tomo logo

$1,998,000

Beds
4
Baths
3.0
sq ft
3,565

6054 Fairlane Dr, Oakland, CA 94611

6054 Fairlane Dr

Oakland, CA 94611

  • 8 days on market
    • Open house Sep 22
Nestled into the Oakland hills just minutes from the renowned shopping and restaurants in Montclair Village and Elmwood, this expansive, sun-filled home offers spectacular San Francisco, SF Bay and Oakland hills + canyon views, a pleasing contemporary design and square footage in abundance! Built in 1995 and thoughtfully updated, this stunning home offers 5 bedrooms, 3 bathrooms, a grand entrance hall, formal living and dining rooms, an eat-in kitchen with adjoining family/media room, laundry room and an attached 2-car garage. Notable features include white oak floors, 15-foot cathedral ceilings, dramatic clerestory windows, a main level bedroom w/an ensuite bathroom, and multiple redwood decks with fabulous western views on both levels. The luxurious primary bedroom suite includes a spa-like ensuite bathroom, 2 huge walk-in closets, and sliding doors to a private redwood deck shielded by a lush green screen. Three additional bedrooms on this level are all generously sized and have access to yet another sunny redwood deck complete with views. Close to highly-ranked Thornhill Elementary School, highways 13/24, Rockridge BART and everything College Ave and Montclair have to offer, this home provides an exceptional Oakland home ownership opportunity!

Details

Property type

Single Family Residence

Est. home value

$2,484,948

Lot size

9,350 sq ft

Price per sq ft

$561

Year built

1995

Price History

09/11/2024
BridgeMLS

BridgeMLS #41072769

Listed
$1,998,000
-16.58%
07/13/2021
SFAR

SFAR #421561993

Sold
$2,395,000
+69.26%
11/04/2014
BridgeMLS

BridgeMLS #40674251

Sold
$1,415,000

Schools & Community

Neighborhood: 

Glen Highlands

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

$1,191,086
Asking price
$1,998,000
Closing costs (~8% of asking)
-$159,840
Est. remaining loan balance
-$647,074
Cash to seller
$1,191,086

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

June 2021

Original loan amount

$695,000

Est. remaining balance

$647,074

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Gareth J Macartney and Clarissa Hwang

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: 09/19/2024 at 3:30 PM

Listing updated: 09/18/2024 at 1:32 AM

Listed by: Kenneth Er, Compass Phone #: (510) 853-8008

MLS: BridgeMLS #41072769

BridgeMLS logo

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