masterkey logo
117 Colgett Dr
Score
0
Oakland, CA

117 Colgett Dr

1.2M
4 bd • 3 ba • 2,092 sf

This analysis was generated on 2/21/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

0:00
0:00 / 0:00
List Price

$1,195,000

Price/Sq.Ft

$571

Year Built

1960

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

• Panoramic Views: The property boasts breathtaking panoramic views of the San Francisco Bay, Mt. Tamalpais, the Golden Gate and Bay Bridges, Alcatraz, and the city skylines of San Francisco and Oakland. Such views command a premium in the Oakland market. • In-Law Suite: The lower level offers a private in-law suite, providing flexibility for multi-generational living or rental income. Rental rates for a four-bedroom property average $3706 per month (2023 data). • Outdoor Living Space: Two expansive decks provide ample space for outdoor relaxation, dining, and entertaining. The backyard and landscaped front yard enhance the property's appeal. • Desirable Neighborhood: Crestmont is a sought-after neighborhood in Oakland, known for its views and proximity to amenities. • Climate Risk: The property has minimal flood risk (1/10) and minimal wind risk (1/10), reducing potential insurance costs related to those hazards.

The Bad

• School Ratings: The assigned schools, Carl B. Munck Elementary (4/10), Montera Middle School (5/10), and Skyline High School (5/10), have below-average ratings, which may deter families with children or impact resale value. • High Property Crime: While violent crime is significantly lower than state and national averages (-62.4% and -65.5% respectively), property crime is 70.1% higher than the state average and 103.9% higher than the national average. This could lead to higher insurance premiums and increased security concerns. • Days on Market: The property has been on the market for 203 days, which is significantly longer than the average for Oakland, potentially indicating pricing or condition issues. • Price Volatility: The property has experienced multiple price changes in the past year, suggesting uncertainty in its market value. This may indicate an over-optimistic initial listing price.

The Ugly

• Air Quality: The severe air quality risk (8/10), with 14 bad air days per year, is a significant concern. This could impact health, especially for those with respiratory issues, and may require investment in air filtration systems. • Property Crime: The property crime rate is significantly higher than both state and national averages (70.1% and 103.9% higher, respectively). While overall crime rates are trending down, the high property crime could increase insurance costs and necessitate additional security measures. Specifically, motor vehicle theft is 95.7% higher than the national average. • Estimated Insurance Cost: The estimated annual insurance cost of $4302 is relatively high, reflecting the moderate fire risk (4/10) and potentially the higher property crime rate in the area. This adds a significant expense to the total cost of ownership. • Limited School Choices: The assigned schools have below-average ratings, potentially affecting property value and making the home less desirable for families with children. • Unknown HOA Details: The HOA includes "Other," but specific details are lacking. Potential buyers should investigate what this covers and any associated fees.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

• Buyers seeking panoramic views: The property offers unobstructed views of the San Francisco Bay, Mt. Tamalpais, the Golden Gate and Bay Bridges, Alcatraz, and the city skylines of San Francisco and Oakland. • Individuals seeking a multi-generational living situation: The in-law suite provides private living space for family members or guests. This lower level includes a family room with a wet bar, a laundry room, and additional storage, providing independent living options within the home. • Buyers who value outdoor living and entertaining: The two expansive decks offer ample space for relaxation, al fresco dining, and enjoying the scenery. The backyard and landscaped front yard also provide outdoor space. • Buyers comfortable with homes built in the 1960s: While updated, the home retains its original character and may require ongoing maintenance typical of homes of this age. • Buyers looking for a home in a neighborhood with above-average safety: The Crestmont neighborhood, served by the Piedmont Police Department, has a safety score of 55/100, which is average safety.

Not For

• Buyers seeking new construction or modern amenities: The home was built in 1960 and may require updates to meet modern standards. • Buyers on a tight budget: With a list price of $1,195,000 and estimated annual insurance costs of $4302, this property may be unaffordable for some buyers. High property taxes in Oakland should also be considered. • Buyers with severe respiratory issues: The air quality risk is severe (8/10), with 14 bad air days per year. This may be a concern for individuals with asthma or other respiratory conditions. • Buyers prioritizing school ratings: The local schools have ratings between 4/10 and 5/10, which may not be sufficient for families seeking top-rated schools. • Buyers who are highly risk-averse: Property crime rates are elevated compared to the national average, potentially causing concern for those sensitive to such risks.
Demographics
Area Median Income

$113,554

Property History

Price History
Ownership Timeline
$1,600,000Financed
Jun 1, 2022
Michael B Hall, Samantha L HallChellappa Balan, Samhita Dasgupta
Grant Deed
Standard Sale (Purchase/Resales)
$1,210,000Financed
May 6, 2019
Wayne B LippmanMichael B Hall, Samantha L Hall
Grant Deed
Standard Sale (Purchase/Resales)
$6,500Financed
Feb 18, 2016
Mt Norcal Propertiles LlcWayne B Lippman
Grant Deed
Standard Sale (Purchase/Resales)
$300,000Cash Purchase
Apr 28, 2015
Rww Properties LlcMt Norcal Properties Llc
Grant Deed
Standard Sale (Purchase/Resales)
$520,800Cash Purchase
Mar 16, 2010
Steven J ZamoraRww Properties Llc
Trustees Deed
Foreclosure
$875,000Financed
Oct 19, 2006
Joan E Erwin, Joan E Erwin TrustSteven J Zamora
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Apr 16, 2002
Joan Elizabeth ErwinJoan E Erwin, Joan E Erwin Trust
Intrafamily Transfer
Non-Arm's Length Transactions

Property Taxes

$23,216
2024 Tax Assessment
0.9%from previous year
Assessed Value$1,664,640
Tax Rate1.39%

Sunlight Analysis

Visualize how sunlight affects this property throughout the day and year.

