NOT LISTED FOR SALE

16024 Broadway Terrace Oakland, CA 94611

Merriewood Neighborhood

Estimated Value: $2,502,658 - $2,875,000

4 Beds
3.5 Baths
4,295 Sq Ft
$615/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $3,050,000 $710 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $17,567/month

12 Days on Market

Highlights

  • Views of Golden Gate Bridge
  • Updated Kitchen
  • Contemporary Architecture
  • Thornhill Elementary School Rated A-
  • Fireplace in Primary Bedroom
  • Wood Flooring

About This Home

As of June 2022

Panoramic Bay and SF views from this luxurious and extensively remodeled contemporary set in lush gardens on an oversized lot. The sophisticated and practical home welcomes you via a private courtyard entryway and sitting area with mature plantings. Inside, a sunny & generous layout features highest quality updates, stylish finishes and best materials. The large kitchen was carefully designed for the most discerning chef and the bathrooms gleam w/ tasteful tiles and light fixtures. Open floor plan and high ceilings create a light-filled and airy feeling on every level. A spacious office on the entry floor plus private guest suite with own entrance. Lower level bedrooms provide space& comfort for the whole family and open to gorgeously landscaped gardens that feature an oversized hot tub facing the view! Near Sibley and Redwood Regional parks, close to Rockridge, downtown Oakland and the great SF commute. A luxurious oasis w/ max privacy & serenity in this Monclair Hills.

Last Agent to Sell the Property

Anja Plowright

License #01351797 Listed on: 05/20/2022

Co-Listed By

Colette Ford

The Grubb Co. Inc. License #01158883

Last Buyer's Agent

Erin Chan-adams

Compass License #01981522

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,328

Year Built

  • Built in 1998

Lot Details

  • 9,576 Sq Ft Lot
  • Fenced
  • Terraced Lot
  • Garden
  • Back Yard

Parking

  • 2 Car Direct Access Garage

Property Views

  • Bay
  • Golden Gate Bridge
  • San Francisco
  • Panoramic
  • Bridge
  • Downtown

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • 3 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office

Kitchen

  • Updated Kitchen
  • <<builtInRangeToken>>
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Utilities

  • Zoned Heating and Cooling
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Montclair Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 48G742824

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,328

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 1998
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.22
  • Co List Office Mls Id: MLSX
  • Subdivision Name: MONTCLAIR HILLS
  • Directions: Mountain > Broadway Ter.
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Carpet
  • Basement: Crawl Space
  • Appliances: Gas Range, Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Accessibility Features: None
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Gas, Living Room, Master Bedroom
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Family Room, Formal Dining Room, In-Law Floorplan, Office, Stone Counters, Pantry, Updated Kitchen
  • Room Kitchen Features: Counter - Stone, Gas Range/Cooktop, Pantry, Range/Oven Built-in, Refrigerator, Updated Kitchen

Exterior Features

  • Fencing: Fenced
  • Lot Features: Sloped Down
  • Pool Features: None
  • Pool Private: No
  • View: Bay, Bay Bridge, City Lights, Downtown, Golden Gate Bridge, Panoramic, San Francisco
  • View: Yes
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Garden/Play, Terraced Down
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Int Access From Garage, Enclosed

Utilities

  • Heating: Zoned
  • Cooling: Zoned
  • Laundry Features: Laundry Room
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No
  • Pets Allowed: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 9576
  • Parcel Number: 48G742824
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 21, 2022
Sold by
Welch 2002 Living Trust
Bought by
Chen Yujing and Meng Xiao
Seller's Agent
Anja Plowright
Buyer's Agent
Erin Chan-adams
Compass
List Price
$2,650,000
Sold Price
$3,050,000
Premium/Discount to List
$400,000
15.09%
Current Estimated Value
$2,640,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$409,835
Avg. Annual Appreciation
-4.49%
Original Mortgage
$2,440,000
Outstanding Balance
$2,312,460
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$336,248

Purchase Details

Closed on
May 18, 2016
Sold by
Conn Michael G and Conn Mary M
Bought by
Welch 2002 Living Trust

Purchase Details

Closed on
Dec 11, 2012
Sold by
Conn Michael G and Conn Mary M
Bought by
Conn Michael G and Conn Mary M

Purchase Details

Closed on
Mar 4, 2009
Sold by
Newell William and Newell Carla
Bought by
Conn Michael G and Conn Mary M

Purchase Details

Closed on
Aug 27, 2008
Sold by
Newell William and Newell Carla
Bought by
Newell William and Newell Carla

Purchase Details

Closed on
Jul 20, 2006
Sold by
Frye Thomas J
Bought by
Newell William and Newell Carla

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
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
May 13, 2003
Sold by
Ahmadi Nazem and Ahmadi Nader
Bought by
Frye Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 1998
Sold by
Nch Development Inc
Bought by
Ahmadi Nazem and Ahmadi Nader

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$802,500
Interest Rate
6.87%

Purchase Details

Closed on
May 8, 1997
Sold by
Harris Mark F and Harris Julie L
Bought by
Nch Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$685,125
Interest Rate
7.91%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 5, 1996
Sold by
Hull William R and Hull Beatrice A
Bought by
Harris Mark F and Harris Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.1%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Chen Yujing $3,050,000 Chicago Title
Welch 2002 Living Trust $1,845,000 Old Republic Title Company
Conn Michael G -- None Available
Conn Michael G $1,700,000 Old Republic Title Company
Newell William -- None Available
Newell William $2,175,000 Old Republic Title Company
Frye Thomas J $1,385,000 Placer Title Company
Ahmadi Nazem $1,070,000 Nortwestern Title Company
Nch Development Inc $150,000 Old Republic Title Company
Harris Mark F $150,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Yujing $2,440,000
Previous Owner Welch Stephen G $515,000
Previous Owner Welch Stephen G $701,000
Previous Owner Welch Stephen G $175,000
Previous Owner Welch Stephen G $801,000
Previous Owner Conn Michael G $495,000
Previous Owner Newell William $1,100,000
Previous Owner Frye Thomas J $200,000
Previous Owner Frye Thomas J $1,000,000
Previous Owner Frye Thomas J $1,000,000
Previous Owner Ahmadi Nazem $975,000
Previous Owner Ahmadi Nazem $802,500
Previous Owner Nch Development Inc $100,000
Previous Owner Nch Development Inc $685,125
Previous Owner Harris Mark F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $3,050,000 -- --
06/27/2022 06/27/22 Sold $3,050,000 +15.1% $710 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $2,650,000 -- $617 / 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
2024 $35,328 $2,650,000 $795,000 $1,855,000
2023 $44,562 $3,111,000 $933,300 $2,177,700
2022 $29,982 $2,051,097 $617,429 $1,440,668
2021 $29,112 $2,010,747 $605,324 $1,412,423
2020 $28,799 $1,997,064 $599,119 $1,397,945
2019 $27,999 $1,957,913 $587,374 $1,370,539
2018 $27,406 $1,919,537 $575,861 $1,343,676
2017 $26,483 $1,881,900 $564,570 $1,317,330
2016 $26,236 $1,865,885 $554,772 $1,311,113
2015 $26,114 $1,837,875 $546,444 $1,291,431
2014 $26,748 $1,801,887 $535,744 $1,266,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40994235

bridgeMLS

APN: 048G-7428-024-00