masterkey logo
48 Lodge Ct
Score
0
Oakland, CA

48 Lodge Ct

1.5M
3 bd • 2 ba • 1,676 sf

This analysis was generated on 2/16/2025. 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

$1,500,000

Price/Sq.Ft

$895

Year Built

AI Property Analysis

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

The Good

• Location in Oakland, CA: The property's location in Oakland provides access to urban amenities, transportation options, and cultural attractions. • Three Bedrooms and Two Bathrooms: The property offers a standard configuration for family living or accommodating guests. • Sizeable Square Footage: At 1,676 square feet, the property provides ample living space for a variety of lifestyles. • Competitive Rental Market: The median rental rate for a 3-bedroom property in Oakland is $3,144, suggesting potential for rental income if the property is used as an investment. • Median Income: The median income in Oakland is $147,080, indicating a stable and affluent community.

The Bad

• High Price per Square Foot: At $894.99 per square foot, this property is significantly more expensive than the Oakland average, which is between $600 and $800 per square foot. This high cost may not be justified without additional information on the property's unique features or recent renovations. • Lack of Detailed Information: The absence of a property description, room details, and utility information makes it difficult to assess the property's true value and condition. This lack of transparency can deter potential buyers. • Unknown Year Built: The unknown year built is a significant drawback, as it makes it challenging to estimate potential maintenance costs and the need for renovations. Older homes often require more upkeep and may have outdated systems. • Competitive Market: Oakland's competitive housing market means buyers may face bidding wars and have to offer above the asking price to secure the property. This adds to the overall cost and stress of buying a home. • Rising Insurance Costs: Escalating home insurance premiums in California, particularly in Oakland, can significantly increase the total cost of ownership. Buyers should factor in these rising costs when budgeting for the property.

The Ugly

• Potential for Hidden Issues: The lack of property details and unknown year built increases the risk of hidden issues, such as structural problems, outdated systems, or environmental hazards. Thorough inspections are crucial. • High Total Cost of Ownership: Combining the high price per square foot with rising insurance costs and potential renovation expenses can result in a significantly higher total cost of ownership than anticipated. • Risk of Overpaying: Given the competitive market and limited information, there is a risk of overpaying for the property. Buyers should carefully analyze comparable sales and conduct thorough due diligence. • Uncertainty about Utilities and Systems: The absence of utility information makes it difficult to estimate monthly expenses and assess the efficiency of the property's systems. This lack of transparency can be a deterrent for potential buyers. • Renovation and Repair Costs: Without knowing the age and condition of the property, it's challenging to estimate potential renovation and repair costs. Older homes may require significant upgrades to meet modern standards.

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 a Well-Located Property in Oakland: The property's location in Oakland provides access to urban amenities and transportation options. • Individuals Desiring a 3-Bedroom Home: The property offers three bedrooms, which can accommodate families or individuals needing extra space for guests or a home office. • Those Comfortable with Oakland's Competitive Housing Market: Buyers who are prepared for potential bidding wars and understand the need to act quickly in Oakland's real estate market may find this property appealing. • Purchasers Valuing Outdoor Space: The property includes an outdoor patio area, which can be ideal for individuals who enjoy outdoor entertaining or gardening.

Not For

• Buyers Seeking a Recently Built Home: As the year built is unknown, potential buyers looking for a modern or recently constructed property may want to consider other options. • Individuals Unprepared for Potential Bidding Wars: Given Oakland's competitive housing market, buyers who are unwilling or unable to participate in bidding wars may find this property challenging to acquire. • Those Seeking a Low-Maintenance Property: The lack of property details suggests that the property may require renovations or updates, making it less suitable for buyers seeking a move-in ready home. • Individuals Prioritizing Detailed Property Information: The limited property details may deter buyers who prefer comprehensive information before making a purchase decision.
Demographics
Area Median Income

