NOT LISTED FOR SALE

409 Martin Luther King jr Way Oakland, CA 94607

Jack London Square Neighborhood

Estimated Value: $573,133 - $698,000

2 Beds
1 Bath
899 Sq Ft
$700/Sq Ft Est. Value

Last Sold April 14, 2021

Last sale price $600,000 $667 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,338/month

9 Days on Market

About This Home

As of April 2021

Literally the worst house on the block, so look at the potential for your investment. Put your vision to work, bring your tape measure, sander, hammer and nails. It's your chance to use all those skills you've learned on HGTV . Location is conveniently located 3 blocks to Jack London Square one way, 3 blocks to the new proposed stadium another way and only 1 block to the nearest bart if you want to catch a ride. If you just want to see bart gaze up, it runs just over the side of the property. The possibilities are endless with this property! It is being sold "AS IS".

Last Agent to Sell the Property

Melody Royal

BHG REAL ESTATE ROYAL & ASSOC. License #00873969 Listed on: 03/01/2021

Last Buyer's Agent

Adel Nahshal

Better Homes and Gardens RP License #01850314

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,281

Year Built

1891

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Co List Office Mls Id: DPRUDC03
  • Subdivision Name: N OAKLAND
  • Directions: Brush to 5th to Martin Luther Kings Jr Way
  • Efficiency: None
  • Special Features: None
  • Year Built: 1891

Interior Features

  • Appliances: Free-Standing Range
  • Other Equipment: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Brick, Other
  • Fireplaces: 1
  • Total Bedrooms: 5
  • Stories: 1

Exterior Features

  • Construction Type: Wood Siding
  • Foundation Details: Brick
  • Property Condition: Existing
  • Roof: Shingle

Garage/Parking

  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Workshop in Garage, Garage Faces Front

Utilities

  • Laundry Features: Washer, Inside Room
  • Cooling: None
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Name: DELTA

Lot Info

  • Lot Size Sq Ft: 1875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2022
Sold by
Ahmed And Samih Inc
Bought by
Ahmed And Samih Inc
Current Estimated Value
$635,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2021
Closed on
Apr 2, 2021
Sold by
Gauthier Suzanne and The Elsie A Williams Living Tr
Bought by
Ahmed And Samih Inc
Seller's Agent
Melody Royal
BHG REAL ESTATE ROYAL & ASSOC.
Buyer's Agent
Adel Nahshal
Better Homes and Gardens RP
List Price
$550,000
Sold Price
$600,000
Premium/Discount to List
$50,000
9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.11%
Original Mortgage
$630,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2001
Sold by
Williams Elsie
Bought by
Elsie Williams Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ahmed And Samih Inc -- Chicago Title
Ahmed And Samih Inc $600,000 Fidelity National Title Co
Elsie Williams Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed And Samih Inc $532,500
Closed Ahmed And Samih Inc $750,000
Previous Owner Ahmed And Samih Inc $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2021 04/14/21 Sold $600,000 +9.1% $667 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $550,000 -- $612 / 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 $10,281 $649,451 $259,780 $389,671
2024 $10,281 $636,720 $254,688 $382,032
2023 $10,752 $624,240 $249,696 $374,544
2022 $10,369 $612,000 $244,800 $367,200
2021 $1,829 $11,120 $11,325 $6,795
2020 $1,808 $17,934 $11,209 $6,725
2019 $1,626 $17,582 $10,989 $6,593
2018 $1,588 $17,238 $10,774 $6,464
2017 $1,483 $16,899 $10,562 $6,337
2016 $1,009 $16,568 $10,355 $6,213
2015 $1,301 $16,320 $10,200 $6,120
2014 $1,179 $16,000 $10,000 $6,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40939569

bridgeMLS

APN: 001-0121-016-00