NOT LISTED FOR SALE

Estimated Value: $4,523,000 - $6,603,364

6 Beds
5.5 Baths
5,342 Sq Ft
$1,036/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $5,000,000 $936 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $35,367/month

9 Days on Market

Highlights

  • Media Room
  • Solar Power Battery
  • Dining Room with Fireplace
  • John Muir Elementary School Rated A-
  • Updated Kitchen
  • Wood Flooring

About This Home

As of October 2021

Recently featured in Architectural Digest (September 2021) as a sophisticated example of modern sustainability, 2729 Elmwood is an architectural masterpiece in the heart of the coveted Elmwood. Originally known as the Cairns House, and designed by renowned architect Walter J. Ratliff, the 5432 square foot, 6BD/5.5BA Beaux Arts and Crafts home is the essence of 1920s elegance blended with modern convenience. The personal residence of distinguished NYC architects, the home has undergone an MN Builders +/- $1.5M modern renovation that thoughtfully honors Ratcliff’s original work, retaining the arts and crafts detailing that blends sumptuously with stylish modern updates including a sleek chef’s kitchen with breakfast room and butler's pantry, opulent modern baths, smart technologies, and a robust state-of-the-art solar and Tesla Powerwall battery system.

Last Agent to Sell the Property

David Gunderman

Kw Advisors East Bay License #01313613 Listed on: 09/16/2021

Co-Listed By

Andrew Raskopf

Kw Advisors East Bay License #01394348

Last Buyer's Agent

Claudia Mills

Kw Advisors East Bay License #01881682

Kw Advisors East Bay

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 7,000 Sq Ft Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Garden
  • Back Yard Fenced

Parking

  • 1 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Sound System
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • 3 Fireplaces
  • Formal Dining Room
  • Media Room
  • Home Office
  • Library
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • In-Law or Guest Suite
  • Low Flow Toliet

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer

Home Security

  • Security System Owned
  • Smart Home
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Solar Power Battery
  • Solar Power System
  • Solar owned by seller

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Thermostat
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Bay East Association
  • Elmwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 52156744

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

7,000 Sq Ft Lot

Parking

1

Listing Details

  • Stories: 2
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: OBOKWOAK
  • Subdivision Name: ELMWOOD
  • Directions: Claremont/College/Elmwood
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • Efficiency: Appliances, Thermostat, Water Heater
  • Green Power: Solar, Solar Power Battery Bkup
  • Power Production Type: Photovoltaics
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Dishwasher, Disposal, Gas Range, Free-Standing Range, Refrigerator, Dryer, Washer, Tankless Water Heater
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: Dining Room, Family Room, Living Room
  • Fireplaces: 3
  • Fireplace: Yes
  • Interior Amenities: Au Pair, Bonus/Plus Room, Den, Dining Area, Family Room, Formal Dining Room, Library, Media, Office, Breakfast Bar, Breakfast Nook, Stone Counters, Eat-in Kitchen, Kitchen Island, Pantry, Updated Kitchen, Sound System, Smart Home
  • Room Kitchen Features: Breakfast Bar, Breakfast Nook, Counter - Stone, Dishwasher, Eat In Kitchen, Garbage Disposal, Gas Range/Cooktop, Island, Pantry, Range/Oven Free Standing, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Shingle, Composition
  • Fencing: Fenced, Back Yard
  • Lot Features: Level, Landscape Back, Landscape Front
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Garden/Play, Side Yard, Sprinklers Back, Sprinklers Front, Landscape Back, Landscape Front
  • Property Condition: Existing

Garage/Parking

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

Utilities

  • Heating: Zoned, Natural Gas
  • Utilities: All Public Utilities
  • Cooling: Zoned
  • Laundry Features: Laundry Closet, Upper Level, Washer/Dryer Stacked Incl
  • Security: Security Alarm - Owned, Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Photovoltaics Seller Owned
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 7000
  • Parcel Number: 52156744
  • ResoLotSizeUnits: Acres

