$995,000
PENDING

3040 Martin Luther King jr Way Berkeley, CA 94703

South Berkeley Neighborhood

Estimated payment $6,559/month

Total Views 2,494
-- Bed
-- Bath
1,353 Sq Ft
$735 Price per Sq Ft

Highlights

  • Wood Flooring
  • 2-minute walk to Ashby Station
  • Forced Air Heating System
  • Malcolm X Elementary School Rated A
  • No HOA
  • 5-minute walk to Greg Brown Park

About This Home

Classic Berkeley brown-shingle bungalow filled with warmth and character. This two-bedroom, one-bathroom home features inviting living spaces, including a welcoming entry, comfortable living room, formal dining room, and spacious kitchen perfect for hosting and everyday life. A wraparound deck creates a private outdoor retreat, ideal for morning coffee, outdoor dining, or entertaining under the stars. The West facing backyard and sunny front yard offer space for gardening, play, or the potential to add an extra unit (or more?), providing flexibility for future plans. A dedicated laundry room adds convenience, while the location makes commuting a breeze—just minutes from Ashby BART, AC Transit, freeways, Berkeley Bowl, Alcatraz Avenue, and the South Berkeley Farmers’ Market. Parks like Grove Park and San Pablo Park are nearby for recreation, while Downtown Berkeley, UC Berkeley, and the city's dynamic arts and culture scene are all within easy reach. A wonderful home and an exciting opportunity to build an additional unit(s).

Listing Agent

Carrie McAlister

Kw Advisors East Bay License #01464959 Listed on: 06/16/2025

Kw Advisors East Bay

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,452

Year Built

  • Built in 1901

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Composition Shingle Roof
  • Wood Shingle Exterior

Flooring

  • Wood
  • Laminate
  • Tile

Laundry

  • Dryer
  • Washer

Additional Features

  • 6,100 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 53160115

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,452

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Year Built: 1901
  • Property Sub Type: 2HOUSES-1LOT
  • Prop. Type: Residential Income
  • Directions: Ashby to MLK
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile, Wood
  • Appliances: Dryer, Washer

Exterior Features

  • Roof: Composition Shingles
  • Lot Features: 2 Houses / 1 Lot
  • Construction Type: Wood Shingles

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Forced Air
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6100
  • Parcel Number: 53160115

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $12,452 $661,567 $271,629 $389,938
2023 $12,113 $648,596 $266,303 $382,293
2022 $11,792 $635,882 $261,083 $374,799
2021 $11,791 $623,415 $255,964 $367,451
2020 $11,096 $617,026 $253,341 $363,685
2019 $10,573 $604,931 $248,375 $356,556
2018 $10,366 $593,072 $243,506 $349,566
2017 $9,968 $581,443 $238,731 $342,712
2016 $9,783 $570,045 $234,051 $335,994
2015 $10,086 $561,486 $230,537 $330,949
2014 $10,101 $550,487 $226,021 $324,466
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2025 06/25/25 Pending -- -- --
06/16/2025 06/16/25 For Sale $995,000 -- $735 / Sq Ft
Source: bridgeMLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- North American Title Co Inc
Interfamily Deed Transfer -- North American Title
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed $1,098,000 Old Republic Title Company
Grant Deed $208,500 Financial Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $416,000 Adjustable Rate Mortgage/ARM
Closed $416,000 New Conventional
Previous Owner $1,198,200 Commercial
Previous Owner $417,000 Commercial
Previous Owner $417,000 Commercial
Previous Owner $190,000 Commercial
Previous Owner $121,000 Commercial
Previous Owner $123,000 Commercial
Source: Public Records

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Source: bridgeMLS

MLS Number: 41101585

bridgeMLS

APN: 053-1601-015-00