NOT LISTED FOR SALE

2435 Martin Luther King jr Way Berkeley, CA 94704

Downtown Berkeley Neighborhood

Estimated Value: $1,123,000 - $1,776,000

5 Beds
2 Baths
2,031 Sq Ft
$700/Sq Ft Est. Value

Last Sold April 21, 2022

Last sale price $1,330,000 $655 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,294/month

4 Days on Market

Highlights

  • Wood Flooring
  • Victorian Architecture
  • 2 Car Detached Garage
  • Washington Elementary School Rated A
  • No HOA
  • 5-minute walk to Becky Temko Tot Park

About This Home

As of April 2022

*DON'T MISS THIS RARE FIXER OPPORTUNITY*COME SEE THIS FIXER BEFORE ITS GONE* Absolute charming 1906 Victorian boasting vintage aesthetic & appeal* Nestled in desirable central Berkeley just minutes from Berkeley High, UC Berkeley, BART, Alta Bates hospital, Whole Foods, Berkeley Bowl, Poets Corner* Situated on a prime lot with approx 6000 sq ft, this diamond in the rough consists of 5 bed / 2 bath / 2031 sq ft and has potential to be converted into 2 separate multi-unit structures or single family + multi-unit/ADU combo (as next door neighbors recently constructed)* Endless opportunities and positive CASH FLOW* Main home features the 5 bed / 2 bath with traditional living and dining rooms, kitchen* Deep driveway with automatic security gate leads to rear garage which can be converted into a separate multi-unit structure/office/in-law ADU* Spacious fenced yard for endless entertainment, kids/pets play, gardeners delight* THIS ONE WON'T LAST*

Last Agent to Sell the Property

Heidi Choi

Keller Williams Realty License #01867040 Listed on: 02/26/2022

Keller Williams Realty

Last Buyer's Agent

Heidi Choi

Keller Williams Realty License #01867040 Listed on: 02/26/2022

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,409

Year Built

  • Built in 1906

Lot Details

  • 6,000 Sq Ft Lot
  • Rectangular Lot
  • Garden
  • Back Yard Fenced and Front Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Victorian Architecture
  • Shingle Roof
  • Wood Shingle Exterior
  • Composition Shingle
  • Stucco

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Gravity Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bay East Association
  • Berkeley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55189818

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,409

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 1906
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Subdivision Name: BERKELEY
  • Directions: Dwight > Martin Luther King Jr Way
  • Architectural Style: Victorian
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Breakfast Bar, Tile Counters, Eat-in Kitchen
  • Room Kitchen Features: Breakfast Bar, Counter - Tile, Dishwasher, Eat In Kitchen, Garbage Disposal, Gas Range/Cooktop, Refrigerator

Exterior Features

  • Roof: Shingle
  • Fencing: Back Yard, Fenced
  • Lot Features: Premium Lot, Regular
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Composition Shingles, Stucco, Wood Shingles
  • Exterior Features: Back Yard, Front Yard, Garden/Play, Yard Space
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Heating: Gravity
  • Utilities: All Public Utilities
  • Cooling: Other
  • Laundry Features: Dryer, Laundry Room, Washer
  • Security: Carbon Monoxide Detector(s), Secured Access, Security Gate, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6000
  • Parcel Number: 55189818
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2024
Sold by
Hu Mona
Bought by
Mona Hu Living Trust and Hu
Current Estimated Value
$1,422,021

Purchase Details

Closed on
Sep 17, 2015
Sold by
Smith Mary Elizabeth
Bought by
Smith Mary Elizabeth and Mary Elizabeth Smith Trust

Purchase Details

Closed on
May 31, 2006
Sold by
Smith Mary Elizabeth
Bought by
Smith Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
6.53%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 1994
Sold by
Smith Jesse
Bought by
Smith Mary E
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
Mona Hu Living Trust -- None Listed On Document
Smith Mary Elizabeth -- None Available
Smith Mary Elizabeth -- North American Title Co
Smith Mary E -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Mary Elizabeth $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,330,000 -- --
04/21/2022 04/21/22 Sold $1,330,000 +2.7% $655 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/26/2022 02/26/22 For Sale $1,295,000 -- $638 / Sq Ft
Source: Bay East Association of REALTORS®

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 $21,409 $1,411,395 $423,418 $987,977
2024 $21,409 $1,314,000 $394,200 $919,800
2023 $20,086 $1,223,000 $366,900 $856,100
2022 $6,278 $1,323,000 $399,000 $931,000
2021 $5,180 $62,991 $53,456 $16,535
2020 $4,770 $69,273 $52,908 $16,365
2019 $4,414 $67,914 $51,870 $16,044
2018 $4,266 $66,583 $50,853 $15,730
2017 $4,081 $65,277 $49,856 $15,421
2016 $3,803 $63,998 $48,879 $15,119
2015 $3,714 $63,037 $48,145 $14,892
2014 $3,652 $61,802 $47,202 $14,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40982839

Bay East Association of REALTORS®

APN: 055-1898-018-00