NOT LISTED FOR SALE

1516 Martin Luther King jr Way Berkeley, CA 94709

North Berkeley Neighborhood

Estimated Value: $1,130,000 - $1,433,000

2 Beds
1 Bath
1,160 Sq Ft
$1,119/Sq Ft Est. Value

About This Home

This home is located at 1516 Martin Luther King jr Way, Berkeley, CA 94709 and is currently estimated at $1,298,167, approximately $1,119 per square foot. 1516 Martin Luther King jr Way is a home located in Alameda County with nearby schools including Berkeley Arts Magnet at Whittier School, Washington Elementary School, and Cragmont Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2008
Sold by
Hamlett Phillip K and Hamlett Ashley A
Bought by
Jackson Keith M and Jackson Stacy C
Current Estimated Value
$1,298,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2004
Sold by
Fraser Charles P and Fraser Catherine M
Bought by
Hamlett Phillip K and Hamlett Ashley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 1996
Sold by
Moench Marcus H and Caspari Elizabeth A
Bought by
Fraser Charles P and Fraser Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,100
Interest Rate
8.25%

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Jackson Keith M $756,000 Old Republic Title Company
Hamlett Phillip K $701,000 First American Title Company
Fraser Charles P $224,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Keith M $373,328
Closed Jackson Keith M $417,000
Closed Jackson Keith M $417,000
Previous Owner Hamlett Ashley A $100,000
Previous Owner Gerstein Bradley M $568,000
Previous Owner Hamlett Phillip K $565,000
Previous Owner Hamlett Phillip K $490,000
Previous Owner Fraser Charles P $170,950
Previous Owner Fraser Charles P $172,300
Previous Owner Fraser Charles P $179,100
Source: Public Records

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 $14,005 $966,485 $292,045 $681,440
2023 $13,723 $954,404 $286,321 $668,083
2022 $13,502 $928,693 $280,708 $654,985
2021 $13,549 $910,352 $275,205 $642,147
2020 $12,906 $907,947 $272,384 $635,563
2019 $12,487 $890,151 $267,045 $623,106
2018 $12,293 $872,703 $261,811 $610,892
2017 $11,864 $855,594 $256,678 $598,916
2016 $11,542 $838,818 $251,645 $587,173
2015 $11,396 $826,224 $247,867 $578,357
2014 $10,043 $710,000 $213,000 $497,000
Source: Public Records

Map

California Alameda County Berkeley 94703 North Berkeley

1516 Martin Luther King jr Way, Berkeley, CA

Homes for Sale in Berkeley, CA

This home is located at 1516 Martin Luther King jr Way, Berkeley, CA 94709 and is currently estimated at $1,298,167, approximately $1,119 per square foot. 1516 Martin Luther King jr Way is a home located in Alameda County with nearby schools including Berkeley Arts Magnet at Whittier School, Washington Elementary School, and Cragmont Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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