55 Fairmount Ave 215, Oakland, California 94611, Oakland, 94611 - 2 bed, 2 bath
ACTIVE$499,000
55 Fairmount Ave 215, Oakland, California 94611
2Beds
2Baths
936Sqft
23,760Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Location & Transit Access: The property boasts unparalleled access to essential amenities like Whole Foods, Sprouts, Lake Merritt, and surrounding shopping districts, coupled with excellent proximity to major transportation hubs including 19th Street BART, Casual Carpool, and major freeways (550/80).
Top Cons:
Significant Monthly Association Fees: The $636.0 monthly association fee is relatively high, adding a substantial recurring cost to homeownership that potential buyers must factor into their budget.
Compared to the nearby listings
Price:$499.0K vs avg $380.0K (+$119,000)74%
Size:936 sqft vs avg 720 sqft78%
Price/sqft:$533 vs avg $51759%
More Insights
Built in 1970 (55 years old).
Condition: Built in 1970, this property has undergone significant renovations, giving it a 'modern feel' as described. The kitchen features updated granite countertops and stainless steel appliances, and the bathrooms also have granite vanities and updated fixtures. The living areas boast modern-looking laminate flooring and recessed lighting, while bedrooms are carpeted and appear well-maintained. The overall condition is move-in ready with no immediate renovations required. While the updates are substantial and functional, some elements like the cabinet style and certain light fixtures suggest the renovation was likely within the last 5-15 years rather than a brand-new, high-end overhaul, placing it squarely in the 'Good' category.
Year Built
1970
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$533
HOA
$636
Days on market
-
Sold On
-
MLS number
41110254
Home ConditionGood
Features
Deck
Pool
View-
About this home
Welcome to unit #215, in the lovely Fairmount Villas! This corner unit has no shared walls on either side in a well-maintained and tranquil building. The space has an easy breezy modern feel with a spacious layout that is perfect for working from home. Open floor plan kitchen with granite countertops and stainless steel appliances, and a fantastic tree-lined terrace adding privacy and a truly serene feeling to the unit. This neighborhood gives you unparalleled access to Whole Foods, Sprouts, Lake Merritt, and the surrounding shopping of Grand Lake and Downtown. Within a mile radius of all major transportation, including 19th Street BART, Casual Carpool, and 550/80 Fwy.
Nearby schools
8/10
Lincoln Elementary School
Public,•K-5•1.2mi
2/10
Westlake Middle School
Public,•6-8•0.1mi
7/10
Oakland Technical High School
Public,•9-12•1.2mi
2/10
Oakland International High School
Public,•9-12•1.2mi
2/10
Fremont High
Public,•9-12•3.9mi
Condition Rating
Good
Built in 1970, this property has undergone significant renovations, giving it a 'modern feel' as described. The kitchen features updated granite countertops and stainless steel appliances, and the bathrooms also have granite vanities and updated fixtures. The living areas boast modern-looking laminate flooring and recessed lighting, while bedrooms are carpeted and appear well-maintained. The overall condition is move-in ready with no immediate renovations required. While the updates are substantial and functional, some elements like the cabinet style and certain light fixtures suggest the renovation was likely within the last 5-15 years rather than a brand-new, high-end overhaul, placing it squarely in the 'Good' category.
Pros & Cons
Pros
Exceptional Location & Transit Access: The property boasts unparalleled access to essential amenities like Whole Foods, Sprouts, Lake Merritt, and surrounding shopping districts, coupled with excellent proximity to major transportation hubs including 19th Street BART, Casual Carpool, and major freeways (550/80).
Enhanced Privacy & Serenity: As a corner unit with no shared walls and a private, tree-lined terrace, the property offers superior privacy and a tranquil living environment, enhancing comfort and appeal.
Modern & Functional Interior: Features an open-plan kitchen equipped with granite countertops and stainless steel appliances, alongside a spacious layout that is well-suited for modern living and remote work.
Well-Maintained Building: The unit is situated within a well-maintained building, suggesting good management and potentially lower immediate concerns for major structural or common area repairs.
Strong Local Schools: Proximity to highly-rated public schools such as Lincoln Elementary (8/10) and Oakland Technical High School (7/10) is a significant advantage for families.
Cons
Significant Monthly Association Fees: The $636.0 monthly association fee is relatively high, adding a substantial recurring cost to homeownership that potential buyers must factor into their budget.
Building Age: Constructed in 1970, the building's age, despite being well-maintained, may imply potential for future infrastructure updates or higher maintenance costs compared to newer constructions.
Mixed School Ratings: While some highly-rated schools are nearby, the immediate vicinity also includes lower-rated public schools (e.g., Westlake Middle School 2/10), which could be a drawback for families prioritizing top-tier local education across all levels.