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Risk Assessment

Climate Risks

airSEVERE

14 bad air quality days per year

fireMODERATE

Insurance: Recommended

heatMINIMAL

6 extreme heat days per year

98th percentile: 86°F

floodMINIMAL

FEMA Zone: Minimal Risk Area

Insurance: Optional

windMINIMAL

Insurance: Optional

Safety Analysis

55/100
Average

Based on data from Piedmont Police Department

Total Crime Rate
481.5
per 100,000 residents
Violent Crime Rate
49.0
per 100,000 residents
Property Crime Rate
430.0
per 100,000 residents

Crime Rate Comparison

Recent Crime Trends

2022
Violent Crimes
27
Property Crimes
417
2023
Violent Crimes
71
163.0%
Property Crimes
448
7.4%

Risk Analysis

• Air Quality: The severe air quality risk (8/10) and 14 bad air days per year could impact health and require air filtration systems, adding to the cost of living. Oakland's air quality can be impacted by wildfires and industrial activity. • Foundation Stability: Given the hillside location, a structural engineer should inspect the foundation for potential issues. Many homes are located on hillsides, which can offer stunning views but also present concerns regarding foundation stability, landslide risk, and accessibility. • Property Crime: While violent crime is low, property crime is significantly higher than the national average (103.9% higher). This could lead to increased insurance costs and security concerns. • School Ratings: The relatively low school ratings (4/10 and 5/10) may affect resale value and desirability for families with children. School quality varies across Oakland. • Market Volatility: Oakland's housing market is competitive and subject to fluctuations. Price changes in the property's history suggest potential pricing challenges.
Insurance
Annual Cost

$4,302

$359 per month

Price Prediction Challenge

Think you know what 117 Colgett Dr will sell for? Put your market expertise to the test!

Be the first to predict

Your local insight could help set the benchmark for other buyers.

No predictions yet

Kick off the challenge by making your guess. You'll help other buyers get a feel for this property’s value—and you might just claim the top spot when it sells.

Schools

Showing top 5 of 10 schools

Conservatory Of Vocal/instrumental Arts High

Charter•Grades 9-12
8/10
High
74 students

Montera Middle School

Public•Grades 6-8
4/10
Middle
727 students

Skyline High School

Public•Grades 9-12
4/10
High
1,592 students

Carl B. Munck Elementary School

Public•Grades K-5
3/10
Elementary
228 students

Roses In Concrete

Charter•Grades K-8
2/10
ElementaryMiddle
368 students

Financials

Monthly Costs
Market Rent (4 bed)

$3,706

Get a detailed estimate on Zillow®
HOA Fee

$16

Unlock Premium Features

Supercharge Your Property Analysis

Get unlimited AI-powered insights and analysis to make confident decisions about any property you're interested in.

Best for serious buyers
  • Unlimited AI analysis
  • Unlimited AI chat
  • Advanced tools & insights
$24.92/mo
Billed yearlySave 17% ($60/year)
Cancel anytime • 30-day money-back guarantee

Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,195,000
Price/sqft
$571
Layout
4 bd•3 ba
0

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,309,167

8.7%

Your price is 8.7% below average

Median Price

$1,300,000

8.1%

Based on 6 recent sales

Price per Sq.Ft

$629

9.2%

Your price is 9.2% below average $/sqft

Comparable Properties

4356 Bennett PL, Oakland, CA 94602
Price: $1,180,000
Sq.Ft: 2,244
Beds/Baths: 4/3
$/Sq.Ft:
$5267.9%
Sale Date: 1/20/2025
590 WESTFIELD WAY, Oakland, CA 94619
Price: $1,300,000
Sq.Ft: 2,067
Beds/Baths: 4/3
$/Sq.Ft:
$62910.1%
Sale Date: 10/24/2024
95 Kimberlin Heights DR, Oakland, CA 94619
Price: $1,650,000
Sq.Ft: 2,004
Beds/Baths: 4/3
$/Sq.Ft:
$82344.1%
Sale Date: 9/20/2024
4426 HARBOR VIEW AVENUE, Oakland, CA 94619
Price: $1,000,000
Sq.Ft: 1,991
Beds/Baths: 4/3
$/Sq.Ft:
$50212.1%
Sale Date: 9/20/2024
3544 BUTTERS DRIVE, Oakland, CA 94602
Price: $1,450,000
Sq.Ft: 2,190
Beds/Baths: 4/3
$/Sq.Ft:
$66215.9%
Sale Date: 9/18/2024
32 Kingwood Rd, Oakland, CA 94619
Price: $1,275,000
Sq.Ft: 2,028
Beds/Baths: 3/3
$/Sq.Ft:
$62910.1%
Sale Date: 9/6/2024

Frequently Asked Questions

Property Discussion

Start the Conversation

Share your insights on this property—did you visit the open house? Know of any hidden pros or cons? Your street-level knowledge could be exactly what another buyer needs.

You
Potential Savings
$35,850
Join 1,000+ buyers

Analyze Any Property for Free

Get instant insights and potential savings on any Zillow® listing.

Free Analysis
AI-Powered Insights
Instant Results

Similar Properties

26516 Sheldon Ave
Santa Clarita, CA
75 pts

26516 Sheldon Ave

$1.1M
3
3
2,996
View Analysis
155 S Alvarado St
Los Angeles, CA
0 pts

155 S Alvarado St

$1.2M
8
4
5,440
View Analysis
2958 Stringham Way
Dublin, CA
0 pts

2958 Stringham Way

$1.4M
3
4
2,076
View Analysis
View All Properties