Seller's Agent in 2024
Bach Nguyen
Jack London Square Realty
(510) 928-8261
2 in this area
44 Total Sales
The Essex on Lake Merritt 1 Lakeside Dr Unit 503 Oakland, CA 94612
Lakeside NeighborhoodEstimated Value: $772,000 - $815,157
2
Beds
2
Baths
1,232
Sq Ft
$972/mo
HOA Fee
Highlights
- Fitness Center
- Pool House
- Gated Community
- Lincoln Elementary School Rated 9+
- Panoramic View
- Clubhouse
About This Home
As of April 2024This Stunning Corner unit comes with panoramic views of Lake Merritt, Oakland Hills and Downtown. Highly desirable 2-bedroom corner units are rarely on the market at The Essex. Enjoy this bright unit with its 2 bathrooms, breakfast bar and in-unit washer/dryer. Walk-in closet in the master bedroom. All appliances included. New paint and new carpet. 1 parking space in secured garage. HOA amenities: 24/7 lobby front desk; Pool; Sauna; Fitness Center; Library; Conference Room + more. Conveniently located near BART and public transportation. The Essex is a Luxurious & Sophisticated Condominium on the shores of Lake Merritt in Oakland. Enjoy the comforts of an urban vibe & effortless lifestyle - conveniently located by Lake Merrit’s natural surroundings and downtown Oakland’s dining and boutique shops.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,141
Year Built
- Built in 2001
Lot Details
- 0.99
HOA Fees
- $972 Monthly HOA Fees
Parking
- 1 Car Garage
- Tuck Under Parking
- Garage Door Opener
Property Views
- Panoramic
- Chain Of Lake
Home Design
- Contemporary Architecture
- Stucco
Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Stone Countertops
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Washer and Dryer Hookup
Pool
- Pool House
- Above Ground Pool
- Spa
Utilities
- No Cooling
- Space Heater
Additional Features
- 3-Story Property
- End Unit
Listing and Financial Details
- Assessor Parcel Number 869713
Community Details
Overview
- Association fees include common area maintenance, common hot water, hazard insurance, trash, water/sewer
- 270 Units
- Call Listing Agent Association, Phone Number (510) 267-0790
- Lake Merritt Subdivision
Recreation
Additional Features
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 22, 2024
Closed on
Apr 2, 2024
Sold by
Long Road Llc
Bought by
Kirkpatrick Merritt Revocable Living Trust and Merritt
Seller's Agent
Bach Nguyen
Jack London Square Realty
Buyer's Agent
Janette Licata
Corcoran Icon Properties
List Price
$825,000
Sold Price
$850,000
Premium/Discount to List
$25,000
3.03%
Total Days on Market
7
Views
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,029
Avg. Annual Appreciation
-6.35%
Original Mortgage
$350,000
Outstanding Balance
$346,263
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$449,776
Purchase Details
Closed on
Oct 9, 2023
Sold by
Chicago Title Co
Bought by
Long Road Llc
Purchase Details
Closed on
Oct 22, 2007
Sold by
Leonard Leslie L
Bought by
Cheng Patty Shan Pu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 16, 2004
Sold by
Lennar Emerald Merritt Partners Llc
Bought by
Leonard Leslie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,680
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kirkpatrick Merritt Revocable Living Trust | $850,000 | Chicago Title | |
| Long Road Llc | $670,000 | Chicago Title | |
| Cheng Patty Shan Pu | $600,000 | North American Title Company | |
| Leonard Leslie L | $512,500 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kirkpatrick Merritt Revocable Living Trust | $350,000 | |
| Previous Owner | Cheng Patty Shan Pu | $420,000 | |
| Previous Owner | Leonard Leslie L | $230,000 | |
| Previous Owner | Leonard Leslie L | $409,680 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $850,000 | -- | -- |
| 04/26/2024 04/26/24 | Sold | $850,000 | +3.0% | $690 / Sq Ft |
| 03/29/2024 03/29/24 | Pending | -- | -- | -- |
| 03/22/2024 03/22/24 | For Sale | $825,000 | -- | $670 / Sq Ft |
Source: bridgeMLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $13,141 | $900,000 | $270,000 | $630,000 |
| 2023 | $15,141 | $757,463 | $227,239 | $530,224 |
| 2022 | $14,844 | $742,613 | $222,784 | $519,829 |
| 2021 | $12,673 | $728,057 | $218,417 | $509,640 |
| 2020 | $11,247 | $720,593 | $216,178 | $504,415 |
| 2019 | $12,880 | $706,470 | $211,941 | $494,529 |
| 2018 | $10,628 | $692,621 | $207,786 | $484,835 |
| 2017 | $10,233 | $679,043 | $203,713 | $475,330 |
| 2016 | $10,513 | $665,730 | $199,719 | $466,011 |
| 2015 | $10,350 | $655,733 | $196,720 | $459,013 |
| 2014 | $10,042 | $610,000 | $183,000 | $427,000 |
Source: Public Records
Agents Affiliated with this Home
-
Bach Nguyen
-
Anthea Ferrer
Seller Co-Listing Agent in 2024
Anthea Ferrer
Jack London Square Realty
(510) 452-7048
3 in this area
21 Total Sales
-
Janette Licata
Buyer's Agent in 2024
Janette Licata
Corcoran Icon Properties
(925) 998-1069
11 in this area
19 Total Sales
About The Essex on Lake Merritt
Map
Similar Homes in Oakland, CA
Source: bridgeMLS
MLS Number: 41053635
APN: 008-0697-013-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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