8 days on rocket

388 Palm Ave, Oakland, CA, 94610

$1,199,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,139 SqFt
$561/SqFt
House

Location

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388 Palm Ave, Oakland$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage, Off Street
Attached Garage1 space
Year Built1927
HeatingForced Air
CoolingNone
BasementYes
FireplaceLiving Room
MLS #41076828
Lot Size0.10 Acres
StatusActive

About 388 Palm Ave

It’s paradise at 388 Palm! Discreetly shrouded behind a tall wall of evergreens lies this handsome residence from 1927 that checks all the boxes. Step inside and you are welcomed with a dramatic soaring ceiling and a panorama of windows flooding the home with light. The practical and photogenic floorplan offers open living straight from the front living through the dining room kitchen and to the back family media room. This 3bd, 2.5ba stunner comes with two bonus levels. An enormous attic loft ideal as flex space for a home gym, office or game room and an expansive standing room basement for plenty of storage. Enjoy dining al fresco under the pergola in the peaceful backyard or lounge around with friends. A distinguishing feature of 388 Palm is the front motor court/courtyard, terrific for parking extra vehicles, boats, or even for extra privacy, simply install a driveway gate, and voilà you’ve got yourself an enclosed mini compound in a prime location. Located mere blocks from Lake Merritt, Grand Lake shopping, Whole Foods, easy access to downtown, and freeway access. This Adam’s Point beauty offers the best of urban living in an established neighborhood close to everything.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1927
  • Living Area: 2,139 SqFt

Listing Office:

  • Office Name: Golden Gate Sotheby's Int'l Re
  • Office Phone: (510) 542-2600
  • Listing Agent: Herman Chan

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Wood
  • Interior: Attic
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Garage, Off Street

Virtual/3D Tour

  • 3D Tour: 388 Palm Ave
3D Tour

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

School Info

Assigned Schools Information:

  • Metwest High School, Public District Grades 9-12
  • Oakland Technical High School, Public District Grades 9-12
  • Westlake Middle School, Public District Grades 6-8
  • Piedmont Avenue Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Grand to Euclid to Palm Cross Street: Euclid.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $561/SqFt

Tax Information:

  • Annual Amount: $19,234
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$867.8K

Med. Price/SqFt

$594

Avg. Days On Market

36

# of Sold Homes

193

388 Palm Ave vs Oakland

8 DAYS ON ROCKET

-28 Days

$1,199,000

+$331.1K More

$561/SqFt

-$34 Less

KEY TAKEAWAY

This property is $331.1K more than the Median Sold Price and $34/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: #41076828

Listing Office:

  • Office Name: Golden Gate Sotheby's Int'l Re
  • Office Phone: (510) 542-2600
  • Listing Agent: Herman Chan

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: 10/27/2024, 5:20:50 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

May 31, 2018Home Sold
$1,248,000
Dec 18, 2003Home Sold
$455,000
Jul 21, 1993Home Sold
$289,500
Mar 19, 1993Home Sold
$191,500

Tax History

YEARPROP. TAXASSESSMENT
2021$19,234$1,311,860
2020$19,234$1,298,418
2019$12,921$1,272,960
2018$11,748$856,800
2017$11,748$794,771

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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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.

Elementary School

school-card-donut-834707
3
/10
  • Piedmont Avenue Elementary School

  • 4314 Piedmont Ave

  • 1.14 miles

  • Public District Grades KG-5

Middle School

school-card-donut-834708
2
/10
  • Westlake Middle School

  • 2629 Harrison St

  • 0.47 miles

  • Public District Grades 6-8

High School

school-card-donut-834709
5
/10
  • Metwest High School

  • 1100 3rd Ave

  • 1.20 miles

  • Public District Grades 9-12

school-card-donut-834710
7
/10
  • Oakland Technical High School

  • 4351 Broadway

  • 1.37 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,581. The most common annual income of people living in Oakland, CA is between $35k-100k. Typical family type is 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 388 Palm Ave

What is the listing price of this property?

The listing price of 388 Palm Ave property is $1,199,000.

What type of property is this?

The property 388 Palm Ave is a house located in Oakland, California, 94610.

Is this property for sale now?

Active Listing: 388 Palm Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 388 Palm Ave are:
Piedmont Avenue Elementary School: GreatSchools Rating 3/10
Westlake Middle School: GreatSchools Rating 2/10
Metwest High School: GreatSchools Rating 5/10
Oakland Technical High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $19,234 (source: MLS/based on county public records data).

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

The last sale was on May 31, 2018 for $1,248,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 388 Palm Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 388 Palm Ave is 2,139 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 388 Palm Ave is 1927.

Rocket HomesCaliforniaAlameda CountyOakland94610388 Palm Ave

This home is located at 388 Palm Ave in Oakland, CA and zip code 94610 in the Adams Point neighborhood. This 2,139 square foot home, which was built in 1927, sits on a 0.10 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $1,199,000.

Oakland, CA housing market in September 2024 saw over 118 listings sold above listed price, more than 19 sold at listed price and over 40 sold below. The inventory of homes for sale in Oakland, CA between August 2024 and September 2024 increased by 18%. Listings spent 36 days on the market in September 2024, and had a median list price of $867,828 during the same period.

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

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