NOT LISTED FOR SALE

The Essex on Lake Merritt 1 Lakeside Dr Unit 406 Oakland, CA 94612

Lakeside Neighborhood

Estimated Value: $391,000 - $735,000

1 Bed
1 Bath
835 Sq Ft
0.99 Acre Lot

Sale Details

Date Sold: May 31, 2018

Last sale price $675,000 $808 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $4,358 / mo

18 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Rooftop Deck
  • Lincoln Elementary School Rated 9+
  • In Ground Pool
  • Clubhouse

About This Home

As of May 2018

Stunning one-bedroom condo with panoramic views. This lakefront property is centrally located within walking distance to Downtown, Uptown, and Lake Merritt BART. Step outside to dine at a variety of Bay Area destination-restaurants including the iconic Lake Chalet or settle in for happy hour at a local brewery or wine bar. Outdoor enthusiasts will thrive in this prime locale with the opportunity to enjoy the sun, join the Lake Merritt joggers or take a stroll around the recently remodeled promenade. Brand new washer, dryer and kitchen faucet recently installed.

Last Agent to Sell the Property

Adela Picar

eXp Realty of Northern CA Inc. License #DRE #01774637 Listed on: 04/27/2018

eXp Realty of Northern CA Inc.

Co-Listed By

Stella Guinto Jimenez, CCIM

Corcoran Icon Properties License #DRE #01834429

Last Buyer's Agent

Jatin Mehta

Kite Hill Real Estate License #02045713

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

Lot Details

  • 0.99

HOA Fees

  • $652 Monthly HOA Fees

Property Views

  • City Lights

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Slab Foundation
  • Frame Construction
  • Metal Siding
  • Stucco

Interior Spaces

  • 835 Sq Ft Home
  • Combination Dining and Living Room
  • Linoleum Flooring
  • Intercom
  • Laundry closet

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Car Attached Garage
  • Enclosed Parking
  • Side by Side Parking
  • Garage Door Opener
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Wheelchair Access

Additional Features

  • In Ground Pool
  • Lake Front
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 008-0696-002

Community Details

Overview

  • Association fees include management, door person, maintenance exterior, trash, ground maintenance, homeowners insurance, security, water
  • 270 Units
  • The Essex On Lake Merritt Association, Phone Number (510) 267-0790
  • High-Rise Community
  • Greenbelt

Amenities

  • Rooftop Deck
  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Spa

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

0.99 Acres

HOA Fees

$652 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Hi-Rise (9+), Luxury
  • Architectural Style: Contemporary
  • Accessibility Features: Accessible Elevator Installed, Wheelchair Access
  • Other Equipment: Intercom
  • Year Built: 2001
  • Special Features: None
  • Stories: 0

Interior Features

  • Bathrooms: 1
  • Full Bathrooms: 1
  • Dining Room Features: Dining/Living Combo
  • Appliances: Dishwasher, Disposal, Microwave, CKTP, ELER, REFA
  • Bathroom Features: Fiberglass, Tub w/Shower Over
  • Entry Level: 4
  • Flooring: Linoleum, Simulated Wood
  • Laundry Features: Laundry Closet, WDIN
  • Main Level: Bedroom(s), Full Bath(s)
  • Price Per Square Foot: 808.38
  • Spa Features: SPAA
  • Square Footage: 835.00

Exterior Features

  • Construction Materials: Frame, Glass, Metal, Stucco
  • Driveway Sidewalks: Shared Driveway
  • Foundation: Slab
  • Frontage Type: Lakefront
  • Pool Features: Built-In, Common Facility
  • View: City Lights, PRTL, Water

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Attached, Enclosed, Garage Door Opener, Interior Access, Side-by-Side, GARG
  • Parking Fees: No
  • Parking Type: On Site - Assigned (Condo Only)
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Central, Electric

Association/Amenities

  • Association Features: Barbeque, Clubhouse, Greenbelt, Gym, Roof Deck, Spa/Hot Tub
  • Association Name: The Essex on Lake Merritt

Condo/Co-op/Association

  • Association Fee: 652
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Management, Door Person, Maintenance Exterior, Trash, Maintenance Grounds, Homeowners Insurance, Security, Water
  • Phone: (510) 267-0790

Lot Info

  • Assessor Parcel Number: 008-0696-002
  • Lot Features: Corner

Rental Info

  • Pets Allowed: Number Limit

Multi Family

  • Number Of Units: 270

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2018
Closed on
May 16, 2018
Sold by
Bought by
Seller's Agent
Adela Picar
eXp Realty of Northern CA Inc.
Buyer's Agent
Jatin Mehta
Kite Hill Real Estate
List Price
$675,000
Sold Price
$675,000
Current Estimated Value
$507,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$167,634
Avg. Annual Appreciation
-3.43%
Original Mortgage
$540,000
Interest Rate
0.044%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Bought by

Purchase Details

Closed on
Aug 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
0.0537%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$675,000 Chicago Title Company
-- None Available
$437,000 North American Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $518,000
Closed $540,000
Previous Owner $80,000
Previous Owner $348,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $675,000 0.0% $808 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $675,000 -- $808 / Sq Ft
Source: San Francisco Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,288 $610,000 $183,000 $427,000
2024 $11,288 $610,000 $183,000 $427,000
2023 $11,877 $738,200 $221,460 $516,740
2022 $11,584 $723,727 $217,118 $506,609
2021 $11,116 $709,538 $212,861 $496,677
2020 $10,995 $702,270 $210,681 $491,589
2019 $10,608 $688,500 $206,550 $481,950
2018 $8,239 $524,827 $157,448 $367,379
2017 $7,920 $514,540 $154,362 $360,178
2016 $7,650 $504,454 $151,336 $353,118
2015 $6,696 $430,000 $129,000 $301,000
2014 $5,871 $360,000 $108,000 $252,000
Source: Public Records

Agents Affiliated with this Home

  • Adela Picar

    Seller's Agent in 2018

    Adela Picar

    eXp Realty of Northern CA Inc.

    (415) 368-3643

    26 Total Sales

    Adela Picar
    Section Image
  • Jatin Mehta

    Buyer's Agent in 2018

    Jatin Mehta

    Kite Hill Real Estate

    (510) 338-4737

    64 Total Sales

    Jatin Mehta
    Section Image
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About The Essex on Lake Merritt

Map

Source: San Francisco Association of REALTORS®

MLS Number: 469996

San Francisco Association of REALTORS®

APN: 008-0696-002-00

California Alameda County Oakland 94612 Lakeside

1 Lakeside Dr Unit 406, Oakland, CA

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.

San Francisco Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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