NOT LISTED FOR SALE

Estimated Value: $524,000 - $775,000

1 Bed
1 Bath
835 Sq Ft
$706/ mo HOA Fee

Last Sold November 18, 2020

Last sale price $690,000 $826 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $4,676/month

35 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Wood Flooring
  • Lincoln Elementary School Rated 10
  • Contemporary Architecture
  • Stone Countertops

About This Home

As of November 2020

Luxurious lakeside living is what The Essex is all about, and this elegant unit is well appointed for effortless living. Wall to wall windows greets you as you enter and brings in the natural light and fantastic views of Downtown and Lake Merritt. The open kitchen concept has a lovely breakfast bar, granite counters, stainless steel appliances, and ample cabinet space. An adjacent built-in office area with custom bookshelves opens out onto the open dining & living room with private balcony. A spacious bedroom has custom shelving and a walk-in closet that was upgraded with an organization/storage system. There is also an in-unit laundry closet, a large bathroom, and a deeded parking space in the gated parking garage. The building’s amenities are outstanding with 24-hour concierge, fitness center, resort-style outdoor pool, community lounge, and business center. All centrally located with quick access to Downtown, Uptown, and Lake Merritt BART.

Last Agent to Sell the Property

Chimene Pollard

Red Oak Realty License #01808145 Listed on: 09/16/2020

Red Oak Realty

Last Buyer's Agent

Gail Skittone

Compass SF License #02036411

Compass SF

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

Lot Details

  • 0.99

HOA Fees

  • $706 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Tuck Under Parking

Home Design

  • Contemporary Architecture
  • Entry on the 17th floor

Interior Spaces

  • 3-Story Property
  • Laundry closet

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 87089

Community Details

Overview

  • 270 Units
  • The Essex On Lake Merritt Association, Phone Number (510) 267-0790
  • Lake Merritt Subdivision

Recreation

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

0.99 Acres

HOA Fees

$706 per month

Parking

1

Listing Details

  • Year Built: 2001
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: LAKE MERRITT
  • Directions: 17th to Lakeside
  • Architectural Style: Contemporary
  • Building Name: The Essex On Lake Merritt
  • Carport Y N: No
  • Entry Level: 17
  • Garage Yn: Yes
  • Unit Levels: Three or More Stories
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Wood
  • Appliances: Dishwasher, Refrigerator
  • Other Equipment: None
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Elevator, No Additional Rooms, Breakfast Bar, Stone Counters
  • Room Kitchen Features: Breakfast Bar, Counter - Stone, Dishwasher, Refrigerator

Exterior Features

  • Lot Features: Other
  • Pool Features: In Ground
  • Pool Private: No
  • Construction Type: Other
  • Exterior Features: No Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Below Building Parking

Utilities

  • Heating: Wall Furnace
  • Cooling: None
  • Laundry Features: Laundry Closet, In Unit
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Amenities: Fitness Center, Pool
  • Association Fee: 706
  • Association Fee Frequency: Monthly
  • Association Name: The Essex on Lake Merritt
  • Phone: 510-267-0790
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel Number: 87089
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2020
Closed on
Nov 16, 2020
Sold by
Dowdell Jennifer K
Bought by
Mastey Prabhat and Mastey Akancsha
Seller's Agent
Chimene Pollard
Red Oak Realty
Buyer's Agent
Gail Skittone
Compass SF
List Price
$699,000
Sold Price
$690,000
Premium/Discount to List
-$9,000
-1.29%
Current Estimated Value
$594,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,994
Avg. Annual Appreciation
-2.81%
Original Mortgage
$393,000
Outstanding Balance
$349,714
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$244,292

Purchase Details

Closed on
Jun 22, 2016
Sold by
Lim Ken
Bought by
Dowdell Jennifer K

Purchase Details

Closed on
Jun 9, 2005
Sold by
Lennar Emerald Merritt Partners Llc
Bought by
Lim Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,600
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
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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
Mastey Prabhat $690,000 Chicago Title Company
Dowdell Jennifer K $692,000 Old Republic Title Company
Lim Ken $507,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mastey Prabhat $393,000
Previous Owner Lim Ken $405,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $690,000 -- --
11/18/2020 11/18/20 Sold $690,000 -1.3% $826 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
09/16/2020 09/16/20 For Sale $699,000 -- $837 / 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 $11,030 $600,000 $180,000 $420,000
2024 $11,030 $600,000 $180,000 $420,000
2023 $11,602 $717,875 $215,362 $502,513
2022 $11,313 $703,800 $211,140 $492,660
2021 $10,851 $690,000 $207,000 $483,000
2020 $11,545 $749,034 $224,710 $524,324
2019 $11,143 $734,350 $220,305 $514,045
2018 $10,910 $719,956 $215,987 $503,969
2017 $10,503 $705,840 $211,752 $494,088
2016 $8,269 $550,000 $165,000 $385,000
2015 $6,973 $450,000 $135,000 $315,000
2014 $6,277 $388,000 $116,400 $271,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40920428

bridgeMLS

APN: 008-0708-009-00

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