NOT LISTED FOR SALE

3114 Martin Luther King jr Way Berkeley, CA 94703

South Berkeley Neighborhood

Estimated Value: $1,248,000 - $1,467,000

4 Beds
4 Baths
2,530 Sq Ft
$535/Sq Ft Est. Value

Last Sold December 31, 2021

Last sale price $1,200,000 $474 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $9,180/month

160 Days on Market

Highlights

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

About This Home

As of December 2021

Great investment opportunity 4 residential units! Great location! One block from the Ashby BART station, minutes from Berkeley Bowl! All units are tenant-occupied. Taking offers as they come.

Last Agent to Sell the Property

Grace Sun

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

Compass

Last Buyer's Agent

Roxanne Barrionuevo

De Novo Real Estate License #01897405

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,075

Year Built

  • Built in 1922

Lot Details

  • 3,527

Parking

  • Attached Garage

Home Design

  • Quadruplex
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 3,527 Sq Ft Lot
  • Gravity Heating System

Community Details

  • No Home Owners Association
  • 2,530 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 52155092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,075

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Year Built: 1922
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.08
  • Directions: Ashby to Martin Luther King Jr. Way
  • Carport Y N: No
  • Garage Yn: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Other
  • Basement: None
  • Other Equipment: None
  • Total Bedrooms: 4

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached

Utilities

  • Heating: Gravity
  • 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: 3527
  • Parcel Number: 52155092
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Dec 28, 2021
Sold by
Yu Gordon
Bought by
Zhang Cindy
Seller's Agent
Grace Sun
Compass
Buyer's Agent
Roxanne Barrionuevo
De Novo Real Estate
List Price
$1,198,000
Sold Price
$1,200,000
Premium/Discount to List
$2,000
0.17%
Current Estimated Value
$1,352,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,833
Avg. Annual Appreciation
3.50%
Original Mortgage
$900,000
Outstanding Balance
$837,888
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$514,945

Purchase Details

Listed on
Jun 24, 2021
Closed on
Dec 20, 2021
Sold by
Zhang Yi
Bought by
Zhang Cindy
Seller's Agent
Grace Sun
Compass
Buyer's Agent
Roxanne Barrionuevo
De Novo Real Estate
List Price
$1,198,000
Sold Price
$1,200,000
Premium/Discount to List
$2,000
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$837,888
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$514,945

Purchase Details

Closed on
Feb 8, 2019
Sold by
Clayton Lottye D
Bought by
Zhang Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 1998
Sold by
Momahed Mostafa
Bought by
Clayton Neal A and Clayton Lottye D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.1%

Purchase Details

Closed on
Nov 22, 1993
Sold by
Evans David L and Evans Charlotte L
Bought by
Momahed Mostafa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,600
Interest Rate
4.37%
Source: Public Records

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Range of Values:

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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 Cindy -- Old Republic Title Company
Zhang Cindy $1,200,000 Old Republic Title Company
Zhang Yi $925,000 Chicago Title Company
Clayton Neal A $245,000 First California Title Compa
Momahed Mostafa $159,500 Northwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Cindy $900,000
Previous Owner Zhang Yi $555,000
Previous Owner Clayton Neal A $311,735
Previous Owner Clayton Lottye D $303,000
Previous Owner Clayton Neal A $290,000
Previous Owner Clayton Neal A $194,100
Previous Owner Clayton Neal A $196,000
Previous Owner Momahed Mostafa $50,000
Previous Owner Momahed Mostafa $127,600
Closed Momahed Mostafa $15,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,200,000 -- --
12/31/2021 12/31/21 Sold $1,200,000 +3.8% $474 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/30/2021 11/30/21 Price Changed $1,156,000 -3.5% $457 / Sq Ft
06/24/2021 06/24/21 For Sale $1,198,000 -- $474 / 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 $20,075 $1,248,480 $374,544 $873,936
2023 $19,655 $1,224,000 $367,200 $856,800
2022 $19,291 $1,200,000 $360,000 $840,000
2021 $16,536 $953,268 $463,752 $489,516
2020 $15,563 $943,500 $459,000 $484,500
2019 $7,861 $350,680 $105,204 $245,476
2018 $7,680 $343,805 $103,141 $240,664
2017 $7,378 $337,065 $101,119 $235,946
2016 $6,987 $330,457 $99,137 $231,320
2015 $6,873 $325,494 $97,648 $227,846
2014 $7,033 $319,118 $95,735 $223,383
Source: Public Records

Agents Affiliated with this Home

  • Grace Sun

    Seller's Agent in 2021

    Grace Sun

    Compass

    (626) 500-7082

    9 in this area

    40 Total Sales

    Grace Sun
    Section Image
  • Roxanne Barrionuevo

    Buyer's Agent in 2021

    Roxanne Barrionuevo

    De Novo Real Estate

    (925) 683-1469

    1 in this area

    57 Total Sales

    Roxanne Barrionuevo
    Section Image
See All Agents

Map

Source: bridgeMLS

MLS Number: 40955959

bridgeMLS

APN: 052-1550-009-02

California Alameda County Berkeley 94703 South Berkeley

3114 Martin Luther King jr Way, Berkeley, CA

This home is located at 3114 Martin Luther King jr Way, Berkeley, CA 94703 since 24 June 2021 and is currently estimated at $1,352,833, approximately $534 per square foot. This property was built in 1922. 3114 Martin Luther King jr Way is a home located in Alameda County with nearby schools including Malcolm X Elementary School, Emerson 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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