3 months on rocket

3487 Margarita, Oakland, CA, 94605

$799,000

Home List Price

$9,488*

Closing Credit

3 Bedrooms
2 Full Baths
1,608 SqFt
$497/SqFt
House

Location

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3487 Margarita, Oakland$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Attached Garage2 spaces
Year Built1955
HeatingForced Air
FireplaceLiving Room
MLS #41067891
Lot Size0.14 Acres
StatusActive

About 3487 Margarita

Price Reduced! This wonderful home is in the lovely Oak Knoll Neighborhood, surrounded by space and natural beauty. This mid-century home features three bedrooms and two bathrooms, providing ample space within its 1,608 square feet. The home boasts an open floor plan with beamed cathedral ceilings, adding a touch of grandeur to the living space, and a dramatic brick fireplace that serves as a stunning focal point. Freshly painted throughout, the house features new carpeting in the living areas and beautiful hardwood floors in the bedrooms. An easy flow from kitchen/dining area to side yard with ample space for BBQs and entertaining. Relax watching neighbors walking their dogs, or view the Oakland Zoo Tram from the beautiful picture windows. Additionally, the property includes a two-car attached garage with convenient interior access. Situated on a generous 6,264 square foot lot, this tri-level home offers a unique blend of style, comfort, and functionality in a serene setting with peek-a-boo views of the bay!

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 1955
  • Living Area: 1,608 SqFt

Listing Office:

  • Office Name: Wells & Bennett REALTORS
  • Office Phone: (510) 531-7000
  • Listing Agent: Patrick Nagel

Interior Features

Interior Information:

  • Flooring Type: Carpet, Tile, Vinyl, Wood
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Back Yard
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air

Other

Directions Information:

  • Directions: Keller>Fontaine>Crest>Granada>Margarita Cross Street: Granada Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $497/SqFt
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Housing Market Comparison

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

Med. Sold Price

$860.7K

Med. Price/SqFt

$591

Avg. Days On Market

33

# of Sold Homes

268

3487 Margarita vs Oakland

111 DAYS ON ROCKET

+78 Days

$799,000

-$61.7K Less

$497/SqFt

-$94 Less

KEY TAKEAWAY

This property is $61.7K less than the Median Sold Price and $94/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: #41067891

Listing Office:

  • Office Name: Wells & Bennett REALTORS
  • Office Phone: (510) 531-7000
  • Listing Agent: Patrick Nagel

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: 11/15/2024, 7:20:52 AM 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

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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-394284
3
/10
  • Howard Elementary School

  • 8755 Fontaine St

  • 0.29 miles

  • Public District Grades PK-5

school-card-donut-394285
2
/10
  • Reach Academy

  • 9845 Bancroft Ave

  • 1.01 miles

  • Public District Grades PK-5

school-card-donut-394286
4
/10
  • Cox Academy

  • 9860 Sunnyside St

  • 1.05 miles

  • Public Charter Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $129,605. The majority of Oakland, CA residents have income between $100k-200k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3487 Margarita

What is the listing price of this property?

The listing price of 3487 Margarita property is $799,000.

What type of property is this?

The property 3487 Margarita is a house located in Oakland, California, 94605.

Is this property for sale now?

Active Listing: 3487 Margarita is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 3487 Margarita has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3487 Margarita is 1,608 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3487 Margarita is 1955.

Rocket HomesCaliforniaAlameda CountyOakland946053487 Margarita

This home is located at 3487 Margarita in Oakland, CA and zip code 94605 in the Oak Knoll Golf Links neighborhood. This 1,608 square foot home, which was built in 1955, sits on a 0.14 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 26, 2024 and is currently priced at $799,000.

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. In October 2024 in Oakland, CA there were 9.9% more homes for sale than in September 2024. In October 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $860,714.

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

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