tomo logo

$1,200,000

Beds
3
Baths
2.0
sq ft
1,808

7 East Cir, Oakland, CA 94611

7 East Cir

Oakland, CA 94611

  • 113 days on market
TRANSPARENT PRICE! Prepare to be wowed upon entry into this lovely 3/2 home in the hills above Montclair nestled into a quiet cul-de-sac. The flood of natural light accentuates the updates performed by the current seller who purchased this property in 2021 and vaulted the ceilings, removed a wall, upgraded the electrical system, and replaced the roof to create an impressive living space. The majestic deck, that has recently been redone, is the perfect platform to entertain a large group or just relax after work and enjoy the serenity that abounds in this private backyard space. A steam sauna on the deck is the perfect icing on the cake! The primary suite on the lower level has ample closet space with additional storage and an updated bathroom, while the family room on the same level has access to the deck and a wine room for optimal libation storage. The detached garage has been transformed into the perfect office space or yoga studio in addition to a carport and ample street parking. Close to Montclair schools and many forms of transportation.

Details

Property type

Single Family Residence

Est. home value

$1,494,168

Lot size

0.24 acres

Price per sq ft

$664

Year built

1934

HOA

No

Price History

10/23/2024
BridgeMLS

BridgeMLS #41065693

Price change
$1,200,000
+10.29%
08/21/2024
BridgeMLS

BridgeMLS #41065693

Price change
$1,088,000
-0.91%
07/12/2024
BridgeMLS

BridgeMLS #41065693

Listed
$1,098,000
-21.57%

Schools & Community

Neighborhood: 

Shepherd Canyon

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

$316,024
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$787,976
Cash to seller
$316,024

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

May 2021

Original loan amount

$850,000

Est. remaining balance

$787,976

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Tayler Walters

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: 11/03/2024 at 5:05 AM

Listing updated: 10/30/2024 at 1:20 AM

Listed by: Veronica McInerney, The GRUBB Company Phone #: (510) 697-7550

MLS: BridgeMLS #41065693

BridgeMLS logo

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