NOT LISTED FOR SALE

2435 Martin Luther King jr Way Berkeley, CA 94704

Downtown Berkeley Neighborhood

Estimated Value: $1,195,000 - $1,650,000

5 Beds
2 Baths
2,031 Sq Ft
$691/Sq Ft Est. Value

Last Sold April 21, 2022

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

Est. 6% increase in value since last sale

Current estimated payment $9,608/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
$1,404,387

Purchase Details

Listed on
Feb 26, 2022
Closed on
Apr 21, 2022
Sold by
Elizabeth Smith Mary
Bought by
Mary Elizabeth Smith Trust
Seller's Agent
Heidi Choi
Keller Williams Realty
Buyer's Agent
Heidi Choi
Keller Williams Realty
List Price
$1,295,000
Sold Price
$1,330,000
Premium/Discount to List
$35,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.59%
Original Mortgage
$997,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 26, 2022
Closed on
Apr 13, 2022
Sold by
Mary Elizabeth Smith Trust
Bought by
Hu Mona
Seller's Agent
Heidi Choi
Keller Williams Realty
Buyer's Agent
Heidi Choi
Keller Williams Realty
List Price
$1,295,000
Sold Price
$1,330,000
Premium/Discount to List
$35,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Interest Rate
3.88%
Mortgage Type
New Conventional

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

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Range of Values:

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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
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

  • Heidi Choi

    Seller's Agent in 2022

    Heidi Choi

    Keller Williams Realty

    (510) 789-8788

    1 in this area

    54 Total Sales

    Heidi Choi
    Section Image
See All Agents

Map

Source: Bay East Association of REALTORS®

MLS Number: 40982839

Bay East Association of REALTORS®

APN: 055-1898-018-00

California Alameda County Berkeley 94703 Downtown Berkeley

2435 Martin Luther King jr Way, Berkeley, CA

This home is located at 2435 Martin Luther King jr Way, Berkeley, CA 94704 since 26 February 2022 and is currently estimated at $1,404,387, approximately $691 per square foot. This property was built in 1906. 2435 Martin Luther King jr Way is a home located in Alameda County with nearby schools including Washington Elementary School, Malcolm X Elementary School, 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.

Bay East Association of REALTORS® Bay East ©2025. CCAR ©2025. bridgeMLS ©2025. 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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