NOT LISTED FOR SALE

1018 4th Ave Unit 307 Oakland, CA 94606

Merritt Neighborhood

Estimated Value: $400,000 - $734,000

-- Bed
1 Bath
1,171 Sq Ft
$399/mo HOA Fee

Last Sold October 23, 2020

Last sale price $737,500 $630 Per Sq Ft

Est. 24% decrease in value since last sale

Current estimated payment $4,295/month

9 Days on Market

Highlights

  • Bay View
  • Contemporary Architecture
  • Solid Surface Countertops
  • Gated Community
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of October 2020

East Lake Lofts is a steel reinforced brick and mortar warehouse - with loft-style residences. Loft 307 features a large and open floor plan. There are many true loft elements. The walls are of exposed brick and riveted steel beams. There are large warehouse windows, and exposed trusses, ductwork, piping, and track lighting. The floors are a refinished Douglas fir who’s warmth saturates the space. The natural timber ties together the unit providing continuity from wall-to-wall. The loft is in the corner on the top floor, close to the stairs, not far and not right next to the open air vintage freight style lift. There is a deeded parking space and a community patio and grill in the back. Washer and dryer in unit! East Lake Lofts offers convenient access to Downtown Oakland, Jack London Square, Uptown, Grand Lake and Alameda.

Last Agent to Sell the Property

Elijah Fletcher

Red Oak Realty License #01933235 Listed on: 09/10/2020

Red Oak Realty

Co-Listed By

William Fletcher

Red Oak Realty License #01724665

Last Buyer's Agent

Jeanine Weller

Corcoran Icon Properties License #01236485

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1975

HOA Fees

  • $399 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Property Views

  • Bay
  • Downtown

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

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

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Baseboard Heating
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 192249

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, management fee, reserves, security/gate fee, trash, water/sewer, insurance, ground maintenance
  • Eastlake Lofts Owners Assoc. Association, Phone Number (800) 610-0757
  • East Lake Lofts Subdivision

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1975

Lot Details

0

HOA Fees

$399 per month

Parking

1

Listing Details

  • Stories: 3
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: OBBREDO 02
  • Subdivision Name: East Lake Lofts
  • Directions: e 10th st to 4th ave
  • Architectural Style: Contemporary
  • Garage Yn: No
  • Unit Levels: Three or More Stories, Three Or More
  • New Construction: No
  • remarks11: Please sign and send PEAD with correct address to eli@redoakrealty.com cc kristen@redoakrealty.com once received lockbox CBS code will be shared. Follow all social distancing protocol and CAR showing guidelines. Be safe! Call or text Eli with questions: 510-882-1927
  • remarks22: ELIJAH FLETCHER - East Lake Lofts is a steel reinforced brick and mortar warehouse - with loft-style residences. Loft 307 features a large and open floor plan. There are many true loft elements. The walls are of exposed brick and riveted steel beams. There are large warehouse windows, and exposed trusses, ductwork, piping, and track lighting. The floors are a refinished Douglas fir who’s warmth saturates the space. The natural timber ties together the unit providing continuity from wall-to-wall. The loft is in the corner on the top floor, close to the stairs, not far and not right next to the open air vintage freight style lift. There is a deeded parking space and a community patio and grill in the back. Washer and dryer in unit! East Lake Lofts offers convenient access to Downtown Oakland, Jack London Square, Uptown, Grand Lake and Alameda.
  • Special Features: VirtualTour

Interior Features

  • Flooring: Wood
  • Appliances: Dishwasher, Gas Range, Microwave, Free-Standing Range, Refrigerator, Dryer, Washer
  • Other Equipment: TV Antenna
  • Full Bathrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Room Kitchen Features: Counter - Solid Surface, Dishwasher, Eat In Kitchen, Garbage Disposal, Gas Range/Cooktop, Microwave, Pantry, Range/Oven Free Standing, Refrigerator

Exterior Features

  • Roof: Unknown
  • Lot Features: Level
  • Pool Features: None
  • Pool Private: No
  • View: Bay, City Lights, Downtown, City
  • Construction Type: Brick, Siding - Other
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Side Yard Access, Garage Door Opener

Utilities

  • Heating: Baseboard
  • Cooling: None
  • Laundry Features: Dryer, Washer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Amenities: Gated
  • Association Fee: 399
  • Association Fee Frequency: Monthly
  • Association Name: EASTLAKE LOFTS OWNERS ASSOC.
  • Phone: 800-610-0757
  • Association: Yes

Fee Information

  • Association Fee Includes: Common Area Maint, Exterior Maintenance, Management Fee, Reserves, Security/Gate Fee, Trash, Water/Sewer, Insurance, Maintenance Grounds

Lot Info

  • Parcel Number: 192249

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 8, 2020
Sold by
Badalian Marderos and Melikian Anita
Bought by
Volz Christopher
Seller's Agent
Elijah Fletcher
Red Oak Realty
Buyer's Agent
Jeanine Weller
Corcoran Icon Properties
List Price
$699,000
Sold Price
$737,500
Premium/Discount to List
$38,500
5.51%
Current Estimated Value
$558,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$179,388
Avg. Annual Appreciation
-5.23%
Original Mortgage
$577,500
Outstanding Balance
$512,719
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$45,393

Purchase Details

Closed on
Nov 26, 2012
Sold by
Kayser Frank
Bought by
Badalian Marderos and Melikian Anita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,525
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2007
Sold by
East Lake Lofts Lp
Bought by
Badalian Marderos and Badalian Anita Melikian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Volz Christopher $737,500 Old Republic Title Company
Badalian Marderos -- Old Republic Title
Badalian Marderos $466,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Volz Christopher $577,500
Previous Owner Badalian Marderos $377,525
Previous Owner Badalian Marderos $372,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2025 06/16/25 Off Market $737,500 -- --
02/04/2025 02/04/25 Off Market $737,500 -- --
10/23/2020 10/23/20 Sold $737,500 +5.5% $630 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $699,000 -- $597 / 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 $11,658 $650,000 $195,000 $455,000
2024 $11,658 $675,000 $202,500 $472,500
2023 $12,273 $767,294 $230,136 $537,158
2022 $11,973 $752,250 $225,624 $526,626
2021 $11,497 $737,500 $221,200 $516,300
2020 $8,937 $559,660 $132,108 $427,552
2019 $8,595 $548,691 $129,519 $419,172
2018 $8,415 $537,935 $126,980 $410,955
2017 $8,090 $527,390 $124,491 $402,899
2016 $6,236 $400,000 $120,000 $280,000
2015 $5,601 $350,000 $105,000 $245,000
2014 $4,861 $290,000 $87,000 $203,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40920204

bridgeMLS

APN: 019-0022-049-00