NOT LISTED FOR SALE

52 Panoramic Way Berkeley, CA 94704

Estimated Value: $1,700,000 - $1,867,000

4 Beds
4 Baths
2,432 Sq Ft
$732/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $1,835,000 $755 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $12,228/month

13 Days on Market

Highlights

  • Updated Kitchen
  • Midcentury Modern Architecture
  • Bonus Room
  • Emerson Elementary School Rated A
  • Wood Flooring
  • Stone Countertops

About This Home

As of January 2022

Come see this elegant Mid Century Modern home/apartment building. The 2 bedroom/1 bath top floor unit is perfect for an owner occupant who needs an expansive view of both the Golden Gate and Bay Bridge as well as the glittering lights of San Francisco and downtown Oakland. You must come see this place in the evening to see the sun set and city lights, all from the living room & the deck. The property is a partially forested 1/3 acre with a yard that offers a small creek at its bottom and solitude high above the City. Property has 2 basements for lots of storage; one has a work space and work bench. And lastly, the property currently generates $3026/month in rental income from the 3 occupied units to help with the mortgage payments. Please do not disturb the tenants. Please be aware that EBMUD is replacing the main water line on Panoramic and they block the street from 9-12 and 1-4 Monday thru Friday.

Last Listed By

Devang Parikh

SOTHEBY'S INTERNATIONAL REALTY INC License #01815439 Listed on: 12/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,730

Year Built

  • Built in 1954

Lot Details

  • 0.37 Acre Lot
  • Lot Sloped Down
  • Back Yard

Parking

  • 4 Car Garage
  • Carport

Home Design

  • Midcentury Modern Architecture
  • Raised Foundation
  • Stucco

Interior Spaces

  • 3-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Bonus Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Gas Range
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Heating Available
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 551853121

Community Details

Overview

  • No Home Owners Association
  • Bridge Aor Association
  • Berkeley Subdivision

Amenities

  • Coin Laundry

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,730

Year Built

Built in 1954

Lot Details

0

Parking

4

Listing Details

  • Stories: 3
  • Year Built: 1954
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Subdivision Name: BERKELEY
  • Directions: Prospect to Panoramic Way
  • Architectural Style: Mid Century Modern
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Tri-Level
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood
  • Basement: Crawl Space
  • Appliances: Dishwasher, Gas Range, Tankless Water Heater
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Bonus/Plus Room, Dining Area, Stone Counters, Updated Kitchen
  • Room Kitchen Features: Counter - Stone, Dishwasher, Gas Range/Cooktop, Updated Kitchen

Exterior Features

  • Lot Features: Sloped Down
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Siding - Stucco
  • Exterior Features: Back Yard
  • Foundation Details: Raised
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 4
  • Attached Garage: No
  • Covered Parking Spaces: 4
  • Parking Features: Carport - 2 Or More
  • Total Parking Spaces: 4

Utilities

  • Heating: Electric
  • Utilities: All Public Utilities, Individual Electric Meter, Individual Gas Meter
  • Cooling: Other
  • Laundry Features: Community Facility, Coin Operated
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 15888
  • Parcel Number: 551853121
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 25, 2022
Sold by
Gaurav Lamba And Rashmi Singh Revocable
Bought by
Tang Catherine and Yu Charles Cheng
Seller's Agent
Devang Parikh
SOTHEBY'S INTERNATIONAL REALTY INC
Buyer's Agent
Devang Parikh
SOTHEBY'S INTERNATIONAL REALTY INC
List Price
$1,495,000
Sold Price
$1,835,000
Premium/Discount to List
$340,000
22.74%
Total Days on Market
13
Current Estimated Value
$1,780,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,828
Avg. Annual Appreciation
-1.95%
Original Mortgage
$1,468,000
Outstanding Balance
$1,376,452
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$344,769

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 10, 2022
Sold by
Gaurav Lamba And Rashmi Singh Revocable
Bought by
Gaurav Lamba And Rashmi Singh Revocable Trust and Singh Rashmi
Seller's Agent
Devang Parikh
SOTHEBY'S INTERNATIONAL REALTY INC
Buyer's Agent
Devang Parikh
SOTHEBY'S INTERNATIONAL REALTY INC
List Price
$1,495,000
Sold Price
$1,835,000
Premium/Discount to List
$340,000
22.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,468,000
Outstanding Balance
$1,376,452
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$344,769

Purchase Details

Listed on
Oct 11, 2017
Closed on
Nov 30, 2017
Sold by
Loveall David J and David J Loveall Trust
Bought by
First American Exchange Company Llc
Seller's Agent
Ed Klotz
Valero Realty
Buyer's Agent
Ed Klotz
Valero Realty
List Price
$1,300,000
Sold Price
$1,200,000
Premium/Discount to List
-$100,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.75%
Original Mortgage
$600,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2014
Sold by
Loveall David J and David J Loveall Trust
Bought by
Loveall David J and David J Loveall Trust

Purchase Details

Closed on
Jun 3, 2009
Sold by
Loveall David J and David J Loveall Revocable Trus
Bought by
Loveall David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.76%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 24, 2004
Sold by
Loveall David
Bought by
Loveall David J and David J Loveall Revocable Trus

Purchase Details

Closed on
Jul 23, 2003
Sold by
Loveall David and Anne Barnett Trust
Bought by
Loveall David

Range of Values:

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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
Tang Catherine $1,835,000 Chicago Title
First American Exchange Company Llc $1,200,000 Fidelity National Title Co
Loveall David J -- None Available
Loveall David J -- Yosemite Title Company
Loveall David J -- --
Loveall David -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tang Catherine $1,468,000
Previous Owner First American Exchange Company Llc $600,000
Previous Owner Loveall David J $160,000
Previous Owner Loveall David J $165,000
Previous Owner Barnett Anne $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,200,000 -- --
02/04/2025 02/04/25 Off Market $1,835,000 -- --
01/31/2022 01/31/22 Sold $1,835,000 +22.7% $755 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $1,495,000 +24.6% $615 / Sq Ft
12/03/2017 12/03/17 Sold $1,200,000 -7.7% $493 / Sq Ft
11/02/2017 11/02/17 Pending -- -- --
10/11/2017 10/11/17 For Sale $1,300,000 -- $535 / 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 $27,730 $1,909,133 $572,740 $1,336,393
2023 $27,169 $1,871,700 $561,510 $1,310,190
2022 $20,056 $1,286,628 $536,095 $750,533
2021 $20,602 $1,261,404 $525,585 $735,819
2020 $19,071 $1,248,480 $520,200 $728,280
2019 $18,369 $1,224,000 $510,000 $714,000
2018 $18,062 $1,200,000 $500,000 $700,000
2017 $13,760 $873,508 $262,052 $611,456
2016 $13,301 $856,386 $256,916 $599,470
2015 $13,118 $843,527 $253,058 $590,469
2014 $12,968 $827,007 $248,102 $578,905
Source: Public Records

Agents Affiliated with this Home

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Source: bridgeMLS

MLS Number: 40976012

bridgeMLS

APN: 055-1853-012-01