tomo logo

$777,500

Beds
5
Baths
4.0
sq ft
2,000

6625 Hillmont Dr, Oakland, CA 94605

6625 Hillmont Dr

Oakland, CA 94605

  • 15 days on market
Quirky, unique House, 2 Units, 2000 sq ft >>>> OFFERS DEADLINE: November 15, 2024 6pm PT !!! This is the most unique house that you can buy infused with art, stained glass windows and unique artefacts spread on two levels. Relax in beautiful fairgrounds with pine trees, lemon tree, walnut trees, flowers and plants. Wake up listening the birds singing. Enjoy the unobstructed view of the mountains from the large deck. Bewilder the galaxies from the large stargazing deck at night. Relax in the jumbo hammock under the pine trees. Or treat yourself with a nice barbecue out on the patio This home features 2 independent units (primary and an ADU) with a total of approx. 2000 sq ft. Building permit has been approved and ready to execute for a 3 bd / 3 bath primary residence + 2 bd / 1 bath ADU with independent entrance on the 2nd floor. New roof and 2 ft ceiling height extension recently done on 2nd Fl unit - $50,000 more in value! San Francisco downtown is only 4 stops away from the closest subway station so great for those who need to commute into the city. Close attractions are the Oakland Zoo, the Sequoyah Golf Course and the Reinhardt Redwood Regional Park with tons beautiful hiking and biking trails. Resident at the property.

Details

Property type

Single Family Residence

Est. home value

$659,816

Lot size

7,400 sq ft

Price per sq ft

$389

Year built

1925

HOA

No

Price History

11/01/2024
BridgeMLS

BridgeMLS #41077879

Removed
$777,500
10/31/2024
BridgeMLS

BridgeMLS #41077879

Listed
$777,500
-2.8%
10/16/2024
BridgeMLS

BridgeMLS #41066986

Removed
$799,900

Schools & Community

Neighborhood: 

Millsmont

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

$434,561
Asking price
$777,500
Closing costs (~8% of asking)
-$62,200
Est. remaining loan balance
-$280,739
Cash to seller
$434,561

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

Seller’s Loan History

Lender

East West Bank

Loan start date

March 2021

Original loan amount

$306,000

Est. remaining balance

$280,739

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Ivan Todorov

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: 11/15/2024 at 8:55 PM

Listing updated: 11/07/2024 at 11:37 AM

Listed by: Jonathan Minerick, HOMECOIN.COM Phone #: (888) 400-2513

MLS: BridgeMLS #41077879

BridgeMLS logo

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