NOT LISTED FOR SALE

The Essex on Lake Merritt 1 Lakeside Dr Unit 1411 Oakland, CA 94612

Lakeside Neighborhood

Estimated Value: $874,000 - $1,052,438

2 Beds
2 Baths
1,349 Sq Ft
$1,004/mo HOA Fee

Last Sold March 10, 2023

Last sale price $1,150,000 $852 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $7,578/month

22 Days on Market

Highlights

  • Fitness Center
  • Pool House
  • Clubhouse
  • Lincoln Elementary School Rated 9+
  • Panoramic View
  • Contemporary Architecture

About This Home

As of March 2023

Essex the luxury condominium at, 1 Lakeside Drive #1411, Oakland is located in the heart of the Lakeside district just steps away from the scenic and beautiful Lake Merritt. The unit is one of the most coveted floor plans, it is comprised of 2 bedrooms, 2 full bathrooms, over-sized living room with a wall of windows and formal dining area. The spacious condominium is +/- 1,349 square feet and boasts panoramic downtown and lake views from every room. The condominium is conveniently located with access to every local amenity including Whole Foods, Lake Chalet Seafood Bar & Grill, museums, weekly Farmer's Market, Oakland Chinatown, Jack London Square, wonderful restaurants and shopping along Grand Avenue and Lakeshore Avenue. The property amenities includes, 24hr front desk attendant, fitness center, clubhouse, business center, conference room, pool and hot tub. Public transit, BART and highways are easily accessible

Last Agent to Sell the Property

Corinne Ng

Corterra Real Estate, Inc. License #01340973 Listed on: 01/26/2023

Last Buyer's Agent

Sudeep Goel

Greenfield Realty License #01702007

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,497

Year Built

  • Built in 2001

Lot Details

  • End Unit

HOA Fees

  • $1,004 Monthly HOA Fees

Property Views

  • Panoramic

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 1,349 Sq Ft Home
  • Double Pane Windows

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Stacked Washer and Dryer
  • 220 Volts In Laundry

Home Security

Parking

  • 2 Car Attached Garage
  • 113 Carport Spaces
  • Enclosed Parking
  • Tandem Garage

Accessible Home Design

  • Wheelchair Access
  • Accessible Approach with Ramp

Pool

  • Pool House
  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Utilities

  • Heating Available
  • 220 Volts in Kitchen

Listing and Financial Details

  • Assessor Parcel Number 008-0705-011

Community Details

Overview

  • Association fees include common areas, door person, maintenance exterior, management, trash, water
  • 270 Units
  • Essex At Lake Merritt Association, Phone Number (510) 267-0790
  • High-Rise Condominium
  • 21-Story Property

Amenities

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,497

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,004 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Hi-Rise (9+)
  • Architectural Style: Contemporary
  • Accessibility Features: Accessible Approach with Ramp, Wheelchair Access
  • Levels: One
  • Location Of Unit: End Unit
  • Stories: 21
  • Year Built: 2001
  • Special Features: None

Interior Features

  • Bedrooms: 2
  • Master Bathroom Features: Double Sinks, Granite, Tub w/Shower Over
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Number Of Rooms: 3
  • Appliances: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Free Standing Electric Range, Free Standing Refrigerator, Microwave
  • Bathroom Features: Granite, Tub w/Shower Over
  • Flooring: Carpet, Tile, Wood
  • Kitchen Features: Granite Counter
  • Laundry Features: Laundry Closet, Washer/Dryer Stacked Included
  • Price Per Square Foot: 852.48
  • Spa Features: Spa/Hot Tub Built-In
  • Square Footage: 1349.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco
  • Pool Features: Built-In, Fenced, Pool House
  • View: City Lights, Downtown, Hills, Lake, Panoramic

Garage/Parking

  • Carport Spaces: 113.00
  • Parking Access: Tandem
  • Parking Features: Attached, Enclosed, Tandem Garage, Underground Parking
  • Parking Fees: No
  • Parking Type: On Site - Assigned (Condo Only)
  • Total Parking Spaces: 2.00

