can you wipe the drool...

Yesterday on Oakland's Broker Tour, I fell in love with 5785 Country Club Drive, (listed by Karen Starr of Grubb Co.)  Claremont Pines, (a neighborhood in Upper Rockridge located between Broadway and Broadway Terrace) is a one of my favorite neighborhoods.  Some of the properties in this area have City and Bay views, the neighborhood is very walkable, there is a neighborhood grocery store, Village Market and in about 20 minutes you can walk to your favorite shops and restaurants on College Avenue in Rockridge. 5785 Country Club, (offered at $1,525,000) was built in 1941 home and has been completely transformed into a sleek, yet relaxed abode that gives homage to mid-century modern design. The light is fantastic and the views of the City and Bay add to the charm.

CountryClubKitchen
CountryClubSunroom
CountryClubMaster
CountryClubMasterBath

Rotten Rot

When you are buying an older house it is common for a property to have $10,000 - $20,000 worth of needed repairs.  If a seller has owned their home for many years often there is newly found damage that is discovered during an inspection.  In many cases it is not that the seller intentionally neglected their property, they just didn't know the damage was existed.  Inspections by quality professionals are key as you need to know exactly what you are buying.  Pictured below is rot in the wood framing of a home in the Oakland Hills.  I represented the buyers of this house and I was able to negotiate dry rot and termite damage repairs before escrow closed.  (The sellers paid the cost of the repairs.)  Before my clients moved in the wood was removed, new wood was installed and the appropriate exterior was installed to code. A picture is worth a 1000 words. This picture shows rot in the wood framing of this house. The damaged pieces were cut out and replaced with new wood.     A picture is worth a 1000 words. This picture shows rot in the wood framing of this house. The damaged pieces were cut out and replaced with new wood.

New Listing in Montclair

 

Can I plug my newest listing?  www.1895Manzanita.com This house is perfect for the buyer who wants SPACE, 3409 square feet of space.  There is also Golden Gate, Bay Bridge and South Bay views from almost every room.  The rooms do say, "I was built in the 1970's"  but the lay-out is supreme.  Some TLC is needed, but this house is totally move-in ready!  Oh, did I tell you the price? $699,000!

Thanks for reading!  - Deidre

1895 Manzanita
1895 Manzanita

Oakland-Berkeley Real Estate at a Glance

At Red Oak Realty, the real estate brokerage I hang my license, most of our agents were busy this summer!  At almost every weekly meeting  we would discuss the market and talk about the multiple offers that were taking place.  Red Oak has about 80 full-time Realtors and does a great deal of the Bay Area production.  A few weeks back my office opened 89 escrows within one week!  Last week, Red Oak Realtors were both the winning offer and the back-up offer for two properties for sale in Oakland.  I love working at an active office, the energy keeps me competitive and I am able to hear many tales of the East Bay real estate underworld. Attached is a chart of the Oakland-Berkeley market from mid-summer, (July 2009 in select zip codes)   To obtain current real estate data from a select neighborhood, email me, deidre@redoakrealty.com.

July2009BerkeleyOakland

Oakland and Berkeley Real Estate at a Glance

Berkeley:

                                  2009                 2008

    Active Listings             138                    188
    Under Contract            47                      35
    Closed Sales                 38                      60
    Average Sales Price   $828,624      $835,000


    Oakland:
    Active Listings             1052                   2286
    Under Contract            363                     226
    Closed Sales                  280                    201
    Average Sales Price   $335,000        $492,000

    Keep in mind the Oakland stats include all areas of Oakland.  To understand a specific neighborhood, I can do a custom report for you.  deidre@redoakrealty.com

    Redwood Heights Home Just Got A Cool Price Reduction

    living IMG_6369

    This sunny 1940's home on Reinhardt Street in Oakland just got a $30,000 price reduction, making Redwood Heights affordable to first time buyers.  (I love the vaulted ceilings in this living room!)    I work with the listing agent, Leif and will be holding it open for him this Sunday.  Being a Redwood Heights resident, I know the inside scoop for this neighborhood.  Email me if you have questions.  - Deidre

    Mid Century Modern Home In The Oakland Hills!

    Imagine a mid-century home from a classic American  movie.  You know the house with high style, walls of glass, views and Doris Day inside.  Roger Lee was an architect who designed high style for the middle class.  Creating over 100 exquisite homes, Roger Lee is one of the forgotten mid century modernist.  Five Krohn (in Montclair) created from the dreams of Roger Lee  just went pending.  One lucky Oakland home buyer will scoop up a great place to call home and a piece of art.  (5 Krohn is listed with Christie Seeley of  Pacific Realty) maxebrdi40404742b1maxebrdi404047421maxebrdi40404742g1maxebrdi40404742a1