$147,080

Property History

Price History
Ownership Timeline
$1,500,000Financed
Jun 7, 2023
Bryan A Franklin, Donna EverhartNishant Budhraja, Calla Hope Hoover
Grant Deed
Standard Sale (Purchase/Resales)
$995,000Financed
May 17, 2019
The John Alfred Taylor And Ruth Diane Pa, John Alfred TaylorBryan A Franklin, Donna Everhart
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Mar 9, 2015
John Alfred Taylor, Ruth Diane PalmerJohn Alfred Taylor, Ruth Diane Palmer
Correction Deed
Non-Arm's Length Transactions
$0Cash Purchase
Sep 4, 2003
John Alfred Taylor, Ruth Diane PalmerJohn Alfred Taylor, Ruth Diane Palmer
Intrafamily Transfer
Non-Arm's Length Transactions
$0Cash Purchase
Jul 27, 1998
Taylor John A & Palmer Ruth D , Ruth Diane PalmerJohn Alfred Taylor, Ruth Diane Palmer
Intrafamily Transfer
Non-Arm's Length Transactions

Sunlight Analysis

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

Sunlight Analysis

Data provided by Shadowmap

Loading sunlight data...

Risk Assessment

Risk Analysis

• Unknown Year Built: This creates uncertainty about the property's condition and potential need for renovations or repairs. Older homes may have outdated systems and require costly upgrades. • Lack of Property Details: The absence of property features, description, and room details makes it difficult to assess the property's value and suitability. This increases the risk of unexpected issues or disappointments. • High Price per Square Foot: At $894.99/sqft, the property is priced significantly above the average for Oakland, which typically ranges from $600-$800/sqft. This could indicate overpricing or unique features not apparent in the listing. • Competition and Bidding Wars: Oakland's competitive housing market can lead to bidding wars, driving up the final purchase price and potentially exceeding the buyer's budget. • Rising Home Insurance Premiums: Due to wildfire risk and other factors, home insurance costs are rising in Oakland. This can significantly increase the total cost of ownership.

Price Prediction Challenge

Think you know what 48 Lodge Ct 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 16 schools

Miramonte High School

PublicGrades 9-12
10/10
High
1,286 students

Orinda Intermediate School

PublicGrades 6-8
9/10
Middle
898 students

Wagner Ranch Elementary School

PublicGrades K-5
9/10
Elementary
416 students

Montclair Elementary School

PublicGrades K-5
8/10
Elementary
640 students

Conservatory Of Vocal/instrumental Arts High

CharterGrades 9-12
8/10
High
74 students

Financials

Monthly Costs
Market Rent (3 bed)

$3,144

Get a detailed estimate on Zillow®
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
$1,500,000
Price/sqft
$895
Layout
3 bd2 ba

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,266,833

18.4%

Your price is 18.4% above average

Median Price

$1,278,000

17.4%

Based on 6 recent sales

Price per Sq.Ft

$763

17.3%

Your price is 17.3% above average $/sqft

Comparable Properties

7101 Saroni Dr, Oakland, CA 94611
Price: $1,278,000
Sq.Ft: 1,540
Beds/Baths: 3/2
$/Sq.Ft:
$8307.3%
Sale Date: 1/16/2025
10 Southwood Court, Oakland, CA 94611
Price: $1,380,000
Sq.Ft: 1,837
Beds/Baths: 3/2
$/Sq.Ft:
$75116.1%
Sale Date: 1/17/2025
10 Southwood Ct, Oakland, CA 94611
Price: $1,380,000
Sq.Ft: 1,837
Beds/Baths: 3/2
$/Sq.Ft:
$75116.1%
Sale Date: 1/17/2025
7101 Saroni Drive, Oakland, CA 94611
Price: $1,278,000
Sq.Ft: 1,540
Beds/Baths: 3/2
$/Sq.Ft:
$8307.3%
Sale Date: 1/8/2025
29 Eastwood Ct., Oakland, CA 94611
Price: $1,125,000
Sq.Ft: 1,647
Beds/Baths: 3/2
$/Sq.Ft:
$68323.7%
Sale Date: 10/24/2024
13095 Broadway Ter, Oakland, CA 94611
Price: $1,160,000
Sq.Ft: 1,584
Beds/Baths: 3/2
$/Sq.Ft:
$73218.2%
Sale Date: 10/18/2024

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
$45,000
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