NOT LISTED FOR SALE

2543 Martin Luther King jr Way Unit 2 Berkeley, CA 94704

South Berkeley Neighborhood

Estimated Value: $759,000 - $924,335

3 Beds
2 Baths
1,064 Sq Ft
$785/Sq Ft Est. Value

About This Home

This home is located at 2543 Martin Luther King jr Way Unit 2, Berkeley, CA 94704 and is currently estimated at $834,834, approximately $784 per square foot. 2543 Martin Luther King jr Way Unit 2 is a home located in Alameda County with nearby schools including Malcolm X Elementary School, Emerson Elementary School, and John Muir Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2024
Sold by
Xu Wei
Bought by
Zhang Zheng
Current Estimated Value
$834,834

Purchase Details

Closed on
May 27, 2020
Sold by
Zhu Rong
Bought by
Xu Wei

Purchase Details

Closed on
Dec 28, 2015
Sold by
Berkeley Investments Llc
Bought by
Zhu Rong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Zhang Zheng -- None Listed On Document
Xu Wei $715,000 First American Title Company
Zhu Rong $520,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhu Rong $390,000
Source: Public Records

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 $11,249 $766,615 $229,984 $536,631
2023 $11,023 $751,585 $225,475 $526,110
2022 $10,845 $736,850 $221,055 $515,795
2021 $10,883 $722,407 $216,722 $505,685
2020 $8,500 $562,858 $162,363 $400,495
2019 $8,187 $551,824 $159,180 $392,644
2018 $8,054 $541,008 $156,060 $384,948
2017 $7,768 $530,400 $153,000 $377,400
2016 $7,521 $520,000 $150,000 $370,000
2015 $4,830 $295,857 $88,757 $207,100
Source: Public Records

Map

California Alameda County Berkeley 94703 South Berkeley

2543 Martin Luther King jr Way Unit 2, Berkeley, CA

Homes for Sale in Berkeley, CA

This home is located at 2543 Martin Luther King jr Way Unit 2, Berkeley, CA 94704 and is currently estimated at $834,834, approximately $784 per square foot. 2543 Martin Luther King jr Way Unit 2 is a home located in Alameda County with nearby schools including Malcolm X Elementary School, Emerson Elementary School, and John Muir Elementary School.

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