NOT LISTED FOR SALE

1018 4th Ave Unit 201 Oakland, CA 94606

Merritt Neighborhood

Estimated Value: $425,000 - $441,000

-- Bed
1 Bath
811 Sq Ft
$537/Sq Ft Est. Value

Last Sold August 24, 2022

Last sale price $520,000 $641 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $3,628/month

72 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Brick Exterior Construction
  • 0.68 Acre Lot
  • Solid Surface Countertops
  • Cooling Available

About This Home

As of August 2022

EXCEPTING OFFERS. GREAT OPPORTUNITY. Take this apportunity NOW! This unit good for investors. Lake Meritt District. Loft style apartment with soaring 12 foot ceilings and open floor plan with a positive energy vibe and the sunlight keeps you feeling like you are outdoors. There is a beautiful white laquer custom closet. Newer gourmet five burner stove/oven and a dishwasher. There are oversize windows, exposed trusses, ductwork, piping, and track lighting. The floors are refinished. There are double patio doors that open to an exclusive use balcony. Secure deeded parking space #22. Open-air vintage freight style lift. There is a community patio and grill in the back. East Lake Lofts offers convenient access to Downtown Oakland, Oakland Museum, Jack London Square, Uptown. Near Lake Chalet, Whole Food Store and Alameda.

Last Agent to Sell the Property

Izabella Lipetski RealEstate

Realty ONE Group Future License #01372992 Listed on: 05/24/2022

Realty ONE Group Future

Last Buyer's Agent

Lucy Armentrout

Red Oak Realty License #01249688

Red Oak Realty

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $8,391

Year Built

  • Built in 1975

Lot Details

  • 0.68 Acre Lot
  • Rectangular Lot

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Uncovered Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property
  • Elevator
  • Wood Flooring

Kitchen

  • Built-In Range
  • Dishwasher
  • Solid Surface Countertops

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Accessible Home Design

  • Stepless Entry

Utilities

  • Cooling Available
  • Radiant Heating System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 192236

Community Details

Overview

  • Association fees include common area maintenance, common hot water, hazard insurance, management fee, reserves, security/gate fee, trash
  • 39 Units
  • 811 Sq Ft Building
  • East Lake Association, Phone Number (800) 610-0757
  • Lake Merritt Subdivision

Additional Features

  • Community Barbecue Grill
  • Gated Community

Property Details

Home Type

Apartment

Est. Annual Taxes

$8,391

Year Built

Built in 1975

Lot Details

0

HOA Fees

$400 per month

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1975
  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 0.68
  • Subdivision Name: LAKE MERRITT
  • Directions: E10th to 4th Ave
  • Building Name: Eastlake Lofts
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One Story, Two
  • New Construction: No
  • Structure Type: Conversion
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Appliances: Dishwasher, Range, Refrigerator, Dryer, Washer
  • Full Bathrooms: 1
  • Entry Location: No Steps to Entry
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Conversion, Elevator, No Additional Rooms, Counter - Solid Surface
  • Room Kitchen Features: Counter - Solid Surface, Dishwasher, Range/Oven Built-in, Refrigerator, Other

Exterior Features

  • Lot Features: Regular
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Brick, Concrete Block, Masonry, Glass
  • Exterior Features: Low Maintenance
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Off Street, Assigned, Space Per Unit - 1, Uncovered Parking Space, Garage Door Opener

Utilities

  • Heating: Baseboard, Perimeter, Radiant
  • Cooling: Other
  • Laundry Features: Dryer, Washer, In Unit
  • Security: Security Gate, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated, Barbecue, BBQ Area
  • Association Fee: 400
  • Association Fee Frequency: Monthly
  • Association Name: EAST LAKE ASSOCIATION
  • Phone: 800-610-0757
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Lot Size Sq Ft: 29602
  • Parcel Number: 192236
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Aug 18, 2022
Sold by
Julie Ashmore
Bought by
Phan Hank
Seller's Agent
Izabella Lipetski RealEstate
Realty ONE Group Future
Buyer's Agent
Lucy Armentrout
Red Oak Realty
List Price
$620,000
Sold Price
$520,000
Premium/Discount to List
-$100,000
-16.13%
Views
17
Current Estimated Value
$457,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$62,079
Avg. Annual Appreciation
-2.98%
Original Mortgage
$442,000
Outstanding Balance
$425,952
Interest Rate
5.51%
Mortgage Type
Balloon
Estimated Equity
$49,622

