NOT LISTED FOR SALE

2584 Martin Luther King jr Way Berkeley, CA 94704

South Berkeley Neighborhood

Estimated Value: $1,792,000 - $2,097,912

7 Beds
3 Baths
2,462 Sq Ft
$771/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $1,750,000 $711 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $12,303/month

46 Days on Market

Highlights

  • Custom Home
  • Updated Kitchen
  • Bonus Room
  • Malcolm X Elementary School Rated A
  • Wood Flooring
  • Stone Countertops

About This Home

As of July 2021

This updated, light-filled Traditional home is conveniently located in a desirable Berkeley neighborhood, just a few blocks from popular shops, restaurants, and the UC Berkeley Campus. The main level features original hardwood floors, a spacious living room with fireplace and formal DR, updated kitchen with all new SS appliances and 2 bedrooms with a shared bathroom. The upper-level features 5 bedrooms and 1.5 baths. As an added bonus, enjoy a cozy loft on the 3rd level. The exterior features a detached garage with workbench providing extra space for storage. The piece de resistance is your own beautiful detached studio that was previously used as a yoga/meditation retreat. The possibilities are endless with this quaint sanctuary in a vibrant neighborhood.

Last Agent to Sell the Property

Maureen Connor

La Maison Properties License #01108687 Listed on: 06/04/2021

Last Buyer's Agent

Jenny Chung

Stea Realty Group License #01521376

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,357

Year Built

  • Built in 1907

Lot Details

  • 6,137 Sq Ft Lot
  • Front Yard Fenced and Back Yard

Parking

  • 1 Car Detached Garage
  • Workshop in Garage
  • Parking Lot

Home Design

  • Custom Home
  • Raised Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Washer and Dryer Hookup

Kitchen

  • Updated Kitchen
  • Gas Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Radiant Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Contra Costa Association
  • Berkeley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5418134

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,357

Year Built

Built in 1907

Lot Details

0

Parking

1

Listing Details

  • Stories: 2
  • Year Built: 1907
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Subdivision Name: BERKELEY
  • Directions: Adeline St, Continue straight onto MLK
  • Architectural Style: Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: RealEstateOwned

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: Crawl Space
  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: Gas, Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bonus/Plus Room, Formal Dining Room, Stone Counters, Updated Kitchen
  • Room Kitchen Features: Counter - Stone, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Front Yard
  • Lot Features: Level
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Wood Siding
  • Exterior Features: Backyard, Back Yard, Front Yard, Side Yard
  • Foundation Details: Raised
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Detached, Space Per Unit - 1, Workshop in Garage, Guest, Parking Lot

Utilities

  • Heating: Radiant
  • Utilities: All Public Utilities
  • Cooling: None
  • Laundry Features: Hookups Only, Other
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: CONTRA COSTA
  • Association: No

Lot Info

  • Lot Size Sq Ft: 6137
  • Parcel Number: 5418134
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2022
Sold by
Snj Holdings Llc
Bought by
Mlk Rental Llc
Current Estimated Value
$1,897,978

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jun 28, 2021
Sold by
Lsf9 Master Participation Tr and Us Bank Trust Na
Bought by
Chung Family Trust and Chung
Seller's Agent
Maureen Connor
La Maison Properties
Buyer's Agent
Jenny Chung
Stea Realty Group
List Price
$1,750,000
Sold Price
$1,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.17%
Original Mortgage
$1,225,000
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2015
Sold by
Villanueva Karen
Bought by
U S Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Jul 23, 2007
Sold by
Sixth Patriarch Zen Center
Bought by
Villanueva Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,875
Interest Rate
6.65%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 24, 2007
Sold by
Chong Jong G and Chung Jong Gi
Bought by
Sixth Patriarch Zen Center

Purchase Details

Closed on
Jun 26, 1995
Sold by
Kosakura Hisako
Bought by
Chung Jong G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.88%
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
Mlk Rental Llc -- Donahue Fitzgerald Llp
Chung Family Trust $1,750,000 Fidelity National Title
U S Bank Trust Na $1,100,000 Accommodation
Villanueva Karen $1,250,000 Chicago Title Co
Sixth Patriarch Zen Center -- None Available
Chung Jong G $2,118,181 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Family Trust $1,225,000
Previous Owner Villanueva Karen $124,875
Previous Owner Villanueva Karen $1,000,000
Previous Owner Chung Jong G $140,300
Previous Owner Chung Jong G $135,000
Previous Owner Chung Jong G $157,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,750,000 -- --
07/23/2021 07/23/21 Sold $1,750,000 0.0% $711 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $1,750,000 -- $711 / Sq Ft
Source: Contra Costa Association of REALTORS®

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 $27,357 $1,857,100 $557,130 $1,299,970
2024 $27,357 $1,820,700 $546,210 $1,274,490
2023 $26,788 $1,785,000 $535,500 $1,249,500
2022 $25,232 $1,750,000 $525,000 $1,225,000
2021 $21,655 $1,421,719 $437,452 $984,267
2020 $20,562 $1,407,146 $432,968 $974,178
2019 $19,831 $1,379,560 $424,480 $955,080
2018 $19,517 $1,352,520 $416,160 $936,360
2017 $18,879 $1,326,000 $408,000 $918,000
2016 $18,352 $1,300,000 $400,000 $900,000
2015 $17,732 $1,250,000 $375,000 $875,000
2014 $16,248 $1,100,000 $330,000 $770,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Maureen Connor

    La Maison Properties

    Section Image

  • J

    Buyer's Agent in 2021

    Jenny Chung

    Stea Realty Group

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Map

Source: Contra Costa Association of REALTORS®

MLS Number: 40953007

Contra Costa Association of REALTORS®

APN: 054-1813-004-00

California Alameda County Berkeley 94703 South Berkeley

2584 Martin Luther King jr Way, Berkeley, CA

This home is located at 2584 Martin Luther King jr Way, Berkeley, CA 94704 since 04 June 2021 and is currently estimated at $1,897,978, approximately $770 per square foot. This property was built in 1907. 2584 Martin Luther King jr Way 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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