NOT LISTED FOR SALE

Estimated Value: $1,048,000 - $1,766,000

3 Beds
4 Baths
2,576 Sq Ft
$489/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $1,085,000 $421 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,606/month

21 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • John Muir Elementary School Rated A-
  • Tandem Parking
  • Fenced

About This Home

As of October 2021

A 4-unit multifamily property in Berkeley’s beloved Elmwood neighborhood for only $850K?—No, it’s not too good to be true! With three, 1BR/1BA and one studio, 2737 Ashby Place is ready for new ownership for the first time in 50 years. From the front door, tenants can easily walk to any number of amenities including Whole Foods Market, Rockridge BART, and the UC Berkeley campus. The central location means vacancies will never be difficult to fill, nor will it be tough to command market rates when leasing to new tenants. FYI—the top-floor 1BR (which comes with its own private deck and parking spot) will be delivered vacant upon close. The building is 2,576 square feet and it sits on top of a robust lot that’s 5,220 square feet, the rear portion of which has major ADU potential pending city approval.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 09/09/2021

Keller Williams Realty

Last Buyer's Agent

Stephen Parker

Stephen Paul Parker, Broker License #01148425

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,711

Year Built

  • Built in 1912

Lot Details

  • 5,220 Sq Ft Lot
  • Fenced
  • Back and Front Yard

Home Design

  • Quadruplex
  • Stucco

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Parking

  • Tandem Parking
  • Off-Street Parking
  • 6 to 12 Parking Spaces

Utilities

  • Forced Air Heating System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2,576 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 52156710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,711

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Year Built: 1912
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Directions: Go East on Ashby Ave and make a left onto Ashby Pl
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: None
  • Appliances: Gas Water Heater
  • Total Bedrooms: 3

Exterior Features

  • Fencing: Fenced
  • Lot Features: Back Yard, Front Yard
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Front Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Tandem, Uncovered Park Spaces 2+, 4-7 Cars

Utilities

  • Heating: Forced Air
  • Cooling: No Air Conditioning
  • Security: Double Strapped Water Heater, Secured Access
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5220
  • Parcel Number: 52156710
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Oct 7, 2021
Sold by
Youk Sunnie Seiwoen and Youk Sei Weon
Bought by
Alders Michael
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
Stephen Parker
Stephen Paul Parker, Broker
List Price
$850,000
Sold Price
$1,085,000
Premium/Discount to List
$235,000
27.65%
Current Estimated Value
$1,260,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,896
Avg. Annual Appreciation
4.09%

Purchase Details

Closed on
Sep 3, 2020
Sold by
Choy David Y and Bong Youn Choy Family Trust
Bought by
Youk Sei Weon
Source: Public Records

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
Alders Michael $1,085,000 Fidelity National Title Co
Youk Sei Weon -- None Available
Choy David Y -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Youk Sunnie Seiwoen $47,458
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,085,000 -- --
10/08/2021 10/08/21 Sold $1,085,000 +27.6% $421 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $850,000 -- $330 / 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 $19,711 $1,128,833 $338,650 $790,183
2023 $18,629 $1,106,700 $332,010 $774,690
2022 $17,702 $1,085,000 $325,500 $759,500
2021 $6,110 $134,772 $101,929 $32,843
2020 $5,543 $133,391 $100,884 $32,507
2019 $5,059 $130,775 $98,906 $31,869
2018 $5,450 $128,212 $96,967 $31,245
2017 $4,697 $125,698 $95,066 $30,632
2016 $5,005 $123,233 $93,202 $30,031
2015 $4,285 $121,382 $91,802 $29,580
2014 $4,404 $119,005 $90,004 $29,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40966430

bridgeMLS

APN: 052-1567-010-00