NOT LISTED FOR SALE

7857 Olive St Oakland, CA 94621

Arroyo Viejo Neighborhood

Estimated Value: $476,000 - $513,000

2 Beds
1 Bath
920 Sq Ft
$532/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $520,000 $565 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,718/month

12 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Cul-De-Sac
  • Solid Surface Countertops
  • Breakfast Area or Nook
  • 4-minute walk to Arroyo Viejo Recreation Center and Park

About This Home

As of April 2024

Introducing 7857 Olive Street – a delightful 2-bedroom, 1-bathroom residence nestled in a peaceful Cul-de-sac, boasting 920 square feet of living space. Recent updates include a new roof installed in 2020. This charming abode is ideally situated in a highly sought-after locale adjacent to the beloved Arroyo Park. The current owner has lovingly maintained this property since 1966, infusing it with warmth and character over the years. A two-story layout with an attached one-car garage offers both convenience and functionality. Upon entering the first floor, you're greeted by a welcoming living room, a cozy dining area, and a well-appointed kitchen, along with a conveniently located bathroom. Ascend to the second floor to discover a serene bedroom offering a lovely view. Outside, the property boasts both front and backyard spaces, perfect for entertaining guests or simply enjoying a moment of tranquility amidst the lush surroundings. The presence of orange and lemon trees adds a delightful touch to the outdoor space.

Last Agent to Sell the Property

Markus Brown

License #02033178 Listed on: 03/07/2024

Last Buyer's Agent

Christian Espinoza Rodriguez

Realty One Group Elite License #02010465

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 4,000 Sq Ft Lot
  • Cul-De-Sac
  • Dog Run
  • Landscaped
  • Front Yard Sprinklers
  • Back Yard Fenced and Front Yard

Parking

  • 1 Car Attached Garage
  • Carport
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Shingle Siding
  • Composition Shingle

Interior Spaces

  • Wood Burning Fireplace
  • Brick Fireplace
  • Window Screens
  • Family Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Solid Surface Countertops

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Wall Furnace
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bay East Association
  • Arroyo Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 40338820

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

4,000 Sq Ft Lot

Parking

1

Listing Details

  • Year Built: 1941
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.09
  • Subdivision Name: ARROYO PARK
  • Directions: Exit Edwards from 580 / down to Bancroft
  • Architectural Style: Traditional
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Other
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Linoleum, Carpet
  • Basement: Crawl Space
  • Appliances: Gas Range, Microwave, Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Brick, Family Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Dining Area, Storage, Breakfast Nook, Counter - Solid Surface, Eat-in Kitchen
  • Window Features: Screens
  • Room Kitchen Features: Breakfast Nook, Counter - Solid Surface, Eat In Kitchen, Gas Range/Cooktop, Microwave, Range/Oven Free Standing, Refrigerator

Exterior Features

  • Roof: Shingle
  • Fencing: Partial Fence, Fenced, Back Yard
  • Lot Features: Cul-De-Sac, Front Yard, Landscape Front
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Composition Shingles, Shingles, Concrete, Shingle Siding
  • Exterior Features: Backyard, Back Yard, Dog Run, Front Yard, Side Yard, Sprinklers Front, Storage, Entry Gate, Landscape Front, Manual Sprinkler Front, Yard Space
  • Other Structures: Shed(s)
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Parking Features: Attached, Carport, Off Street
  • Total Parking Spaces: 2

Utilities

  • Heating: Wall Furnace, Fireplace(s)
  • Utilities: Water/Sewer Meter on Site, All Public Utilities, Cable Available, Individual Electric Meter, Individual Gas Meter
  • Cooling: None
  • Laundry Features: Dryer, Gas Dryer Hookup, Hookups Only, Washer
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 4000
  • Parcel Number: 40338820
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Apr 11, 2024
Sold by
Thompson Dora Lee
Bought by
Ochoa Juan Lopez and Pelaez Maria Gloria
Seller's Agent
Markus Brown
Buyer's Agent
Christian Espinoza Rodriguez
Realty One Group Elite
List Price
$499,000
Sold Price
$520,000
Premium/Discount to List
$21,000
4.21%
Views
56
Current Estimated Value
$489,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,339
Avg. Annual Appreciation
-3.15%
Original Mortgage
$347,000
Outstanding Balance
$341,676
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$147,985
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
Ochoa Juan Lopez $520,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochoa Juan Lopez $347,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $520,000 -- --
04/24/2024 04/24/24 Sold $520,000 +4.2% $565 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $499,000 -- $542 / 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 $2,381 $530,400 $159,120 $371,280
2024 $2,381 $42,276 $21,393 $27,883
2023 $1,432 $48,309 $20,973 $27,336
2022 $1,407 $40,362 $20,562 $26,800
2021 $950 $39,434 $20,159 $26,275
2020 $1,498 $45,957 $19,952 $26,005
2019 $917 $45,056 $19,561 $25,495
2018 $1,285 $44,173 $19,177 $24,996
2017 $1,179 $43,306 $18,801 $24,505
2016 $1,459 $42,458 $18,433 $24,025
2015 $1,445 $41,820 $18,156 $23,664
2014 $1,334 $41,001 $17,800 $23,201
Source: Public Records

Agents Affiliated with this Home

  • Markus Brown

    Seller's Agent in 2024

    Markus Brown

    (510) 691-3947

    1 in this area

    12 Total Sales

    Markus Brown
    Section Image
  • Christian Espinoza Rodriguez

    Buyer's Agent in 2024

    Christian Espinoza Rodriguez

    Realty One Group Elite

    (925) 444-5848

    4 in this area

    534 Total Sales

    Christian Espinoza Rodriguez
    Section Image
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Map

Source: Bay East Association of REALTORS®

MLS Number: 41052075

Bay East Association of REALTORS®

APN: 040-3388-020-00

California Alameda County Oakland 94605 Arroyo Viejo

7857 Olive St, Oakland, CA

Not Listed for Sale

Detached

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