NOT LISTED FOR SALE

2609 Martin Luther King jr Way Berkeley, CA 94704

South Berkeley Neighborhood

Estimated Value: $1,682,610 - $1,856,000

5 Beds
2 Baths
2,097 Sq Ft
$827/Sq Ft Est. Value

About This Home

This home is located at 2609 Martin Luther King jr Way, Berkeley, CA 94704 and is currently estimated at $1,733,903, approximately $826 per square foot. 2609 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2020
Sold by
Li Ling
Bought by
Li Ling and Shimomura Li Revocable Living
Current Estimated Value
$1,733,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Outstanding Balance
$290,895
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,405,194

Purchase Details

Closed on
Nov 29, 2018
Sold by
Shimomura Takumi and Li Ling
Bought by
Shimomura Takumi and Li Ling

Purchase Details

Closed on
Feb 25, 2011
Sold by
Foote Abbot R and Witt Sue Carol
Bought by
Shimomura Takumi and Li Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2006
Sold by
Foote Abbot R
Bought by
Foote Abbot R

Purchase Details

Closed on
Jan 9, 2002
Sold by
Witt Sue Carol and Foote Abbot R
Bought by
Witt Sue Carol and Foote Abbot R

Purchase Details

Closed on
Dec 21, 1998
Sold by
Foote Abbot R and Witt Sue C
Bought by
Witt Sue Carol and Foote Abbot R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.91%
Mortgage Type
Stand Alone First
Source: Public Records

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

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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
Li Ling -- Calatlantic Title Inc
Li Ling -- Calatlantic Title Inc
Shimomura Takumi -- None Available
Shimomura Takumi $680,000 First American Title Company
Foote Abbot R -- None Available
Witt Sue Carol -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Ling $322,000
Closed Shimomura Takumi $397,000
Closed Shimomura Takumi $130,000
Closed Shimomura Takumi $400,000
Closed Shimomura Takumi $400,000
Previous Owner Witt Sue Carol $210,000
Previous Owner Witt Sue Carol $188,000
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 $15,605 $847,072 $256,221 $597,851
2023 $15,255 $837,331 $251,199 $586,132
2022 $14,923 $813,915 $246,274 $574,641
2021 $14,922 $797,820 $241,446 $563,374
2020 $13,969 $796,571 $238,971 $557,600
2019 $13,256 $780,958 $234,287 $546,671
2018 $13,000 $765,651 $229,695 $535,956
2017 $12,545 $750,644 $225,193 $525,451
2016 $12,040 $735,930 $220,779 $515,151
2015 $11,863 $724,880 $217,464 $507,416
2014 $11,778 $710,681 $213,204 $497,477
Source: Public Records

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