NOT LISTED FOR SALE

711 Walker Ave Unit 302 Oakland, CA 94610

Grand Lake Neighborhood

Estimated Value: $956,000 - $1,165,000

2 Beds
2 Baths
1,604 Sq Ft
$712/mo HOA Fee

Last Sold November 09, 2020

Last sale price $1,225,000 $764 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $8,018/month

15 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • End Unit
  • Oakland Technical High School Rated A
  • Wood Flooring
  • Stone Countertops

About This Home

As of November 2020

As soon as you open the door of this stunning Grand Lake Terrace penthouse, the volume, light & openness takes your breath away. With soaring vaulted ceilings and floor to ceiling windows, this deluxe 1604sf, 2-story corner penthouse has 2 en suite BRs & 2 private balconies and is flooded w natural light from 3 sides. An open concept great room offers multiple spaces to relax, enjoy the fireplace, dine & entertain. A private balcony is surrounded by trees, creating a tranquil spot for morning coffee or evening sunsets. Upstairs is a grand BR suite w a private balcony overlooking the Oakland Hills, vaulted ceilings & large walk-in closet. The main floor BR is large w vaulted ceilings & great natural light. Grand Lake Terrace is a boutique 12-unit bldg w pride of ownership and a well-funded HOA. The PH floor is accessed only by those residents, creating privacy & security. 1-car pkg, in-unit laundry, extra storage, HOA dues: $712/mo.

Last Agent to Sell the Property

Shannon Mitchell

Salt & Pine Real Estate License #01957821 Listed on: 10/12/2020

Co-Listed By

Rick Richetta

Compass License #01449499

Last Buyer's Agent

Kerry Lyon

Salt & Pine Real Estate License #02030096

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,178

Year Built

  • Built in 2004

Lot Details

  • End Unit

HOA Fees

  • $712 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Laundry in unit

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security Gate
  • Intercom

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 1183659

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, management fee, security/gate fee, trash, water/sewer
  • 12 Units
  • Not Listed Association, Phone Number (510) 330-9271
  • Grand Lake Subdivision

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,178

Year Built

Built in 2004

Lot Details

0

HOA Fees

$712 per month

Parking

1

Listing Details

  • Stories: 2
  • Year Built: 2004
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: OBOCOMP
  • Subdivision Name: GRAND LAKE
  • Directions: Lake Park Ave to Walker
  • Architectural Style: Contemporary
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Hardwood
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator
  • Other Equipment: Intercom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Elevator, Penthouse Location, No Additional Rooms, Stone Counters
  • Room Kitchen Features: Counter - Stone, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Microwave, Refrigerator

Exterior Features

  • Lot Features: Regular
  • Pool Features: None
  • Pool Private: No
  • Common Walls: Corner Unit
  • Construction Type: Stucco
  • Exterior Features: Private Entrance
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Garage, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: In Unit
  • Security: Secured Access, Security Gate
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated
  • Association Fee: 712
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 510-330-9271
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Parcel Number: 1183659
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 5, 2020
Sold by
Elterman Bone and Elterman Abraham L
Bought by
Landowne Kate B
Seller's Agent
Shannon Mitchell
Salt & Pine Real Estate
Buyer's Agent
Kerry Lyon
Salt & Pine Real Estate
List Price
$1,050,000
Sold Price
$1,225,000
Premium/Discount to List
$175,000
16.67%
Current Estimated Value
$1,064,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$160,270
Avg. Annual Appreciation
-2.87%

Purchase Details

Closed on
Dec 10, 2007
Sold by
Elterman Abraham L and Elterman Bonnee
Bought by
Elterman Bonnee and Elterman Abraham L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,500
Interest Rate
6.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 2, 2006
Sold by
Meltemi Inc
Bought by
Elterman Abraham L and Elterman Bonnee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
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
Landowne Kate B $1,224,545 Old Republic Title Company
Elterman Bonnee -- First American Title Co
Elterman Abraham L $726,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elterman Bonnee $521,500
Previous Owner Elterman Abraham L $45,000
Previous Owner Elterman Abraham L $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,225,000 -- --
11/09/2020 11/09/20 Sold $1,225,000 +16.7% $764 / Sq Ft
10/27/2020 10/27/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $1,050,000 -- $655 / 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 $18,178 $1,325,964 $397,789 $928,175
2024 $18,178 $1,299,970 $389,991 $909,979
2023 $19,233 $1,274,490 $382,347 $892,143
2022 $18,821 $1,249,500 $374,850 $874,650
2021 $18,196 $1,225,000 $367,500 $857,500
2020 $9,708 $615,812 $402,776 $213,036
2019 $9,348 $603,741 $394,881 $208,860
2018 $9,153 $591,908 $387,142 $204,766
2017 $8,804 $580,307 $379,554 $200,753
2016 $8,518 $568,932 $372,114 $196,818
2015 $8,473 $560,390 $366,527 $193,863
2014 $7,880 $500,000 $150,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40924382

bridgeMLS

APN: 011-0836-059-00