NOT LISTED FOR SALE

1340 Martin Luther King jr Way Berkeley, CA 94709

North Berkeley Neighborhood

Estimated Value: $1,355,000 - $1,849,755

3 Beds
1.5 Baths
1,392 Sq Ft
$1,137/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $1,500,000 $1,078 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,661/month

11 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Wood Flooring
  • Berkeley Arts Magnet at Whittier School Rated A
  • Recreation Room
  • Solid Surface Countertops

About This Home

As of September 2018

This oasis is nestled in North Berkeley’s Gourmet Ghetto, steps from parks, the library, markets, public transportation, shops and cafes. Through an inviting entryway the living room features wall-height bay window and original fireplace. Off the dining room, with a gorgeous built-in, a short hall leads to three bedrooms and a full bath. A spacious remodeled eat-in kitchen has abundant countertops and high-end stainless steel appliances including a Thermador stove. A few steps down from the kitchen is a plus room with half-bath that works great as a private guest room or office. Double french doors draw you directly from the kitchen to a level-out redwood deck with space for a large table, a grill and a full-sized in-ground pool and jacuzzi. The heated pool was highly prized by the sellers and used from April through November.

Last Listed By

Sarah Ridge

District Homes License #01990459 Listed on: 08/24/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,664

Year Built

  • Built in 1925

Lot Details

  • 5,400 Sq Ft Lot
  • Fenced
  • Rectangular Lot
  • Backyard Sprinklers
  • Garden
  • Back Yard

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Shingle Roof
  • Stucco

Interior Spaces

  • Multi-Level Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Den
  • Recreation Room
  • Property Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Range
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer
  • 220 Volts In Laundry

Pool

  • In Ground Pool
  • Gas Heated Pool
  • Spa
  • Pool Cover

Outdoor Features

  • Shed

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electricity To Lot Line
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • North Berkeley Subdivision, California Bungalow Floorplan

Listing and Financial Details

  • Assessor Parcel Number 60244714

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,664

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Subdivision Name: NORTH BERKELEY
  • Directions: Rose to MLK
  • Architectural Style: Bungalow
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Multi/Split
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Concrete, Hardwood, Tile
  • Basement: Crawl Space
  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Dryer, Washer, Tankless Water Heater
  • Accessibility Features: None
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Den, Family Room, Rec/Rumpus Room, Counter - Solid Surface, Eat-in Kitchen, Updated Kitchen
  • Room Kitchen Features: Counter - Solid Surface, Dishwasher, Eat In Kitchen, Garbage Disposal, Gas Range/Cooktop, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Lot Features: Regular, Other
  • Pool Features: Gas Heat, In Ground, Pool Cover, Spa
  • Pool Private: No
  • View: Other
  • View: Yes
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Garden/Play, Sprinklers Automatic, Sprinklers Back, Storage
  • Other Structures: Shed(s)
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: 220 Volt Outlet, Laundry Closet
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • 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: 60244714
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Sep 21, 2018
Sold by
Bloom Joshua Simon and Bellomo Ana Victoria
Bought by
Kalna Reed and Kalna Reanna Bianca Miranda
Seller's Agent
Sarah Ridge
District Homes
Buyer's Agent
Marie Carr
Sotheby's International Realty
List Price
$1,115,000
Sold Price
$1,500,000
Premium/Discount to List
$385,000
34.53%
Total Days on Market
11
Current Estimated Value
$1,582,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,189
Avg. Annual Appreciation
2.84%
Original Mortgage
$1,200,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2013
Sold by
Bloom Joshua S and Bellomo Victoria
Bought by
Bloom Joshua Simon and Bellomo Ana Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2010
Sold by
Bloom Joshua Simon
Bought by
Bloom Joshua Simon and Bellomo Ana Victoria

Purchase Details

Closed on
Jun 17, 2005
Sold by
Shain Charles H
Bought by
Bloom Joshua Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2005
Sold by
Bellomo Ana Victoria
Bought by
Bloom Joshua Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2004
Sold by
Shain Charles H
Bought by
Charles H Shain Living Trust

Purchase Details

Closed on
Apr 29, 1998
Sold by
Shain Odessa B
Bought by
Shain Charles H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.17%
Mortgage Type
Credit Line Revolving

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
Kalna Reed $1,500,000 Chicago Title Company
Bloom Joshua Simon -- Old Republic Title Company
Bloom Joshua S -- Old Republic Title Company
Bloom Joshua Simon -- None Available
Bloom Joshua Simon $750,000 First American Title Co
Bloom Joshua Simon -- First American Title Co
Charles H Shain Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalna Reed $1,182,000
Closed Kalna Reed $1,197,000
Closed Kalna Reed $1,200,000
Previous Owner Bloom Joshua S $614,000
Previous Owner Bloom Joshua Simon $675,000
Previous Owner Shain Charles H $225,000
Previous Owner Shain Charles H $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,500,000 -- --
09/25/2018 09/25/18 Sold $1,500,000 +34.5% $1,078 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $1,115,000 -- $801 / 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 $22,664 $1,633,444 $492,133 $1,148,311
2023 $22,222 $1,608,284 $482,485 $1,125,799
2022 $21,892 $1,569,754 $473,026 $1,103,728
2021 $21,990 $1,538,840 $463,752 $1,082,088
2020 $20,983 $1,530,000 $459,000 $1,071,000
2019 $20,349 $1,500,000 $450,000 $1,050,000
2018 $13,273 $918,741 $275,622 $643,119
2017 $12,813 $900,734 $270,220 $630,514
2016 $12,438 $883,080 $264,924 $618,156
2015 $12,276 $869,820 $260,946 $608,874
2014 $11,247 $780,000 $234,000 $546,000
Source: Public Records

Agents Affiliated with this Home

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Source: bridgeMLS

MLS Number: 40835830

bridgeMLS

APN: 060-2447-014-00