NOT LISTED FOR SALE

425 E 11th St Unit 9 Oakland, CA 94606

Merritt Neighborhood

Estimated Value: $529,000 - $818,000

2 Beds
2 Baths
1,221 Sq Ft
$555/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $787,500 $645 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $4,999/month

47 Days on Market

Highlights

  • 0.79 Acre Lot
  • Solid Surface Countertops
  • Central Heating and Cooling System
  • Contemporary Architecture
  • Security Gate
  • 4-minute walk to Clinton Park

About This Home

As of December 2022

Fabulous true loft in the historic Mutual Creamery. Open floor plan with soaring vaulted ceilings, exposed brick, glazed concrete floors and an abundance of natural light. There are 2 bedrooms, 2 full baths and a spacious mezzanine overlooking the main living areas. The primary bedroom has an en-suite bath with a wall of windows providing ample light. The upstairs bedroom provides a great separation of space for privacy and has laminate wood flooring. The Contemporary kitchen has granite counters, handsome light wood cabinets, stainless steel appliances with a newer gas stove, large wall cabinet for added storage/pantry and in-unit laundry with washer/dryer. This rare loft offers 2 parking spaces via a lift and front patio for entertaining. Common areas include a pavilion for private events and a bike rack. WIFI is also included. Centrally located within blocks of BART, Lake Merritt, Downtown Oakland, Brooklyn Basin, Chinatown and Oakland Museum.

Last Agent to Sell the Property

Sarah Marcus

Redfin License #01967832 Listed on: 10/15/2022

Redfin

Last Buyer's Agent

DANIEL SILVERT

Red Oak Realty License #01963734

Red Oak Realty

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1922

Lot Details

  • 0.79 Acre Lot
  • Rectangular Lot

HOA Fees

  • $462 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Brick Exterior Construction

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Laminate
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Additional Features

  • 2-Story Property
  • Central Heating and Cooling System

Community Details

  • Association fees include common area maintenance
  • 26 Units
  • 1,221 Sq Ft Building
  • Association Phone (925) 243-1797
  • Lake Merritt Subdivision

Listing and Financial Details

  • Assessor Parcel Number 192260

Property Details

Home Type

Apartment

Year Built

Built in 1922

Lot Details

0

HOA Fees

$462 per month

Parking

1

Listing Details

  • Stories: 2
  • Year Built: 1922
  • Property Sub Type: Apartment
  • Prop. Type: Residential
  • Lot Size Acres: 0.79
  • Subdivision Name: LAKE MERRITT
  • Directions: 5th Ave
  • Architectural Style: Contemporary
  • 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, Laminate
  • Appliances: Dishwasher, Microwave, Free-Standing Range, Refrigerator, Dryer, Washer
  • Other Equipment: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Counter - Solid Surface
  • Room Kitchen Features: Counter - Solid Surface, Dishwasher, Microwave, Range/Oven Free Standing, Refrigerator

Exterior Features

  • Lot Features: Regular
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Brick
  • Exterior Features: No Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Parking Spaces, Space Per Unit - 2
  • Total Parking Spaces: 2

Utilities

  • Heating: Central
  • Utilities: All Public Utilities, Cable Available, Internet Available, Individual Electric Meter, Individual Gas Meter
  • Cooling: Central Air
  • Laundry Features: Dryer, 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: Other
  • Association Fee: 462
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 925-243-1797
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint

Lot Info

  • Lot Size Sq Ft: 34213
  • Parcel Number: 192260
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 26

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2022
Closed on
Dec 14, 2022
Sold by
Alvarado Albert and Alvarado Elizabeth
Bought by
Zavarin Mavrik
Seller's Agent
Sarah Marcus
Redfin
Buyer's Agent
DANIEL SILVERT
Red Oak Realty
List Price
$815,000
Sold Price
$787,500
Premium/Discount to List
-$27,500
-3.37%
Views
16
Current Estimated Value
$677,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109,754
Avg. Annual Appreciation
-4.86%
Original Mortgage
$387,500
Outstanding Balance
$376,146
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$301,600

Purchase Details

Closed on
Nov 26, 2016
Sold by
Alvarado Albert
Bought by
Alvarado Albert and Lau Alvarado Elizabeth

Purchase Details

Closed on
Jul 8, 2016
Sold by
Alvarado Albert
Bought by
Alvarado Albert and Lau Alvarado Elizabeth

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
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2006
Sold by
East Lake Laney Lofts Llc
Bought by
Alvarado Albert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,200
Interest Rate
6.2%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Zavarin Mavrik $787,500 Old Republic Title
Alvarado Albert -- Timios Title
Alvarado Albert -- Timios Title
Alvarado Albert $549,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zavarin Mavrik $387,500
Previous Owner Alvarado Albert $417,000
Previous Owner Alvarado Albert $439,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $787,500 -- --
12/22/2022 12/22/22 Sold $787,500 -3.4% $645 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
10/15/2022 10/15/22 For Sale $815,000 -- $667 / 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 $11,831 $812,314 $245,794 $573,520
2024 $11,831 $796,250 $240,975 $562,275
2023 $12,455 $787,500 $236,250 $551,250
2022 $11,350 $706,924 $212,077 $494,847
2021 $10,888 $693,068 $207,920 $485,148
2020 $10,769 $685,964 $205,789 $480,175
2019 $10,387 $672,518 $201,755 $470,763
2018 $10,171 $659,337 $197,801 $461,536
2017 $9,791 $646,414 $193,924 $452,490
2016 $9,489 $633,743 $190,123 $443,620
2015 $6,380 $400,000 $120,000 $280,000
2014 $5,107 $300,000 $90,000 $210,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41011754

bridgeMLS

APN: 019-0022-060-00