NOT LISTED FOR SALE

8 Orchids Condominium 423 7th St Unit 103 Oakland, CA 94607

Chinatown Neighborhood

Estimated Value: $399,000 - $554,000

2 Beds
1 Bath
1,156 Sq Ft
$498/ mo HOA Fee

Last Sold June 09, 2021

Last sale price $550,000 $476 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $3,803/month

83 Days on Market

Highlights

  • Rooftop Deck
  • City View
  • Clubhouse
  • Lincoln Elementary School Rated 9+
  • 0.75 Acre Lot
  • Art Deco Architecture

About This Home

As of June 2021

Newly reduced price! Evoking modern living, this condo boasts an open floor plan, a balcony and two bedrooms both with walk in closets. Details include laminate floors throughout, a kitchen featuring stained cherry cabinets, granite counters and stainless steel appliances and a stacked washer and dryer for your convenience. One secured parking space included. Located in the highly desired Eight Orchids complex characterized by a timeless Art Deco aesthetic, the amenities include a fabulous rooftop deck offering expansive city views, a courtyard on unit level, two community rooms and excellent security. Be front and center to Oakland's reopening and progress as development ambitions including the nearby Howard Terminal A's stadium plans move forward. Situated in close proximity to Jack London Square, Chinatown, BART, the Bay Bridge, 880 and 580 freeways, this condo is in the middle of the action! 3-D Tour: https://my.matterport.com/show/?m=9SSS6WNqq2t&mls

Last Agent to Sell the Property

Frederick Kuo

Amber Rock Properties License #01783211 Listed on: 02/25/2021

Amber Rock Properties

Last Buyer's Agent

Sendy Giang

F A S Realty Inc. License #01420097

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 0.75

HOA Fees

  • $498 Monthly HOA Fees

Home Design

  • Art Deco Architecture

Interior Spaces

  • 1,156 Sq Ft Home
  • Double Pane Windows
  • Formal Entry
  • Laminate Flooring
  • Security Gate
  • Laundry closet

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • Enclosed Parking
  • Covered Parking
  • Open Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 1-235-3

Community Details

Overview

  • Association fees include cable TV, common areas, gas, security, sewer, trash, water
  • 157 Units
  • Pacific Sales And Management Association, Phone Number (510) 763-8600
  • Mid-Rise Condominium

Amenities

  • Rooftop Deck
  • Clubhouse

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0.75 Acres

HOA Fees

$498 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Subtype Description: Luxury, Mid-Rise (4-8)
  • Architectural Style: Art Deco
  • Year Built: 2008
  • Accessory Dwelling Unit Second Unit: No
  • Special Features: None
  • Stories: 0

Interior Features

  • Master Bedroom Features: Walk-In Closet
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator
  • Bathroom Features: Tub w/Shower Over
  • Flooring: Laminate
  • Interior Amenities: Formal Entry
  • Kitchen Features: Granite Counter, Pantry Cabinet
  • Laundry Features: Laundry Closet, Stacked Only
  • Price Per Square Foot: 475.78
  • Square Footage: 1156.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Other
  • Exterior Features: Balcony
  • Roof: Other
  • View: City

Garage/Parking

  • Parking Access: Independent
  • Parking Features: Covered, Enclosed
  • Parking Fees: No
  • Parking Type: On Site - Assigned (Condo Only)
  • Total Parking Spaces: 1.00

Utilities

  • Cooling: Central
  • Heating: Gas
  • Security Features: Carbon Mon Detector, Secured Access, Security Gate, Smoke Detector
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Association Features: Clubhouse, Roof Deck
  • Association Name: Pacific Sales and Management

Condo/Co-op/Association

  • Association Fee: 498
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Cable TV, Common Areas, Gas, Security, Sewer, Trash, Water
  • Phone: (510) 763-8600

Lot Info

  • Assessor Parcel Number: 1-235-3
  • Lot Features: Shape Regular
  • Lot Size Acres: 0.7500
  • Lot Size Sq Ft: 32670.00
  • Lot Size Units: SqFt
  • Price Per Acre: 733333.33

Multi Family

  • Number Of Units: 157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2021
Closed on
Jun 4, 2021
Sold by
Johnson Rich and Johnson Richard
Bought by
Li Ann Yan Kit and Tsang Monique Kit
Seller's Agent
Frederick Kuo
Amber Rock Properties
Buyer's Agent
Sendy Giang
F A S Realty Inc.
List Price
$639,000
Sold Price
$550,000
Premium/Discount to List
-$89,000
-13.93%
Current Estimated Value
$470,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$79,703
Avg. Annual Appreciation
-3.22%