Purchase Details

Listed on
Jan 15, 2021
Closed on
Jun 2, 2021
Sold by
Fedder Jason and Fedder Elizabeth Claire
Bought by
Ashmore Julie
Seller's Agent
Elijah Fletcher
Red Oak Realty
Buyer's Agent
Izabella Lipetski RealEstate
Realty ONE Group Future
List Price
$639,000
Sold Price
$600,000
Premium/Discount to List
-$39,000
-6.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.51%
Original Mortgage
$420,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2016
Sold by
Backman Daniel Eric
Bought by
Fedder Jason and Fedder Elizabeth Claire

Purchase Details

Closed on
Sep 23, 2007
Sold by
East Lake Lofts Lp
Bought by
Backman Daniel Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Phan Hank $520,000 Doma Title Of California Inc
Ashmore Julie $600,000 North American Title Co Inc
Fedder Jason $575,000 Old Republic Title Company
Backman Daniel Eric $332,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan Hank $442,000
Previous Owner Ashmore Julie $420,000
Previous Owner Fedder Jason $373,750
Previous Owner Backman Daniel Eric $160,000
Previous Owner Backman Daniel Eric $166,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $520,000 -- --
02/04/2025 02/04/25 Off Market $600,000 -- --
08/24/2022 08/24/22 Sold $520,000 +4.2% $641 / Sq Ft
08/04/2022 08/04/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $499,000 -6.7% $615 / Sq Ft
07/21/2022 07/21/22 Price Changed $535,000 -7.6% $660 / Sq Ft
07/15/2022 07/15/22 Price Changed $579,000 -3.3% $714 / Sq Ft
06/10/2022 06/10/22 Price Changed $599,000 -3.4% $739 / Sq Ft
05/24/2022 05/24/22 For Sale $620,000 +3.3% $764 / Sq Ft
06/23/2021 06/23/21 Sold $600,000 -1.5% $726 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
04/19/2021 04/19/21 Price Changed $609,000 -2.4% $737 / Sq Ft
03/23/2021 03/23/21 Price Changed $624,000 -1.6% $755 / Sq Ft
03/03/2021 03/03/21 Price Changed $634,000 -0.8% $768 / Sq Ft
01/15/2021 01/15/21 For Sale $639,000 -- $774 / Sq Ft
Source: Bay East Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $8,391 $443,000 $135,000 $315,000
2024 $8,391 $443,000 $135,000 $315,000
2023 $8,784 $520,000 $156,000 $364,000
2022 $9,945 $605,000 $183,600 $428,400
2021 $9,834 $616,508 $184,952 $431,556
2020 $9,727 $610,190 $183,057 $427,133
2019 $9,369 $598,230 $179,469 $418,761
2018 $9,175 $586,500 $175,950 $410,550
2017 $8,826 $575,000 $172,500 $402,500
2016 $5,813 $361,689 $87,023 $274,666
2015 $5,014 $300,000 $90,000 $210,000
2014 $4,171 $235,000 $70,500 $164,500
Source: Public Records

Agents Affiliated with this Home

  • Izabella Lipetski RealEstate

    Seller's Agent in 2022

    Izabella Lipetski RealEstate

    Realty ONE Group Future

    (925) 230-0700

    2 in this area

    17 Total Sales

    Section Image
  • Lucy Armentrout

    Buyer's Agent in 2022

    Lucy Armentrout

    Red Oak Realty

    (510) 220-6445

    1 in this area

    39 Total Sales

    Section Image
  • Elijah Fletcher

    Seller's Agent in 2021

    Elijah Fletcher

    Red Oak Realty

    (510) 882-1927

    2 in this area

    74 Total Sales

    Section Image

  • W

    Seller Co-Listing Agent in 2021

    William Fletcher

    Red Oak Realty

    (510) 368-2854

    2 in this area

    35 Total Sales

    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 40994554

Bay East Association of REALTORS®

APN: 019-0022-036-00

California Alameda County Oakland 94606 Merritt

1018 4th Ave Unit 201, Oakland, CA

This home is located at 1018 4th Ave Unit 201, Oakland, CA 94606 since 24 May 2022 and is currently estimated at $435,543, approximately $537 per square foot. This property was built in 1975. 1018 4th Ave Unit 201 is a home located in Alameda County with nearby schools including La Escuelita Elementary School, Westlake Middle School, and Oakland High School.

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.

Bay East Association of REALTORS® Bay East ©2025. CCAR ©2025. bridgeMLS ©2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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