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6335 Melville Dr
Oakland, CA

6335 Melville Dr

1.1M
3 bd • 2 ba • 2,021 sf

This analysis was generated by artificial intelligence on 2/26/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

AI Property Analysis

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List Price

$1,085,000

Price/Sq.Ft

$537

Year Built

1968

AI Property Analysis

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

The Good

• Serene Location: The property is situated in a serene setting with tranquil wooded views, offering a peaceful environment. Easy access to Redwood Regional Park & trails offers ample opportunities for outdoor activities. • Updated Features: The home boasts an updated kitchen and a beautifully remodeled bathroom, adding modern appeal and reducing the need for immediate renovations. • Functional Layout: The flexible floor plan includes a bonus space that can be used as a home office or workout room, catering to today's lifestyles. The presence of a dining area, breakfast bar, and eat-in kitchen provides multiple dining options. • Outdoor Space: The back yard and terraced down area offer outdoor living space, complemented by a deck for entertaining. • Convenient Amenities: The property includes a two-car garage and a large storage shed, providing ample space for parking and storage.

The Bad

• Average School Ratings: The local schools (Joaquin Miller Elementary, Montera Middle, and Skyline High) have ratings of 6/10, 5/10, and 5/10, respectively. This may be a concern for buyers with school-aged children seeking higher-ranked schools. • Higher Property Crime Rates: The property crime rate is 70.1% higher than the state average and 103.9% higher than the national average. This could impact insurance costs and may be a deterrent for some buyers. • Air Quality Concerns: The air quality risk is rated as severe (8/10), with approximately 14 bad air days per year. This may be a significant concern for individuals with respiratory issues. • Limited Room Details: The lack of specific room dimensions and details makes it difficult to assess the functionality and suitability of the layout without a visit.

The Ugly

• High Insurance Costs: The estimated insurance cost of $3,906 per year is significantly higher than the national average, potentially due to fire risk and other factors. This adds a substantial expense to the overall cost of ownership. • Air Quality Risk: The severe air quality risk (8/10) with 14 bad air days per year is a major health concern, potentially requiring investment in air filtration systems and limiting outdoor activities. • Elevated Property Crime: The property crime rate is significantly higher than both state and national averages (70.1% and 103.9% higher, respectively). While violent crime is lower, the high property crime could impact insurance rates and create security concerns. • Crime Trends: Property crime rates increased from 417 incidents in 2022 to 448 in 2023. This upward trend may deter potential buyers concerned about safety and security.

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 Proximity to Nature: The property's location offers easy access to Redwood Regional Park & trails, appealing to outdoor enthusiasts. • Homeowners Valuing Functional Layout: With living spaces spread across two levels and a bonus room, the property suits those needing flexible spaces for work or hobbies. • Purchasers Comfortable with Moderate Crime Rates: The property is located in an area with property crime rates above the state and national averages; buyers should find these levels acceptable. • Individuals Seeking a Move-In Ready Home: With an updated kitchen and remodeled bathroom, the property appeals to those wanting to avoid immediate renovation projects. • Buyers Who Appreciate Wooded Views and Privacy: The serene setting and tranquil wooded views offer a sense of seclusion and natural beauty.

Not For

• Buyers Highly Sensitive to Air Quality: The severe air quality risk (8/10) and 14 bad air days per year may deter those with respiratory sensitivities. • Individuals Seeking Very Low Crime Areas: Property crime rates are higher than state and national averages, which may concern buyers prioritizing exceptionally safe neighborhoods. • Buyers on a Tight Budget for Homeowner's Insurance: The estimated annual insurance cost of $3,906 may strain budgets. • Those Requiring Top-Rated Schools: The school ratings (6/10, 5/10, 5/10) may not meet the standards of buyers prioritizing highly-ranked schools. • Buyers Unwilling to Manage Moderate Fire Risk: The moderate fire risk (4/10) may be a concern for those seeking properties with minimal fire hazards.
Demographics
Area Median Income

$147,080

Property History

Price History
Ownership Timeline
$0Cash Purchase
Mar 21, 2014
Shelby J Sperling, Frank Sperling IiiFrank Sperling & Shelby Sperling Living, Shelby Sperling
Intrafamily Transfer
Non-Arm's Length Transactions
$800,000Financed
May 13, 2013
Patrick W Cave, Patricia B MccarleyShelby J Sperling, Frank Sperling Iii
Grant Deed
Standard Sale (Purchase/Resales)
$625,000Financed
Mar 1, 2002
Duncan Carl DavisPatrick W Cave, Patricia B Mccarley
Grant Deed
Standard Sale (Purchase/Resales)
$441,000Financed
Sep 20, 2000
Alvin S Frankel, Alvin FrankelDuncan Carl Davis
Grant Deed
Standard Sale (Purchase/Resales)
$249,000Cash Purchase
Sep 13, 2000
Exchange Support Services IncStephen Winfield
Grant Deed
Standard Sale (Purchase/Resales)
$0Cash Purchase
Jan 28, 2000
Frankel LionaAlvin Frankel
Intrafamily Transfer
Non-Arm's Length Transactions

