NOT LISTED FOR SALE

2543 Martin Luther King jr Way Unit 4 Berkeley, CA 94704

South Berkeley Neighborhood

Estimated Value: $451,000 - $496,000

1 Bed
1 Bath
484 Sq Ft
$301/mo HOA Fee

Last Sold August 15, 2022

Last sale price $485,000 $1,002 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,548/month

36 Days on Market

Highlights

  • 0.2 Acre Lot
  • Wood Flooring
  • 1 Car Detached Garage
  • Malcolm X Elementary School Rated A
  • Stone Countertops
  • Eat-In Kitchen

About This Home

As of August 2022

Light-Filled Condo in Great Location, very quiet upper floor back unit, ready to move in! 1 large bedroom, 1 updated bath. Updated kitchen with granite counters, stainless steel appliances. Beautiful hardwood floors, dual pane windows, laundry with washer/dryer in unit. Separate one-car garage. Great central Berkeley location near Berkeley Bowl, Alta Bates Medical Center, Ashby & Downtown Berkeley BART stations. Walk score 86, Bike score 100!

Last Agent to Sell the Property

Romeena Ghaziani

ROMEENA GHAZIANI, BROKER License #01930936 Listed on: 06/09/2022

Last Buyer's Agent

Romeena Ghaziani

ROMEENA GHAZIANI, BROKER License #01930936 Listed on: 06/09/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,811

Year Built

  • Built in 1930

Lot Details

  • 8,712

HOA Fees

  • $301 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Interior Spaces

  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Built-In Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 55181643

Community Details

Overview

  • Association fees include exterior maintenance, management fee, trash, water/sewer, insurance
  • 12 Units
  • Not Listed Association, Phone Number (925) 249-8800
  • Berkeley Central Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,811

Year Built

Built in 1930

Lot Details

0

HOA Fees

$301 per month

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1930
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Subdivision Name: BERKELEY CENTRAL
  • Directions: MLK - in between Blake St & Parker St
  • Architectural Style: Other
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Dishwasher, Microwave, Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Other Equipment: See Remarks
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Stone Counters, Eat-in Kitchen
  • Room Kitchen Features: Counter - Stone, Dishwasher, Eat In Kitchen, Microwave, Range/Oven Built-in, Refrigerator

Exterior Features

  • Lot Features: Other
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Other
  • Exterior Features: No Yard
  • Property Condition: Existing

Garage/Parking

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

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: Dryer, Laundry Room, Washer
  • Security: Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee: 301
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 925-249-8800
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Exterior Maintenance, Management Fee, Trash, Water/Sewer, Insurance

Lot Info

  • Lot Size Sq Ft: 8813
  • Parcel Number: 55181643
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 20, 2022
Sold by
Alexandre Bravo Adrian
Bought by
Pandey 2016 Living Trust
Seller's Agent
Romeena Ghaziani
ROMEENA GHAZIANI, BROKER
Buyer's Agent
Romeena Ghaziani
ROMEENA GHAZIANI, BROKER
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Total Days on Market
36
Current Estimated Value
$481,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,808
Avg. Annual Appreciation
-0.28%
Original Mortgage
$315,250
Outstanding Balance
$298,769
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$182,423

Purchase Details

Listed on
Jul 3, 2018
Closed on
Aug 2, 2018
Sold by
Xiong Chuyuan and Xie Susie Xiaohong
Bought by
Bravo Adrian Alexandre
Seller's Agent
Richard Morrison
Red Oak Realty
Buyer's Agent
Shahin Tabibzadeh
Bridges 8 Real Estate
List Price
$449,000
Sold Price
$449,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.97%
Original Mortgage
$359,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2015
Sold by
Berkeley Investments Llc
Bought by
Xiong Wenjing and Xiong Chuyuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.76%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Pandey 2016 Living Trust $485,000 Chicago Title
Bravo Adrian Alexandre $449,000 Chicago Title Company
Xiong Wenjing $345,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pandey 2016 Living Trust $315,250
Previous Owner Bravo Adrian Alexandre $203,903
Previous Owner Bravo Adrian Alexandre $359,200
Previous Owner Xiong Wenjing $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $449,000 -- --
02/04/2025 02/04/25 Off Market $485,000 -- --
08/15/2022 08/15/22 Sold $485,000 -2.0% $1,002 / Sq Ft
07/15/2022 07/15/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $495,000 +10.2% $1,023 / Sq Ft
08/29/2018 08/29/18 Sold $449,000 0.0% $928 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $449,000 -- $928 / 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
2024 $6,811 $469,000 $140,700 $328,300
2023 $6,508 $446,000 $133,800 $312,200
2022 $6,827 $471,974 $141,592 $330,382
2021 $6,851 $462,721 $138,816 $323,905
2020 $6,545 $457,980 $137,394 $320,586
2019 $6,351 $449,000 $134,700 $314,300
2018 $5,325 $364,408 $109,322 $255,086
2017 $5,123 $357,264 $107,179 $250,085
2016 $4,973 $350,260 $105,078 $245,182
2015 $2,388 $134,481 $40,344 $94,137
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40994380

bridgeMLS

APN: 055-1816-043-00