NOT LISTED FOR SALE

2917 Martin Luther King jr Way Berkeley, CA 94703

South Berkeley Neighborhood

Estimated Value: $1,471,000 - $2,001,404

5 Beds
3 Baths
3,275 Sq Ft
$522/Sq Ft Est. Value

Last Sold September 04, 2019

Last sale price $1,500,000 $458 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $11,544/month

14 Days on Market

Highlights

  • No HOA
  • 5-minute walk to Ashby Station
  • Cooling Available
  • Malcolm X Elementary School Rated A
  • Double Pane Windows
  • 1-minute walk to Grove Park

About This Home

As of September 2019

This duplex currently has one unit rented - the tenant would like to stay if possible. The rent in that unit is $4,000. The seller lived in the lower unit and it is currently vacant. Both units have washer, dryer, stove and refrigerator. Need to give current tenant a 24 hour notice to show. Located 1/2 mile from BART, .8 mile from Berkeley High School and 1 1/2 miles from UC Berkeley.

Last Listed By

Brooke Abbasi

Kw Advisors East Bay License #01416240 Listed on: 07/17/2019

Kw Advisors East Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,893

Year Built

  • Built in 1906

Lot Details

  • 4,900 Sq Ft Lot
  • Rectangular Lot
  • Back and Front Yard

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Composition Shingle

Interior Spaces

  • Double Pane Windows

Flooring

  • Partially Carpeted
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Satellite Dish

Community Details

  • No Home Owners Association
  • 3,275 Sq Ft Building
  • Bay East Association

Listing and Financial Details

  • Assessor Parcel Number 53159928

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,893

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: Between Ashby and Russel on MLK, Jr.
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Partial Carpeting
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater
  • Other Equipment: Satellite Dish
  • Total Bedrooms: 5
  • Fireplace: No
  • Window Features: Double Pane Windows

Exterior Features

  • Lot Features: Regular
  • Construction Type: Composition Shingles
  • Exterior Features: Back Yard, Front Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Cable TV, Wired For
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 4900
  • Parcel Number: 53159928
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2019
Closed on
Aug 28, 2019
Sold by
Malik Shahid
Bought by
Singh Gill Sukhkiran and Gill Paramjit Kaur
Seller's Agent
Brooke Abbasi
Kw Advisors East Bay
Buyer's Agent
Brooke Abbasi
Kw Advisors East Bay
List Price
$1,268,888
Sold Price
$1,500,000
Premium/Discount to List
$231,112
18.21%
Total Days on Market
14
Current Estimated Value
$1,708,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,101
Avg. Annual Appreciation
2.38%
Original Mortgage
$1,200,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2005
Sold by
Whitcome Dona and Estate Of Robert Davidson
Bought by
Malik Shahid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2005
Sold by
Bilqees Tahira
Bought by
Malik Shahid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

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 Buyer Sale Price Title Company
Singh Gill Sukhkiran $1,500,000 Placer Title Company
Malik Shahid $700,000 First American Title Company
Malik Shahid -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gill Sukhkiran Singh $1,330,000
Closed Singh Gill Sukhkiran $1,200,000
Previous Owner Malik Shahid $100,000
Previous Owner Malik Shahid $250,000
Previous Owner Malik Shahid $560,000
Previous Owner Malik Shahid $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,500,000 -- --
09/04/2019 09/04/19 Sold $1,500,000 +18.2% $458 / Sq Ft
07/31/2019 07/31/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $1,268,888 -- $387 / Sq Ft
Source: Bay East 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
2024 $24,893 $1,608,284 $482,485 $1,125,799
2023 $24,384 $1,576,754 $473,026 $1,103,728
2022 $23,954 $1,545,840 $463,752 $1,082,088
2021 $24,020 $1,515,540 $454,662 $1,060,878
2020 $22,712 $1,500,000 $450,000 $1,050,000
2019 $15,370 $942,268 $257,247 $685,021
2018 $15,088 $923,799 $252,205 $671,594
2017 $14,570 $905,692 $247,262 $658,430
2016 $14,016 $887,939 $242,415 $645,524
2015 $13,818 $874,608 $238,776 $635,832
2014 $13,776 $857,478 $234,099 $623,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40874583

Bay East Association of REALTORS®

APN: 053-1599-028-00