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Condo sold for $1,250,000 in 31 days

565 Merritt Ave 565 Merritt Ave, Oakland, CA, 94610

Neighborhood: Lake Merritt

Off the market 3 beds 3 baths 1,580 sqft

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Views, location and sophistication are rolled into one fabulous home w. this elegant penthouse just steps from the many conveniences of Lakeshore/Grand avenues & the walking/bike path around Lake Merritt. Built in 2001 & tucked into the sweet, vintage Cleveland Heights neighborhood, this spacious 2-story home is one of only 5 units & offers 3BR, 3BA, an open living room/dining room/kitchen, 2 balconies & parking in the attached garage. Includes spectacular panoramic Oakland/Piedmont hills, Lake Merritt, Grand Lake Theater & downtown Oakland views. A private 2nd-floor primary BR suite offers, an oversized outdoor deck, a walk-in closet & multiple exposures with views, and a beautifully remodeled bathroom with marble finishes, a soaking tub + custom walk/in shower. The kitchen & bathrooms were tastefully remodeled in 2018 & a well-designed floor plan maximizes space w/large, sunny rooms. Close to Lake Merritt, the Farmers' Market & Trader Joe's, w/easy access to BART and freeways.
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Details of 565 Merritt Ave

1,580 sqft interior area
Property type
Condo
Interior area
1,580 sqft
View
City Lights, Downtown, Hills, Lake
Price per sqft
$791/sqft
Address
565 Merritt Ave, Oakland, CA, 94610
City of California
Oakland
County
Alameda
Condo building
565 Merritt Ave
Year Built
2001
Previous price
$1,149,000
Sold price
$1,250,000
Association fees
$465
nr.of parking places
1
Floor Number
2
Solar
None
Neighborhood
Lake Merritt
District
Oakland Zip Code 94610
Virtual Tour

Open Houses

No upcoming open houses

Interior Features

5 rooms, 1 parking places
Beds
3
Baths
3
Floors
Carpet, Wood
Garage & Parking
Attached Garage, Space Per Unit - 1
Unit features
Corner Unit, End Unit, Penthouse Location
Kitchen features
Breakfast Bar, Counter - Stone, Dishwasher, Gas Range/Cooktop, Microwave, Refrigerator, Updated Kitchen
Other rooms
No Additional Rooms
Upper Level Features
Primary Bedrm Retreat

Listed by

Michael Lane, Compass
Name
Michael Lane
License number
01892532
Brokerage company
Compass
MLS #
40947418

Buyer agent

Name
Kai Bayless
Brokerage company
Compass

Payment calculator

Calculate your monthly payments
Mortgage
$3,838
Taxes
$0
HOA dues
$465
$4,303 per month
Mortgage
$250,000 / 20%
2.28%
30 years
Your amount $3,838 / month

Exterior Features

Stucco construction and more
Construction
Stucco
Yard
Patio, Roof Deck
Building information
Model: The Penthouse
Pool
No

Lot details

TMK #2341942
Lot Description
Down Slope
Parcel nr.
2341942

Lake Merritt neighborhood info

Essentials nearby
Neighborhood stats
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
389,515
Population
$115,441
Average Income

Age & gender

Median age 38 years
More info

Commute types

54% commute by car
More info

Education level

30% 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 565 Merritt Ave

$1.2m
Neighborhood average
sales price*
$993.57k
Neighborhood median
sales price*
751
Number
of sales*

