Seller's Agent in 2022
Joey Wang
Keller Williams Realty
(510) 592-5554
14 in this area
137 Total Sales
2816 Martin Luther King jr Way Berkeley, CA 94703
South Berkeley NeighborhoodEstimated Value: $1,211,000 - $1,560,389
4
Beds
2
Baths
2,119
Sq Ft
$630/Sq Ft
Est. Value
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 2022Asking 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.
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
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
Total Days on Market
21
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,597
Avg. Annual Appreciation
4.55%
Original Mortgage
$960,000
Outstanding Balance
$926,327
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$423,680
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
$926,327
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$423,680
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
O
Buyer's Agent in 2022
OUT OF AREA OUT
OUT OF AREA - NON MEMBER
Map
Similar Homes in the area
Source: bridgeMLS
MLS Number: 41003342
APN: 053-1677-013-00
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.
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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