Seller's Agent in 2021
Jerry Kumar
Paramount Buildings & Loans
(510) 429-1424
1 in this area
27 Total Sales
1428 Madison St Unit 209 Oakland, CA 94612
Lakeside NeighborhoodEstimated Value: $304,000 - $435,000
1
Bed
1
Bath
554
Sq Ft
$383/mo
HOA Fee
Highlights
- Gated Community
- Updated Kitchen
- Stone Countertops
- Lincoln Elementary School Rated 10
- Contemporary Architecture
- Community Pool
About This Home
As of October 2021Beautiful condo located in an awesome location. Recently upgraded gorgeous open concept kitchen with new cabinetry, quartz countertop, and SS appliances. Updated bathroom with magnificent tiles, new 12 mm 24-hour water-resistant laminate floor throughout the house, recessed lights, new patio doors, and window. A private balcony is accessible from the bedroom and living room. Washer and vent less Dryer hookups! Very desirable location, next to Lake Merritt. Walking distance to BART, shopping, restaurants, cafes & nightlife. The complex has a pool & gated parking. Just a few blocks from scenic Lake Merritt, Downtown Oakland, Oakland Museum, Jack London Square, Whole Foods, Saturday farmers market, Chinatown, Malonga Center for the Arts, East Bay Meditation Center. Ideal for commuters who enjoy a healthy lifestyle, running, cycling, or just relaxing at the Lake after work and on the weekends. Walk Score® 97, Transit ScoreTM 81, and Bike ScoreTM 93.
Last Agent to Sell the Property
Paramount Buildings & Loans License #01255148 Listed on: 09/03/2021
Property Details
Home Type
- Condominium
Year Built
- Built in 1961
Lot Details
- 0.28
HOA Fees
- $383 Monthly HOA Fees
Parking
- Subterranean Parking
Home Design
- Contemporary Architecture
- Entry on the 2nd floor
- Stucco
Interior Spaces
- 2-Story Property
- Family Room Off Kitchen
Kitchen
- Updated Kitchen
- Electric Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Stone Countertops
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Home Security
Utilities
- Cooling Available
- Wall Furnace
- 220 Volts in Kitchen
Listing and Financial Details
- Assessor Parcel Number 863161
Community Details
Overview
- Association fees include common area maintenance, exterior maintenance, trash, water/sewer
- 33 Units
- Kings Court HOA, Phone Number (510) 763-8600
- Lake Merritt Subdivision
Amenities
- Laundry Facilities
Recreation
- Community Pool
Security
- Gated Community
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 3, 2021
Closed on
Oct 7, 2021
Sold by
Ahuja Investments Llc
Bought by
Leonard Ryan M
Seller's Agent
Jerry Kumar
Paramount Buildings & Loans
Buyer's Agent
Lauren Quach
List Price
$389,000
Sold Price
$420,000
Premium/Discount to List
$31,000
7.97%
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
-$41,408
Avg. Annual Appreciation
-2.40%
Original Mortgage
$378,000
Outstanding Balance
$344,701
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$33,891
Purchase Details
Listed on
Mar 16, 2021
Closed on
Apr 12, 2021
Sold by
Cheng Margaret L N
Bought by
Ahuja Investments Llc
Seller's Agent
Jeffrey Wright
Wright Realtors
Buyer's Agent
Jeffrey Wright
Wright Realtors
List Price
$358,500
Sold Price
$315,000
Premium/Discount to List
-$43,500
-12.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.78%
Purchase Details
Closed on
Feb 27, 2008
Sold by
Lau John Chi Ming and Lau Rene
Bought by
Cheng Margaret L N
Purchase Details
Closed on
Mar 4, 1997
Sold by
Yoshimura Steven M
Bought by
Lau John Chi Ming and Lau Rene
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 |
|---|---|---|---|
| Leonard Ryan M | $420,000 | Chicago Title Company | |
| Ahuja Investments Llc | $315,000 | Old Republic Title Company | |
| Cheng Margaret L N | -- | None Available | |
| Lau John Chi Ming | $40,500 | Golden California Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Leonard Ryan M | $378,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $420,000 | -- | -- | |
| 02/04/2025 02/04/25 | Off Market | $315,000 | -- | -- | |
| 10/14/2021 10/14/21 | Sold | $420,000 | +8.0% | $758 / Sq Ft | |
| 09/08/2021 09/08/21 | Pending | -- | -- | -- | |
| 09/03/2021 09/03/21 | For Sale | $389,000 | +23.5% | $702 / Sq Ft | |
| 04/16/2021 04/16/21 | Sold | $315,000 | -12.1% | $569 / Sq Ft | View Prior Sale |
| 03/30/2021 03/30/21 | Pending | -- | -- | -- | |
| 03/16/2021 03/16/21 | For Sale | $358,500 | -- | $647 / 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 | $7,311 | $445,703 | $133,711 | $311,992 |
| 2024 | $7,311 | $436,967 | $131,090 | $305,877 |
| 2023 | $7,632 | $428,400 | $128,520 | $299,880 |
| 2022 | $7,407 | $420,000 | $126,000 | $294,000 |
| 2021 | $2,107 | $53,483 | $18,205 | $42,278 |
| 2020 | $2,080 | $59,863 | $18,018 | $41,845 |
| 2019 | $1,897 | $58,690 | $17,665 | $41,025 |
| 2018 | $1,859 | $57,539 | $17,319 | $40,220 |
| 2017 | $1,747 | $56,411 | $16,979 | $39,432 |
| 2016 | $1,589 | $55,305 | $16,646 | $38,659 |
| 2015 | $1,575 | $54,474 | $16,396 | $38,078 |
| 2014 | $1,469 | $53,408 | $16,075 | $37,333 |
Source: Public Records
Agents Affiliated with this Home
-
Jerry Kumar
-
Jeffrey Wright
J
Seller's Agent in 2021
Jeffrey Wright
Wright Realtors
(510) 693-2533
1 in this area
23 Total Sales
-
Lauren Quach
Buyer's Agent in 2021
Lauren Quach
(415) 269-8915
1 in this area
73 Total Sales
Map
Source: Bay East Association of REALTORS®
MLS Number: 40965752
APN: 008-0631-061-00
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