Seller's Agent in 2023
Ann Lovi
Vanguard Properties
(510) 332-5747
3 in this area
27 Total Sales
12 Observation Place Oakland, CA 94611
Forestland NeighborhoodEstimated Value: $1,964,000 - $2,277,000
4
Beds
4.5
Baths
4,278
Sq Ft
$487/Sq Ft
Est. Value
Highlights
- Views of Golden Gate Bridge
- Solar Power System
- Fireplace in Primary Bedroom
- Thornhill Elementary School Rated A-
- Updated Kitchen
- Wood Flooring
About This Home
As of September 2023Updated Mediterranean with stunning finishes throughout. Ample windows frame spectacular Bay views from nearly every room. Rare, level outdoor spaces for entertaining & play. Dramatic entry w vaulted turret ceiling & half bath lead you into the Formal Living Room w fireplace flanked by two Juliette balconies that frame the Bay views. The eat-in kitchen w high-end appliances opens to the Living Room & has a spacious deck, perfect for al-fresco dining or enjoying the multi-bridge views. A Formal Dining Room completes the level. A luxe Primary suite with fireplace, Bay views, spa-like bath w double sinks, jetted tub, walk-in closet & adjoining plus room comprises its own level. A short flight below a stunning curved staircase with second vaulted turret ceiling leads to a second en-suite, also with a plus room. This suite is ideally level-in from the two car garage (with h-end storage and EV charger) and a second exterior entrance. Just below are two more bedrooms, 3rd full bath & spacious laundry room. Additionally, there is spacious in-law/office with its own full bathroom & separate entrance level-in from the driveway is perfect for guests, in-laws, au pair or home office. Solar panels & two Tesla power walls make this home extraordinarily energy efficient. Near Regional Parks.
Last Agent to Sell the Property
Vanguard Properties License #01716499 Listed on: 07/18/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $28,397
Year Built
- Built in 2003
Lot Details
- 9,583 Sq Ft Lot
- Cul-De-Sac
- Corner Lot
- Lot Sloped Down
- Side Yard Sprinklers
- Garden
- Property is zoned 1001
Parking
- 2 Car Direct Access Garage
- Electric Vehicle Home Charger
- Garage Door Opener
- Off-Street Parking
Property Views
- Bay
- Golden Gate Bridge
- San Francisco
- Bridge
- City Lights
- Woods
- Trees
Home Design
- Mediterranean Architecture
- Stucco
Interior Spaces
- 3-Story Property
- Insulated Windows
- Living Room with Fireplace
- 2 Fireplaces
- Formal Dining Room
- Partial Basement
Kitchen
- Updated Kitchen
- Eat-In Kitchen
- Built-In Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- In-Law or Guest Suite
Laundry
- Dryer
- Washer
Home Security
- Security System Owned
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Solar Power System
- Solar owned by seller
Utilities
- Zoned Heating and Cooling
- Thermostat
- Tankless Water Heater
Community Details
- No Home Owners Association
- Bridge Aor Association
- Montclair Hills Subdivision
Listing and Financial Details
- Assessor Parcel Number 48G7450151
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 2, 2015
Sold by
Observation Place Series 34 With Respect
Bought by
Cacovean Alexandru and Cacovean Corina I
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,392,000
Outstanding Balance
$1,091,480
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$991,808
Purchase Details
Closed on
Dec 31, 2014
Sold by
Aiello Jason A and Jason A Aiello Living Trust
Bought by
Observation Place Series 34 and Bwi Llc
Purchase Details
Closed on
Nov 18, 2005
Sold by
Alello Jason
Bought by
Alello Jason and Jason A Alello Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 18, 2005
Sold by
Aiello Jason and Jason A Aiello Living Trust
Bought by
Aiello Jason A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,500
Interest Rate
5.62%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 17, 2004
Sold by
Aiello Jason A
Bought by
Aiello Jason and Jason A Aiello Living Trust
Purchase Details
Closed on
Sep 16, 2004
Sold by
Vierra Anton Ferderic and Vierra Anton Christine
Bought by
Aiello Jason A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 12, 2004
Sold by
Vierra Anton Frederic and Vierra Anton Christine
Bought by
Vierra Anton Frederic and Vierra Anton Christine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$901,000
Interest Rate
4.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 26, 1998
Sold by
Old Republic Title Insurance Company
Bought by
Anton Frederic and Boelk Christine Vierra
Purchase Details
Closed on
Feb 28, 1996
Sold by
Cotton A Margaret
Bought by
Old Republic Title Company
Purchase Details
Closed on
Jun 15, 1995
Sold by
Paul Gary S and Paul Pamela
Bought by
Cotton A Margaret
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cacovean Alexandru | $1,740,000 | Old Republic Title Co Montcl | |
| Observation Place Series 34 | $1,060,000 | None Available | |
| Alello Jason | -- | First American Title | |
| Aiello Jason | -- | First American Title Company | |
| Aiello Jason A | -- | Alliance Title Company | |
| Aiello Jason | -- | Alliance Title Company | |
| Aiello Jason | -- | Alliance Title Company | |
| Aiello Jason A | $1,600,000 | Alliance Title Company | |
| Vierra Anton Frederic | -- | First American Title Company | |
| Anton Frederic | $12,500 | Old Republic Title Company | |
| Old Republic Title Company | $16,000 | -- | |
| Cotton A Margaret | $30,657 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cacovean Alexandru | $1,392,000 | |
| Previous Owner | Aiello Jason | $1,365,000 | |
| Previous Owner | Aiello Jason A | $222,500 | |
| Previous Owner | Aiello Jason A | $1,100,000 | |
| Previous Owner | Vierra Anton Frederic | $901,000 | |
| Closed | Aiello Jason A | $339,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $2,100,000 | -- | -- |
| 09/14/2023 09/14/23 | Sold | $2,100,000 | +10.8% | $491 / Sq Ft |
| 08/14/2023 08/14/23 | Pending | -- | -- | -- |
| 07/18/2023 07/18/23 | For Sale | $1,895,000 | -- | $443 / Sq Ft |
Source: bridgeMLS
Tax History Compared to Growth
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 | $28,397 | $2,142,000 | $642,600 | $1,499,400 |
| 2024 | $28,397 | $2,100,000 | $630,000 | $1,470,000 |
| 2023 | $28,943 | $1,979,788 | $593,936 | $1,385,852 |
| 2022 | $28,369 | $1,933,970 | $582,291 | $1,358,679 |
| 2021 | $27,534 | $1,895,915 | $570,874 | $1,332,041 |
| 2020 | $27,238 | $1,883,410 | $565,023 | $1,318,387 |
| 2019 | $26,474 | $1,846,487 | $553,946 | $1,292,541 |
| 2018 | $25,913 | $1,810,295 | $543,088 | $1,267,207 |
| 2017 | $25,019 | $1,774,800 | $532,440 | $1,242,360 |
| 2016 | $24,441 | $1,740,000 | $522,000 | $1,218,000 |
| 2015 | $26,340 | $1,854,456 | $637,868 | $1,216,588 |
| 2014 | $28,064 | $1,818,142 | $625,377 | $1,192,765 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Lovi
-
Mike Nekouasl
Buyer's Agent in 2023
Mike Nekouasl
Altas Realty
(408) 893-8223
1 in this area
16 Total Sales
Map
Source: bridgeMLS
MLS Number: 41033425
APN: 048G-7450-015-01
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 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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