NOT LISTED FOR SALE

3110 Martin Luther King jr Way Berkeley, CA 94703

South Berkeley Neighborhood

Estimated Value: $1,042,465 - $1,282,000

5 Beds
3 Baths
2,553 Sq Ft
$453/Sq Ft Est. Value

Last Sold June 15, 2022

Last sale price $1,180,000 $462 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,115/month

260 Days on Market

Highlights

  • No HOA
  • 3-minute walk to Ashby Station
  • Heating Available
  • Malcolm X Elementary School Rated A
  • Garage
  • 4-minute walk to Greg Brown Park

About This Home

As of June 2022

Built in 1906, this Triplex is a great Investment property! Well maintained building, in a great location! All units are tenant-occupied. Good monthly rents. One block from the Ashby BART station. Just minutes to the Adeline and Shattuck Avenue shops and restaurants. Plenty of transportation and easy access to freeways. Minutes drive to Downtown Berkeley, The Gourmet Ghetto, Emeryville and Oakland. Upper unit (C) is a 3 Bedrooms, 1 Bath. The lower units (A&B) are a 1 Bedroom, 1 Bath. There is a 4-car garage in the back of the building. This Triplex is a winner!

Last Listed By

Grace Sun

Compass License #01945799 Listed on: 06/24/2021

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,058

Year Built

  • Built in 1906

Lot Details

  • 3,847

Parking

  • Garage

Home Design

  • Triplex
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 3,847 Sq Ft Lot
  • Heating Available

Community Details

  • No Home Owners Association
  • 2,553 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 52155091

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,058

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Year Built: 1906
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Directions: Martin Luther King Jr. Way to prince
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement: None
  • Appliances: Dryer, Washer
  • Total Bedrooms: 5

Exterior Features

  • Lot Features: Other
  • Construction Type: Stucco
  • Exterior Features: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage

Utilities

  • Heating: Other
  • Cooling: No Air Conditioning
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 3847
  • Parcel Number: 52155091
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Nov 19, 2018
Sold by
Clayton Lottye
Bought by
Zhang Yi
Seller's Agent
Margaret Lin
Coldwell Banker Realty
Buyer's Agent
Ton Dang
TD Real Estate
List Price
$1,050,000
Sold Price
$900,000
Premium/Discount to List
-$150,000
-14.29%
Total Days on Market
260
Current Estimated Value
$1,156,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,616
Avg. Annual Appreciation
4.18%
Original Mortgage
$540,000
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 20, 2016
Sold by
Clayton Neal and Clayton Lottye
Bought by
Clayton Lottye

Purchase Details

Closed on
Aug 27, 2002
Sold by
Bayne Gloria June
Bought by
Clayton Neal and Clayton Lottye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.37%

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
Zhang Yi $900,000 Chicago Title Company
Clayton Neal $425,000 First California Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fu Xing $944,000
Closed Zhang Yi $540,000
Previous Owner Clayton Neal $353,612
Previous Owner Clayton Neal $329,000
Previous Owner Clayton Neal $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $900,000 -- --
02/04/2025 02/04/25 Off Market $1,180,000 -- --
06/15/2022 06/15/22 Sold $1,180,000 +2.1% $462 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
01/03/2022 01/03/22 Price Changed $1,156,000 0.0% $453 / Sq Ft
01/03/2022 01/03/22 For Sale $1,156,000 0.0% $453 / Sq Ft
11/30/2021 11/30/21 Price Changed $1,156,000 -3.5% $453 / Sq Ft
06/24/2021 06/24/21 For Sale $1,198,000 +33.1% $469 / Sq Ft
11/23/2018 11/23/18 Sold $900,000 -14.3% $353 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $1,050,000 -- $411 / 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 $20,058 $1,227,671 $368,301 $859,370
2023 $19,538 $1,203,600 $361,080 $842,520
2022 $15,843 $946,052 $499,305 $446,747
2021 $15,863 $927,504 $489,516 $437,988
2020 $14,941 $918,000 $484,500 $433,500
2019 $14,277 $900,000 $475,000 $425,000
2018 $9,833 $540,947 $162,284 $378,663
2017 $9,472 $530,344 $159,103 $371,241
2016 $9,063 $519,948 $155,984 $363,964
2015 $8,929 $512,141 $153,642 $358,499
2014 $9,004 $502,111 $150,633 $351,478
Source: Public Records

Agents Affiliated with this Home

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Source: bridgeMLS

MLS Number: 40955957

bridgeMLS

APN: 052-1550-009-01