tomo logo

$1,690,000

Beds
4
Baths
3.5
sq ft
2,526

600 Prospect Ave, Oakland, CA 94610

600 Prospect Ave

Oakland, CA 94610

  • 165 days on market
    • Price drop $100,000↓
Welcome to this big nice home! Walk distance to Lake Merritt. Original architectural details captivate at every turn, featuring hardwood floors & oversized arched windows for abundant natural light. Main floor boasts large rooms & a charming fireplace, while the kitchen & baths await your personal touch. The first floor includes flexible space with outside access, a bedroom, a full bath, and a laundry room—perfect for an ADU, check with city. Above the two-car garage, a flat space offers potential for future expansion. Freshly painted inside & out, the home is complemented by a beautiful garden adorned with mature fruit trees, providing a tranquil retreat. Don't miss this rare opportunity to own a piece of architectural history in one of the city's most desirable neighborhoods. Embrace the charm, envision the updates, and make this iconic home your own.

Details

Property type

Single Family Residence

Est. home value

$1,634,658

Lot size

7,020 sq ft

Price per sq ft

$670

Year built

1924

HOA

No

Price History

11/08/2024
BridgeMLS

BridgeMLS #41065946

Price change
$1,690,000
-5.59%
07/10/2024
BridgeMLS

BridgeMLS #41065946

Listed
$1,790,000

Schools & Community

Neighborhood: 

Cleveland Heights

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2015

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

2.95%

Loan type

Credit Line (Revolving), 35 year

Seller

Jerry H Shiu and The Jerry H Shiu Revocable Trust

Lender

Jpmorgan Chase Bank Na

Loan start date

September 2012

Original loan amount

$279,145

Est. remaining balance

$199,097

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Jerry H Shiu and The Jerry H Shiu 1994 Trust

Lender

Citimortgage Inc

Loan start date

June 2002

Original loan amount

$300,000

Est. remaining balance

$138,329

Interest rate

6.88%

Loan type

Not Provided, 30 year

Seller

Jerry H Shiu

Lender

World Svgs Bank Fsb

Loan start date

August 2001

Original loan amount

$850,000

Est. remaining balance

$363,464

Interest rate

7.11%

Loan type

Not Provided, 30 year

Seller

Jerry H Shiu and Jerry H Shiu 1994 Trust

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: 12/23/2024 at 3:00 AM

Listing updated: 11/14/2024 at 12:30 AM

Listed by: Yang Cao, JOIN RE GROUP INC. Phone #: (510) 219-7516

MLS: BridgeMLS #41065946

BridgeMLS logo

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