NOT LISTED FOR SALE

2323 Magnolia St Unit 8 Oakland, CA 94607

West Oakland Neighborhood

Estimated Value: $447,000 - $638,000

1 Bed
1 Bath
1,156 Sq Ft
$319/mo HOA Fee

Last Sold March 10, 2022

Last sale price $700,000 $606 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $4,089/month

28 Days on Market

Highlights

  • Gated Community
  • 0.36 Acre Lot
  • Wood Flooring
  • Updated Kitchen
  • Contemporary Architecture
  • Stone Countertops

About This Home

As of March 2022

A swank 1-bed loft-style condo with a bonus alcove, in-unit laundry, & an attached garage. It's high walls & ceilings are superb for featuring large-scale art. At the main level, the chef’s kitchen features 2 wine refrigerators, generous counter & cabinet space. Enjoy relaxing moments in the soaking tub. An open-tread staircase leads up to a mezzanine loft which features 2 alcoved sleeping areas separated by a catwalk. The 2nd set of stairs lead to the 2nd loft area suited to living, lounging, and dining spaces. Industrial-style light fixtures, exposed beams & skylights give a nod to the building’s warehouse past. It was converted into 12-units in 2005. Access is gated and unit 8 has 1 deeded space in a 2-car, enclosed garage. Art, food, and maker culture thrive in this vibrant neighborhood. Just two doors way explore the O2AA Artisans collective, Soba Ichi. Also near, Horn Barbecue, Ghost Town Brewing, & Pacific Pipe Climbing Gym. Just minutes to the Bay Bridge.

Last Agent to Sell the Property

Elic Suazo

Red Oak Realty License #01751791 Listed on: 01/20/2022

Red Oak Realty

Last Buyer's Agent

Courtney Harrington

EQ1 License #02099686

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,886

Year Built

  • Built in 1957

Lot Details

  • 0.36

HOA Fees

  • $319 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Side by Side Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 2-Story Property
  • Security Gate

Kitchen

  • Updated Kitchen
  • Built-In Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 542530

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, hazard insurance, management fee, reserves, security/gate fee, trash, ground maintenance
  • 12 Units
  • Association Phone (415) 225-6095
  • West Oakland Subdivision

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,886

Year Built

Built in 1957

Lot Details

0

HOA Fees

$319 per month

Parking

1

Listing Details

  • Stories: 2
  • Year Built: 1957
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.36
  • Subdivision Name: WEST OAKLAND
  • Directions: Off of Adeline
  • Architectural Style: Contemporary
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two Story
  • New Construction: No
  • Structure Type: Conversion
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Wood
  • Appliances: Dishwasher, Disposal, Gas Range, Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Live/Work Unit, Stone Counters, Updated Kitchen
  • Room Kitchen Features: Counter - Stone, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Range/Oven Built-in, Refrigerator, Updated Kitchen, Other

Exterior Features

  • Lot Features: Level, Paved, Security Gate
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Concrete
  • Exterior Features: No Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Side By Side, Garage Door Opener

Utilities

  • Heating: Natural Gas, Other
  • Utilities: Internet Available
  • Cooling: Ceiling Fan(s)
  • Laundry Features: Dryer, Washer, In Unit, Washer/Dryer Stacked Incl
  • Security: Double Strapped Water Heater, Security Fence, Security Gate
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated
  • Association Fee: 319
  • Association Fee Frequency: Monthly
  • Association Name: NONE
  • Phone: 415-225-6095
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Exterior Maintenance, Hazard Insurance, Management Fee, Reserves, Security/Gate Fee, Trash, Other, Maintenance Grounds

Lot Info

  • Lot Size Sq Ft: 15482
  • Parcel Number: 542530
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 23, 2022
Sold by
Bernard Stewart Kenyon
Bought by
Mu Yao
Seller's Agent
Elic Suazo
Red Oak Realty
Buyer's Agent
Courtney Harrington
EQ1
List Price
$725,000
Sold Price
$700,000
Premium/Discount to List
-$25,000
-3.45%
Current Estimated Value
$539,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$160,001
Avg. Annual Appreciation
-6.96%

Purchase Details

Closed on
Sep 26, 2016
Sold by
Bennett Michael James and Tan Jerome Han Shiong
Bought by
Bennett Michael James and Tan Jerome Han Shiong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,838
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2015
Sold by
Chan Randel Mulan
Bought by
Bennett Michael James and Tan Jerome Han Shiong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2013
Sold by
Federal National Mortgage Association
Bought by
Chan Randel Mulan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2012
Sold by
Macleod Yi and Macleod Saxon R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 13, 2008
Sold by
Wittenberg Joerg
Bought by
Macleod Yi and Macleod Saxon R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2006
Sold by
Weihl & Wittenberg Property Partnership
Bought by
Wittenberg Joerg
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mu Yao -- Old Republic Title
Bennett Michael James -- Advantage Title Llc
Bennett Michael James $500,000 Placer Title Company
Chan Randel Mulan $279,000 Lsi Title Company
Federal National Mortgage Association $296,211 Landsafe Title
Macleod Yi $365,000 First American Title Company
Wittenberg Joerg $28,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett Michael James $370,838
Previous Owner Bennett Michael James $375,000
Previous Owner Chan Randel Mulan $265,000
Previous Owner Macleod Yi $292,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $700,000 -- --
03/10/2022 03/10/22 Sold $700,000 +2.2% $606 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
02/12/2022 02/12/22 Price Changed $685,000 -5.5% $593 / Sq Ft
01/20/2022 01/20/22 For Sale $725,000 -- $627 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,886 $735,840 $222,852 $519,988
2024 $10,886 $721,280 $218,484 $509,796
2023 $11,447 $714,000 $214,200 $499,800
2022 $9,199 $550,750 $167,325 $390,425
2021 $8,782 $539,814 $164,044 $382,770
2020 $8,684 $541,210 $162,363 $378,847
2019 $8,444 $530,600 $159,180 $371,420
2018 $8,270 $520,200 $156,060 $364,140
2017 $7,951 $510,000 $153,000 $357,000
2016 $7,683 $500,000 $150,000 $350,000
2015 $4,822 $285,865 $85,759 $200,106
2014 $4,823 $280,265 $84,079 $196,186
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40978558

bridgeMLS

APN: 005-0425-030-00