NOT LISTED FOR SALE

8 Orchids Condominium 423 7th St Unit 308 Oakland, CA 94607

Chinatown Neighborhood

Estimated Value: $379,000 - $560,000

2 Beds
1 Bath
1,105 Sq Ft
$498/ mo HOA Fee

Last Sold June 10, 2021

Last sale price $555,000 $502 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $3,709/month

104 Days on Market

Highlights

  • Rooftop Deck
  • 32,670 Sq Ft lot
  • Solid Surface Countertops
  • Lincoln Elementary School Rated 9+
  • Contemporary Architecture
  • Double Pane Windows

About This Home

As of June 2021

8 Orchids is a Luxury condo complex in the heart of Oakland Chinatown, Downtown and walking distance to Jack London Square, markets, restaurants and shops. Walking distance to BART and Public transportation. Quick access to freeways. Peaceful roof top garden with Dramatic views, Relaxing community lounge. Secured key fob building entry & Gated parking garage. New Paint and New Carpet. Immaculately maintained. In unit laundry.

Last Agent to Sell the Property

Carl Lee

Carl Lee, Broker License #01336133 Listed on: 02/02/2021

Last Buyer's Agent

Marco Perey

License #02018361

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 0.75

HOA Fees

  • $498 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Entry on the 3rd floor
  • Concrete Block With Brick

Interior Spaces

  • 3-Story Property
  • Double Pane Windows

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

Outdoor Features

  • Rooftop Deck

Utilities

  • Central Air
  • Gravity Heating System
  • Electricity To Lot Line
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12378

Community Details

Overview

  • Association fees include common area maintenance, common hot water, exterior maintenance, hazard insurance, management fee, reserves, security/gate fee, trash, water/sewer
  • 157 Units
  • Pacific Sales & Manage Association, Phone Number (510) 763-8600
  • Chinatown Subdivision

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0.75 Acres

HOA Fees

$498 per month

Parking

1

Listing Details

  • Year Built: 2008
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: CHINATOWN
  • Directions: Broadway right on 7th Street
  • Architectural Style: Contemporary
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: Three or More Stories
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer, Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Elevator, No Additional Rooms, Counter - Solid Surface
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Counter - Solid Surface, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Microwave, Refrigerator

Exterior Features

  • Lot Features: Regular
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Concrete Block
  • Exterior Features: No Yard
  • Property Condition: Existing

Garage/Parking

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

Utilities

  • Heating: Gravity, Other
  • Cooling: Central Air
  • Laundry Features: 220 Volt Outlet, Dryer, In Unit, Washer
  • Security: Fire Alarm, Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Electricity On Property: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Amenities: Roof Deck
  • Association Fee: 498
  • Association Fee Frequency: Monthly
  • Association Name: PACIFIC SALES & MANAGE
  • Phone: 510-763-8600
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Common Hot Water, Exterior Maintenance, Hazard Insurance, Management Fee, Reserves, Security/Gate Fee, Trash, Water/Sewer

Schools

  • Senior High School District: Oakland (510) 879-8111

Lot Info

  • Lot Size Sq Ft: 32670
  • Parcel Number: 12378
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Jun 7, 2021
Sold by
Newton Todd Michael
Bought by
Dixon Julian
Seller's Agent
Carl Lee
Carl Lee, Broker
Buyer's Agent
Marco Perey
List Price
$579,888
Sold Price
$555,000
Premium/Discount to List
-$24,888
-4.29%
Current Estimated Value
$453,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$101,946
Avg. Annual Appreciation
-4.14%
Original Mortgage
$499,445
Outstanding Balance
$452,185
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$869

Purchase Details

Closed on
Apr 6, 2009
Sold by
Denewton Yenny Paz
Bought by
Newton Todd Michael

Purchase Details

Closed on
Jul 3, 2008
Sold by
Rp Bayrock I Llc
Bought by
Newton Todd Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Dixon Julian $555,000 Chicago Title Company
Newton Todd Michael -- Chicago Title Company
Newton Todd Michael $338,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dixon Julian $499,445
Previous Owner Newton Todd Michael $253,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $555,000 -- --
06/10/2021 06/10/21 Sold $555,000 -4.3% $502 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $579,888 -- $525 / Sq Ft
Source: Bay East 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 $9,485 $588,330 $178,599 $416,731
2024 $9,485 $576,660 $175,098 $408,562
2023 $9,921 $572,220 $171,666 $400,554
2022 $9,645 $555,400 $168,300 $392,700
2021 $7,253 $402,094 $120,628 $281,466
2020 $7,176 $397,974 $119,392 $278,582
2019 $6,868 $390,173 $117,052 $273,121
2018 $6,734 $382,524 $114,757 $267,767
2017 $6,128 $375,024 $112,507 $262,517
2016 $5,893 $367,672 $110,301 $257,371
2015 $5,861 $362,153 $108,646 $253,507
2014 $5,896 $355,061 $106,518 $248,543
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Carl Lee

    Carl Lee, Broker

    (510) 520-4893

    1 in this area

    7 Total Sales

    Carl Lee
    Section Image

  • M

    Buyer's Agent in 2021

    Marco Perey

    Section Image
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About 8 Orchids Condominium

Map

Source: Bay East Association of REALTORS®

MLS Number: 40936310

Bay East Association of REALTORS®

APN: 001-0237-008-00

California Alameda County Oakland 94607 Chinatown

423 7th St Unit 308, Oakland, CA

Not Listed for Sale

Condos

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