NOT LISTED FOR SALE

280 Panoramic Way Berkeley, CA 94704

Estimated Value: $431,000 - $3,617,000

3 Beds
5 Baths
4,169 Sq Ft
$485/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $3,000,000 $720 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $11,812/month

44 Days on Market

Highlights

  • Views of Golden Gate Bridge
  • Custom Home
  • Family Room with Fireplace
  • Emerson Elementary School Rated A
  • Updated Kitchen
  • Wood Flooring

About This Home

As of May 2019

Open the gate and enter your own private paradise! Home is beautifully sited on 3 parcels that wrap around the home, providing a park-like setting with privacy and serenity. There are spacious natural lawn areas, gardens, room to play, to dream and get away from it all, a tennis court and stupendous Bay views! The house itself is a treasure...comfortable and elegant and designed with practicality in mind. There is a classic paneled library with fireplace, a sun-room overlooking the grounds, a cozy family room with river rock fireplace adjacent to the eat-in chef's kitchen. The master bedroom suite is beautiful, luxurious and looks directly out to the Golden Gate Bridge. A dramatic attic room offers a Tahoe-like place for exercise, television, children's play and star gazing. While secluded and private, there is easy access to hiking trails, close to BART and the Trans-bay Express bus, tennis clubs, U.C. Berkeley and fine restaurants. One-of-a-kind!

Last Listed By

Faye Keogh

THE GRUBB CO. INC. License #00988354 Listed on: 03/20/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,438

Year Built

  • Built in 1912

Lot Details

  • 0.81 Acre Lot
  • Fenced
  • Corner Lot
  • Irregular Lot
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Property Views

  • Bay
  • Golden Gate Bridge
  • San Francisco
  • Bridge
  • City Lights
  • Woods
  • Trees
  • Hills

Home Design

  • Custom Home
  • Shingle Roof
  • Wood Shingle Exterior

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Stone Fireplace
  • Family Room with Fireplace
  • 2 Fireplaces
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Library
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Double Oven
  • Indoor Grill
  • Free-Standing Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • Solar owned by seller

Utilities

  • No Cooling
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Not Listed Subdivision

Listing and Financial Details

  • Assessor Parcel Number 55185947

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,438

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1912
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.805
  • Subdivision Name: Not Listed
  • Directions: Prospect to Panoramic
  • Architectural Style: Custom
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Three or More Stories
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood
  • Basement: Full
  • Appliances: Dishwasher, Double Oven, Disposal, Grill Built-in, Plumbed For Ice Maker, Microwave, Free-Standing Range, Refrigerator, Trash Compactor, Dryer, Gas Water Heater
  • Other Equipment: Satellite Dish
  • Accessibility Features: None
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Family Room, Gas Starter, Living Room, Other, Stone, Wood Burning
  • Fireplaces: 2
  • Fireplace: Yes
  • Interior Amenities: Bonus/Plus Room, Formal Dining Room, Kitchen/Family Combo, Library, Office, Storage, Stone Counters, Eat-in Kitchen, Kitchen Island, Pantry, Updated Kitchen
  • Window Features: Window Coverings
  • Room Kitchen Features: Counter - Stone, Dishwasher, Double Oven, Eat In Kitchen, Garbage Disposal, Grill Built-in, Ice Maker Hookup, Island, Microwave, Pantry, Other, Range/Oven Free Standing, Refrigerator, Trash Compactor, Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Lot Features: Corner Lot, Irregular Lot
  • Pool Features: None
  • Pool Private: No
  • View: Bay, Bay Bridge, City Lights, Golden Gate Bridge, Hills, San Francisco, Trees/Woods
  • View: Yes
  • Construction Type: Wood Shingles
  • Exterior Features: Back Yard, Front Yard, Garden/Play, Side Yard, Sprinklers Automatic, Other
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Detached, Garage Door Opener

Utilities

  • Heating: Zoned, Natural Gas
  • Cooling: None
  • Laundry Features: Dryer, In Basement, Washer
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: Photovoltaics Seller Owned
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 35084
  • Parcel Number: 55185947
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 17, 2019
Sold by
Schrag 1986 Revocable Trust
Bought by
Grewal David S and Cammack Daniela L
Seller's Agent
Faye Keogh
THE GRUBB CO. INC.
Buyer's Agent
Corey Weinstein
Vanguard Properties
List Price
$3,900,000
Sold Price
$3,000,000
Premium/Discount to List
-$900,000
-23.08%
Total Days on Market
44
Current Estimated Value
$2,024,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$976,000
Avg. Annual Appreciation
-5.62%
Original Mortgage
$2,400,000
Outstanding Balance
$2,136,197
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
-$6,697

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
Grewal David S $3,000,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grewal David S $2,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $3,000,000 -- --
05/28/2019 05/28/19 Sold $3,000,000 +1.7% $720 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/23/2019 04/23/19 Price Changed $2,950,000 -18.1% $708 / Sq Ft
04/09/2019 04/09/19 Price Changed $3,600,000 -7.7% $864 / Sq Ft
03/20/2019 03/20/19 For Sale $3,900,000 -- $935 / 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 $6,438 $519,473 $508,537 $10,936
2023 $6,316 $509,289 $498,568 $10,721
2022 $6,248 $499,305 $488,794 $10,511
2021 $6,331 $489,515 $479,210 $10,305
2020 $6,299 $484,500 $474,300 $10,200
2019 $1,791 $108,509 $105,009 $3,500
2018 $1,760 $106,382 $102,951 $3,431
2017 $1,658 $104,296 $100,932 $3,364
2016 $1,617 $102,251 $98,953 $3,298
2015 $1,596 $100,715 $97,467 $3,248
2014 $1,544 $98,743 $95,558 $3,185
Source: Public Records

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Source: bridgeMLS

MLS Number: 40857573

bridgeMLS

APN: 055-1859-049-00