NOT LISTED FOR SALE

1516 Fifth St Berkeley, CA 94710

Estimated Value: $2,537,000 - $2,894,463

6 Beds
2.5 Baths
3,828 Sq Ft
$702/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $2,805,000 $733 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $17,583/month

9 Days on Market

Highlights

  • Custom Home
  • Updated Kitchen
  • Stone Countertops
  • Rosa Parks Elementary School Rated A
  • Wood Flooring
  • No HOA

About This Home

As of October 2021

A vision come true!Built in 1906, the property went through multiple transformations to become what it is today-a versatile live-work home in vibrant North-West Berkeley.With vast 3,828 sf spreading over 3 levels, possibilities for use of space are endless.The main entry foyer opens up to a bright living room with soaring ceilings.Formal dining room & the impeccably updated kitchen create perfect entertaining area.1 Bdr,full bath,& a study with balcony access complete the space.Top floor is a dedicated primary Bdr retreat with a full bath, TV room,office,generous walk-in closet,& outdoor terrace.The ground floor is reserved for a spacious office with a large conf room,kitchenette,1/2 bath,private offices,& extensive storage. Set on 2 parcels, the backyard provides same flexibility with an option of building 2 additional semi-detached units.With proximity to 4th Street shopping and dining,Berkeley Marina,& Eastshore State Park, this opportunity is a lifestyle choice like no other.

Last Agent to Sell the Property

Elena Mendelson

Compass License #01883139 Listed on: 08/19/2021

Compass

Last Buyer's Agent

Steven Smith

License #01330154

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $40,627

Year Built

  • Built in 1906

Lot Details

  • 7,500 Sq Ft Lot
  • Wood Fence
  • Perimeter Fence
  • Garden
  • Back and Front Yard
  • Property is zoned MUR

Home Design

  • Custom Home
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3-Story Property
  • Sound System
  • Dining Area
  • Home Office
  • Utility Room

Kitchen

  • Updated Kitchen
  • Gas Range
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Tandem Parking
  • Parking Lot
  • Off-Street Parking

Utilities

  • Zoned Heating
  • 220 Volts in Kitchen
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Contra Costa Association
  • North Berkeley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5923167

Home Details

Home Type

Single Family

Est. Annual Taxes

$40,627

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Year Built: 1906
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Subdivision Name: NORTH BERKELEY
  • Directions: University Ave. > Fifth St.
  • Architectural Style: Custom
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Three or More Stories
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Carpet
  • Appliances: Dishwasher, Gas Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Den, Dining Area, Office, Storage, Study, Utility Room, Stone Counters, Updated Kitchen, Sound System
  • Window Features: Window Coverings
  • Room Kitchen Features: 220 Volt Outlet, Counter - Stone, Dishwasher, Gas Range/Cooktop, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Perimeter, Wood
  • Lot Features: Level, Front Yard, Security Gate
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Wood Siding
  • Exterior Features: Backyard, Back Yard, Front Yard, Garden/Play
  • Foundation Details: Slab
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Side Yard Access, Tandem, Parking Lot

Utilities

  • Heating: Zoned
  • Cooling: No Air Conditioning
  • Laundry Features: Dryer, Laundry Room, Washer
  • Security: Carbon Monoxide Detector(s), Security Fence, Security Gate, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar, 220 Volts in Kitchen
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: CONTRA COSTA
  • Association: No

Lot Info

  • Zoning: MUR
  • Lot Size Sq Ft: 7500
  • Parcel Number: 5923167
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Oct 4, 2021
Sold by
Friedman Doree and The Doree Friedman 1994 Trust
Bought by
Bustamante Susan and Lopez Douzoglou Andres
Seller's Agent
Elena Mendelson
Compass
Buyer's Agent
Steven Smith
List Price
$2,479,000
Sold Price
$2,805,000
Premium/Discount to List
$326,000
13.15%
Current Estimated Value
$2,688,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$116,634
Avg. Annual Appreciation
-1.07%
Original Mortgage
$1,920,000
Outstanding Balance
$1,754,656
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$933,710

Purchase Details

Closed on
Jan 22, 2018
Sold by
Kuhlmann Kirsten
Bought by
Kuhlmann Kirsten and Kuhlmann Kirsten

Purchase Details

Closed on
Aug 5, 2015
Sold by
1516 Fifth Street Llc
Bought by
Friedman Doree and Doree Friedman 1994 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,737
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2012
Sold by
1516 5Th Street Llc
Bought by
1516 Fifth Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,500
Interest Rate
3.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 4, 2001
Sold by
Hale Thomas Haire and Hale Elizabeth Ellen
Bought by
1516 5Th Llc

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
6.57%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 1997
Sold by
Hale Thomas H
Bought by
Hale Thomas Haire and Thomas Haire
Source: Public Records

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
Bustamante Susan $2,805,000 Fidelity National Title Co
Kuhlmann Kirsten -- None Available
Friedman Doree $1,586,000 Chicago Title Company
1516 Fifth Street Llc -- North American Title Company
1516 5Th Llc $625,000 Chicago Title Co
Hale Thomas Haire -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustamante Susan $1,920,000
Previous Owner Friedman Doree $1,030,737
Previous Owner 1516 Fifth Street Llc $577,500
Previous Owner 1516 5Th Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $2,805,000 -- --
10/15/2021 10/15/21 Sold $2,805,000 +13.2% $733 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $2,479,000 -- $648 / Sq Ft
Source: Contra Costa 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
2025 $40,627 $2,976,665 $892,999 $2,083,666
2024 $40,627 $2,918,321 $875,496 $2,042,825
2023 $39,841 $2,861,100 $858,330 $2,002,770
2022 $39,247 $2,805,000 $841,500 $1,963,500
2021 $25,277 $1,727,496 $820,222 $914,274
2020 $24,128 $1,716,718 $811,815 $904,903
2019 $23,479 $1,683,063 $795,900 $887,163
2018 $23,115 $1,650,074 $780,300 $869,774
2017 $22,246 $1,617,720 $765,000 $852,720
2016 $22,025 $1,586,000 $750,000 $836,000
2015 $12,049 $768,218 $276,558 $491,660
2014 $11,953 $753,175 $271,143 $482,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Contra Costa Association of REALTORS®

MLS Number: 40963810

Contra Costa Association of REALTORS®

APN: 059-2316-007-00