8 months on rocket

4255 Terrace St, Oakland, CA, 94611

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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4255 Terrace St, Oakland$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingGarage
Year Built1912
HeatingNatural Gas
MLS #41036938
Lot Size0.07 Acres
StatusActive

About 4255 Terrace St

This is an amazing opportunity to buy a VACANT DUPLEX in Oakland's highly sought-after Piedmont Avenue Neighborhood. Built in 1912, this charming property consists of two full-floor flats, each with spacious 1-bedroom, 1-bathroom units. Both floors feature lovely natural light, beautiful hardwood floors, original detail work, updated bathrooms, enclosed sun porches, and a shared private patio/garden area. Additionally, there is a detached garage and an unfinished basement that provide ample additional storage. The upper flat offers gorgeous bridge and bay views. With a Walk Score of 94, Piedmont Ave is considered a "Walker's Paradise" and is home to some of the city's best amenities including restaurants, cafes, shops, and FENTONS. This is an excellent opportunity for an owner to live in one of Oakland's most desirable neighborhoods while also collecting rental income, or for an investor looking for an income-producing property.

Property Details

Property Features

Property Information:

  • Year Built: 1912

Listing Office:

  • Office Name: Lee & Associates
  • Office Phone: (925) 239-1412
  • Listing Agent: Tyler Clark

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Laminate, Wood

Exterior Features

Parking Information:

  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Back Yard, Sloped Up
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas

School Info

Assigned Schools Information:

  • 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: Broadway to Mather to Terrace Cross Street: Broadway.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000

Tax Information:

  • Annual Amount: $5,096
  • 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

$871K

Med. Price/SqFt

$608

Avg. Days On Market

26

# of Sold Homes

211

4255 Terrace St vs Oakland

252 DAYS ON ROCKET

+226 Days

$1,100,000

+$228.9K More

KEY TAKEAWAY

This property is $228.9K more than the Median Sold Price in Oakland, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41036938

Listing Office:

  • Office Name: Lee & Associates
  • Office Phone: (925) 239-1412
  • Listing Agent: Tyler Clark

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: 5/2/2024, 11:25:22 AM 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$5,096$248,824
2020$5,095$246,273
2019$4,696$241,445
2018$4,473$236,712
2017$4,473$232,072

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-4690187
4
/10

  • Piedmont Avenue Elementary School

  • 4314 Piedmont Ave

  • 0.32 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4690188
3
/10

  • Westlake Middle School

  • 2629 Harrison St

  • 1.24 miles

  • Public District Grades 6-8

High School

school-card-donut-4690189
6
/10

  • Oakland Technical High School

  • 4351 Broadway

  • 0.10 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,080. The majority of Oakland, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. 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›94611›4255 Terrace St

This home is located at 4255 Terrace St in Oakland, CA and zip code 94611. This home, which was built in 1912, sits on a 0.07 acre lot. It has been listed on Rocket Homes since August 23, 2023 and is currently priced at $1,100,000.

In April 2024 more than 143 listings in Oakland, CA were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 30 were sold below. In April 2024 in Oakland, CA there were 22.9% more homes for sale than in March 2024. In April 2024 median list price was $871,010 and the average listing age was 26 days.

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

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