9925 Hesket Road, Oakland, California 94603, Oakland, 94603 - 3 bed, 2 bath
ACTIVE$499,900
9925 Hesket Road, Oakland, California 94603
3Beds
2Baths
1,680Sqft
4,160Lot
Price Vs. Estimate
The estimated value ($499,900) is $0 (0%) lower than the list price ($499,900). This property may be overpriced.
Key pros and cons
Top Pros:
Competitive Pricing: The property has undergone a recent price reduction from $529,999 to $499,900 and is currently listed below its estimated market value of $503,816, presenting a strong value proposition for buyers.
Top Cons:
Older Construction: Built in 1944, the property may require significant updates to its core systems (electrical, plumbing, HVAC) and aesthetics, potentially incurring substantial renovation costs for a new owner.
Compared to the nearby listings
Price:$499.9K vs avg $525.0K ($-25,100)41%
Size:1,680 sqft vs avg 1,046 sqft88%
Price/sqft:$298 vs avg $4877%
More Insights
Built in 1944 (81 years old).
Condition: Built in 1944, this property is 80 years old with no indication of recent major renovations. The exterior image shows a dated appearance with security bars on windows, unkempt landscaping, and a mix of old siding and stone veneer, suggesting significant deferred maintenance. The MLS analysis explicitly states 'Older Construction' and warns that it 'may require significant updates to its core systems (electrical, plumbing, HVAC) and aesthetics.' Without interior photos, it's highly probable that the kitchen and bathrooms are severely outdated and require full renovation. This aligns with the 'Poor' condition criteria, indicating substantial repairs and rehabilitation are needed for major components and overall aesthetics.
Year Built
1944
Close
-
List price
$500K
Original List price
$530K
Price/Sqft
$298
HOA
-
Days on market
-
Sold On
-
MLS number
25602459
Home ConditionPoor
Features
View-
About this home
Nearby schools
3/10
Brookfield Elementary School
Public,•K-5•0.4mi
3/10
Madison Park Academy Tk-5
Public,•K-5•0.6mi
6/10
Wilson Elementary School
Public,•K-5•1.6mi
5/10
John Muir Middle School
Public,•6-8•1.5mi
3/10
Madison Park Academy 6-12
Public,•6-12•0.5mi
1/10
Castlemont High
Public,•9-12•2.5mi
5/10
San Leandro High School
Public,•9-12•2.7mi
2/10
Fremont High
Public,•9-12•3.3mi
2/10
Oakland International High School
Public,•9-12•8.2mi
Condition Rating
Poor
Built in 1944, this property is 80 years old with no indication of recent major renovations. The exterior image shows a dated appearance with security bars on windows, unkempt landscaping, and a mix of old siding and stone veneer, suggesting significant deferred maintenance. The MLS analysis explicitly states 'Older Construction' and warns that it 'may require significant updates to its core systems (electrical, plumbing, HVAC) and aesthetics.' Without interior photos, it's highly probable that the kitchen and bathrooms are severely outdated and require full renovation. This aligns with the 'Poor' condition criteria, indicating substantial repairs and rehabilitation are needed for major components and overall aesthetics.
Pros & Cons
Pros
Competitive Pricing: The property has undergone a recent price reduction from $529,999 to $499,900 and is currently listed below its estimated market value of $503,816, presenting a strong value proposition for buyers.
Family-Friendly Location: Proximity to several highly-rated public schools, including John Muir Middle School (rating 5) and Wilson Elementary School (rating 6), enhances its appeal to families.
Spacious Interior: Offering 1680 sqft with 3 bedrooms and 2 bathrooms, the property provides a comfortable and functional living space for its price point in Oakland.
Established Neighborhood: Built in 1944, the home is situated in a mature and settled community, often indicative of stable surroundings and developed infrastructure.
Good Investment Potential: The combination of a recent price drop and being listed below the estimated value suggests potential for immediate equity or a sound long-term investment.
Cons
Older Construction: Built in 1944, the property may require significant updates to its core systems (electrical, plumbing, HVAC) and aesthetics, potentially incurring substantial renovation costs for a new owner.
Limited Lot Size: With a lot size of 4160 sqft, the property offers relatively restricted outdoor space, which may limit gardening, recreational activities, or future expansion possibilities.
Lack of Views: The property explicitly states 'view: None,' which could be a drawback for buyers who prioritize scenic or panoramic outlooks, especially in a city like Oakland known for its varied topography.