NOT LISTED FOR SALE

55 Fairmount Ave, Unit 402 Oakland, CA 94611

Harrison St/Oakland St Neighborhood

Estimated Value: $681,000 - $1,043,000

3 Beds
2 Baths
1,641 Sq Ft
$597/ mo HOA Fee

Last Sold June 01, 2023

Last sale price $975,000 $594 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $6,055/month

12 Days on Market

Highlights

  • Views of San Francisco
  • In Ground Pool
  • Contemporary Architecture
  • Lincoln Elementary School Rated 10
  • Updated Kitchen
  • Wood Flooring

About This Home

As of June 2023

Wow! Entirely private luxurious Penthouse Retreat. Relish the totally unexpected amount of living space and extraordinary (550+/- sq. ft) personal roof deck permitting expansive indoor/outdoor living. Only two penthouses in this building sited on their own private floor and protected elevator access. Plus a private laundry room shared by the two penthouses. This 3 bedroom 2 bathroom one-level penthouse condominium, has vaulted ceilings, a fireplace, open and airy floor plan with gorgeous light. The principal suite has a huge walk in closet and update bath. The second bathroom has been updated and features a lux freestanding tub. Truly a very special unit! Secure parking with two designated parking spaces. For enjoyment and exercising, there is a communal heated saline pool with a lounge deck area. This unit is conveniently located just blocks away from Whole Food Market, Lake Merritt, Grand Avenue, Broadway and downtown Oakland. For San Francisco commuters, this unit is close to BART and the 580 Freeway to the Bay Bridge.

Last Agent to Sell the Property

Ruth Frassetto

Vanguard Properties License #00779030 Listed on: 04/28/2023

Vanguard Properties

Last Buyer's Agent

Giovanni Robles

Twin Oaks Real Estate Inc License #02154836

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1970

Lot Details

  • 0.55

HOA Fees

  • $597 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Tuck Under Parking

Property Views

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Raised Hearth
  • Brick Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating Available

Additional Features

  • In Ground Pool
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 108442

Community Details

Overview

  • Association fees include exterior maintenance, hazard insurance, management fee, reserves, trash, water/sewer, ground maintenance
  • 51 Units
  • Association Phone (925) 937-1011
  • Built by Groovy 70's
  • Adams Point Subdivision, Expansive Penthouse Floorplan

Recreation

Pet Policy

  • Limit on the number of pets
  • The building has rules on how big a pet can be within a unit

Property Details

Home Type

Condominium

Year Built

Built in 1970

Lot Details

0.55 Acres

HOA Fees

$597 per month

Parking

2

Listing Details

  • Stories: 1
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: ADAMS POINT
  • Directions: Use Navigation
  • Architectural Style: Contemporary
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: Yes
  • Unit Levels: One Story, One
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Carpet, Wood
  • Appliances: Dishwasher, Free-Standing Range, Refrigerator
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Mirrored Closet Door(s)
  • Fireplace Features: Brick, Living Room, Raised Hearth, Other, See Remarks
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Elevator, Penthouse Location, Dining Area, Breakfast Bar, Counter - Solid Surface, Eat-in Kitchen, Updated Kitchen
  • Room Kitchen Features: Breakfast Bar, Counter - Solid Surface, Dishwasher, Eat In Kitchen, Range/Oven Free Standing, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Composition
  • Lot Features: No Lot
  • Pool Features: In Ground, Community
  • Pool Private: No
  • View: City Lights, San Francisco, City
  • View: Yes
  • Builder Name: Groovy 70's
  • Common Walls: Corner Unit, End Unit
  • Construction Type: Stucco
  • Exterior Features: Unit Faces Common Area
  • Foundation Details: Raised
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Covered, Int Access From Garage, Below Building Parking, Enclosed
  • Total Parking Spaces: 2

Utilities

  • Heating: Electric
  • Cooling: None
  • Laundry Features: Laundry Room
  • Security: Secured Access
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Pool, Pet Restrictions
  • Association Fee: 597
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 925-937-1011
  • Association: Yes
  • Pets Allowed: Yes, Number Limit, Size Limit
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Exterior Maintenance, Hazard Insurance, Management Fee, Reserves, Trash, Water/Sewer, Maintenance Grounds

Schools

  • Senior High School District: Oakland (510) 879-8111

Lot Info

  • Zoning: PUD
  • Parcel Number: 108442
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2023
Closed on
May 23, 2023
Sold by
Seymour M Horowitz Trust
Bought by
Lazaro Stephen and Carter Jenifer
Seller's Agent
Ruth Frassetto
Vanguard Properties
Buyer's Agent
Giovanni Robles
Twin Oaks Real Estate Inc
List Price
$798,000
Sold Price
$975,000
Premium/Discount to List
$177,000
22.18%
Views
25
Current Estimated Value
$830,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$144,925
Avg. Annual Appreciation
-5.77%
Original Mortgage
$780,000
Outstanding Balance
$758,311
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$71,764

Purchase Details

Closed on
Feb 7, 2014
Sold by
Horowitz Seymour M
Bought by
The Seymour M Horowitz Trust

Purchase Details

Closed on
Feb 8, 2007
Sold by
Horowitz Seymour M
Bought by
Horowitz Seymour M and Karp Regina A

Purchase Details

Closed on
Apr 13, 2006
Sold by
Horowitz Seymour M and Horwitz Seymour M
Bought by
Horowitz Seymour M

Purchase Details

Closed on
Feb 1, 2006
Sold by
Smith Daryl I and Lyver Smith Raissa T
Bought by
Horwitz Seymour M

Purchase Details

Closed on
Aug 11, 2005
Sold by
Fairmount West Development Co Inc
Bought by
Smith Daryl I and Lyver Smith Raissa T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,040
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
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
Lazaro Stephen $975,000 Chicago Title
The Seymour M Horowitz Trust -- None Available
Horowitz Seymour M -- None Available
Horowitz Seymour M -- None Available
Horowitz Seymour M -- First American Title Co
Horwitz Seymour M $631,000 First American Title Co
Smith Daryl I $481,490 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazaro Stephen $780,000
Previous Owner Smith Daryl I $385,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $975,000 -- --
06/01/2023 06/01/23 Sold $975,000 +22.2% $594 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $798,000 -- $486 / Sq Ft
Source: bridgeMLS

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 $14,328 $1,014,390 $304,317 $710,073
2024 $14,328 $994,500 $298,350 $696,150
2023 $8,527 $501,386 $127,442 $373,944
2022 $8,286 $484,558 $124,944 $366,614
2021 $7,888 $474,922 $122,495 $359,427
2020 $7,800 $476,981 $121,239 $355,742
2019 $7,485 $467,632 $118,863 $348,769
2018 $7,328 $458,466 $116,533 $341,933
2017 $7,039 $449,480 $114,249 $335,231
2016 $6,785 $440,670 $112,009 $328,661
2015 $6,748 $434,053 $110,327 $323,726
2014 $6,810 $425,554 $108,167 $317,387
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Ruth Frassetto

    Vanguard Properties

    1 in this area

    78 Total Sales

    Ruth Frassetto
    Section Image

  • G

    Buyer's Agent in 2023

    Giovanni Robles

    Twin Oaks Real Estate Inc

See All Agents

About This Building

Map

Source: bridgeMLS

MLS Number: 41025529

bridgeMLS

APN: 010-0844-002-00

California Alameda County Oakland 94611 Harrison St/Oakland St

55 Fairmount Ave Unit 402, Oakland, CA

Not Listed for Sale

Condos

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bridgeMLS Bay East 2026. CCAR 2026. bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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