NOT LISTED FOR SALE

The Essex on Lake Merritt 1 Lakeside Dr Unit 511 Oakland, CA 94612

Lakeside Neighborhood

Estimated Value: $494,000 - $534,000

1 Bed
1 Bath
917 Sq Ft
0.99 Acre Lot

Sale Details

Date Sold: May 31, 2019

Last sale price $760,000 $829 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $3,608 / mo

14 Days on Market

Highlights

  • Private Pool
  • Enclosed Parking
  • Heating Available
  • Lincoln Elementary School Rated 9+
  • Dining Area

About This Home

As of May 2019

Beauty, serenity, panoramic views & location! The Essex is an architectural gem on Lake Merritt & this beautiful condo underscores the reasons why it's a sought after place to live. Open the door to stunning views of the Lake and the Oakland Hills seen through floor-to-ceiling windows in the living area. The open floor plan allows for natural light, views, & entertaining throughout the kitchen, dining, and living areas. This 1 bed/1 bath has flex-space ideal for an office or small den. Kitchen and breakfast bar have stone countertops, kitchen fully equipped. Newly painted, new flooring in kitchen and bath, in-unit washer/dryer, and a dedicated parking space in secure garage. Building has 24/7 concierge, rooftop heated infinity pool, spa/hot tub/sauna, fitness center, conference and media rooms, club house. Close to 2 Bart stations, major frwys, farmers mkts, tons of restautants/pubs, museum, theater, & more in a vibrant & appealing part of the city. You'll love living here

Last Agent to Sell the Property

Ann Nolan

Corcoran Icon Properties License #02000232 Listed on: 04/30/2019

Corcoran Icon Properties

Last Buyer's Agent

Glennie Kramer-Baker

Compass License #01977223

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2001

Lot Details

  • 0.99

Parking

  • 1 Car Garage
  • Enclosed Parking
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 917 Sq Ft Home
  • Dining Area

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Private Pool
  • Heating Available

Community Details

  • Property has a Home Owners Association
  • Association fees include garbage, hot water, insurance - hazard, maintenance - common area, maintenance - exterior, management fee, reserves, security service
  • The Essex On Lake Merritt Association
  • 21-Story Property

Listing and Financial Details

  • Assessor Parcel Number 008-0697-007

Property Details

Home Type

Condominium

Year Built

Built in 2001

Lot Details

0.99 Acres

Parking

1

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 917
  • Year Built: 2001
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Dining Area
  • Living Sq Ft: 917
  • Stories: 21
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Assigned Spaces, Enclosed, Gate / Door Opener, Underground Parking

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 692
  • Association Fees Include: Garbage, Hot Water, Insurance - Hazard, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Security Service
  • H O A Name Text: The Essex on Lake Merritt
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 008-0697-007
  • Lot Acres: 0.9862
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 42960.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 42960.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Alameda City Unified

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 30, 2019
Closed on
May 23, 2019
Sold by
Bought by
Seller's Agent
Ann Nolan
Corcoran Icon Properties
Buyer's Agent
Glennie Kramer-Baker
Compass
List Price
$688,000
Sold Price
$760,000
Premium/Discount to List
$72,000
10.47%
Current Estimated Value
$515,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$244,667
Avg. Annual Appreciation
-5.35%
Original Mortgage
$570,000
Outstanding Balance
$491,054
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$24,279

Purchase Details

Closed on
Apr 9, 2016
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2013
Sold by
Bought by

Purchase Details

Closed on
Jan 22, 2010
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
$225,300
Interest Rate
4.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 26, 2004
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
$350,400
Interest Rate
4.75%
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

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
$760,000 First American Title Company
-- None Available
$355,000 Fidelity National Title Comp
$349,000 Old Republic Title Company
$438,000 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 $570,000
Previous Owner $225,300
Previous Owner $350,400
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
05/31/2019 05/31/19 Sold $760,000 +10.5% $829 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $688,000 -- $750 / Sq Ft
Source: MLSListings

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 $9,965 $593,000 $180,000 $420,000
2024 $9,965 $648,000 $196,500 $458,500
2023 $10,255 $627,000 $188,100 $438,900
2022 $12,522 $693,000 $210,000 $490,000
2021 $12,032 $776,224 $234,967 $548,257
2020 $11,901 $775,200 $232,560 $542,640
2019 $6,547 $391,880 $117,564 $274,316
2018 $6,413 $384,198 $115,259 $268,939
2017 $6,155 $376,664 $112,999 $263,665
2016 $5,919 $369,281 $110,784 $258,497
2015 $5,887 $363,735 $109,120 $254,615
2014 $5,923 $356,611 $106,983 $249,628
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Ann Nolan

    Corcoran Icon Properties

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About The Essex on Lake Merritt

Map

Source: MLSListings

MLS Number: ML81749401

MLSListings

APN: 008-0697-007-00

California Alameda County Oakland 94612 Lakeside

1 Lakeside Dr Unit 511, Oakland, CA

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