Seller's Agent in 2023
Seth Franklin
Red Oak Realty
(510) 847-5673
3 in this area
42 Total Sales
1275 Berkeley Way Berkeley, CA 94702
Fourth Street-Berkeley Marina NeighborhoodEstimated Value: $1,097,000 - $1,486,000
3
Beds
3
Baths
1,737
Sq Ft
$740/Sq Ft
Est. Value
Highlights
- Wood Flooring
- No HOA
- Garden
- Rosa Parks Elementary School Rated A
- Fireplace
- Forced Air Heating System
About This Home
As of March 2023What makes “the Berkeley Way” different? To us, it means doing well by doing good, & that is what 1275 Berkeley Way is all about. In the heart of Berkeley, just off University Avenue & 3 blocks from North Berkeley BART, you will find 2 structures, & something special. The front unit is a 2 bedroom, 1 bath with all the classic touches. The price is transparent. When this property was donated by the previous owner to a Tibetan Meditation School, they asked that their friend be allowed to continue living in the back unit, rent free. So, you have a rare opportunity to do well by doing good. Your money goes to support a charity, & you will be providing a place to live for someone in their golden years. When the current resident opens the door to the next phase of her life, you will have the chance to rent out the unit to those who need it, or to share the space with your loved ones and community.* By doing the right thing now, you will reap the future rewards. That's what we mean by “the Berkeley Way”. It means living in a community where you can do well while doing the right thing. *Neither seller nor listing agent has investigated or verified the accuracy of any of these sources of information nor guarantee any short term, nor increase in future long term, rental income
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,804
Year Built
- Built in 1942
Lot Details
- 4,249 Sq Ft Lot
- Garden
- Back and Front Yard
Home Design
- Duplex
- Stucco
Interior Spaces
- Fireplace
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Dryer
- Washer
Parking
- 1 Parking Space
- Off-Street Parking
Utilities
- Forced Air Heating System
- Wall Furnace
- Gas Water Heater
Community Details
- No Home Owners Association
- 1,737 Sq Ft Building
- Bridge Aor Association
- Central Berkeley Subdivision
Listing and Financial Details
- Assessor Parcel Number 57208114
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 11, 2023
Closed on
Feb 28, 2023
Sold by
Naranjo Family Trust
Bought by
Head Lama Of The Tibetan Myingmapa Meditation
Seller's Agent
Seth Franklin
Red Oak Realty
Buyer's Agent
John Seravic
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Total Days on Market
43
Views
188
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,304
Avg. Annual Appreciation
13.50%
Purchase Details
Listed on
Jan 11, 2023
Closed on
Feb 27, 2023
Sold by
Head Lama Of The Tibetan Nyingmapa Medit
Bought by
Lopez-Tello Esperanza and Lopez-Tello Carmen
Seller's Agent
Seth Franklin
Red Oak Realty
Buyer's Agent
John Seravic
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Views
188
Purchase Details
Closed on
Sep 15, 2020
Sold by
Petranker Jack and The Claudio Naranjo Family Tru
Bought by
Head Lama Of Tibetan Nyingmapa Meditatio
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lopez-Tello Esperanza | $950,000 | Old Republic Title Company | |
| Head Lama Of Tibetan Nyingmapa Meditatio | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Naranjo Claudio B | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $950,000 | -- | -- |
| 03/06/2023 03/06/23 | Sold | $950,000 | -3.6% | $547 / Sq Ft |
| 02/23/2023 02/23/23 | Pending | -- | -- | -- |
| 02/09/2023 02/09/23 | Price Changed | $985,000 | +9.6% | $567 / Sq Ft |
| 01/11/2023 01/11/23 | For Sale | $899,000 | -- | $518 / Sq Ft |
Source: bridgeMLS
Tax History Compared to Growth
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 | $15,804 | $962,000 | $290,700 | $678,300 |
| 2023 | $16,098 | $998,611 | $525,585 | $473,026 |
| 2022 | $15,978 | $979,032 | $515,280 | $463,752 |
| 2021 | $16,022 | $959,842 | $505,180 | $454,662 |
| 2020 | $15,240 | $950,000 | $500,000 | $450,000 |
| 2019 | $5,094 | $149,364 | $71,656 | $77,708 |
| 2018 | $4,946 | $146,436 | $70,251 | $76,185 |
| 2017 | $4,745 | $143,565 | $68,874 | $74,691 |
| 2016 | $4,471 | $140,751 | $67,524 | $73,227 |
| 2015 | $4,378 | $138,637 | $66,510 | $72,127 |
| 2014 | $4,283 | $135,922 | $65,207 | $70,715 |
Source: Public Records
Agents Affiliated with this Home
-
Seth Franklin
-
Denitsa Shopova
Seller Co-Listing Agent in 2023
Denitsa Shopova
Kw Advisors East Bay
3 in this area
17 Total Sales
-
John Seravic
Buyer's Agent in 2023
John Seravic
(415) 987-0332
1 in this area
40 Total Sales
Map
Similar Homes in the area
Source: bridgeMLS
MLS Number: 41016866
APN: 057-2081-014-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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