tomo logo

$799,000

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

  • 19 days on market
Don't miss this stylish mid-century condo in Oakland's Rockridge neighborhood, complete with a great opportunity for the right buyer to assume a 30-year low interest rate loan fixed at just 3.125% (a typical monthly mortgage payment would be slashed by over $1,000 when compared to today's rates!). This unique space features a spacious living area, two master suites and a large patio ready for lounging and dining. In-unit washer/dryer combo, gated garage parking and storage locker included. Enjoy all that Rockridge has to offer with shops, restaurants, and access to BART. Don't miss this amazing opportunity!

Details

Property type

Condominium

Est. home value

$771,587

Lot size

Unknown

Price per sq ft

$727

Year built

1966

Monthly HOA fee

$650

Price History

10/18/2024
SFAR

SFAR #424074513

Listed
$799,000
+2.96%
09/03/2021
BridgeMLS

BridgeMLS #40960601

Sold
$776,000
+7.03%
10/11/2016
BridgeMLS

BridgeMLS #40755322

Sold
$725,000

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

$85,291
Asking price
$799,000
Closing costs (~8% of asking)
-$63,920
Est. remaining loan balance
-$649,789
Cash to seller
$85,291

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

$649,789

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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5340 Broadway Ter Unit 202, Oakland, CA 94618

Status: Active

Tomo last checked: 11/06/2024 at 1:30 AM

Listing updated: 10/31/2024 at 11:11 AM

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

MLS: SFAR #424074513

SFAR logo

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