tomo logo

$1,289,000

Beds
5
Baths
4.0
sq ft
2,280

523 61st St, Oakland, CA 94609

523 61st St

Oakland, CA 94609

  • 70 days on market
Used as a single family home, this exquisite multi-unit Craftsman residence exudes timeless elegance and architectural sophistication. Originally built in 1910, the property includes three distinct units, each with its own private entry, epitomizing refined living. The upper main home features three bedrooms and two bathrooms, while the two lower units each have one bedroom and one bathroom. The owner's unit on the main level has recently undergone a transformation, embracing the clean lines and minimalist elegance of Scandinavian design. It boasts a vaulted living room ceiling, a chic eat-in kitchen with designer accents, a primary suite, and a covered porch leading to a verdant garden. This outdoor oasis features established low-water plants, fruit trees, a redwood pergola draped in mature wisteria, and an outdoor kitchen prep area complete with a custom concrete sink. The two additional units are accessible from the garden, each offering a living room, bedroom, kitchen, and full bath. Located near the cafes and restaurants in Rockridge, this home provides an opportunity for compound living, or you can combine the units to create a single-family home.

Details

Property type

Single Family Residence

Est. home value

$1,659,803

Lot size

3,750 sq ft

Price per sq ft

$566

Year built

1910

Price History

07/11/2024
BridgeMLS

BridgeMLS #41065960

Listed
$1,289,000
-20.68%
10/14/2022
BridgeMLS

BridgeMLS #41007676

Sold
$1,625,000
+57.77%
08/15/2019
BridgeMLS

BridgeMLS #40873062

Sold
$1,030,000

Schools & Community

Neighborhood: 

Bushrod

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

First Republic Bank

Loan start date

September 2022

Original loan amount

$825,000

Est. remaining balance

Not provided

Interest rate

4.35%

Loan type

New Conventional, 30 year

Seller

Elie Schoppig and Ashley Pandya

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?

Similar Homes Nearby

BridgeMLS
$1,298,000
3 bd
|
4 ba
|
2,298 sq ft
|
House

1616 Carleton St, Berkeley, CA 94703

BridgeMLS
$1,399,000
4 bd
|
3.5 ba
|
2,026 sq ft
|
House

871 53rd St, Emeryville, CA 94608

Price drop
BridgeMLS
$1,378,000
4 bd
|
2 ba
|
1,802 sq ft
|
House

212 Monte Vista Ave, Oakland, CA 94611

Status: Active

Tomo last checked: 09/19/2024 at 3:35 PM

Listing updated: 09/10/2024 at 1:43 PM

Listed by: Claudia Mills, KW Advisors East Bay Phone #: (510) 350-6419

MLS: BridgeMLS #41065960

BridgeMLS logo

Recently listed in Oakland

$875,000|2 bd|1.0 ba|House
$1,499,000|4 bd|2.5 ba|House
$1,495,000|5 bd|2.0 ba|House
$988,000|4 bd|3.0 ba|House
$799,000|2 bd|1.5 ba|House
$595,000|3 bd|1.0 ba|House
$255,000|1 bd|1.0 ba|Condo