NOT LISTED FOR SALE

Estimated Value: $505,094

1 Bed
1 Bath
731 Sq Ft
$477/ mo HOA Fee

Last Sold November 09, 2021

Last sale price $600,000 $821 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $3,933/month

7 Days on Market

Highlights

  • Gated Community
  • Updated Kitchen
  • Contemporary Architecture
  • Lincoln Elementary School Rated 9+
  • 0.4 Acre Lot
  • Corner Lot

About This Home

As of November 2021

One block from Lake Merritt’s Lakeside Park, this 1-bedroom condo is in the swanky and desirable Van Buren Tower. The updated kitchen features solid wood cabinets, tile floor, and concrete counters. Floor-to-ceiling windows fill the home with bright natural light during the day, and the twinkle of lights from the lakeside neighborhoods at night, all of which can be witnessed from the wood-covered balcony, conveniently accessed from the living room or bedroom. Original parquet wood floors reflect the mid-century vibe, and a modern bathroom remodel adds to the updated charm. The security garage, two elevators, storage space, and guest parking make living here a dream come true!

Last Agent to Sell the Property

Kimberly Markison

Red Oak Realty License #01903080 Listed on: 10/08/2021

Red Oak Realty

Last Buyer's Agent

David Poulsen

Exp Realty Of California, Inc License #01876196

Exp Realty Of California, Inc

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1965

Lot Details

  • 0.4

HOA Fees

  • $477 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Tuck Under Parking
  • Side by Side Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Concrete Block With Brick

Interior Spaces

  • 1-Story Property
  • Security Gate

Kitchen

  • Updated Kitchen
  • Electric Cooktop
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Individual Controls for Heating
  • Wall Furnace

Additional Features

  • Stepless Entry
  • Rectangular Lot

Listing and Financial Details

  • Assessor Parcel Number 1077462

Community Details

Overview

  • Association fees include common area maintenance, common hot water, hazard insurance, management fee, insurance, ground maintenance, reserves, security/gate fee, trash, water/sewer
  • 68 Units
  • Van Buren Tower Association, Phone Number (925) 932-4596
  • Adams Point Subdivision

Additional Features

  • Coin Laundry
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1965

Lot Details

0.4 Acres

HOA Fees

$477 per month

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.4
  • Subdivision Name: ADAMS POINT
  • Directions: Grand Ave to Lee St
  • Architectural Style: Contemporary
  • Building Name: Vanburen Tower
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: Yes
  • Unit Levels: One Story, One
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Parquet, Tile
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: No Steps to Entry
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Elevator, Storage, Counter - Solid Surface, Pantry, Updated Kitchen
  • Room Kitchen Features: Counter - Solid Surface, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Pantry, Refrigerator, Updated Kitchen

Exterior Features

  • Lot Features: Corner Lot, Regular, Landscape Misc, Security Gate
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Concrete Block
  • Exterior Features: Other
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Garage, Secured, Space Per Unit - 1, Guest, Below Building Parking, Side By Side, Garage Door Opener
  • Total Parking Spaces: 1

Utilities

  • Heating: Electric, Individual Rm Controls, Wall Furnace
  • Utilities: All Electric
  • Cooling: None
  • Laundry Features: Coin Operated, Community Facility, Laundry Room
  • Security: Security Gate
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Solar Unknown
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated, Other, Electric Metered, Guest Parking, Laundry
  • Association Fee: 477
  • Association Fee Frequency: Monthly
  • Association Name: VAN BUREN TOWER
  • Phone: 925-932-4596
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Common Hot Water, Hazard Insurance, Management Fee, Insurance, Maintenance Grounds, Reserves, Security/Gate Fee, Trash, Water/Sewer

Lot Info

  • Lot Size Sq Ft: 17192
  • Parcel Number: 1077462
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2021
Closed on
Nov 3, 2021
Sold by
Lerner Frances H and Shambrook Kevin P
Bought by
Sun Iris
Seller's Agent
Kimberly Markison
Red Oak Realty
Buyer's Agent
David Poulsen
Exp Realty Of California, Inc
List Price
$499,000
Sold Price
$600,000
Premium/Discount to List
$101,000
20.24%
Current Estimated Value
$505,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$94,906
Avg. Annual Appreciation
-3.85%
Original Mortgage
$480,000
Outstanding Balance
$439,161
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$65,933

Purchase Details

Closed on
Jul 6, 2018
Sold by
Southey Trevor K and Macaulay Kirsten N
Bought by
Shambrook Lerner Frances H

Purchase Details

Closed on
Jul 19, 2011
Sold by
Johnson Steven A
Bought by
Southey Trevor K and Macaulay Kirsten N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2005
Sold by
Reinhart Maurice J
Bought by
Johnson Steven A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,800
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Sun Iris $600,000 Old Republic Title Company
Shambrook Lerner Frances H $632,000 Chicago Title Company
Southey Trevor K $240,000 Old Republic Title Company
Johnson Steven A -- Old Republic Title Company
Johnson Steven A $311,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sun Iris $480,000
Previous Owner Southey Trevor K $192,000
Previous Owner Johnson Steven A $248,800
Closed Johnson Steven A $46,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $600,000 -- --
11/09/2021 11/09/21 Sold $600,000 +20.2% $821 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $499,000 -- $683 / 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
2025 $9,583 $629,720 $191,016 $445,704
2024 $9,583 $617,240 $187,272 $436,968
2023 $10,055 $612,000 $183,600 $428,400
2022 $9,886 $593,000 $180,000 $420,000
2021 $10,322 $651,313 $195,394 $455,919
2020 $10,209 $644,640 $193,392 $451,248
2019 $9,840 $632,000 $189,600 $442,400
2018 $4,693 $264,933 $79,480 $185,453
2017 $4,489 $259,740 $77,922 $181,818
2016 $4,282 $254,647 $76,394 $178,253
2015 $4,255 $250,823 $75,247 $175,576
2014 $4,237 $245,910 $73,773 $172,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40970335

bridgeMLS

APN: 010-0774-062-00

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