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2940 Madera Ave, Oakland, CA, 94619

$550,000

Home List Price

$6,531*

Closing Credit

2 Bedrooms
2 Full Baths
1,600 SqFt
$344/SqFt
House

Location

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2940 Madera Ave, Oakland$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Off Street, RV Access/Parking
Attached Garage3 spaces
Year Built1948
HeatingForced Air
CoolingNone
BasementYes
FireplaceLiving Room, Wood Burning
MLS #41080928
Lot Size0.12 Acres
StatusActive

About 2940 Madera Ave

***OPEN HOUSE Sunday 12/22/24 1-4PM***Unlock the potential of this delightful Maxwell Park "Diamond in the Rough" and build equity as you make it your own! This home features a spacious and inviting great room, seamlessly connected to the large kitchen – perfect for entertaining and everyday living. Upstairs, you'll find two generously sized bedrooms, including one with dual closets, both offering serene views of the expansive backyard and patio area. Two full bathrooms provide convenience, with one located upstairs and the other downstairs near the large, finished bonus room, offering flexible living or work-from-home options. The actual home size may exceed public records, providing even more potential to explore. With side access, a long driveway, and a detached three-car garage, this property offers endless possibilities for customization, storage, or creative projects. Priced $200,000 to $250,000 below comps due to condition. Don’t miss this chance to own a Maxwell Park charmer with incredible potential – Don't miss this opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Bungalow
  • Year Built: 1948
  • Living Area: 1,600 SqFt

Listing Office:

  • Office Name: RE/MAX Accord
  • Office Phone: (510) 690-9600
  • Listing Agent: Bob Frey

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Vinyl, Wood
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Garage, Off Street, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Back Yard, Sloped Down, Front Yard, Garden
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: Macarthur Blvd * Pierson St * Madera Ave Cross Street: Birdsall Ave..

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $344/SqFt

Tax Information:

  • Annual Amount: $8,172
  • 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

$850K

Med. Price/SqFt

$587

Avg. Days On Market

42

# of Sold Homes

220

2940 Madera Ave vs Oakland

2 DAYS ON ROCKET

-40 Days

$550,000

-$300K Less

$344/SqFt

-$244 Less

KEY TAKEAWAY

This property is $300K less than the Median Sold Price and $244/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: #41080928

Listing Office:

  • Office Name: RE/MAX Accord
  • Office Phone: (510) 690-9600
  • Listing Agent: Bob Frey

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: 12/22/2024, 8:21:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 24, 2013Home Sold
$375,000
Apr 30, 2003Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2021$8,172$426,607
2020$8,171$422,234
2019$6,816$413,958
2018$6,546$405,843
2017$6,546$397,885

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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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-923768
3
/10

  • Horace Mann Elementary School

  • 5222 Ygnacio Ave

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-923769
2
/10

  • Allendale Elementary School

  • 3670 Penniman Ave

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-923770
3
/10

  • Laurel Elementary School

  • 3750 Brown Ave

  • 1.04 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 $76,852. The majority of Oakland, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2940 Madera Ave

What is the listing price of this property?

The listing price of 2940 Madera Ave property is $550,000.

What type of property is this?

The property 2940 Madera Ave is a house located in Oakland, California, 94619.

Is this property for sale now?

Active Listing: 2940 Madera Ave 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 $8,172 (source: MLS/based on county public records data).

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

The last sale was on January 24, 2013 for $375,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2940 Madera Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2940 Madera Ave is 1,600 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2940 Madera Ave is 1948.

Rocket Homes›California›Alameda County›Oakland›94619›2940 Madera Ave

This home is located at 2940 Madera Ave in Oakland, CA and zip code 94619 in the Fairfax neighborhood. This 1,600 square foot home, which was built in 1948, sits on a 0.12 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 20, 2024 and is currently priced at $550,000.

In November 2024 more than 122 listings in Oakland, CA were sold above the asking price. During the same period more than 21 listings were sold at asking price, while more than 59 were sold below. The number of listings in Oakland, CA decreased by 12.3% between October 2024 and November 2024. Listings spent 42 days on the market in November 2024, and had a median list price of $850,000 during the same period.

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

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