tomo logo

$1,195,000

Beds
5
Baths
3.0
sq ft
2,735

572 62nd St, Oakland, CA 94609

572 62nd St

Oakland, CA 94609

  • 91 days on market
In the heart of the enchanting Lower Rockridge neighborhood, this lovely VACANT duplex with an additional ADU perfectly blends modern sophistication with old-world charm. Ideal for multi-generational living, this home invites you into a space where every detail is crafted with care. The upstairs unit, bathed in natural light, offers an open floor plan that connects the living spaces seamlessly. Three spacious bedrooms and two elegant bathrooms provide comfort, while a large island anchors the kitchen, making it a true gathering place. The coved ceilings add a touch of timeless elegance. The downstairs unit is equally charming, with two bedrooms and one bathroom, creating a cozy and intimate retreat. The private ADU, with its one-bedroom layout, is perfect for guests, extended family, or a creative workspace. Each unit includes its own laundry, blending practicality with comfort. Outside, the garden flourishes in abundant sunlight, ideal for cultivating vegetables and enjoying the pleasures of gardening. A long driveway leads to a two-car garage, offering both convenience and privacy. Close to transportation, restaurants, cafes, parks, and shopping, this home is a harmonious blend of past and present, where life's most beautiful moments unfold together.

Details

Property type

Single Family Residence

Est. home value

$1,319,907

Lot size

4,600 sq ft

Price per sq ft

$437

Year built

1911

Price History

10/03/2024
BridgeMLS

BridgeMLS #41069789

Listed
$1,195,000
09/09/2024
BridgeMLS

BridgeMLS #41069789

Pending
$1,195,000
08/14/2024
BridgeMLS

BridgeMLS #41069789

Listed
$1,195,000
-0.42%

Schools & Community

Neighborhood: 

Bushrod

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

$404,656
Asking price
$1,195,000
Closing costs (~8% of asking)
-$95,600
Est. remaining loan balance
-$694,744
Cash to seller
$404,656

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

Seller’s Loan History

Lender

Clearedge Lending Llc

Loan start date

January 2024

Original loan amount

$700,000

Est. remaining balance

$694,744

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Stephen Gaskin

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: 11/13/2024 at 7:20 PM

Listing updated: 10/15/2024 at 12:31 PM

Listed by: Julia Temple, Compass Phone #: (510) 759-3677

MLS: BridgeMLS #41069789

BridgeMLS logo

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