SOLD 10/20/2023
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Condo sold for $498,000 in 43 days
The Essex On Lake Merritt #1606 1 Lakeside Dr #1606, Oakland, CA, 94612
Neighborhood: Lake MerrittOff the market 1 bed 1 bath 666 sqft
Luxury Live Auction! Bidding to start from $425,000! Live at The Essex on Lake Merritt, 16th floor studio at an architectural award winning luxury high rise at the banks of Lake Merritt. Spacious balcony, upgraded stainless appliances, in unit washer and dryer, engineered wood floors throughout large walk in closet. Building amenities include: Pool, spa, gym, business center, conference room, club house with BBQ area, 24 hr lobby attendant,to name a few. Area features include: The Jewel of Oakland-Lake Merritt, public transportation within a few blocks, BART, rideshare to SF. World class music venues at the Paramount and Fox theaters, farmers markets, shops like WHole Foods and Trader Joe's, over 70 local restaurants and local events. You will be proud to call The Essex home! Stop by and see it for yourself!
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Details of The Essex On Lake Merritt #1606
666 sqft interior area
Property type
Condo
Interior area
666 sqft
View
Hills, Lake
Land area
42,966 sqft (0.99 acres)
Price per sqft
$747/sqft
Address
1 Lakeside Dr #1606, Oakland, CA, 94612
City of California
Oakland
County
Alameda
Condo building
The Essex On Lake Merritt
Year Built
2001
Previous price
$425,000
Sold price
$498,000
Association fees
$781
nr.of parking places
1
Neighborhood
Lake Merritt
District
Oakland Zip Code 94612
Virtual Tour
Open Houses
No upcoming open houses
Interior Features
1 rooms, 1 parking places
Beds
1
Baths
1
Floors
Vinyl, Engineered Wood
Property Condition
Existing
Garage & Parking
Space Per Unit - 1, Below Building Parking, Garage Door Opener
Kitchen features
Counter - Solid Surface, Counter - Stone, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Ice Maker Hookup, Microwave, Refrigerator, Self-Cleaning Oven, Updated Kitchen
Other rooms
Elevator, Studio, Counter - Solid Surface, Stone Counters, Updated Kitchen
Listed by
Janette Licata, Corcoran Icon Properties
Name
Janette Licata
License number
01379109
Brokerage company
Corcoran Icon Properties
MLS #
41038498
Buyer agent
Name
Kimberly Taylor
Brokerage company
Bhhs Drysdale Properties
Payment calculator
Calculate your monthly payments
Mortgage
$1,529
Taxes
$0
HOA dues
$781
Mortgage
$99,600 / 20%
2.28%
30 years
Your amount
$1,529 / month
Exterior Features
Concrete, Siding - Stucco construction and more
Construction
Concrete, Siding - Stucco
Building information
Builder/Architect: Swinerton
Model: Studio
Model: Studio
Pool
In Ground, Spa, Community
Yard
Railed
Lot details
TMK #87076
Lot Description
Corner Lot
Parcel nr.
87076
Lake Merritt neighborhood info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
—
no data
Hospital
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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 Lake Merritt
41%
Families with children
National average: 39%
51%
Non family households
364,979
Population
$115,095
Average Income
Age & gender
Median age 38 years
More info
Commute types
54% commute by car
More info
Education level
31% have bachelor education
More info
Number of employees
2% work in management
More info
Vehicles available
46% have 1 vehicle
More info
Vehicles by gender
46% have 1 vehicle
More info
Housing market insights for The Essex On Lake Merritt #1606
$1.17m
Neighborhood average
sales price*
sales price*
$911.72k
Neighborhood median
sales price*
sales price*
631
Number
of sales*
of sales*
$725k
Median sale price The Essex On Lake Merritt*
Housing type
33% are single detacheds
More info
Rooms
35% of the houses have 4 or 5 rooms
More info
Bedrooms
50% have 2 or 3 bedrooms
More info
Owners vs Renters
64% are renters
More info
10 condos sold in this Lake Merritt neighborhood over the last 6 months. View all sold Lake Merritt condos
17.83 / 20
Most Walkable
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
The Essex On Lake Merritt building info
The Essex On Lake Merritt
Clubhouse
Greenbelt
Fitness Center
Pool
Gated
Spa/Hot Tub
bbq area, pet restrictions, dsl/modem line
Other details
Security
Fire Sprinkler System, Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
Style
Contemporary
Construction
Concrete, Siding - Stucco
Community Association
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Price history
Sold Oct 20, 2023
The Essex On Lake Merritt Median sales price 2024
| Bedrooms | Med. price | % of listings |
|---|---|---|
| 2 beds | $850k | 100% |
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Oct 20, 2023 | Sold | $498,000 | 747.75 | Public Record |
| Oct 20, 2023 | Price Increase | $498,000 +17.18% | 747.75 | MLS #41038498 |
| Oct 8, 2023 | Pending | $425,000 | 638.14 | MLS #41038498 |
| Sep 8, 2023 | New Listing | $425,000 | 638.14 | MLS #41038498 |
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Frequently Asked Questions about The Essex On Lake Merritt #1606
What is The Essex On Lake Merritt #1606?
1 Lakeside Dr #1606, Oakland, CA, 94612 in the The Essex On Lake Merritt condominium building. This is a 1 bathroom and 1 bedroom condo in the Lake Merritt neighborhood. This apartment has 666 sqft interior space. This condo with unit number 1606. It is located in the city of Oakland, California.
Does this condo have views?
This condo has Hills, Lake views.
Which year was this condo built?
This condo was build in 2001.
Which year was this property last sold?
This property was sold in 2023.
What is the full address of this Condo?
1 Lakeside Dr #1606, Oakland, CA, 94612.
Are grocery stores nearby?
The closest grocery stores are Nature's Best Food, 0.22 miles away and E & M Food Market, 0.38 miles away.
What is the neighborhood like?
The Lake Merritt neighborhood has a population of 364,979, and 41% of the families have children. The median age is 38.59 years and 54% commute by car. The most popular housing type is "single detached" and 64% is renter.
Based on information from the bridgeMLS as of 05-02-2024. 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: Oct 20, 2023
Verhouse Last checked 3 minutes ago
The closest grocery stores are Nature's Best Food, 0.22 miles away and E & M Food Market, 0.38 miles away.
The Lake Merritt neighborhood has a population of 364,979, and 41% of the families have children. The median age is 38.59 years and 54% commute by car. The most popular housing type is "single detached" and 64% is renter.
