NOT LISTED FOR SALE

Estimated Value: $303,000 - $332,000

1 Bed
1 Bath
533 Sq Ft
$450/mo HOA Fee

Last Sold July 20, 2022

Last sale price $370,000 $694 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,813/month

80 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Double Pane Windows
  • Lincoln Elementary School Rated 9+
  • Stone Countertops
  • Security Gate

About This Home

As of July 2022

Welcome Home! No view, but it has a great price and great location! The Franklin 88 is located right in the Heart of Oakland Chinatown! Recent upgrades include fresh interior paint, recently installed bathroom floor and carpeting, and bathroom/kitchen faucets. Washer/Dryer is in the unit. Elevators on each floor require keycard to use. Recycle Bins and Garbage Chutes on each floor. Walk across the street to Renaissance Plaza where you can go to Bank of America, get a bowl of BBQ Noodle Soup, or go to the Library. Centrally located with nearby small markets to shop for fresh vegetables, meats, and daily needs. Ideal for commuters with nearby AC Transit Lines, easy access to 880 Freeway and one assigned parking spot in the secured garage. Nearby attractions include Chinatown, Farmer’s Market, Jack London Square, and Lake Merritt. It is a “Walker’s Paradise” with a Walk Score-100, Transit Score-88 and Bike Score-86! Perfect home for the young professional or retiree!

Last Agent to Sell the Property

Anders Lee

United Brokers Real Estate License #02103109 Listed on: 03/17/2022

Last Buyer's Agent

Miranda Lau

Far East Realty License #00916530

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,757

Year Built

  • Built in 2004

Lot Details

  • 218

HOA Fees

  • $450 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Tuck Under Parking
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 3-Story Property
  • Double Pane Windows
  • Window Screens
  • Security Gate

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Stacked Washer and Dryer

Additional Features

  • Stepless Entry
  • Individual Controls for Heating

Listing and Financial Details

  • Assessor Parcel Number 21033

Community Details

Overview

  • Association fees include management fee, reserves, security/gate fee, trash, water/sewer
  • 88 Units
  • Arioso HOA, Phone Number (510) 763-8600
  • Chinatown Subdivision

Amenities

  • Laundry Facilities

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,757

Year Built

Built in 2004

Lot Details

0

HOA Fees

$450 per month

Parking

1

Listing Details

  • Year Built: 2004
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: CHINATOWN
  • Directions: From Broadway Go East on 9th St
  • Architectural Style: Contemporary
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 4
  • Garage Yn: Yes
  • Unit Levels: Three or More Stories, One
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Location: No Steps to Entry
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Elevator, No Additional Rooms, Stone Counters
  • Window Features: Double Pane Windows, Screens
  • Room Kitchen Features: Counter - Stone, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Microwave, Refrigerator

Exterior Features

  • Lot Features: No Lot
  • 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: Below Building Parking, Enclosed, Garage, Off Street, Space Per Unit - 1, Garage Door Opener
  • Total Parking Spaces: 1

Utilities

  • Heating: Electric, Individual Rm Controls
  • Utilities: All Public Utilities, Cable Available
  • Cooling: No Air Conditioning
  • Laundry Features: Laundry Closet, Washer/Dryer Stacked Incl
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Secured Access, Security Gate, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Amenities: Laundry, Gated
  • Association Fee: 450
  • Association Fee Frequency: Monthly
  • Association Name: ARIOSO HOA
  • Phone: 510-763-8600
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Management Fee, Reserves, Security/Gate Fee, Trash, Water/Sewer

Schools

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

Lot Info

  • Parcel Number: 21033
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Jul 18, 2022
Sold by
Liu William and Liu Jane
Bought by
Lau Jacob and Yuen Lisa
Seller's Agent
Anders Lee
United Brokers Real Estate
Buyer's Agent
Miranda Lau
Far East Realty
List Price
$389,000
Sold Price
$370,000
Premium/Discount to List
-$19,000
-4.88%
Total Days on Market
80
Current Estimated Value
$330,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$39,767
Avg. Annual Appreciation
-4.81%
Original Mortgage
$295,000
Outstanding Balance
$255,636
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$62,682

Purchase Details

Closed on
Mar 20, 2010
Sold by
Liu William and Liu Jane Doan Thuong
Bought by
Liu William and Liu Jane Doan Thuong

Purchase Details

Closed on
Feb 7, 2005
Sold by
Snk 9Th & Franklin Llc
Bought by
Liu William and Liu Jane D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Lau Jacob $370,000 Old Republic Title
Liu William -- None Available
Liu William $284,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Jacob $295,000
Previous Owner Liu William $125,000
Previous Owner Liu William $227,200
Closed Liu William $28,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $370,000 -- --
07/20/2022 07/20/22 Sold $370,000 -2.4% $694 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
05/13/2022 05/13/22 Price Changed $379,000 -2.6% $711 / Sq Ft
03/17/2022 03/17/22 For Sale $389,000 -- $730 / Sq Ft
Source: Bay East Association of REALTORS®

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 $6,757 $384,947 $115,484 $269,463
2024 $6,757 $377,400 $113,220 $264,180
2023 $7,017 $370,000 $111,000 $259,000
2022 $6,937 $373,007 $111,902 $261,105
2021 $6,566 $365,694 $109,708 $255,986
2020 $6,495 $361,945 $108,583 $253,362
2019 $6,207 $354,851 $106,455 $248,396
2018 $5,979 $347,897 $104,369 $243,528
2017 $5,673 $341,077 $102,323 $238,754
2016 $5,446 $334,392 $100,317 $234,075
2015 $4,878 $290,000 $87,000 $203,000
2014 $4,388 $250,000 $75,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40984158

Bay East Association of REALTORS®

APN: 002-0103-003-00