NOT LISTED FOR SALE

2924 Florence St Berkeley, CA 94705

Elmwood Neighborhood

Estimated Value: $1,649,000 - $1,763,000

5 Beds
4 Baths
3,598 Sq Ft
$472/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $1,620,000 $450 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,397/month

15 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Tankless Water Heater
  • Emerson Elementary School Rated A
  • Fireplace
  • 4-minute walk to Halcyon Commons Park

About This Home

As of May 2021

This property is a terrific owner occupied investment opportunity with one completely renovated unit, located in Berkeley's prestigious Elmwood neighborhood. This property is ten minutes walking distance from UC Berkeley campus, 15 minutes walk to Ashby BART, seven minute drive to Downtown Berkeley, which provides a selection of over 150 restaurants and bars, as the heart of Berkeley's diverse culture and nightlife. It is only one block away from Whole Foods, making grocery shopping a breeze. Easy walk to the Elmwood Shopping District with several great restaurants, shopping, and Wells Fargo Bank. Alta Bates Hospital is around the corner of this property, which is perfect location for healthcare workers and professionals. The owners unit is newly renovated with brand new amenities, such as granite counter tops, washer-dryer, double door refrigerator, new marble floors, fresh high quality paint, marble fireplace, etc. The owner at 2941 Telegraph Ave has First Right of Refusal.

Last Agent to Sell the Property

Bing Udinsky

BING REALTY License #01876139 Listed on: 02/16/2021

Last Buyer's Agent

Jalil Jaber

Compass License #02045616

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,222

Year Built

  • Built in 1928

Lot Details

  • 5,980 Sq Ft Lot
  • Back and Front Yard

Home Design

  • Quadruplex
  • Frame Construction
  • Stucco

Interior Spaces

  • Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Lot
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 3,598 Sq Ft Building
  • Bridge Aor Association
  • Elmwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5215727

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,222

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Year Built: 1928
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.14
  • Subdivision Name: ELMWOOD
  • Directions: Ashby and Florence
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Basement: None
  • Appliances: Dryer, Washer, Gas Water Heater, Tankless Water Heater
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Lot Features: Level
  • View: None
  • View: No
  • Construction Type: Stucco, Frame
  • Exterior Features: Back Yard, Front Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street, Parking Lot

Utilities

  • Heating: Wall Furnace
  • Utilities: All Public Utilities, Individual Electric Meter, Individual Gas Meter
  • Cooling: No Air Conditioning
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 5980
  • Parcel Number: 5215727
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 27, 2023
Sold by
Nasan Ganchimeg and Munkhbayar Samba
Bought by
Nasan Samba Family Trust and Nasan
Current Estimated Value
$1,698,130

Purchase Details

Listed on
Feb 16, 2021
Closed on
May 14, 2021
Sold by
Alcatraz475 Lp
Bought by
Nasan Ganchimeg and Munkhbayar Samba
Seller's Agent
Bing Udinsky
BING REALTY
Buyer's Agent
Jalil Jaber
Compass
List Price
$1,799,900
Sold Price
$1,620,000
Premium/Discount to List
-$179,900
-9.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$1,215,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2020
Sold by
Dana25oo Lp
Bought by
Alcatraz475 Lp

Purchase Details

Closed on
Aug 12, 2016
Sold by
Udinsky Jerald and Udinsky Bing
Bought by
Dana2500 Lp

Purchase Details

Closed on
Nov 23, 2015
Sold by
Udinsky Jerald and Udinsky Bing
Bought by
The Udinsky Family Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$801,950
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2015
Sold by
Reliable Partner Llc
Bought by
Udinsky Jerald and Udinsky Bing

Purchase Details

Closed on
Dec 20, 2012
Sold by
Udinsky Jerald and Udinsky Bing
Bought by
Dana2500 Lp

Purchase Details

Closed on
Feb 5, 2007
Sold by
Udinsky Jerald and Udinsky Jerald H
Bought by
Udinsky Jerald and Udinsky Bing

Purchase Details

Closed on
Dec 16, 1997
Sold by
Udinsky Jerald H
Bought by
Udinsky Jerald H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,150
Interest Rate
5.25%
Source: Public Records

Range of Values:

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Average Value
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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
Nasan Samba Family Trust -- None Listed On Document
Nasan Ganchimeg $1,620,000 Fidelity National Title Co
Alcatraz475 Lp -- Accommodation
Dana2500 Lp -- Accommodation
The Udinsky Family Revocable Trust -- North American Title Company
Udinsky Jerald -- None Available
Reliable Partner Llc -- None Available
Dana2500 Lp -- None Available
Udinsky Jerald -- None Available
Udinsky Jerald H -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nasan Ganchimeg $1,215,000
Previous Owner The Udinsky Family Revocable Trust $801,950
Previous Owner Udinsky Jerald H $340,000
Previous Owner Udinsky Jerald $363,000
Previous Owner Udinsky Jerald H $353,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,620,000 -- --
05/18/2021 05/18/21 Sold $1,620,000 -4.7% $450 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $1,699,900 -5.6% $472 / Sq Ft
02/16/2021 02/16/21 For Sale $1,799,900 -- $500 / 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 $24,222 $1,500,000 $450,000 $1,050,000
2023 $22,952 $1,407,600 $422,200 $985,400
2022 $25,832 $1,530,000 $459,000 $1,071,000
2021 $9,655 $321,595 $96,478 $225,117
2020 $8,841 $318,298 $95,489 $222,809
2019 $8,170 $312,058 $93,617 $218,441
2018 $7,964 $305,941 $91,782 $214,159
2017 $18,576 $1,200,000 $450,000 $750,000
2016 $7,197 $294,061 $88,218 $205,843
2015 $7,070 $289,646 $86,894 $202,752
2014 -- $283,974 $85,192 $198,782
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bing Udinsky

    BING REALTY

    Section Image

  • J

    Buyer's Agent in 2021

    Jalil Jaber

    Compass

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Map

Source: bridgeMLS

MLS Number: 40938012

bridgeMLS

APN: 052-1572-007-00

California Alameda County Berkeley 94705 Elmwood

2924 Florence St, Berkeley, CA

This home is located at 2924 Florence St, Berkeley, CA 94705 since 16 February 2021 and is currently estimated at $1,698,130, approximately $471 per square foot. This property was built in 1928. 2924 Florence St is a home located in Alameda County with nearby schools including Emerson Elementary School, Malcolm X 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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