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$759,000

Beds
2
Baths
2.0
sq ft
1,100

5290 Broadway Ter Unit 102, Oakland, CA 94618

5290 Broadway Ter Unit 102

Oakland, CA 94618

  • 39 days on market
    • Price drop $40,000↓
    • Open house Feb 23
REDUCED PRICE! Interest rates remain stubbornly high, making this fantastic 2BD/2BA condo a no brainer! The home comes with an assumable 30-year low interest rate loan fixed at 3.125% for the right buyer! (A typical monthly mortgage payment would be slashed by over $1,000 when compared to today's rates, or the equivalent of a 25% discount on list price!) This stylish mid-century condo in Oakland's Rockridge neighborhood features a spacious living room, kitchen with granite countertops and abundant cabinetry, two master suites and a large walk-out patio for great indoor/outdoor living. Perfect for entertaining or enjoying your morning coffee! The home is completed with an in-unit washer/dryer combo and includes gated garage parking plus a large storage locker. Just two blocks from Broadway Street where one can choose from many options for restaurants, shops and boutique stores. Rockridge BART station provides easy public transportation to downtown Oakland and San Francisco as well as throughout the Bay Area. Walk Score = 87.

Details

Property type

Condominium

Est. home value

$771,587

Lot size

Unknown

Price per sq ft

$690

Year built

1966

Monthly HOA fee

$650

Price History

02/21/2025
SFAR

SFAR #425002817

Price change
$759,000
-5.01%
01/14/2025
SFAR

SFAR #425002817

Listed
$799,000
12/05/2024
SFAR

SFAR #424074513

Removed
$799,000

Schools & Community

Neighborhood: 

Upper Rockridge

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Alameda

Number of units in community: 

9

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

$52,520
Asking price
$759,000
Closing costs (~8% of asking)
-$60,720
Est. remaining loan balance
-$645,760
Cash to seller
$52,520

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

Seller’s Loan History

Lender

Citizens Bank Na

Loan start date

August 2021

Original loan amount

$698,400

Est. remaining balance

$645,760

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Andrew Nguyen and Janette Nguyen

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: 02/22/2025 at 9:00 AM

Listing updated: 02/21/2025 at 11:46 AM

Listed by: Edmond D. O'Sullivan, Elevation Real Estate

MLS: SFAR #425002817

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