SOLD 01/18/2023
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Home sold for $520,000 in 22 days
5480 Bancroft Ave Oakland, CA, 94601
Neighborhood: Melrose HeightsOff the market 5 beds 2 baths 1,432 sqft
Cute Four bedroom Farmhouse with an additional and adorable 1/1 rentable storybook cottage makes for the greatest investment opportunity of the week! Flooded with natural light, the large living room has a grand fireplace, original windows and beautiful hardwood floors. The Romantic front porch is made with handmade bricks from the 1900s. There is a useful storage shed, a one car garage and a private driveway with ample parking for three cars. Home is virtually staged and ready for the new owners to tastefully add their cosmetic updates.
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Property details
1,432 sqft interior area
Property type
Home
Interior area
1,432 sqft
Land area
5,662 sqft (0.13 acres)
Price per sqft
$363/sqft
Address
5480 Bancroft Ave, Oakland, CA, 94601
City of California
Oakland
County
Alameda
Previous price
$450,000
Sold price
$520,000
Style
Cottage
Stories
1
Year Built
1924
Neighborhood
Melrose Heights
District
Oakland Zip Code 94601
Stories
One Story
Open Houses
No upcoming open houses
Interior Features
9 rooms, Hardwood, Tile, Carpet floors
Beds
5
Baths
2
Floors
Hardwood, Tile, Carpet
Stories
One Story
Property Condition
Existing
Garage & Parking
Carport - 2 Or More, Detached, RV Possible
Rooms
9
# of fireplaces
1
Fireplaces
Brick, Family Room
Laundry Features
Hookups Only
Heathing & Cooling
Ceiling Fan(s), Whole House Fan, Electric, Forced Air
Kitchen features
Breakfast Nook, Counter - Solid Surface, Dishwasher, Electric Range/Cooktop
Other rooms
Unfinished Room, Utility Room, Workshop, Breakfast Nook, Counter - Solid Surface
Appliances
Dishwasher, Electric Range
Listed by
Katerina Sellis, Keller Williams Realty
Name
Katerina Sellis
License number
01858561
Brokerage company
Keller Williams Realty
MLS #
41016127
Buyer agent
Name
Ellie Sekona
Brokerage company
Intero Real Estate Services
Payment calculator
Calculate your monthly payments
Mortgage
$1,597
Taxes
$0
HOA dues
$0
Mortgage
$104,000 / 20%
2.28%
30 years
Your amount
$1,597 / month
Exterior Features
Wood Siding construction and more
Roof
Shingle
Utilities
All Public Utilities
Construction
Wood Siding
Pool
None
Yard
Back Yard, Dog Run, Front Yard, Storage, Terraced Back
Lot details
TMK #35239011
Lot Description
Level
Parcel nr.
35239011
Melrose Heights neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in Melrose Heights
47%
Families with children
National average: 39%
35%
Non family households
365,207
Population
$100,940
Average Income
Age & gender
Median age 37 years
More info
Commute types
71% commute by car
More info
Education level
21% have bachelor education
More info
Number of employees
3% work in education and healthcare
More info
Vehicles available
39% have 1 vehicle
More info
Vehicles by gender
39% have 1 vehicle
More info
Housing market insights for
$843.88k
Neighborhood average
sales price*
sales price*
$744.5k
Neighborhood median
sales price*
sales price*
584
Number
of sales*
of sales*
Housing type
50% are single detacheds
More info
Rooms
44% of the houses have 4 or 5 rooms
More info
Bedrooms
65% have 2 or 3 bedrooms
More info
Owners vs Renters
53% are renters
More info
15.17 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
ADU Accessory Dwelling Unit
Description
One bed/1 bath apartment, 200 sqft
Baths
1 full
Kitchen
No
Schools
15 schools with rating up to 6
| School rating | Distance | |
|---|---|---|
|
Muhammad University Of Islam
5277 Foothill Boulevard,
Oakland, CA 94601
Elementary School |
0.18mi | |
|
Muhammad University Of Islam
5277 Foothill Boulevard,
Oakland, CA 94601
Middle School |
0.18mi | |
|
Muhammad University Of Islam
5277 Foothill Boulevard,
Oakland, CA 94601