Property Taxes

$9,186
2024 Tax Assessment
4.6%from previous year
Assessed Value$600,980
Tax Rate1.53%

Market Insights

Real-time analysis of the local housing market

January 2025
Neutral Market

The market in 94611 is currently balanced between buyers and sellers. While prices are stable, it's still important to make competitive offers on homes you're interested in.

$1,440,000
$721/sqft
4.0%
Change from last month
Your price: $1.1M (-25%)
Your price/sqft: $537/sqft (-26%)
83
13 sold last month
5.1%
Change from last month
64 days
Average for homes in this area
34.7%
Change from last month
This property: 7 days (-89%)

Sale Price Distribution

Last month
4
Over Asking
homes
2
At Asking
homes
6
Under Asking
homes
Total: 12 homes sold

If you're buying a home in 94611, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Sale Time Distribution

Last month
3
Under 30 Days
homes
Your property
7
30-90 Days
homes
3
Over 90 Days
homes
Total: 13 homes sold

Avg time on Rocket Homes in 94611 has remained consistent over time.

Risk Assessment

Climate Risks

airSEVERE

14 bad air quality days per year

fireMODERATE

Insurance: Recommended

floodMINIMAL

FEMA Zone: Minimal Risk Area

Insurance: Optional

heatMINIMAL

1 extreme heat days per year

98th percentile: 86°F

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

• Elevated Property Crime: Property crime rates are 70.1% higher than the state average and 103.9% higher than the national average, potentially affecting insurance costs and peace of mind. • Air Quality: The severe air quality risk (8/10) and 14 bad air days per year could lead to health concerns and impact outdoor activities. Consider air filtration systems. • School Ratings: The school ratings (6/10, 5/10, 5/10) are average, which may affect resale value if school quality is a priority for future buyers. • Insurance Costs: The estimated insurance cost of $3,906 per year is a significant expense and could increase. • Moderate Fire Risk: A fire risk of 4/10 suggests potential for increased insurance premiums and the need for preventative measures.
Insurance
Annual Cost

$3,906

$326 per month

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Schools

Showing top 5 of 13 schools

Miramonte High School

PublicGrades 9-12
10/10
High
1,286 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

Joaquin Miller Elementary School

PublicGrades K-5
7/10
Elementary
443 students

Montera Middle School

PublicGrades 6-8
4/10
Middle
727 students

Financials

Monthly Costs
Market Rent (3 bed)

$3,144

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Location & Comparables

Subject Property
Comparable Sales
View on Zillow

Subject Property

Price
$1,085,000
Price/sqft
$537
Layout
3 bd2 ba
Days on market
7 daysat time of analysis

Stats in the Area

Based on 6 comparable properties nearby

Average Price

$1,248,333

13.1%

Your price is 13.1% below average

Median Price

$1,270,000

14.6%

Based on 6 recent sales

Price per Sq.Ft

$704

23.7%

Your price is 23.7% below average $/sqft

Comparable Properties

10 Southwood Court, Oakland, CA 94611
Price: $1,380,000
Sq.Ft: 1,837
Beds/Baths: 3/2
$/Sq.Ft:
$75139.9%
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:
$75139.9%
Sale Date: 1/17/2025
7000 Saroni Dr, Oakland, CA 94611
Price: $1,110,000
Sq.Ft: 1,788
Beds/Baths: 3/2
$/Sq.Ft:
$62115.6%
Sale Date: 1/16/2025
6644 Ascot Dr, Oakland, CA 94611
Price: $1,225,000
Sq.Ft: 1,820
Beds/Baths: 3/2
$/Sq.Ft:
$67325.4%
Sale Date: 10/17/2024
29 Eastwood Ct., Oakland, CA 94611
Price: $1,125,000
Sq.Ft: 1,647
Beds/Baths: 3/2
$/Sq.Ft:
$68327.2%
Sale Date: 10/24/2024
7020 Paso Robles Dr, Oakland, CA 94611
Price: $1,270,000
Sq.Ft: 1,701
Beds/Baths: 3/2
$/Sq.Ft:
$74739.1%
Sale Date: 9/27/2024

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