NOT LISTED FOR SALE

Estimated Value: $789,001 - $813,000

4 Beds
2 Baths
1,604 Sq Ft
$502/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $841,000 $524 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,998/month

264 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Back Yard
  • Ruth Acty Elementary Rated A
  • Heating System Uses Natural Gas

About This Home

As of April 2024

1037 Cedar Street Duplex! You’ll live upstairs, and the renter helps with your monthly payments. New Transparent Price! Thinking about a condo but concerned about pet or rental restrictions … or dealing with HOA dues or board members? It’s about the same size as a 2 br condo, and you’re in control - no condo association to tell you what you can, or can’t do. Check with your tax advisor about the tax benefits of rental ownership! Updated Berkeley duplex near Gilman District, Acme Bread, Kermit Lynch Wines, Bartavelle and Berkeley's wonderful 4th Street shopping area. Gorgeously redone owner's upper unit delivered vacant, ready for immediate move-in and features: New exterior paint; new staircases & deck built with permits; separate meters; Two bedrooms, one bath, living room, large kitchen and dining area; refinished wood floors; new interior paint; new stainless appliances and stove vent hood and backsplash; new lighting fixtures, cabinetry, counters, sink fixtures and gas heater; relax on the back deck and enjoy the great big back garden The 2 bedroom 1 bath lower rental unit is has a long-time renter (Please do not disturb); Berkeley Rent Stabilization Board and just cause eviction controls govern city rentals.

Last Listed By

Ira & Carol Serkes

Compass License #00936453 Listed on: 05/19/2023

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,433

Year Built

  • Built in 1914

Lot Details

  • 2,500 Sq Ft Lot
  • Back Yard

Home Design

  • Duplex
  • Composition Shingle

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • No Washer or Dryer Hookups
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 1,604 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 5923105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,433

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Year Built: 1914
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Co List Office Mls Id: OBBPACUN 01
  • Directions: Cedar & San Pablo Ave west of SP
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: None
  • Total Bedrooms: 4
  • Door Features: Mirrored Closet Door(s)
  • Fireplace: No

Exterior Features

  • Lot Features: Level, Back Yard
  • View: None
  • View: No
  • Construction Type: Composition Shingles
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Heating: Natural Gas
  • Cooling: No Air Conditioning
  • Laundry Features: No Hookups
  • 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: 5923105
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2023
Closed on
Mar 29, 2024
Sold by
Serkes Ira M and Revocabl Carol
Bought by
Zareef Abdul Q
Seller's Agent
Ira & Carol Serkes
Compass
Buyer's Agent
Andrew Bagasbas
Luxe Realty Group
List Price
$845,000
Sold Price
$841,000
Premium/Discount to List
-$4,000
-0.47%
Total Days on Market
264
Views
618
Current Estimated Value
$804,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,250
Avg. Annual Appreciation
-4.11%
Original Mortgage
$825,767
Outstanding Balance
$817,281
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
-$12,531

Purchase Details

Closed on
Nov 15, 2018
Sold by
Serkes Ira M and Serkes Carol A
Bought by
Serkes Ira M and Serkes Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2006
Sold by
Serkes Ira M and Serkes Carol A
Bought by
Serkes Ira M and Serkes Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,000
Interest Rate
6.22%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 19, 2004
Sold by
Serkes Ira M and Serkes Carol A
Bought by
Serkes Ira M and Serkes Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
5.45%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 6, 2003
Sold by
Serkes Ira Mark
Bought by
Serkes Ira M and Serkes Carol A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,726
Interest Rate
6.06%
Mortgage Type
Seller Take Back