Housing type

34% are single detacheds
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

62% are renters
More info

565 Merritt Ave building info

565 Merritt Ave
Dryer
Washer
Water Heater Gas
Window Coverings
Setting Urban

Other details

Style
Art Deco
Construction
Stucco
Community Association
NOT LISTED

ADU Accessory Dwelling Unit

Description
det garage conversion, 240 sqft
Baths
1 full
Kitchen
Yes

Schools

15 schools with rating up to 7
School rating Distance
6
out of 10
Cleveland Elementary School
745 Cleveland Street, Oakland, CA 94606
Elementary School
0.289mi
NR
St. Paul's Episcopal School
116 Montecito Avenue, Oakland, CA 94610
Middle School
0.76mi
NR
Bayhill High School
521 Boden Way, Oakland, CA 94610
High School
0.126mi
School rating Distance
6
out of 10
Cleveland Elementary School
745 Cleveland Street, Oakland, CA 94606
0.289mi
NR
Grand Lake Montessori
466 Chetwood Street, Oakland, CA 94610
0.605mi
4
out of 10
Bella Vista Elementary School
1025 East 28th Street, Oakland, CA 94610
0.743mi
NR
St. Paul's Episcopal School
116 Montecito Avenue, Oakland, CA 94610
0.76mi
4
out of 10
Franklin Elementary School
915 Foothill Boulevard, Oakland, CA 94606
1.007mi
School rating Distance
NR
St. Paul's Episcopal School
116 Montecito Avenue, Oakland, CA 94610
0.76mi
2
out of 10
Westlake Middle School
2629 Harrison Street, Oakland, CA 94612
0.912mi
6
out of 10
Edna Brewer Middle School
3748 13th Avenue, Oakland, CA 94610
1.006mi
7
out of 10
American Indian Public Charter School Ii
171 12th Street, Oakland, CA 94607
1.167mi
NR
St. Andrew Missionary Baptist
P.O. Box 70378, Oakland, CA 94612
1.241mi
School rating Distance
NR
Bayhill High School
521 Boden Way, Oakland, CA 94610
0.126mi
NR
Williams Academy
869 Tresle Glen Road, Oakland, CA 94610
0.413mi
4
out of 10
Oakland High School
1023 Macarthur Boulevard, Oakland, CA 94610
0.586mi
2
out of 10
Dewey Academy
1111 2nd Avenue, Oakland, CA 94606
1.001mi
NR
Clickstudy International
1956 Webster Street, Oakland, CA 94612
1.041mi
School ratings provided by Greatschools.org © 2023. All rights reserved.

Price history

Sold May 28, 2021

565 Merritt Ave Median sales price 2024

Bedrooms Med. price % of listings
Not specified $400k 0.74%
1 bed $475k 11.82%
2 beds $651.02k 47.13%
3 beds $810k 33.58%
4 beds $963.79k 6.5%
5 beds $1.22m 0.23%
Date Event Price $/sqft Source
May 28, 2021 Sold $1,250,000 791.14 Public Record
May 28, 2021 Price Increase $1,250,000 +8.79% 791.14 MLS #40947418
May 4, 2021 Pending $1,149,000 727.22 MLS #40947418
Apr 28, 2021 New Listing $1,149,000 -9.88% 727.22 MLS #40947418
Feb 25, 2021 Unavailable $1,275,000 806.96 MLS #40933548
Feb 5, 2021 Price Increase $1,275,000 +29.44% 806.96 MLS #40933548
Jan 18, 2021 New Listing $985,000 -17.23% 623.42 MLS #40933548
Apr 23, 2019 Sold $1,190,000 753.16 Public Record
Apr 23, 2019 Price Increase $1,190,000 +0.85% 753.16 MLS #40856784
Mar 26, 2019 Pending $1,180,000 746.84 MLS #40856784
Mar 14, 2019 New Listing $1,180,000 +133.66% 746.84 MLS #40856784
Sep 24, 2012 Sold $505,000 319.62 Public Record
Sep 24, 2012 Price Increase $505,000 +18.82% 319.62 MLS #40573619
Aug 19, 2012 Under contract $425,000 268.99 MLS #40573619
May 8, 2012 New Listing $425,000 268.99 MLS #40573619

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Frequently Asked Questions about 565 Merritt Ave

What is 565 Merritt Ave?

565 Merritt Ave, Oakland, CA, 94610 in the condominium building. This is a 3 bathrooms and 3 bedroom condo in the Lake Merritt neighborhood. This apartment has 1,580 sqft interior space. This condo is located on floor number 2. It is located in the city of Oakland, California.

Does this condo have views?

This condo has City Lights, Downtown, 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 2021.

What is the full address of this Condo?

565 Merritt Ave, Oakland, CA, 94610.

Are grocery stores nearby?

The closest grocery stores are Trader Joe's, 0.18 miles away and Lakeshore Natural Foods, 0.26 miles away.

What is the neighborhood like?

The Lake Merritt neighborhood has a population of 389,515, and 41% of the families have children. The median age is 38.73 years and 54% commute by car. The most popular housing type is "single detached" and 62% is renter.

Based on information from the bridgeMLS as of 04-25-2024. 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 31, 2021
Verhouse Last checked 1 year ago

565 Merritt Ave, Oakland, CA, 94610 in the condominium building. This is a 3 bathrooms and 3 bedroom condo in the Lake Merritt neighborhood. This apartment has 1,580 sqft interior space with City Lights,Downtown,Hills,Lake views. This condo is located on floor number 2. It is located in the city of Oakland, California.
The closest grocery stores are Trader Joe's, 0.18 miles away and Lakeshore Natural Foods, 0.26 miles away.
The Lake Merritt neighborhood has a population of 389,515, and 41% of the families have children. The median age is 38.73 years and 54% commute by car. The most popular housing type is "single detached" and 62% is renter.
Condo Sold $1.25m 565 Merritt Ave, Oakland, CA, 94610 3 beds / 3 baths / 1,580 sqft Save House Remove from Saved