NOT LISTED FOR SALE

1531 Fairview St Berkeley, CA 94703

South Berkeley Neighborhood

Estimated Value: $944,000 - $1,473,000

5 Beds
4 Baths
2,191 Sq Ft
$514/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $1,030,000 $470 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,367/month

75 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Floor Furnace
  • Malcolm X Elementary School Rated A
  • Fireplace
  • 4-minute walk to Prince Street Mini Park

About This Home

As of April 2021

Located closely by the famous intersection of Ashby and Telegraph is 1531 Fairview St- a beautiful triplex that features two, 1BR/1BA units and a spacious 3BR/2BA house. While the 3BR will be delivered vacant ( offering prospective buyers a chance for an owner-occupy living situation), the two 1BR units are currently occupied (offering the prospective buyer guaranteed income). The home, from a perspective of lifestyle, appeals to many and offers comfortability with a walk score 85 of and a bike score of 99. From the front door, occupants can access pretty much anything they need by foot- BART, shopping and more! 1531 Fairview St is an easy choice among renters who'd like to be situated near Berkeley's best!

Last Agent to Sell the Property

Varnell Owens

BETTER HOMES REALTY/MCARTHR License #00631087 Listed on: 11/23/2020

BETTER HOMES REALTY/MCARTHR

Last Buyer's Agent

Varnell Owens

BETTER HOMES REALTY/MCARTHR License #00631087 Listed on: 11/23/2020

BETTER HOMES REALTY/MCARTHR

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,103

Year Built

  • Built in 1940

Lot Details

  • 6,200 Sq Ft Lot
  • Rectangular Lot
  • Back and Front Yard

Home Design

  • Triplex
  • Stucco

Interior Spaces

  • Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Floor Furnace
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5215449

Community Details

Overview

  • No Home Owners Association
  • 2,191 Sq Ft Building
  • Bridge Aor Association

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,103

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Year Built: 1940
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Directions: Sacramento St. to Fairview St.
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: None
  • Appliances: Gas Water Heater
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Lot Features: Regular
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Front Yard, Side Yard

Garage/Parking

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

Utilities

  • Heating: Floor Furnace, Wall Furnace
  • Cooling: No Air Conditioning
  • Laundry Features: Coin Operated
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Schools

  • Senior High School District: Berkeley (510) 644-6150

Lot Info

  • Lot Size Sq Ft: 6200
  • Parcel Number: 5215449
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
Apr 16, 2021
Sold by
Tesema Tefera
Bought by
Johnson Benjamin R and Hernandez Maria
Seller's Agent
Varnell Owens
BETTER HOMES REALTY/MCARTHR
Buyer's Agent
Varnell Owens
BETTER HOMES REALTY/MCARTHR
List Price
$1,200,000
Sold Price
$1,030,000
Premium/Discount to List
-$170,000
-14.17%
Current Estimated Value
$1,125,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,194
Avg. Annual Appreciation
1.96%
Original Mortgage
$772,500
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 1999
Sold by
Kebede Ephraim
Bought by
Tesema Tefera

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,300
Interest Rate
4.45%
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
Johnson Benjamin R $1,030,000 Chicago Title Company
Tesema Tefera $207,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Benjamin R $772,500
Previous Owner Tesema Tefera $186,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,030,000 -- --
04/22/2021 04/22/21 Sold $1,030,000 -6.4% $470 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
02/05/2021 02/05/21 Price Changed $1,100,000 -8.3% $502 / Sq Ft
12/14/2020 12/14/20 For Sale $1,200,000 +16.5% $548 / Sq Ft
12/10/2020 12/10/20 Off Market $1,030,000 -- --
11/23/2020 11/23/20 For Sale $1,200,000 -- $548 / 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 $17,103 $1,107,891 $334,467 $780,424
2024 $17,103 $1,086,035 $327,910 $765,125
2023 $16,762 $1,071,611 $321,483 $750,128
2022 $16,527 $1,050,600 $315,180 $735,420
2021 $7,269 $286,912 $88,173 $205,739
2020 $6,725 $290,900 $87,270 $203,630
2019 $6,288 $285,197 $85,559 $199,638
2018 $6,141 $279,607 $83,882 $195,725
2017 $5,892 $274,125 $82,237 $191,888
2016 $5,586 $268,751 $80,625 $188,126
2015 $5,494 $264,715 $79,414 $185,301
2014 $5,538 $259,530 $77,859 $181,671
Source: Public Records

Agents Affiliated with this Home

  • Varnell Owens

    Seller's Agent in 2021

    Varnell Owens

    BETTER HOMES REALTY/MCARTHR

    (510) 336-9200

    4 in this area

    63 Total Sales

    Varnell Owens
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Map

Source: bridgeMLS

MLS Number: 40930145

bridgeMLS

APN: 052-1544-009-00

California Alameda County Berkeley 94703 South Berkeley

1531 Fairview St, Berkeley, CA

This home is located at 1531 Fairview St, Berkeley, CA 94703 since 23 November 2020 and is currently estimated at $1,125,194, approximately $513 per square foot. This property was built in 1940. 1531 Fairview St is a home located in Alameda County with nearby schools including Malcolm X Elementary School, Washington Elementary School, and Oxford 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.

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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