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2493 Cordova St
Score
81
Oakland, CA

2493 Cordova St

979K
3 bd • 3 ba • 2,144 sf

This analysis was generated on 5/2/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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Property Overview

List Price
$979,000
-13%vs 94602
Price/Sq.Ft
$457
-22%vs 94602
Within Fair Range
within range

Current Price

$979,000

Fair Range

$965,000 - $1,000,000

$979,000
Below Market-20%
Above Market+20%

Negotiation Leverage

2 points to consider in your offer

Recommended Offer

$965,000
Success Probability:High(65%)

AI Rationale

The offer reflects the needed repairs and market conditions. The property's short time on the market may indicate seller motivation, but the competitive environment might affect negotiations.

Overall Score
81
79
Home Condition
81
Natural Light
91
Value
68
Location

Visual Insights

AI-analyzed spaces with reimagining capabilities

Green Shower Tiles
Green Shower Tiles

Green Shower Tiles

The green shower tiles in the bathroom appear dated and may not appeal to all buyers.

Outdated Light Fixture
Outdated Light Fixture

Outdated Light Fixture

The vintage light fixture in the hallway appears outdated and could be replaced with a more modern or period-appropriate design.

Peach Bedroom Walls
Peach Bedroom Walls

Peach Bedroom Walls

The peach-colored walls in the bedroom may not be to everyone's taste and could be seen as outdated.

Renovation Assessment

Prioritized renovations based on property inspection and market impact.

High Priority Renovations

$0

No required renovations identified

Note: these are rough estimates. For more accurate estimates, please contact a professional.

Ownership History

Previous ownership changes and transaction details

May
2023
$1,250,000Financed
May 22, 2023
From:Muscardin Property Development Llc, Big Tones Hauling Moving Llc
To:Geral Lowe
Grant Deed
Standard Sale (Purchase/Resales)

Pricing History

Historical pricing trends for this property

Monthly Costs

Interactive breakdown of estimated monthly expenses

Monthly Cost
$0123456789012345678901234567890123456789
$979,000
-30%List: $979,000+30%
20%
$195,800of $979,000
7%
1%15%
* Estimates based on a 30-year fixed mortgage. Property tax rate: 1.2%, Home insurance: $4,112/year

Upfront Transaction Costs

Estimated costs due at closing, including down payment and fees

Total Due at Closing
$260,825
Closing Costs
+$65,025
Down Payment
$195,800
Buyer Agent Fee
$24,965
Loan Fees
$7,832
Title & Escrow
$5,874
Inspections
$900
Transfer Tax
$10,769
Prepaid Expenses
$14,685

* Estimated costs based on typical rates. Actual costs may vary by location, lender, and transaction details.

** Buyer agent fees are negotiable and may sometimes be covered by the seller.

Buyer Power Index

5
/10
Limited Buyer Power
Market Speed
11 days
vs 34 day average
This home has been listed for 11 days, while homes in this area typically sell in 34 days
Inventory Health
56
homes for sale
28 homes sold last month, indicating 2.0x more supply than demand
Price Dynamics
111.2%
of asking price
Homes typically sell for 11.2% above asking price

Price Trajectory

$877,500
Current median price
-5.6%
Year over year
Cooling
Heating
Market favors buyers
Market favors sellers
Market Is strongly cooling
Prices are down 20.9% over the last 3 months
3 Months
-20.9%
6 Months
-11.8%
1 Year
-5.6%

Historical Market Pulse

Key metrics over time, revealing market momentum and patterns

Negotiation Insight

Days on market increasing 40.0% over the past 3 months suggests growing buyer leverage.

Historical Comparison
Current Value
$877,500
3 Months Ago
$960,500
8.6%
Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$979,000
Price/sqft
$457
Layout
3 bd3 ba
Days on market
11 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,868,750

47.6%

Your price is 47.6% below average

Median Price

$1,900,000

48.5%

Based on 6 recent sales

Price per Sq.Ft

$802

43.1%

Your price is 43.1% below average $/sqft

Comparable Properties

4345 Edgewood Ave., Oakland, CA 94602
Price: $2,125,000
Sq.Ft: 2,339
Beds/Baths: 3/3
$/Sq.Ft:
$90999.0%
Sale Date: 3/21/2025
4414 Park BLVD, Oakland, CA 94602
Price: $1,587,500
Sq.Ft: 2,254
Beds/Baths: 3/3
$/Sq.Ft:
$70454.2%
Sale Date: 2/20/2025
3268 Florida St, Oakland, CA 94602
Price: $1,500,000
Sq.Ft: 2,249
Beds/Baths: 3/3
$/Sq.Ft:
$66746.1%
Sale Date: 1/30/2025
1314 Hampel . Street, Oakland, CA 94602
Price: $1,900,000
Sq.Ft: 2,516
Beds/Baths: 4/3
$/Sq.Ft:
$75565.4%
Sale Date: 1/17/2025
1314 Hampel St., Oakland, CA 94602
Price: $1,900,000
Sq.Ft: 2,516
Beds/Baths: 4/3
$/Sq.Ft:
$75565.4%
Sale Date: 1/17/2025
2564 Charleston St, Oakland, CA 94602
Price: $2,200,000
Sq.Ft: 2,151
Beds/Baths: 3/2
$/Sq.Ft:
$1,023124.0%
Sale Date: 3/20/2025

Schools

Nearby school quality by education level

Elementary

3.0/10
Below Average

Middle

2.0/10
Below Average

High

4.0/10
Average

Neighborhood Mobility

How easily you can get around with or without a car

Scores are out of 100. Higher scores indicate better accessibility. Data provided by Walk Score®.

Climate Risks

Assessment of climate-related hazards for this property

Moderate Risk Profile

This property has 0 severe, 0 major, and 2 moderate risk factors

Climate risk data is based on historical patterns and projections. Consider consulting with insurance providers and local experts for property-specific assessments.

Safety Analysis

55/100
Average

Based on data from Piedmont Police Department

Total Crime Rate
482.5
per 100,000 residents
Violent Crime Rate
49.0
per 100,000 residents
Property Crime Rate
431.0
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
450
7.9%

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Tour Checklist

Key items to inspect during your property tour

Inspect the foundation for cracks, especially near the Sausal Creek side of the property.

Inspect the electrical panel for proper labeling, adequate amperage, and any signs of corrosion or overheating.

Inspect the attic for proper insulation, ventilation, and signs of leaks or pest infestation.

Check the heating and cooling systems (forced air and heat pump) for proper operation and maintenance. Ask to see recent service records.

Questions to Ask

Important questions to ask during the tour

Can you provide documentation for all renovations, including permits and contractor information?

What is the typical cost of utilities (gas, electricity, water) for this property, especially considering the heat risk assessment?

Given the moderate fire risk, has the property been assessed for defensible space and fire-resistant landscaping?

Showing critical items first. Click any item to see why it's important. Red icons indicate highest priority items that should not be missed.

Property Discussion

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