NOT LISTED FOR SALE

2906 Newbury St Berkeley, CA 94703

South Berkeley Neighborhood

Estimated Value: $1,456,000 - $1,660,000

-- Bed
4 Baths
2,820 Sq Ft
$561/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $1,640,000 $582 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,857/month

13 Days on Market

About This Home

As of November 2024

Nestled in the heart of a sought after Berkeley neighborhood, this well maintained 4 unit building offers a prime investment opportunity. Each unit features 2 bedrooms and 1 bath. The property boasts updated systems, Each unit comes with a dedicated parking. Current rents are excellent making it a strong income producing property. Walk to Berkeley Bowl Grocery, Shattuck Ave and Grove park.

Last Agent to Sell the Property

Sevan Kevorkian

Remax Prestigious Properties License #DRE #01290994 Listed on: 10/10/2024

Remax Prestigious Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 3,840 Sq Ft Lot

Home Design

  • 2,820 Sq Ft Home
  • Quadruplex

Parking

  • 4 Parking Spaces
  • Open Parking

Listing and Financial Details

  • Assessor Parcel Number 053-1591-004

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Year Built: 1961
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 581.56
  • Square Footage: 2820.00

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 4.00

Lot Info

  • Assessor Parcel Number: 053-1591-004
  • Lot Features: None
  • Lot Size Acres: 0.0882
  • Lot Size Sq Ft: 3840.00
  • Lot Size Units: SqFt
  • Price Per Acre: 18594104.31

Rental Info

  • Units Furnished: None

Multi Family

  • Gross Rent Multiplier: 149.66
  • Number Of2 Bedrooms Occupied: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Nov 15, 2024
Sold by
Premont Claire and Chaussat Pierre
Bought by
Premont-Chaussat Trust and Premont
Seller's Agent
Sevan Kevorkian
Remax Prestigious Properties
List Price
$1,598,000
Sold Price
$1,640,000
Premium/Discount to List
$42,000
2.63%
Views
3
Current Estimated Value
$1,582,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,777
Avg. Annual Appreciation
-3.33%
Original Mortgage
$1,123,050
Outstanding Balance
$1,111,870
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$470,353

Purchase Details

Listed on
Oct 10, 2024
Closed on
Nov 4, 2024
Sold by
Frank O Brown Iii Trust and Brown Frank O
Bought by
Premont Claire and Chaussat Pierre
Seller's Agent
Sevan Kevorkian
Remax Prestigious Properties
List Price
$1,598,000
Sold Price
$1,640,000
Premium/Discount to List
$42,000
2.63%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,123,050
Outstanding Balance
$1,111,870
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$470,353

Purchase Details

Closed on
Aug 2, 2017
Sold by
Brown Frank O
Bought by
Brown Frank O and Frank O Brown Iii Trust

Purchase Details

Closed on
Oct 30, 2015
Sold by
Brown Frank O and Frank & Louise Brown Trust
Bought by
Brown Frank O

Purchase Details

Closed on
Jul 25, 2014
Sold by
Brown Frank O and Brown Louise W
Bought by
Brown Frank O and Frank & Louise Brown Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Premont-Chaussat Trust -- None Listed On Document
Premont-Chaussat Trust -- None Listed On Document
Premont Claire $1,640,000 Old Republic Title Company
Premont Claire $1,640,000 Old Republic Title Company
Brown Frank O -- None Available
Brown Frank O -- None Available
Brown Frank O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Premont Claire $1,123,050
Closed Premont Claire $1,123,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2024 11/15/24 Sold $1,640,000 +2.6% $582 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/10/2024 10/10/24 For Sale $1,598,000 -- $567 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $6,407 $1,640,000 $492,000 $1,148,000
2024 $6,407 $108,647 $60,333 $48,314
2023 $6,225 $106,517 $59,150 $47,367
2022 $6,002 $104,428 $57,990 $46,438
2021 $5,939 $102,381 $56,853 $45,528
2020 $5,349 $101,331 $56,270 $45,061
2019 $4,839 $99,345 $55,167 $44,178
2018 $4,694 $97,398 $54,086 $43,312
2017 $4,486 $95,487 $53,025 $42,462
2016 $4,143 $93,616 $51,986 $41,630
2015 $4,061 $92,210 $51,205 $41,005
2014 $4,223 $90,403 $50,202 $40,201
Source: Public Records

Agents Affiliated with this Home

  • Sevan Kevorkian

    Seller's Agent in 2024

    Sevan Kevorkian

    RE/MAX

    (415) 412-4716

    3 in this area

    26 Total Sales

    Sevan Kevorkian
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 424072606

San Francisco Association of REALTORS®

APN: 053-1591-004-00

California Alameda County Berkeley 94703 South Berkeley

2906 Newbury St, Berkeley, CA

Not Listed for Sale

MultiFamily

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