NOT LISTED FOR SALE

2503 Regent St Berkeley, CA 94704

Elmwood Neighborhood

Estimated Value: $1,292,000 - $1,664,000

5 Beds
3 Baths
2,914 Sq Ft
$496/Sq Ft Est. Value

Last Sold November 29, 2022

Last sale price $1,318,000 $452 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $9,442/month

56 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Fenced
  • Emerson Elementary School Rated A
  • No HOA
  • Heating System Uses Natural Gas

About This Home

As of November 2022

CLASSIC BERKELEY TRI-PLEX, a five minute walk to UCB campus. TWO VACANT 1-bedroom units. Estimated rent PER UNIT is $2600. One OCCUPIED 3-bedroom unit. Rent is $2485. $92,220 Approx. annual rents. A RARE OPPORTUNITY TO OWN PROPERTY AT THE HEART OF THE EVER-IMPROVING, PRESTIGIOUS UNIVERSITY COMMUNITY. With perpetual demand & a pool of exceptional tenants, this tri-plex provides immediate, strong cash flow with multiple ways to increase short & long-term income. Steel-reinforced concrete perimeter foundation. Off street parking. Garage structure & partially developed attic unassigned to units may provide future income & development opportunities. (Building subject to rent control).

Last Agent to Sell the Property

John Koenigshofer

Winkler Real Estate Group License #01220282 Listed on: 09/04/2022

Last Buyer's Agent

George Yin

Elite Re & Financial Group License #01464754

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,063

Year Built

  • Built in 1899

Lot Details

  • 3,821 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Triplex

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Basement

  • Partial Basement

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2,914 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 055184200100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,063

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Year Built: 1899
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Directions: Corner of Regent St. & Dwight Way
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Linoleum, Wood, Other
  • Basement: Partial, Storage Space, Other
  • Appliances: Gas Water Heater
  • Other Equipment: Other
  • Total Bedrooms: 5

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Other
  • Exterior Features: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Parking Lot

Utilities

  • Heating: Natural Gas, Other
  • Utilities: All Public Utilities
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 3821
  • Parcel Number: 055184200100
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Dong Ping
Bought by
Wang Angela
Current Estimated Value
$1,445,446

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
Outstanding Balance
$593,211
Interest Rate
6.87%
Mortgage Type
Seller Take Back
Estimated Equity
$852,236

Purchase Details

Closed on
May 20, 2017
Sold by
Aranguren Mary Lou and Jackson Alexander E
Bought by
Aranguren Mary Lou and Jackson Alexander E

Purchase Details

Closed on
Jun 21, 2012
Sold by
Aranguren Michael J
Bought by
Aranguren Michael J and Riestra Patricia M

Purchase Details

Closed on
May 8, 2003
Sold by
Aranguren Joan P and Aranguren Julia
Bought by
Jackson Alex and Aranguren Mary Lou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Aranguren John P and Aranguren Julia
Bought by
Aranguren Michael T

Purchase Details

Closed on
Jul 3, 1996
Sold by
Aranguren John P and Aranguren Julia
Bought by
Aranguren John P and Aranguren Julia
Source: Public Records

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
Wang Angela $1,379,000 Wfg National Title Insurance C
Aranguren Mary Lou -- None Available
Aranguren Mary Lou -- None Available
Aranguren Michael J -- None Available
Jackson Alex -- --
Aranguren Michael T $91,000 --
Aranguren John P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Angela $600,000
Previous Owner Jackson Alex $115,000
Closed Jackson Alex $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,318,000 -- --
11/29/2022 11/29/22 Sold $1,318,000 -4.1% $452 / Sq Ft
10/30/2022 10/30/22 Pending -- -- --
10/11/2022 10/11/22 Price Changed $1,375,000 -1.4% $472 / Sq Ft
09/16/2022 09/16/22 For Sale $1,395,000 0.0% $479 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
09/04/2022 09/04/22 For Sale $1,395,000 -- $479 / 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 $22,063 $1,378,800 $413,640 $965,160
2024 $22,063 $1,344,360 $403,308 $941,052
2023 $21,599 $1,318,000 $395,400 $922,600
2022 $8,613 $258,396 $114,843 $143,553
2021 $8,547 $253,329 $112,591 $140,738
2020 $7,847 $250,731 $111,436 $139,295
2019 $7,274 $245,816 $109,252 $136,564
2018 $7,085 $240,997 $107,110 $133,887
2017 $6,815 $236,272 $105,010 $131,262
2016 $5,896 $231,639 $102,951 $128,688
2015 $5,791 $228,161 $101,405 $126,756
2014 $5,856 $223,692 $99,419 $124,273
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2022

    John Koenigshofer

    Winkler Real Estate Group

  • G

    Buyer's Agent in 2022

    George Yin

    Elite Re & Financial Group

    (510) 579-1721

    1 in this area

    28 Total Sales

    George Yin
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Map

Source: bridgeMLS

MLS Number: 41007465

bridgeMLS

APN: 055-1842-001-00

California Alameda County Berkeley 94704 Elmwood

2503 Regent St, Berkeley, CA

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