NOT LISTED FOR SALE

2450 Parker St Berkeley, CA 94704

Elmwood Neighborhood

Estimated Value: $1,215,000 - $1,523,000

6 Beds
2 Baths
1,595 Sq Ft
$831/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $1,500,000 $940 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $8,724/month

7 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 5-minute walk to Willard Park
  • Emerson Elementary School Rated A

About This Home

As of October 2021

Duplex in prime Berkeley location conveniently located only a quarter mile away from beautiful UC Berkeley. The first unit consists of a huge 4 bedroom and 2 bathroom, 4th bedroom can be used as a office or den. The second unit has 2 bedrooms and 1 bathroom. The whole building will be delivered vacant and is prefect for those either seeking an investment opportunity or an owner occupied unit with additional rental income . Possible development opportunity, zoned R-2 with a 3 story height limit.

Last Agent to Sell the Property

Ernesto Baglieri

Marcus & Millichap License #01996324 Listed on: 08/23/2021

Last Buyer's Agent

Joey Wang

Keller Williams Realty License #01890931

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 3,100

Parking

  • 1 Parking Space

Home Design

  • Duplex

Interior Spaces

  • 1,595 Sq Ft Home
  • 1-Story Property

Additional Features

  • 3,100 Sq Ft Lot
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 055-1840-002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Apartments
  • Levels: One
  • Year Built: 1924
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 940.44
  • Square Footage: 1595

Garage/Parking

  • Parking Features: See Remarks
  • Total Parking Spaces: 1

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 055-1840-002
  • Lot Features: Curb(s)
  • Lot Size Acres: 0.0712
  • Lot Size Sq Ft: 3100
  • Lot Size Units: SqFt
  • Price Per Acre: 21067415.73

Building Info

  • Number of Units Total: 2

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 17.20
  • Number Of4 Bedroom Units: 1
  • Separate Meters: Common Area Meter, Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Oct 5, 2021
Sold by
Brojeni Farshid Vahedian and Vahedian Fireozeh Dabiri
Bought by
Kim Andrew and Kim Lisa
Seller's Agent
Ernesto Baglieri
Marcus & Millichap
Buyer's Agent
Joey Wang
Keller Williams Realty
List Price
$1,499,000
Sold Price
$1,500,000
Premium/Discount to List
$1,000
0.07%
Current Estimated Value
$1,324,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$175,325
Avg. Annual Appreciation
-2.91%
Original Mortgage
$1,125,000
Outstanding Balance
$1,025,148
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$299,527

Purchase Details

Closed on
Nov 14, 2016
Sold by
Brojeni Farshid Vahedian and Vahedian Firoozeh D
Bought by
Brojeni Farshid Vahedian and Vahedian Firoozeh Dabiri

Purchase Details

Closed on
Mar 4, 2010
Sold by
Brojeni Farshid Vahedian and Vahedian Firoozeh D
Bought by
Brojeni Farshid Vahedian and Vahedian Firoozeh D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Grant Andrew H
Bought by
Dabiri Brojeni Farshid V and Dabiri Vahediani Firoozeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2005
Sold by
Grant Roberta A
Bought by
Grant Andrew H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 1997
Sold by
Shin Thomas H and Shin Rohi
Bought by
Grant Andrew H

Purchase Details

Closed on
Oct 15, 1996
Sold by
Moon Daniel Hyungshun
Bought by
Shin Doris Y
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kim Andrew $1,500,000 Fidelity National Title Co
Brojeni Farshid Vahedian -- None Available
Brojeni Farshid Vahedian -- First American Title Lenders
Dabiri Brojeni Farshid V $625,000 Fidelity National Title
Grant Andrew H -- Fidelity National Title
Grant Andrew H $195,000 Placer Title Company
Shin Doris Y -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Andrew $1,125,000
Previous Owner Brojeni Farshid Vahedian $526,500
Previous Owner Dabiri Brojeni Farshid V $500,000
Closed Dabiri Brojeni Farshid V $62,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2021 10/14/21 Sold $1,500,000 +0.1% $940 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $1,499,000 -- $940 / Sq Ft
Source: San Francisco 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 $21,642 $1,591,800 $477,540 $1,114,260
2024 $21,642 $1,560,600 $468,180 $1,092,420
2023 $21,225 $1,530,000 $459,000 $1,071,000
2022 $20,914 $1,500,000 $450,000 $1,050,000
2021 $12,681 $804,787 $241,436 $563,351
2020 $14,118 $796,537 $238,961 $557,576
2019 $13,669 $780,924 $234,277 $546,647
2018 $13,401 $765,618 $229,685 $535,933
2017 $12,943 $750,611 $225,183 $525,428
2016 $12,544 $735,900 $220,770 $515,130
2015 $12,351 $724,850 $217,455 $507,395
2014 $12,321 $710,655 $213,196 $497,459
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2021

    Ernesto Baglieri

    Marcus & Millichap

    (415) 562-6604

    2 in this area

    27 Total Sales

    Ernesto Baglieri
    Section Image

  • J

    Buyer's Agent in 2021

    Joey Wang

    Keller Williams Realty

    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 421587836

San Francisco Association of REALTORS®

APN: 055-1840-002-00

California Alameda County Berkeley 94704 Elmwood

2450 Parker St, Berkeley, CA

Not Listed for Sale

MultiFamily

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