NOT LISTED FOR SALE

3869 Martin Luther King jr Way Oakland, CA 94609

Longfellow Neighborhood

Estimated Value: $1,113,000 - $1,451,123

5 Beds
2 Baths
2,697 Sq Ft
$484/Sq Ft Est. Value

Last Sold March 06, 2018

Last sale price $1,250,000 $463 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,613/month

13 Days on Market

Highlights

  • Wood Flooring
  • 4-minute walk to Macarthur Station
  • Floor Furnace
  • No HOA
  • Cooling Available
  • Fenced

About This Home

As of March 2018

Fantastic turn of the century Duplex located just 2 blocks from MacArthur BART and Temescal! Wonderful period detail including high coved ceilings, wainscotting, hardwood floors and more. Great size lot with funky cool back building that could be restored! This location is really fantastic, just across the street is the new MacArthur annex, an award winning mixed use building built out of shipping containers by famed Oakland Architect Matt Baran. Enjoy the new trendy beer garden and watch as new fun businesses open up shop. With ultra easy access to MacArthur BART, downtown SF is literally minutes away! Opportunities like this rarely come to market, don't miss this one!

Last Agent to Sell the Property

AARON BROWN

Kw Advisors East Bay License #01821230 Listed on: 11/30/2017

Kw Advisors East Bay

Last Buyer's Agent

Cheyenne Ward

District Homes License #01927689

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,159

Year Built

  • Built in 1906

Lot Details

  • 4,500 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Wood Siding

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Washer and Dryer Hookup

Utilities

  • Cooling Available
  • Floor Furnace
  • Wall Furnace

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 2,697 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 129632

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,159

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Year Built: 1906
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.1
  • Directions: 38th>MLK
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Laminate, Tile, Vinyl
  • Basement: Unfinished
  • Other Equipment: None
  • Total Bedrooms: 5
  • Fireplace: No

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • Construction Type: Wood Siding
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Heating: Floor Furnace, Wall Furnace
  • Cooling: Ceiling Fan(s)
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4500
  • Parcel Number: 129632
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 29, 2019
Sold by
Asmara Mlk Llc
Bought by
Ghebremicael Asmerom
Total Days on Market
13
Current Estimated Value
$1,306,531

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
$824,837
Interest Rate
7.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$547,067

Purchase Details

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

Purchase Details

Listed on
Nov 30, 2017
Closed on
Feb 15, 2018
Sold by
Hartog John A and Estate Of Antonio Clements
Bought by
Ghebremicael Asmerom Berhe
Seller's Agent
AARON BROWN
Kw Advisors East Bay
Buyer's Agent
Cheyenne Ward
District Homes
List Price
$869,000
Sold Price
$1,250,000
Premium/Discount to List
$381,000
43.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.29%
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

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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
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

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,250,000 -- --
03/06/2018 03/06/18 Sold $1,250,000 +43.8% $463 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
11/30/2017 11/30/17 For Sale $869,000 -- $322 / 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 $20,159 $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

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 40804768

bridgeMLS

APN: 012-0963-002-00