Utilities

  • Cooling: None
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating: Electric
  • Security Features: Carbon Mon Detector, Fire Alarm, Secured Access, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Public
  • Water Source: Public

Association/Amenities

  • Association Features: Clubhouse, Gym, Pool, Rec Room w/Fireplace, Spa/Hot Tub
  • Association Name: Essex at Lake Merritt Association

Condo/Co-op/Association

  • Unit: 1411
  • Association Fee: 1004
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Common Areas, Door Person, Maintenance Exterior, Management, Trash, Water
  • Phone: (510) 267-0790

Schools

  • School District: Alameda

Lot Info

  • Assessor Parcel Number: 008-0705-011
  • Lot Size Acres: 0.9862
  • Lot Size Sq Ft: 42960.00
  • Lot Size Units: SqFt
  • Price Per Acre: 1166092.07

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units: 270

MLS Schools

  • School District County: Alameda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 17, 2023
Sold by
Irene Cheung Revocable Trust
Bought by
Sanghvi Niraj and Parekh Sanjana
Seller's Agent
Corinne Ng
Corterra Real Estate, Inc.
Buyer's Agent
Sudeep Goel
Greenfield Realty
List Price
$1,189,000
Sold Price
$1,150,000
Premium/Discount to List
-$39,000
-3.28%
Views
26
Current Estimated Value
$954,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$195,890
Avg. Annual Appreciation
-3.07%
Original Mortgage
$920,000
Outstanding Balance
$887,762
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$177,238

Purchase Details

Closed on
Feb 28, 2017
Sold by
Cheung Josephine
Bought by
Lam Ricky B and Cheung Josephine

Purchase Details

Closed on
Dec 11, 2009
Sold by
Cheung Irene
Bought by
Cheung Irene

Purchase Details

Closed on
May 12, 2005
Sold by
Cheung Henrietta J and Cheung Yan Yuen
Bought by
Cheung Irene and Cheung Benny
Source: Public Records

Range of Values:

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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
Sanghvi Niraj $1,150,000 Old Republic Title Company
Lam Ricky B -- None Available
Cheung Irene -- None Available
Cheung Irene -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanghvi Niraj $920,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $1,150,000 -3.3% $852 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $1,189,000 -- $881 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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 $16,497 $1,189,460 $358,938 $837,522
2024 $16,497 $1,166,000 $351,900 $821,100
2023 $16,253 $1,056,847 $316,945 $739,902
2022 $15,734 $1,024,852 $307,337 $717,515
2021 $15,176 $1,004,760 $301,312 $703,448
2020 $15,013 $994,460 $298,223 $696,237
2019 $14,533 $974,968 $292,378 $682,590
2018 $14,229 $955,859 $286,647 $669,212
2017 $13,717 $937,124 $281,029 $656,095
2016 $13,345 $918,755 $275,520 $643,235
2015 $13,281 $904,959 $271,383 $633,576
2014 $9,857 $630,000 $189,000 $441,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Corinne Ng

    Corterra Real Estate, Inc.

    (415) 788-1800

    1 in this area

    9 Total Sales

    Corinne Ng
    Section Image
  • Sudeep Goel

    Buyer's Agent in 2023

    Sudeep Goel

    Greenfield Realty

    (650) 504-4583

    1 in this area

    55 Total Sales

    Sudeep Goel
    Section Image
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About The Essex on Lake Merritt

Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 423717666

San Francisco Association of REALTORS® MLS

APN: 008-0705-011-00

California Alameda County Oakland 94612 Lakeside

1 Lakeside Dr Unit 1411, Oakland, CA

This home is located at 1 Lakeside Dr Unit 1411, Oakland, CA 94612 since 26 January 2023 and is currently estimated at $954,110, approximately $707 per square foot. This property was built in 2001. 1 Lakeside Dr Unit 1411 is a home located in Alameda County with nearby schools including Lincoln Elementary School, Westlake Middle School, and Oakland Technical High School.

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