Green Features

  • Green Water Conservation: Low Flow Toilet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Sep 28, 2021
Sold by
Chakrabarti Vishaan and Alataris Maria
Bought by
Hoverman Michael and Hsia Kiung Vanessa
Seller's Agent
David Gunderman
Kw Advisors East Bay
Buyer's Agent
Claudia Mills
Kw Advisors East Bay
List Price
$4,795,000
Sold Price
$5,000,000
Premium/Discount to List
$205,000
4.28%
Current Estimated Value
$5,535,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$535,341
Avg. Annual Appreciation
2.33%
Original Mortgage
$3,250,000
Outstanding Balance
$2,963,697
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$2,571,644

Purchase Details

Closed on
Oct 24, 2019
Sold by
K & N Estate Llc
Bought by
Chakrabarti Vishaan and Alataris Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,980,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2018
Sold by
Lakireddy Susilpa and Susilpa Lakireddy Trust
Bought by
K & N Estate Llc

Purchase Details

Closed on
Dec 12, 2012
Sold by
Lakireddy Vijay Kumar and Lakireddy Susilpa
Bought by
Lakireddy Susilpa and Susilpa Lakireddy Trust

Purchase Details

Closed on
Jan 8, 2003
Sold by
Lakireddy Vijay Kumar and Lakireddy Susilpa
Bought by
Lakireddy Vijay Kumar and Lakireddy Susilpa

Purchase Details

Closed on
Dec 12, 2002
Sold by
Lakireddy Prasad Reddy and Lakireddy Santi
Bought by
Lakireddy Vijay Kumar and Lakireddy Susilpa

Purchase Details

Closed on
Oct 7, 1997
Sold by
Wilson Robert C 1997 Trust & Maureen O and Maureen
Bought by
Duffey Bonnie Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.49%

Purchase Details

Closed on
Oct 1, 1997
Sold by
Duffey Bonnie Sue
Bought by
Lakireddy Prasad Reddy and Lakireddy Santi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.49%

Purchase Details

Closed on
Jan 31, 1997
Sold by
Wilson Robert C
Bought by
Wilson Robert C and Osullivan Maureen
Source: Public Records
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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
Hoverman Michael -- Placer Title
Chakrabarti Vishaan $3,300,000 Placer Title Company
K & N Estate Llc -- Accommodation
Lakireddy Susilpa -- None Available
Lakireddy Vijay Kumar -- --
Lakireddy Vijay Kumar -- --
Duffey Bonnie Sue $830,000 Placer Title Company
Lakireddy Prasad Reddy $830,000 Placer Title Company
Wilson Robert C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoverman Michael $3,250,000
Previous Owner Chakrabarti Vishaan $1,980,000
Previous Owner Lakireddy Prasad Reddy $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $5,000,000 -- --
10/27/2021 10/27/21 Sold $5,000,000 +4.3% $936 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $4,795,000 -- $898 / Sq Ft
Source: Bay East Association of REALTORS®

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 $71,897 $5,299,000 $1,591,800 $3,714,200
2024 $71,897 $5,195,000 $1,560,600 $3,641,400
2023 $70,514 $5,100,000 $1,530,000 $3,570,000
2022 $69,470 $4,993,000 $1,500,000 $3,500,000
2021 $50,278 $3,334,188 $1,010,360 $2,323,828
2020 $47,672 $3,300,000 $1,000,000 $2,300,000
2019 $23,233 $1,372,961 $408,435 $964,526
2018 $22,784 $1,346,047 $400,429 $945,618
2017 $22,031 $1,319,661 $392,579 $927,082
2016 $21,121 $1,293,794 $384,884 $908,910
2015 $20,808 $1,274,367 $379,105 $895,262
2014 $20,531 $1,249,410 $371,681 $877,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40967311

Bay East Association of REALTORS®

APN: 052-1567-044-00

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