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Sold for $645,000
  • Tax assessed value
    $645,000

    507 Merritt Ave, Oakland, CA 94610

    2beds
    1,202sqft
    Condominium
    Built in 1962
    -- sqft lot
    $587,000 Zestimate®
    $537/sqft
    $3,201 Estimated rent

    Home value

    $587,000

    $534,000 - $640,000

    $3,201/mo

    Zestimate® history
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    What's special

    This is the heartbeat of Oakland! A spacious 2-bed, 2-bath condo overlooking the bustling Lake Merritt and iconic Grand Lake Theatre, with additional views of the lush Oakland hills. This one-of-a-kind 1202-SF unit feels more home-like than condo, located in a small 4-unit building in a neighborhood setting, boasting not one, but two, private decks plus an additional shared outdoor space! Luxuriate in an open space split-level floorplan: the enormous living-dining areas open onto the lake-facing deck; the bedrooms and baths are a few steps up on their own level, opening to a large back deck with cabana. With one of the area’s lowest HOAs at $300 a month, an in-unit washer and dryer, full kitchen, and a garage plus off-street parking, this unit really does have it all. The naturally flowing floor plan is great for daily living and entertaining alike. With great location, function and features, this Lake Merritt home is not to be missed. A true gem nestled in the heart of it all.

    Zillow last checked:

    Listing updated:

    Listed by:

    Megan Gurrentz DRE #02090547 720-936-6711,

    Compass,

    Eileen Townsend DRE #02019343 510-725-7422,

    Compass

    Bought with:

    Nicole Easterday, DRE #02193925

    Compass

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41063044MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Kitchen
    • Features: Breakfast Bar, Counter - Laminate, Dishwasher, Electric Range/Cooktop, Microwave, Refrigerator
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Electric Range, Microwave, Refrigerator, Dryer, Washer
    • Laundry: Dryer, Washer, Stacked Only
    Features
    • Breakfast Bar
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: Corner Unit,End Unit
    Interior area
    • Total structure area: 1,202
    • Total interior livable area: 1,202 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Faces Front
    • Attached garage spaces: 1
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Exterior features: Private Entrance
    • Pool features: None
    • Has view: Yes
    • View description: Hills, Lake, City
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 7,405 Square Feet
    • Features: Other
    Details
    • Parcel number: 2341929
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Mid Century Modern
    • Property subtype: Condominium
    Materials
    • Stucco
    • Foundation: Other
    Condition
    • Existing
    • New construction: No
    • Year built: 1962

    Utilities & green energy

    • Electric: No Solar
    • Sewer: Public Sewer

    Community & HOA

    Community
    • Security: Carbon Monoxide Detector(s)
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks
    • Services included: Insurance, Water, Sewer, Common Area Maint, Maintenance Grounds
    • HOA fee: $300 monthly
    • HOA name: NOT LISTED
    • HOA phone: 000-000-0000
    Location
    • Region: Oakland

    Financial & listing details

    • Price per square foot: $537/sqft
    • Tax assessed value: $645,000
    • Date on market: 6/12/2024
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    9/13/2024Sold$645,000-7.7%$537/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #41063044 Report a problem
    8/25/2024Pending sale$699,000$582/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #41063044 Report a problem
    6/12/2024Listed for sale$699,000$582/sqft
    Source: bridgeMLS/CCAR/Bay East AOR #41063044 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $645,000 +201.3%
    2024$4,179 -2.9%$214,071 +2%
    2023$4,302 +4.3%$209,874 +2%
    2022$4,125 +8.2%$205,759 +2%
    2021$3,813 +1.3%$201,725 +1%
    2020$3,766 +6.4%$199,657 +2%
    2019$3,538 +14.3%$195,743 +2%
    2018$3,094 $191,905 +2%
    2017$3,094 +2.3%$188,142 +2%
    2016$3,024 -7.5%$184,454 +1.5%
    2015$3,267 $181,684 +2%
    2014$3,267 $178,126 +0.5%
    2013-- $177,321 +2%
    2012-- $173,845 +2%
    2011-- $170,437 +0.8%
    2010-- $169,164 -0.2%
    2009-- $169,566 +2%
    2008-- $166,243 +2%
    2007-- $162,983 +2%
    2006-- $159,788 +2%
    2005-- $156,656 +2%
    2004-- $153,585 +1.9%
    2003-- $150,771 +2%
    2002-- $147,815 +2%
    2001$2,141 $144,917
    Find assessor info on the county website

    Neighborhood: Cleveland Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $587,000
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    Estimated market value
    $587,000