NOT LISTED FOR SALE

2911 Nicol Ave Oakland, CA 94602

School Neighborhood

Estimated Value: $799,000 - $954,524

6 Beds
2 Baths
2,351 Sq Ft
$362/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $850,000 $362 Per Sq Ft

Current estimated payment $5,624/month

19 Days on Market

Highlights

  • Victorian Architecture
  • Forced Air Heating System
  • 3-minute walk to Gwen Jackson Park
  • 2 Car Garage

About This Home

As of July 2022

Victorian duplex with incredible potential located in Oakland's Fruitvale District. Each unit is 3br and 1ba - both spacious and loaded with period detail and charm. Large functional kitchens, updated bathroom and in unit washer/dryer. 1 detached and 1 attached garage plus driveway parking. Oversized lot with mature fruit trees. Large unfinished basement provides potential for additional unit or ADU (buyer to investigate). Upstairs unit is currently vacant and long term cooperative tenant in downstairs unit. Fenced front and rear yards. Centrally located: easy access to 580. 1 block to Fruitvale bus.

Last Agent to Sell the Property

Stephen Marshall

Christie's International Real Estate Sereno License #01487186 Listed on: 05/25/2022

Christie's International Real Estate Sereno

Co-Listed By

Jill Penna

Christie's International Real Estate Sereno License #01895080

Last Buyer's Agent

Helen Melake

Big Block Realty North License #02108722

Big Block Realty North

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,277

Year Built

  • 1904

Lot Details

  • 7,501 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Victorian Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,351 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating System
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $70,800

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $600
  • Insurance Expense $1,200
  • Maintenance Expense $1,000
  • Utility Expense $2,400
  • Operating Expense $11,200
  • Gross Income $70,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,277

Year Built

1904

Lot Details

0

Parking

2

Listing Details

  • Zoning: r3
  • Subclass: Duplex
  • Style: Victorian
  • Age: 118
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2351
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1904

Interior Features

  • Living Sq Ft: 2351
  • Stories: 2
  • Laundry: Hookups Only

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Detached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Oakland Unified

Lot Info

  • Lot Acres: 0.1722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7500.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7500.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 11.29
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Gas Meters
  • Expense Insurance: 1200
  • Expense Landscape: 600
  • Expense Maintenance: 1000
  • Expenses Total: 11200
  • Expenses Utility: 2400
  • Income Annual Gross: 70800.00
  • Income Annual Rental: 70800
  • Income Gross Scheduled: 70800
  • Income Includes: Rents
  • Meters: Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Services - Gardener, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 12, 2022
Sold by
82 Hillside Llc
Bought by
Tilahun Metasebya
Seller's Agent
Stephen Marshall
Christie's International Real Estate Sereno
Buyer's Agent
Helen Melake
Big Block Realty North
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%
Current Estimated Value
$851,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,381
Avg. Annual Appreciation
0.05%
Original Mortgage
$850,000
Outstanding Balance
$809,651
Interest Rate
5.23%
Mortgage Type
Construction
Estimated Equity
$41,730

Purchase Details

Closed on
May 16, 2014
Sold by
Cox John G and Cox Stacy J
Bought by
82 Hillside Llc

Purchase Details

Closed on
Jan 28, 2009
Sold by
King Noreen and Bowden Attica
Bought by
Cox John G and Cox Stacey J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2005
Sold by
Lam Gin Point and Lam Bing Jim
Bought by
King Noreen and Bowden Attica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2000
Sold by
Lam Wai Ching
Bought by
Lam Gin Point and Lam Bing Jim
Source: Public Records

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

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
Tilahun Metasebya $850,000 Fidelity National Title
82 Hillside Llc $461,000 Chicago Title Company
Cox John G $350,000 First American Title Company
King Noreen $690,000 Commonwealth Land Title
Lam Gin Point -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tilahun Metasebya $850,000
Previous Owner Cox John G $300,000
Previous Owner King Noreen $552,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2022 07/26/22 Sold $850,000 +6.4% $362 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $799,000 -- $340 / Sq Ft
Source: MLSListings

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 $13,277 $877,340 $265,302 $619,038
2024 $13,277 $860,000 $260,100 $606,900
2023 $13,930 $850,000 $255,000 $595,000
2022 $9,470 $532,510 $159,753 $372,757
2021 $8,965 $522,072 $156,621 $365,451
2020 $8,863 $516,720 $155,016 $361,704
2019 $8,472 $506,592 $151,977 $354,615
2018 $8,294 $496,662 $148,998 $347,664
2017 $7,953 $486,925 $146,077 $340,848
2016 $7,683 $477,378 $143,213 $334,165
Source: Public Records

Agents Affiliated with this Home

  • Stephen Marshall

    Seller's Agent in 2022

    Stephen Marshall

    Sereno Group

    (650) 455-1528

    1 in this area

    123 Total Sales

    Stephen Marshall
    Section Image
  • Jill Penna

    Seller Co-Listing Agent in 2022

    Jill Penna

    Sereno Group

    (415) 244-8630

    1 in this area

    30 Total Sales

    Jill Penna
    Section Image
  • Helen Melake

    Buyer's Agent in 2022

    Helen Melake

    Big Block Realty North

    (510) 703-2274

    1 in this area

    25 Total Sales

    Helen Melake
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81893321

MLSListings

APN: 027-0855-025-00

California Alameda County Oakland 94602 School

2911 Nicol Ave, Oakland, CA

This home is located at 2911 Nicol Ave, Oakland, CA 94602 since 25 May 2022 and is currently estimated at $851,381, approximately $362 per square foot. This property was built in 1904. 2911 Nicol Ave is a home located in Alameda County with nearby schools including Fruitvale Elementary School, Bret Harte Middle School, and Skyline High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes