tomo logo

$598,000

Beds
2
Baths
2.0
sq ft
865

901 Jefferson St Unit 506, Oakland, CA 94607

901 Jefferson St Unit 506

Oakland, CA 94607

  • 167 days on market
    • Price drop $27,000↓
Discover urban living at its finest in this top-floor 2 bed, 2 bath condo, ideally situated near Old Oakland's vibrant retail and entertainment scene. This modern residence boasts a sleek kitchen with stainless steel appliances and quartz countertops, complemented by contemporary bathrooms and the convenience of an in-unit washer and dryer. Enjoy premium amenities, including a community co-working lounge, secure parking garage, and a central courtyard featuring barbecue facilities and ample seating. Located just moments from Lake Merritt, BART, the Fox Theatre, Swan's Market, downtown shops, HWY 880, and the Bay Bridge, this condo offers unparalleled access to the best of Oakland living.

Details

Property type

Condominium

Est. home value

$633,373

Lot size

Unknown

Price per sq ft

$692

Year built

2009

HOA fee

$612

Price History

10/05/2024
BridgeMLS

BridgeMLS #ML81968926

Listed
$598,000
09/24/2024
BridgeMLS

BridgeMLS #ML81968926

Removed
$598,000
09/09/2024
BridgeMLS

BridgeMLS #ML81968926

Listed
$598,000

Schools & Community

Neighborhood: 

Old City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Oakland (510) 879-8111

Number of units in community: 

75

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

-$18,810
Asking price
$598,000
Closing costs (~8% of asking)
-$47,840
Est. remaining loan balance
-$568,970
Cash to seller
-$18,810

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

Seller’s Loan History

Lender

Arcus Lending Inc

Loan start date

April 2020

Original loan amount

$621,850

Est. remaining balance

$568,970

Interest rate

3.45%

Loan type

New Conventional, 32 year

Seller

Mahesh Gujare

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?

Status: Active

Tomo last checked: 11/22/2024 at 2:40 PM

Listing updated: 10/05/2024 at 5:23 PM

Listed by: Ramez Tabri, CENTURY 21 Real Estate Alliance Phone #: (650) 773-7165

MLS: BridgeMLS #ML81968926

BridgeMLS logo

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