$640,000
SOLD AUG 27, 2024

2336 Magnolia St Unit 4 Oakland, CA 94607

West Oakland Neighborhood
1 Bed
2 Baths
1,328 Sq Ft
$217/mo HOA Fee

Recently Sold

$482 Per Sq Ft

1% Below List Price

5 Days on Market

Highlights

  • Gated Community
  • 0.31 Acre Lot
  • Corner Lot
  • Updated Kitchen
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of August 2024

Extraordinary opportunity to own one of only 11 units at the highly sought-after and rarely available Blue Cap Lofts. This brick and timber building was built as a dry goods warehouse in the 1920s. Its conversion to loft-style condominiums was completed in 2015. Unit 4 is a bi-level home featuring a lofted bedroom suite with tons of storage and a full bath. The living area is open to the kitchen with a large island, gas range, and plenty of cabinetry. A second full bath and laundry are also on the main level. The building has bike storage and one deeded parking space per unit. This area of West Oakland is so vibrant. The neighborhood is super hot thanks to Soba Ichi, Pacific Pipe, and the Oakland Ballers. Prescott Market Hall will be opening soon. Now is the time to take a look at this once again up and coming area.

Last Agent to Sell the Property

Sarah Marcus

License #01967832

Last Buyer's Agent

Rama Mehra

License #01463395

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,118

Year Built

  • Built in 2015

HOA Fees

  • $217 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Built-In Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Forced Air Heating System

Additional Features

  • 2-Story Property
  • Urban Location

Listing and Financial Details

  • Assessor Parcel Number 542630

Community Details

Overview

  • Association fees include reserves, trash, water/sewer, insurance, ground maintenance
  • 11 Units
  • Not Listed Association
  • West Oak Subdivision

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,118

Year Built

Built in 2015

Lot Details

0

HOA Fees

$217 per month

Listing Details

  • Stories: 2
  • Year Built: 2015
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.31
  • Subdivision Name: WEST OAK
  • Directions: 24th Street to Magnolia
  • Building Name: Blue Cap Lofts
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two Story
  • New Construction: No
  • Structure Type: Conversion
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Dishwasher, Gas Range, Microwave, Range, Refrigerator, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Conversion, Eat-in Kitchen, Kitchen Island, Updated Kitchen
  • Room Kitchen Features: Dishwasher, Eat In Kitchen, Gas Range/Cooktop, Island, Microwave, Range/Oven Built-in, Refrigerator, Updated Kitchen

Exterior Features

  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Brick
  • Exterior Features: No Yard
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Space Per Unit - 1, Uncovered Parking Space
  • Total Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: Dryer, Washer, In Unit
  • Security: Secured Access
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated, Setting Urban
  • Association Fee: 217
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Reserves, Trash, Water/Sewer, Insurance, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 13632
  • Parcel Number: 542630
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Aug 16, 2024
Sold by
Alison Roberts Trust and Roberts Alison
Bought by
Lewis Tyler J and Wong Jessica S
Seller's Agent
Sarah Marcus
Buyer's Agent
Rama Mehra
List Price
$649,000
Sold Price
$640,000
Premium/Discount to List
-$9,000
-1.39%
Total Days on Market
5
Views
9
Current Estimated Value
$609,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,018
Avg. Annual Appreciation
-1.88%
Original Mortgage
$504,000
Outstanding Balance
$501,865
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$129,097

Purchase Details

Closed on
Oct 26, 2015
Sold by
2336 Magnolia Llc
Bought by
Roberts Alison

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
3.81%
Mortgage Type
Credit Line Revolving

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Similar Homes in the area

  • 485 Canyon Oaks Dr Unit J, Oakland, CA 94605

    $589,000

    • 2 Beds
    • 2.5 Baths
    • 1,316 Sq Ft
    • 485 Canyon Oaks Dr
    • Unit J
    • Oakland, CA

    Open House Today, Sunday, May 25th, 1:00-4:00. Discover serene living in this updated 2-story townhouse-style condo in the tranquil Shadow Woods gated community! This spacious 2-bedroom, 2.5-bath is a perfect blend of comfort, style & convenience. Welcoming front patio sets the tone for the recently updated interiors & desirable layout. There's space in all the right places w/ 1,316 sf & so many

    Margie Morris Christie's Intl RE Sereno

    Section Image
  • 2400 Adeline St Unit 101, Oakland, CA 94607

    $549,000

    • 3 Beds
    • 2 Baths
    • 1,446 Sq Ft
    • 2400 Adeline St
    • Unit 101
    • Oakland, CA

    At 1,446 sq.ft, this is the largest residence in the building. #101 is a brand new, 3 Bedroom, 2 Bath condominium located in the emerging section of West Oakland. Inspired by the area's industrial architecture, the building showcases a limited collection of 28 modern homes ranging from 900 to 1,450 sq. ft., all with private patios or balconies. Featuring thoughtful finishes and fixtures in the

    Garrett Frakes Polaris Pacific

    Section Image
  • 2400 Adeline St Unit 107, Oakland, CA 94607

    $539,000

    • 2 Beds
    • 2 Baths
    • 1,344 Sq Ft
    • 2400 Adeline St
    • Unit 107
    • Oakland, CA

