tomo logo

$349,000

Beds
1
Baths
1.0
sq ft
798

77 Fairmount Ave Unit 118, Oakland, CA 94611

77 Fairmount Ave Unit 118

Oakland, CA 94611

  • 66 days on market
Welcome home to this beautifully updated unit located at 77 Fairmount Villas! This pristine extra-large corner unit features an open and bright desirable floor plan. There is an abundance of closets, cabinet storage and counter space with a spacious balcony facing the serene courtyard. With gleaming granite counters throughout, maple finished cabinets, stainless steel appliances, breakfast bar, hardwood flooring and dual pane windows, this chic unit has it all. Laundry room on each floor, clubhouse, swimming pool and one garage parking space included. Conveniently located blocks from Whole Foods Market, Lake Merritt, Grand and Lakeshore Avenues, Broadway and Downtown Oakland. Enjoy popular restaurants and coffee shops including Starbucks, shopping at Sprouts, Farmer's Market, fitness studios and much more! Easy commute for BART riders, only about 1 mile away and easy access to highway 580 and close by bus stop.

Details

Property type

Condominium

Est. home value

$471,512

Lot size

Unknown

Price per sq ft

$438

Year built

1970

Monthly HOA fee

$615

Price History

10/17/2024
BridgeMLS

BridgeMLS #41076716

Listed
$349,000
-12.53%
09/10/2024
BridgeMLS

BridgeMLS #41062618

Removed
$399,000
09/02/2024
BridgeMLS

BridgeMLS #41062618

Removed
$399,000

Schools & Community

Neighborhood: 

Oakland Ave-Harrison St

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

63

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

-$4,812
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$325,892
Cash to seller
-$4,812

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

Seller’s Loan History

Lender

Financial Dynamics Inc

Loan start date

September 2019

Original loan amount

$364,000

Est. remaining balance

$325,892

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Michelle Jiyeun Kim

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: 12/22/2024 at 10:15 PM

Listing updated: 12/06/2024 at 3:00 PM

Listed by: So Hyun Park, Winkler Real Estate Group Phone #: (510) 388-3702

MLS: BridgeMLS #41076716

BridgeMLS logo

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