NOT LISTED FOR SALE

2403 Valley St Berkeley, CA 94702

West Berkeley Neighborhood

Estimated Value: $1,417,493 - $1,530,000

4 Beds
2 Baths
2,909 Sq Ft
$507/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $1,020,000 $351 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,464/month

44 Days on Market

Highlights

  • 0.18 Acre Lot
  • Craftsman Architecture
  • Balcony
  • Oxford Elementary School Rated A
  • Attic
  • 4-minute walk to Bancroft Community Garden

About This Home

As of March 2017

Two Homes on corner lot of 7,945 sq. ft., great potential in this established neighborhood. Buyers to verify remodeling/expansion possibilities with City. Each Home features Two Beds, One Bath and One Car Garage. Separate Meters, fully fenced yards. Convenient location to commuter routes, less than one mile from N. Berkeley Bart station, bus routes, schools and shopping.

Last Agent to Sell the Property

Maria Prieto

Wilbur Properties License #01210185 Listed on: 01/21/2017

Last Buyer's Agent

Maria Prieto

Wilbur Properties License #01210185 Listed on: 01/21/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,819

Year Built

  • 1923

Lot Details

  • 7,928 Sq Ft Lot
  • Lot Sloped Up
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Craftsman Architecture
  • Flat Roof Shape
  • Pillar, Post or Pier Foundation
  • Combination Foundation
  • Masonry

Interior Spaces

  • 2,909 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Gas Oven
  • Attic

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Floor Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $28,800

Community Details

Overview

  • 2,909 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,200
  • Operating Expense $14,195
  • Gross Income $28,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,819

Year Built

1923

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Duplex
  • Style: Craftsman
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2909
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1923

Interior Features

  • Kitchen: Appliances - Vary By Unit, Oven Range - Gas
  • Living Sq Ft: 2909
  • Stories: 2
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Attic, Laundry Room

Exterior Features

  • Foundation: Combination, Pillars / Posts / Piers
  • Roof: Flat / Low Pitch
  • Yard/Grounds: Back Yard, Balcony / Patio
  • Construction Type: Masonry, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Detached Garage

Utilities

  • Heating System: Floor Furnace, Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 26812

Lot Info

  • Lot Description: Grade - Sloped Up
  • Lot Acres: 0.1820
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7940.99
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7940.99

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 36.46
  • Number Of Leased: 1

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 14195
  • Income Annual Gross: 28800.00
  • Income Annual Rental: 28800
  • Income Gross Scheduled: 28800
  • Income Includes: Owners Unit Rental
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 2
  • Tenant Expenses: All Expenses, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
Yu Junying
Bought by
Yu Junying and The Junying Yu Trust
Current Estimated Value
$1,473,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$876,625
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$597,122

Purchase Details

Listed on
Jan 21, 2017
Closed on
Mar 20, 2017
Sold by
Moore Warren Tonya L
Bought by
Yu Junying
Seller's Agent
Maria Prieto
Wilbur Properties
Buyer's Agent
Maria Prieto
Wilbur Properties
List Price
$1,050,000
Sold Price
$1,020,000
Premium/Discount to List
-$30,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%
Original Mortgage
$700,000
Interest Rate
4.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2005
Sold by
Moore Warren Tonya
Bought by
Moore Warren Tonya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 6, 2001
Sold by
Sanders Mary J
Bought by
Moore Warren Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
7.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 1999
Sold by
Sanders Mary J
Bought by
Sanders Mary J and The Mary J Sanders Living Trus
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
Yu Junying -- Wfg National Title Ins Co
Yu Junying $1,020,000 Lawyers Title Company
Moore Warren Tonya L -- First American Title Lenders
Moore Warren Tonya -- Chicago Title Co
Sanders Mary J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Junying $960,000
Previous Owner Yu Junying $700,000
Previous Owner Moore Warren Tonya L $415,000
Previous Owner Moore Warren Tonya $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $1,020,000 -2.9% $351 / Sq Ft
03/07/2017 03/07/17 Pending -- -- --
02/27/2017 02/27/17 Price Changed $1,050,000 0.0% $361 / Sq Ft
02/27/2017 02/27/17 For Sale $1,050,000 +2.9% $361 / Sq Ft
02/10/2017 02/10/17 Off Market $1,020,000 -- --
01/21/2017 01/21/17 For Sale $1,150,000 -- $395 / Sq Ft
Source: MLSListings

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 $20,819 $1,206,527 $696,336 $510,191
2024 $20,819 $1,182,876 $682,686 $500,190
2023 $20,799 $1,159,682 $669,300 $490,382
2022 $19,953 $1,136,946 $656,178 $480,768
2021 $21,020 $1,114,657 $643,314 $471,343
2020 $19,933 $1,103,232 $636,720 $466,512
2019 $18,988 $1,081,608 $624,240 $457,368
2018 $17,863 $1,040,400 $612,000 $428,400
2017 $13,058 $681,596 $204,479 $477,117
2016 $12,956 $668,235 $200,470 $467,765
2015 $12,739 $658,202 $197,460 $460,742
2014 $12,691 $645,313 $193,594 $451,719
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Maria Prieto

    Wilbur Properties

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Map

Source: MLSListings

MLS Number: ML81636343

MLSListings

APN: 056-1918-001-01

California Alameda County Berkeley 94702 West Berkeley

2403 Valley St, Berkeley, CA

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