NOT LISTED FOR SALE

425 E 11th St Unit 13 Oakland, CA 94606

Merritt Neighborhood

Estimated Value: $534,000 - $818,000

2 Beds
2 Baths
1,287 Sq Ft
$451/mo HOA Fee

Last Sold July 29, 2021

Last sale price $835,000 $649 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $4,848/month

3 Days on Market

Highlights

  • Gated Community
  • Security Gate
  • Central Heating and Cooling System
  • Stone Countertops
  • Tile Flooring
  • 4-minute walk to Clinton Park

About This Home

As of July 2021

Urban chic Mutual Creamery loft ideally located just blocks from BART, Lake Merritt & Downtown Oakland’s vibrant scene. This gorgeous 2-story floor plan with high ceilings & modern design includes 2+ bright spacious bedrooms and 2 large full bathrooms. At the top of the stairs, you will find an upper bedroom and bath adjacent to a spacious loft area useful as a family room or a home office. Polished concrete floors, skylights, incorporating elements of the original creamery such as exposed reinforced brick walls. Kitchen includes stainless steel appliances (brand new stove & dishwasher), granite countertops & in unit washer/dryer. An open floor plan perfect for entertaining yet easy maintenance. Deeded 2-car lift parking spaces are steps from the entry. Gated community. The Mutual Creamery was designed by A. W. Smith in 1923. Built in 2006 HOA amenities are high speed internet, bicycle storage, beautiful communal space and much more. Unit has AC.

Last Agent to Sell the Property

Azadeh Yazdi

The Agency License #02001954 Listed on: 07/09/2021

Last Buyer's Agent

Sami Elabed

License #01725472

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1922

Lot Details

  • 0.79

HOA Fees

  • $451 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction

Interior Spaces

  • Multi-Level Property
  • Security Gate

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Additional Features

  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 019 002206400

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, management fee, insurance, ground maintenance, reserves, security/gate fee, trash, water/sewer
  • 26 Units
  • Lake Merrit Subdivision

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1922

Lot Details

0

HOA Fees

$451 per month

Listing Details

  • Year Built: 1922
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: LAKE MERRIT
  • Directions: 5th to 11th
  • Architectural Style: See Remarks
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Concrete, Other, Tile
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Ground Floor Location,No Steps to Entry
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Ground Floor Location, Live/Work Unit, Stone Counters
  • Room Kitchen Features: Counter - Stone, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Microwave, Other, Refrigerator

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Brick
  • Exterior Features: Other
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Spaces, Space Per Unit - 2, See Remarks, Garage Door Opener

Utilities

  • Heating: Central
  • Utilities: All Public Utilities, Internet Available
  • Cooling: Central Air
  • Laundry Features: Dryer, In Unit, Washer
  • Security: Security Gate, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated
  • Association Fee: 451
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 000-000-0000
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 019 002206400
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Jul 22, 2021
Sold by
Rand Charles D and Rand Maxine L
Bought by
Sotelo Norliza Salonga
Seller's Agent
Azadeh Yazdi
The Agency
Buyer's Agent
Sami Elabed
List Price
$799,000
Sold Price
$835,000
Premium/Discount to List
$36,000
4.51%
Current Estimated Value
$663,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$171,241
Avg. Annual Appreciation
-5.05%
Original Mortgage
$417,000
Outstanding Balance
$318,875
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$344,884

Purchase Details

Closed on
Aug 16, 2017
Sold by
Snyder Vivian
Bought by
Rand Charles D and Rand Maxine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2007
Sold by
Onan Glenn Stephen
Bought by
Snyder Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2006
Sold by
East Lake Laney Lofts Llc
Bought by
Onan Glenn Stephen and Snyder Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,200
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sotelo Norliza Salonga $835,000 Chicago Title Company
Rand Charles D $805,000 Fidelity National Title Co
Snyder Vivian $230,000 First American Title Co
Onan Glenn Stephen $556,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sotelo Norliza Salonga $417,000
Previous Owner Rand Charles D $510,000
Previous Owner Snyder Vivian $460,000
Previous Owner Onan Glenn Stephen $445,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $835,000 -- --
07/29/2021 07/29/21 Sold $835,000 +4.5% $649 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $799,000 -- $621 / 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 $11,034 $718,000 $217,500 $507,500
2024 $11,034 $733,000 $222,000 $518,000
2023 $13,336 $851,700 $255,510 $596,190
2022 $13,018 $828,000 $250,500 $584,500
2021 $15,992 $846,191 $253,857 $592,334
2020 $12,851 $837,521 $251,256 $586,265
2019 $12,421 $821,100 $246,330 $574,770
2018 $12,162 $805,000 $241,500 $563,500
2017 $8,047 $647,956 $194,357 $453,599
2016 $7,472 $635,254 $190,547 $444,707
2015 $4,887 $417,000 $125,100 $291,900
2014 $2,413 $300,000 $90,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40957436

bridgeMLS

APN: 019-0022-064-00