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Condo sold for $605,000 in 50 days

The Essex On Lake Merritt #718 1 Lakeside Dr #718, Oakland, CA, 94612

Neighborhood: Lake Merritt

Off the market 1 bed 1 baths 641 sqft

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Sleek and stylish Junior one bedroom with panoramic views of Lake Merritt, located in Lake Merritt's premiere full service luxury high-rise, The Essex. The residence boasts hardwood floors throughout, granite counter tops, and in-unit laundry. Amenities include an impressive infinity roof pool and spa deck overlooking the lake, 24/7 concierge, equipped fitness center, conference room, business center, and two inviting community Club Rooms for large and small entertainment opportunities. Parking is also included. Enjoy being steps away from the BART, farmers markets, incredible restaurants, local wineries, breweries, art galleries, and the most diverse music venues and theater that Oakland has to offer!
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Details of The Essex On Lake Merritt #718

641 sqft interior area
Property type
Condo
Interior area
641 sqft
View
Hills, Lake, Panoramic
Price per sqft
$943/sqft
Address
1 Lakeside Dr #718, Oakland, CA, 94612
City of California
Oakland
County
Alameda
Condo building
The Essex On Lake Merritt
Year Built
2001
Previous price
$495,000
Sold price
$605,000
Association fees
$635
nr.of parking places
1
Floor Number
7
Neighborhood
Lake Merritt
District
Oakland Zip Code 94612

Open Houses

No upcoming open houses

Interior Features

1 rooms, 1 parking places
Beds
1
Baths
1
Floors
Hardwood Floors
Garage & Parking
Space Per Unit - 1
Unit features
Elevator Building, Levels in Unit - 1, Studio, No Steps to Entry
Kitchen features
Breakfast Bar, Counter - Stone, Dishwasher, Electric Range/Cooktop, Microwave, Refrigerator
Other rooms
No Additional Rooms

Listed by

Lauren Kilbourne, KIM COLE REAL ESTATE, INC.
Name
Lauren Kilbourne
License number
02020609
Brokerage company
KIM COLE REAL ESTATE, INC.
MLS #
40856998

Buyer agent

Name
Nikki Lui
Brokerage company
The Cal Agents Realty Inc.

Payment calculator

Calculate your monthly payments
Mortgage
$1,858
Taxes
$0
HOA dues
$635
$2,493 per month
Mortgage
$121,000 / 20%
2.28%
30 years
Your amount $1,858 / month

Exterior Features

Stucco construction and more
Construction
Stucco
Yard
Patio
Pool
Yes

Lot details

TMK #869918
Lot Description
Lakefront
Parcel nr.
869918

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 #718

$1.16m
Neighborhood average
sales price*
$913.69k
Neighborhood median
sales price*
643
Number
of sales*
$575k
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
Dryer
Fire Sprinklers
Garage Door Opener
Washer
Window Coverings
Club House
Also features:
gym/exercise facility, pool, roof deck, spa

Other details

Style
Contemporary
Construction
Stucco
Community Association
The Essex on Lake Merritt

Schools

15 schools with rating up to 10
School rating Distance
NR
Starlite School
246 14th Street, Oakland, CA 94612
Elementary School
0.279mi
9
out of 10
American Indian Public Charter School Ii
171 12th Street, Oakland, CA 94607
Middle School
0.36mi
NR
Clickstudy International
1956 Webster Street, Oakland, CA 94612
High School
0.332mi
School rating Distance
NR
Starlite School
246 14th Street, Oakland, CA 94612
0.279mi
7
out of 10
American Indian Public Charter School
171 12th Street, Oakland, CA 94619
0.359mi
9
out of 10
American Indian Public Charter School Ii
171 12th Street, Oakland, CA 94607
0.36mi
8
out of 10
Lincoln Elementary School
225 11th Street, Oakland, CA 94607
0.436mi
NR
St. Paul's Episcopal School
116 Montecito Avenue, Oakland, CA 94610
0.494mi
School rating Distance
9
out of 10
American Indian Public Charter School Ii
171 12th Street, Oakland, CA 94607
0.36mi
10
out of 10
Downtown Charter Academy
301 12th Street, Oakland, CA 94607
0.44mi
NR
St. Paul's Episcopal School
116 Montecito Avenue, Oakland, CA 94610
0.494mi
7
out of 10
Oakland School for the Arts
530 18th Street, Oakland, CA 94612
0.57mi
NR
St. Andrew Missionary Baptist
P.O. Box 70378, Oakland, CA 94612
0.581mi
School rating Distance
NR
Clickstudy International
1956 Webster Street, Oakland, CA 94612
0.332mi
9
out of 10
Oakland Charter High School
2433 Coolidge Avenue Oakland CA 94601, Oakland, CA 94607
0.36mi
6
out of 10
Envision Academy For Arts & Technology
1515 Webster Street, Oakland, CA 94612
0.364mi
1
out of 10
Gateway To College at Laney College School
900 Fallon Street, Oakland, CA 94607
0.503mi
NR
Dewey Academy
1111 2nd Avenue, Oakland, CA 94606
0.551mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold May 3, 2019

The Essex On Lake Merritt Median sales price 2023

Bedrooms Med. price % of listings
1 bed $600k 83.33%
2 beds $1.09m 16.67%
Date Event Price $/sqft Source
May 3, 2019 Sold $605,000 943.84 Public Record
May 3, 2019 Price Increase $605,000 +22.22% 943.84 MLS #40856998
Apr 8, 2019 Pending $495,000 772.23 MLS #40856998
Mar 18, 2019 For sale $495,000 772.23 MLS #40856998
Mar 18, 2019 Active - Contingent Remove $495,000 772.23 MLS #40856998
Mar 15, 2019 New Listing $495,000 772.23 MLS #40856998

Agent viewpoints of 1 Lakeside Dr #718, Oakland, CA, 94612

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Frequently Asked Questions about The Essex On Lake Merritt #718

What is The Essex On Lake Merritt #718?

1 Lakeside Dr #718, 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 7 with unit number 718. 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 2019.

What is the full address of this Condo?

1 Lakeside Dr #718, 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 38.62 years and 54% commute by car. The most popular housing type is "single detached" and 63% is renter.

Based on information from the bridgeMLS as of 04-26-2024. 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: May 03, 2019
Verhouse Last checked 1 year ago

1 Lakeside Dr #718, 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 7 with unit number 718. It is located in the city of Oakland, California.
Nearby schools include Starlite School, American Indian Public Charter School Ii and Clickstudy International.
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 38.62 years and 54% commute by car. The most popular housing type is "single detached" and 63% is renter.
Condo Sold $605k 1 Lakeside Dr #718, Oakland, CA, 94612 1 bed / 1 baths / 641 sqft Save House Remove from Saved