NOT LISTED FOR SALE

2431 7th St Berkeley, CA 94710

West Berkeley Neighborhood

Estimated Value: $895,000 - $1,044,000

-- Bed
4 Baths
1,580 Sq Ft
$613/Sq Ft Est. Value

Last Sold January 30, 2015

Last sale price $510,000 $323 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,282/month

259 Days on Market

Highlights

  • Traditional Architecture
  • Guest Parking
  • Carpet
  • Rosa Parks Elementary School Rated A
  • Wood Siding

About This Home

As of January 2015

Bungalow style. Detached, Four unit apartment building.All units are Junior 1-Bedroom, 1-Bath.3-Car parking. Small Yard. Fully rented. New Roof in 2012. Unit#B and #D are updated. Low maintenance. Separate meters. Ideally located, west of UC Berkeley.

Last Listed By

Erno Veresh

Veresh, Erno A. License #00696143 Listed on: 05/08/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,316

Year Built

  • Built in 1956

Lot Details

  • 3,398

Home Design

  • 1,580 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Frame Construction
  • Tar and Gravel Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Parking

  • 3 Parking Spaces
  • Guest Parking
  • Uncovered Parking

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, water
  • Assessor Parcel Number 0561939028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,316

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional
  • Other Equipment: Low-Flow Shower(s), Low-Flow Toilet(s)
  • Year Built: 1956
  • Special Features: None
  • Stories: 0

Interior Features

  • Basement: None
  • Appliances: Free Standing Refrigerator, OVFR
  • Flooring: Carpet, Linoleum, Vinyl
  • Price Per Square Foot: 322.78
  • Square Footage: 1580.00

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Foundation: Concrete Perimeter
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: Guest Parking Available, Uncovered
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Gas, Wall Furnace
  • Security Features: Smoke Detector

Lot Info

  • Assessor Parcel Number: 0561939028
  • Lot Features: Shape Regular
  • Lot Size Units: SqFt

Rental Info

  • Lease Term: MTOM,SCDP,WRTA
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Rent Multiplier: 13.11
  • Separate Meters: Electricity, Gas, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2014
Closed on
Jan 27, 2015
Sold by
Tsissar Edgar
Bought by
Chin Kien Ping
Seller's Agent
Erno Veresh
Veresh, Erno A.
Buyer's Agent
Erno Veresh
Veresh, Erno A.
List Price
$510,000
Sold Price
$510,000
Total Days on Market
259
Current Estimated Value
$968,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$458,672
Avg. Annual Appreciation
7.14%

Purchase Details

Closed on
May 26, 2005
Sold by
Thamkul Mark and Thamkul Penny
Bought by
Tsissar Edgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2003
Sold by
Mckinlay Michael and Mckinlay Barbara
Bought by
Thamkul Mark and Thamkul Penny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.73%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 1998
Sold by
Lewis Cecelia M
Bought by
Mckinlay Michael and Mckinlay Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,700
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

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
Chin Kien Ping $510,000 Old Republic Title Company
Tsissar Edgar $450,000 Old Republic Title Company
Thamkul Mark $720,000 Old Republic Title Company
Mckinlay Michael $165,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tsissar Edgar $390,000
Previous Owner Tsissar Edgar $90,000
Previous Owner Tsissar Edgar $337,500
Previous Owner Thamkul Mark $600,000
Previous Owner Mckinlay Michael E $236,811
Previous Owner Mckinlay Michael $24,700
Previous Owner Mckinlay Michael $24,700
Previous Owner Mckinlay Michael $123,550
Closed Tsissar Edgar $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2015 01/30/15 Sold $510,000 0.0% $323 / Sq Ft
01/22/2015 01/22/15 Pending -- -- --
05/08/2014 05/08/14 For Sale $510,000 -- $323 / 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 $10,316 $600,907 $180,272 $420,635
2023 $10,093 $589,125 $176,737 $412,388
2022 $9,893 $577,574 $173,272 $404,302
2021 $9,897 $566,252 $169,875 $396,377
2020 $9,343 $560,448 $168,134 $392,314
2019 $8,943 $549,463 $164,839 $384,624
2018 $8,785 $538,691 $161,607 $377,084
2017 $8,449 $528,130 $158,439 $369,691
2016 $8,157 $517,777 $155,333 $362,444
2015 $8,194 $521,891 $156,567 $365,324
2014 $8,396 $511,671 $153,501 $358,170
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2015

    Erno Veresh

    Veresh, Erno A.

    (650) 873-5015

    9 Total Sales

    Erno Veresh
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 420461

San Francisco Association of REALTORS® MLS

APN: 056-1939-028-00

California Alameda County Berkeley 94710 West Berkeley

2431 7th St, Berkeley, CA

Homes for Sale in Berkeley, CA

This home is located at 2431 7th St, Berkeley, CA 94710 since 08 May 2014 and is currently estimated at $968,672, approximately $613 per square foot. This property was built in 1956. 2431 7th St is a home located in Alameda County with nearby schools including Rosa Parks Elementary School, Ruth Acty Elementary, and Berkeley Arts Magnet at Whittier School.

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.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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