NOT LISTED FOR SALE

1018 4th Ave Unit 305 Oakland, CA 94606

Merritt Neighborhood

Estimated Value: $402,000 - $807,000

2 Beds
1 Bath
1,184 Sq Ft
$396/mo HOA Fee

Last Sold December 16, 2020

Last sale price $730,000 $617 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $4,600/month

77 Days on Market

Highlights

  • City View
  • Stone Countertops
  • Community Barbecue Grill
  • Wood Flooring
  • Cooling Available
  • 1 Car Garage

About This Home

As of December 2020

Price Reduced!! Beautiful top floor unit within the historic East Lake Loft building. Ride the giant freight elevator up to this large two bedroom/one bath brick and timber loft, showcasing 12-foot high beamed ceilings, exposed brick walls, and refinished old growth Fir floors. Sunlight streams into the updated kitchen and open living area thru huge industrial glass windows, and a large skylight. In the remodeled bathroom you will find a vintage farm sink, in-unit washer and drier, additional loft storage and a modern hydronic heating system. There is ample additional storage in the main bedroom’s double-height walk-in closet. A flex space between the two bedrooms creates a perfect opportunity for a home office. With secure gated parking, you can leave your car, and enjoy the ideal location only a 13-minute walk to Lake Merritt BART, 10 Minutes to the Oakland Museum, 2.5 blocks to lake Merritt, or pop over to Rockies Market for some delicious prepared food.

Last Agent to Sell the Property

Scott Leverette

Golden Gate Sothebys Intl Rlty License #01371899 Listed on: 08/31/2020

Golden Gate Sothebys Intl Rlty

Last Buyer's Agent

Nash Mittelman

License #02016179

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

HOA Fees

  • $396 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Concrete Foundation

Interior Spaces

  • 1-Story Property
  • Wood Flooring
  • City Views

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Location

  • Urban Location

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 192245

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, management fee, reserves, trash, insurance, ground maintenance
  • Eastlake Lofts Owners Assoc. Association, Phone Number (510) 928-7105
  • Built by Brick&timber
  • Lake Merritt Subdivision, Loft Floorplan

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$396 per month

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Lake Merritt
  • Directions: 16th st to 5th
  • Architectural Style: Other, See Remarks
  • Garage Yn: Yes
  • Unit Levels: One Story, One
  • New Construction: No
  • remarks11: Astonishingly- Still Available!! Vacant and Staged. https://calendly.com/scottleverette-1018-4th-ave-unit-305 Please call agent re: access & operation of Freight Elevator. To show Email PEAD-V to S.leverette@ggsir.com Q's? Call Scott (510) 919-3333 Must have a verified appointment All parties entering the home sign the C.A.R. PEAD before entering the property. Please have Buyers view 3D walkthroughs and pictures first. There can only be 3 people (2 members of the same household, 1 agent/third party) at the property at any given time, practicing social distancing. Individuals cannot use the facilities in the home. Disclosures at https://app.disclosures.io/link/1018-4th-Avenue-305-4roddtls Bedroom count differs from public record
  • remarks22: Scott F Leverette - 510-919-3333 - Price Reduced!! Beautiful top floor unit within the historic East Lake Loft building. Ride the giant freight elevator up to this large two bedroom/one bath brick and timber loft, showcasing 12-foot high beamed ceilings, exposed brick walls, and refinished old growth Fir floors. Sunlight streams into the updated kitchen and open living area thru huge industrial glass windows, and a large skylight. In the remodeled bathroom you will find a vintage farm sink, in-unit washer and drier, additional loft storage and a modern hydronic heating system. There is ample additional storage in the main bedroom’s double-height walk-in closet. A flex space between the two bedrooms creates a perfect opportunity for a home office. With secure gated parking, you can leave your car, and enjoy the ideal location only a 13-minute walk to Lake Merritt BART, 10 Minutes to the Oakland Museum, 2.5 blocks to lake Merritt, or pop over to Rockies Market for some delicious prepared food. http://1018loft.com
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator, Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Room Kitchen Features: Counter - Stone, Dishwasher, Garbage Disposal, Range/Oven Free Standing, Refrigerator

