625 Madison St 107, Oakland, California 94607, Oakland, 94607 - 1 bed, 1 bath
ACTIVE$320,000
625 Madison St 107, Oakland, California 94607
1Bed
1Bath
616Sqft
9,950Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Urban Location: The condo boasts excellent walkability to Laney College, BART, and Chinatown, providing convenient access to public transportation, educational institutions, and a vibrant culinary scene.
Top Cons:
Limited Parking: Parking is explicitly stated as being 'for a very small car,' which could be a significant drawback for many car owners or those with larger vehicles.
Compared to the nearby listings
Price:$320.0K vs avg $419.0K ($-99,000)19%
Size:616 sqft vs avg 976 sqft7%
Price/sqft:$519 vs avg $43983%
More Insights
Built in 1985 (40 years old).
Condition: The property's interior, particularly the kitchen and bathroom, has been extensively and recently renovated, aligning with 'Excellent' criteria for a renovated property. The kitchen features modern white shaker cabinets, new stainless steel appliances (including a 'beautiful new gas stove'), contemporary mosaic backsplash, and updated wood-look flooring. The bathroom also boasts a modern white vanity with updated fixtures. While the building was constructed in 1985, the unit itself presents as virtually new and move-in ready due to these significant, up-to-date renovations.
Year Built
1985
Close
-
List price
$320K
Original List price
$368K
Price/Sqft
$519
HOA
$522
Days on market
-
Sold On
-
MLS number
41074042
Home ConditionExcellent
Features
View-
About this home
NEW PRICE!! Delightful condo spacious one bedroom unit with ease of walk-ability to Laney College, BART, and Chinatown Enjoy the delicious food in the restaurants near-by. This unit is move in ready with up to date remodeled kitchen and bathroom. Beautiful new gas stove.There is a large enclosed balcony for the owner to relax and to entertain. Parking for a very small car. Why rent, when you can buy!
Nearby schools
8/10
Lincoln Elementary School
Public,•K-5•0.2mi
2/10
Westlake Middle School
Public,•6-8•1.3mi
7/10
Oakland Technical High School
Public,•9-12•2.5mi
2/10
Oakland International High School
Public,•9-12•2.6mi
2/10
Fremont High
Public,•9-12•3.5mi
Condition Rating
Excellent
The property's interior, particularly the kitchen and bathroom, has been extensively and recently renovated, aligning with 'Excellent' criteria for a renovated property. The kitchen features modern white shaker cabinets, new stainless steel appliances (including a 'beautiful new gas stove'), contemporary mosaic backsplash, and updated wood-look flooring. The bathroom also boasts a modern white vanity with updated fixtures. While the building was constructed in 1985, the unit itself presents as virtually new and move-in ready due to these significant, up-to-date renovations.
Pros & Cons
Pros
Prime Urban Location: The condo boasts excellent walkability to Laney College, BART, and Chinatown, providing convenient access to public transportation, educational institutions, and a vibrant culinary scene.
Move-in Ready Condition: Featuring an up-to-date remodeled kitchen and bathroom, including a new gas stove, the unit is ready for immediate occupancy, saving buyers time and renovation expenses.
Private Enclosed Balcony: A large enclosed balcony offers valuable additional living space for relaxation or entertaining, enhancing the unit's appeal and functionality.
Significant Price Reduction: The property has undergone multiple price adjustments, dropping from an original list price of $368,000 to $320,000, indicating a motivated seller and potential value for buyers.
Affordable Entry Point: Positioned as an accessible option for first-time homebuyers or investors, offering an opportunity to own in Oakland's competitive market at a relatively lower price point.
Cons
Limited Parking: Parking is explicitly stated as being 'for a very small car,' which could be a significant drawback for many car owners or those with larger vehicles.
High Monthly HOA Fees: The association fee of $522.00 per month is substantial for a 1-bedroom unit, adding a considerable recurring cost to homeownership.
Compact Living Space: With 616 square feet, the unit offers limited living space, which may not appeal to buyers seeking more room or flexibility in their home.