NOT LISTED FOR SALE

490 Panoramic Way Berkeley, CA 94704

Estimated Value: $865,000 - $1,187,544

2 Beds
2 Baths
1,125 Sq Ft
$914/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $950,000 $844 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,603/month

14 Days on Market

Highlights

  • Views of Golden Gate Bridge
  • Midcentury Modern Architecture
  • Bonus Room
  • Chabot Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of November 2022

Perched on Panoramic Hill this midcentury retreat has tremendous SF Bay views! Random plank hardwood floors, clever built-ins, two decks plus ample hillside to garden and a wall of windows to bask in the glorious Bay and hillside views. Make this your "Dwell" inspired retreat and live with nature at your fingertips; hiking trails and sunsets. All just moments from Cal campus and all the amenities of the Elmwood and Downtown Berkeley shopping districts.

Last Agent to Sell the Property

Laura Arechiga

License #01388149 Listed on: 09/22/2022

Last Buyer's Agent

Marissa Harrison

Red Oak Realty License #02156258

Red Oak Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,834

Year Built

  • Built in 1948

Lot Details

  • 5,984 Sq Ft Lot
  • Terraced Lot
  • Back Yard

Property Views

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

Home Design

  • Midcentury Modern Architecture
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Living Room with Fireplace
  • Bonus Room
  • Partial Basement

Kitchen

  • Gas Range
  • Free-Standing Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • On-Street Parking
  • Parking Lot

Utilities

  • No Cooling
  • Forced Air Heating System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Berkeley Hills Subdivision, Midcentury Floorplan

Listing and Financial Details

  • Assessor Parcel Number 48H7703192

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,834

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Stories: 2
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Subdivision Name: BERKELEY HILLS
  • Directions: Panoramic Way
  • Architectural Style: Mid Century Modern
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two Story
  • New Construction: No
  • Efficiency: None
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Linoleum, Carpet
  • Basement: Crawl Space, Partial
  • Appliances: Dishwasher, Gas Range, Free-Standing Range, Refrigerator
  • Other Equipment: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Free Standing, Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bonus/Plus Room, Laminate Counters
  • Room Kitchen Features: Counter - Laminate, Dishwasher, Gas Range/Cooktop, Range/Oven Free Standing, Refrigerator

Exterior Features

  • Roof: Composition
  • Lot Features: Sloped Down
  • Pool Features: None
  • Pool Private: No
  • View: Bay, Bay Bridge, City Lights, Golden Gate Bridge, Hills, San Francisco
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Back Yard, Terraced Down
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Lot, On Street

Utilities

  • Heating: Forced Air
  • Cooling: None
  • Laundry Features: In Basement
  • Cooling Y N: No
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 5984
  • Parcel Number: 48H7703192
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2022
Closed on
Oct 25, 2022
Sold by
L & L Higgins Trust
Bought by
Nicholas Molly and Erhart Matthew J
Seller's Agent
Laura Arechiga
Buyer's Agent
Marissa Harrison
Red Oak Realty
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Views
18
Current Estimated Value
$1,027,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,886
Avg. Annual Appreciation
2.78%
Original Mortgage
$760,000
Outstanding Balance
$736,129
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$292,168

Purchase Details

Closed on
Mar 4, 2022
Sold by
Ratcliffe Higgins Lauretta Lee
Bought by
L & L Higgins Trust

Purchase Details

Closed on
Feb 22, 2006
Sold by
Higgins Lynn E and Higgins Lauretta R
Bought by
Higgins Lynn E and Higgins Lauretta R

Purchase Details

Closed on
Jul 19, 2005
Sold by
Higgins Lynn E and Higgins Lauretta R
Bought by
Higgins Lynn E and Higgins Lauretta R
Source: Public Records

Range of Values:

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Average Value
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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
Nicholas Molly $950,000 Old Republic Title
L & L Higgins Trust -- --
Higgins Lynn E -- None Available
Higgins Lynn E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholas Molly $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $950,000 -- --
11/07/2022 11/07/22 Sold $950,000 +5.7% $844 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/22/2022 09/22/22 For Sale $899,000 -- $799 / 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
2025 $13,834 $981,380 $296,514 $691,866
2024 $13,834 $962,000 $290,700 $678,300
2023 $14,734 $950,000 $285,000 $665,000
2022 $4,091 $184,404 $45,937 $145,467
2021 $3,787 $180,651 $45,036 $142,615
2020 $3,746 $185,727 $44,574 $141,153
2019 $3,527 $182,086 $43,700 $138,386
2018 $3,461 $178,516 $42,844 $135,672
2017 $3,300 $175,016 $42,004 $133,012
2016 $3,118 $171,585 $41,180 $130,405
2015 $3,101 $169,008 $40,562 $128,446
2014 $3,047 $165,698 $39,767 $125,931
Source: Public Records

Agents Affiliated with this Home

  • Laura Arechiga

    Seller's Agent in 2022

    Laura Arechiga

    (510) 486-1495

    82 Total Sales

    Laura Arechiga
    Section Image
  • Marissa Harrison

    Buyer's Agent in 2022

    Marissa Harrison

    Red Oak Realty

    (415) 652-1820

    25 Total Sales

    Marissa Harrison
    Section Image
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Map

Source: bridgeMLS

MLS Number: 41009412

bridgeMLS

APN: 048H-7703-019-02

California Alameda County Berkeley 94704

490 Panoramic Way, Berkeley, CA

This home is located at 490 Panoramic Way, Berkeley, CA 94704 since 22 September 2022 and is currently estimated at $1,027,886, approximately $913 per square foot. This property was built in 1948. 490 Panoramic Way is a home located in Alameda County with nearby schools including Chabot Elementary School, Thornhill Elementary School, and Claremont Middle 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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