tomo logo

$1,195,000

Beds
3
Baths
2.0
sq ft
1,659

538 Pacific Ave, Alameda, CA 94501

538 Pacific Ave

Alameda, CA 94501

  • 2 days on market
    • Open house Feb 02
Built in 1906, this lovely cottage-style shingled home has an exterior with timeless curb appeal and an interior filled with late Victorian details and charm. The 2-story main home has 3 bedrooms, 2 bathrooms, formal living and dining rooms, a spacious kitchen, and a mud room/laundry room, while the original detached garage consists of 3 separate finished spaces with baseboard heating + electricity (648 SF). Presently used for an office, studio and workshop, these large detached spaces offer attractive ADU conversion/renovation potential. The primary home has many original/vintage features, including hardwood floors, a gorgeous fireplace surround, high coved ceilings + bay windows. The spacious, eat-in kitchen has quartz counters, attractive light fixtures + high-end stainless steel appliances. Owned solar + newer roof + EV charger! The impressive, oversized backyard has mature landscaping, patios, raised planters + cherry, apple, Meyer lemon, lime and pomegranate trees. This desirable West End location is just 2 blocks to downtown Webster St amenities and the Farmers Market, and provides easy access to Washington Park, Crown Beach, the Seaplane Lagoon Ferry to SF, and the many breweries and attractions at Alameda Point!

Details

Property type

Single Family Residence

Est. home value

$1,397,281

Lot size

5,550 sq ft

Price per sq ft

$721

Year built

1906

HOA

No

Price History

01/30/2025
BridgeMLS

BridgeMLS #41084220

Listed
$1,195,000
-14.97%
07/20/2021
BridgeMLS

BridgeMLS #40954319

Sold
$1,405,380

Schools & Community

Neighborhood: 

West End

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

$339,920
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$759,480
Cash to seller
$339,920

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

Seller’s Loan History

Lender

Lendus Llc

Loan start date

July 2021

Original loan amount

$822,375

Est. remaining balance

$759,480

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Octavian Drulea and Holly Ann Furgason

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?

Status: Active

Tomo last checked: 02/02/2025 at 1:45 AM

Listing updated: 01/30/2025 at 6:45 PM

Listed by: Kate McCaffrey, Compass Phone #: (510) 522-5223

MLS: BridgeMLS #41084220

BridgeMLS logo

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