Purchase Details

Closed on
Aug 31, 2019
Sold by
55 East 7Th Street Llc
Bought by
Johnson Richard and Johnson Rich

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 13, 2017
Sold by
Wong William B and Wong Mary C
Bought by
55 East 7Th Street Llc

Purchase Details

Closed on
Dec 31, 2007
Sold by
R P Bayrock I Llc
Bought by
Wong William B and Wong Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,710
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Wong William B and Wong Mary C
Bought by
West Grand Lofts Llc

Purchase Details

Closed on
Nov 2, 2003
Sold by
Wong William B and Wong Mary C
Bought by
West Grand Lofts Llc

Purchase Details

Closed on
Oct 14, 2003
Sold by
Wong William B and Wong Mary C
Bought by
Lofts West Grand

Purchase Details

Closed on
Sep 26, 2003
Sold by
Wong William B and Wong Mary C
Bought by
West Grand Lofts Llc

Purchase Details

Closed on
Sep 15, 2003
Sold by
Wong William B and Wong Mary C
Bought by
West Grand Lofts Llc

Purchase Details

Closed on
Aug 7, 2003
Sold by
Wong William B and Wong Mary C
Bought by
West Grand Lofts Llc

Purchase Details

Closed on
Jul 15, 2003
Sold by
Wong William B and Wong Mary C
Bought by
West Grand Lofts Llc

Purchase Details

Closed on
Jul 14, 2003
Sold by
Wong William B and Wong Mary C
Bought by
West Grand Lofts Llc

Purchase Details

Closed on
May 28, 2003
Sold by
Wong William B and Wong Mary C
Bought by
Lofts West Grand

Purchase Details

Closed on
May 22, 2003
Sold by
Wong William B and Wong Mary C
Bought by
West Grand Lofts Llc

Purchase Details

Closed on
Feb 21, 2003
Sold by
Wong William B and Wong Mary C
Bought by
Lots West Grand
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Ann Yan Kit $550,000 First American Title
Johnson Richard -- First American Title Company
55 East 7Th Street Llc $650,000 First American Title Company
Wong William B $446,000 Chicago Title Company
West Grand Lofts Llc -- First American Title Company
West Grand Lofts Llc -- First American Title Company
Lofts West Grand -- First American Title Company
Lofts West Grand -- --
West Grand Lofts Llc -- --
West Grand Lofts Llc -- First American Title Company
West Grand Lofts Llc -- First American Title Company
West Grand Lofts Llc -- First American Title Company
West Grand Lofts Llc -- First American Title Co
West Grand Lofts Llc -- --
Lofts West Grand -- First American Title Company
West Grand Lofts Llc -- First American Title Company
Lots West Grand -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Richard $30,000
Previous Owner Wong William B $356,710
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2021 06/09/21 Sold $550,000 -3.3% $476 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
04/29/2021 04/29/21 Price Changed $569,000 -5.0% $492 / Sq Ft
03/11/2021 03/11/21 Price Changed $599,000 -6.3% $518 / Sq Ft
02/25/2021 02/25/21 For Sale $639,000 -- $553 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $9,505 $588,330 $178,599 $416,731
2024 $9,505 $576,660 $175,098 $408,562
2023 $9,922 $572,220 $171,666 $400,554
2022 $9,644 $554,000 $168,300 $392,700
2021 $14,134 $683,260 $204,978 $478,282
2020 $14,017 $676,260 $202,878 $473,382
2019 $10,619 $663,000 $198,900 $464,100
2018 $10,406 $650,000 $195,000 $455,000
2017 $7,875 $504,528 $151,358 $353,170
2016 $7,608 $494,637 $148,391 $346,246
2015 $7,372 $435,000 $130,500 $304,500
2014 $6,398 $390,000 $117,000 $273,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2021

    Frederick Kuo

    Amber Rock Properties

    Section Image

  • S

    Buyer's Agent in 2021

    Sendy Giang

    F A S Realty Inc.

    Section Image
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About 8 Orchids Condominium

Map

Source: San Francisco Association of REALTORS®

MLS Number: 421522985

San Francisco Association of REALTORS®

APN: 001-0235-003-00

California Alameda County Oakland 94607 Chinatown

423 7th St Unit 103, Oakland, CA

Not Listed for Sale

Condos

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