tomo logo

$470,000

Beds
1
Baths
1.0
sq ft
855

8711 Mountain Blvd Unit 28, Oakland, CA 94605

8711 Mountain Blvd Unit 28

Oakland, CA 94605

  • 83 days on market
Beautifully updated, 1 bedroom/1 bath, 855 sq/ft condo in Oakland's Oak Knoll neighborhood. Close to freeway, regional parks, golf course, zoo and more. New residential/retail development coming soon with shops & restaurants to serve the area. The condo has a custom stone fireplace, new modern durable floors in the living room and bedroom. The large bedroom has an ample walk-in closet that is sure to please. The updated natural stone and tile bathroom features a unique oversized glass shower. The kitchen has high-end stainless-steel appliances, natural stone and a professional chef's stand-alone range. The raised dining area next to the sliding glass deck door is perfect for taking in the sun/natural light. The deck offers views of the trees and the street below. There is also a pool and detached parking garage. You will love coming home to this wonderful, gated community.

Details

Property type

Condominium

Est. home value

$461,149

Lot size

4.36 acres

Price per sq ft

$550

Year built

1982

Monthly HOA fee

$625

Price History

04/08/2024
BridgeMLS

BridgeMLS #41055304

Listed
$470,000
+11.9%
07/17/2020
BridgeMLS

BridgeMLS #40907824

Sold
$420,000

Schools & Community

Neighborhood: 

Sequoyah

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

60

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

$58,568
Asking price
$470,000
Closing costs (~8% of asking)
-$37,600
Est. remaining loan balance
-$373,832
Cash to seller
$58,568

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

July 2020

Original loan amount

$407,400

Est. remaining balance

$373,832

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Danielle Simien

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: 07/01/2024 at 8:15 AM

Listing updated: 04/15/2024 at 1:30 AM

Listed by: Robert Scott, Toro Property Company Phone #: (510) 910-5179

MLS: BridgeMLS #41055304

BridgeMLS logo

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