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Condo sold for $519,000 in 64 days

The Essex On Lake Merritt #318 1 Lakeside Dr #318, Oakland, CA, 94612

Neighborhood: Lake Merritt

Off the market 1 bed 1 baths 641 sqft

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Lake view is spectacular! This studio has it all! In unit washer/dryer, dual pane windows, private balcony, deeded parking space in gated garage, custom paint, quality engineered wood flooring, to name a few. The Essex on Lake Merritt is an award winning architectural building, you would be proud to call it your home. Building amenities include: Pool, Spa Gym, 24 hr lobby attendant. Public transportation within blocks BART, ride share to SF. Just down the street you have 100 local restaurants, shops, Whole Foods, Trader Joe's and world class music venues at the Paramount and Fox theaters. Farmers markets and local events abound.
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Details of The Essex On Lake Merritt #318

641 sqft interior area
Property type
Condo
Interior area
641 sqft
View
Hills, Lake, Panoramic
Land area
42,966 sqft (0.99 acres)
Price per sqft
$809/sqft
Address
1 Lakeside Dr #318, Oakland, CA, 94612
City of California
Oakland
County
Alameda
Condo building
The Essex On Lake Merritt
Year Built
2001
Previous price
$479,000
Sold price
$519,000
Association fees
$699
nr.of parking places
1
Floor Number
3
Neighborhood
Lake Merritt
District
Oakland Zip Code 94612
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Open Houses

No upcoming open houses

Interior Features

1 rooms, 1 parking places
Beds
1
Baths
1
Floors
Engineered Wood
Property Condition
Existing
Garage & Parking
Space Per Unit - 1, Below Building Parking, Garage Door Opener
Unit features
Elevator Building, Levels in Unit - 1, Other, No Steps to Entry, Studio
Kitchen features
Counter - Solid Surface, Counter - Stone, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Refrigerator
Other rooms
Elevator, Studio, Counter - Solid Surface, Stone Counters

Listed by

Janette Licata, Corcoran Global Living
Name
Janette Licata
License number
01379109
Brokerage company
Corcoran Global Living
MLS #
40970310

Buyer agent

Name
Non Member Out Of Area
Brokerage company
Bay East AOR

Payment calculator

Calculate your monthly payments
Mortgage
$1,594
Taxes
$0
HOA dues
$699
$2,293 per month
Mortgage
$103,800 / 20%
2.28%
30 years
Your amount $1,594 / month

Exterior Features

Stucco construction and more
Construction
Stucco
Yard
No Yard
Building information
Builder/Architect: Swinerton
Model: Lake view Studio
Pool
Community

Lot details

TMK #869518
Parcel nr.
869518

Lake Merritt 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 Lake Merritt

42%
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

55% 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 #318

$1.17m
Neighborhood average
sales price*
$919.61k
Neighborhood median
sales price*
632
Number
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

63% are renters
More info
17.83 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

The Essex On Lake Merritt building info

The Essex On Lake Merritt
Barbecue
BBQ Area
Clubhouse
Greenbelt
Fitness Center
Pool
Also features:
gated, spa/hot tub, dsl/modem line

Other details

Security
Fire Alarm, Fire Sprinkler System, Security Gate, Smoke Detector(s)
Style
Contemporary
Construction
Stucco
Community Association
The Essex on Lake Merritt

Schools

15 schools with rating up to 9
School rating Distance
NR
Starlite School
246 14th Street, Oakland, CA 94612
Elementary School
0.282mi
7
out of 10
American Indian Public Charter School Ii
171 12th Street, Oakland, CA 94607
Middle School
0.364mi
NR
Clickstudy International
1956 Webster Street, Oakland, CA 94612
High School
0.33mi
School rating Distance
NR
Starlite School
246 14th Street, Oakland, CA 94612
0.282mi
6
out of 10
American Indian Public Charter School
171 12th Street, Oakland, CA 94619
0.363mi
7
out of 10
American Indian Public Charter School Ii
171 12th Street, Oakland, CA 94607
0.364mi
7
out of 10
Lincoln Elementary School
225 11th Street, Oakland, CA 94607
0.439mi
NR
St. Paul's Episcopal School
116 Montecito Avenue, Oakland, CA 94610
0.49mi
School rating Distance
7
out of 10
American Indian Public Charter School Ii
171 12th Street, Oakland, CA 94607
0.364mi
9
out of 10
Downtown Charter Academy
301 12th Street, Oakland, CA 94607
0.442mi
NR
St. Paul's Episcopal School
116 Montecito Avenue, Oakland, CA 94610
0.49mi
7
out of 10
Oakland School for the Arts
530 18th Street, Oakland, CA 94612
0.569mi
NR
St. Andrew Missionary Baptist
P.O. Box 70378, Oakland, CA 94612
0.579mi
School rating Distance
NR
Clickstudy International
1956 Webster Street, Oakland, CA 94612
0.33mi
8
out of 10
Oakland Charter High School
2433 Coolidge Avenue Oakland CA 94601, Oakland, CA 94607
0.364mi
4
out of 10
Envision Academy For Arts & Technology
1515 Webster Street, Oakland, CA 94612
0.365mi
3
out of 10
Gateway To College at Laney College School
900 Fallon Street, Oakland, CA 94607
0.507mi
2
out of 10
Dewey Academy
1111 2nd Avenue, Oakland, CA 94606
0.554mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold Dec 10, 2021

The Essex On Lake Merritt Median sales price 2024

Bedrooms Med. price % of listings
2 beds $850k 100%
Date Event Price $/sqft Source
Dec 10, 2021 Sold $519,000 809.67 Public Record
Dec 10, 2021 Price Increase $519,000 +8.35% 809.67 MLS #40970310
Oct 23, 2021 Pending $479,000 747.27 MLS #40970310
Oct 8, 2021 New Listing $479,000 747.27 MLS #40970310

Agent viewpoints of 1 Lakeside Dr #318, Oakland, CA, 94612

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Frequently Asked Questions about The Essex On Lake Merritt #318

What is The Essex On Lake Merritt #318?

1 Lakeside Dr #318, 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 641 sqft interior space. This condo is located on floor number 3 with unit number 318. It is located in the city of Oakland, California.

Does this condo have views?

This condo has Hills, Lake, Panoramic 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 2021.

What is the full address of this Condo?

1 Lakeside Dr #318, 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, 0.39 miles away.

What is the neighborhood like?

The Lake Merritt neighborhood has a population of 364,979, and 42% of the families have children. The median age is 38.59 years and 55% commute by car. The most popular housing type is "single detached" and 63% is renter.

Based on information from the bridgeMLS as of 05-19-2024. 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: Dec 11, 2021
Verhouse Last checked 1 minute ago

1 Lakeside Dr #318, 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 641 sqft interior space with Hills, Lake, Panoramic views. This condo is located on floor number 3 with unit number 318. It is located in the city of Oakland, California.
The closest grocery stores are Nature's Best Food, 0.22 miles away and E & M Food Market, 0.39 miles away.
The Lake Merritt neighborhood has a population of 364,979, and 42% of the families have children. The median age is 38.59 years and 55% commute by car. The most popular housing type is "single detached" and 63% is renter.
Condo Sold $519k 1 Lakeside Dr #318, Oakland, CA, 94612 1 bed / 1 baths / 641 sqft Save House Remove from Saved