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Condo sold for $425,000 in 71 days

55 Fairmount Ave #316 55 Fairmount Ave #316, Oakland, CA, 94611

Neighborhood: Adams Point

Off the market 1 bed 1 bath 748 sqft

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Come home to this highly desirable, one bedroom, one bath condo ideally located between the popular neighborhoods of Adam’s Point and Piedmont Ave. Only two such residences in the building! This fabulous, sun drenched, corner unit has an open floor plan with vaulted ceilings, tons of natural light, and an extra entry area that could be used as an office or workstation. The galley kitchen has views of downtown, beautiful quartz countertops, maple cabinets and a dining area with a large adjoining balcony that has views of the city and pool. There is a wood burning fireplace in the living room, mirrored closets and fresh carpet in the bedroom, recently installed laminate flooring in the living, dining and kitchen areas, and tons of closet storage space throughout the unit. The building has a heated pool with lounge deck area, laundry on every floor and garage parking. WalkScore.com gives this location a 92 and calls it a “Walker’s Paradise”! It’s close to public transportation, freeway access, Whole Foods Market, Sprouts, Lake Merritt, Uptown, shopping, restaurants and more!
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Details of 55 Fairmount Ave #316

748 sqft interior area
Property type
Condo
Interior area
748 sqft
Land area
23,760 sqft (0.55 acres)
Price per sqft
$568/sqft
Address
55 Fairmount Ave #316, Oakland, CA, 94611
City of California
Oakland
County
Alameda
Condo building
55 Fairmount Ave
Year Built
1970
Previous price
$449,000
Sold price
$425,000
Association fees
$479
nr.of parking places
1
Neighborhood
Adams Point
District
Oakland Zip Code 94611
Virtual Tour

Open Houses

No upcoming open houses

Interior Features

3 rooms, 1 parking places
Beds
1
Baths
1
Floors
Laminate, Tile, Carpet
Property Condition
Existing
Garage & Parking
Garage
Kitchen features
Counter - Stone, Dishwasher, Electric Range/Cooktop, Refrigerator
Other rooms
No Additional Rooms, Stone Counters

Listed by

Jill Friedrich, Compass
Name
Jill Friedrich
License number
02062807
Brokerage company
Compass
MLS #
41026196

Buyer agent

Name
Ashley Hwang
Brokerage company
reframe

Payment calculator

Calculate your monthly payments
Mortgage
$1,305
Taxes
$0
HOA dues
$479
$1,784 per month
Mortgage
$85,000 / 20%
2.28%
30 years
Your amount $1,305 / month

Exterior Features

Stucco construction and more
Construction
Stucco
Pool
Other, Community
Yard
Other

Lot details

TMK #1084316
Lot Description
Regular
Parcel nr.
1084316

Adams Point 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 Adams Point

39%
Families with children
National average: 39%
54%
Non family households
400,100
Population
$120,833
Average Income

Age & gender

Median age 38 years
More info

Commute types

52% commute by car
More info

Education level

32% have bachelor education
More info

Number of employees

2% work in management
More info

Vehicles available

47% have 1 vehicle
More info

Vehicles by gender

47% have 1 vehicle
More info

Housing market insights for 55 Fairmount Ave #316

$1.23m
Neighborhood average
sales price*
$995k
Neighborhood median
sales price*
702
Number
of sales*

Housing type

32% are apartments
More info

Rooms

33% of the houses have 4 or 5 rooms
More info

Bedrooms

49% have 2 or 3 bedrooms
More info

Owners vs Renters

63% are renters
More info
18.17 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

55 Fairmount Ave building info

55 Fairmount Ave
Pool
Laundry

Other details

Security
Smoke Detector(s)
Style
Contemporary
Construction
Stucco
Community Association
CALL LISTING AGENT

Green energy efficient

Efficient
None

Price history

Sold Jul 13, 2023

55 Fairmount Ave Median sales price 2024

Bedrooms Med. price % of listings
Not specified $399k 0.72%
1 bed $477.92k 11.66%
2 beds $659.57k 46.91%
3 beds $809k 33.97%
4 beds $969.67k 6.49%
5 beds $1.16m 0.25%
Date Event Price $/sqft Source
Jul 13, 2023 Sold $425,000 568.18 Public Record
Jul 13, 2023 Price Decrease $425,000 -2.3% 568.18 MLS #41026196
Jul 12, 2023 Pending $435,000 581.55 MLS #41026196
Jun 24, 2023 Under contract $435,000 581.55 MLS #41026196
Jun 23, 2023 Price Decrease $435,000 -3.12% 581.55 MLS #41026196
May 19, 2023 Price Increase $449,000 +5.65% 600.27 MLS #41026196
May 4, 2023 New Listing $425,000 -22.73% 568.18 MLS #41026196
Jun 8, 2018 Sold $550,000 735.29 Public Record
Jun 8, 2018 Price Increase $550,000 +10.02% 735.29 MLS #40814940
Mar 26, 2018 Pending $499,900 668.32 MLS #40814940
Mar 23, 2018 New Listing $499,900 668.32 MLS #40814940

Agent viewpoints of 55 Fairmount Ave #316, Oakland, CA, 94611

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Frequently Asked Questions about 55 Fairmount Ave #316

What is 55 Fairmount Ave #316?

55 Fairmount Ave #316, Oakland, CA, 94611 in the condominium building. This is a 1 bathroom and 1 bedroom condo in the Adams Point neighborhood. This apartment has 748 sqft interior space. This condo with unit number 316. It is located in the city of Oakland, California.

Does this condo have views?

No, it isn't.

Which year was this condo built?

This condo was build in 1970.

Which year was this property last sold?

This property was sold in 2023.

What is the full address of this Condo?

55 Fairmount Ave #316, Oakland, CA, 94611.

Are grocery stores nearby?

The closest grocery stores are Grocery Outlet, 0.17 miles away and Whole Foods Market, 0.18 miles away.

What is the neighborhood like?

The Adams Point neighborhood has a population of 400,100, and 39% of the families have children. The median age is 38.17 years and 52% commute by car. The most popular housing type is "apartment" and 63% is renter.

Based on information from the bridgeMLS as of 05-11-2024. 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: Jul 19, 2023
Verhouse Last checked 3 minutes ago

55 Fairmount Ave #316, Oakland, CA, 94611 in the condominium building. This is a 1 bathroom and 1 bedroom condo in the Adams Point neighborhood. This apartment has 748 sqft interior space with views. This condo with unit number 316. It is located in the city of Oakland, California.
The closest grocery stores are Grocery Outlet, 0.17 miles away and Whole Foods Market, 0.18 miles away.
The Adams Point neighborhood has a population of 400,100, and 39% of the families have children. The median age is 38.17 years and 52% commute by car. The most popular housing type is "apartment" and 63% is renter.
Condo Sold $425k 55 Fairmount Ave #316, Oakland, CA, 94611 1 bed / 1 baths / 748 sqft Save House Remove from Saved