Stephen Beard
Kw Advisors East Bay
(510) 962-7729
41 Total Sales
2 in Downtown Berkeley
$802,500 Price Range
2228 McGee Ave Berkeley, CA 94703
Downtown Berkeley NeighborhoodEstimated Value: $1,421,363
8
Beds
4
Baths
3,358
Sq Ft
$423/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Fenced
- Back Yard
- No HOA
- Heating System Uses Natural Gas
About This Home
As of December 2021The price is right when it comes to 2228 McGee Avenue. Listed at $1.3MM, this four-unit, 3,358 square foot property is an astounding bargain given the competitiveness of the local marketplace. Rental upside is a huge bonus with this property (current rents are 45% below the current market value)—as future vacancies emerge, the new owners will be able to pick their own tenants and set their own monthly rates. Each unit follows a two-bedroom, 1-bathroom layout, and, the units are on the larger-side of what’s available in the region. Proximity to key amenities (BART, Ohlone Park, Strawberry Creek Park, Shattuck Avenue, UC Berkeley, etc.) will help 2228 McGee hold (and grow!) its value as a multifamily investment for years to come.
Last Agent to Sell the Property
Keller Williams Realty License #01890931 Listed on: 10/21/2021
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1968
Lot Details
- 4,875 Sq Ft Lot
- Fenced
- Back Yard
Home Design
- Quadruplex
- Stucco
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Carport
- On-Street Parking
- Parking Lot
- 6 to 12 Parking Spaces
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Gas Water Heater
Community Details
- No Home Owners Association
- 3,358 Sq Ft Building
- Bridge Aor Association
Listing and Financial Details
- Assessor Parcel Number 56200814
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 21, 2021
Closed on
Dec 7, 2021
Sold by
Bought by
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Abhi Indap
Kw Advisors
List Price
$1,300,000
Sold Price
$1,425,000
Premium/Discount to List
$125,000
9.62%
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
-$3,637
Avg. Annual Appreciation
-0.06%
Original Mortgage
$855,000
Outstanding Balance
$770,389
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$650,974
Purchase Details
Closed on
Dec 17, 2018
Sold by
Bought by
Purchase Details
Closed on
Aug 2, 2004
Sold by
Bought by
Purchase Details
Closed on
Feb 10, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.89%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Berkeley, CA
-
Stephen Beard
-
Mitchell Barocio
Mitchell Barocio
Real Broker
(925) 483-7517
48 Total Sales
1 in Downtown Berkeley
$1,800,000 Price
-
Daniel Winkler
Daniel Winkler
Winkler Real Estate Group
(510) 871-8855
143 Total Sales
1 in Downtown Berkeley
$1,710,000 Price
-
Marc Guay
Marc Guay
(628) 230-5948
38 Total Sales
2 in Downtown Berkeley
$1,650,000 Price Range
-
Martha Park
Martha Park
Better Homes And Gardens Rp
(628) 213-7201
49 Total Sales
1 in Downtown Berkeley
$775,000 Price
-
Jatin Mehta
Jatin Mehta
Responds QuicklyKite Hill Real Estate
(650) 410-2867
64 Total Sales
2 in Downtown Berkeley
$2.3M - $3M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,425,000 | Fidelity National Title Co | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- | ||
| -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $855,000 | ||
| Previous Owner | $160,000 | ||
| Previous Owner | $56,800 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/04/2025 02/04/25 | Off Market | $1,425,000 | -- | -- |
| 12/10/2021 12/10/21 | Sold | $1,425,000 | +9.6% | $424 / Sq Ft |
| 11/12/2021 11/12/21 | Pending | -- | -- | -- |
| 10/21/2021 10/21/21 | For Sale | $1,300,000 | -- | $387 / Sq Ft |
Source: bridgeMLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $25,939 | $1,542,447 | $462,734 | $1,079,713 |
| 2025 | $23,552 | $1,512,210 | $453,663 | $1,058,547 |
| 2024 | $23,552 | $1,482,570 | $444,771 | $1,037,799 |
| 2023 | $23,064 | $1,453,500 | $436,050 | $1,017,450 |
| 2022 | $22,644 | $1,425,000 | $427,500 | $997,500 |
| 2021 | $6,870 | $132,076 | $57,080 | $81,996 |
| 2020 | $6,189 | $137,650 | $56,495 | $81,155 |
| 2019 | $5,603 | $134,951 | $55,387 | $79,564 |
| 2018 | $5,435 | $132,305 | $54,301 | $78,004 |
| 2017 | $5,202 | $129,712 | $53,237 | $76,475 |
| 2016 | $4,809 | $127,168 | $52,193 | $74,975 |
| 2015 | $4,712 | $125,258 | $51,409 | $73,849 |
| 2014 | $4,857 | $122,805 | $50,402 | $72,403 |
Source: Public Records
Agents Affiliated with this Home
-
Joey Wang
Seller's Agent in 2021
Joey Wang
Keller Williams Realty
(510) 592-5554
7 in this area
146 Total Sales
-
Abhi Indap
Buyer's Agent in 2021
Abhi Indap
Kw Advisors
(408) 472-4969
1 in this area
36 Total Sales
Map
Source: bridgeMLS
MLS Number: 40971771
APN: 056-2008-014-00
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.
Bay East 2026. CCAR 2026. bridgeMLS 2026. 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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