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$320,000

Beds
1
Baths
1.0
sq ft
687

763 Franklin St Unit 215, Oakland, CA 94607

763 Franklin St Unit 215

Oakland, CA 94607

  • 58 days on market
    • Price drop $48,000↓
Huge Price Reduction!! Spacious 1 bedroom, 1 bath in the heart of Oakland Chinatown that’s been recently refreshed with new interior paint, newer stainless steel appliances and new bathroom light fixture. Unit features in unit laundry and plenty of closet storage. Open kitchen with breakfast bar, granite counter. Unit is on courtyard level where you can enjoy the open air and front door is literally steps away from the elevator. Super convenient location. Food and Markets are just down the street. Walking distance to 12th Street and Lake Merritt BART stations, Jack London Square, ferry terminal, Downtown Oakland and much more.

Details

Property type

Condominium

Est. home value

$406,908

Lot size

0.49 acres

Price per sq ft

$466

Year built

1989

Monthly HOA fee

$476

Price History

08/28/2024
BridgeMLS

BridgeMLS #41068312

Price change
$320,000
-13.04%
07/31/2024
BridgeMLS

BridgeMLS #41068312

Listed
$368,000
-9.8%
05/26/2021
BridgeMLS

BridgeMLS #40946325

Sold
$408,000

Schools & Community

Neighborhood: 

Chinatown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

42

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

-$8,938
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$303,338
Cash to seller
-$8,938

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

Seller’s Loan History

Lender

Googain Inc

Loan start date

May 2021

Original loan amount

$326,400

Est. remaining balance

$303,338

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Chi Keung Puk and Fion Hong

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: 09/27/2024 at 7:20 PM

Listing updated: 09/04/2024 at 1:31 AM

Listed by: Sendy Giang, F A S Realty Inc. Phone #: (510) 387-8888

MLS: BridgeMLS #41068312

BridgeMLS logo

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