NOT LISTED FOR SALE

150 Panoramic Way Berkeley, CA 94704

Estimated Value: $1,464,000 - $2,960,000

4 Beds
5 Baths
3,887 Sq Ft
$542/Sq Ft Est. Value

Last Sold September 11, 2023

Last sale price $1,375,000 $354 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $13,806/month

66 Days on Market

Highlights

  • Views of Golden Gate Bridge
  • No HOA
  • Tile Flooring
  • Emerson Elementary School Rated A
  • Fireplace
  • Forced Air Heating System

About This Home

As of September 2023

Location, Location, Location, this unique value add asset is located just steps from the University and features San Francisco Bay views. The owners unit will be vacant at the close of escrow. There may be potential to add and additional 6th unit, and so much more... Showings are by appointment only, reach out to the Listing agents for further information.

Last Agent to Sell the Property

Bob Baptiste

License #01056636 Listed on: 06/07/2023

Co-Listed By

Kay Stromgren

License #00890095

Last Buyer's Agent

Bob Baptiste

License #01056636 Listed on: 06/07/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,950

Year Built

  • Built in 1964

Lot Details

  • 7,353 Sq Ft Lot
  • Lot Sloped Down

Property Views

  • Bay
  • Golden Gate Bridge

Home Design

  • Wood Siding

Interior Spaces

  • Fireplace
  • Unfinished Basement

Flooring

  • Carpet
  • Tile

Parking

  • 5 Parking Spaces
  • Parking Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3,887 Sq Ft Building
  • Bay East Association
  • University Cmpus Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,950

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Year Built: 1964
  • Property Sub Type: 5 or More Units
  • Prop. Type: COMM RI MULTI-UNITS 5+
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: SRXW01
  • Subdivision Name: UNIVERSITY CMPUS
  • Directions: Prospect, Bancroft, Panoramic
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet
  • Basement: Storage Space, Unfinished
  • Appliances: Refrigerator, Gas Water Heater
  • Fireplace: Yes
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Sloped Down
  • View: Bay, Golden Gate Bridge
  • View: Yes
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot
  • Total Parking Spaces: 5

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: All Public Utilities
  • Cooling: None
  • Laundry Features: Laundry Room
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Zoning: mult
  • Lot Size Sq Ft: 7353
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4227-1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2024
Sold by
150 Panoramic Way Llc
Bought by
150 Panoramic Way Llc
Current Estimated Value
$2,105,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$895,552
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$1,046,390

Purchase Details

Listed on
Jun 7, 2023
Closed on
Aug 25, 2023
Sold by
Mcmahon Teresa D
Bought by
150 Panoramic Way Llc
Seller's Agent
Bob Baptiste
Buyer's Agent
Bob Baptiste
List Price
$1,999,998
Sold Price
$1,375,000
Premium/Discount to List
-$624,998
-31.25%
Views
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.54%

Purchase Details

Closed on
Oct 16, 2019
Sold by
Mcmahon Sean Michael
Bought by
Mcmahon Michael and Mcmahon Teresa D

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
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 2007
Sold by
Mcmahon Michael and Mcmahon Teresa D
Bought by
Mcmahon Michael and Mcmahon Teresa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
150 Panoramic Way Llc -- Fidelity National Title
150 Panoramic Way Llc $1,375,000 Old Republic Title Company
Mcmahon Michael -- Stewart Title
Mcmahon Michael $266,663 Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 150 Panoramic Way Llc $900,000
Previous Owner Mcmahon Michael $450,000
Previous Owner Mcmahon Michael $500,000
Previous Owner Mcmahon Michael $800,000
Previous Owner Mcmahon Michael $552,500
Previous Owner Mcmahon Michael $525,000
Previous Owner Mcmahon Michael $450,000
Previous Owner Mcmahon Michael $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,375,000 -- --
09/11/2023 09/11/23 Sold $1,375,000 -13.1% $354 / Sq Ft
08/12/2023 08/12/23 Pending -- -- --
07/07/2023 07/07/23 Price Changed $1,583,000 -5.9% $407 / Sq Ft
06/21/2023 06/21/23 Price Changed $1,683,000 -15.8% $433 / Sq Ft
06/07/2023 06/07/23 For Sale $1,999,998 -- $515 / Sq Ft
Source: Bay East Association of REALTORS®

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 $24,950 $1,375,000 $415,000 $960,000
2023 $13,069 $294,573 $171,661 $122,912
2022 $12,319 $288,797 $168,295 $120,502
2021 $11,845 $283,134 $164,995 $118,139
2020 $11,033 $280,231 $163,303 $116,928
2019 $10,359 $274,737 $160,102 $114,635
2018 $10,245 $269,351 $156,963 $112,388
2017 $9,681 $264,069 $153,885 $110,184
2016 $9,135 $258,892 $150,868 $108,024
2015 $8,942 $255,003 $148,602 $106,401
2014 $8,782 $250,008 $145,691 $104,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41029558

Bay East Association of REALTORS®

APN: 055-1853-027-02