5345 Martin Luther King Jr Way, Oakland, CA 94609
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5345 Martin Luther King Jr Way Oakland, CA 94609

$1,300,000 Sold Price as of 06/14/2024
  • 4 Beds
  • 2.5 Baths
  • 1,830 Sq.Ft.
Sold
$1,300,000 Sold Price as of 06/14/2024 Refinance Your Mortgage

Map preview of 5345 Martin Luther King Jr Way, Oakland, CA 94609

Property Overview: 5345 Martin Luther King Jr Way Oakland, CA has 4 bedrooms, 2.5 bathrooms, 1,830 living square feet and 5,400 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Discover your urban oasis in the heart of the highly sought-out Temescal neighborhood. This unique offering features two enchanting homes on one expansive lot, providing a rare opportunity for multi-generational living, rental income, or an idyllic home office setup. The main home wooded sided gem is designed for comfortable contemporary living with 3 bedrooms and 1.5 baths. The adjoining modern brown shingle retreat ADU provides additional flexibility with its kitchen, living room, and loft bedroom and bath. Spacious interiors with high ceilings create an airy, light-filled space. Outside, the lush landscaping ties the property together. Pebble walkways lead you through a picturesque garden oasis, complete with several seating areas nestled between the main homes and raised garden beds. There is a third structure ready to accommodate your personal needs or storage. Embrace the vibrant Temescal neighborhood, where shopping, dining, and public transportation are at your fingertips. This is urban living at its finest.

Listed by Teresa Baum | BRE #01731096 | Compass
Co-listed by Matthew Heafey | BRE #01723973 | Compass
Last checked: 12 minutes ago | Last updated: June 15th, 2024 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
5,400
HOA Dues
$0/mo
Year built
2017
Garage
--
Property Type:
Single Family Home
Status
Sold
MLS#
41060579
City
Oakland
County
Alameda
Time on Site
25 days

Virtual Tour

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Property Details for 5345 Martin Luther King Jr Way

Interior Features
Cooling Information
  • Has Cooling
Heating Information
  • Has Heating
  • Heat Pump
Laundry Information
  • Has Laundry
  • Dryer Included, Washer Included
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: In Kitchen
  • Flooring: Wood
Kitchen Information
  • Has Appliances
  • Gas Water Heater
  • Stone Counters, Remodeled Kitchen
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
  • Other Structures: Storage
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Carport
  • No Attached Garage
Lot Information
  • Lot Features: Back Yard, Garden
  • Lot Size Source: Taped
Property Information
  • Parcel Number: 14120012
  • Architectural Style: Custom Built
  • Foundation Details: Slab
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
Schools
School Information
  • High School District: Oakland
Location / Neighborhood
Location Information
  • Subdivision Name: TEMESCAL
  • Directions: Martin Luther King to 53rd Cross Street: Martin Luther Ki.
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Sale History for 5345 Martin Luther King Jr Way

Last sold for $1,300,000 on June 14th, 2024
  • June, 2024

  • Jun 14, 2024

    Date

    Sold

    CRMLS: 41060579

    $1,300,000

    Price

  • May 22, 2024

    Date

    Active

    CRMLS: 41060579

    $1,095,000

    Price

  • August, 2019

  • Aug 28, 2019

    Date

    Sold (Public Records)

    Public Records

    $750,000

    Price

  • January, 2019

  • Jan 17, 2019

    Date

    Sold

    CRMLS: 40809667

    $560,000

    Price

  • Listing provided courtesy of CRMLS

    North Oakland Bungalow with loads of potential. Home needs TLC. Conveniently located w/easy freeway access to Downtown Oakland/SF. Great opportunity to make this home shine.

  • March, 2018

  • Mar 23, 2018

    Date

    Sold (Public Records)

    Public Records

    $560,000

    Price

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Tax History for 5345 Martin Luther King Jr Way

Assessed Value (2020): $750,000
Year Land Value Improved Value Assessed Value
2020 $225,000 $525,000 $750,000

Home Value Compared to the Market

This property vs the competition

5345 Martin Luther King Jr Way sold on June 14, 2024 for 7.35% higher than the current median sold price for the city of Oakland which is $1,020,000. The median sold price per/sqft for Oakland is $642 and this home is sold at $598.36 per/sqft which puts the price per square foot 6.8% lower than the current median sale per square foot for the city of Oakland.

About 5345 Martin Luther King Jr Way

Detailed summary of property

5345 Martin Luther King Jr Way is a single family home that recently sold in Oakland, CA 94609. This house offered 4 bedrooms, 2.5 bathrooms, roughly 1,830 living square feet, and sits on an approximately 5,400 square foot lot. 5345 Martin Luther King Jr Way was first listed on ArdentRealEstateGroup.com on May 22, 2024. The homeowner sold the property for $1,300,000. Home in Oakland are selling for a median price of $1,020,000 and a median price per square foot of $642. Based on Ardent Real Estate Group's Oakland Market Data, this home is sold 7.35% higher than the current median priced home. Local homes that are currently for sale include 11680 Montana Ave #104, 11847 Gorham Ave #303 and 11847 Gorham Ave #407. While the average home in Oakland, CA is selling in 82 days, 5345 Martin Luther King Jr Way has a days on market of 13 days. There are currently 1034 homes for sale in the Oakland real estate market and 745 of them are single family homes while 266 of them are condos and 20 are townhomes. For more information on this home for sale at 5345 Martin Luther 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 5345 Martin Luther King Jr Way

Public county record property details
Beds
3
Baths
2
Year built
1908
Sq. Ft.
1,051
Lot Size
2,979
Stories
1
Type
Single Family Residential
Pool
No
Spa
No
County
Alameda
Lot#
--
APN
14-1200-1-2

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
$849,000
Median List Price/Sq.Ft.
$701
Median Sold Price
$1,220,000
Median Sold Price/Sq.Ft.
$664
Total Inventory
37
Median Sale to List Price %
135.86%
Avg Days on Market
46
Loan Type
Conventional (50%), FHA (0%), VA (0%), Cash (37.5%), Other (12.5%)

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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.