tomo logo

$579,999

Beds
3
Baths
2.5
sq ft
1,198

5822 E 16th St, Oakland, CA 94621

5822 E 16th St

Oakland, CA 94621

  • 55 days on market
Welcome to this charming Contemporary 2-story, 3 bedroom, 2.5 bath home in the sought-after Seminary community of Oakland, California. This beautiful property features a convenient first-floor bathroom, perfect for guests or multi-generational living. The enclosed front yard offers privacy and a peaceful retreat from the bustling city, while being offset from the street for added tranquility. The spacious living area is ideal for entertaining with plenty of natural light. The kitchen is a chef's dream, with modern appliances and ample storage space. Upstairs, you'll find three cozy bedrooms, including a master suite with a private bath. Enjoy the lovely outdoor space in both the front and back yards, perfect for gardening or enjoying your morning coffee. Located in the Seminary area, this home is just minutes from Bart, 580/880 freeways, shops, restaurants, and parks, making it the perfect place to call home. Don't miss out on this opportunity to own a piece of one of Oakland's most vibrant communities!

Details

Property type

Single Family Residence

Est. home value

$654,874

Lot size

2,700 sq ft

Price per sq ft

$485

Year built

1991

HOA

No

Price History

10/28/2024
BridgeMLS

BridgeMLS #ML81985038

Listed
$579,999
+8.92%
12/07/2019
BridgeMLS

BridgeMLS #40884827

Sold
$532,500
+110.47%
07/10/2014
BridgeMLS

BridgeMLS #40658608

Sold
$253,000

Schools & Community

Neighborhood: 

Seminary

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Oakland (510) 879-8111

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

$59,159
Asking price
$579,999
Closing costs (~8% of asking)
-$46,400
Est. remaining loan balance
-$474,440
Cash to seller
$59,159

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

Seller’s Loan History

Lender

Home Mortgage Alliance Corp

Loan start date

December 2020

Original loan amount

$521,405

Est. remaining balance

$474,440

Interest rate

2.8%

Loan type

FHA, 30 year

Seller

Cassandra Cummings Lewis

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: 12/22/2024 at 10:55 PM

Listing updated: 12/10/2024 at 2:15 AM

Listed by: Darryl Ahmad, Intero Real Estate Services Phone #: (510) 823-9155

MLS: BridgeMLS #ML81985038

BridgeMLS logo

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