Seller's Agent in 2020
Kenneth Er
Compass
(510) 828-8572
1 in this area
116 Total Sales
The Essex on Lake Merritt 1 Lakeside Dr Unit 521 Oakland, CA 94612
Lakeside NeighborhoodEstimated Value: $780,000 - $1,147,849
2
Beds
2
Baths
1,349
Sq Ft
$819/ mo
HOA Fee
Highlights
- Lake Front
- Fitness Center
- Rooftop Deck
- Lincoln Elementary School Rated 10
- In Ground Pool
- Gated Community
About This Home
As of December 2020Unparalleled views of Oakland's hills, city & Lake Merritt from this sophisticated condo in the heart of Oakland's Lakeside neighborhood.This spacious, highly desirable corner unit at the Essex features 2BR, 2BA, an open great room/kitchen, in-unit laundry, 2 designated indoor parking spaces & the many amenities that this luxury high-rise building offers its residents. The home has spacious rooms, hardwood floors, 9-ft ceilings, storage space, and mesmerizing, panoramic views through walls of windows in every room. Built in 2001, the Essex has a fitness center, lap pool + jacuzzi, business center, community lounge, clubhouse & 24-hour security. Just a 10-minute walk to BART & close to Grand/Lake, Uptown & Downtown restaurants, shopping and pubs. The lake is literally at your door w/its walking/biking path, wildlife & parks. Enjoy spectacular views that you'll never grow tired of, then explore Oakland from this exceptional home in a fabulous Oakland location.Rules:
Property Details
Home Type
- Condominium
Year Built
- Built in 2001
Lot Details
- Lake Front
- End Unit
HOA Fees
- $819 Monthly HOA Fees
Parking
- 2 Car Garage
- Tuck Under Parking
- Tandem Parking
- Assigned Parking
Property Views
- Panoramic
- Park or Greenbelt
Home Design
- Contemporary Architecture
- Entry on the 5th floor
- Stucco
Interior Spaces
- 1-Story Property
- Dining Area
- Laundry in unit
Kitchen
- Breakfast Bar
- Electric Cooktop
- Microwave
- Dishwasher
- Stone Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Home Security
Pool
- In Ground Pool
- Gas Heated Pool
- Spa
Outdoor Features
- Rooftop Deck
Utilities
- No Cooling
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 869721
Community Details
Overview
- Association fees include common area maintenance, common hot water, exterior maintenance, hazard insurance, management fee
- 270 Units
- The Essex On Lake Merritt Association, Phone Number (510) 267-0790
- Lake Merritt Subdivision
- Greenbelt
Amenities
- Clubhouse
Recreation
Security
- Gated Community
- Fire and Smoke Detector
- Fire Sprinkler System
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 4, 2020
Closed on
Dec 20, 2020
Sold by
Ou Susan H and Ou Joy T
Bought by
Evcimen Harun
Seller's Agent
Kenneth Er
Compass
Buyer's Agent
Padina Yaghmai
Engel & Völkers San Francisco
List Price
$1,198,000
Sold Price
$1,200,000
Premium/Discount to List
$2,000
0.17%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$288,288
Avg. Annual Appreciation
-5.17%
Original Mortgage
$960,000
Outstanding Balance
$856,210
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$55,502
Purchase Details
Closed on
Mar 17, 2016
Sold by
Li Peter and Li Marjorie H
Bought by
Ou Susan H and Ou Joy T
Purchase Details
Closed on
Jan 4, 2013
Sold by
Li Peter and Li Marjorie H
Bought by
Li Peter and Li Marjorie H
Purchase Details
Closed on
Dec 10, 2004
Sold by
Lennar Emerald Merritt Partners Llc
Bought by
Yang Han C and Yang Margaret
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Evcimen Harun | $1,200,000 | First American Title Company | |
| Ou Susan H | $1,125,000 | Old Republic Title Company | |
| Li Peter | -- | None Available | |
| Yang Han C | $662,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Evcimen Harun | $960,000 | |
| Previous Owner | Yang Han C | $516,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $1,200,000 | -- | -- |
| 12/29/2020 12/29/20 | Sold | $1,200,000 | +0.2% | $890 / Sq Ft |
| 11/24/2020 11/24/20 | Pending | -- | -- | -- |
| 11/04/2020 11/04/20 | For Sale | $1,198,000 | -- | $888 / Sq Ft |
Source: Bay East Association of REALTORS®
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 | $17,847 | $1,043,000 | $315,000 | $735,000 |
| 2024 | $17,847 | $1,114,400 | $336,000 | $784,000 |
| 2023 | $18,879 | $1,248,480 | $374,544 | $873,936 |
| 2022 | $18,473 | $1,224,000 | $367,200 | $856,800 |
| 2021 | $20,855 | $1,200,000 | $360,000 | $840,000 |
| 2020 | $18,076 | $1,217,721 | $365,316 | $852,405 |
| 2019 | $17,525 | $1,193,850 | $358,155 | $835,695 |
| 2018 | $17,158 | $1,170,450 | $351,135 | $819,315 |
| 2017 | $16,550 | $1,147,500 | $344,250 | $803,250 |
| 2016 | $11,216 | $768,444 | $230,533 | $537,911 |
| 2015 | $11,160 | $756,907 | $227,072 | $529,835 |
| 2014 | $9,609 | $620,000 | $186,000 | $434,000 |
Source: Public Records
Agents Affiliated with this Home
-
Kenneth Er
-
Padina Yaghmai
Buyer's Agent in 2020
Padina Yaghmai
Engel & Völkers San Francisco
(415) 689-8592
About The Essex on Lake Merritt
Map
Source: Bay East Association of REALTORS®
MLS Number: 40926690
APN: 008-0697-021-00
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