37Overpriced
989 Franklin St #307
Downtown Oakland, Oakland, CA · 94607
$288,000 11% above mkt
1 bd · 1 ba · 533 sqft · $540/sf
HOA $530/mo · Floor 3 · 8 days on market · built 2004
⚖️ Adjusted valueOverpricedasking is +19% over fair value
Model fair value · 17 sold comps · ±13%$240,186
vs model fair value · size · beds/baths · age · HOA · location+20%
Condition · Granite but white appliances, basic cabinets+2%
Price history · ≈24% below its peak−3%
✅ Positives
- Upper floor (fl 3)
- In-unit W/D
- Garage parking
- HOA steady in this building (~2.4%/yr over 3yr)
⚠️ Cons
- 20% above model fair value
- Small (533 sf)
- Photos look dim — verify light in person
🚩 Red flags
- Listed BELOW its 2016 sale ($378k) → value eroding
Photos
Price history (this unit)
Trough $288,000 Jul 11, 2026Now $288,000Peak $378,000 Nov 17, 2016
Current list price is 24% below its peak · +0% above its trough.
- Jul 11, 2026 — Listed $288,000
- Nov 17, 2016 — Sold (Public Records) $378,000
- Nov 15, 2016 — Sold (MLS) $378,000
- Oct 30, 2016 — Listed $378,000
Description
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