NOT LISTED FOR SALE

2816 Martin Luther King jr Way Berkeley, CA 94703

South Berkeley Neighborhood

Estimated Value: $1,147,000 - $1,721,407

4 Beds
2 Baths
2,119 Sq Ft
$637/Sq Ft Est. Value

Last Sold September 13, 2022

Last sale price $1,200,000 $566 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,155/month

21 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Security Gate
  • Malcolm X Elementary School Rated A
  • Tandem Parking
  • 1-minute walk to Grove Park

About This Home

As of September 2022

Asking only $1.2MM in an area where duplexes average $1.35MM, South Berkeley’s 2816 Martin Luther King Jr Way is a property no investor should ignore. This is a generously sized duplex, with each unit occupying its own floor & offering an average of 1,000 sq.ft. of livable space. A massive backyard & sun-soaked deck greatly expand the perceived size of each unit, given Berkeley’s idyllic year-round climate. More importantly for prospective buyers, the large rear offers undeniable ADU potential, which will increase the value of this purchase long term. Of course, the real value here is in the property’s location—1.5 miles for UC Berkeley, minutes from downtown, three blocks from BART, and one block from Grove Park. The pedestrian-friendly nature of 2816 MLK Way, coupled with its easy access to the best Berkeley has to offer, makes this property very appealing. Its proximity to anything a tenant could want ensures the new owners will be able to secure top-tier rents with ease.

Last Agent to Sell the Property

Joey Wang

Keller Williams Realty License #01890931 Listed on: 07/28/2022

Keller Williams Realty

Last Buyer's Agent

OUT OF AREA OUT

OUT OF AREA - NON MEMBER License #88888888

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,997

Year Built

  • Built in 1906

Lot Details

  • 4,821 Sq Ft Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Garden
  • Back Yard Fenced

Home Design

  • Duplex
  • Frame Construction
  • Wood Siding

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Tandem Parking
  • On-Street Parking
  • Uncovered Parking

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 2,119 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 53167713

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,997

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Year Built: 1906
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Directions: Oregon St right to MLK Jr Way
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile, Vinyl, Carpet
  • Basement: Storage Space, Unfinished
  • Appliances: Dryer, Washer, Gas Water Heater
  • Total Bedrooms: 4
  • Interior Amenities: Storage, Storage Area(s)

Exterior Features

  • Fencing: Partial Fence, Fenced, Back Yard
  • Lot Features: Back Yard, Garden, Landscape Front, Paved, Security Gate, Landscape Back
  • Construction Type: Frame, Wood Siding
  • Exterior Features: Back Yard, Garden, Landscape Back, Landscape Front, Yard Space

Garage/Parking

  • Attached Garage: No
  • Parking Features: Space Per Unit - 1, Tandem, On Street, Uncovered Parking Space, Street Parking

Utilities

  • Heating: Natural Gas, Wall Furnace
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Laundry Features: Dryer, In Basement, Washer
  • Security: Carbon Monoxide Detector(s), Security Gate, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4821
  • Parcel Number: 53167713
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Tract: 4234

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 9, 2022
Sold by
Alfredo Morales
Bought by
Denherder Debra
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$1,200,000
Sold Price
$1,200,000
Views
12
Current Estimated Value
$1,349,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,602
Avg. Annual Appreciation
4.32%
Original Mortgage
$960,000
Outstanding Balance
$923,842
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$425,760

Purchase Details

Listed on
Jul 28, 2022
Closed on
Sep 6, 2022
Sold by
Le Kristha A and Revocab William
Bought by
Denherder Debra
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
List Price
$1,200,000
Sold Price
$1,200,000
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$923,842
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$425,760

Purchase Details

Closed on
Dec 30, 2013
Sold by
Le Kristha A and White William G
Bought by
Le Kristha A and White William G

Purchase Details

Closed on
May 19, 1998
Sold by
C 21 Baldini Realty Inc
Bought by
White William G and Lee Kristha A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 8, 1997
Sold by
Wheat Harry and Wheat Henry
Bought by
Greer Greg and Jaffe Jill
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
Denherder Debra -- Fidelity National Title
Denherder Debra $1,200,000 Fidelity National Title
Le Kristha A -- None Available
White William G $260,000 Fidelity National Title Co
Greer Greg $112,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Denherder Debra $960,000
Previous Owner Le Kristha A $215,000
Previous Owner White William G $90,000
Previous Owner White William G $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,200,000 -- --
09/13/2022 09/13/22 Sold $1,200,000 0.0% $566 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $1,200,000 -- $566 / 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 $19,997 $1,224,000 $367,200 $856,800
2023 $19,534 $1,200,000 $360,000 $840,000
2022 $9,787 $391,193 $117,358 $273,835
2021 $9,763 $383,523 $115,057 $268,466
2020 $9,123 $379,591 $113,877 $265,714
2019 $8,618 $372,150 $111,645 $260,505
2018 $8,412 $364,854 $109,456 $255,398
2017 $8,101 $357,701 $107,310 $250,391
2016 $7,715 $350,690 $105,207 $245,483
2015 $7,580 $345,422 $103,626 $241,796
2014 $7,549 $338,657 $101,597 $237,060
Source: Public Records

Agents Affiliated with this Home

  • Joey Wang

    Seller's Agent in 2022

    Joey Wang

    Keller Williams Realty

    (510) 592-5554

    13 in this area

    144 Total Sales

    Joey Wang
    Section Image

  • O

    Buyer's Agent in 2022

    OUT OF AREA OUT

    OUT OF AREA - NON MEMBER

See All Agents

Map

Source: bridgeMLS

MLS Number: 41003342

bridgeMLS

APN: 053-1677-013-00

California Alameda County Berkeley 94703 South Berkeley

2816 Martin Luther King jr Way, Berkeley, CA

This home is located at 2816 Martin Luther King jr Way, Berkeley, CA 94703 since 28 July 2022 and is currently estimated at $1,349,602, approximately $636 per square foot. This property was built in 1906. 2816 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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