NOT LISTED FOR SALE

425 E 11th St Unit 7 Oakland, CA 94606

Merritt Neighborhood

Estimated Value: $617,000 - $711,893

2 Beds
2 Baths
1,317 Sq Ft
$377/mo HOA Fee

Last Sold July 15, 2021

Last sale price $850,000 $645 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $4,931/month

16 Days on Market

Highlights

  • Gated Community
  • Clubhouse
  • Home Office
  • Updated Kitchen
  • Stone Countertops
  • 4-minute walk to Clinton Park

About This Home

As of July 2021

Embrace Lake Merritt living in this 2+ bedroom, 2 full bathroom industrial loft. This thoughtful design by architect A.W. Smith preserves elements from the Creamery that once thrived here. While this historic building is full of original charm, it also boasts modern day features - an open concept updated kitchen with stainless steel appliances, a gas range, in-unit laundry, electronic package lockers, and a video intercom system to allow guest access with ease. The large skylights allow natural light to beam into the space and glistens on the exposed brick throughout the home. Invite your friends to hang out in "The Pavilion", a communal space for residents in this gated complex - the picnic tables are perfect for enjoying brunch under the cafe lights followed by a stroll around Lake Merritt. With its warm sense of community, dedicated parking, storage space, private patio, air conditioning, and bonus office space, this home provides elements for living in comfort and style.

Last Agent to Sell the Property

Felicia Mares

Arlowe Homes License #02028970 Listed on: 06/29/2021

Last Buyer's Agent

Jennifer Jones

The GRUBB Company License #02078526

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,933

Year Built

  • Built in 1922

Lot Details

  • 0.79

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • Uncovered Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Home Office

Kitchen

  • Updated Kitchen
  • Gas Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Parquet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Intercom
  • Closed Circuit Camera

Additional Features

  • Level Entry For Accessibility
  • Ground Level
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 192258

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, management fee, ground maintenance, reserves, security/gate fee, trash
  • 26 Units
  • Not Listed Association, Phone Number (510) 451-7197
  • Lake Merritt Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Laundry Facilities

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,933

Year Built

Built in 1922

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Stories: 2
  • Year Built: 1922
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: LAKE MERRITT
  • Directions: 5th to E 11th
  • Architectural Style: Other
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Concrete, Parquet
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Dryer, Washer
  • Other Equipment: Intercom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Ground Floor Location
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Ground Floor Location, Live/Work Unit, Office, Stone Counters, Updated Kitchen
  • Window Features: Window Coverings
  • Room Kitchen Features: Counter - Stone, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Refrigerator, Updated Kitchen

Exterior Features

  • Lot Features: Security Gate
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Brick
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: Uncovered Parking Space

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Laundry Features: Laundry Closet
  • Security: Security Gate, Closed Circuit Camera(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Gated, Laundry, Picnic Area
  • Association Fee: 377
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 510-451-7197
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 192258
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2023
Sold by
Ganter Kara
Bought by
Kara Lea Ganter Living Trust
Current Estimated Value
$669,973

Purchase Details

Listed on
Jun 29, 2021
Closed on
Jul 27, 2021
Sold by
Lerner Charles R and Lewis Jaden D
Bought by
Ganter Kara and Johnson Lonni Dino
Seller's Agent
Felicia Mares
Arlowe Homes
Buyer's Agent
Jennifer Jones
The GRUBB Company
List Price
$799,000
Sold Price
$850,000
Premium/Discount to List
$51,000
6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.61%
Original Mortgage
$680,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2019
Sold by
Bivens Marton and Bivens Carol
Bought by
Lerner Charles R and Lewis Jaden D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2006
Sold by
East Lake-Laney Lofts Llc
Bought by
Bivens Marton and Bivens Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Kara Lea Ganter Living Trust -- None Listed On Document
Ganter Kara $850,000 Old Republic Title Company
Lerner Charles R $830,000 Old Republic Title Company
Bivens Marton $539,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ganter Kara $680,000
Previous Owner Lerner Charles R $664,000
Previous Owner Bivens Marton $417,000
Previous Owner Bivens Marton $417,000
Previous Owner Bivens Marton $95,050
Previous Owner Bivens Marton $95,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $850,000 -- --
07/15/2021 07/15/21 Sold $850,000 +6.4% $645 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $799,000 -- $607 / 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 $10,933 $725,000 $217,500 $507,500
2024 $10,933 $725,000 $217,500 $507,500
2023 $13,642 $867,000 $260,100 $606,900
2022 $13,321 $850,000 $255,000 $595,000
2021 $13,118 $855,364 $256,609 $598,755
2020 $12,976 $846,600 $253,980 $592,620
2019 $10,123 $660,268 $198,080 $462,188
2018 $9,911 $647,327 $194,198 $453,129
2017 $9,538 $634,640 $190,392 $444,248
2016 $9,239 $622,200 $186,660 $435,540
2015 $6,558 $420,000 $126,000 $294,000
2014 $5,222 $315,000 $94,500 $220,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40954889

bridgeMLS

APN: 019-0022-058-00