NOT LISTED FOR SALE

729 Madison St Oakland, CA 94607

Chinatown Neighborhood

Estimated Value: $592,000 - $824,132

4 Beds
2 Baths
1,783 Sq Ft
$401/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $730,000 $409 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,758/month

72 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Lake Merritt Station
  • Double Pane Windows
  • Lincoln Elementary School Rated 10
  • No HOA
  • 4-minute walk to Wilma Chan Park

About This Home

As of April 2021

Must see! 727-729 Madison St., a charming duplex located in Oakland's Chinatown neighborhood. The property consists of two (2) 2.5bd/ 1ba units, averaging 890 SF each, with the possibility of a rear ADU addition. The upper unit will be delivered vacant at close of escrow and has been thoroughly updated with a modern kitchen and bath as well as freshly finished flooring. This property presents the perfect opportunity for an owner-user or investor and will continue to demand premium rents in a desirable Lake Merritt location one block from Lake Merritt BART. All information and images should be independently reviewed and verified for accuracy.

Last Agent to Sell the Property

Grant Chappell

Nai Northern California License #01700439 Listed on: 01/05/2021

Nai Northern California

Last Buyer's Agent

Kate Norton

License #01946995

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 2,500 Sq Ft Lot
  • Fenced
  • Rectangular Lot
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • Double Pane Windows
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • 1,783 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 117710

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Year Built: 1918
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Directions: Lake Merritt Blvd to Madison Street
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: None
  • Appliances: Tankless Water Heater
  • Total Bedrooms: 4
  • Interior Amenities: Updated Baths
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Fenced
  • Lot Features: Regular
  • Construction Type: Stucco
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Street

Utilities

  • Heating: Wall Furnace
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Laundry Features: Washer/Dryer Hookups
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 2500
  • Parcel Number: 117710
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2021
Closed on
Apr 8, 2021
Sold by
Lee Gary J and Lee Theresa Kwon
Bought by
Wong Kenny Man and Chou Emily
Seller's Agent
Grant Chappell
Nai Northern California
Buyer's Agent
Kate Norton
List Price
$730,000
Sold Price
$730,000
Current Estimated Value
$715,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,467
Avg. Annual Appreciation
-0.42%
Original Mortgage
$547,500
Outstanding Balance
$494,326
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$221,207

Purchase Details

Closed on
Mar 27, 2019
Sold by
Chin Colin K and Chin Susan
Bought by
Lee Gary J and Kwon Lee Theresa

Purchase Details

Closed on
Sep 20, 2000
Sold by
Chin Colin K and Chin Susana
Bought by
Chin Colin K and Chin Susana

Purchase Details

Closed on
Aug 18, 1995
Sold by
Ow Wing Herbert and Ow Wing Rosalind
Bought by
Chin Colin K and Chin Susana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.63%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wong Kenny Man $730,000 Old Republic Title Company
Lee Gary J $420,000 None Available
Chin Colin K -- --
Chin Colin K -- --
Chin Colin K $190,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Kenny Man $547,500
Previous Owner Chin Colin K $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $730,000 -- --
04/16/2021 04/16/21 Sold $730,000 0.0% $409 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $730,000 0.0% $409 / Sq Ft
02/28/2021 02/28/21 Price Changed $730,000 0.0% $409 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
02/18/2021 02/18/21 Off Market $730,000 -- --
01/05/2021 01/05/21 For Sale $799,000 -- $448 / 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 $12,256 $790,165 $237,049 $553,116
2024 $12,256 $774,675 $232,402 $542,273
2023 $12,787 $759,491 $227,847 $531,644
2022 $12,396 $744,600 $223,380 $521,220
2021 $8,624 $496,729 $257,640 $239,089
2020 $8,454 $491,640 $255,000 $236,640
2019 $5,348 $282,940 $84,882 $198,058
2018 $5,240 $277,394 $83,218 $194,176
2017 $4,998 $271,955 $81,586 $190,369
2016 $4,784 $266,624 $79,987 $186,637
2015 $4,755 $262,621 $78,786 $183,835
2014 $4,834 $257,477 $77,243 $180,234
Source: Public Records

Agents Affiliated with this Home

  • Grant Chappell

    Seller's Agent in 2021

    Grant Chappell

    Nai Northern California

    (510) 336-4721

    1 in this area

    34 Total Sales

    Grant Chappell
    Section Image

  • K

    Buyer's Agent in 2021

    Kate Norton

    (510) 254-3831

    1 in this area

    34 Total Sales

    Kate Norton
    Section Image
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Map

Source: bridgeMLS

MLS Number: 40933239

bridgeMLS

APN: 001-0177-010-00

California Alameda County Oakland 94607 Chinatown

729 Madison St, Oakland, CA

Not Listed for Sale

MultiFamily

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bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. 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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