Exterior Features

  • Roof: Unknown
  • Lot Features: Level
  • Pool Features: None
  • Pool Private: No
  • View: City
  • Builder Name: Brick&timber
  • Construction Type: Brick
  • Foundation Details: Concrete, Earthquake Braced
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Ceiling Fan(s)
  • Laundry Features: Dryer, Washer, In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Amenities: Barbecue, Cable TV, Electric Metered, Gas Metered, Laundry, Setting Urban
  • Association Fee: 396
  • Association Fee Frequency: Monthly
  • Association Name: EASTLAKE LOFTS OWNERS ASSOC.
  • Phone: 510-928-7105
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maint, Exterior Maintenance, Management Fee, Reserves, Trash, Insurance, Maintenance Grounds

Schools

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

Lot Info

  • Parcel Number: 192245

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Dec 9, 2020
Sold by
Runyon Doreen Lee and Haugo Nathan Robert
Bought by
Brown William Haldean and Chao Victoria
Seller's Agent
Scott Leverette
Golden Gate Sothebys Intl Rlty
Buyer's Agent
Nash Mittelman
List Price
$799,000
Sold Price
$730,000
Premium/Discount to List
-$69,000
-8.64%
Current Estimated Value
$616,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$113,918
Avg. Annual Appreciation
-3.35%
Original Mortgage
$584,000
Outstanding Balance
$519,934
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$96,148

Purchase Details

Closed on
Aug 24, 2015
Sold by
Nickel Christopher M and Cano Chrissy A
Bought by
Nickel Christopher M and Cano Chrissy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2011
Sold by
United Security Bank
Bought by
Nickel Chris and Cano Chrissy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2010
Sold by
East Lake Lofts Lp
Bought by
United Security Bank

Purchase Details

Closed on
Apr 23, 2010
Sold by
East Lake Lofts Lp
Bought by
East Lake Lofts Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brown William Haldean $730,000 Old Republic Title Company
Nickel Christopher M -- First American Title Company
Nickel Chris $225,000 Old Republic Title Company
United Security Bank $2,300,000 First American Title Ins Co
East Lake Lofts Llc $825,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown William Haldean $584,000
Previous Owner Nickel Christopher M $200,000
Previous Owner Nickel Chris $202,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Off Market $730,000 -- --
02/04/2025 02/04/25 Off Market $730,000 -- --
12/16/2020 12/16/20 Sold $730,000 -2.5% $617 / Sq Ft
11/16/2020 11/16/20 Pending -- -- --
10/12/2020 10/12/20 Price Changed $749,000 -6.3% $633 / Sq Ft
08/31/2020 08/31/20 For Sale $799,000 -- $675 / Sq Ft
Source: bridgeMLS

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 $11,558 $790,165 $237,049 $553,116
2024 $11,558 $774,675 $232,402 $542,273
2023 $12,166 $759,491 $227,847 $531,644
2022 $11,868 $744,600 $223,380 $521,220
2021 $11,394 $730,000 $219,000 $511,000
2020 $4,895 $258,405 $77,521 $180,884
2019 $4,648 $253,340 $76,002 $177,338
2018 $4,554 $248,374 $74,512 $173,862
2017 $4,356 $243,505 $73,051 $170,454
2016 $4,152 $238,731 $71,619 $167,112
2015 $4,128 $235,147 $70,544 $164,603
2014 $4,107 $230,541 $69,162 $161,379
Source: Public Records

Agents Affiliated with this Home

  • Scott Leverette

    Seller's Agent in 2020

    Scott Leverette

    Golden Gate Sothebys Intl Rlty

    (510) 622-8300

    57 Total Sales

    Scott Leverette
    Section Image
  • Nash Mittelman

    Buyer's Agent in 2020

    Nash Mittelman

    (415) 622-5303

    62 Total Sales

    Nash Mittelman
    Section Image
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Map

Source: bridgeMLS

MLS Number: 40918608

bridgeMLS

APN: 019-0022-045-00

California Alameda County Oakland 94606 Merritt

1018 4th Ave Unit 305, Oakland, CA

Not Listed for Sale

Condos

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