Seller's Agent in 2021
Leo Zhang
(510) 590-1628
353 Total Sales
1540 5th Ave Oakland, CA 94606
Merritt NeighborhoodEstimated Value: $720,000 - $777,000
2
Beds
2
Baths
1,122
Sq Ft
$672/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- No HOA
- Forced Air Heating System
- Solid Surface Countertops
- Security Gate
- 4-minute walk to Clinton Square
About This Home
As of May 2021Welcome home! You are going to love this nice Merritt neighborhood! Newly remodeled 2B/2B single family will be a place you may called home. Automatic gate, double pane windows, one car parking space. Recessed light and hardwood floor thru out. Modern and open kitchen with all high-end SS appliance. Reasonable sized bonus room can be a walk-in closet or 3rd bedroom. Downstairs has over 1000 sqft unfinished basement plus storage, up to 7 feet high, has windows all around. Huge potential to legalize as ADU or media room (check w/city for requirement). Walking distance to lake Merritt, Oakland city college and Laney college; 3 mins to I-880 and 580; 20 mins to UCB and San Francisco. Sewer and sidewalk complied.
Home Details
Home Type
- Single Family
Year Built
- Built in 1896
Lot Details
- 2,400 Sq Ft Lot
- Back Yard
Home Design
- Shingle Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Laminate Flooring
- Security Gate
- Laundry in unit
Kitchen
- Updated Kitchen
- Solid Surface Countertops
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- Forced Air Heating System
Community Details
- No Home Owners Association
- Bay East Association
- Oakland Subdivision
Listing and Financial Details
- Assessor Parcel Number 2017712
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2021
Closed on
May 3, 2021
Sold by
Wu Li
Bought by
Wekselbaum David and Earley Brighton
Seller's Agent
Leo Zhang
Buyer's Agent
Khristian Avelar
Real Broker
List Price
$699,000
Sold Price
$850,000
Premium/Discount to List
$151,000
21.6%
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
-$96,047
Avg. Annual Appreciation
-2.34%
Original Mortgage
$807,500
Outstanding Balance
$731,797
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$22,156
Purchase Details
Closed on
May 1, 2017
Sold by
Leung Kwai Yam
Bought by
Wu Li
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Feb 17, 2004
Sold by
Leung Kwai Yam and Leung William Kwai Yam
Bought by
Leung Kwai Yam and Kwai Yam Leung Trust
Purchase Details
Closed on
Mar 22, 1995
Sold by
Leung Rainbow Y P
Bought by
Leung William Kwai Yam
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wekselbaum David | $850,000 | Chicago Title Company | |
| Wu Li | $450,000 | Old Republic Title Company | |
| Wu Li | -- | Old Republic Title Company | |
| Leung Kwai Yam | -- | -- | |
| Leung William Kwai Yam | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wekselbaum David | $807,500 | |
| Previous Owner | Wu Li | $292,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $850,000 | -- | -- |
| 05/07/2021 05/07/21 | Sold | $850,000 | +21.6% | $758 / Sq Ft |
| 04/16/2021 04/16/21 | Pending | -- | -- | -- |
| 04/01/2021 04/01/21 | For Sale | $699,000 | -- | $623 / 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 | $13,241 | $922,183 | $276,017 | $653,166 |
| 2024 | $13,241 | $903,967 | $270,606 | $640,361 |
| 2023 | $13,957 | $893,112 | $265,302 | $627,810 |
| 2022 | $13,511 | $860,000 | $260,100 | $606,900 |
| 2021 | $8,022 | $480,740 | $144,745 | $342,995 |
| 2020 | $7,933 | $482,742 | $143,262 | $339,480 |
| 2019 | $7,616 | $473,280 | $140,454 | $332,826 |
| 2018 | $7,389 | $459,000 | $137,700 | $321,300 |
| 2017 | $2,114 | $80,363 | $67,352 | $13,011 |
| 2016 | $1,950 | $78,787 | $66,031 | $12,756 |
| 2015 | $1,934 | $77,604 | $65,040 | $12,564 |
| 2014 | $1,839 | $76,084 | $63,766 | $12,318 |
Source: Public Records
Agents Affiliated with this Home
-
Leo Zhang
-
Gloria Chun
Seller Co-Listing Agent in 2021
Gloria Chun
RE/MAX
(510) 560-5666
291 Total Sales
-
Khristian Avelar
Buyer's Agent in 2021
Khristian Avelar
Real Broker
(925) 381-4785
72 Total Sales
Map
Source: Bay East Association of REALTORS®
MLS Number: 40943457
APN: 020-0177-001-02
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Bay East ©2026. CCAR ©2026. bridgeMLS ©2026. 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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