NOT LISTED FOR SALE

Estimated Value: $948,505 - $1,275,000

0.11 Acre
$10,307,964 Price per Acre
5,200 Sq Ft Lot

Last Sold December 20, 2018

Last sale price $426,250 $82 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $7,300/month

102 Days on Market

Highlights

  • Views of Golden Gate Bridge
  • No HOA
  • 5-minute walk to Dorothy Bolte Park
  • Cragmont Elementary School Rated A

About This Lot

As of December 2018

Rarely available view property in the desirable Berkeley hills with unique opportunity to build a community of homes on 3 separate adjacent parcels. Architectural floorplans and renderings zoning preapproved for 3 two story, 4 bedroom 2.5 bath homes, each with level in access to garage parking and views of San Francisco, the Bay, Bay Bridge, Golden Gate Bridge and Mount Tamalpais. The upper Parcel A lot already consists of a permitted 1 Bed 1 Bath remodeled casita, great to occupy while building a new main home on the ~ 7167 SqFt level lot, maintaining the 1 Bed cottage as a secondary unit. Additionally includes NW Parcel B ~ 6816 Sqft and SW Parcel C ~ 5200 Sqft, each with zoning approved renderings for new 4BD 2.5BA homes. Easy access to Tilden Park, the UC Berkeley campus or down Marin Ave to multiple shopping districts.

Last Listed By

Perry Riani

Compass License #01402540 Listed on: 09/08/2018

Compass

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,163

Year Built

  • 1938

Lot Details

  • 5,200 Sq Ft Lot
  • Lot Sloped Up
  • Property is zoned R1

Property Views

  • Bay
  • Golden Gate Bridge
  • San Francisco
  • Panoramic
  • Bridge
  • Downtown
  • Mountain
  • Hills

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 63295562

Property Details

Property Type

Land

Est. Annual Taxes

$12,163

Year Built

1938

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.11
  • Subdivision Name: BERKELEY HILLS
  • Directions: Marin to Euclid
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Year Built (Public Record): 1938

Exterior Features

  • Lot Features: Level, Sloped Up
  • View: Bay, Bay Bridge, City Lights, Downtown, Golden Gate Bridge, Hills, Mountain(s), Panoramic, San Francisco, Water
  • View: Yes

Utilities

  • Utilities: Other Water/Sewer, Other On Site, Other
  • Electricity On Property: No

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Zoning: R1
  • Lot Size Sq Ft: 5200
  • Parcel Number: 63295562
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2018
Closed on
Dec 19, 2018
Sold by
Boddum Jerry J and Boddum Ann R
Bought by
Ge Yan
Seller's Agent
Perry Riani
Compass
Buyer's Agent
Bebe McRae
List Price
$445,000
Sold Price
$426,250
Premium/Discount to List
-$18,750
-4.21%
Total Days on Market
102
Current Estimated Value
$1,133,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$707,626
Avg. Annual Appreciation
16.96%
Original Mortgage
$800,000
Outstanding Balance
$715,604
Interest Rate
4.9%
Mortgage Type
Seller Take Back
Estimated Equity
$440,844

Purchase Details

Listed on
Sep 8, 2018
Closed on
Dec 13, 2018
Sold by
Wang Fei
Bought by
Ge Yan
Seller's Agent
Perry Riani
Compass
Buyer's Agent
Bebe McRae
List Price
$445,000
Sold Price
$426,250
Premium/Discount to List
-$18,750
-4.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$715,604
Interest Rate
4.9%
Mortgage Type
Seller Take Back
Estimated Equity
$440,844

Purchase Details

Closed on
Oct 16, 2003
Sold by
Neureuther Cynthia Jean and Collins Virginia Jean
Bought by
Boddum Jerry J and Boddum Mary Ann R

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
Ge Yan $1,800,000 Old Republic Title Company
Ge Yan -- Old Republic Title Company
Boddum Jerry J $900,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ge Yan $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $426,250 -- --
12/20/2018 12/20/18 Sold $426,250 -4.2% $82 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $445,000 -- $86 / 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 $12,163 $836,626 $437,452 $399,174
2023 $11,918 $820,225 $428,876 $391,349
2022 $11,728 $804,145 $420,468 $383,677
2021 $11,769 $788,378 $412,224 $376,154
2020 $11,219 $780,300 $408,000 $372,300
2019 $10,864 $765,000 $400,000 $365,000
2018 $10,693 $749,711 $224,913 $524,798
2017 $10,307 $735,011 $220,503 $514,508
2016 $10,032 $720,600 $216,180 $504,420
2015 $9,919 $709,775 $212,932 $496,843
2014 $9,251 $650,000 $195,000 $455,000
Source: Public Records

Agents Affiliated with this Home

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Map

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Source: bridgeMLS

MLS Number: 40837721

bridgeMLS

APN: 063-2955-060-00