NOT LISTED FOR SALE

2716 Martin Luther King jr Way Berkeley, CA 94703

South Berkeley Neighborhood

Estimated Value: $1,377,000 - $1,864,000

4 Beds
2 Baths
1,656 Sq Ft
$1,001/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $1,700,000 $1,027 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $11,412/month

13 Days on Market

Highlights

  • Rooftop Deck
  • Edwardian Architecture
  • Main Floor Bedroom
  • Malcolm X Elementary School Rated A
  • Wood Flooring
  • 4-minute walk to Grove Park

About This Home

As of May 2021

Charming Edwardian Farmhouse! Lovingly maintained and beautifully updated while honoring the original details. Flood w/light this home features open concept living, gorgeous wd floors, 2 full baths & fun attic space. Main level features a welcoming entry foyer, renovated kitchen complete with a separate pantry, a new 5 burner gas range and SS refrigerator opening to the living and dining room, a full shower bath, laundry room w/side-by-side washer/dryer and the piste de la resistance... an amazing music SOUND Room. Use this space to create and record your own music, as a bedroom or private office. The 2nd floor features 4-bedrooms on one level, renovated full bath w/tub & stairs to the amazing full attic room w/Velux skylights. Outside you'll find the separate studio built new in 2003 on the same footprint of the old garage & your own urban garden w/brick patio, space for your vegetables & a chicken coop just waiting for you and your chicks! Walk to Berkeley Bowl & BART Welcome Home!

Last Listed By

Colleen McFerrin

Compass License #01402769 Listed on: 04/22/2021

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,122

Year Built

  • Built in 1908 | Remodeled

Lot Details

  • 3,760 Sq Ft Lot
  • East Facing Home
  • Back and Front Yard Fenced
  • Wood Fence
  • Level Lot

Home Design

  • Edwardian Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,656 Sq Ft Home
  • 3-Story Property
  • Electric Fireplace
  • Double Pane Windows
  • Formal Entry
  • Great Room
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Bonus Room
  • Storage Room
  • Wood Flooring
  • Attic

Kitchen

  • Free-Standing Gas Oven
  • Butcher Block Countertops
  • Tile Countertops

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Studio bedroom
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Tandem Parking
  • Uncovered Parking

Eco-Friendly Details

  • Energy-Efficient Windows

Outdoor Features

  • Rooftop Deck
  • Patio

Utilities

  • Central Heating
  • Heating System Uses Gas
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 054172700600

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,122

Year Built

Built in 1908 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Subtype Description: Detached
  • Architectural Style: Edwardian
  • Property Condition: Original, Updated/Remodeled
  • Property Faces: East
  • Stories: 3
  • Year Built: 1908
  • Accessory Dwelling Unit Second Unit: No
  • Special Features: None

Interior Features

  • Number Of Fireplaces: 1
  • Fireplace Features: Electric, Living Room
  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Dining Room Features: Dining/Living Combo
  • Living Room Features: Great Room
  • Number Of Rooms: 8
  • Appliances: Free Standing Gas Oven
  • Bathroom Features: Shower Stall(s), Tub, Window
  • Flooring: Wood
  • Interior Amenities: Formal Entry, Storage Area(s)
  • Kitchen Features: Butcher Block Counters, Kitchen/Family Combo, Pantry Closet, Tile Counter
  • Laundry Features: Dryer Included, Inside Room, Washer Included
  • Main Level: Bedroom(s), Full Bath(s), Kitchen, Living Room, Street Entrance
  • Price Per Square Foot: 1026.57
  • Room Type: Attic, Baths Other, Bonus Room, Great Room, Kitchen, Laundry, Office, Storage, Studio
  • Square Footage: 1656.00
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Wood Siding
  • Driveway Sidewalks: Gated, Gravel
  • Fencing: Back Yard, Fenced, Front Yard, Wood
  • Patio And Porch Features: Uncovered Deck, Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Parking Access: Tandem
  • Parking Features: Uncovered Parking Space
  • Parking Fees: No
  • Parking Type: On Site (Single Family Only)
  • Total Parking Spaces: 2.00

Utilities

  • Cooling: None
  • Heating: Central, Gas
  • Sewer: Public Sewer
  • Utilities: Public, Natural Gas Connected
  • Water Source: Public

Lot Info

  • Assessor Parcel Number: 054172700600
  • Lot Features: Garden, Shape Regular
  • Lot Size Acres: 0.0863
  • Lot Size Sq Ft: 3760.00
  • Lot Size Units: SqFt
  • Price Per Acre: 19698725.38
  • Topography: Level
  • Zoning: R-1

Green Features

  • Energy Efficient: Windows

Rental Info

  • Pets Allowed: Cats OK, Dogs OK

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 20, 2021
Sold by
Wight Stephen N and Wight Gail M
Bought by
Barber Ryan T and Mcduff Michelle A
Seller's Agent
Colleen McFerrin
Compass
Buyer's Agent
Vanessa Timon-Smith
Golden Gate Sothebys International Realty
List Price
$1,198,000
Sold Price
$1,700,000
Premium/Discount to List
$502,000
41.9%
Total Days on Market
13
Current Estimated Value
$1,657,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,240
Avg. Annual Appreciation
1.28%
Original Mortgage
$1,360,000
Outstanding Balance
$1,251,594
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$535,293

Purchase Details

Closed on
Nov 28, 1995
Sold by
Fakhroo Fariba
Bought by
Wight Stephen N and Wight Gail M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
7.42%

Purchase Details

Closed on
Sep 24, 1993
Sold by
Smith Wade Hannah Annel and Smith Hannah Annel
Bought by
Fakhroo Fariba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back

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
Barber Ryan T $1,700,000 Chicago Title Company
Wight Stephen N $170,000 Placer Title Company
Fakhroo Fariba $120,000 Northwestern Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barber Ryan T $1,360,000
Previous Owner Wight Stephen N $413,500
Previous Owner Wight Stephen N $417,000
Previous Owner Wight Stephen N $158,000
Previous Owner Wight Stephen N $161,500
Previous Owner Fakhroo Fariba $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $1,700,000 +41.9% $1,027 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $1,198,000 -- $723 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $26,122 $1,804,040 $541,212 $1,262,828
2023 $25,571 $1,768,680 $530,604 $1,238,076
2022 $25,652 $1,734,000 $520,200 $1,213,800
2021 $7,732 $260,893 $78,268 $182,625
2020 $5,975 $258,218 $77,465 $180,753
2019 $5,609 $253,157 $75,947 $177,210
2018 $5,475 $248,194 $74,458 $173,736
2017 $5,151 $243,328 $72,998 $170,330
2016 $5,167 $238,558 $71,567 $166,991
2015 $5,075 $234,977 $70,493 $164,484
2014 $4,992 $230,374 $69,112 $161,262
Source: Public Records

Agents Affiliated with this Home

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Source: San Francisco Association of REALTORS® MLS

MLS Number: 421540359

San Francisco Association of REALTORS® MLS

APN: 054-1727-006-00