Today’s Oakland Sales Update
As summer comes to a close, we continue to see many sales around Oakland, often due to bank buy-backs. However, there are still a good number of homes selling that are neither short sales nor foreclosures. I’ve also noticed a trend of homes selling that have been renovated with additions. Going through the SFGate sales listing today, below are some highlights.
Although listed as a 1bd/1ba on SFGate, the realtor’s website shows this Montclair home (pictured above) as being remodeled into a 2bd/2ba. (I was wondering how a 1bd/1ba could sell for over $600k.) 6433 Oakwood Dr. sold for $630,500.
This home at 4965 Coronado Ave. pictured above sold for $871,500. It is listed on SFGate as a 3bd/1.5ba with 2116 SF, but the realtor website shows it being renovated into a 4bd/2ba. While I drive through this area all the time, I don’t know what the name of the neighborhood is. It’s east of Temescal, south of Rockridge and north of Downtown Oakland. Anyone? Let me know if you know.
4778 Davenport Ave. is north of Mills College across the freeway in the East Oakland Hills. With just over 1000 SF, this 2bd/1ba 1950’s rancher sold for $459,000. It previously sold for close to its current sales price at $435,000 four years ago in March of 2004.
This Tudor home at 836 Northvale Rd. in Crocker Highlands was originally listed for $1,100,000 and ended up selling for $1,010,000. It has 3bd/2ba and 1867 SF.
More of my picks without pix:
Temescal
One of our past commenters posted on 486 43rd St. a 3bd/2ba, 2878 SF home in November 2007 here. At that time, the property was listed for $550,000. It finally sold at the end of this July for $610,000.
Lower Glenview
From the Google street view picture, 3857 Brighton Ave. looks like a cute craftsman. It’s a 3bd/2ba with 1267 SF and sold for exactly its same sales price back in March of 2005: $695,000.
anon said:
The neighborhood for the Coronado house is indeed Temescal–the rough boundaries for that neighborhood are generally considered to be Broadway, 40th, 51st, and the 24 to the west (though this edge is debatable–historically the neighborhood–once its own village–extended beyond there, but the western edge was sliced off by the freeway).
August 24, 2008 3:48 PM
morgan said:
The Coronado house was interesting. Its a 3/1.5–but has an attached in-law, making it more of a 3/2.5 with a extra family room. There is, or was at least, an unattached garage, which had permit issues, but otherwise was a very nice house. It came on the market around $889k or higher, but the garage issues were a pain I guess, which is why the price kept dropping (it was $849k in the end, so the seller made his money back).
August 24, 2008 10:26 PM
bajecka said:
The Davenport house had no additions and was a straight 2/1. It had nice views, but had not been updated very much — original kitchen some would call quaint, I called impractical. I believe it was at $499K when I saw it in April so I’m not surprised it came down.
August 25, 2008 2:10 PM
Alison said:
Hi Anon: oooh, wow, thanks! I didn’t realize that. And so interesting to hear that it was once it’s own village…
Hi Morgan: thanks for the ld on the Coronado house… since it is now listed as a 4/2 perhaps stuff was done with the garage??
Hi Bajecka: thanks for your comments. A $50k reduction seems to be the minimum these days, unless we’re talking about homes in the continuing real estate “hotspot” areas (e.g. no slumping there) such as Rockridge, parts of Berkeley or most of San Francisco…
August 26, 2008 11:05 AM
Live Forex Chart said:
Thank you for sharing…
September 27, 2008 9:19 AM