tomo logo

$315,000

Beds
1
Baths
1.0
sq ft
622

551 Jean St Unit 311, Oakland, CA 94610

551 Jean St Unit 311

Oakland, CA 94610

  • 10 days on market
    • Open house Feb 23
Welcome to this charming 1-bedroom, 1-bath condo in the sought-after Grand Lake neighborhood of Oakland. With 622 square feet of living space, this condo offers the perfect blend of comfort and convenience. The spacious primary bedroom features ample closet space, while the bathroom has been thoughtfully updated with modern fixtures and finishes. The well-appointed kitchen is a chef’s dream, featuring sleek countertops and modern appliances, making meal prep a breeze. Enjoy your morning coffee or evening sunset on your private balcony, a peaceful retreat in the heart of the city. The condo also includes a private storage room, offering additional space for your belongings. As a resident of this 551 Jean St, you’ll have access to a pool and sauna, perfect for relaxing and unwinding. With a secure parking space in the garage, you’ll never have to worry about finding parking. Located in the vibrant Grand Lake neighborhood, you’ll be just moments away from great local spots like Lake Merritt, cafes, and shops, all while enjoying easy access to public transit and major freeways. This condo is the perfect combination of urban living and serene retreat—schedule a tour today!

Details

Property type

Condominium

Est. home value

$442,564

Lot size

0.97 acres

Price per sq ft

$507

Year built

1971

Monthly HOA fee

$612

Price History

02/12/2025
BridgeMLS

BridgeMLS #41085506

Listed
$315,000
-27.59%
09/24/2020
BridgeMLS

BridgeMLS #40916873

Sold
$435,000
-5.43%
06/12/2018
BridgeMLS

BridgeMLS #40821469

Sold
$460,000

Schools & Community

Neighborhood: 

Grand Lake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

95

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

$59,529
Asking price
$315,000
Closing costs (~8% of asking)
-$25,200
Est. remaining loan balance
-$230,271
Cash to seller
$59,529

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

September 2020

Original loan amount

$255,000

Est. remaining balance

$230,271

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Jessica Alexander

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 8:20 AM

Listing updated: 02/18/2025 at 12:40 AM

Listed by: Georgia Rudderow, Red Oak Realty Phone #: (510) 325-0407

MLS: BridgeMLS #41085506

BridgeMLS logo

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