NOT LISTED FOR SALE

Estimated Value: $1,233,184 - $2,244,000

6 Beds
4 Baths
6,760 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $2,400,000 $355 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $11,637/month

27 Days on Market

Highlights

  • 0.25 Acre Lot
  • No HOA
  • Heating Available
  • Berkeley Arts Magnet at Whittier School Rated A
  • Cooling Available

About This Home

As of November 2023

www.1321JosephineSt.com; Showing: SUN 8/13 FROM 12-2PM; Eight Units Comprised of One 3bd/1bth, One 2bd/2bth, Four 2bd/1bth, One 1bd/1bth, and One Studio; Two Parcels Set on a 10,800 SF Lot, Boasting Five 1-Car Garages & Onsite Coin-Operated Laundry; Ability to Fund Eight Units w/ 30-year Fixed Residential Financing; Current Rents Roughly 40% Below Market Rate - Presenting a Huge Opportunity for Rental Upside Upon Turnover, Capital Improvement Pass Throughs, or Buyouts; Prime North Berkeley Location, Near Award-Winning Restaurants, Public Transportation & BART; Email Agent on Website for Marketing Package.

Last Listed By

Steven Pinza

License #01867691 Listed on: 07/19/2023

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $20,948

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 6,760 Sq Ft Building
  • Bridge Aor Association

Property Details

Home Type

Apartment

Est. Annual Taxes

$20,948

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Year Built: 1954
  • Property Sub Type: Apt Complex
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.25
  • Directions: Google Maps
  • Carport Y N: No
  • Garage Yn: No
  • Skirt: ["Other"]
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement: Other
  • Other Equipment: Other

Exterior Features

  • Lot Features: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

  • Heating: Other
  • Utilities: Other Water/Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Other

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 10800
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Oct 25, 2023
Sold by
Yadegar Melanie
Bought by
Yadegar Jahanshah
Seller's Agent
Steven Pinza
Buyer's Agent
Steven Pinza
List Price
$2,595,000
Sold Price
$2,400,000
Premium/Discount to List
-$195,000
-7.51%
Total Days on Market
27
Views
44
Current Estimated Value
$1,775,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$624,454
Avg. Annual Appreciation
-18.20%
Original Mortgage
$726,201
Outstanding Balance
$715,080
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,060,466

Purchase Details

Listed on
Jul 19, 2023
Closed on
Oct 19, 2023
Sold by
Marcus S Ingram Trust and Vera I Lewis Trust
Bought by
Yadegar Jahanshah and Yadegar Benjamin Nima
Seller's Agent
Steven Pinza
Buyer's Agent
Steven Pinza
List Price
$2,595,000
Sold Price
$2,400,000
Premium/Discount to List
-$195,000
-7.51%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,201
Outstanding Balance
$715,080
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,060,466

Purchase Details

Listed on
Jul 19, 2023
Closed on
Oct 12, 2023
Sold by
Josephine Properties Llc
Bought by
Marcus S Ingram Trust and Laurie D Ingram Decanting Trust
Seller's Agent
Steven Pinza
Buyer's Agent
Steven Pinza
List Price
$2,595,000
Sold Price
$2,400,000
Premium/Discount to List
-$195,000
-7.51%
Views
44

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,201
Outstanding Balance
$715,080
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$1,060,466

Purchase Details

Closed on
Jul 6, 2020
Sold by
Ingram Gary M and Ingram Curt A
Bought by
Ingram Gary M and Ingram Curt A

Purchase Details

Closed on
Jul 4, 2020
Sold by
Ingram Gary M and Ingram Curt A
Bought by
Josephine Properties Llc

Purchase Details

Closed on
Mar 17, 2020
Sold by
Ingram Laurie D and Laurie D Ingram Trust
Bought by
Ingram Laurie D and Schneider Deborah Elizabeth

Purchase Details

Closed on
Sep 4, 2012
Sold by
Ingram Alex and Trust Of Alex Ingram & Ruth T
Bought by
Ingram Alex and Ingram Family Bypass Trust

Purchase Details

Closed on
Jan 13, 1998
Sold by
Ingram Alexander and Ingram Alexander
Bought by
Ingram Alex and Ingram Ruth T

Purchase Details

Closed on
Apr 30, 1997
Sold by
Ingram Laurie D and Ingram Alexander
Bought by
Ingram Alexander and Ingram Alexander

Range of Values:

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Average Value
Not Available
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
Yadegar Jahanshah -- Chicago Title
Yadegar Jahanshah $1,200,000 Chicago Title
Marcus S Ingram Trust -- None Listed On Document
Ingram Gary M -- None Available
Josephine Properties Llc -- None Available
Ingram Laurie D -- None Available
Ingram Alex -- None Available
Ingram Alex -- --
Ingram Alexander -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yadegar Jahanshah $726,201
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $2,400,000 -- --
11/02/2023 11/02/23 Sold $2,400,000 -7.5% $355 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $2,595,000 -- $384 / 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 $20,948 $1,200,000 $360,000 $840,000
2023 $7,573 $105,339 $54,908 $50,431
2022 $7,287 $103,274 $53,832 $49,442
2021 $7,205 $101,248 $52,776 $48,472
2020 $6,449 $100,211 $52,235 $47,976
2019 $5,792 $98,246 $51,211 $47,035
2018 $5,607 $96,320 $50,207 $46,113
2017 $5,369 $94,432 $49,223 $45,209
2016 $4,931 $92,580 $48,258 $44,322
2015 $4,826 $91,190 $47,533 $43,657
2014 $4,907 $89,403 $46,602 $42,801
Source: Public Records

Agents Affiliated with this Home

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Source: bridgeMLS

MLS Number: 41033610

bridgeMLS

APN: 060-2447-027-00