NOT LISTED FOR SALE

Estimated Value: $1,731,000 - $2,126,015

-- Bed
4 Baths
3,295 Sq Ft
$568/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $1,750,000 $531 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,683/month

29 Days on Market

Highlights

  • Edwardian Architecture
  • Wood Flooring
  • Balcony
  • Malcolm X Elementary School Rated A
  • Covered patio or porch
  • 4-minute walk to Grove Park

About This Home

As of April 2023

Enchanting Edwardian-style 2-unit duplex in prime south Berkeley location - (Lower unit rented and upper unit vacant). This property offers the perfect investment opportunity for both owner-occupants and investors. The lower unit, currently rented for $6,850 to young professionals and grad students, has 6 bedrooms and 2 bathrooms, while the upper unit, currently vacant, has 5 bedrooms and 2 bathrooms. The property has 2-car parking and a track record of high tenant income and near 100% occupancy, all while being conveniently located close to U.C. Berkeley and BART. Seize this excellent opportunity before it's too late.

Last Listed By

Colby Coppage

Compass License #02039319 Listed on: 02/14/2023

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,626

Year Built

  • Built in 1890

Lot Details

  • 5,186 Sq Ft Lot
  • Landscaped

Home Design

  • Duplex
  • Edwardian Architecture

Interior Spaces

  • 3,295 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Flooring

  • Wood
  • Carpet

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • 2 Open Parking Spaces

Outdoor Features

  • Balcony
  • Covered patio or porch

Listing and Financial Details

  • Assessor Parcel Number 053-1680-032

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,626

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Apartments
  • Architectural Style: Edwardian
  • Levels: Two
  • Year Built: 1890
  • Special Features: None
  • Stories: 0

Interior Features

  • Number Of Rooms: 15
  • Flooring: Carpet, Wood
  • Laundry Features: Washer/Dryer Leased
  • Price Per Square Foot: 531.11
  • Square Footage: 3295.00

Exterior Features

  • Patio And Porch Features: Balcony/Deck, Covered Patio

Garage/Parking

  • Parking Features: Open, Side-by-Side
  • Total Parking Spaces: 2.00
  • Independent Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Utilities Expenses: 4536

Lot Info

  • Assessor Parcel Number: 053-1680-032
  • Lot Features: Landscape Front
  • Lot Size Acres: 0.1191
  • Lot Size Sq Ft: 5186.00
  • Lot Size Units: SqFt
  • Price Per Acre: 14693534.84

Building Info

  • Number of Units Total: 2

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 1
  • Gross Rent Multiplier: 11.64
  • Number Of1 Bedrooms Occupied: 6
  • Number Of Units Leased: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2018
Sold by
Majua Margaret
Bought by
Majua Margaret Rose and Margaret Majua Trust
Total Days on Market
29
Current Estimated Value
$1,872,504

Purchase Details

Listed on
May 5, 2015
Closed on
Jun 8, 2015
Sold by
Ayres Robert
Bought by
Howard Lucia and Majua Margaret
Seller's Agent
Douglas Shaw
Compass Commercial
Buyer's Agent
Ryan Rodriguez
Colliers International
List Price
$1,890,000
Sold Price
$1,890,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.09%
Original Mortgage
$1,228,500
Outstanding Balance
$974,724
Interest Rate
4.05%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$897,780

Purchase Details

Closed on
Jan 8, 2002
Sold by
Thomas Wanda L
Bought by
Ayres Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,900
Interest Rate
7.01%

Purchase Details

Closed on
Jul 13, 1999
Sold by
Strimling Michael S
Bought by
Thomas Wanda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,600
Interest Rate
8.12%

Range of Values:

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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
Majua Margaret Rose -- None Available
Howard Lucia $1,890,000 Old Republic Title Company
Ayres Robert $482,000 Fidelity National Title Co
Thomas Wanda L $347,000 First California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Howard Lucia $1,228,500
Previous Owner Ayres Robert $1,004,000
Previous Owner Ayres Robert $250,000
Previous Owner Ayres Robert $605,000
Previous Owner Ayres Robert $595,000
Previous Owner Ayres Robert $600,000
Previous Owner Ayres Robert $150,000
Previous Owner Ayres Robert $384,900
Previous Owner Thomas Wanda L $277,600
Closed Thomas Wanda L $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $1,750,000 -2.7% $531 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $1,798,000 -4.9% $546 / Sq Ft
06/12/2015 06/12/15 Sold $1,890,000 0.0% $574 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
05/05/2015 05/05/15 For Sale $1,890,000 -- $574 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $27,626 $1,785,000 $535,500 $1,249,500
2023 $32,282 $2,183,233 $654,970 $1,528,263
2022 $31,747 $2,140,424 $642,127 $1,498,297
2021 $31,858 $2,098,466 $629,540 $1,468,926
2020 $30,219 $2,076,958 $623,087 $1,453,871
2019 $29,119 $2,036,247 $610,874 $1,425,373
2018 $28,660 $1,996,330 $598,899 $1,397,431
2017 $27,720 $1,957,188 $587,156 $1,370,032
2016 $26,910 $1,918,821 $575,646 $1,343,175
2015 $11,802 $681,854 $177,612 $504,242
2014 $11,700 $668,501 $174,134 $494,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 423719716

San Francisco Association of REALTORS® MLS

APN: 053-1680-032-00