2 months on rocket

2247 Ivy Dr, Oakland, CA, 94606

$1,225,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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2247 Ivy Dr, Oakland$1,225,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
Year Built1941
HeatingOther
CoolingNone, Other
MLS #41073115
Lot Size0.11 Acres
StatusActive

About 2247 Ivy Dr

This 5-unit multifamily investment opportunity located in the Ivy Hill neighborhood in Oakland California, offers a promising financial future. The 5,568 square foot property consists of three large 2 bedroom/1 bathroom units and two spacious 1 bedroom/1 bathroom units in a three-story building of wood frame and stucco construction. The property features private entries, central heating, new kitchens with stainless steel appliances, new bathrooms, and a low-maintenance landscape. Tenants are separately metered for PG&E, ensuring remarkably low operating expenses for new ownership. In addition, the building was recently seismically retrofitted, saving any investor the headache and cost of completing this big ticket item themselves. 2247 Ivy Dr is located in the desirable Ivy Hill neighborhood, just 3 minutes away from Oakland’s Lake Merritt. Tenants can enjoy all the lake activities, as well as nearby restaurants, cafes, parks, and shopping, making this property a sound investment with promising financial benefits.

Property Details

Property Features

Property Information:

  • Year Built: 1941

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (415) 660-9955
  • Listing Agent: Willem Bos

Interior Features

Interior Information:

  • Appliances: Dryer, Washer

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None, Other

Other

Directions Information:

  • Directions: Corner of Ivy Dr & E 23rd stree Cross Street: E 23rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,225,000

Tax Information:

  • Annual Amount: $25,160
  • Tax Year: 2021
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Housing Market Comparison

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

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Oakland, CA

City

Med. Sold Price

$860.7K

Med. Price/SqFt

$591

Avg. Days On Market

33

# of Sold Homes

268

2247 Ivy Dr vs Oakland

65 DAYS ON ROCKET

+32 Days

$1,225,000

+$364.2K More

KEY TAKEAWAY

This property is $364.2K more than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41073115

Listing Office:

  • Office Name: COMPASS
  • Office Phone: (415) 660-9955
  • Listing Agent: Willem Bos

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: 11/17/2024, 4:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 12, 2018Home Sold
$1,575,000
Jul 31, 2017Home Sold
$1,460,000
Feb 29, 2008Home Sold
$795,000
Oct 14, 2004Home Sold
$675,000
Aug 19, 1998Home Sold
$347,000

Tax History

YEARPROP. TAXASSESSMENT
2021$25,160$1,619,731
2020$25,159$1,603,134
2019$22,439$1,571,700
2018$15,112$1,457,000
2017$15,112$954,926

History based on county public records data.

Payment Calculator

$6,181

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,739

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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.

Nearby Schools

school-card-donut-480605
6
/10

  • Cleveland Elementary School

  • 745 Cleveland St

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-480606
4
/10

  • Bella Vista Elementary School

  • 1025 E 28th St

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-480607
4
/10

  • Franklin Elementary School

  • 915 Foothill Blvd

  • 0.57 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,924. Most Oakland, CA residents have annual incomes between $35k-100k. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2247 Ivy Dr

What is the listing price of this property?

The listing price of 2247 Ivy Dr property is $1,225,000.

What type of property is this?

The property 2247 Ivy Dr is a house located in Oakland, California, 94606.

Is this property for sale now?

Active Listing: 2247 Ivy Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $25,160 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 12, 2018 for $1,575,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2247 Ivy Dr is 1941.

Rocket Homes›California›Alameda County›Oakland›94606›2247 Ivy Dr

This home is located at 2247 Ivy Dr in Oakland, CA and zip code 94606 in the Ivy Hill neighborhood. This home, which was built in 1941, sits on a 0.11 acre lot. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $1,225,000.

In October 2024, from all listings sold in Oakland, CA there were more than 165 sold above asking price, over 45 sold below and more than 30 were sold right at the asked price. The inventory of homes for sale in Oakland, CA between September 2024 and October 2024 increased by 9.9%. The median list price of listings available in October 2024 was $860,714, while the average time on the real estate market was 33 days.

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

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