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zareef Abdul Q $841,000 Chicago Title
Serkes Ira M -- Chicago Title Company
Serkes Ira M -- Chicago Title Company
Serkes Ira M -- Chicago Title Co
Serkes Ira M -- Chicago Title Co
Serkes Ira M -- Placer Title Company
Serkes Ira M -- Placer Title Company
Serkes Ira M -- Old Republic Title Company
Serkes Ira M -- Old Republic Title Company
Serkes Ira M $108,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zareef Abdul Q $825,767
Previous Owner Serkes Ira M $556,000
Previous Owner Serkes Ira M $558,000
Previous Owner Serkes Ira M $329,700
Previous Owner Serkes Ira M $394,000
Previous Owner Serkes Ira M $395,000
Previous Owner Serkes Ira M $21,726
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $841,000 -- --
04/15/2024 04/15/24 Sold $841,000 -0.5% $524 / Sq Ft
02/07/2024 02/07/24 Pending -- -- --
01/24/2024 01/24/24 For Sale $845,000 0.0% $527 / Sq Ft
01/20/2024 01/20/24 Pending -- -- --
01/20/2024 01/20/24 Price Changed $845,000 -3.4% $527 / Sq Ft
10/18/2023 10/18/23 Price Changed $875,000 -7.9% $546 / Sq Ft
08/22/2023 08/22/23 Price Changed $950,000 -2.6% $592 / Sq Ft
07/17/2023 07/17/23 Price Changed $975,000 -2.5% $608 / Sq Ft
06/29/2023 06/29/23 Price Changed $1,000,000 -4.8% $623 / Sq Ft
06/21/2023 06/21/23 Price Changed $1,050,000 -4.5% $655 / Sq Ft
05/19/2023 05/19/23 For Sale $1,100,000 -- $686 / 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
2024 $6,433 $281,641 $84,194 $197,447
2023 $6,278 $276,121 $82,544 $193,577
2022 $6,118 $270,707 $80,926 $189,781
2021 $6,099 $265,400 $79,339 $186,061
2020 $5,663 $262,681 $78,526 $184,155
2019 $8,460 $257,532 $76,987 $180,545
2018 $8,222 $252,483 $75,478 $177,005
2017 $7,925 $247,534 $73,998 $173,536
2016 $7,580 $242,682 $72,548 $170,134
2015 $7,424 $239,038 $71,458 $167,580
2014 $7,370 $234,357 $70,059 $164,298
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Similar Homes in the area

  • 1406 Kains Ave, Berkeley, CA 94702

    $849,000

    • 5 Beds
    • 2 Baths
    • 2,076 Sq Ft
    • 1406 Kains Ave
    • Berkeley, CA

    Westbrae Fixer! Don’t miss this 1908 farmhouse in Berkeley's wonderful Westbrae. It has so much potential for renovation and development!* The property is a legal duplex on a 5000 square foot level lot (per public record), with a large outbuilding across the back. The upper 2+ bedroom, 1 bath flat has original wood floors, tall ceilings, great light, laundry porch, and a huge attic. Live in the

    Tracy Davis Red Oak Realty

    Section Image
  • Unlisted Address

    $989,000

    • 3 Beds
    • 2 Baths
    • 1,707 Sq Ft

    Nestled in one of Berkeley’s most desirable neighborhoods, this delightful two-unit property offers comfort, versatility, and unbeatable location—right across the street from the lush and lively San Pablo Park. The front unit has been tastefully updated and features 2 spacious bedrooms, walk-in closet, 1 full bathroom, newer laminate floors, granite countertops, and an abundance of natural light

    Matthew Thomas Atlas Prime Real Estate Inc.

    Section Image
  • 1345 Ward St, Berkeley, CA 94702

    $979,000

    • 2 Beds
    • 1 Bath
    • 1,723 Sq Ft
    • 1345 Ward St
    • Berkeley, CA

    Two homes on one parcel. Houses 3/1 and 2/1. May differ from the public record. Live in one and keep the renters in the other. Many original features that need to be updated. Bring your creative talents and turn this house into your home. Near San Pablo park and everything Berkeley. Buyer must be accompanied by Realtor to view either house. Matterport link:

    Michael Stephens Corcoran Icon Properties

    Section Image
  • 1604 Derby St, Berkeley, CA 94703

    $825,000

    • 6 Beds
    • 2 Baths
    • 1,872 Sq Ft
    • 1604 Derby St
    • Berkeley, CA

    Discover the potential of this Berkeley duplex, a fantastic fixer-upper with dual-income opportunities and abundant possibilities. One unit is currently vacant, offering you the freedom to renovate or move in, while the other unit is tenant-occupied, providing immediate rental income. The property features a spacious backyard, perfect for outdoor gatherings or gardening, and includes convenient

    Esteban Sandoval Rodriguez Compass

    Section Image
  • 2914 Lorina St, Berkeley, CA 94705

    $995,000

    • 3 Beds
    • 2 Baths
    • 2,118 Sq Ft
    • 2914 Lorina St
    • Berkeley, CA

    Welcome to 2914 Lorina Street, a charming duplex located in the vibrant city of Berkeley. This versatile property offers a unique opportunity for both homeowners and investors, with a total of 2,118 square feet of living space. The property features two distinct units, each thoughtfully designed to provide comfort and convenience. The owner's unit boasts two spacious bedrooms and one bathroom.

    Tom Watson Corcoran Icon Properties

    Section Image

Source: bridgeMLS

MLS Number: 41027965

bridgeMLS

APN: 059-2310-005-00