Seller's Agent in 2023
Colby Coppage
Compass
(415) 758-6800
1 in this area
32 Total Sales
1934 Stuart St Berkeley, CA 94703
South Berkeley Neighborhood
--
Bed
--
Bath
3,295
Sq Ft
5,186
Sq Ft Lot
Highlights
- Victorian Architecture
- Laundry Facilities
- 4-minute walk to Grove Park
- Malcolm X Elementary School Rated A
- Wood Siding
About This Home
As of April 2023Stable Shared Student Berkeley Housing-5.3 Cap Rate. An excellent opportunity for investor, this charming duplex, close to UC Berkeley, has been steadily leased to multiple housemates, often graduate student groups, for the past thirteen years as the demand for off campus housing is extremely strong. Rental income is at 5.3 cap, with upside. The property is in very good condition and is well-maintained. Upper flat is currently leased to a group of five graduate student housemates and features large unique bedrooms, 2 baths, dining area, deck, living room and kitchen. Lower flat is on a separate lease and is occupied by a group of six graduate student housemates, and also features large bedrooms, 2 baths, dining, living room & kitchen.
Last Agent to Sell the Property
Douglas Shaw
Compass Commercial License #00854949 Listed on: 05/05/2015
Last Buyer's Agent
Ryan Rodriguez
Colliers International License #01304358
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,626
Year Built
- Built in 1934
Lot Details
- 5,186 Sq Ft Lot
Home Design
- 3,295 Sq Ft Home
- Duplex
- Victorian Architecture
- Frame Construction
- Wood Siding
Parking
- 2 Parking Spaces
- Uncovered Parking
Community Details
- 2 Units
- Laundry Facilities
Listing and Financial Details
- Tenant pays for electricity, gas, water
- Assessor Parcel Number 053-1680-302
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2023
Closed on
Mar 31, 2023
Sold by
Margaret Majua Trust
Bought by
Joonam Ventures Llc
Seller's Agent
Colby Coppage
Compass
Buyer's Agent
John Warner
John Warner, Broker
List Price
$1,798,000
Sold Price
$1,750,000
Premium/Discount to List
-$48,000
-2.67%
Views
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,052
Avg. Annual Appreciation
2.96%
Original Mortgage
$1,050,000
Outstanding Balance
$1,014,209
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$858,295
Purchase Details
Closed on
Mar 6, 2018
Sold by
Majua Margaret
Bought by
Majua Margaret Rose and Margaret Majua Trust
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
Interest Rate
4.05%
Mortgage Type
Adjustable Rate Mortgage/ARM
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%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,750,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,890,000 | Old Republic Title Company | |
| Grant Deed | $482,000 | Fidelity National Title Co | |
| Grant Deed | $347,000 | First California Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,050,000 | New Conventional | |
| Previous Owner | $1,228,500 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,004,000 | Unknown | |
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $605,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $595,000 | Unknown | |
| Previous Owner | $600,000 | Unknown | |
| Previous Owner | $150,000 | Unknown | |
| Previous Owner | $384,900 | No Value Available | |
| Previous Owner | $277,600 | No Value Available | |
| Closed | $50,000 | No Value Available |
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
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
-
Colby Coppage
-
Troy Luchessi
Seller Co-Listing Agent in 2023
Troy Luchessi
Compass
(415) 758-6800
1 in this area
64 Total Sales
-
John Warner
Buyer's Agent in 2023
John Warner
John Warner, Broker
(415) 269-5566
1 in this area
12 Total Sales
-
D
Seller's Agent in 2015
Douglas Shaw
Compass Commercial
-
Maria Marchetti
Seller Co-Listing Agent in 2015
Maria Marchetti
Sotheby's International Realty
(415) 901-1700
40 Total Sales
-
R
Buyer's Agent in 2015
Ryan Rodriguez
Colliers International
Map
Source: San Francisco Association of REALTORS® MLS
MLS Number: 432622
APN: 053-1680-032-00
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