NOT LISTED FOR SALE

Estimated Value: $875,000 - $1,012,000

3 Beds
3 Baths
1,512 Sq Ft
$609/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $870,000 $575 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,017/month

38 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Greenhouse Windows
  • Washington Elementary School Rated A
  • No HOA
  • 3-minute walk to Bancroft Community Garden

About This Home

As of September 2022

Co-housing alert! Once a thriving example of urban regenerative & sustainable farming, this controversial but community-friendly haven w/past rooftop oasis, was a central Berkeley bastion of civil disobedience circa late 1990's. Gary Rosenberg purchased the home & spent 20yrs installing demonstration green energy & agricultural systems and intensively planting an organic food forest to sustain not only people in a healthy environment, but also the entire spectrum of the ecosystem. The property demonstrates a model for sustainable living in an urban environment. This vintage 3-unit eclectic compound w/its jardin sauvage continues to provide over 20 varieties of organic fruit. Centrally located within close proximity to CAL, Strawberry Creek Park, restaurants, shops, and freeway access, 1401 Bancroft Way is poised for market rate rents and is in need of a new Earth-respecting steward to restore the roof garden and shepherd the home to the next level of sustainability. Seller financing!

Last Listed By

Sara Garabedian

Red Oak Realty License #00931842 Listed on: 07/15/2022

Red Oak Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,541

Year Built

  • Built in 1924

Lot Details

  • 3,200 Sq Ft Lot
  • Corner Lot
  • Rectangular Lot
  • Garden

Home Design

  • Triplex
  • Wood Siding

Interior Spaces

  • Greenhouse Windows

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Car Garage
  • Off-Street Parking

Utilities

  • Floor Furnace
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 1,512 Sq Ft Building
  • Bridge Aor Association
  • Poets Corner Subdivision

Listing and Financial Details

  • Assessor Parcel Number 56199833

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,541

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Year Built: 1924
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.07
  • Co List Office Mls Id: OBBREDO 02
  • Subdivision Name: POETS CORNER
  • Directions: Sacramento to Bancroft
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile, Wood
  • Basement: None
  • Appliances: Gas Water Heater, Tankless Water Heater
  • Total Bedrooms: 3
  • Interior Amenities: Tub w/Shower Over
  • Window Features: Greenhouse Window(s)

Exterior Features

  • Lot Features: Corner Lot, Level, Regular, See Remarks
  • Construction Type: Wood Siding, Other, Siding - Other
  • Exterior Features: Garden, See Remarks

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage, Off Street, Space Per Unit - 1, See Remarks
  • Total Parking Spaces: 3

Utilities

  • Heating: Floor Furnace
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Other Solar

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 3200
  • Parcel Number: 56199833
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2024
Sold by
Mao Xuefang
Bought by
Xuefang Mao Revocable Living Trust and Mao
Total Days on Market
38
Current Estimated Value
$921,311

Purchase Details

Listed on
Jul 15, 2022
Closed on
Sep 27, 2022
Sold by
Rosenberg Gary F
Bought by
Mao Xue Fang
Seller's Agent
Sara Garabedian
Red Oak Realty
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$1,079,000
Sold Price
$870,000
Premium/Discount to List
-$209,000
-19.37%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.15%
Original Mortgage
$450,000
Interest Rate
5.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 27, 1998
Sold by
Aames Capital Corp
Bought by
Rosenberg Gary F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
6.91%

Purchase Details

Closed on
Jun 11, 1998
Sold by
Taylor Samuel
Bought by
Aames Capital Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
6.91%

Purchase Details

Closed on
Feb 27, 1997
Sold by
Taylor Samuel
Bought by
Goodman Earline

Purchase Details

Closed on
Jul 17, 1996
Sold by
Franklin Kyle K
Bought by
Taylor Samuel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
14.99%

Purchase Details

Closed on
Jan 2, 1996
Sold by
Taylor Samuel A
Bought by
Franklin Kyle K and Taylor Samuel A

Purchase Details

Closed on
Dec 15, 1995
Sold by
Taylor Arvella
Bought by
Taylor Samuel A

Purchase Details

Closed on
Mar 31, 1995
Sold by
Taylor William
Bought by
Taylor Arvella and Taylor Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,250
Interest Rate
10.99%

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
Xuefang Mao Revocable Living Trust -- None Listed On Document
Mao Xue Fang $870,000 First American Title
Rosenberg Gary F $159,000 Fidelity National Title Co
Aames Capital Corp $159,101 Fidelity National Title Ins
Goodman Earline -- --
Taylor Samuel A $46,000 First California Title Co
Franklin Kyle K -- --
Taylor Samuel A -- North American Title
Taylor Arvella $140,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mao Xue Fang $450,000
Previous Owner Rosenberg Gary F $250,000
Previous Owner Rosenberg Gary F $200,000
Previous Owner Rosenberg Gary F $250,000
Previous Owner Rosenberg Gary F $190,000
Previous Owner Rosenberg Gary F $127,200
Previous Owner Taylor Samuel A $162,000
Previous Owner Taylor Arvella $140,250
Closed Taylor Samuel A $21,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $870,000 -- --
09/30/2022 09/30/22 Sold $870,000 -11.1% $575 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $979,000 -9.3% $647 / Sq Ft
07/15/2022 07/15/22 For Sale $1,079,000 -- $714 / 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 $13,541 $887,400 $266,220 $621,180
2023 $13,265 $870,000 $261,000 $609,000
2022 $5,430 $227,877 $70,463 $164,414
2021 $5,416 $223,273 $69,082 $161,191
2020 $5,032 $227,911 $68,373 $159,538
2019 $4,726 $223,444 $67,033 $156,411
2018 $4,611 $219,063 $65,719 $153,344
2017 $4,418 $214,768 $64,430 $150,338
2016 $4,200 $210,558 $63,167 $147,391
2015 $4,133 $207,395 $62,218 $145,177
2014 $4,253 $203,333 $61,000 $142,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41001891

bridgeMLS

APN: 056-1998-033-00