tomo logo

$399,000

Beds
2
Baths
1.0
sq ft
983

850 W Grand Ave Unit B, Oakland, CA 94607

850 W Grand Ave Unit B

Oakland, CA 94607

  • 110 days on market
Welcome to your urban sanctuary in West Oakland! This chic 2-bed, 1-bath (bonus room staged as second bedroom) condo offers a modern retreat in a vibrant neighborhood known for its street art, cultural scene, and culinary delights. Perfect for first-time buyers, this loft-style condo is beautifully updated with fresh paint and stylish vinyl flooring throughout. Features updated kitchen and bathroom and in unit washer and dryer. Beautiful open concept floor plan. Large windows flood the space with natural light, creating an inviting atmosphere to relax and entertain. Located just moments from the Bay Bridge, commuting is a breeze, making it easy to explore all that the Bay Area has to offer. But it's not just about convenience—it's about embracing the unique spirit of West Oakland. Convenient access to bars, restaurants, theaters, Lake Merritt, BART and freeways. With its low maintenance and hassle-free living, you'll have more time to enjoy the rich experiences life has to offer.

Details

Property type

Condominium

Est. home value

$475,610

Lot size

0.27 acres

Price per sq ft

$406

Year built

2003

Monthly HOA fee

$468

Price History

09/04/2024
BridgeMLS

BridgeMLS #41071829

Listed
$399,000
-7.21%
08/30/2024
BridgeMLS

BridgeMLS #41058429

Removed
$430,000
06/20/2024
BridgeMLS

BridgeMLS #41058429

Price change
$430,000
-6.52%

Schools & Community

Neighborhood: 

McClymonds

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

23

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

-$31,245
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$398,325
Cash to seller
-$31,245

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2021

Original loan amount

$431,650

Est. remaining balance

$398,325

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Cheri Juanita Morris

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: 12/23/2024 at 12:30 AM

Listing updated: 10/27/2024 at 2:50 PM

Listed by: Angel Lax, Intero Real Estate Services Phone #: (510) 909-0423

MLS: BridgeMLS #41071829

BridgeMLS logo

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