NOT LISTED FOR SALE

1243 Martin Luther King jr Way Berkeley, CA 94709

North Berkeley Neighborhood

Estimated Value: $1,533,000 - $2,048,321

3 Beds
1 Bath
1,569 Sq Ft
$1,122/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,950,000 $1,243 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $12,218/month

13 Days on Market

Highlights

  • View of Trees or Woods
  • Updated Kitchen
  • Mediterranean Architecture
  • Berkeley Arts Magnet at Whittier School Rated A
  • Wood Flooring
  • Stone Countertops

About This Home

As of May 2023

Majestic Mediterranean in the heart of North Berkeley. Urban dwellers, ideal location close to Monterey Market, Solano Avenue, Gourmet District, Live Oak Park, North Berkeley Library and more. Three bedrooms and one updated bathroom. Home features an eat-in Chef's kitchen. Kitchen has been updated and has a kitchen island, stainless appliances and is open to a formal dining area. Relax in a light filled living room that opens to a sunny terrace perched above the street below. Living room has an original fireplace with "Arts and Crafts" tile and it is flanked by period bookshelves. This split-level bungalow has two bedrooms with custom built-ins. A third bedroom with French doors opening to lush mature gardens. There is an artisan pond with waterfall and a large patio for dining under the stars. Plenty of room for play and gardening. The home has a storage area and large garage. Although no car is needed for this conveniently located home. Blocks to all transportation, dining, top rated schools, shopping and UC Berkeley. Come enjoy the best of the East Bay!

Last Agent to Sell the Property

Theresa Hope Broderick

The Agency License #01298281 Listed on: 04/26/2023

The Agency

Co-Listed By

Aaron Smith

The Agency License #02189531

Last Buyer's Agent

Patricia Maloney

The GRUBB Company License #02145975

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,783

Year Built

  • Built in 1924

Lot Details

  • 5,400 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Terraced Lot
  • Sprinklers Throughout Yard
  • Garden
  • Back Yard Fenced and Front Yard

Parking

  • 1 Car Garage
  • Garage Door Opener

Property Views

  • Woods
  • Trees

Home Design

  • Mediterranean Architecture
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Shingle
  • Stucco

Interior Spaces

  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Partial Basement
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Indoor Grill
  • Gas Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Outdoor Storage

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Built by Charming
  • North Berkeley Subdivision, Mediterranean Floorplan

Listing and Financial Details

  • Assessor Parcel Number 60244920

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,783

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1924
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: OBOCOMP
  • Subdivision Name: NORTH BERKELEY
  • Directions: MLK at rose
  • Architectural Style: Mediterranean
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: Crawl Space, Partial
  • Appliances: Dishwasher, Disposal, Gas Range, Grill Built-in, Refrigerator, Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Unfinished Room, Breakfast Bar, Breakfast Nook, Counter - Solid Surface, Stone Counters, Eat-in Kitchen, Pantry, Updated Kitchen
  • Room Kitchen Features: Breakfast Bar, Breakfast Nook, Counter - Solid Surface, Counter - Stone, Dishwasher, Eat In Kitchen, Garbage Disposal, Gas Range/Cooktop, Grill Built-in, Pantry, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Fenced, Wood
  • Lot Features: Sloped Down
  • Pool Features: None
  • Pool Private: No
  • View: Trees/Woods
  • View: Yes
  • Builder Name: Charming
  • Construction Type: Composition Shingles, Concrete, Siding - Stucco, Stucco, Frame
  • Exterior Features: Back Yard, Entry Gate, Front Yard, Garden/Play, Side Yard, Garden, Landscape Back, Landscape Front, Low Maintenance, Private Entrance, Sprinklers Automatic, Sprinklers Back, Sprinklers Front, Sprinklers Side, Storage, Terraced Back, Storage Area, Yard Space
  • Foundation Details: Raised
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 1

Utilities

  • Heating: Forced Air
  • Utilities: Irrigation Connected, All Public Utilities, Cable Available, DSL Available, Internet Available, Natural Gas Available, Natural Gas Connected, Master Gas Meter
  • Cooling: None
  • Laundry Features: Dryer, In Basement, Washer, Stacked Only
  • Security: Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Schools

  • Senior High School District: Berkeley (510) 644-6150

Lot Info

  • Lot Size Sq Ft: 5400
  • Parcel Number: 60244920
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2023
Closed on
May 18, 2023
Sold by
Fruhwirth Steven A and Fruhwirth Anna M
Bought by
Serber William and Ramakrishnan Prabha
Seller's Agent
Theresa Hope Broderick
The Agency
Buyer's Agent
Patricia Maloney
The GRUBB Company
List Price
$1,395,000
Sold Price
$1,950,000
Premium/Discount to List
$555,000
39.78%
Views
65
Current Estimated Value
$1,793,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$156,984
Avg. Annual Appreciation
-3.78%
Original Mortgage
$1,170,000
Outstanding Balance
$1,143,637
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$649,379

Purchase Details

Closed on
Nov 18, 2009
Sold by
Fruhwirth Steven A and Tokumoto Anna M
Bought by
Fruhwirth Steven A and Tokumoto Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$688,500
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2005
Sold by
Starr Karen
Bought by
Fruhwirth Steven A and Tokumoto Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,200
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 4, 2003
Sold by
Bruck David R
Bought by
Starr Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2003
Sold by
Ong Ryan John T and Ong Ryan Melissa
Bought by
Starr Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 1996
Sold by
Bramstedt Marie and Bramstedt David
Bought by
Ong Ryan John T and Ong Ryan Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,500
Interest Rate
7.86%
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
Serber William $1,950,000 Old Republic Title Company
Fruhwirth Steven A -- Old Republic Title Company
Fruhwirth Steven A $902,836 Chicago Title Co
Starr Karen -- Old Republic Title Company
Starr Karen $670,000 Old Republic Title Company
Ong Ryan John T $225,500 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serber William $1,170,000
Previous Owner Fruhwirth Steven A $625,500
Previous Owner Fruhwirth Steven A $679,010
Previous Owner Fruhwirth Steven A $688,500
Previous Owner Fruhwirth Steven A $722,200
Previous Owner Starr Karen $125,000
Previous Owner Starr Karen $618,750
Previous Owner Starr Karen $500,000
Previous Owner Ryan John T $254,000
Previous Owner Ryan John $90,000
Previous Owner Ryan John $90,000
Previous Owner Ryan John T $291,500
Previous Owner Ong Ryan John T $195,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,950,000 -- --
05/31/2023 05/31/23 Sold $1,950,000 +39.8% $1,243 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
04/26/2023 04/26/23 For Sale $1,395,000 -- $889 / 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 $27,783 $1,989,000 $596,700 $1,392,300
2023 $17,941 $1,185,746 $355,671 $830,075
2022 $17,629 $1,155,499 $348,698 $813,801
2021 $17,678 $1,132,712 $341,863 $797,849
2020 $16,752 $1,128,030 $338,359 $789,671
2019 $16,119 $1,105,920 $331,727 $774,193
2018 $15,855 $1,084,244 $325,225 $759,019
2017 $15,315 $1,062,992 $318,850 $744,142
2016 $14,847 $1,042,155 $312,600 $729,555
2015 $14,651 $1,026,509 $307,907 $718,602
2014 $13,306 $910,000 $273,000 $637,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41025371

bridgeMLS

APN: 060-2449-020-00