NOT LISTED FOR SALE

540 Dwight Place Berkeley, CA 94704

Estimated Value: $1,548,882 - $1,826,000

4 Beds
2.5 Baths
1,955 Sq Ft
$849/Sq Ft Est. Value

Last Sold November 12, 2024

Last sale price $1,626,000 $832 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,973/month

13 Days on Market

Highlights

  • Views of Golden Gate Bridge
  • Guest House
  • Midcentury Modern Architecture
  • Chabot Elementary School Rated A-
  • Updated Kitchen
  • Wood Flooring

About This Home

As of November 2024

Perched on the crest of Panoramic Hill, this early Third Bay Region residence (think Sea Ranch in the East Bay) is an exceedingly rare single family design by noted local architect John Christian Belz. Rustic on the outside and refined within, it epitomizes the Third Bay notion of the home as a geode whose simple exterior belies the wonders found inside. Main house is a reverse floorplan with 3 beds, 1.5 baths. Cozy detached ADU is an additional 1 bed, 1 bath. Come bask in the views after which Panoramic Hill was named! Home is perfectly positioned to look out over the Campanile toward the bay, SF, and the Golden Gate.

Last Agent to Sell the Property

CHRISTIAN OLSON

Edificionado License #01883790 Listed on: 10/09/2024

Last Buyer's Agent

Robert Johnston

Coldwell Banker Realty License #02097120

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • 5,568 Sq Ft Lot
  • Lot Sloped Down

Parking

  • 2 Car Detached Garage
  • Front Facing Garage

Property Views

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

Home Design

  • Midcentury Modern Architecture
  • Concrete Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Updated Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Additional Homes

  • Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bridge Aor Association
  • Built by John Belz
  • Dwight Place Subdivision, Third Bay Region Floorplan

Listing and Financial Details

  • Assessor Parcel Number 48H7701351

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 1965
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Subdivision Name: DWIGHT PLACE
  • Directions: Panoramic to Dwight Way to Dwight Place
  • Architectural Style: Mid Century Modern
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood Flrs Throughout
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Oven, Refrigerator, Dryer, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Stone Counters, Updated Kitchen
  • Room Kitchen Features: Counter - Stone, Dishwasher, Electric Range/Cooktop, Oven Built-in, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Lot Features: Sloped Down
  • Pool Features: None
  • Pool Private: No
  • View: Bay, Bay Bridge, City Lights, Golden Gate Bridge, Panoramic, San Francisco, Bridges
  • View: Yes
  • Builder Name: John Belz
  • Construction Type: Wood Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Guest House
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Detached, Garage Faces Front
  • Total Parking Spaces: 4

Utilities

  • Heating: Forced Air
  • Utilities: Internet Available, Natural Gas Connected
  • Cooling: Wall/Window Unit(s)
  • Laundry Features: Dryer, Washer
  • Security: Double Strapped Water Heater, Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Schools

  • Senior High School District: Oakland (510) 879-8111

Lot Info

  • Lot Size Sq Ft: 5568
  • Parcel Number: 48H7701351
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Oct 29, 2024
Sold by
Achterhof Beverly and Grignon Lee
Bought by
Tsao Ying and Tikhomirov Grigory
Seller's Agent
CHRISTIAN OLSON
Edificionado
Buyer's Agent
Robert Johnston
Coldwell Banker Realty
List Price
$1,495,000
Sold Price
$1,626,000
Premium/Discount to List
$131,000
8.76%
Views
28
Current Estimated Value
$1,660,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,721
Avg. Annual Appreciation
1.85%
Original Mortgage
$1,300,800
Outstanding Balance
$1,287,753
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$372,968

Purchase Details

Closed on
Jun 13, 2019
Sold by
Pomp Richard D and Daniel C Spitzer Revocable Tru
Bought by
Achterhof Beverly and Grignon Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2014
Sold by
Spitzer Daniel C
Bought by
Spitzer Daniel C and Daniel C Spitzer Revocable Tru

Purchase Details

Closed on
Apr 13, 2007
Sold by
Outis Robert R and Kenneth R Grundman Trust
Bought by
Spitzer Daniel C

Purchase Details

Closed on
Aug 23, 2005
Sold by
Grundman Kenneth R
Bought by
Grundman Kenneth R and Kenneth R Grundman Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Tsao Ying $1,626,000 Old Republic Title
Achterhof Beverly $1,030,000 Placer Title Company
Spitzer Daniel C -- None Available
Spitzer Daniel C $783,600 Chicago Title Co
Grundman Kenneth R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsao Ying $1,300,800
Previous Owner Achterhof Beverly $824,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,626,000 -- --
11/12/2024 11/12/24 Sold $1,626,000 +8.8% $832 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $1,495,000 -- $765 / 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 $15,578 $1,626,000 $490,000 $1,136,000
2024 $15,578 $1,119,438 $337,931 $788,507
2023 $16,489 $1,104,354 $331,306 $773,048
2022 $16,125 $1,075,704 $324,811 $757,893
2021 $15,554 $1,054,476 $318,443 $743,033
2020 $15,627 $1,050,600 $315,180 $735,420
2019 $13,456 $924,994 $277,498 $647,496
2018 $13,175 $906,864 $272,059 $634,805
2017 $12,690 $889,087 $266,726 $622,361
2016 $12,575 $871,657 $261,497 $610,160
2015 $12,517 $858,571 $257,571 $601,000
2014 $12,766 $841,758 $252,527 $589,231
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41075862

bridgeMLS

APN: 048H-7701-035-01