3 months on rocket

551 53rd St, Oakland, CA, 94609

$1,098,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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551 53rd St, Oakland$1,098,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOn Street
Year Built1912
HeatingFloor Furnace, Wall Furnace
MLS #41068830
Lot Size0.10 Acres
StatusActive

About 551 53rd St

Welcome Home to your newly remodeled haven in the buzzing Shafter Neighborhood, close to Temescal Alley's wonderful restaurants, shopping, bars, coffee shops and more - part of the highly-rated Temescal School District (Emerson Elementary, Claremont Middle and Oakland Tech HS). North Oakland Berkeley Emeryville (NOBE) duplex with TONS of income potential and a Walk Score of 96! This 1912 Craftsman blends vintage charm with modern updates, just steps from Telegraph Avenue, UCSF Children's Hospital, Frogs Park and close to Ashby/Rockridge BART. Both units feature abundant natural light, new windows, paint, flooring and fixtures. Kitchens include stainless steel appliances, quartz countertops and soft-close cabinetry. Bathrooms offer tile floors, modern vanities and a combination tub/shower or full stall shower. Flexible living options include renting one flat or using it as a separate in-law unit with the possibility to build an ADU. Exterior features highlight low maintenance landscaping, deep fenced backyard, off-street parking, new porch, redwood decking and roof. Sewer lateral, sidewalk and remodel work are certified with permits. Transparent pricing, don't miss this exceptional opportunity!

Property Details

Property Features

Property Information:

  • Year Built: 1912

Listing Office:

  • Office Name: Trade-In Real Estate
  • Office Phone: (831) 334-0890
  • Listing Agent: John Flaniken

Interior Features

Interior Information:

  • Flooring Type: Laminate, Tile

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Floor Furnace, Wall Furnace

Other

Directions Information:

  • Directions: Shattuck Ave to 53rd, Home on Right Cross Street: Shattuck Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,098,000

Tax Information:

  • Annual Amount: $5,599
  • 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

551 53rd St vs Oakland

104 DAYS ON ROCKET

+71 Days

$1,098,000

+$237.2K More

KEY TAKEAWAY

This property is $237.2K 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: #41068830

Listing Office:

  • Office Name: Trade-In Real Estate
  • Office Phone: (831) 334-0890
  • Listing Agent: John Flaniken

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, 7:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,599$285,884
2020$5,599$282,953
2019$5,177$277,405
2018$4,939$271,967
2017$4,939$266,634

History based on county public records data.

Payment Calculator

$5,548

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,358

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NMLS#3030

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-514305
6
/10

  • Emerson Elementary School

  • 4803 Lawton Ave

  • 0.43 miles

  • Public District Grades KG-5

school-card-donut-514306
7
/10

  • Peralta Elementary School

  • 460 63rd St

  • 0.82 miles

  • Public District Grades KG-5

school-card-donut-514307
3
/10

  • Piedmont Avenue Elementary School

  • 4314 Piedmont Ave

  • 1.06 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 $37,744. Typical income of Oakland, CA residents is less than $35k annually. Most 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

Rocket Homes›California›Alameda County›Oakland›94609›551 53rd St

This home is located at 551 53rd St in Oakland, CA and zip code 94609 in the Shafter neighborhood. This home, which was built in 1912, sits on a 0.10 acre lot. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $1,098,000.

In October 2024 more than 165 listings in Oakland, CA were sold above the asking price. During the same period more than 30 listings were sold at asking price, while more than 45 were sold below. The number of homes for sale in Oakland, CA increased by 9.9% between September 2024 and October 2024. While the average time on the market in October 2024 was 33 days, the median list price was $860,714.

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

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