    2400 Adeline #107 is a brand new, 2 Bedroom, 2 Bath,1.344sf condominium located in the emerging section of West Oakland. Inspired by the area's industrial architecture, the building showcases a limited collection of 28 modern homes ranging from 900 to 1,450 sq. ft., all with private patios or balconies. Featuring thoughtful finishes and fixtures in the homes, nearby amenities, and ample

    Garrett Frakes Polaris Pacific

    Section Image
  • 955 Edy Ln, Oakland, CA 94607

    $739,000

    • 3 Beds
    • 3 Baths
    • 1,546 Sq Ft
    • 955 Edy Ln
    • Oakland, CA

    Step into a modern oasis behind the gates of the coveted Ice House community! Completed in 2020 with energy efficiency in mind, this solar-powered townhouse delivers the perfect blend of contemporary style and everyday convenience. A rare amenity—both the front entry and garage lie inside the secured gates, lending an exclusive touch that sets this residence apart. Inside, you’ll find 3

    Azad Aramandla Keller Williams Realty

    Section Image
  • 958 28th St Unit 23, Emeryville, CA 94608

    $680,000

    • 2 Beds
    • 2 Baths
    • 1,471 Sq Ft
    • 958 28th St
    • Unit 23
    • Emeryville, CA

    Step into a piece of history with this industrial loft condo located in the iconic former Oakland Towel Company building. Exposed brick, wood beam ceilings, chandeliers, and a freestanding copper soaking tub are a few of the timeless features this unit has to offer. The flexible floor plan includes a ground-level living area, bedroom, bathroom, hidden storage, and convenient street access. The

    Matthew Pruitt Just Real Estate

    Section Image
  • 1545 32nd St Unit 301, Oakland, CA 94608

    $599,000

    • 3 Beds
    • 2 Baths
    • 1,282 Sq Ft
    • 1545 32nd St
    • Unit 301
    • Oakland, CA

    Stunning Brand-New Construction in Dogtown! Welcome to the vibrant Dogtown Arts District in Oakland, where 47 brand-new condominium homes await! These thoughtfully designed residences boast soaring ceilings, abundant natural light, and striking interior finishes throughout. TOP Floor three bedroom and two bathroom corner unit with soaring vaulted approximately 27 feet ceiling maximizing natural

    So Hyun Augustine Winkler Real Estate Group

    Section Image
  • 1545 32nd St Unit 203, Oakland, CA 94608

    $499,000

    • 2 Beds
    • 2 Baths
    • 907 Sq Ft
    • 1545 32nd St
    • Unit 203
    • Oakland, CA

    Next-level luxury blends approachable quality with refined simplicity. Hannah Row showcases sun-drenched, expansive floor plans that let you live large and comfortably. Offering 47 brand new condominium homes for sale. Soaring ceilings, tons of natural light, and fantastic interior design details await you as you tour these truly wonderful new homes. Unit 203 offers afternoon sun, urban views

    Daniel Winkler Winkler Real Estate Group

    Section Image
  • 1565 32nd St Unit 3, Emeryville, CA 94608

    $499,000

    • 2 Beds
    • 2.5 Baths
    • 1,282 Sq Ft
    • 1565 32nd St
    • Unit 3
    • Emeryville, CA

    Chic Loft-style Condo in Oakland’s West Clawson Neighborhood at the Emeryville border. Walkscore 86. Bikescore 95! This stylish loft was built in 2006 & is like new. High ceilings & expansive industrial-style windows. Open floor plan w/great flow. Lovely patio at rear. New wood grained style laminate floors on both levels. Two enclosed bedrooms; one on each level, both w/adjacent full bathrooms.

    Pier Porrino Corcoran Icon Properties

    Section Image
  • 3015 Myrtle St Unit 14, Emeryville, CA 94608

    $549,000

    • 1 Bed
    • 2 Baths
    • 1,600 Sq Ft
    • 3015 Myrtle St
    • Unit 14
    • Emeryville, CA

    Discover the cool blend of brick & timber charm and modern convenience in this stunning 2-story, 1,600 sq. ft. live-work loft located in the heart of W Oakland's dynamic Beaux Arts district. Formerly a warehouse, now a creative haven of 19 units, this residence, currently owned by a working artist, offers an alternative lifestyle opportunity. A spacious upper-level retreat enjoys a private bdrm &

    Sara Garabedian Red Oak Realty

    Section Image

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $640,000 Chicago Title
Grant Deed $575,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $504,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $640,000 -- --
08/27/2024 08/27/24 Sold $640,000 -1.4% $482 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $649,000 -- $489 / Sq Ft
Source: bridgeMLS

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 $10,118 $660,321 $200,196 $467,125
2023 $10,627 $654,240 $196,272 $457,968
2022 $10,352 $634,411 $192,423 $448,988
2021 $9,909 $621,837 $188,651 $440,186
2020 $9,800 $622,391 $186,717 $435,674
2019 $9,438 $610,190 $183,057 $427,133
2018 $9,240 $598,230 $179,469 $418,761
2017 $8,888 $586,500 $175,950 $410,550
2016 $8,498 $575,000 $172,500 $402,500
Source: Public Records

Source: bridgeMLS

MLS Number: 41068419

bridgeMLS

APN: 005-0426-030-00