NOT LISTED FOR SALE

1516 Olympus Ave Berkeley, CA 94708

Berkeley Hills Neighborhood

Estimated Value: $1,812,000 - $1,898,688

4 Beds
4 Baths
2,682 Sq Ft
$685/Sq Ft Est. Value

Last Sold March 24, 2023

Last sale price $1,775,000 $662 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $11,847/month

14 Days on Market

Highlights

  • Updated Kitchen
  • Contemporary Architecture
  • Wood Flooring
  • Cragmont Elementary School Rated A
  • Wooded Lot
  • 4-minute walk to Terrace View Park

About This Home

As of March 2023

Sleek, Chic & Unique,this Modern Berkeley Hills home has everything you are looking for. Tons of space with 4 bedrooms,2 full and 2 half bathrooms,gorgeous kitchen,office, in-law potential, decks on every level-and so many updates! A superb place to entertain, work, play and live.Take in the views from the open living room with vaulted ceilings-then step out to the woodsy deck for sunset cocktails or a meal al fresco.Tastefully renovated and move-in ready,with elegant details & modern touches throughout.The home-chef kitchen will inspire amazing meals and shared moments-new appliances,tons of counter & storage space,room for eating,working,hanging out.The principal bedroom with ensuite bathroom that feels like a resort spa.The lower level BR w/half bath works as a family/media room,guest space,office-or maybe you can develop an inlaw/ADU?There’s a private office tucked away by the living room, and a half bath at the entry. Hardwood floors throughout,sunny decks &woodsy landscaping,detached garage with stylish new door, too many improvements to list here. Minutes to UCB, Tilden, shops & dining-everything Berkeley has to offer.

Last Agent to Sell the Property

Ana Forest

Red Oak Realty License #01234464 Listed on: 02/15/2023

Red Oak Realty

Last Buyer's Agent

Azadeh Yazdi

The GRUBB Company License #02001954

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1980

Lot Details

  • 5,636 Sq Ft Lot
  • Lot Sloped Down
  • Wooded Lot
  • Front Yard

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Shingle Exterior

Interior Spaces

  • 3-Story Property
  • Skylights
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Carbon Monoxide Detectors

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Berkeley Hills Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1980

Lot Details

0

Parking

1

Listing Details

  • Year Built: 1980
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Subdivision Name: BERKELEY HILLS
  • Directions: Grizzly to Senior to Fairlawn to Olympus/ GPS
  • Architectural Style: Brown Shingle, Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three or More Stories
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile, Other
  • Appliances: Dishwasher, Gas Range, Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Accessibility Features: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Formal Dining Room, Office, Storage, Counter - Solid Surface, Eat-in Kitchen, Updated Kitchen
  • Window Features: Skylight(s)
  • Room Kitchen Features: Counter - Solid Surface, Dishwasher, Eat In Kitchen, Gas Range/Cooktop, Range/Oven Free Standing, Refrigerator, Skylight(s), Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Lot Features: Sloped Down, Landscape Front, Wood
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Wood Shingles
  • Exterior Features: Front Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Detached, Off Street, Garage Door Opener
  • Total Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Cooling: No Air Conditioning
  • Laundry Features: Dryer, Laundry Closet, Washer, Cabinets
  • Security: Carbon Monoxide Detector(s), Double Strapped Water Heater
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5636
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2023
Closed on
Mar 13, 2023
Sold by
Harry N Scheiber Revocable Trust and Scheiber Harry N
Bought by
Kenchiah Senthil and Hegde Pooja
Seller's Agent
Ana Forest
Red Oak Realty
Buyer's Agent
Azadeh Yazdi
The GRUBB Company
List Price
$1,695,000
Sold Price
$1,775,000
Premium/Discount to List
$80,000
4.72%
Views
137
Current Estimated Value
$1,836,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,422
Avg. Annual Appreciation
1.24%
Original Mortgage
$800,000
Outstanding Balance
$768,881
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,067,541

Purchase Details

Listed on
Feb 15, 2023
Closed on
Feb 4, 2023
Sold by
Scheiber Harry N and Fam Jane
Bought by
Harry N Scheiber Revocable Trust and Scheiber
Seller's Agent
Ana Forest
Red Oak Realty
Buyer's Agent
Azadeh Yazdi
The GRUBB Company
List Price
$1,695,000
Sold Price
$1,775,000
Premium/Discount to List
$80,000
4.72%
Views
137

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
Outstanding Balance
$768,881
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$1,067,541
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kenchiah Senthil $1,775,000 Chicago Title
Harry N Scheiber Revocable Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kenchiah Senthil $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,775,000 -- --
03/24/2023 03/24/23 Sold $1,775,000 +4.7% $662 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $1,695,000 -- $632 / 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
2025 $26,357 $1,846,710 $554,013 $1,292,697
2024 $26,357 $1,810,500 $543,150 $1,267,350
2023 $10,385 $497,579 $123,930 $380,649
2022 $10,312 $487,686 $121,500 $373,186
2021 $10,304 $477,988 $119,118 $365,870
2020 $9,710 $480,017 $117,897 $362,120
2019 $9,262 $470,607 $115,586 $355,021
2018 $9,056 $461,382 $113,320 $348,062
2017 $8,727 $452,335 $111,098 $341,237
2016 $8,369 $443,466 $108,920 $334,546
2015 $8,230 $436,806 $107,284 $329,522
2014 $8,074 $428,252 $105,183 $323,069
Source: Public Records

Agents Affiliated with this Home

  • Ana Forest

    Seller's Agent in 2023

    Ana Forest

    Red Oak Realty

    (510) 557-8759

    7 in this area

    73 Total Sales

    Ana Forest
    Section Image
  • Azadeh Yazdi

    Buyer's Agent in 2023

    Azadeh Yazdi

    The GRUBB Company

    (510) 599-3608

    4 in this area

    63 Total Sales

    Azadeh Yazdi
    Section Image
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Map

Source: bridgeMLS

MLS Number: 41019354

bridgeMLS

APN: 060-2483-031-00

California Alameda County Berkeley 94708 Berkeley Hills

1516 Olympus Ave, Berkeley, CA

Not Listed for Sale

Detached

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bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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