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Condo sold for $1,085,000 in 92 days

The Essex On Lake Merritt #421 1 Lakeside Dr #421, Oakland, CA, 94612

Neighborhood: Lake Merritt

Off the market 2 beds 2 baths 1,349 sqft

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Fabulous, two bedroom, two full bathroom, corner unit Condo on the 4th floor, filled with light and with fabulous views extending almost 180 degrees from the Oakland City Centre skyline to Lake Merritt! Wonderful architecture, from the curving oversized glass windows in the living room providing sweeping views of Lake Merritt and the East Bay hills to the master bedroom with it's views from two sides of both the Oakland City skyline, the East Bay hills and Lake Merritt! Many upgrades, including hardwood floors, granite kitchen counter tops, stainless steel appliances and tiled bathroom floors, as well as a formal dining area, in unit laundry and a balcony to sit outside on! Community features include a resort like pool area with hot tub, a gym, conference rooms and a clubhouse that can be rented for parties! Close to all the amenities Oakland has to offer, and with a gated, two car tandem garage, high speed elevators and 24 hour front desk staff this building is a wonderful place to live!
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Details of The Essex On Lake Merritt #421

1,349 sqft interior area
Property type
Condo
Interior area
1,349 sqft
View
City Lights, Downtown, Greenbelt, Hills, Lake, Mountain(s), Panoramic, Park, Ridge, Water, City
Land area
42,966 sqft (0.99 acres)
Price per sqft
$804/sqft
Address
1 Lakeside Dr #421, Oakland, CA, 94612
City of California
Oakland
County
Alameda
Condo building
The Essex On Lake Merritt
Year Built
2001
Previous price
$1,098,000
Sold price
$1,085,000
Association fees
$933
nr.of parking places
2
Neighborhood
Lake Merritt
District
Oakland Zip Code 94612
Virtual Tour

Open Houses

No upcoming open houses

Interior Features

3 rooms, 2 parking places
Beds
2
Baths
2
Floors
Hardwood, Tile, Carpet
Property Condition
Existing
Garage & Parking
Int Access From Garage, Space Per Unit - 2, Tandem, Below Building Parking, Garage Door Opener
Kitchen features
Counter - Stone, Dishwasher, Electric Range/Cooktop, Grill Built-in, Microwave, Range/Oven Built-in, Refrigerator, Updated Kitchen
Other rooms
Formal Dining Room, Stone Counters, Updated Kitchen

Listed by

Mark Playsted, Compass
Name
Mark Playsted
License number
01228614
Brokerage company
Compass
MLS #
41017869

Buyer agent

Name
Casey Paik
Brokerage company
ONE SOLUTION HOLDING GROUP

Payment calculator

Calculate your monthly payments
Mortgage
$3,332
Taxes
$0
HOA dues
$933
$4,265 per month
Mortgage
$217,000 / 20%
2.28%
30 years
Your amount $3,332 / month

Exterior Features

Stucco, Steel, Glass construction and more
Construction
Stucco, Steel, Glass
Pool
In Ground, Pool House, Community
Yard
Other

Lot details

TMK #869621
Lot Description
Corner Lot
Parcel nr.
869621

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

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 #421

$1.17m
Neighborhood average
sales price*
$910.5k
Neighborhood median
sales price*
630
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

64% 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
Clubhouse
Greenbelt
Fitness Center
Pool
Roof Deck
Gated
Also features:
spa/hot tub, barbecue, bbq area, picnic area

Other details

Security
Fire Alarm, Fire Sprinkler System, Fire Suppression System, Secured Access, Security Gate, Security Patrol, Smoke Detector(s)
Style
Contemporary
Construction
Stucco, Steel, Glass
Community Association
The Essex on Lake Merritt

Price history

Sold Apr 27, 2023

The Essex On Lake Merritt Median sales price 2024

Bedrooms Med. price % of listings
2 beds $850k 100%
Date Event Price $/sqft Source
Apr 27, 2023 Sold $1,085,000 804.3 Public Record
Apr 27, 2023 Price Decrease $1,085,000 -1.18% 804.3 MLS #41017869
Mar 10, 2023 Pending $1,098,000 813.94 MLS #41017869
Jan 26, 2023 New Listing $1,098,000 -1.96% 813.94 MLS #41017869
Dec 15, 2022 Unavailable $1,120,000 0 MLS #41008762
Oct 20, 2022 Price Decrease $1,120,000 -2.61% 830.24 MLS #41008762
Oct 11, 2022 Price Decrease $1,150,000 -4.01% 852.48 MLS #41008762
Sep 16, 2022 New Listing $1,198,000 888.07 MLS #41008762
Aug 16, 2022 Unavailable $1,198,000 0 MLS #40998116
Jun 17, 2022 New Listing $1,198,000 -4.31% 888.07 MLS #40998116
Aug 4, 2021 Sold $1,252,000 928.09 Public Record
Aug 4, 2021 Price Increase $1,252,000 +7.47% 928.09 MLS #40957212
Jul 14, 2021 Pending $1,165,000 863.6 MLS #40957212
Jul 3, 2021 New Listing $1,165,000 -1.94% 863.6 MLS #40957212
Nov 29, 2016 Sold $1,188,000 880.65 Public Record
Nov 29, 2016 Price Increase $1,188,000 +19.04% 880.65 MLS #40762305
Nov 18, 2016 Under contract $998,000 739.81 MLS #40762305
Oct 28, 2016 New Listing $998,000 739.81 MLS #40762305

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Frequently Asked Questions about The Essex On Lake Merritt #421

What is The Essex On Lake Merritt #421?

1 Lakeside Dr #421, Oakland, CA, 94612 in the The Essex On Lake Merritt condominium building. This is a 2 bathrooms and 2 bedroom condo in the Lake Merritt neighborhood. This apartment has 1,349 sqft interior space. This condo with unit number 421. It is located in the city of Oakland, California.

Does this condo have views?

This condo has City Lights, Downtown, Greenbelt, Hills, Lake, Mountain(s), Panoramic, Park, Ridge, Water, City 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 #421, 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 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: Apr 28, 2023
Verhouse Last checked 1 minute ago

1 Lakeside Dr #421, Oakland, CA, 94612 in the The Essex On Lake Merritt condominium building. This is a 2 bathrooms and 2 bedroom condo in the Lake Merritt neighborhood. This apartment has 1,349 sqft interior space with City Lights, Downtown, Greenbelt, Hills, Lake, Mountain(s), Panoramic, Park, Ridge, Water, City views. This condo with unit number 421. 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 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.
Condo Sold $1.09m 1 Lakeside Dr #421, Oakland, CA, 94612 2 beds / 2 baths / 1,349 sqft Save House Remove from Saved