NOT LISTED FOR SALE

377 Palm Ave Unit 401 Oakland, CA 94610

Adams Point Neighborhood

Estimated Value: $594,000 - $667,562

2 Beds
2 Baths
1,207 Sq Ft
$653/mo HOA Fee

Last Sold March 07, 2024

Last sale price $718,000 $595 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $4,952/month

14 Days on Market

Highlights

  • Unit is on the top floor
  • Rooftop Deck
  • Contemporary Architecture
  • Oakland Technical High School Rated A
  • City View
  • Bonus Room

About This Home

As of March 2024

This bright & swanky 1970s 2BD/2BA Adams Point Penthouse Condo offers the discerning buyer the rare opportunity for outdoor access from every room, the luxury of multiple rooftop patios AND room to grow via a bonus den/home office. 377 Palm Ave #401, which spans the top floor of the lovely Palm Manor 24-unit complex, greets visitors with a large formal LR/DR combo with walls of windows, a gas fireplace, and 2 roof-top patios with views toward downtown, all ready for family, friends & fun. The well-conceived floor plan also features a galley kitchen close to the dining area, a large primary suite tucked privately at the unit's rear with its own patio, a 2nd ample BD with patio, a guest BA, and a 3rd bonus room that could be the perfect home office, media room den or 3rd BD (buyers to verify). High ceilings, fresh paint and carpets run throughout this 70s vintage classic. In-unit laundry, a secure building, and deeded one-car parking in a gated garage with bike storage completes this comprehensive offering. Excellent central location, close to Lakeshore/Grand Lake shopping, dining & local markets including Whole Foods and Trader Joes, plus easy public transit and freeway commute access. For size, layout, location and price, this rare penthouse is not to be missed!

Last Agent to Sell the Property

Andrew De Vries

Berkshire Hathaway-Franciscan License #01368031 Listed on: 02/01/2024

Berkshire Hathaway-Franciscan

Last Buyer's Agent

Katie Pratt

Kai Real Estate License #02021256

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,618

Year Built

  • Built in 1970

Lot Details

  • 10,420

HOA Fees

  • $653 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 1,207 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Living Room with Fireplace
  • Family or Dining Combination
  • Bonus Room
  • City Views

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Synthetic Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Parking

  • 1 Parking Space
  • Enclosed Parking
  • Covered Parking
  • Open Parking

Utilities

  • Baseboard Heating
  • Radiant Heating System

Additional Features

  • Rooftop Deck
  • Southeast Facing Home
  • Unit is on the top floor

Community Details

  • Association fees include homeowners insurance, maintenance exterior, ground maintenance, management, sewer, trash, water
  • 24 Units
  • Palm Manor Association, Phone Number (800) 341-8140

Listing and Financial Details

  • Assessor Parcel Number 010-0786-058

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,618

Year Built

Built in 1970

Lot Details

0

HOA Fees

$653 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Attached
  • Architectural Style: Contemporary
  • Property Faces: Southeast
  • Levels: One
  • Location Of Unit: Top Floor
  • Year Built: 1970
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Fireplaces: 1
  • Fireplace Features: Living Room
  • Bedrooms: 2
  • Master Bathroom Features: Shower Stall(s)
  • Master Bedroom Features: Balcony
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room Features: Dining/Family Combo
  • Appliances: Dishwasher, Free Standing Electric Oven, Free Standing Electric Range
  • Bathroom Features: Tub w/Shower Over
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Formal Entry
  • Kitchen Features: Synthetic Counter
  • Main Level: Bedroom(s), Family Room, Full Bath(s), Kitchen, Living Room, Primary Bedroom
  • Price Per Square Foot: 594.86
  • Room Type: Bonus Room, Living Room, Primary Bathroom, Primary Bedroom
  • Square Footage: 1207.00

