$995,000
OPEN SAT 10AM - 12PM

3040 Martin Luther King jr Way Berkeley, CA 94703

South Berkeley Neighborhood

Estimated payment $6,597/month

Total Views 1,159
2 Beds
1 Bath
1,353 Sq Ft
$735 Price per Sq Ft

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).

Open House Schedule

  • Saturday, June 21, 2025
    10:00 am to 12:00 pm
    6/21/2025 10:00:00 AM +00:00
    6/21/2025 12:00:00 PM +00:00
  • Sunday, June 22, 2025
    2:00 to 4:30 pm
    6/22/2025 2:00:00 PM +00:00
    6/22/2025 4:30:00 PM +00:00

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

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
06/11/2025 06/11/25 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: 41100933

bridgeMLS

APN: 053-1601-015-00