tomo logo

$998,000

Beds
3
Baths
2.5
sq ft
2,146

5205 Cole St, Oakland, CA 94601

5205 Cole St

Oakland, CA 94601

  • 10 days on market
This exquisite Maxwell Park home seamlessly blends the charm of a restored Craftsman with modern updates. The property features a updated gourmet kitchen, complete with stainless steel appliances, 5-burner gas stove, double-sided farm sink, stone counters and subway tile backsplash. French doors from the large kitchen open to a deck with bay views and the expansive landscaped yard includes a covered patio, a vegetable garden & fruit trees. Hardwood floors extend throughout the house enhancing its classic appeal. The spacious dining room showcases restored molding and box-beamed ceilings adding to the home's character. A private, sound resistant office space with large windows is hidden behind bookshelf off of the dining room. The home includes a large laundry room with LG washer & dryer. Bedrooms are generously sized with views of the bay & hills. The master suite features a spacious walk-in closet & an updated bath. Dual-pane windows ensure energy efficiency, 3 off-street parking tandem spaces and a large basement for additional storage. The backyard is ideal for entertaining and provides a great play area for children. An additional structure in the yard can be used as an office or storage area. The solar power system has been fully paid off and there is an electric charger.

Details

Property type

Single Family Residence

Est. home value

$1,233,463

Lot size

5,200 sq ft

Price per sq ft

$466

Year built

1913

Price History

09/17/2024
BridgeMLS

BridgeMLS #41073379

Listed
$998,000
+1.84%
10/16/2019
BridgeMLS

BridgeMLS #40881906

Sold
$980,000
+50.77%
10/17/2014
BridgeMLS

BridgeMLS #40669378

Sold
$650,000

Schools & Community

Neighborhood: 

Fairfax

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

$275,429
Asking price
$998,000
Closing costs (~8% of asking)
-$79,840
Est. remaining loan balance
-$642,731
Cash to seller
$275,429

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

February 2021

Original loan amount

$700,000

Est. remaining balance

$642,731

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Anita Anderson and Brandie Baker

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 5:25 PM

Listing updated: 09/24/2024 at 1:31 AM

Listed by: Romeena Ghaziani, ROMEENA GHAZIANI, BROKER Phone #: (510) 812-4966

MLS: BridgeMLS #41073379

BridgeMLS logo

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