NOT LISTED FOR SALE

2540 Potomac St Oakland, CA 94602

Lincoln Highlands Neighborhood

Estimated Value: $1,111,000 - $1,316,000

2 Beds
1 Bath
1,068 Sq Ft
$1,101/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $1,285,000 $1,203 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $7,774/month

11 Days on Market

Highlights

  • Updated Kitchen
  • Solid Surface Countertops
  • 1 Car Direct Access Garage
  • Wood Flooring
  • No HOA
  • Tankless Water Heater

About This Home

As of May 2021

New Listing. This charming Lincoln Heights Bugalow has been thoughtfully updated and offers an all level floor plan. The living room begins with a built-in bookcase with bench seating and seamlessly flows into the cozy formal dining room. Adjoined is an updated kitchen with stainless appliances to support the chef’s culinary dreams. A convenient laundry room is tucked away on the other side of the kitchen. The hall bathroom is ideally located between the common living spaces and the bedrooms. The main level is completed by two spacious and private bedrooms with views of the beautiful verdant backyard. The first bedroom is large with sundrenched corner windows. The second bedroom opens to a classic sunroom that is perfect for a home office. The backyard is an urban oasis offering multiple experiences including a patio for entertaining, level lawn area for play and a deck. Just minutes to shops, restaurants, parks and transportation.

Last Agent to Sell the Property

Regina Jacobs

The GRUBB Company License #01435429 Listed on: 04/09/2021

Last Buyer's Agent

Sean Fruth

Vanguard Properties License #01293763

Vanguard Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,029

Year Built

  • Built in 1947

Lot Details

  • 5,214 Sq Ft Lot
  • Fenced
  • Garden
  • Back Yard

Parking

  • 1 Car Direct Access Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Lincoln Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 29100231

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,029

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1947
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Subdivision Name: LINCOLN HEIGHTS
  • Directions: Lincoln Blvd to Potomac
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator, Dryer, Washer, Tankless Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Counter - Solid Surface, Updated Kitchen
  • Room Kitchen Features: Counter - Solid Surface, Dishwasher, Range/Oven Free Standing, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Lot Features: Level
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Wood Siding
  • Exterior Features: Back Yard, Garden
  • Other Structures: Shed(s)
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached, Int Access From Garage

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: Laundry Room
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5214
  • Parcel Number: 29100231
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 3, 2021
Sold by
Nichani Krisan R
Bought by
Miller Christopher and Miller Amanda
Seller's Agent
Regina Jacobs
The GRUBB Company
Buyer's Agent
Sean Fruth
Vanguard Properties
List Price
$799,000
Sold Price
$1,285,000
Premium/Discount to List
$486,000
60.83%
Current Estimated Value
$1,176,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$108,718
Avg. Annual Appreciation
-1.96%
Original Mortgage
$822,000
Outstanding Balance
$744,937
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$431,345

Purchase Details

Closed on
Aug 21, 2017
Sold by
Greer Naomi
Bought by
Nichani Krisan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2016
Sold by
Lievens Han and Lievens Emily S
Bought by
Greer Naomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2015
Sold by
Steele Emily and Lievens Han
Bought by
Lievens Han and Lievens Emily S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2014
Sold by
Odell Sally M
Bought by
Steele Emily and Lievens Han

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,204
Interest Rate
3.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 1998
Sold by
Thulien Dallyce and Miller Thomas R
Bought by
Odell Sally M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
7.14%

Purchase Details

Closed on
Oct 18, 1993
Sold by
Miller Thomas Richard
Bought by
Thulien Dallyce and Miller Thomas Richard
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
Miller Christopher $1,285,000 Old Republic Title Company
Nichani Krisan R $860,000 Fidelity National Title Co
Greer Naomi $825,000 Cornerstone Title Company
Lievens Han -- Chicago Title Company
Steele Emily $596,000 Chicago Title Company
Odell Sally M $159,000 Commonwealth Land Title Co
Thulien Dallyce -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Christopher $822,000
Previous Owner Nichani Krisan R $688,000
Previous Owner Greer Naomi $618,750
Previous Owner Lievens Han $518,000
Previous Owner Steele Emily $585,204
Previous Owner Odell Sally M $127,200
Closed Odell Sally M $31,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,285,000 -- --
05/12/2021 05/12/21 Sold $1,285,000 +60.8% $1,203 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $799,000 -- $748 / 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 $19,029 $1,383,908 $417,272 $973,636
2024 $19,029 $1,356,641 $409,092 $954,549
2023 $20,123 $1,336,913 $401,074 $935,839
2022 $19,691 $1,303,700 $393,210 $917,490
2021 $13,906 $904,005 $271,201 $632,804
2020 $13,754 $894,743 $268,423 $626,320
2019 $13,303 $877,200 $263,160 $614,040
2018 $13,023 $860,000 $258,000 $602,000
2017 $12,434 $841,500 $252,450 $589,050
2016 $9,275 $617,175 $185,152 $432,023
2015 $9,225 $607,907 $182,372 $425,535
2014 $3,870 $217,357 $62,130 $155,227
Source: Public Records

Agents Affiliated with this Home

  • Regina Jacobs

    Seller's Agent in 2021

    Regina Jacobs

    The GRUBB Company

    (510) 693-7973

    11 in this area

    157 Total Sales

    Regina Jacobs
    Section Image
  • Sean Fruth

    Buyer's Agent in 2021

    Sean Fruth

    Vanguard Properties

    (510) 883-7000

    1 in this area

    65 Total Sales

    Sean Fruth
    Section Image
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Map

Source: bridgeMLS

MLS Number: 40944875

bridgeMLS

APN: 029-1002-003-01

California Alameda County Oakland 94602 Lincoln Highlands

2540 Potomac St, Oakland, CA

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bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. 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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