131 Ironwood, Oakland, California 94605, Oakland, 94605 - 3 bed, 3 bath
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131 Ironwood
Oakland, California 94605
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,636Sq Ft
3,018Lot Size
Property Price
LIST PRICE$669,000
EST. MARKET VALUE
$716,595
6% BelowMARKET VALUE
SUMMARY
This three-bedroom townhouse represents a Strong Value Opportunity, listed at $669,000—positioned well below the $716,595 Fair Market Value by 6%. This valuation gap provides $47,595 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a Modern Gourmet Kitchen and Panoramic Hill Views, balanced by a manageable HOA fee. While local school ratings are modest, the property’s move-in ready status and private outdoor oasis make it an ideal choice for Owner-Occupants or first-time buyers seeking a tranquil, well-appointed retreat.
Estimated Market Value
$716,595+$47,595 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Oakland.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 131 Ironwood Subject | $669,000* List Price | 3 | 3 | 1,636 | $438 | - |
A 25 Graeagle Sold | $799,000 | 3 | 3 | 1,636 | $488 | 0.4 mi |
B 34 Chimney Rock Active | $649,000 List Price | 3 | 3 | 1,636 | $397 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1977, the property features a renovated gourmet kitchen with granite countertops and stainless steel appliances, likely updated within the last 5-15 years. The interior is well-maintained and move-in ready with updated flooring and a manicured backyard, though some dated elements like popcorn ceilings and older bathroom fixtures remain.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Hill Views
The property offers stunning panoramic views of the surrounding hills, providing a serene and high-end atmosphere that enhances the home's tranquility.
- Modern Gourmet Kitchen
The kitchen is well-appointed with granite countertops, stainless steel appliances, and a breakfast bar, creating a functional and stylish space for entertaining.
- Private Outdoor Oasis
A low-maintenance backyard featuring a lush succulent garden and private patio offers a rare, peaceful retreat from urban life within a townhouse setting.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $768 is significant, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Underperforming School District
The assigned public schools have relatively low ratings, ranging from 2 to 4, which could be a drawback for families and potentially affect future resale value.
About 131 Ironwood
Discover the perfect blend of luxury and tranquility in this three bedroom, two-and-a-half bath townhome designed for both comfort and entertaining. Nestled in a peaceful setting, this home welcomes you with stunning panoramic views of the surrounding hills. Step into a bright, open concept living area with high ceilings and a cozy fireplace, creating an inviting atmosphere for relaxing evenings. The gourmet kitchen is a chef's delight, equipped with granite countertops, stainless steel appliances, and a breakfast bar perfect for casual morning coffee or hosting friends. The first level is complete with a half-bath and large dining area. Upstairs features three spacious bedrooms and two bathrooms. The highlight of this property is the lovely, low maintenance backyard with private patio. The garden is a lush, vibrant oasis filled with a diverse collection of succulents and blooming trees. It is a private, peaceful retreat from busy city life. The property also includes a two-car garage with auto opener. Located on a quiet court in the beautiful community of Sequoyah Heights!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1977
- Lot Size
- 3,018 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $768.0 / Month
Neighborhood Insights
Oakland Unified Schools
Grass Valley Elementary School
Grades K-5 • 0.8 mi
2/10
Howard Elementary School
Grades K-5 • 1.3 mi
4/10
Carl B. Munck Elementary School
Grades K-5 • 3.3 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,636 | 1,674.857 |
| Lot Size | 3,018 | 2,080.929 |
| Price | $669.0K | $806.5K |
| Price per sq ft | $409 | $497 |
| Built year | 1977 | 2003 |
| HOA | $768.0 | $494 |
| Days on market | 22 | 47 |
Pricing History
Listed for Sale
Aug 18, 2026
$669,000
Initial Listing
Sold
Jul 17, 2019
$669,000
Public Record
Sold
Feb 15, 2005
$597,000
Public Record
Sold
Jul 13, 2001
$355,000
Public Record