NOT LISTED FOR SALE

Estimated Value: $877,000 - $1,264,000

2 Beds
2 Baths
1,341 Sq Ft
$837/mo HOA Fee

Last Sold November 18, 2021

Last sale price $1,262,000 $941 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $7,807/month

11 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Gated Community
  • Lincoln Elementary School Rated 10
  • Panoramic View
  • Updated Kitchen

About This Home

As of November 2021

This is the One! First time on the market in 17 years! 19th floor with 10 foot ceilings, spacious balcony extends the entire length of dwelling. Updated kitchen, custom paint, cherry wood flooring, custom closets, in unit w/d, pet friendly building and many upgraded touches. Unit faces East taking in spectacular sunrises and inspiring lake views The Essex on Lake Merritt is a friendly community with a pool, spa, clubhouse with ping pong, gym, conference and study room. 24 hr lobby attendant secures your packages, gated garage deeded parking. Enjoy over 100 local restaurants, multiple farmers markets, world class concerts, just down the street at the Fox and Paramount Theaters (Covid restrictions permitting). Come see this pretty condo for yourself!

Last Agent to Sell the Property

Janette Licata

Corcoran Icon Properties License #01379109 Listed on: 10/08/2021

Corcoran Icon Properties

Last Buyer's Agent

Jill Carrigan

The GRUBB Company License #01272525

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

Lot Details

  • 0.99

HOA Fees

  • $837 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tuck Under Parking
  • Tandem Parking
  • Garage Door Opener

Property Views

  • Panoramic
  • Chain Of Lake

Home Design

  • Contemporary Architecture
  • Entry on the 19th floor
  • Slab Foundation
  • Stucco

Kitchen

  • Updated Kitchen
  • Electric Cooktop
  • Free-Standing Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • 1-Story Property
  • Stepless Entry
  • Energy-Efficient Appliances
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 87102

Community Details

Overview

  • Association fees include common area maintenance, common hot water, exterior maintenance, hazard insurance, management fee, insurance, ground maintenance, reserves, security/gate fee, trash, water/sewer
  • 270 Units
  • The Essex On Lake Merritt Association, Phone Number (510) 267-0790
  • Built by Swinerton
  • Lake Merritt Subdivision, Essex 10Ft Ceilings Spec Floorplan

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Spa
  • Trails

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

0

HOA Fees

$837 per month

Parking

2

Listing Details

  • Stories: 1
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.99
  • Subdivision Name: LAKE MERRITT
  • Directions: Madison to 17th street
  • Architectural Style: Contemporary
  • Building Name: The Essex On Lake Merritt
  • Carport Y N: No
  • Entry Level: 19
  • Garage Yn: Yes
  • Unit Levels: One Story, One
  • New Construction: No
  • Efficiency: Appliances
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Engineered Wood
  • Appliances: Dishwasher, Electric Range, Disposal, Plumbed For Ice Maker, Microwave, Free-Standing Range, Refrigerator, Dryer, Washer
  • Other Equipment: DSL/Modem Line
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Mirrored Closet Door(s)
  • Entry Location: No Steps to Entry
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Elevator, Counter - Solid Surface, Stone Counters, Updated Kitchen
  • Window Features: Weather Stripping
  • Room Kitchen Features: Counter - Solid Surface, Counter - Stone, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Ice Maker Hookup, Microwave, Range/Oven Free Standing, Refrigerator, Updated Kitchen

Exterior Features

  • Lot Features: Premium Lot
  • Pool Private: No
  • View: Hills, Lake, Panoramic, Water
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Builder Name: Swinerton
  • Construction Type: Stucco
  • Exterior Features: Other
  • Foundation Details: Slab
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Space Per Unit - 2, Tandem, Below Building Parking, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Heating: Baseboard, Electric
  • Utilities: All Electric, Cable Available, DSL Available
  • Cooling: None
  • Laundry Features: Dryer, Laundry Closet, In Unit, Electric, Washer
  • Security: Fire Alarm, Fire Sprinkler System, Carbon Monoxide Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Amenities: Clubhouse, Fitness Center, Pool, Gated, Spa/Hot Tub, Barbecue, BBQ Area, Pet Restrictions, Trail(s)
  • Association Fee: 837
  • Association Fee Frequency: Monthly
  • Association Name: The Essex on Lake Merritt
  • Phone: 510-267-0790
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Senior High School District: Oakland (510) 879-8111

Lot Info

  • Lot Size Sq Ft: 42966
  • Parcel Number: 87102
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 270

Tax Info

  • Tax Tract: 4034/1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 9, 2021
Sold by
Engel Marvin L and Engel Sara M
Bought by
Chen Kuan Juey and Chen Jiuan Huey
Seller's Agent
Janette Licata
Corcoran Icon Properties
Buyer's Agent
Jill Carrigan
The GRUBB Company
List Price
$1,099,000
Sold Price
$1,262,000
Premium/Discount to List
$163,000
14.83%
Current Estimated Value
$1,046,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$215,262
Avg. Annual Appreciation
-4.37%

Purchase Details

Closed on
Jan 30, 2007
Sold by
Engel Dan and Engel Marvin L
Bought by
Engel Marvin L and Engel Sara M

Purchase Details

Closed on
Nov 29, 2004
Sold by
Lennar Emerald Merritt Partners Llc
Bought by
Engel Dan and Engel Marvin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
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
Chen Kuan Juey $1,262,000 Old Republic Title Company
Engel Marvin L -- First American Title Co
Engel Dan $765,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Engel Dan $596,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,262,000 -- --
11/18/2021 11/18/21 Sold $1,262,000 +14.8% $941 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $1,099,000 -- $820 / 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 $18,349 $1,339,234 $401,770 $937,464
2024 $18,349 $1,312,984 $393,895 $919,089
2023 $19,415 $1,287,240 $386,172 $901,068
2022 $19,000 $1,262,000 $378,600 $883,400
2021 $14,640 $965,693 $289,665 $676,028
2020 $14,482 $955,792 $286,695 $669,097
2019 $14,014 $937,059 $281,076 $655,983
2018 $13,721 $918,692 $275,567 $643,125
2017 $13,226 $900,685 $270,165 $630,520
2016 $12,862 $883,030 $264,870 $618,160
2015 $12,800 $869,772 $260,893 $608,879
2014 $9,857 $630,000 $189,000 $441,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40970295

bridgeMLS

APN: 008-0710-002-00