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$691,286Estimated home value

Beds
2
Baths
1.0
sq ft
1,094

670 Vernon St Unit 202, Oakland, CA 94610

670 Vernon St Unit 202

Oakland, CA 94610

  • Off market
Magical, mid-century modern treehouse condo invites you to stop and smell the roses! Adjacent to Morcom Rose Garden with views into redwoods, the property offers space, serenity, and flexibility. Features include two bedrooms, a large living room with fireplace, separate dining room (currently set up as an office), private outdoor space, and storage galore. Large primary bedroom with balcony access is a calming retreat. Second bedroom has a custom queen-size wall-bed and doubles as a home gym. The balcony extends the living space into the trees. A shared roof deck offers panoramic views. HOA dues include earthquake insurance, on-site resident manager, professional management company, and a reserve contribution. Unit has one-car parking in the secure garage, plus separate storage. Prime location between Piedmont Ave. and Grand Ave., near shops, restaurants, theaters, and the beloved Saturday farmers market.

Details

Property type

Condominium

Est. home value

$691,286

Lot size

0.77 acres

Price per sq ft

$548

Year built

1968

Monthly HOA fee

$1,083

Price History

08/23/2024
BridgeMLS

BridgeMLS #41067031

Removed
$599,000
07/19/2024
BridgeMLS

BridgeMLS #41067031

Listed
$599,000
-14.43%
04/09/2021
BridgeMLS

BridgeMLS #40940301

Sold
$700,000

Schools & Community

Neighborhood: 

Grand Lake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

28

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

-$44,188
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$595,268
Cash to seller
-$44,188

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

December 2021

Original loan amount

$632,000

Est. remaining balance

$595,268

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Jenni M Luke

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?

Status: Off Market

Tomo last checked: 09/07/2024 at 8:10 PM

Listing updated: 08/09/2024 at 1:19 PM

Listed by: Jamie Lawrence, COMPASS Phone #: (415) 595-3193

MLS: BridgeMLS #41067031

BridgeMLS logo

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