NOT LISTED FOR SALE

1518 Martin Luther King jr Way Berkeley, CA 94709

North Berkeley Neighborhood

Estimated Value: $1,738,000 - $2,806,000

4 Beds
2 Baths
1,705 Sq Ft
$1,397/Sq Ft Est. Value

About This Home

This home is located at 1518 Martin Luther King jr Way, Berkeley, CA 94709 and is currently estimated at $2,382,524, approximately $1,397 per square foot. 1518 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
Oct 3, 2014
Sold by
Sharp Austin P and Sharp Shalini
Bought by
Sharp Family Trust
Current Estimated Value
$2,382,524

Purchase Details

Closed on
Apr 7, 2008
Sold by
Gerstein Bradley M and Gerstein Dana E
Bought by
Sharp Austin P and Sharp Shalini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 18, 2001
Sold by
Richards Catherine and Mahnke David
Bought by
Gerstein Bradley M and Gerstein Dana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
6.87%

Purchase Details

Closed on
Aug 12, 1999
Sold by
Mahnke David and Richards Catherine D
Bought by
Mahnke David and Richards Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.62%

Purchase Details

Closed on
Jan 22, 1997
Sold by
Wright Tatyana Akbasheva
Bought by
Wright Michael Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
7.62%

Purchase Details

Closed on
Jan 21, 1997
Sold by
Wright Michael E
Bought by
Mahnke David and Richards Catherine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
7.62%

Range of Values:

Collateral Analytics

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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

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Quantarium

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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
Sharp Family Trust -- None Available
Sharp Austin P $1,200,000 First American Title Company
Gerstein Bradley M $530,000 First California Title Compa
Wright Michael Edward -- Placer Title Company
Mahnke David $284,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Austin $889,000
Closed Sharp Austin $1,000,000
Closed Sharp Austin $775,000
Closed Sharp Austin P $804,000
Closed Sharp Austin P $608,000
Closed Sharp Austin P $616,349
Closed Sharp Austin P $625,500
Closed Sharp Austin P $700,000
Closed Sharp Austin P $700,000
Previous Owner Gerstein Bradley M $560,000
Previous Owner Gersten Bradley M $357,000
Previous Owner Gerstein Bradley M $351,000
Previous Owner Mahnke David $270,000
Previous Owner Mahnke David $227,200
Closed Mahnke David $28,400
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 $27,731 $1,826,009 $463,564 $1,369,445
2023 $27,165 $1,797,080 $454,478 $1,342,602
2022 $26,693 $1,754,848 $445,568 $1,316,280
2021 $26,774 $1,720,312 $436,834 $1,290,478
2020 $22,898 $1,508,679 $432,356 $1,076,323
2019 $21,105 $1,384,991 $423,882 $961,109
2018 $19,221 $1,357,842 $415,573 $942,269
2017 $18,903 $1,358,087 $407,426 $950,661
2016 $18,373 $1,331,460 $399,438 $932,022
2015 $16,994 $1,250,000 $375,000 $875,000
2014 $15,301 $1,100,000 $330,000 $770,000
Source: Public Records

Map

California Alameda County Berkeley 94703 North Berkeley

1518 Martin Luther King jr Way, Berkeley, CA

Homes for Sale in Berkeley, CA

This home is located at 1518 Martin Luther King jr Way, Berkeley, CA 94709 and is currently estimated at $2,382,524, approximately $1,397 per square foot. 1518 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.

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