NOT LISTED FOR SALE

2902 Morcom Ave Oakland, CA 94619

Maxwell Park Neighborhood

Estimated Value: $891,000 - $1,115,623

3 Beds
2 Baths
2,206 Sq Ft
$457/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $1,050,000 $476 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,599/month

41 Days on Market

Highlights

  • Granite Countertops
  • Enclosed Parking
  • Double Pane Windows
  • Breakfast Area or Nook
  • In-Law or Guest Suite
  • Side by Side Parking

About This Home

As of November 2023

This is a great SFH alternative with an income unit or to be used as a family compound. Rare opportunity to own a beautifully and recently remodeled duplex building in a tight knit community in sunny Oakland. The main, upstairs 3 bd/2baths dwelling with eat-in kitchen and great natural light throughout and the lower unit, with 2 bedrooms and 1 bath has a separate entrance. The entire building will be delivered vacant and the opportunities are endless, either by using it as a single family home with a rental unit for additional income, a multifamily home or an income property. . Both units have been tastefully remodeled and have their own washer/dryer. There are 2 backyard areas: a relaxing and inviting patio and a backyard with artificial turf. The 2 car garage is equipped with a 220 V EV charger. Proximity to I-580 makes commuting a breeze and seeing the Coliseum fireworks shows on special occasions from the comfort of your home is a special treat.

Last Agent to Sell the Property

Alina Aeby

Compass License #DRE #01729889 Listed on: 09/30/2023

Compass

Last Buyer's Agent

Daniel Lewis

Compass License #01894574

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988 | Remodeled

Lot Details

  • 3,144 Sq Ft Lot

Interior Spaces

  • 2,206 Sq Ft Home
  • Double Pane Windows
  • Combination Dining and Living Room
  • Laminate Flooring
  • Laundry in Kitchen

Kitchen

  • Breakfast Area or Nook
  • Free-Standing Gas Range
  • Range Hood
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Enclosed Parking
  • Side by Side Parking
  • Garage Door Opener

Additional Homes

  • Accessory Dwelling Unit (ADU)
  • Separate Entry Quarters

Utilities

  • Central Heating
  • 220 Volts

Community Details

  • Low-Rise Condominium

Listing and Financial Details

  • Assessor Parcel Number 36-2488-2-9

Home Details

Home Type

Single Family

Year Built

Built in 1988 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Attached, Flat, Low-Rise (1-3)
  • Property Condition: Updated/Remodeled
  • Remodeled/Updated: Yes
  • Remodeled Updated Desc: Bath 0-5YR, Kitchen 0-5YR
  • Year Built: 1988
  • Second Unit Private Entry: Yes
  • Accessory Dwelling Unit Second Unit: Yes
  • Special Features: None
  • Stories: 0

Interior Features

  • Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room Features: Breakfast Nook, Dining/Living Combo
  • Appliances: Dishwasher, Free Standing Gas Range, Free Standing Refrigerator, Hood Over Range
  • Flooring: Laminate
  • Kitchen Features: Breakfast Area, Granite Counter
  • Laundry Features: In Kitchen, Stacked Only
  • Lower Level: Bedroom(s), Full Bath(s), Garage, Kitchen, Street Entrance
  • Price Per Square Foot: 475.97
  • Room Type: In Law Apartment, Kitchen, Primary Bathroom, Primary Bedroom
  • Square Footage: 2206.00
  • Window Features: Dual Pane Full

Exterior Features

  • Driveway Sidewalks: Paved Driveway

Garage/Parking

  • Parking Access: Side by Side
  • Parking Features: Covered, Enclosed, Garage Door Opener, Interior Access
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 2.00

Utilities

  • Electric: 220 Volts
  • Heating: Central
  • Security Features: Carbon Mon Detector, Fire Alarm, Smoke Detector
  • Sewer: Public Sewer
  • Water Source: Meter Available

Lot Info

  • Assessor Parcel Number: 36-2488-2-9
  • Lot Size Acres: 0.0722
  • Lot Size Sq Ft: 3144.00
  • Lot Size Units: SqFt
  • Price Per Acre: 14542936.29

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Second Unit Estimated Sq Ft: 900
  • Second Unit Bedrooms: 2
  • Second Unit Description: Separate entrance
  • Second Unit Full Bathrooms: 1
  • Second Unit Kitchen: Yes
  • Second Unit Occupied: No
  • Second Unit Partial Bathrooms: 0
  • Second Unit Type: Detached

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2023
Closed on
Nov 14, 2023
Sold by
Chan Ronnie and Cheuk Ling
Bought by
Hill Brandon and Tytus Jori
Seller's Agent
Alina Aeby
Compass
Buyer's Agent
Daniel Lewis
Compass
List Price
$1,095,000
Sold Price
$1,050,000
Premium/Discount to List
-$45,000
-4.11%
Views
47
Current Estimated Value
$1,008,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,094
Avg. Annual Appreciation
-1.87%
Original Mortgage
$1,030,981
Outstanding Balance
$1,012,961
Interest Rate
7.49%
Mortgage Type
FHA
Estimated Equity
-$4,055

Purchase Details

Closed on
May 7, 2014
Sold by
Gusich Joseph A
Bought by
Chan Ronnie and Yu Cheuk Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,000
Interest Rate
4.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hill Brandon $1,050,000 Chicago Title
Chan Ronnie $571,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Brandon $1,030,981
Previous Owner Chan Ronnie $399,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2023 11/16/23 Sold $1,050,000 +5.1% $476 / Sq Ft
11/10/2023 11/10/23 Pending -- -- --
10/13/2023 10/13/23 Price Changed $999,000 -8.8% $453 / Sq Ft
09/30/2023 09/30/23 For Sale $1,095,000 -- $496 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $15,568 $1,071,000 $321,300 $749,700
2024 $15,568 $1,050,000 $315,000 $735,000
2023 $11,402 $672,763 $201,829 $470,934
2022 $11,033 $652,573 $197,872 $461,701
2021 $10,493 $639,645 $193,993 $452,652
2020 $10,376 $640,016 $192,005 $448,011
2019 $9,948 $627,471 $188,241 $439,230
2018 $9,740 $615,171 $184,551 $430,620
2017 $9,350 $603,112 $180,933 $422,179
2016 $9,055 $591,287 $177,386 $413,901
2015 $9,067 $582,408 $174,722 $407,686
Source: Public Records

Agents Affiliated with this Home

  • Alina Aeby

    Seller's Agent in 2023

    Alina Aeby

    Compass

    (415) 345-3189

    1 in this area

    25 Total Sales

    Alina Aeby
    Section Image
  • Daniel Lewis

    Buyer's Agent in 2023

    Daniel Lewis

    Compass

    (510) 735-7229

    2 in this area

    31 Total Sales

    Daniel Lewis
    Section Image
See All Agents

Map

Source: San Francisco Association of REALTORS®

MLS Number: 423913561

San Francisco Association of REALTORS®

APN: 036-2488-002-09

California Alameda County Oakland 94619 Maxwell Park

2902 Morcom Ave, Oakland, CA

Not Listed for Sale

Detached

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