NOT LISTED FOR SALE

8 Orchids Condominium 423 7th St Unit 702 Oakland, CA 94607

Chinatown Neighborhood

Estimated Value: $447,000 - $664,000

2 Beds
2 Baths
1,320 Sq Ft
$531/ mo HOA Fee

Last Sold October 14, 2021

Last sale price $668,000 $506 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $4,329/month

46 Days on Market

Highlights

  • Contemporary Architecture
  • Stone Countertops
  • Secured Garage or Parking
  • Lincoln Elementary School Rated 9+
  • Intercom
  • Laundry closet

About This Home

As of October 2021

Bright and spacious, air-condition 2 bedrooms, 2 full baths condo with ample closet space. Large kitchen with S.S. appliance and gas stove. Laundry in the unit. Parcel Pending lockers for your delivered packages. Located close to public transportation, restaurants, banks, health centers. Jack London Square just a few blocks away and farmers market on Fridays.

Last Agent to Sell the Property

Ann Fok

PACIFIC SALES & MANAGEMENT License #00876038 Listed on: 07/24/2021

Last Buyer's Agent

Michael Fung

Bay Cities Realty & Services Inc. License #01177342

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2008

Lot Details

  • 0.75

HOA Fees

  • $531 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor
  • Stucco

Interior Spaces

  • 1-Story Property
  • Intercom

Kitchen

  • Plumbed For Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Central Air
  • Air Source Heat Pump
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12412

Community Details

Overview

  • Association fees include cable TV, common area maintenance, common hot water, exterior maintenance, gas, management fee, reserves, security/gate fee, trash, water/sewer
  • 157 Units
  • Association Phone (510) 763-8600

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2008

Lot Details

0.75 Acres

HOA Fees

$531 per month

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Other
  • Directions: Broadway to 7th Street
  • Architectural Style: Contemporary
  • Building Name: Other
  • Carport Y N: No
  • Entry Level: 7
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • Efficiency: Heat Pump - Air, Other
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Tile
  • Appliances: Dishwasher, Disposal, Plumbed For Ice Maker, Refrigerator
  • Other Equipment: Intercom, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Elevator, No Additional Rooms, Stone Counters
  • Room Kitchen Features: Counter - Stone, Dishwasher, Garbage Disposal, Ice Maker Hookup, Other, Refrigerator

Exterior Features

  • Lot Features: Other
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: No Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Secured, Assigned, Space Per Unit - 1, Below Building Parking, Remote, Garage Door Opener

Utilities

  • Heating: Heat Pump-Air
  • Utilities: All Public Utilities, Cable Connected, Internet Available, Master Gas Meter
  • Cooling: Central Air
  • Laundry Features: Dryer, Laundry Closet, Washer
  • Security: Fire Alarm, Fire Sprinkler System, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Other, Cable TV
  • Association Fee: 531
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 510-763-8600
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Common Area Maint, Common Hot Water, Exterior Maintenance, Gas, Management Fee, Other, Reserves, Security/Gate Fee, Trash, Water/Sewer

Schools

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

Lot Info

  • Parcel Number: 12412
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2021
Closed on
Oct 6, 2021
Sold by
Yee Christine and Yee Christine B
Bought by
Li Longxue and Fan Huiqi
Seller's Agent
Ann Fok
PACIFIC SALES & MANAGEMENT
Buyer's Agent
Michael Fung
Bay Cities Realty & Services Inc.
List Price
$689,000
Sold Price
$668,000
Premium/Discount to List
-$21,000
-3.05%
Current Estimated Value
$539,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$128,299
Avg. Annual Appreciation
-4.68%
Original Mortgage
$427,000
Outstanding Balance
$385,988
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$153,713

Purchase Details

Closed on
Jul 3, 2008
Sold by
Rp Bayrock I Llc
Bought by
Hoo Harry C Soo and May Soo Hoo D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.9%
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
Li Longxue $668,000 Chicago Title Company
Hoo Harry C Soo $470,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Longxue $427,000
Previous Owner Hoo Harry C Soo $235,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $668,000 -- --
10/14/2021 10/14/21 Sold $668,000 -1.6% $506 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
08/20/2021 08/20/21 Price Changed $679,000 -1.5% $514 / Sq Ft
07/24/2021 07/24/21 For Sale $689,000 -- $522 / Sq Ft
Source: bridgeMLS

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 $10,970 $701,881 $212,664 $496,217
2024 $10,970 $687,987 $208,496 $486,491
2023 $11,478 $681,360 $204,408 $476,952
2022 $9,829 $661,000 $200,400 $467,600
2021 $9,385 $552,125 $167,737 $391,388
2020 $9,287 $553,396 $166,019 $387,377
2019 $8,926 $542,548 $162,764 $379,784
2018 $8,748 $531,912 $159,573 $372,339
2017 $8,009 $521,483 $156,445 $365,038
2016 $7,738 $511,260 $153,378 $357,882
2015 $6,965 $450,000 $135,000 $315,000
2014 $6,442 $400,000 $120,000 $280,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Ann Fok

    PACIFIC SALES & MANAGEMENT

  • M

    Buyer's Agent in 2021

    Michael Fung

    Bay Cities Realty & Services Inc.

    (510) 893-6888

    2 in this area

    9 Total Sales

    Michael Fung
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About 8 Orchids Condominium

Map

Source: bridgeMLS

MLS Number: 40960337

bridgeMLS

APN: 001-0241-002-00

California Alameda County Oakland 94607 Chinatown

423 7th St Unit 702, Oakland, CA

Not Listed for Sale

Condos

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bridgeMLS Bay East 2026. CCAR 2026. bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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