Exterior Features

  • Driveway Sidewalks: Paved Driveway, Paved Sidewalk
  • Patio And Porch Features: Uncovered Deck
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Access: Independent
  • Parking Features: Covered, Enclosed, Interior Access
  • Parking Fees: No
  • Parking Type: On Site - Mapped (Condo Only)
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Baseboard, Radiant
  • Security Features: Secured Access
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Unit: 401
  • Association Fee: 653
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Homeowners Insurance, Maintenance Exterior, Maintenance Grounds, Management, Sewer, Trash, Water
  • Phone: (800) 341-8140

Association/Amenities

  • Association Name: Palm Manor Association

Schools

  • School District: Alameda

Lot Info

  • Assessor Parcel Number: 010-0786-058
  • Lot Size Acres: 0.2392
  • Lot Size Sq Ft: 10419.00
  • Lot Size Units: SqFt
  • Price Per Acre: 3001672.24

Multi Family

  • Number Of Units: 24

MLS Schools

  • School District County: Alameda

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2024
Closed on
Mar 5, 2024
Sold by
Ken Ross Living Trust and Csc Fiduciaries Inc
Bought by
Youngblood Matthew T
Seller's Agent
Andrew De Vries
Berkshire Hathaway-Franciscan
Buyer's Agent
Katie Pratt
Kai Real Estate
List Price
$678,000
Sold Price
$718,000
Premium/Discount to List
$40,000
5.9%
Total Days on Market
14
Views
28
Current Estimated Value
$622,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,109
Avg. Annual Appreciation
-10.83%
Original Mortgage
$574,400
Outstanding Balance
$567,673
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving
Estimated Equity
$55,218

Purchase Details

Closed on
Aug 7, 2014
Sold by
Ross Kenneth M
Bought by
Ross Kenneth Milton

Purchase Details

Closed on
Aug 9, 1995
Sold by
Nielsen Stanley B
Bought by
Ross Kenneth M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Youngblood Matthew T $718,000 Old Republic Title Company
Ross Kenneth Milton -- None Available
Ross Kenneth M $160,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Youngblood Matthew T $574,400
Previous Owner Ross Kenneth M $105,800
Previous Owner Ross Kenneth M $122,000
Previous Owner Ross Kenneth M $124,000
Previous Owner Ross Kenneth M $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $718,000 +5.9% $595 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $678,000 -- $562 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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
2024 $9,618 $620,000 $186,000 $434,000
2023 $4,923 $248,464 $76,639 $178,825
2022 $4,736 $243,457 $75,137 $175,320
2021 $4,410 $238,547 $73,664 $171,883
2020 $4,357 $243,030 $72,909 $170,121
2019 $4,115 $238,264 $71,479 $166,785
2018 $4,025 $233,594 $70,078 $163,516
2017 $3,835 $229,015 $68,704 $160,311
2016 $3,875 $224,525 $67,357 $157,168
2015 $3,851 $221,154 $66,346 $154,808
2014 $3,819 $216,823 $65,047 $151,776
Source: Public Records

Agents Affiliated with this Home

  • Andrew De Vries

    Seller's Agent in 2024

    Andrew De Vries

    Berkshire Hathaway-Franciscan

    (415) 585-5200

    2 in this area

    351 Total Sales

    Andrew De Vries
    Section Image
  • Katie Pratt

    Buyer's Agent in 2024

    Katie Pratt

    Kai Real Estate

    (855) 405-0442

    1 in this area

    37 Total Sales

    Katie Pratt
    Section Image
See All Agents

Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424004258

San Francisco Association of REALTORS® MLS

APN: 010-0786-058-00

California Alameda County Oakland 94610 Adams Point

377 Palm Ave Unit 401, Oakland, CA

This home is located at 377 Palm Ave Unit 401, Oakland, CA 94610 since 01 February 2024 and is currently estimated at $622,891, approximately $516 per square foot. This property was built in 1970. 377 Palm Ave Unit 401 is a home located in Alameda County with nearby schools including Piedmont Avenue Elementary School, Westlake Middle School, and Oakland Technical High School.

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