NOT LISTED FOR SALE

The Essex on Lake Merritt 1 Lakeside Dr Unit 1607 Oakland, CA 94612

Lakeside Neighborhood

Estimated Value: $471,000 - $855,000

1 Bed
1 Bath
833 Sq Ft
$676/mo HOA Fee

Last Sold March 24, 2020

Last sale price $741,000 $890 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $4,724/month

14 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 March 2020

Start building memories in this sunny condo at Lake Merritt! This one bedroom, one bath condo was thoughtfully updated by the owner with custom paint and the best closet system at the Essex. Unit faces west with sunlight all day long. 16th floor unobstructed views of downtown, Lake Merritt and beyond. The Essex on Lake Merritt is a friendly community that features a pool, spa, clubhouse with ping pong, gym, conference room, study room and has direct access to the lively activity at Lake Merritt. Enjoy over 200 local restaurants, multiple farmers markets, world class concerts just down the street at the Fox and Paramount Theaters. Come see this pretty condo for yourself, you will be proud to call the Essex your new home!

Last Agent to Sell the Property

Janette Licata

Corcoran Icon Properties License #01379109 Listed on: 02/13/2020

Corcoran Icon Properties

Last Buyer's Agent

Alexis de Borghia

Corcoran Icon Properties License #02041177

Corcoran Icon Properties

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

HOA Fees

  • $676 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Golf Cart Garage

Property Views

  • Panoramic
  • Chain Of Lake
  • City Lights

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1-Story Property
  • Carpet

Kitchen

  • Self-Cleaning Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Gas Heated Pool

Utilities

  • No Cooling
  • Wall Furnace
  • 220 Volts in Kitchen

Listing and Financial Details

  • Assessor Parcel Number 87077

Community Details

Overview

  • Association fees include common area maintenance, common hot water, exterior maintenance, hazard insurance, management fee, reserves, security/gate fee, trash, water/sewer
  • Association Phone (510) 267-0791
  • Built by Swinerton
  • Lake Merritt Subdivision, One Bedroom Floorplan
  • Greenbelt

Recreation

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

0

HOA Fees

$676 per month

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Lake Merritt
  • Directions: Madison to 17th
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: One Story, One
  • New Construction: No
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Appliances: Electric Range, Plumbed For Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Dryer, Washer
  • Other Equipment: DSL/Modem Line
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Window Features: Window Coverings
  • Room Kitchen Features: 220 Volt Outlet, Counter - Solid Surface, Counter - Stone, Electric Range/Cooktop, Garbage Disposal, Ice Maker Hookup, Microwave, Refrigerator, Self-Cleaning Oven

Exterior Features

  • Pool Features: Gas Heat, Community
  • Pool Private: No
  • View: Bay, City Lights, Hills, Lake, Panoramic, Water
  • Builder Name: Swinerton
  • Construction Type: Stucco
  • Foundation Details: Slab
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Space Per Unit - 1, Below Building Parking, Golf Cart Garage, Garage Door Opener

Utilities

  • Heating: Electric, Wall Furnace
  • Cooling: None
  • Laundry Features: Dryer, Washer, In Unit
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Solar Unknown, 220 Volts in Kitchen

Condo/Co-op/Association

  • Amenities: Greenbelt, Fitness Center, Pool, Gated
  • Association Fee: 676
  • Association Fee Frequency: Monthly
  • Association Name: CALL LISTING AGENT
  • Phone: 510-267-0791
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maint, Common Hot Water, Exterior Maintenance, Hazard Insurance, Management Fee, Reserves, Security/Gate Fee, Trash, Water/Sewer

Lot Info

  • Parcel Number: 87077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Sloan Jeffrey and Martinez Anita I
Bought by
Sloan Jeffrey and Martinez Anita I
Current Estimated Value
$601,049

Purchase Details

Listed on
Feb 13, 2020
Closed on
Mar 11, 2020
Sold by
Lau Wilson
Bought by
Sloan Jeffrey and Martinez Anita I
Seller's Agent
Janette Licata
Corcoran Icon Properties
Buyer's Agent
Alexis de Borghia
Corcoran Icon Properties
List Price
$719,000
Sold Price
$741,000
Premium/Discount to List
$22,000
3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.52%
Original Mortgage
$541,000
Outstanding Balance
$478,219
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$122,830

Purchase Details

Closed on
Mar 8, 2011
Sold by
Scott Eric
Bought by
Lau Wilson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2004
Sold by
Lennar Emerald Merritt Partners Llc
Bought by
Scott Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sloan Jeffrey -- None Available
Sloan Jeffrey $741,000 Chicago Title Company
Lau Wilson $270,000 Fidelity National Title Co
Scott Eric $500,500 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sloan Jeffrey $541,000
Previous Owner Lau Wilson $216,000
Previous Owner Scott Eric $392,000
Closed Scott Eric $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Off Market $741,000 -- --
02/04/2025 02/04/25 Off Market $741,000 -- --
03/24/2020 03/24/20 Sold $741,000 +3.1% $890 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
02/13/2020 02/13/20 For Sale $719,000 -- $863 / Sq Ft
Source: bridgeMLS

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 $10,309 $610,000 $183,000 $427,000
2024 $10,309 $640,000 $192,000 $448,000
2023 $12,439 $778,916 $233,675 $545,241
2022 $12,137 $763,644 $229,093 $534,551
2021 $11,657 $748,676 $224,603 $524,073
2020 $5,697 $316,285 $94,885 $221,400
2019 $5,432 $310,086 $93,026 $217,060
2018 $5,225 $304,008 $91,202 $212,806
2017 $5,004 $298,050 $89,415 $208,635
2016 $4,787 $292,207 $87,662 $204,545
2015 $4,759 $287,820 $86,346 $201,474
2014 $4,756 $282,181 $84,654 $197,527
Source: Public Records

Agents Affiliated with this Home

  • Janette Licata

    Seller's Agent in 2020

    Janette Licata

    Corcoran Icon Properties

    (925) 998-1069

    15 in this area

    22 Total Sales

    Janette Licata
    Section Image

  • A

    Buyer's Agent in 2020

    Alexis de Borghia

    Corcoran Icon Properties

    (510) 681-5144

    11 Total Sales

    Alexis de Borghia
    Section Image
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About The Essex on Lake Merritt

Map

Source: bridgeMLS

MLS Number: 40895461

bridgeMLS

APN: 008-0707-007-00

California Alameda County Oakland 94612 Lakeside

1 Lakeside Dr Unit 1607, Oakland, CA

Not Listed for Sale

Condos

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