NOT LISTED FOR SALE

199 Montecito Ave Unit 306 Oakland, CA 94610

Adams Point Neighborhood

Estimated Value: $531,000 - $546,000

2 Beds
2 Baths
1,029 Sq Ft
$696/mo HOA Fee

Last Sold December 20, 2024

Last sale price $530,000 $515 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,224/month

135 Days on Market

Highlights

  • Penthouse
  • Private Lot
  • Enclosed Parking
  • Lincoln Elementary School Rated 10
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage

About This Home

As of December 2024

Presenting 199 Montecito Avenue, #306 - a wonderful, light-filled and spacious condominium oasis in Adam's Point. The home offers two bedrooms (including a primary en-suite), two bathrooms, and 1029 square feet of open concept living with tasteful updates throughout. As a rear-facing property on the 3rd floor, the home enjoys both unobstructed impressive urban city views and tranquility. Adjacent to the living space is a private balcony that enjoys the same views. The property is conveniently located around the corner from Whole Foods and is two blocks from Lake Merritt. Also nearby is the Grand Lake and Lakeshore neighborhoods, and quick access to Highways 580, 980, 24, and BART. The property comes with a deeded garage parking space and a storage room.

Last Agent to Sell the Property

Ian Ivarson

Vanguard Properties License #02049359 Listed on: 07/24/2024

Vanguard Properties

Last Buyer's Agent

Doyle Keeton

Golden Gate Sothebys Internati License #02057464

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 10,803

HOA Fees

  • $696 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Enclosed Parking
  • Auto Driveway Gate
  • Assigned Parking

Home Design

  • Penthouse

Interior Spaces

  • 1,029 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Utilities

  • Multiple Heating Units
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 010-0769-080

Community Details

Overview

  • Association fees include common areas, elevator, insurance on structure, maintenance exterior, ground maintenance, management, roof, sewer, trash, water
  • Montecito HOA, Phone Number (925) 746-0542
  • Mid-Rise Condominium

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Year Built

Built in 1971 | Remodeled

Lot Details

0

HOA Fees

$696 per month

Parking

1

Listing Details

  • Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Mid-Rise (4-8)
  • Directions To Property: Adams Point and a block from the Whole Foods. It's on Montecito Ave between Bay Place and Lee Street.
  • Stories: 4
  • Levels: One
  • Special Features: None

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 2
  • Flooring: Laminate
  • Square Footage: 1029.00
  • Bathrooms: 2
  • Main Level: Bedroom(s), Family Room, Full Bath(s), Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Lot Features: Private
  • Property Condition: Updated/Remodeled

Garage/Parking

  • Parking Features: Assigned, Attached, Enclosed
  • Total Parking Spaces: 1.00
  • Garage Spaces: 1.00
  • Driveway/Sidewalks: Gated

Utilities

  • Cooling: Ceiling Fan(s)
  • Sewer: In & Connected
  • Utilities: Cable Available
  • Water Source: Water District
  • Heating: MultiUnits
  • Laundry Features: See Remarks

Association/Amenities

  • Unit: 306
  • Association Features: Laundry Coin

Condo/Co-op/Association

  • Association Fee: 696
  • Association Fee Frequency: Monthly
  • Association Name: Montecito HOA
  • Association Phone: (925) 746-0542
  • Location of Unit: Penthouse(s)

Fee Information

  • Association Fee Includes: Common Areas, Elevator, Insurance on Structure, Maintenance Exterior, Maintenance Grounds, Management, Roof, Sewer, Trash, Water

Lot Info

  • Assessor Parcel Number: 010-0769-080

Building Info

  • Year Built: 1971

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2024
Closed on
Dec 13, 2024
Sold by
Hoenig-Libert Living Trust and Libert Louis
Bought by
Wang Alexis
Seller's Agent
Ian Ivarson
Vanguard Properties
Buyer's Agent
Doyle Keeton
Golden Gate Sothebys Internati
List Price
$649,000
Sold Price
$530,000
Premium/Discount to List
-$119,000
-18.34%
Views
22
Current Estimated Value
$539,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,198
Avg. Annual Appreciation
1.65%
Original Mortgage
$374,000
Outstanding Balance
$371,059
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$168,139

Purchase Details

Closed on
Dec 4, 2018
Sold by
Libert Louis and Hoenig Helene
Bought by
Libert Louis and Hoenig Helene

Purchase Details

Closed on
Oct 9, 2007
Sold by
Vignapiano Thomas
Bought by
Hoenig Helene M and Libert Louis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2003
Sold by
Elzy Earl Bertrand and Elzy Eimear
Bought by
Vignapiano Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 1998
Sold by
Elzy Earl B and Elzy Eimear
Bought by
Elzy Earl Bertrand and Elzy Eimear

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,500
Interest Rate
7.13%
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
Wang Alexis $530,000 Old Republic Title Company
Libert Louis -- None Available
Hoenig Helene M $420,000 Fidelity National Title
Vignapiano Thomas $295,000 Placer Title Company
Elzy Earl Bertrand -- Mfi Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Alexis $374,000
Previous Owner Hoenig Helene M $150,000
Previous Owner Vignapiano Thomas $236,000
Previous Owner Elzy Earl Bertrand $26,500
Closed Vignapiano Thomas $29,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2024 12/20/24 Sold $530,000 -3.5% $515 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
10/28/2024 10/28/24 Price Changed $549,000 -4.4% $534 / Sq Ft
10/02/2024 10/02/24 Price Changed $574,000 -4.2% $558 / Sq Ft
08/29/2024 08/29/24 Price Changed $599,000 -7.7% $582 / Sq Ft
07/24/2024 07/24/24 For Sale $649,000 -- $631 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $8,532 $530,000 $159,000 $371,000
2024 $8,532 $533,824 $162,247 $378,577
2023 $8,933 $530,224 $159,067 $371,157
2022 $8,685 $512,828 $155,948 $363,880
2021 $8,279 $502,640 $152,892 $356,748
2020 $8,187 $504,415 $151,324 $353,091
2019 $7,863 $494,528 $148,358 $346,170
2018 $7,699 $484,834 $145,450 $339,384
2017 $7,397 $475,330 $142,599 $332,731
2016 $7,137 $466,010 $139,803 $326,207
2015 $7,098 $459,013 $137,704 $321,309
2014 $6,121 $377,000 $113,100 $263,900
Source: Public Records

Agents Affiliated with this Home

  • Ian Ivarson

    Seller's Agent in 2024

    Ian Ivarson

    Vanguard Properties

    (415) 606-6520

    1 in this area

    35 Total Sales

    Ian Ivarson
    Section Image

  • D

    Buyer's Agent in 2024

    Doyle Keeton

    Golden Gate Sothebys Internati

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324058507

Bay Area Real Estate Information Services (BAREIS)

APN: 010-0769-080-00

California Alameda County Oakland 94610 Adams Point

199 Montecito Ave Unit 306, Oakland, CA

Not Listed for Sale

Condos

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