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5673 Florence Ter, Oakland, California 94611, Oakland, 94611 - 2 bed, 2 bath

5673 Florence Ter, Oakland, California 94611 home-pic-0
ACTIVE$995,000
5673 Florence Ter, Oakland, California 94611
2Beds
2Baths
1,112Sqft
7,552Lot

Price Vs. Estimate

The estimated value ($925,811.29) is $69,188.71 (6%) lower than the list price ($995,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7552, living area = 1112.
Top Cons:
Pricing Discrepancy: The current list price of $995,000 is notably above the estimated property value of $952,153, potentially indicating an overvaluation or requiring justification for the premium.

Compared to the nearby listings

Price:$995.0K vs avg $1.37M ($-375,000)18%
Size:1,112 sqft vs avg 2,378 sqft5%
Price/sqft:$895 vs avg $63177%

More Insights

Built in 1937 (88 years old).
Condition: Despite being built in 1937, the property has undergone extensive and thoughtful renovations, as explicitly stated in the description and clearly visible in the images. Both the main and studio kitchens feature modern flat-panel cabinetry, wood countertops, stainless steel appliances, and contemporary tile work. The bathrooms are similarly updated with subway tile, modern vanities/pedestal sinks, and fixtures, appearing virtually new. The property boasts classic matchstick oak floors upstairs, dual-pane windows, and modern recessed lighting throughout, indicating a high standard of recent upgrades. All components appear to be new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1937
Close
-
List price
$995K
Original List price
$799K
Price/Sqft
$895
HOA
-
Days on market
-
Sold On
-
MLS number
41112849
Home ConditionExcellent
Features
Good View: Hills, Trees/Woods
Deck
Spa
ViewHills, Trees/Woods

About this home

Situated in the heart of the highly sought-after Montclair/Oakland Hills, this sun-drenched home blends original charm with thoughtful updates. Enjoy classic matchstick oak floors, dual-pane windows with a modern kitchen and bathrooms. Upstairs, you'll find two bright bedrooms and a full bath with an open living/dining/kitchen layout. Downstairs, the fully appointed studio offers incredible flexibility—complete with its own kitchen, bathroom, living area, and a separate entrance—perfect for guests, extended family or a home office. The expansive outdoor space invites you to take in lovely serene views from multiple vantage points. Seamless indoor-outdoor living is made easy with a spacious back deck, relaxing hot tub, and terraced yard on a generous lot. A one car garage offers off street parking and additional storage. Located just one block from transportation to San Francisco and moments from Montclair Village, you'll have easy access to the Sunday farmers’ market, the 1930 storybook library, chic shops, grocery stores, parks, schools, tennis courts, and a variety of exciting culinary options. An urban escape where timeless design and modern comfort come together in perfect harmony.

Nearby schools

8/10
Thornhill Elementary School
Public,•K-5•0.3mi
4/10
Montera Middle School
Public,•6-8•1.5mi
2/10
Oakland International High School
Public,•9-12•2.4mi
4/10
Skyline High School
Public,•9-12•4.0mi
2/10
Fremont High
Public,•9-12•4.4mi
Condition Rating
Excellent
Despite being built in 1937, the property has undergone extensive and thoughtful renovations, as explicitly stated in the description and clearly visible in the images. Both the main and studio kitchens feature modern flat-panel cabinetry, wood countertops, stainless steel appliances, and contemporary tile work. The bathrooms are similarly updated with subway tile, modern vanities/pedestal sinks, and fixtures, appearing virtually new. The property boasts classic matchstick oak floors upstairs, dual-pane windows, and modern recessed lighting throughout, indicating a high standard of recent upgrades. All components appear to be new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7552, living area = 1112.
Prime Location & Accessibility: Situated in the highly sought-after Montclair/Oakland Hills, offering immediate access to transportation to San Francisco and walking distance to Montclair Village amenities (shops, dining, market, parks, schools).
Flexible Living Space: Features a fully appointed downstairs studio with a separate entrance, kitchen, and bathroom, providing excellent versatility for guests, extended family, or rental income potential.
Modern Updates with Classic Charm: Thoughtfully updated modern kitchen and bathrooms, dual-pane windows, and classic matchstick oak floors seamlessly blend contemporary comfort with original architectural character.
Exceptional Outdoor Living: Expansive and terraced outdoor space includes a spacious back deck and relaxing hot tub, perfect for entertaining and enjoying serene views.
Serene Views: Offers lovely, serene views from multiple vantage points, enhancing the property's aesthetic appeal and tranquility.

Cons

Pricing Discrepancy: The current list price of $995,000 is notably above the estimated property value of $952,153, potentially indicating an overvaluation or requiring justification for the premium.
Limited Interior Square Footage: At 1112 sqft for a 2-bedroom, 2-bathroom home (excluding the studio's contribution to the main living space perception), the interior might feel compact for some buyers, especially given the price point.
Single Car Garage: While offering off-street parking, the one-car garage may be insufficient for households with multiple vehicles or when accommodating guests/tenants in the separate studio, potentially leading to street parking reliance.

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