tomo logo

$973,000

Beds
4
Baths
4.0
sq ft
3,350

7865 Outlook Ave, Oakland, CA 94605

7865 Outlook Ave

Oakland, CA 94605

  • 49 days on market
    • Price drop $25,000↓
Unique opportunity for an investor, contractor, multi-generational family, or any buyer looking for an expansive Oakland Hills property with stunning San Francisco Bay views! With 3,300 square feet, this two-story beauty offers ample space. Upon entering, you'll be greeted by a light-filled environment with luxury flooring and high wood beam ceilings. The spacious living room opens through French doors to a balcony with incredible Bay views. The refreshed kitchen features multiple windows, a bar-height counter, and flows seamlessly into the formal dining room—perfect for entertaining. The main level includes a massive primary suite with a fireplace, balcony, walk-in closet, and an ensuite bathroom with a soaking tub and separate shower. An additional full bathroom is also on this floor for guests. The lower level includes three well-sized bedrooms, two full bathrooms, a bonus living area with a second fireplace, and French doors that lead to a large covered patio and a quarter-acre lot. There’s a laundry room, storage space, and a one-car attached garage with off-street parking. Ideal for multi-generational living or working from home, this property is close to the 580 freeway and public transportation to San Francisco. Don’t miss this expansive home with iconic views.

Details

Property type

Single Family Residence

Est. home value

$1,327,421

Lot size

0.34 acres

Price per sq ft

$291

Year built

1947

HOA

No

Price History

11/11/2024
BridgeMLS

BridgeMLS #41074697

Price change
$973,000
-2.51%
09/27/2024
BridgeMLS

BridgeMLS #41074697

Listed
$998,000
+20.24%
10/02/2020
BridgeMLS

BridgeMLS #40917886

Sold
$830,000

Schools & Community

Neighborhood: 

Eastmont Hills

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

$199,201
Asking price
$973,000
Closing costs (~8% of asking)
-$77,840
Est. remaining loan balance
-$695,959
Cash to seller
$199,201

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

September 2020

Original loan amount

$765,600

Est. remaining balance

$695,959

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Brandon L Maddox and Rachel E Maddox

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 6:00 PM

Listing updated: 11/11/2024 at 4:30 AM

Listed by: Becky Cusack, Eastside West Phone #: (510) 220-5468

MLS: BridgeMLS #41074697

BridgeMLS logo

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