NOT LISTED FOR SALE

Estimated Value: $451,000 - $660,000

1 Bed
1.5 Baths
924 Sq Ft
$330/mo HOA Fee

Last Sold November 23, 2020

Last sale price $705,000 $763 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $4,377/month

19 Days on Market

Highlights

  • Fitness Center
  • City Lights View
  • Contemporary Architecture
  • Lincoln Elementary School Rated 9+
  • Updated Kitchen
  • Corner Lot

About This Home

As of November 2020

Authentic live/work loft in the heart of Jack London warehouse district at New Market Lofts, the former Safeway Headquarters. The epitome of industrial chic, the high ceilings and polished concrete floors are paired with modern finishes to create a unique live/work environment. The open floor plan featuring A recently renovated chef's kitchen, with all new cabinets, stainless top of the line appliances, quartz countertop and breakfast bar, is perfect for work or entertaining. Elevated bedroom has a large walk in closet and leads to the split bathroom with two sinks and vanities. New LG washer/dryer combo is located in laundry closet. Abundant sunlight with the 5th floor western exposure. Garage parking for one car but why drive when commuting is a snap with close by BART, AC Transit, Broadway shuttle, Amtrak and Ferry to SF. With a myriad of trendy cafes, eateries, and breweries/wineries all near nearby, this unit is the perfect home for those seeking comfort and convenience.

Last Agent to Sell the Property

Ann Wilkins

Golden Gate Sothebys International Realty License #01809131 Listed on: 10/07/2020

Golden Gate Sothebys International Realty

Last Buyer's Agent

Amy Robeson

Vanguard Properties License #01433093

Vanguard Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,469

Year Built

  • Built in 1928

Lot Details

  • 0.35

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Tuck Under Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Concrete Flooring
  • City Lights Views

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Stone Countertops

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Home Security

Accessible Home Design

  • Stepless Entry

Utilities

  • Cooling Available
  • Individual Controls for Heating
  • Thermostat

Listing and Financial Details

  • Assessor Parcel Number 115592

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, hazard insurance, management fee, reserves, trash, water/sewer
  • 54 Units
  • Common Interest Management Association, Phone Number (925) 743-3080
  • Jack London Subdivision

Recreation

  • Fitness Center

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,469

Year Built

Built in 1928

Lot Details

0

HOA Fees

$330 per month

Parking

1

Listing Details

  • Year Built: 1928
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: JACK LONDON
  • Directions: Jackson to 4th St.
  • Architectural Style: Contemporary
  • Building Name: New Market Lofts
  • Carport Y N: No
  • Entry Level: 5
  • Garage Yn: Yes
  • Unit Levels: Multi/Split, Two
  • New Construction: No
  • Efficiency: Thermostat, Windows
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Concrete
  • Basement: Full
  • Appliances: Dishwasher, Gas Range, Plumbed For Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Dryer, Washer, ENERGY STAR Qualified Appliances
  • Other Equipment: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: No Steps to Entry
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Elevator, Live/Work Unit, No Additional Rooms, Breakfast Bar, Stone Counters, Updated Kitchen
  • Room Kitchen Features: Breakfast Bar, Counter - Stone, Dishwasher, Gas Range/Cooktop, Ice Maker Hookup, Microwave, Refrigerator, Self-Cleaning Oven, Updated Kitchen

Exterior Features

  • Lot Features: Corner Lot, Level, Street Light(s)
  • Pool Features: None
  • Pool Private: No
  • View: City Lights
  • View: Yes
  • Construction Type: Brick
  • Exterior Features: No Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Assigned, Space Per Unit - 1, Below Building Parking

Utilities

  • Heating: Electric, Individual Rm Controls
  • Cooling: Ceiling Fan(s)
  • Laundry Features: Laundry Closet, Other, In Unit, Washer/Dryer Stacked Incl
  • Security: Fire Alarm, Fire Sprinkler System, Carbon Monoxide Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Fitness Center, Other
  • Association Fee: 330
  • Association Fee Frequency: Monthly
  • Association Name: COMMON INTEREST MANAGEMENT
  • Phone: 925-743-3080
  • Association: Yes
  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Exterior Maintenance, Hazard Insurance, Management Fee, Reserves, Trash, Water/Sewer

Schools

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

Lot Info

  • Lot Size Sq Ft: 954
  • Parcel Number: 115592
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Nov 15, 2020
Sold by
Otis Jennie
Bought by
Chang Emily Z and Nakamoto Peter
Seller's Agent
Ann Wilkins
Golden Gate Sothebys International Realty
Buyer's Agent
Amy Robeson
Vanguard Properties
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%
Current Estimated Value
$559,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,276
Avg. Annual Appreciation
-5.00%
Original Mortgage
$564,000
Outstanding Balance
$504,165
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$49,480

Purchase Details

Closed on
Mar 23, 2016
Sold by
Otis Ryan
Bought by
Otis Jennie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2016
Sold by
Montanaro Jack
Bought by
Otis Jennie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2016
Sold by
Montanaro Candace
Bought by
Montanaro Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2005
Sold by
Gerlen James Scott
Bought by
Montanaro Jack and Montanaro Candace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2002
Sold by
New Market Lofts Llc
Bought by
Gerien James Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,500
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
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
Chang Emily Z $10,318,636 Chicago Title
Otis Jennie -- Old Republic Title Company
Otis Jennie $625,000 Old Republic Title Company
Montanaro Jack -- Old Republic Title Company
Montanaro Jack $510,000 Fidelity National Title
Gerlen James Scott -- Fidelity National Title
Gerien James Scott $345,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chang Emily Z $564,000
Previous Owner Otis Jennie $468,750
Previous Owner Montanaro Jack $400,000
Previous Owner Gerien James Scott $309,500
Previous Owner Gerien James Scott $34,500
Closed Gerien James Scott $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $705,000 -- --
11/23/2020 11/23/20 Sold $705,000 +0.9% $763 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $699,000 -- $756 / 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
2025 $11,469 $756,105 $228,931 $534,174
2024 $11,469 $741,145 $224,443 $523,702
2023 $12,030 $733,481 $220,044 $513,437
2022 $11,667 $712,100 $215,730 $503,370
2021 $11,189 $698,000 $211,500 $493,500
2020 $10,873 $676,511 $202,953 $473,558
2019 $10,482 $663,250 $198,975 $464,275
2018 $10,259 $650,250 $195,075 $455,175
2017 $9,872 $637,500 $191,250 $446,250
2016 $8,455 $550,000 $165,000 $385,000
2015 $7,559 $480,000 $144,000 $336,000
2014 $7,345 $450,000 $135,000 $315,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40923933

bridgeMLS

APN: 001-0155-092-00