tomo logo

$1,445,000

Beds
4
Baths
3.0
sq ft
2,957

5647 Cabot Dr, Oakland, CA 94611

5647 Cabot Dr

Oakland, CA 94611

  • 5 days on market
    • Open house Jan 26
Welcome to 5647 Cabot Drive! Nestled in a prime low-down location, this 1930s traditional home has been tastefully updated to offer the perfect blend of architectural elegance and contemporary convenience. Measuring 2957+/- sf, this home boasts a flexible floor plan with 4 bedrooms, 3 bathrooms. The main level invites you into a cook's dream eat-in kitchen. Formal dining and living room offer serene tree vistas for a tranquil atmosphere. Upstairs find the primary retreat among the four bedrooms, offering a private sanctuary for relaxation. The mid-level family room, complete with a wet bar, provides a versatile space. The lower level is a haven for flexibility with options for an au-pair suite, guest quarters, or in-law accommodations with well integrated interior access, as well as a separate entrance. Potential to build out the second room with sink to a full kitchen and laundry. Private outdoor spaces, including a main level deck, fruit trees and mature landscaping. The level backyard features an entertaining deck and adjacent lawn area. Interior access to two-car garage, air conditioning, and storage. Located within minutes of Montclair Village, this home offers an easy stroll to restaurants, stores, award winning elementary schools, library, and public transportation.

Details

Property type

Single Family Residence

Est. home value

$1,976,632

Lot size

5,372 sq ft

Price per sq ft

$489

Year built

1936

HOA

No

Price History

01/16/2025
BridgeMLS

BridgeMLS #41081624

Listed
$1,445,000
-27.75%
06/22/2021
BridgeMLS

BridgeMLS #40949201

Sold
$2,000,000

Schools & Community

Neighborhood: 

Montclair

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

$315,374
Asking price
$1,445,000
Closing costs (~8% of asking)
-$115,600
Est. remaining loan balance
-$1,014,026
Cash to seller
$315,374

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

June 2021

Original loan amount

$1,100,000

Est. remaining balance

$1,014,026

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Eric Sipf and Danielle Sipf

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: 01/21/2025 at 8:15 PM

Listing updated: 01/21/2025 at 4:25 PM

Listed by: Theresa D. Carlisle, Compass Phone #: (510) 219-5121

MLS: BridgeMLS #41081624

BridgeMLS logo

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