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Condo sold for $975,000 in 35 days

55 Fairmount Ave #402 55 Fairmount Ave #402, Oakland, CA, 94611

Neighborhood: Adams Point

Off the market 3 beds 2 baths 1,641 sqft

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Wow! Entirely private luxurious Penthouse Retreat. Relish the totally unexpected amount of living space and extraordinary (550+/- sq. ft) personal roof deck permitting expansive indoor/outdoor living. Only two penthouses in this building sited on their own private floor and protected elevator access. Plus a private laundry room shared by the two penthouses. This 3 bedroom 2 bathroom one-level penthouse condominium, has vaulted ceilings, a fireplace, open and airy floor plan with gorgeous light. The principal suite has a huge walk in closet and update bath. The second bathroom has been updated and features a lux freestanding tub. Truly a very special unit! Secure parking with two designated parking spaces. For enjoyment and exercising, there is a communal heated saline pool with a lounge deck area. This unit is conveniently located just blocks away from Whole Food Market, Lake Merritt, Grand Avenue, Broadway and downtown Oakland. For San Francisco commuters, this unit is close to BART and the 580 Freeway to the Bay Bridge.
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Details of 55 Fairmount Ave #402

1,641 sqft interior area
Property type
Condo
Interior area
1,641 sqft
View
City Lights, San Francisco, City
Price per sqft
$594/sqft
Address
55 Fairmount Ave #402, Oakland, CA, 94611
City of California
Oakland
County
Alameda
Condo building
55 Fairmount Ave
Year Built
1970
Previous price
$798,000
Sold price
$975,000
Association fees
$597
nr.of parking places
2
Neighborhood
Adams Point
District
Oakland Zip Code 94611
Virtual Tour

Open Houses

No upcoming open houses

Interior Features

5 rooms, 2 parking places
Beds
3
Baths
2
Floors
Tile, Carpet, Wood
Property Condition
Existing
Garage & Parking
Covered, Int Access From Garage, Below Building Parking, Enclosed
Kitchen features
Breakfast Bar, Counter - Solid Surface, Dishwasher, Eat In Kitchen, Range/Oven Free Standing, Refrigerator, Updated Kitchen
Other rooms
Elevator, Penthouse Location, Dining Area, Breakfast Bar, Counter - Solid Surface, Eat-in Kitchen, Updated Kitchen

Listed by

Ruth Frassetto, Compass
Name
Ruth Frassetto
License number
00779030
Brokerage company
Compass
MLS #
41025529

Buyer agent

Name
Giovanni Robles
Brokerage company
Twin Oaks Real Estate INC

Payment calculator

Calculate your monthly payments
Mortgage
$2,994
Taxes
$0
HOA dues
$597
$3,591 per month
Mortgage
$195,000 / 20%
2.28%
30 years
Your amount $2,994 / month

Exterior Features

Stucco construction and more
Construction
Stucco
Building information
Builder/Architect: Groovy 70's
Model: Expansive Penthouse
Pool
In Ground, Community
Yard
Unit Faces Common Area

Lot details

TMK #108442
Lot Description
No Lot
Parcel nr.
108442

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 #402

$1.23m
Neighborhood average
sales price*
$996k
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
Pet Restrictions

Other details

Security
Secured Access
Style
Contemporary
Construction
Stucco
Community Association
NOT LISTED

Price history

Sold Jun 1, 2023

55 Fairmount Ave Median sales price 2024

Bedrooms Med. price % of listings
Not specified $399k 0.72%
1 bed $479.62k 11.66%
2 beds $659.55k 46.91%
3 beds $809.48k 33.97%
4 beds $969.67k 6.49%
5 beds $1.16m 0.25%
Date Event Price $/sqft Source
Jun 1, 2023 Sold $975,000 594.15 Public Record
Jun 1, 2023 Price Increase $975,000 +22.18% 594.15 MLS #41025529
May 11, 2023 Pending $798,000 486.29 MLS #41025529
Apr 28, 2023 New Listing $798,000 486.29 MLS #41025529

Taxes of 55 Fairmount Ave #402, Oakland, CA, 94611

PUD zoning / MLS #41025529
Zoning
PUD

Agent viewpoints of 55 Fairmount Ave #402, Oakland, CA, 94611

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Frequently Asked Questions about 55 Fairmount Ave #402

What is 55 Fairmount Ave #402?

55 Fairmount Ave #402, Oakland, CA, 94611 in the condominium building. This is a 2 bathrooms and 3 bedroom condo in the Adams Point neighborhood. This apartment has 1,641 sqft interior space. This condo with unit number 402. It is located in the city of Oakland, California.

Does this condo have views?

This condo has City Lights, San Francisco, City views.

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 #402, 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: Jun 03, 2023
Verhouse Last checked less than a minute ago

55 Fairmount Ave #402, Oakland, CA, 94611 in the condominium building. This is a 2 bathrooms and 3 bedroom condo in the Adams Point neighborhood. This apartment has 1,641 sqft interior space with City Lights, San Francisco, City views. This condo with unit number 402. 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 $975k 55 Fairmount Ave #402, Oakland, CA, 94611 3 beds / 2 baths / 1,641 sqft Save House Remove from Saved