NOT LISTED FOR SALE

8 Orchids Condominium 423 7th St Unit 815 Oakland, CA 94607

Chinatown Neighborhood

Estimated Value: $431,000 - $607,000

2 Beds
2 Baths
1,194 Sq Ft
$411/Sq Ft Est. Value

About This Home

Modern Elegance Meets Urban Living: Spacious 2-Bedroom Loft in the Heart of Oakland!

Welcome to 423 7th St Unit 815! This modern condominium offers stunning views and contemporary living in the heart of Oakland. With 2 bedrooms and 2 bathrooms, this home provides 1194 sq ft of spacious living space.

Key Features:
Bedrooms: 2
Bathrooms: 2
Square Footage: 1194 sq ft
Parking: 1 shared parking space. You need a FOB to enter the parking garage under the building
Laundry: In-unit
Appliances: Dishwasher, microwave, oven, refrigerator, stove, sink
Pets: No pets allowed
Monthly cost/HOA details: Tenant is in charge of HOA Move-in/Move-out fees (if applicable)
Outdoor Space: Shared outdoor space available
Utilities: The tenant Tenant is in charge of electricity, gas, and internet usage.

Additional Features: Central A/C, central heating, great light, big windows, updated bathroom

Location and Neighborhood: Located in vibrant Oakland, this home is close to two BART stations and the Jack London Ferry. Enjoy two nearby farmers markets, grocery stores, shopping, restaurants, and easy access to highways and the downtown area. The property boasts a high walk score, making it ideal for those who appreciate urban convenience.

Don't miss out on this exceptional home! Contact us today to schedule a viewing and experience the charm of this property for yourself!

Lease Terms and Application:
?? Lease Terms: 12 months, available for move-in now
?? Platform Fee: $45 per adult (non-refundable)
?? Security Deposit: Equal to 1x the monthly rent based upon approved credit
?? Security deposit and the first month’s rent will be due at the time of lease signing
?? Qualifications: Renters should have a minimum credit score of 650 or above and a gross income of at least 3x the monthly rent
??? Lease Start: Preference will be given to applicants with the earliest start date
?? Section 8 or Housing Vouchers are accepted. If approved, the process may take up to 30 days based on the Housing Authority timeline
?? Please view our statement of Rental Policy for further details
?? Three (3) pets are allowed per home (subject to local laws and HOA Rules and Regulations). Renters Insurance with pet coverage is required.
?? Dogs: The list of domestic dog breeds that are restricted includes: American Pit Bull Terriers, Rottweilers, Staffordshire Terriers, and any dog that has a percentage or mix of any of those breeds. Any canines other than domestic dogs (wolves, coyotes, dingoes, jackals, etc.) and any hybrids of them are not permitted.
?? Cats: All breeds of domestic cats are permitted.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2017
Sold by
Naik Poonam
Bought by
Naik Kiran P
Current Estimated Value
$490,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$395,901
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$94,827

Purchase Details

Closed on
Jul 6, 2017
Sold by
Dawang Wu Charles Qian Zhi and Dawang Ma Diane
Bought by
Naik Siddharth and Naik Kiran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$395,901
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$94,827

Purchase Details

Closed on
Dec 6, 2011
Sold by
R P Bayrock I Llc
Bought by
Dawang Wu Charles Qian Zhi and Dawang Ma Diane

Purchase Details

Closed on
May 3, 2005
Sold by
Jack London Hj Partners
Bought by
Rp Bayrock I Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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Average Value
Not Available
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
Naik Kiran P -- Chicago Title Company
Naik Siddharth $635,000 Chicago Title Company
Dawang Wu Charles Qian Zhi $370,000 Chicago Title Company
Rp Bayrock I Llc -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naik Siddharth $476,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Off Market $2,800 -- --
09/26/2024 09/26/24 For Rent $2,800 -- --

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 $9,347 $538,000 $163,500 $381,500
2024 $9,347 $563,000 $171,000 $399,000
2023 $11,612 $694,454 $208,336 $486,118
2022 $11,307 $673,840 $204,252 $476,588
2021 $10,833 $660,492 $200,247 $467,245
2020 $10,718 $660,653 $198,196 $462,457
2019 $10,325 $647,700 $194,310 $453,390
2018 $10,117 $635,000 $190,500 $444,500
2017 $6,376 $400,431 $120,129 $280,302
2016 $6,135 $392,580 $117,774 $274,806
2015 $6,100 $386,686 $116,006 $270,680
2014 $6,141 $379,112 $113,733 $265,379
Source: Public Records

About 8 Orchids Condominium

Map

California Alameda County Oakland 94607 Chinatown

423 7th St Unit 815, Oakland, CA

Not Listed for Sale

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