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7039 Lacey Ave, Oakland, CA, 94605

3beds
1baths
1,746sqft
$240,000
$137price/sqft
$1,999/moest. monthly cost
$79,960/yrincome needed

About This Home

This 1746 square foot single family home has 3 bedrooms and 1.0 bathrooms. The property is considered to be in average condition. The foreclosure deed has been recorded, allowing for shorter closing timelines.No buyers premium on this property The buyer is responsible for all closing costs in this transaction. Please do not disturb occupants.The seller has closing representation in this transaction. The buyer has the right to select their own title and closing company, or may use the sellers title and closing company. The buyer is responsible for all closing costs in this transaction. In the event the buyer chooses their own title and closing company, the buyer will be responsible for additional costs for coordinating the closing that are completed by the seller's title company.

Getting Around

81
WalkingVery Walkable
57
TransitGood Transit
54
BikeBikeable

Schools

2/10
Castlemont HighGrades 9-120.9 mi

Construction

Condition

  • Year built: 1931

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Interior Area

  • Total structure area: 1,746
  • Total interior livable area: 1,746 sqft

Property

Details

  • Parcel number: 40A3416184
  • Special condition: Auction

Features

  • Stories: 2

Lot

  • Lot size: 8,712 sqft

Parking

  • Total spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Heat Wave

FEMA Declared Disasters in Alameda County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,213$14,556
Home Insurance *$68$816
Property Taxes $320$3,840
Electricity $398$4,786
Total$1,999$23,988
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$68,537/yr
40% on housing$59,970/yr
45% on housing$53,306/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$137This listing

vs Other Active Listings

Avg $/sqft

ZIP 94605$341
Alameda County$497

vs Homes Sold Last Month

Median $/sqft

ZIP 94605$502
Alameda County$664

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2022-10-14Sold$594,246
2022-09-05Price change$550,000
2022-03-17Price change$600,000
2022-03-11Listed for sale$587,000
2022-01-13Contingent$600,000
2021-09-10Listed for sale$600,000
2018-11-27Sold$505,000
2011-07-22Sold$140,888
2011-06-12Price change$139,900
2011-05-21Listed for sale--
2011-01-19Sold$323,448
2003-06-04Sold$91,000

Unknown Listed By

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