NOT LISTED FOR SALE

2409 Martin Luther King jr Way Berkeley, CA 94704

Downtown Berkeley Neighborhood

Estimated Value: $1,473,000 - $2,138,000

4 Beds
4 Baths
1,950 Sq Ft
$919/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $1,450,000 $744 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,859/month

13 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Attached Garage
  • Washington Elementary School Rated A
  • Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of August 2017

A Victorian beauty with real street presence: unique 1890 façade details gloriously enhanced by a 5-color paint job made to notice! Presently configured as a duplex, the floor plan offers flexible use for a large family, roommates, and rental income. Public record states 4 units. Buyers interested in development potential are advised to investigate further. Lovingly maintained by current owners for the past 20 years; the future possibilities are up to the imagination! Open Sunday 8/6, 2-4:30pm.

Last Listed By

Heidi Long

GOLDEN OAKS REFERRAL OFFICE License #01128755 Listed on: 07/26/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,551

Year Built

  • Built in 1890

Lot Details

  • 3,644 Sq Ft Lot
  • Fenced
  • Back Yard

Home Design

  • Duplex
  • Wood Siding

Interior Spaces

  • 4 Bathrooms
  • Fireplace
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 1,950 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 55189917

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,551

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Co List Office Mls Id: OBBREDO
  • Directions: MLK
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Vinyl, Carpet
  • Basement: Unfinished
  • Appliances: Dryer, Washer
  • Fireplace: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • Construction Type: Wood Siding
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Parking Lot

Utilities

  • Heating: Baseboard, Forced Air
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 3644
  • Parcel Number: 55189917
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2017
Closed on
Oct 11, 2017
Sold by
Hoffman Susan
Bought by
Hoffman Susan L and Susan L Hoffman 2009 Revocable
Seller's Agent
Heidi Long
GOLDEN OAKS REFERRAL OFFICE
Buyer's Agent
Carla Buffington
Vanguard Properties
List Price
$995,000
Sold Price
$1,450,000
Premium/Discount to List
$455,000
45.73%
Total Days on Market
13
Current Estimated Value
$1,791,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,509
Avg. Annual Appreciation
1.60%

Purchase Details

Listed on
Jul 26, 2017
Closed on
Aug 9, 2017
Sold by
Bell Pamela A and Culver Anne C
Bought by
Hoffman Susan
Seller's Agent
Heidi Long
GOLDEN OAKS REFERRAL OFFICE
Buyer's Agent
Carla Buffington
Vanguard Properties
List Price
$995,000
Sold Price
$1,450,000
Premium/Discount to List
$455,000
45.73%

Purchase Details

Closed on
Mar 24, 1997
Sold by
Cockroft Peter and Lin Yali
Bought by
Bell Pamela A and Culver Anne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Interest Rate
7.56%

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
Hoffman Susan L -- Old Republic Title Co
Hoffman Susan $1,450,000 Old Republic Title Company
Bell Pamela A $270,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell Pamela A $407,000
Previous Owner Bell Pamela A $405,000
Previous Owner Bell Pamela A $100,000
Previous Owner Culver Anne C $244,800
Previous Owner Bell Pamela A $25,900
Previous Owner Bell Pamela A $25,000
Previous Owner Bell Pamela A $214,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,450,000 -- --
08/18/2017 08/18/17 Sold $1,450,000 +45.7% $744 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
07/26/2017 07/26/17 For Sale $995,000 -- $510 / 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
2024 $22,551 $1,610,475 $501,975 $1,115,500
2023 $22,113 $1,585,763 $492,133 $1,093,630
2022 $21,782 $1,547,675 $482,485 $1,072,190
2021 $21,873 $1,517,196 $473,026 $1,051,170
2020 $20,867 $1,508,580 $468,180 $1,040,400
2019 $20,227 $1,479,000 $459,000 $1,020,000
2018 $19,929 $1,450,000 $450,000 $1,000,000
2017 $6,751 $378,887 $113,666 $265,221
2016 $6,478 $371,460 $111,438 $260,022
2015 $6,386 $365,881 $109,764 $256,117
2014 $6,587 $358,715 $107,614 $251,101
Source: Public Records

Agents Affiliated with this Home

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Source: bridgeMLS

MLS Number: 40790903

bridgeMLS

APN: 055-1899-017-00