and new flooring in rooms. The open plan living and dining room creates a bright and airy atmosphere, while expansive front/ back yards and front patio offer endless possibilities without going faraway from Bay Area. Enjoy the convenience of off street parking and explore the surrounding area with ease, thanks to nearby transportation options like AC transit Bus Lines, Major Highway 880 Freeway, DMV office, Oakland international Airport. This vibrant community is nestled near local schools, Parks, Recreation centers, Libraries, Senior Centers, the Oakland Municipal Golf course, making it the perfect place to call home.

Details

Property type

Single Family Residence

Est. home value

$527,620

Lot size

4,056 sq ft

Price per sq ft

$726

Year built

1942

Price History

08/17/2024
BridgeMLS

BridgeMLS #41067404

Price change
$567,000
-3.74%
08/10/2024
BridgeMLS

BridgeMLS #41067404

Listed
$589,000
+9.07%
06/29/2023
BridgeMLS

BridgeMLS #41028715

Sold
$540,000

Schools & Community

Neighborhood: 

Brookfield Village

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

$53,523
Asking price
$567,000
Closing costs (~8% of asking)
-$45,360
Est. remaining loan balance
-$468,117
Cash to seller
$53,523

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

June 2023

Original loan amount

$475,000

Est. remaining balance

$468,117

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Ashish Shrestha and Bindra Limbu

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: 09/27/2024 at 7:20 PM

Listing updated: 08/31/2024 at 9:01 PM

Listed by: Bindra Limbu, Mantra Real Estate Phone #: (510) 708-0500

MLS: BridgeMLS #41067404

BridgeMLS logo

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