NOT LISTED FOR SALE
4 Beds
-- Bath
4,692 Sq Ft
3,960 Sq Ft Lot

Sale Details

Date Sold: February 11, 2021

Last sale price $2,005,000 $427 Per Sq Ft

3794 Days on Market

Highlights

  • Edwardian Architecture
  • Central Heating
  • Heating System Uses Steam
  • Wood Flooring
  • 2 Car Garage
  • Wood Siding

About This Home

As of February 2021

2511 Virginia Street is a 6-unit residential income property located in the desirable Northside neighborhood of Berkeley, steps from the UC Campus, Downtown Berkeley, and Gourmet Ghetto shopping & dining. Built in 1929 and owned by the same family for many years, 2511 Virginia is conveniently located near all major Berkeley amenities including local parks, schools, BART & other public transit. The property consists of 4 1BD/1BA units & 2 large studio units. Per Tax Records the building measures 4,692 Sq Ft & is set on a 3,960 Sq Ft lot. There is currently 2-car parking in the garage, which also features an on-site laundry facility and areas for storage for additional income. Heat is provided to the units by a central boiler w/radiators in each unit. All units are separately metered for gas & electricity and the landlord is responsible for water, sewer & garbage. 2511 Virginia presents investors a rare opportunity to acquire a property w/upside potential in a coveted neighborhood.

Last Agent to Sell the Property

Andrew De Vries

Berkshire Hathaway-Franciscan License #DRE #01368031 Listed on: 01/08/2021

Berkshire Hathaway-Franciscan

Last Buyer's Agent

Dan Woodworth

WOODWORTH PROPERTIES License #01180992

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 3,960 Sq Ft Lot

Home Design

  • Edwardian Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,692 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces

Utilities

  • Central Heating
  • Heating System Uses Steam
  • Separate Meters

Community Details

  • 6 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 058-2197-010-01

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

3,960 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Architectural Style: Edwardian
  • Stories: 2
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Flooring: Tile, Vinyl, Wood
  • Price Per Square Foot: 427.32
  • Square Footage: 4692.00

Exterior Features

  • Construction Materials: Frame, Stucco, Wood
  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 2.00
  • Independent Parking Spaces: 2

Utilities

  • Heating: Central, Steam

Lot Info

  • Assessor Parcel Number: 058-2197-010-01
  • Lot Features: Garden
  • Lot Size Acres: 0.0909
  • Lot Size Sq Ft: 3960.00
  • Lot Size Units: SqFt
  • Price Per Acre: 22057205.72

Rental Info

  • Tenant Pays: Electricity, Gas

Building Info

  • Number of Units Total: 6

Multi Family

  • Number Of Units Vacant: 2
  • Gross Rent Multiplier: 13.28
  • 1 Bedroom Rent Range: 2500
  • Two Bedroom Rent Range: 1895
  • Number of Studio Units: 2
  • Separate Meters: Electricity, Gas

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,550,000
Outstanding Balance
$1,390,567
Interest Rate
3.01%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 8, 2021
Closed on
Feb 6, 2021
Sold by
Bought by
Seller's Agent
Andrew De Vries
Berkshire Hathaway-Franciscan
Buyer's Agent
Dan Woodworth
WOODWORTH PROPERTIES
List Price
$1,599,000
Sold Price
$2,005,000
Premium/Discount to List
$406,000
25.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 21, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 3, 2010
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Company
$2,005,000 Old Republic Title Company
-- Old Republic Title Company
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,550,000
Closed $1,000,000
Previous Owner $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $2,005,000 +25.4% $427 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/13/2021 01/13/21 Price Changed $1,599,000 0.0% $341 / Sq Ft
01/13/2021 01/13/21 For Sale $1,599,000 -20.2% $341 / Sq Ft
11/21/2010 11/21/10 Off Market $2,005,000 -- --
10/29/2010 10/29/10 Price Changed $1,295,000 -3.7% $276 / Sq Ft
10/19/2010 10/19/10 Price Changed $1,345,000 -3.6% $287 / Sq Ft
09/09/2010 09/09/10 For Sale $1,395,000 -- $297 / Sq Ft
Source: San Francisco Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $39,254 $2,221,422 $662,436 $1,547,892
2025 $39,254 $2,178,098 $649,452 $1,517,552
2024 $35,197 $2,124,522 $636,720 $1,487,802
2023 $34,453 $2,082,880 $624,240 $1,458,640
2022 $33,788 $2,042,040 $612,000 $1,430,040
2021 $33,436 $1,969,606 $1,051,171 $918,435
2020 $31,488 $1,951,701 $1,040,400 $911,301
2019 $30,053 $1,912,553 $1,020,000 $892,553
2018 $13,558 $574,649 $191,198 $383,451
2017 $13,041 $563,258 $187,450 $375,808
2016 $12,295 $552,240 $183,776 $368,464
2015 $12,086 $543,965 $181,016 $362,949
2014 $12,227 $533,334 $177,470 $355,864
Source: Public Records

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 511952

San Francisco Association of REALTORS®
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