High School |
0.18mi | |
| School rating | Distance | |
|---|---|---|
|
Muhammad University Of Islam
5277 Foothill Boulevard,
Oakland, CA 94601
|
0.18mi | |
| out of 10 |
Horace Mann Elementary School
5222 Ygnacio Avenue,
Oakland, CA 94601
|
0.273mi |
|
East Oakland Leadership Academy
2614 Seminary Avenue,
Oakland, CA 94605
|
0.436mi | |
|
St. Bernard School
1630 62nd Ave,
Oakland, CA 94621
|
0.501mi | |
| out of 10 |
Greenleaf Elementary School
6328 East 17th Street,
Oakland, CA 94621
|
0.55mi |
| School rating | Distance | |
|---|---|---|
|
Muhammad University Of Islam
5277 Foothill Boulevard,
Oakland, CA 94601
|
0.18mi | |
|
East Oakland Leadership Academy
2614 Seminary Avenue,
Oakland, CA 94605
|
0.436mi | |
|
St. Bernard School
1630 62nd Ave,
Oakland, CA 94621
|
0.501mi | |
| out of 10 |
Greenleaf Elementary School
6328 East 17th Street,
Oakland, CA 94621
|
0.55mi |
| out of 10 |
Urban Montessori Charter School
5328 Brann Street,
Oakland, CA 94619
|
0.626mi |
| School rating | Distance | |
|---|---|---|
|
Muhammad University Of Islam
5277 Foothill Boulevard,
Oakland, CA 94601
|
0.18mi | |
|
East Oakland Leadership Academy High
2607 Seminary Avenue,
Oakland, CA 94605
|
0.447mi | |
|
Clara Mohammed School
1652 47th Ave,
Oakland, CA 94601
|
0.631mi | |
|
College Preparatory And Architecture Academy
4610 Foothill Blvd.,
Oakland, CA 93601
|
0.636mi | |
| out of 10 |
Oakland Unity High School
6038 Brann Street,
Oakland, CA 94605
|
0.685mi |
School ratings provided by Greatschools.org
© 2023. All rights reserved.
Price history
Sold Jan 18, 2023
Melrose Heights Median sales price 2023
| Bedrooms | Med. price | % of listings |
|---|---|---|
| Not specified | $390k | 25% |
| 2 beds | $450k | 25% |
| 3 beds | $599k | 25% |
| 5 beds | $520k | 25% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jan 18, 2023 | Sold | $520,000 | 363.13 | Public Record |
| Jan 18, 2023 | Price Increase | $520,000 +15.56% | 363.13 | MLS #41016127 |
| Jan 7, 2023 | Pending | $450,000 | 314.25 | MLS #41016127 |
| Dec 28, 2022 | New Listing | $450,000 +221.43% | 365.26 | MLS #41016127 |
| Jun 26, 2009 | Sold | $140,000 | 113.64 | Public Record |
| Jun 26, 2009 | Price Increase | $140,000 +7.78% | 113.64 | MLS #40407731 |
| May 7, 2009 | Under contract | $129,900 | 105.44 | MLS #40407731 |
| Apr 30, 2009 | New Listing | $129,900 | 105.44 | MLS #40407731 |
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Frequently Asked Questions about 5480 Bancroft Ave
What is 5480 Bancroft Ave?
5480 Bancroft Ave, Oakland, CA, 94601 is a single family home located in the Melrose Heights neighborhood in the city of Oakland, California with zipcode 94601. This single family home has 5 bedrooms & 2 bathrooms with an interior area of 1,432 sqft.
Which year was this home built?
This home was build in 1924.
Which year was this property last sold?
This property was sold in 2023.
What is the full address of this Home?
5480 Bancroft Ave, Oakland, CA, 94601.
Are grocery stores nearby?
The closest grocery stores are Shop Rite, 0.29 miles away and Island Market, 0.72 miles away.
What is the neighborhood like?
The Melrose Heights neighborhood has a population of 365,207, and 47% of the families have children. The median age is 37.44 years and 71% commute by car. The most popular housing type is "single detached" and 53% is renter.
Based on information from the bridgeMLS as of 04-28-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Jan 29, 2023
Verhouse Last checked 1 minute ago
The closest grocery stores are Shop Rite, 0.29 miles away and Island Market, 0.72 miles away.
The Melrose Heights neighborhood has a population of 365,207, and 47% of the families have children. The median age is 37.44 years and 71% commute by car. The most popular housing type is "single detached" and 53% is renter.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
