tomo logo

$340,000

Beds
1
Baths
1.0
sq ft
622

551 Jean St Unit 410, Oakland, CA 94610

551 Jean St Unit 410

Oakland, CA 94610

  • 118 days on market
Welcome to this charming 4th-floor condo, featuring a contemporary living space with an open floor plan bathed in natural light and stylish laminate flooring throughout. The modern kitchen is equipped with stainless steel appliances, including a new Hisense refrigerator, and showcases a unique wood slab bar counter. The open living and dining area are enhanced by sliding glass doors leading to a private balcony, perfect for relaxing or entertaining guests. Down the hall is a full bath and a cozy bedroom with a versatile nook, ideal for a home office or reading corner. Additional amenities include a private storage locker and a dedicated parking space in the underground garage. Residents can enjoy the community's pool, sauna, and bike storage while convenient laundry facilities are available on each floor. Located in the serene Grand Lake neighborhood, you are minutes from vibrant dining and shopping options along Grand Avenue, including Safeway and the popular Farmers Market held on Saturdays. Enjoy your weekends exploring nearby attractions like the Morcom Rose Garden, Grand Lake Theatre, and the picturesque Lake Merritt. This prime location also offers easy access to public transportation and HWY 580, making commuting a breeze.

Details

Property type

Condominium

Est. home value

$446,181

Lot size

Unknown

Price per sq ft

$547

Year built

1971

Monthly HOA fee

$583

Price History

10/02/2024
BridgeMLS

BridgeMLS #41066979

Listed
$340,000
08/05/2024
BridgeMLS

BridgeMLS #41066979

Removed
$340,000
07/18/2024
BridgeMLS

BridgeMLS #41066979

Listed
$340,000
-21.84%

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

-$70,579
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$383,379
Cash to seller
-$70,579

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

August 2020

Original loan amount

$421,950

Est. remaining balance

$383,379

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Matthew S Siegel

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: 11/14/2024 at 7:55 AM

Listing updated: 11/12/2024 at 8:35 AM

Listed by: Priscilla Cook, Sequoia Real Estate Phone #: (510) 406-4307

MLS: BridgeMLS #41066979

BridgeMLS logo

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