NOT LISTED FOR SALE

2720 Martin Luther King jr Way Berkeley, CA 94703

South Berkeley Neighborhood

Estimated Value: $1,637,000 - $1,776,000

6 Beds
3 Baths
2,678 Sq Ft
$637/Sq Ft Est. Value

Last Sold June 23, 2016

Last sale price $1,095,000 $409 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $11,254/month

13 Days on Market

Highlights

  • Updated Kitchen
  • Wood Flooring
  • No HOA
  • Malcolm X Elementary School Rated A
  • Corner Lot
  • 4-minute walk to Grove Park

About This Home

As of June 2016

Open Sun 5/15 1:30-4:30. Three story duplex on a sunny corner lot. Ground level 2Br/1Ba can rent for $2011 per rent board. Upstairs is a 4Br/2Ba unit perfect for owner occupancy or rent for $3,623 per rent board. Each unit has its own laundry an demand water heater. Walk to BART and Berk Bowl!

Last Listed By

Brett Weinstein

License #00923266 Listed on: 05/04/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,539

Year Built

  • Built in 1902

Lot Details

  • 2,744 Sq Ft Lot
  • Fenced
  • Corner Lot

Parking

  • Detached Garage

Home Design

  • Duplex
  • Wood Shingle Exterior
  • Wood Siding

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Wall Furnace
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Updated Kitchen
  • Outdoor Storage

Community Details

  • No Home Owners Association
  • 2,678 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 5417277

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,539

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Year Built: 1902
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.06
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile, Carpet, Wood
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater, Tankless Water Heater
  • Total Bedrooms: 6
  • Interior Amenities: Updated Kitchen

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Wood Shingles, Wood Siding
  • Exterior Features: Storage

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached

Utilities

  • Heating: Wall Furnace
  • Cooling: No Air Conditioning
  • Laundry Features: Dryer, In Unit, Washer
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Schools

  • Senior High School District: Berkeley (510) 644-6150

Lot Info

  • Zoning: 1101
  • Lot Size Sq Ft: 2744
  • Parcel Number: 5417277
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4234.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2025
Sold by
Jaime Elliot Nahman Living Trust and Nahman Jaime Elliot
Bought by
Anand Achyut and Hoge Julia
Total Days on Market
13
Current Estimated Value
$1,706,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,508,750
Outstanding Balance
$1,508,750
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$94,451

Purchase Details

Closed on
Mar 2, 2021
Sold by
Nahman Jaime Elliot and Li Andrea
Bought by
Jaime Elliot Nahman Living Trust and Jaime Elliot Nahman Living Tru

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$758,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2018
Sold by
Nahman Jaime Elliot
Bought by
Nahman Jaime Elliot and Nahman Jaime Elliot

Purchase Details

Closed on
Aug 3, 2018
Sold by
Madden Sarah and Farkas Andrew Joseph
Bought by
Farkas Andrew Joseph and Madden Sarah Anne

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 1, 2016
Sold by
Plorder Andrea
Bought by
Nahman Jaime Elliot
Seller's Agent
Brett Weinstein
Buyer's Agent
Emma Morris
Red Oak Realty
List Price
$799,000
Sold Price
$1,095,000
Premium/Discount to List
$296,000
37.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
Original Mortgage
$800,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2016
Closed on
May 31, 2016
Sold by
Soffa David and Clarke Teresa K
Bought by
Madden Sarah and Farkas Andrew Joseph
Seller's Agent
Brett Weinstein
Buyer's Agent
Emma Morris
Red Oak Realty
List Price
$799,000
Sold Price
$1,095,000
Premium/Discount to List
$296,000
37.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2007
Sold by
Nelson Kathy and The Kathy Nelson Revocable Tru
Bought by
Soffa David and Clarke Teresa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 15, 1996
Sold by
Nelson Kathy
Bought by
Nelson Kathy and The Kathy Nelson Revocable Tru

Purchase Details

Closed on
Aug 3, 1995
Sold by
Richards James Ralph
Bought by
Clarke James H

Range of Values:

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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
Anand Achyut $1,775,000 Old Republic Title Company
Jaime Elliot Nahman Living Trust -- Chicago Title
Jaime Elliot Nahman Living Trust $700,000 Chicago Title
Nahman Jaime Elliot -- None Available
Farkas Andrew Joseph -- None Available
Nahman Jaime Elliot -- Placer Title
Madden Sarah $1,095,000 Placer Title Company
Soffa David $605,000 Chicago Title Co
Nelson Kathy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anand Achyut $1,508,750
Previous Owner Jaime Elliot Nahman Living Trust $758,000
Previous Owner Madden Sarah $85,000
Previous Owner Madden Sarah $800,000
Previous Owner Soffa David J $465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,095,000 -- --
06/23/2016 06/23/16 Sold $1,095,000 +37.0% $409 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $799,000 -- $298 / 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 $21,539 $1,378,246 $425,950 $952,296
2023 $21,095 $1,351,230 $417,600 $933,630
2022 $20,718 $1,324,735 $409,412 $915,323
2021 $19,417 $1,190,524 $382,770 $814,754
2020 $18,325 $1,185,249 $378,847 $806,402
2019 $17,555 $1,162,014 $371,420 $790,594
2018 $17,256 $1,139,238 $364,140 $775,098
2017 $16,761 $1,116,900 $357,000 $759,900
2016 $11,211 $684,695 $205,408 $479,287
2015 $11,048 $674,417 $202,325 $472,092
2014 $11,022 $661,210 $198,363 $462,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40739047

bridgeMLS

APN: 054-1727-007-00