NOT LISTED FOR SALE

Estimated Value: $900,000 - $1,128,550

3 Beds
3 Baths
1,580 Sq Ft
$465/mo HOA Fee

Last Sold May 28, 2021

Last sale price $1,250,000 $791 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $7,522/month

5 Days on Market

Highlights

  • Chain Of Lake Views
  • Updated Kitchen
  • Wood Flooring
  • Oakland Technical High School Rated A
  • Art Deco Architecture
  • 3-minute walk to Eastshore Park

About This Home

As of May 2021

Views, location and sophistication are rolled into one fabulous home w. this elegant penthouse just steps from the many conveniences of Lakeshore/Grand avenues & the walking/bike path around Lake Merritt. Built in 2001 & tucked into the sweet, vintage Cleveland Heights neighborhood, this spacious 2-story home is one of only 5 units & offers 3BR, 3BA, an open living room/dining room/kitchen, 2 balconies & parking in the attached garage. Includes spectacular panoramic Oakland/Piedmont hills, Lake Merritt, Grand Lake Theater & downtown Oakland views. A private 2nd-floor primary BR suite offers, an oversized outdoor deck, a walk-in closet & multiple exposures with views, and a beautifully remodeled bathroom with marble finishes, a soaking tub + custom walk/in shower. The kitchen & bathrooms were tastefully remodeled in 2018 & a well-designed floor plan maximizes space w/large, sunny rooms. Close to Lake Merritt, the Farmers' Market & Trader Joe's, w/easy access to BART and freeways.

Last Agent to Sell the Property

Michael Lane

Compass License #01892532 Listed on: 04/28/2021

Compass

Last Buyer's Agent

Kai Bayless

Pacific Sotheby's International Realty License #01819461

Pacific Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,425

Year Built

  • Built in 2001

Lot Details

  • End Unit
  • Lot Sloped Down

HOA Fees

  • $465 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Chain Of Lake
  • Downtown
  • Hills

Home Design

  • Art Deco Architecture
  • Concrete Foundation
  • Stucco

Interior Spaces

  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Location

  • Urban Location

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • Association fees include common area maintenance, exterior maintenance, hazard insurance, management fee, reserves
  • 7 Units
  • Not Listed Association, Phone Number (510) 262-1795
  • Lake Merritt Subdivision, The Penthouse Floorplan

Listing and Financial Details

  • Assessor Parcel Number 2341942

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,425

Year Built

Built in 2001

Lot Details

0

HOA Fees

$465 per month

Parking

1

Listing Details

  • Stories: 2
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: LAKE MERRITT
  • Directions: MacArthur to Wesley to Merritt Ave.
  • Architectural Style: Art Deco
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Wood
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Dryer, Washer, Gas Water Heater
  • Accessibility Features: None
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Penthouse Location, No Additional Rooms, Breakfast Bar, Stone Counters, Updated Kitchen
  • Window Features: Window Coverings
  • Room Kitchen Features: Breakfast Bar, Counter - Stone, Dishwasher, Gas Range/Cooktop, Microwave, Refrigerator, Updated Kitchen

Exterior Features

  • Lot Features: Sloped Down
  • Pool Features: None
  • Pool Private: No
  • View: City Lights, Downtown, Hills, Lake
  • View: Yes
  • Common Walls: Corner Unit, End Unit
  • Construction Type: Stucco
  • Foundation Details: Concrete
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached, Space Per Unit - 1

Utilities

  • Heating: Fireplace Insert, Forced Air
  • Cooling: Ceiling Fan(s)
  • Laundry Features: Dryer, Laundry Closet, In Unit, Washer/Dryer Stacked Incl
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Setting Urban
  • Association Fee: 465
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 510-262-1795
  • Association: Yes
  • Pets Allowed: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Exterior Maintenance, Hazard Insurance, Management Fee, Reserves

Schools

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

Lot Info

  • Parcel Number: 2341942
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 20, 2021
Sold by
Kupec Alaina and Brennan Kathleen Noelle
Bought by
Ajlouni Adam Munther and Robertson Corey
Seller's Agent
Michael Lane
Compass
Buyer's Agent
Kai Bayless
Pacific Sotheby's International Realty
List Price
$1,149,000
Sold Price
$1,250,000
Premium/Discount to List
$101,000
8.79%
Current Estimated Value
$1,013,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$236,612
Avg. Annual Appreciation
-4.82%
Original Mortgage
$1,000,000
Outstanding Balance
$908,726
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$104,662

Purchase Details

Closed on
Dec 17, 2019
Sold by
Kupec Alaina and Brennan Kathleen Noelle
Bought by
Kupec Alaina and Brennan Kathleen Noelle

Purchase Details

Closed on
Apr 17, 2019
Sold by
Munnis Sean and Munnis Cara Samia
Bought by
Brennan Kathleen Noelle and Kupec Alaina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$952,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2016
Sold by
Trave Andrea and Duda Shayla C
Bought by
Munnis Sean A and Samia Cara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 26, 2015
Sold by
Trave Andrea
Bought by
Trave Andrea and Duda Shayla C

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
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2012
Sold by
Wood Paul L and Wood Paul Leslie
Bought by
Trave Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2012
Sold by
Wood Paul L and Wood Cheren F
Bought by
Wood Paul L
Source: Public Records

Range of Values:

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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
Ajlouni Adam Munther $1,250,000 Placer Title Company
Kupec Alaina -- None Available
Brennan Kathleen Noelle $1,190,000 Chicago Title Company
Munnis Sean A $930,000 Old Republic Title Company
Trave Andrea -- Fidelity National Title Co
Trave Andrea $505,000 Fidelity National Title Co
Wood Paul L -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajlouni Adam Munther $1,000,000
Previous Owner Brennan Kathleen Noelle $952,000
Previous Owner Munnis Sean A $80,000
Previous Owner Munnis Sean A $755,791
Previous Owner Munnis Sean A $744,000
Previous Owner Trave Andrea $417,000
Previous Owner Trave Andrea $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,250,000 -- --
05/28/2021 05/28/21 Sold $1,250,000 +8.8% $791 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $1,149,000 -- $727 / Sq Ft
Source: Bay East Association of REALTORS®

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 $18,425 $1,346,024 $405,907 $947,117
2024 $18,425 $1,319,500 $397,950 $928,550
2023 $19,513 $1,300,500 $390,150 $910,350
2022 $19,172 $1,275,000 $382,500 $892,500
2021 $18,119 $1,219,365 $367,909 $858,456
2020 $17,923 $1,213,800 $364,140 $849,660
2019 $14,329 $967,571 $290,271 $677,300
2018 $14,028 $948,600 $284,580 $664,020
2017 $13,520 $930,000 $279,000 $651,000
2016 $7,929 $525,315 $78,017 $447,298
2015 $7,887 $517,427 $76,845 $440,582
2014 $7,985 $507,292 $75,340 $431,952
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40947418

Bay East Association of REALTORS®

APN: 023-0419-042-00