2775 Butters Dr, Oakland, California 94602, Oakland, 94602 - 4 bed, 4 bath

2775 Butters Dr, Oakland, California 94602 home-pic-0
ACTIVE$899,000$3,158/sqft
Est. Value: $1,101,793
22%
BelowEstimate
2775 Butters Dr, Oakland, California 94602
4Beds
4Baths
3,158Sqft
9,283Lot

Price Vs. Estimate

The estimated value ($1,101,793.335) is $202,793.335 (22%) higher than the list price ($899,000). This property may be underpriced.

Key pros and cons

Top Pros:
Desirable Location: Located in the sought-after 'OAKLAND HILLS' subdivision, offering a prestigious address and potentially strong appreciation.
Top Cons:
Extensive Renovation Required: Explicitly described as a 'Fixer Property,' indicating that significant investment in repairs, upgrades, and modernization will be necessary.

Compared to the nearby listings

Price:$899.0K vs avg $995.0K ($-96,000)42%
Size:3,158 sqft vs avg 1,402 sqft97%
Price/sqft:$285 vs avg $6506%

More Insights

Built in 1998 (28 years old).
Condition: Built in 1998, this property is 26 years old and appears to have had no major renovations since construction, aligning with the 'Fair' category. The listing explicitly states it's a 'Lender Owned Fixer Property,' indicating significant work is needed. While the hardwood floors in many areas are in good condition, the kitchen features dated dark wood cabinets, speckled granite countertops, and black appliances. The bathrooms are notably outdated with 90s-era tiles, brass/gold-toned fixtures, strip lighting, and a jetted tub, all requiring substantial modernization. The carpet in one living area also shows wear. Major components appear functional, but the overall style and condition are significantly aged and require extensive updates, not just minor repairs, to meet current standards.
Year Built
1998
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$285
HOA
-
Days on market
-
Sold On
-
MLS number
41119943
Home ConditionFair
Features
Good View:
Deck
View-

About this home

Lender Owned Fixer Property. Big Modern 2 Story House.

E
Erica Marr
Listing Agent

Nearby schools

7/10
Joaquin Miller Elementary School
Public,K-50.9mi
3/10
Carl B. Munck Elementary School
Public,K-51.3mi
4/10
Montera Middle School
Public,6-80.9mi
4/10
Skyline High School
Public,9-121.7mi
2/10
Fremont High
Public,9-122.6mi
2/10
Oakland International High School
Public,9-124.1mi

Price History

Date
Event
Price
09/07/99
Sold
$130,500
04/10/97
Sold
$325,000
Condition Rating
Fair

Built in 1998, this property is 26 years old and appears to have had no major renovations since construction, aligning with the 'Fair' category. The listing explicitly states it's a 'Lender Owned Fixer Property,' indicating significant work is needed. While the hardwood floors in many areas are in good condition, the kitchen features dated dark wood cabinets, speckled granite countertops, and black appliances. The bathrooms are notably outdated with 90s-era tiles, brass/gold-toned fixtures, strip lighting, and a jetted tub, all requiring substantial modernization. The carpet in one living area also shows wear. Major components appear functional, but the overall style and condition are significantly aged and require extensive updates, not just minor repairs, to meet current standards.
Pros & Cons

Pros

Desirable Location: Located in the sought-after 'OAKLAND HILLS' subdivision, offering a prestigious address and potentially strong appreciation.
Spacious Modern Design: A 'Big Modern 2 Story House' built in 1998, boasting a substantial 3158 sqft of living space with a contemporary layout.
Generous Lot Size: Features a sizable 9283 sqft lot, providing ample outdoor space for landscaping, recreation, or potential expansion.
High Bedroom and Bathroom Count: With 4 bedrooms and 4 bathrooms, the property offers significant capacity and convenience for families or those desiring multiple private spaces.
Significant Value-Add Potential: As a 'Lender Owned Fixer Property,' it presents a unique opportunity for a buyer to customize, renovate, and add substantial equity and value.

Cons

Extensive Renovation Required: Explicitly described as a 'Fixer Property,' indicating that significant investment in repairs, upgrades, and modernization will be necessary.
Lender-Owned Transaction Complexities: Being 'Lender Owned' often implies an 'as-is' sale with limited disclosures, potentially leading to a less flexible negotiation process and increased buyer risk.
Mixed School Performance: While some local schools are well-rated, certain nearby high schools have lower performance ratings, which could be a consideration for families with school-aged children.
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