NOT LISTED FOR SALE

470 Spruce St Berkeley, CA 94708

Estimated Value: $2,244,000 - $3,061,000

5 Beds
3 Baths
2,856 Sq Ft
$940/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $3,175,000 $1,112 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $15,900/month

5 Days on Market

Highlights

  • Views of Golden Gate Bridge
  • Home Theater
  • Midcentury Modern Architecture
  • Thousand Oaks Elementary School Rated A-
  • Updated Kitchen
  • 3-minute walk to Dorothy Bolte Park

About This Home

As of June 2021

With a rare combination of wide open 3-bridge views and level yards, 470 Spruce is a 5BD/3BA 2833 square foot level-in, level-out Mid-Century in Berkeley’s coveted Cragmont neighborhood. Gated and set back from the street for privacy, the home has been updated in a sophisticated, modern style with open concept common areas, well-appointed chef’s kitchen, spacious owner’s suite, family room, renovated baths, lushly landscaped, tranquil outdoor spaces, and a sleek two-car garage with internal access.

Last Agent to Sell the Property

David Gunderman

Kw Advisors East Bay License #01313613 Listed on: 06/10/2021

Co-Listed By

Andrew Raskopf

Kw Advisors East Bay License #01394348

Last Buyer's Agent

Leigh Schneider

Red Oak Realty License #02033564

Red Oak Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,933

Year Built

  • Built in 1955

Lot Details

  • 5,063 Sq Ft Lot
  • Back and Front Yard Fenced
  • Wood Fence
  • Landscaped
  • Front and Back Yard Sprinklers
  • Garden

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Bay
  • Golden Gate Bridge
  • San Francisco
  • Panoramic
  • Bridge
  • City Lights

Home Design

  • Midcentury Modern Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Free Standing Fireplace
  • Two Way Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Theater
  • Den
  • Bonus Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Green energy is off-grid
  • Solar owned by seller

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Bay East Association
  • Cragmont Subdivision

Listing and Financial Details

  • Assessor Parcel Number 6229468

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,933

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Stories: 1
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.12
  • Co List Office Mls Id: OBOKWOAK
  • Subdivision Name: CRAGMONT
  • Directions: CA24/Oxford/Spruce
  • Architectural Style: Mid Century Modern
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • Green Power: Solar Power Off Grid
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Dishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Dryer, Washer, Tankless Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Dining Room, Free Standing, Gas, Living Room, Two-Way
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bonus/Plus Room, Den, Dining Area, Family Room, In-Law Floorplan, Media, Storage, Breakfast Bar, Stone Counters, Eat-in Kitchen, Kitchen Island, Updated Kitchen
  • Room Kitchen Features: Breakfast Bar, Counter - Stone, Dishwasher, Eat In Kitchen, Garbage Disposal, Island, Microwave, Range/Oven Free Standing, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced, Back Yard, Front Yard, Wood
  • Lot Features: Front Yard, Landscape Back, Landscape Front
  • Pool Features: None
  • Pool Private: No
  • View: Bay, Bay Bridge, City Lights, Golden Gate Bridge, Panoramic, San Francisco, Bridges, City
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Backyard, Garden, Back Yard, Front Yard, Garden/Play, Sprinklers Automatic, Sprinklers Back, Sprinklers Front, Entry Gate, Landscape Back, Landscape Front
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Int Access From Garage, Off Street, Garage Door Opener

Utilities

  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Laundry Features: Dryer, Laundry Room, Washer
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Photovoltaics Seller Owned
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

  • Senior High School District: Berkeley (510) 644-6150

Lot Info

  • Lot Size Sq Ft: 5063
  • Parcel Number: 6229468
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jun 22, 2021
Sold by
Wellinghoff Jon B and Galatz Karen M
Bought by
Lau Henry and Lau Bing
Seller's Agent
David Gunderman
Kw Advisors East Bay
Buyer's Agent
Leigh Schneider
Red Oak Realty
List Price
$1,995,000
Sold Price
$3,175,000
Premium/Discount to List
$1,180,000
59.15%
Current Estimated Value
$2,685,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$489,029
Avg. Annual Appreciation
-4.11%

Purchase Details

Closed on
Jan 3, 2014
Sold by
Wellinghoff Jon B and Galatz Karen M
Bought by
Joint Jon B Wellinghoff and Joint Karen M Galatz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2013
Sold by
Redpoint Design Group Llc
Bought by
Wellinghoff Jon B and Galatz Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 5, 2013
Sold by
Rww Properties Llc
Bought by
Redpoint Design Group Llc and Wincorn & Wincorn Ltd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$774,000
Interest Rate
3.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2012
Sold by
Farach Alfred
Bought by
Rww Properties Llc

Purchase Details

Closed on
Apr 4, 2005
Sold by
Farach Alfred
Bought by
Farach Alfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2000
Sold by
Rose Farach Anna R and Rose Anna
Bought by
Farach Alfred

Purchase Details

Closed on
Apr 3, 1998
Sold by
Farach Alfred
Bought by
Farach Alfred and Farach Anna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
7.07%

Purchase Details

Closed on
Oct 27, 1995
Sold by
Cornet Stephen Howard and Jaffe Nancy Linda
Bought by
Farach Alfred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
7.58%
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
Lau Henry $3,175,000 Placer Title Company
Joint Jon B Wellinghoff -- None Available
Wellinghoff Jon B $1,670,000 Chicago Title Company
Redpoint Design Group Llc $900,000 Chicago Title Company
Rww Properties Llc $601,100 None Available
Farach Alfred -- First American Title Co
Farach Alfred -- --
Farach Alfred -- North American Title Co
Farach Alfred $329,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wellinghoff Jon B $1,020,000
Previous Owner Redpoint Design Group Llc $774,000
Previous Owner Farach Alfred $311,000
Previous Owner Faracil Alfred $150,000
Previous Owner Farach Alfred $350,000
Previous Owner Farach Alfred $263,000
Previous Owner Farach Alfred $229,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $3,175,000 -- --
06/29/2021 06/29/21 Sold $3,175,000 +59.1% $1,112 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $1,995,000 -- $699 / Sq Ft
Source: Bay East Association of REALTORS®

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 $11,933 $519,549 $81,743 $444,806
2023 $11,601 $509,224 $80,140 $436,084
2022 $44,823 $3,238,500 $971,550 $2,266,950
2021 $28,924 $1,884,241 $567,372 $1,323,869
2020 $27,541 $1,871,852 $561,555 $1,310,297
2019 $26,645 $1,835,162 $550,548 $1,284,614
2018 $26,211 $1,799,190 $539,757 $1,259,433
2017 $25,350 $1,763,920 $529,176 $1,234,744
2016 $24,643 $1,729,334 $518,800 $1,210,534
2015 $24,315 $1,703,365 $511,009 $1,192,356
2014 $24,159 $1,670,000 $501,000 $1,169,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40953640

Bay East Association of REALTORS®

APN: 062-2946-008-00