NOT LISTED FOR SALE

55 Fairmount Ave, Unit 201 Oakland, CA 94611

Harrison St/Oakland St Neighborhood

Estimated Value: $321,000 - $475,000

1 Bed
1 Bath
760 Sq Ft
$426/mo HOA Fee

Last Sold May 25, 2021

Last sale price $528,000 $695 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $3,437/month

16 Days on Market

Highlights

  • Subterranean Parking
  • Tile Flooring
  • Wall Furnace
  • Lincoln Elementary School Rated 10
  • Dining Area

About This Home

As of May 2021

HOT END-UNIT CONDO IN ADAMS POINT/LAKE MERRITT! A fabulous one-bedroom, one-bath second-floor corner unit condo in Oakland. Centrally located within walking distance to Lake Merritt, Whole Foods Market, shops, restaurants, the farmers market & the historic Grand Lake Theater. Hop on Bart less than a mile away or easily access Highways 580, 880, 13 & 24. Lots of natural light in 760+/- sf w/terrace overlooking pool & patio. Fresh paint, tile entry, recess lights, crown molding, updated fixtures. Kitchen w/granite counters, painted cabinetry, range, frig, dishwasher, stainless sink. Spacious living and dining rooms. Niche for workstation in entry. Loads of closet space. Entry to secured building and garage w/private fob. Convenient elevator. Assigned parking space. Laundry located on each floor.

Last Agent to Sell the Property

James S. Shin

Intero Real Estate Services License #01358693 Listed on: 04/16/2021

Intero Real Estate Services

Last Buyer's Agent

Talley Scott

Compass License #01928609

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,856

Year Built

  • 1970

Lot Details

  • 0.55

HOA Fees

  • $426 Monthly HOA Fees

Parking

  • Subterranean Parking

Interior Spaces

  • 760 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Wall Furnace

Community Details

  • Association fees include common area electricity, common area gas, garbage, insurance - hazard, maintenance - common area, management fee, pool spa or tennis, roof, water

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,856

Year Built

1970

Lot Details

0

HOA Fees

$426 per month

Parking

1

Listing Details

  • Zoning: 1004
  • Subclass: Condominium
  • Age: 51
  • Listing Class: Residential
  • Structure Sq Ft: 760
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1970

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 760
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Underground Parking

Utilities

  • Heating System: Electric, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 426
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Insurance - Hazard, Maintenance - Common Area, Management Fee, Pool, Spa, Or Tennis, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: NOT LISTED

Schools

  • School District: Oakland Unified

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
May 20, 2021
Sold by
Shin James S and Mollerstrom Willard
Bought by
Sowick Michael Anne
Seller's Agent
James S. Shin
Intero Real Estate Services
Buyer's Agent
Talley Scott
Compass
List Price
$599,000
Sold Price
$528,000
Premium/Discount to List
-$71,000
-11.85%
Current Estimated Value
$426,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,347
Avg. Annual Appreciation
-4.81%
Original Mortgage
$422,400
Outstanding Balance
$384,423
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$42,308

Purchase Details

Closed on
Jan 5, 2018
Sold by
Lubwama Bryan M
Bought by
Shin James S and Mollerstrom Willard

Purchase Details

Closed on
Dec 26, 2012
Sold by
Lubwama Bryan M and Lubwama Ebony S
Bought by
Lubwama Bryan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,800
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2005
Sold by
Fairmount West Development Co Inc
Bought by
Lubwama Bryan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sowick Michael Anne $528,000 First American Title Company
Shin James S $500,000 Old Republic Title Company
Lubwama Bryan M -- Servicelink
Lubwama Bryan M $300,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sowick Michael Anne $422,400
Previous Owner Lubwama Bryan M $200,000
Previous Owner Lubwama Bryan M $210,800
Previous Owner Lubwama Bryan $48,600
Previous Owner Lubwama Bryan M $240,000
Previous Owner Lubwama Bryan M $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $528,000 +5.8% $695 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/21/2021 04/21/21 Price Changed $499,000 -16.7% $657 / Sq Ft
04/16/2021 04/16/21 For Sale $599,000 -- $788 / Sq Ft
Source: MLSListings

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 $8,856 $571,517 $171,455 $400,062
2024 $8,856 $560,313 $168,094 $392,219
2023 $9,281 $549,330 $164,799 $384,531
2022 $9,030 $538,560 $161,568 $376,992
2021 $8,584 $525,584 $157,675 $367,909
2020 $8,490 $520,200 $156,060 $364,140
2019 $8,160 $510,000 $153,000 $357,000
2018 $6,083 $360,293 $126,102 $234,191
2017 $5,835 $353,231 $123,631 $229,600
2016 $5,605 $346,307 $121,207 $225,100
2015 $5,574 $341,108 $119,388 $221,720
2014 $4,458 $255,000 $76,500 $178,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James S. Shin

    Intero Real Estate Services

    Section Image
  • Talley Scott

    Buyer's Agent in 2021

    Talley Scott

    Compass

    (510) 282-4231

    1 in this area

    44 Total Sales

    Talley Scott
    Section Image
See All Agents

About This Building

Map

Source: MLSListings

MLS Number: ML81839397

MLSListings

APN: 010-0842-001-00

California Alameda County Oakland 94611 Harrison St/Oakland St

55 Fairmount Ave Unit 201, Oakland, CA

This home is located at 55 Fairmount Ave Unit 201, Oakland, CA 94611 since 16 April 2021 and is currently estimated at $426,653, approximately $561 per square foot. This property was built in 1970. 55 Fairmount Ave Unit 201 is a home located in Alameda County with nearby schools including Lincoln Elementary School, Westlake Middle School, and Oakland Technical High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes