$1,640,000
SOLD NOV 15, 2024

2906 Newbury St Berkeley, CA 94703

South Berkeley Neighborhood
-- Bed
-- Bath
2,820 Sq Ft
3,840 Sq Ft Lot

Recently Sold

$582 Per Sq Ft

3% Above List Price

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 Listed By

Sevan Kevorkian

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

Remax Prestigious Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,407

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

Est. Annual Taxes

$6,407

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

  • Number Of Rooms: 16
  • 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%
Total Days on Market
13
Views
3
Current Estimated Value
$1,620,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,923
Avg. Annual Appreciation
-2.05%
Original Mortgage
$1,123,050
Outstanding Balance
$1,117,531
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$502,546

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
$1,117,531
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$502,546

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:

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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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed $1,640,000 Old Republic Title Company
Grant Deed $1,640,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,123,050 New Conventional
Closed $1,123,050 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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® MLS

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 $6,407 $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

    1 in this area

    24 Total Sales

    Sevan Kevorkian
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Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 424072606

San Francisco Association of REALTORS® MLS

APN: 053-1591-004-00

California Alameda County Berkeley 94703 South Berkeley

2906 Newbury St, Berkeley, CA

This home is located at 2906 Newbury St, Berkeley, CA 94703 and is currently priced at $1,640,000, approximately $581 per square foot. This property was built in 1961. 2906 Newbury St 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.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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