14 days on rocket

Sale Pending

55 Fairmount Ave Unit 316, Oakland, CA, 94611

$389,000

Home List Price

$4,619*

Closing Credit

1 Bedroom
1 Full Bath
748 SqFt
$520/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

55 Fairmount Ave Unit 316, Oakland$389,000

Buyer Closing Credits

$4,619*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingCovered, Gated
Garage1 space
Year Built1970
HeatingElectric
CoolingNone
FireplaceWood Burning
MLS #ML81966137
StatusSale Pending
(Pending)

About 55 Fairmount Ave Unit 316

A rare light-filled top-floor corner unit featuring a spacious open floor plan with vaulted ceilings! Located in the heart of Oakland, this 1 bedroom 1 bath condo is a one-of-a-kind gem. The light and airy living room flows into an updated kitchen that has been renovated with beautiful quartz countertops and maple cabinets, while boasting the downtown views from the kitchen windows. A picture perfect dining area with a stunning hanging pendant lighting meets a large adjoining balcony that overlooks the city and the pool, offering a serene view and privacy at the same time. The living room offers a cozy wood-burning fireplace, the bedroom includes a large mirrored closet and newer carpet, and warm laminate flooring spans the living, dining, and kitchen areas. There is an additional entry area perfect for a work-from-home setup. Unit #316 has designated parking with a gated garage access, and building amenities include a heated pool with a lounge deck area, and laundry facilities on every floor. With a WalkScore of 92, this location is considered a Walker's Paradise - it's close to public transportation, freeway access, Whole Foods Market, Sprouts, Lake Merritt, Uptown, shopping, restaurants, and more!

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Living Area: 748 SqFt

Listing Office:

  • Office Name: reframe
  • Office Phone: (949) 537-2537
  • Listing Agent: Ashley Hwang

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Disposal, Refrigerator, Range Hood
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Covered, Gated

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: None

School Info

Assigned Schools Information:

  • Oakland Technical High School, Public District Grades 9-12
  • Metwest High School, Public District Grades 9-12
  • Westlake Middle School, Public District Grades 6-8
  • Lincoln Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Cross Street: Harrison Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $389,000
  • Price Per SqFt: $520/SqFt
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Oakland, CA.

Map thumbnail provided by MapBox

Oakland, CA

City

Med. Sold Price

$871K

Med. Price/SqFt

$608

Avg. Days On Market

26

# of Sold Homes

211

55 Fairmount Ave Unit 316 vs Oakland

14 DAYS ON ROCKET

-12 Days

$389,000

-$482K Less

$520/SqFt

-$88 Less

KEY TAKEAWAY

This property is $482K less than the Median Sold Price and $88/SqFt less than other homes in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81966137

Listing Office:

  • Office Name: reframe
  • Office Phone: (949) 537-2537
  • Listing Agent: Ashley Hwang

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 1:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,009

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,233

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6417291
7
/10

  • Lincoln Elementary School

  • 225 11th St

  • 1.16 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6417292
2
/10

  • Westlake Middle School

  • 2629 Harrison St

  • 0.10 miles

  • Public District Grades 6-8

High School

school-card-donut-6417293
7
/10

  • Oakland Technical High School

  • 4351 Broadway

  • 1.20 miles

  • Public District Grades 9-12

school-card-donut-6417294
5
/10

  • Metwest High School

  • 1100 3rd Ave

  • 1.39 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $18,911. Typical income of Oakland, CA residents is less than $35k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 55 Fairmount Ave Unit 316

What is the listing price of this property?

The listing price of 55 Fairmount Ave Unit 316 property is $389,000.

What type of property is this?

The property 55 Fairmount Ave Unit 316 is a condo located in Oakland, California, 94611.

Is this property for sale now?

Sale Pending: 55 Fairmount Ave Unit 316 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 55 Fairmount Ave Unit 316 are:
Lincoln Elementary School: GreatSchools Rating 7/10
Westlake Middle School: GreatSchools Rating 2/10
Oakland Technical High School: GreatSchools Rating 7/10
Metwest High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 55 Fairmount Ave Unit 316 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 55 Fairmount Ave Unit 316 is 748 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 55 Fairmount Ave Unit 316 is 1970.

Rocket Homes›California›Alameda County›Oakland›94611›55 Fairmount Ave Unit 316

This home is located at 55 Fairmount Ave Unit 316 in Oakland, CA and zip code 94611 in the Harrison St. / Oakland Ave. neighborhood. This 748 square foot home was built in 1970. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $389,000.

While more than 143 listings in Oakland, CA in April 2024 were sold above asking price, there were more than 22 listings sold at asking price, and more than 30 were sold below. The number of homes for sale in Oakland, CA increased by 22.9% between March 2024 and April 2024. The median list price of listings available in April 2024 was $871,010, while the average time on the real estate market was 26 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources