2 months on rocket

3701 Martin Luther King Jr Way, Oakland, CA, 94609

$1,000,000

0.14 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeResidential Lot
MLS #423915424
Lot Size0.14 Acres
StatusActive

About 3701 Martin Luther King Jr Way

Excellent Value close to Macarthur BART Station. Zoning allows 65' height, no front or side setbacks, Potential to build 30,000 sf +/-. No parking required being close to transit. Lots of development in the area. The lot is believed to be 55 feet by 111.5 feet. We can also envision a development of 4-5 Townhouses on the lot.

Property Details

Property Features

Listing Office:

  • Office Name: Gaurav Khanna
  • Office Phone: (415) 506-9475
  • Listing Agent: Gaurav Khanna

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

School Info

Assigned Schools Information:

  • McClymonds High School, Public District Grades 9-12
  • Westlake Middle School, Public District Grades 6-8
  • Emerson Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Corner of 37th and MLK

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000

Tax Information:

  • Annual Amount: $9,048
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$866K

Med. Price/SqFt

$605

Avg. Days On Market

30

# of Sold Homes

206

3701 Martin Luther King Jr Way vs Oakland

80 DAYS ON ROCKET

+50 Days

$1,000,000

+$133.9K More

KEY TAKEAWAY

This property is $133.9K more than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: San Francisco Association of REALTORS®
  • MLS Number: #423915424

Listing Office:

  • Office Name: Gaurav Khanna
  • Office Phone: (415) 506-9475
  • Listing Agent: Gaurav Khanna

IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. 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. Properties may or may not be listed by the office/agent presenting the information.
© 2024 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 3:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 03, 2004Home Sold
$65,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,048$84,061
2020$9,048$83,200
2019$2,485$81,568
2018$2,322$79,969
2017$2,322$78,401

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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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.

Elementary School

school-card-donut-1374533
4
/10
  • Emerson Elementary School

  • 4803 Lawton Ave

  • 0.86 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1374534
3
/10
  • Westlake Middle School

  • 2629 Harrison St

  • 0.95 miles

  • Public District Grades 6-8

High School

school-card-donut-1374535
2
/10
  • McClymonds High School

  • 2607 Myrtle St

  • 0.75 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,304. The majority of Oakland, CA residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3701 Martin Luther King Jr Way

What is the listing price of this property?

The listing price of 3701 Martin Luther King Jr Way property is $1,000,000.

What type of property is this?

The property 3701 Martin Luther King Jr Way is land located in Oakland, California, 94609.

Is this property for sale now?

Active Listing: 3701 Martin Luther King Jr Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3701 Martin Luther King Jr Way are:
Emerson Elementary School: GreatSchools Rating 4/10
Westlake Middle School: GreatSchools Rating 3/10
McClymonds High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,048 (source: MLS/based on county public records data).

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

The last sale was on February 3, 2004 for $65,000. (source: MLS/tax record).

How much acreage is this property?

The property 3701 Martin Luther King Jr Way is 0.14 acres.
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Rocket HomesCaliforniaAlameda CountyOakland946093701 Martin Luther King Jr Way

This home is located at 3701 Martin Luther King Jr Way in Oakland, CA and zip code 94609 in the Longfellow neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since February 07, 2024 and is currently priced at $1,000,000.

In March 2024 more than 126 listings in Oakland, CA were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 40 were sold below. The number of listings in Oakland, CA increased by 22.2% between February 2024 and March 2024. While the average time on the market in March 2024 was 30 days, the median list price was $866,006.

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

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