NOT LISTED FOR SALE

2738 Martin Luther King jr Way Berkeley, CA 94703

South Berkeley Neighborhood

Estimated Value: $1,071,000 - $1,182,000

3 Beds
2 Baths
1,147 Sq Ft
$996/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $1,000,000 $872 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,376/month

15 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • No HOA
  • Malcolm X Elementary School Rated A
  • Stone Countertops
  • 3-minute walk to Grove Park

About This Home

As of April 2021

Behind a private fence and set back from the street, you’ll find this stunning, light-filled home! Beautifully remodeled with three bedrooms and two baths in a great central Berkeley location! Well laid out all on one level. Open floor plan kitchen with Quartzite countertops and counter-to-ceiling tile, plus brand new stainless steel appliances (2021). En-suite bedroom has an open-beam ceiling, and a remodeled bathroom with a large walk-in shower. Separate laundry room. Big landscaped, fenced front yard with plenty of room for gardening, socially-distanced get-togethers, and play, plus a private side yard. Near BART, U.C. Berkeley, and shopping!

Last Agent to Sell the Property

Devin Ratoosh

Red Oak Realty License #01820096 Listed on: 02/17/2021

Red Oak Realty

Co-Listed By

David A. Ratoosh

Red Oak Realty License #00901536

Last Buyer's Agent

Saraya Motley

Compass License #01265873

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,474

Year Built

  • Built in 1927

Lot Details

  • 3,410 Sq Ft Lot
  • Fenced
  • Front Yard

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Dining Area
  • Wood Flooring

Kitchen

  • Gas Range
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Baseboard Heating
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Central Berkeley Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5417264

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,474

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Stories: 1
  • Year Built: 1927
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Co List Office Mls Id: OBBMAR 03
  • Subdivision Name: CENTRAL BERKELEY
  • Directions: Dwight Way to Martin Luther King
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood Flrs Throughout
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Dryer, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Dining Area, Dining Ell, Counter - Solid Surface, Stone Counters
  • Room Kitchen Features: Counter - Solid Surface, Counter - Stone, Dishwasher, Gas Range/Cooktop

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Lot Features: Level
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Wood Siding
  • Exterior Features: Front Yard, Entry Gate
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Parking on Site

Utilities

  • Heating: Baseboard, Natural Gas, Wall Furnace
  • Cooling: None
  • Laundry Features: Dryer, Laundry Room, Washer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 3410
  • Parcel Number: 5417264
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Apr 15, 2021
Sold by
Nusbaum Rachel Chuang
Bought by
Chuang Family Trust and Nusbaum
Seller's Agent
Devin Ratoosh
Red Oak Realty
Buyer's Agent
Saraya Motley
Compass
List Price
$949,000
Sold Price
$1,000,000
Premium/Discount to List
$51,000
5.37%
Current Estimated Value
$1,142,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,169
Avg. Annual Appreciation
3.74%
Original Mortgage
$850,000
Outstanding Balance
$767,523
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$408,860

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 26, 2021
Sold by
Nusbaum Lawrence and The Chuang Family Trust
Bought by
Gomez Norma Cecilia Martinez and Good Nathan
Seller's Agent
Devin Ratoosh
Red Oak Realty
Buyer's Agent
Saraya Motley
Compass
List Price
$949,000
Sold Price
$1,000,000
Premium/Discount to List
$51,000
5.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$767,523
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$408,860

Purchase Details

Closed on
Jul 11, 2012
Sold by
Nusbaum Lawrence and Nusbaum Rachel C
Bought by
Nusbaum Lawrence and Nusbaum Rachel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,500
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2005
Sold by
Nusbaum Lawrence and Nusbaum Rachel
Bought by
Nusbaum Lawrence and Nusbaum Rachel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 20, 1994
Sold by
Federal National Mortgage Association
Bought by
Nusbaum Lawrence and Nusbaum Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.91%

Purchase Details

Closed on
Aug 10, 1994
Sold by
Amick Bruce E and Amick Lisa A
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
8.91%
Source: Public Records

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
Chuang Family Trust -- --
Gomez Norma Cecilia Martinez $1,000,000 Chicago Title Company
Nusbaum Lawrence -- Fidelity National Title Co
Nusbaum Lawrence -- Fidelity National Title Comp
Nusbaum Lawrence -- First American Title Co
Nusbaum Lawrence $120,000 American Title Insurance Co
Federal National Mortgage Association $154,135 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Norma Cecilia Martinez $850,000
Previous Owner Nusbaum Lawrence $302,500
Previous Owner Nusbaum Lawrence $250,000
Previous Owner Nusbaum Lawrence $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,000,000 -- --
04/15/2021 04/15/21 Sold $1,000,000 +5.4% $872 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $949,000 -- $827 / 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
2025 $15,474 $1,075,420 $324,726 $757,694
2024 $15,474 $1,054,200 $318,360 $742,840
2023 $15,197 $1,040,400 $312,120 $728,280
2022 $14,907 $1,020,000 $306,000 $714,000
2021 $4,982 $186,205 $55,861 $130,344
2020 $5,020 $184,297 $55,289 $129,008
2019 $4,790 $180,683 $54,205 $126,478
2018 $4,668 $177,141 $53,142 $123,999
2017 $4,477 $173,668 $52,100 $121,568
2016 $4,276 $170,264 $51,079 $119,185
2015 $4,197 $167,707 $50,312 $117,395
2014 $4,129 $164,421 $49,326 $115,095
Source: Public Records

Agents Affiliated with this Home

  • Devin Ratoosh

    Seller's Agent in 2021

    Devin Ratoosh

    Red Oak Realty

    (510) 919-5499

    8 in this area

    179 Total Sales

    Devin Ratoosh
    Section Image
  • David A. Ratoosh

    Seller Co-Listing Agent in 2021

    David A. Ratoosh

    Red Oak Realty

    (510) 527-5500

    6 in this area

    104 Total Sales

    David A. Ratoosh
    Section Image

  • S

    Buyer's Agent in 2021

    Saraya Motley

    Compass

See All Agents

Map

Source: bridgeMLS

MLS Number: 40938135

bridgeMLS

APN: 054-1726-004-00

California Alameda County Berkeley 94703 South Berkeley

2738 Martin Luther King jr Way, Berkeley, CA

This home is located at 2738 Martin Luther King jr Way, Berkeley, CA 94703 since 17 February 2021 and is currently estimated at $1,142,169, approximately $995 per square foot. This property was built in 1927. 2738 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

bridgeMLS Bay East 2025. CCAR 2025. bridgeMLS 2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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