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3281 M L King Jr Way, Oakland, CA 94609
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3281 M L King Jr Way Oakland, CA 94609

$505,000 Sold Price as of 04/21/2023
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$505,000 Sold Price as of 04/21/2023 Refinance Your Mortgage
Map preview of 3281 M L King Jr Way, Oakland, CA 94609

Property Overview: 3281 M L King Jr Way Oakland, CA has -- bedrooms, -- bathrooms, -- living square feet and 5,175 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: A substantial price reduction for an "as is" and Quick close by April 12th. This is fixer upper property with huge potential after rehab. Plans for 3 units and a shop were approved by the planning department. Title 24 and variance is already approved. Structural engineering drawing needed for building permit are ready too. There are 5 parking spots at the rear but this area could be used for better development.

Listed by Jonathan Minerick | BRE #01523060 | HOMECOIN.COM
Last checked: 4 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 599

Home details

Lot Sq. Ft
5,175
HOA Dues
$0/mo
Year built
1903
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
40962544
City
Oakland
County
Alameda
Time on Site
983 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Insurance: $0
  • Professional Management: $0
  • Other Expenses: $0

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 3281 M L King Jr Way

Interior Features
Heating Information
  • No Heating
  • None
Room Information
  • Flooring: Wood
Kitchen Information
  • Has Appliances
Exterior Features
Exterior Information
  • Roof: Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 5
Lot Information
  • Lot Features: Corner Lot, Level with Street, Back Yard
  • Lot Size Source: Other
Property Information
  • Total # of Units: 4
  • Parcel Number: 97181
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
Location / Neighborhood
Location Information
  • Directions: 980, 27th St, Martin Luther King Jr Way Cross Street: 33rd St.
View more facts & features

Local Oakland Agent

Sale History for 3281 M L King Jr Way

Last sold for $505,000 on April 21st, 2023

  • August, 2021

  • Aug 30, 2021

    Date

    Price Change

    CRMLS: 40962544

    $849,000

    Price

  • Aug 10, 2021

    Date

    Active

    CRMLS: 40962544

    $879,000

    Price

  • July, 2005

  • Jul 13, 2005

    Date

    Sold (Public Records)

    Public Records

    $417,100

    Price

  • January, 1998

  • Jan 29, 1998

    Date

    Sold (Public Records)

    Public Records

    $85,710

    Price

Show More

Tax History for 3281 M L King Jr Way

Assessed Value (2020): $318,614
Year Land Value Improved Value Assessed Value
2020 $31,861 $286,753 $318,614

Home Value Compared to the Market

This property vs the competition

3281 M L King Jr Way sold on April 21, 2023 for 45% lower than the current median sold price for the city of Oakland which is $900,000.

About 3281 M L King Jr Way

Detailed summary of property

3281 M L King Jr Way is a multi family that recently sold in Oakland, CA 94609. This multi family property offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 5,175 square foot lot. 3281 M L King Jr Way was first listed on ArdentRealEstateGroup.com on August 10, 2021. The homeowner sold the property for $505,000. Home in Oakland are selling for a median price of $900,000 and a median price per square foot of $607. Based on Ardent Real Estate Group's Oakland Market Data, this home is sold 45% lower than the current median priced home. Local homes that are currently for sale include 2411 Griffith Ave, 219 W 51st St and 110 W 48th St. While the average home in Oakland, CA is selling in 86 days, 3281 M L King Jr Way has a days on market of 599 days. There are currently 852 homes for sale in the Oakland real estate market and 597 of them are single family homes while 232 of them are condos and 21 are townhomes. For more information on this home for sale at 3281 M L King Jr Way Oakland, CA 94609 contact Ardent Real Estate Group and we will put you in touch with one of our Oakland agents.

Public Facts for 3281 M L King Jr Way

Public county record property details
Beds
--
Baths
--
Year built
1900
Sq. Ft.
3,004
Lot Size
5,175
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Alameda
Lot#
11
APN
9-718-1

The source for these homes facts are from public records.

94609 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$768,888
Median List Price/Sq.Ft.
$631
Median Sold Price
$1,200,000
Median Sold Price/Sq.Ft.
$745
Total Inventory
30
Median Sale to List Price %
100.42%
Avg Days on Market
26
Loan Type
Conventional (66.67%), FHA (0%), VA (11.11%), Cash (22.22%), Other (0%)

Thinking of Selling?

Image Description
Is this your property?
Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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