NOT LISTED FOR SALE

3869 Martin Luther King jr Way Oakland, CA 94609

Longfellow Neighborhood

Estimated Value: $1,148,000 - $1,489,543

5 Beds
2 Baths
2,697 Sq Ft
$487/Sq Ft Est. Value

About This Home

This home is located at 3869 Martin Luther King jr Way, Oakland, CA 94609 and is currently estimated at $1,313,136, approximately $486 per square foot. 3869 Martin Luther King jr Way is a home located in Alameda County with nearby schools including Emerson Elementary School, Westlake Middle School, and McClymonds High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2019
Sold by
Asmara Mlk Llc
Bought by
Ghebremicael Asmerom
Current Estimated Value
$1,313,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$882,000
Outstanding Balance
$818,568
Interest Rate
7.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$494,568

Purchase Details

Closed on
Aug 9, 2018
Sold by
Ghebremicael Asmerom Berhe
Bought by
Asmara Mlk Llc

Purchase Details

Closed on
Feb 15, 2018
Sold by
Hartog John A and Estate Of Antonio Clements
Bought by
Ghebremicael Asmerom Berhe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,300,000
Interest Rate
4.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 13, 2013
Sold by
Clements Lillie
Bought by
Clements Antonio

Purchase Details

Closed on
Jul 16, 2004
Sold by
Clements Lillie M and Clements Joseph A
Bought by
Clements Lillie M and Clements Joseph A
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Ghebremicael Asmerom -- Old Republic Title Company
Asmara Mlk Llc -- None Available
Ghebremicael Asmerom Berhe $1,250,000 Old Republic Title Company
Clements Antonio -- None Available
Clements Lillie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghebremicael Asmerom $882,000
Previous Owner Ghebremicael Asmerom Berhe $1,300,000
Previous Owner Ghebremicael Asmerom Berhe $100,000
Previous Owner Clements Lillie M $7,500
Previous Owner Clements Joseph A $15,500
Previous Owner Clements Joseph A $17,300
Previous Owner Clements Joseph A $90,000
Source: Public Records

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
2025 $20,159 $1,394,374 $418,312 $976,062
2024 $20,159 $1,367,037 $410,111 $956,926
2023 $20,812 $1,340,237 $402,071 $938,166
2022 $20,420 $1,313,961 $394,188 $919,773
2021 $19,437 $1,288,200 $386,460 $901,740
2020 $19,350 $1,275,000 $382,500 $892,500
2019 $18,598 $1,250,000 $375,000 $875,000
2018 $3,965 $190,221 $57,066 $133,155
2017 $3,764 $186,492 $55,947 $130,545
2016 $3,570 $182,836 $54,851 $127,985
2015 $3,545 $180,090 $54,027 $126,063
2014 $3,582 $176,564 $52,969 $123,595
Source: Public Records

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