NOT LISTED FOR SALE

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

Lakeside Neighborhood

Estimated Value: $499,000 - $1,002,316

1 Bed
1 Bath
833 Sq Ft
$860/Sq Ft Est. Value

Last Sold March 24, 2020

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

Est. 3% decrease in value since last sale

Current estimated payment $5,407/month

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!

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
$716,079

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
-1.02%
Original Mortgage
$541,000
Outstanding Balance
$480,299
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$220,375

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:

Collateral Analytics

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ICE

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Quantarium

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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 $310,555
Previous Owner Lau Wilson $214,900
Previous Owner Lau Wilson $216,000
Previous Owner Scott Eric $98,600
Previous Owner Scott Eric $400,000
Previous Owner Scott Eric $392,000
Closed Scott Eric $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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 $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

    13 in this area

    20 Total Sales

    Janette Licata
    Section Image

  • A

    Buyer's Agent in 2020

    Alexis de Borghia

    Corcoran Icon Properties

    (510) 681-5144

    10 Total Sales

    Alexis de Borghia
    Section Image
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About The Essex on Lake Merritt

Map

California Alameda County Oakland 94612 Lakeside

1 Lakeside Dr Unit 1607, Oakland, CA

This home is located at 1 Lakeside Dr Unit 1607, Oakland, CA 94612 and is currently estimated at $716,079, approximately $859 per square foot. 1 Lakeside Dr Unit 1607 is a home located in Alameda County with nearby schools including Lincoln Elementary School, Westlake Middle School, and Oakland Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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