NOT LISTED FOR SALE

The Essex on Lake Merritt 1 Lakeside Dr Unit 1402 Oakland, CA 94612

Lakeside Neighborhood

Estimated Value: $818,000 - $933,000

2 Beds
2 Baths
1,341 Sq Ft
$817/ mo HOA Fee

Last Sold November 16, 2020

Last sale price $1,002,000 $747 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $6,542/month

52 Days on Market

Highlights

  • Fitness Center
  • Gas Heated Pool
  • Gated Community
  • Lincoln Elementary School Rated 10
  • Bay View
  • Contemporary Architecture

About This Home

As of November 2020

Luxury lakeside living at the award-winning Essex. Elegant and spacious unit features 2 bedrooms and 2 bathrooms that feel like you are suspended in the clouds. Unobstructed, unsurpassed & unbelievable sweeping Lake views. Step inside & prepare to be seduced by its allure! Entire walls of floor-ceiling windows allow natural light to pour in & at the same time draw you out to the amazing views. The kitchen features granite counters, breakfast bar and an open space format kitchen. The wall of windows continues into the Master Bedroom as well as the 2nd Bedroom. This unit features long entrance hallway, large size bedrooms & bathrooms, long beautiful balconies & inside W/D & garage for 2 cars. The Essex building is Oakland's premier luxury high rise with 24-hour lobby attendant/concierge, Gym, business center, Swimming pool + Spa & Club House. Close to 3 BART stations & EASY freeway access. www.1lakeside1402.com

Last Agent to Sell the Property

Juan Arenas

Alliance Bay Realty License #01869094 Listed on: 09/04/2020

Alliance Bay Realty

Last Buyer's Agent

Kate Norton

License #01946995

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

Lot Details

  • Zero Lot Line

HOA Fees

  • $817 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Secured Garage or Parking

Property Views

  • Panoramic
  • Chain Of Lake
  • City Lights

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Carpet

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Gas Heated Pool
  • Outdoor Pool

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 87052

Community Details

Overview

  • Association fees include common area maintenance, common heating, common hot water, exterior maintenance, hazard insurance, management fee, trash, water/sewer, ground maintenance
  • Association Phone (510) 267-0790
  • Lake Merritt Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

0 Sq Ft Lot

HOA Fees

$817 per month

Parking

2

Listing Details

  • Stories: 1
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Lake Merritt
  • Directions: Corner of 17th St & Lakeside Dr
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • Efficiency: Other
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Other
  • Appliances: Dishwasher, Microwave, Refrigerator, Dryer, Washer
  • Other Equipment: Other
  • Accessibility Features: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Room Kitchen Features: Breakfast Bar, Counter - Stone, Dishwasher, Garbage Disposal, Microwave, Refrigerator, Other

Exterior Features

  • Lot Features: Premium Lot, Zero Lot Line
  • Pool Features: Gas Heat, Other, Community, Outdoor Pool
  • Pool Private: No
  • View: Bay, City Lights, Hills, Lake, Panoramic, Water, Other
  • Construction Type: Stucco, Other
  • Foundation Details: Slab, Other
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Secured, Space Per Unit - 2, Garage Door Opener

Utilities

  • Heating: Electric, Forced Air
  • Cooling: None
  • Laundry Features: Dryer, Washer, Other
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Other Solar

Condo/Co-op/Association

  • Amenities: Fitness Center, Pool, Gated, Other, BBQ Area, Exercise Course, Picnic Area
  • Association Fee: 817
  • Association Fee Frequency: Monthly
  • Association Name: CALL LISTING AGENT
  • Phone: 510-267-0790
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maint, Common Heating, Common Hot Water, Exterior Maintenance, Hazard Insurance, Management Fee, Trash, Water/Sewer, Other, Maintenance Grounds

Lot Info

  • Parcel Number: 87052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2022
Sold by
Arthur Cooper Clarence and Hollowa Frances
Bought by
Cooper Living Trust
Current Estimated Value
$869,465

Purchase Details

Listed on
Sep 4, 2020
Closed on
Nov 5, 2020
Sold by
Couch Brian E
Bought by
Cooper Clarence Arthur and Cooper Frances Holloway
Seller's Agent
Juan Arenas
Alliance Bay Realty
Buyer's Agent
Kate Norton
List Price
$1,200,000
Sold Price
$1,002,000
Premium/Discount to List
-$198,000
-16.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.64%

Purchase Details

Closed on
Jan 6, 2011
Sold by
The Bank Of New York Mellon
Bought by
Couch Brian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2010
Sold by
Payne Shirley
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Oct 26, 2004
Sold by
Lennar Emerald Merritt Partners Llc
Bought by
Payne Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,950
Interest Rate
1%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cooper Living Trust -- Klosek Law Offices
Cooper Clarence Arthur $1,002,000 Chicago Title Company
Couch Brian E $500,000 Landsafe Title
The Bank Of New York Mellon $432,000 Landsafe Title
Payne Shirley $637,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Couch Brian E $300,000
Previous Owner Payne Shirley $509,950
Closed Payne Shirley $63,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Off Market $1,002,000 -- --
02/04/2025 02/04/25 Off Market $1,002,000 -- --
11/16/2020 11/16/20 Sold $1,002,000 -8.9% $747 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
09/28/2020 09/28/20 Price Changed $1,099,900 -8.3% $820 / Sq Ft
09/04/2020 09/04/20 For Sale $1,200,000 -- $895 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,115 $1,077,584 $325,375 $759,209
2024 $15,115 $1,056,321 $318,996 $744,325
2023 $15,960 $1,042,480 $312,744 $729,736
2022 $15,599 $1,015,040 $306,612 $715,428
2021 $15,042 $995,000 $300,600 $701,400
2020 $9,302 $585,714 $175,714 $410,000
2019 $8,951 $574,234 $172,270 $401,964
2018 $8,764 $562,980 $168,894 $394,086
2017 $8,428 $551,944 $165,583 $386,361
2016 $8,149 $541,124 $162,337 $378,787
2015 $8,106 $533,000 $159,900 $373,100
2014 $8,212 $522,560 $156,768 $365,792
Source: Public Records

Agents Affiliated with this Home

  • Juan Arenas

    Seller's Agent in 2020

    Juan Arenas

    Alliance Bay Realty

    (415) 699-0424

    27 Total Sales

    Juan Arenas
    Section Image

  • K

    Buyer's Agent in 2020

    Kate Norton

    (510) 254-3831

    34 Total Sales

    Kate Norton
    Section Image
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About The Essex on Lake Merritt

Map

Source: Bay East Association of REALTORS®

MLS Number: 40919662

Bay East Association of REALTORS®

APN: 008-0705-002-00

California Alameda County Oakland 94612 Lakeside

1 Lakeside Dr Unit 1402, Oakland, CA

Not Listed for Sale

Condos

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