3941 Madrone Avenue, Oakland, California 94619, Oakland, 94619 - 3 bed, 1 bath

3941 Madrone Avenue, Oakland, California 94619 home-pic-0
ACTIVE$649,000$990/sqft
Est. Value: $663,674
2%
FairlyEstimate
3941 Madrone Avenue, Oakland, California 94619
3Beds
1Bath
990Sqft
2,250Lot

Price Vs. Estimate

The estimated value mostly matches the list price at $649,000.

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated in Oakland’s sought-after Upper Laurel neighborhood, offering excellent proximity to shops, parks, dining, and convenient access to Highways 13 and 580.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

Compared to the nearby listings

Price:$649.0K vs avg $877.5K ($-228,500)19%
Size:990 sqft vs avg 1,534 sqft18%
Price/sqft:$656 vs avg $63057%

More Insights

Built in 1923 (103 years old).
Condition: Despite being built in 1923, this property has undergone extensive and recent renovations, including an updated kitchen, new Andersen windows, upgraded electrical and plumbing, a replaced sewer lateral, and an earthquake retrofit. The kitchen features modern white shaker cabinets, dark countertops, a contemporary mosaic tile backsplash, and stainless steel appliances, appearing virtually new. The main living areas boast well-maintained hardwood flooring and modern light fixtures. The bathroom is clean, fresh, and functional, meeting current quality standards. While there is an 'unwarranted bonus space' that is unfinished, the primary living areas are in excellent, move-in ready condition with no deferred maintenance.
Year Built
1923
Close
-
List price
$649K
Original List price
$649K
Price/Sqft
$656
HOA
-
Days on market
-
Sold On
-
MLS number
41121072
Home ConditionExcellent
Features
View-

About this home

Tucked into Oakland’s sought-after Upper Laurel neighborhood, this inviting bungalow blends classic character with thoughtful updates, creating a home that feels welcoming and easy to live in. Step inside to a bright living room filled with natural light, where a decorative fireplace creates a cozy focal point. The space flows comfortably into the dining area, making everyday living and casual gatherings feel effortless. The kitchen is bright and functional, featuring clean lines, generous cabinetry, and a modern tile backsplash. A door from the kitchen opens directly to a wood deck, creating easy indoor/outdoor flow for morning coffee, weekend meals, or relaxing in the fresh air. Three bedrooms offer flexibility for restful retreats, guests, or working from home, each filled with natural light and classic charm. The bathroom feels fresh and simple, with a clean, timeless look. Beyond the main living areas, a lower-level unwarranted bonus space provides flexibility with laundry, a half bath, and open areas suitable for storage, hobbies, or workshop use. Recent improvements include an updated kitchen, earthquake retrofit, electrical and plumbing upgrades, Andersen windows, and a replaced sewer lateral. Close to shops, parks, dining, and convenient access to Highways 13 and 580.

L
Larisa Sidorova
Listing Agent

Price History

Date
Event
Price
10/01/78
Sold
$32,500
Condition Rating
Excellent

Despite being built in 1923, this property has undergone extensive and recent renovations, including an updated kitchen, new Andersen windows, upgraded electrical and plumbing, a replaced sewer lateral, and an earthquake retrofit. The kitchen features modern white shaker cabinets, dark countertops, a contemporary mosaic tile backsplash, and stainless steel appliances, appearing virtually new. The main living areas boast well-maintained hardwood flooring and modern light fixtures. The bathroom is clean, fresh, and functional, meeting current quality standards. While there is an 'unwarranted bonus space' that is unfinished, the primary living areas are in excellent, move-in ready condition with no deferred maintenance.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in Oakland’s sought-after Upper Laurel neighborhood, offering excellent proximity to shops, parks, dining, and convenient access to Highways 13 and 580.
Extensive System Upgrades: Recent significant improvements include an earthquake retrofit, updated electrical and plumbing, Andersen windows, and a replaced sewer lateral, ensuring modern functionality and reduced immediate maintenance concerns.
Updated Kitchen & Bath: The home features a bright, functional kitchen with modern tile backsplash and generous cabinetry, alongside a fresh, timeless bathroom, enhancing daily living and aesthetic appeal.
Flexible Bonus Space: A lower-level bonus area with laundry and a half bath provides versatile options for storage, hobbies, or a workshop, adding valuable functional utility to the property.
Indoor-Outdoor Flow: Direct access from the kitchen to a wood deck creates seamless indoor/outdoor flow, perfect for morning coffee, casual meals, or relaxing in the fresh air.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Unwarranted Bonus Space: The lower-level bonus area is described as 'unwarranted,' which may present legal or permitting challenges and could impact its official square footage or future resale value.
Compact Living Area & Lot Size: With 990 sqft of living space and a 2250 sqft lot, the property offers a relatively small footprint for a 3-bedroom home, potentially limiting space for larger families or extensive outdoor activities.
Historic Property Considerations: Built in 1923, despite significant recent upgrades, the home's age may still imply potential for ongoing maintenance related to its original structure or components not explicitly mentioned as updated.
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