NOT LISTED FOR SALE

2478 Martin Luther King jr Way Berkeley, CA 94704

Downtown Berkeley Neighborhood

Estimated Value: $794,000 - $849,000

2 Beds
1.5 Baths
1,114 Sq Ft
$213/mo HOA Fee

Last Sold August 27, 2021

Last sale price $820,000 $736 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,798/month

14 Days on Market

Highlights

  • Gated Community
  • View of Hills
  • End Unit
  • Washington Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Becky Temko Tot Park

About This Home

As of August 2021

Completely innovative in every sense, this architecturally unique, environmentally green condo was built in 2003 by award-winning Berkeley architects Leger Wanaselja. Originally an early 20th-century grocery store that had fallen into disrepair, the site now houses 2 buildings constructed with salvaged & environmentally sustainable, energy-efficient materials all in a dramatic, contemporary design.This striking, light-filled condo is one of only 9 on-site & offers an open great room (LR/DR/kitchen), 2BR, 1.5BA, a private outdoor deck & a deeded parking spot. Architectural details used in a contemporary design include recycled & repurposed materials, including recycled glass kitchen counters, concrete floors & salvaged wood reused for doors and window trim. This incredible central Berkeley location is just blocks to Shattuck Ave shops/restaurants, and close to downtown Berkeley, the Cal campus & Berkeley HS. For detailed information, go to:

Last Agent to Sell the Property

ROBERT PARKER

Compass License #01923837 Listed on: 07/13/2021

Compass

Last Buyer's Agent

Rosie Papazian

Abio Properties License #01937039

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,361

Year Built

  • Built in 2003

Lot Details

  • End Unit

HOA Fees

  • $213 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Garage Door Opener
  • Assigned Parking

Home Design

  • Raised Foundation

Interior Spaces

  • 2-Story Property
  • Views of Hills

Kitchen

  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Intercom

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 55190244

Community Details

Overview

  • Association fees include common area maintenance, hazard insurance, management fee, reserves, security/gate fee, water/sewer
  • 9 Units
  • The Dwight Way Owners Association, Phone Number (916) 877-7793
  • Central Berkeley Subdivision

Amenities

  • Laundry Facilities

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,361

Year Built

Built in 2003

Lot Details

0

HOA Fees

$213 per month

Parking

1

Listing Details

  • Stories: 2
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: CENTRAL BERKELEY
  • Directions: Dwight to MLK
  • Architectural Style: Other
  • Building Name: Dwight Way Condominiums
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two Story, Two
  • New Construction: No
  • Efficiency: Green-Resource Eff Feats
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Concrete, Hardwood
  • Appliances: Dishwasher, Gas Range, Free-Standing Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Other Equipment: Intercom
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Additional Rooms, Stone Counters
  • Room Kitchen Features: Counter - Stone, Dishwasher, Gas Range/Cooktop, Range/Oven Free Standing, Refrigerator

Exterior Features

  • Lot Features: Security Gate
  • Pool Features: None
  • Pool Private: No
  • View: Hills
  • View: Yes
  • Common Walls: Corner Unit
  • Construction Type: Other
  • Foundation Details: Raised
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Assigned, Garage Door Opener

Utilities

  • Heating: Forced Air
  • Utilities: Internet Available
  • Cooling: None
  • Laundry Features: Dryer, Laundry Closet, In Unit, Washer
  • Security: Fire Sprinkler System, Carbon Monoxide Detector(s), Secured Access, Security Gate, Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Solar Unknown
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Gated, Cable TV, Laundry
  • Association Fee: 213
  • Association Fee Frequency: Monthly
  • Association Name: THE DWIGHT WAY OWNERS ASSOCIATION
  • Phone: 916-877-7793
  • Association: Yes
  • Pets Allowed: Unknown
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Hazard Insurance, Management Fee, Reserves, Security/Gate Fee, Water/Sewer

Lot Info

  • Parcel Number: 55190244
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Aug 13, 2021
Sold by
Bondy William and Bondy Katherine
Bought by
Kim Eugene
Seller's Agent
ROBERT PARKER
Compass
Buyer's Agent
Rosie Papazian
Abio Properties
List Price
$699,000
Sold Price
$820,000
Premium/Discount to List
$121,000
17.31%
Current Estimated Value
$831,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,900
Avg. Annual Appreciation
0.06%
Original Mortgage
$600,000
Outstanding Balance
$547,144
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$274,889

Purchase Details

Closed on
Apr 26, 2016
Sold by
Portis Carrie
Bought by
Bondy William and Bondy Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2016
Sold by
Matza Naomi
Bought by
Bondy William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2013
Sold by
Bruso Xantha S and Bruso Robert
Bought by
Portis Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2004
Sold by
The Dwight Way Llc
Bought by
Bruso Xantha S and Bruso Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
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
Kim Eugene $820,000 Old Republic Title Company
Bondy William $751,000 Old Republic Title Company
Bondy William -- Old Republic Title Company
Portis Carrie $510,000 Chicago Title Company
Bruso Xantha S $465,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Eugene $38,339
Open Kim Eugene $600,000
Previous Owner Bondy William $417,000
Previous Owner Portis Carrie $408,000
Previous Owner Bruso Xantha S $373,600
Previous Owner Bruso Xantha S $372,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $820,000 -- --
08/27/2021 08/27/21 Sold $820,000 +17.3% $736 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $699,000 -- $627 / 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
2025 $12,361 $870,183 $261,055 $609,128
2024 $12,361 $853,127 $255,938 $597,189
2023 $12,115 $836,400 $250,920 $585,480
2022 $11,923 $820,000 $246,000 $574,000
2021 $11,497 $821,315 $246,394 $574,921
2020 $11,017 $812,897 $243,869 $569,028
2019 $10,751 $796,960 $239,088 $557,872
2018 $10,599 $781,340 $234,402 $546,938
2017 $10,234 $766,020 $229,806 $536,214
2016 $7,394 $530,517 $159,155 $371,362
2015 $7,303 $522,550 $156,765 $365,785
2014 $7,273 $512,314 $153,694 $358,620
Source: Public Records

Agents Affiliated with this Home

  • ROBERT PARKER

    Seller's Agent in 2021

    ROBERT PARKER

    Compass

    (510) 388-4154

    3 in this area

    104 Total Sales

    Section Image
  • Rosie Papazian

    Buyer's Agent in 2021

    Rosie Papazian

    Abio Properties

    (510) 610-0702

    1 in this area

    110 Total Sales

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Map

Source: bridgeMLS

MLS Number: 40958559

bridgeMLS

APN: 055-1902-044-00

California Alameda County Berkeley 94703 Downtown Berkeley

2478 Martin Luther King jr Way, Berkeley, CA

This home is located at 2478 Martin Luther King jr Way, Berkeley, CA 94704 since 13 July 2021 and is currently estimated at $819,793, approximately $735 per square foot. This property was built in 2003. 2478 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.

bridgeMLS 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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