5 months on rocket

557 47th St, Oakland, CA, 94609

$1,499,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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557 47th St, Oakland$1,499,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingGarage
Year Built1880
HeatingWall Furnace
MLS #41064358
Lot Size0.08 Acres
StatusActive

About 557 47th St

This is a hidden secret located in the Temescal area with two separate buildings on the lot, excellent location, well maintained property, large lot size, close to retail and dining options, spacious units, corner lot, easy access to S.F. and San Jose plenty of off-street parking in the rear of the units. walking distance to BART, 2.8 miles to Lake Merritt, 3.3 miles to Bay Bridge toll plaza. Prime investment opportunity, highly desirable neighborhood. One of the building have a new roof. Recently newly painted exterior, Verify with the City of Oakland to confirm building opportunities for the rear of the building.

Property Details

Property Features

Property Information:

  • Year Built: 1880

Listing Office:

  • Office Name: ROYAL REALTORS & LOAN SERVICES
  • Office Phone: (510) 482-8200
  • Listing Agent: Denise E. Smith

Interior Features

Interior Information:

  • Flooring Type: Carpet

Exterior Features

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: between Shattuck Avenue/Dover Cross Street: SHATTUCK.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,000

Tax Information:

  • Annual Amount: $8,834
  • 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

557 47th St vs Oakland

175 DAYS ON ROCKET

+133 Days

$1,499,000

+$649K More

KEY TAKEAWAY

This property is $649K 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: #41064358

Listing Office:

  • Office Name: ROYAL REALTORS & LOAN SERVICES
  • Office Phone: (510) 482-8200
  • Listing Agent: Denise E. Smith

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: 12/17/2024, 11:55:58 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$8,834$455,047
2020$8,834$450,383
2019$8,070$441,555
2018$7,645$432,900
2017$7,645$424,411

History based on county public records data.

Payment Calculator

$7,549

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,561

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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-4282314
6
/10

  • Emerson Elementary School

  • 4803 Lawton Ave

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-4282315
2
/10

  • Hoover Elementary School

  • 890 Brockhurst St

  • 0.93 miles

  • Public District Grades KG-5

school-card-donut-4282316
3
/10

  • Piedmont Avenue Elementary School

  • 4314 Piedmont Ave

  • 0.97 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 $31,486. Residents of Oakland, CA typically earn less than $35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Oakland›94609›557 47th St

This home is located at 557 47th St in Oakland, CA and zip code 94609 in the Temescal neighborhood. This home, which was built in 1880, sits on a 0.08 acre lot. It has been listed on Rocket Homes since June 25, 2024 and is currently priced at $1,499,000.

Over 122 listings were sold over their listed price in November 2024 in Oakland, CA. In the same period over 59 listings were sold below the listed price and 21 listings were sold for the listed price. The number of listings in Oakland, CA decreased by 12.3% between October 2024 and November 2024. In November 2024 median list price was $850,000 and the average listing age was 42 days.

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

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