NOT LISTED FOR SALE

703 Santa Barbara Rd Berkeley, CA 94707

Estimated Value: $511,000 - $1,325,000

3 Beds
2 Baths
1,499 Sq Ft
$505/Sq Ft Est. Value

Last Sold November 01, 2024

Last sale price $525,000 $350 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,940/month

70 Days on Market

Highlights

  • Bay View
  • Secluded Lot
  • Cooling Available
  • Thousand Oaks Elementary School Rated A-
  • No HOA
  • Heating Available

About This Home

As of November 2024

Amazing opportunity to complete this project and create your dream home in the process! Originally built in 1925 at 704 SF, in the early 2020’s the owner began a huge renovation and expansion project. Doubled in size to a 1499 SF two-story home, a significant financial investment was made and a tremendous amount of work was done before the project came to a stop during the Pandemic; ultimately the property was foreclosed upon by the current sellers. Surrounded by multi-million dollar homes in this verdant Berkeley Hills neighborhood, this is the opportunity of a lifetime! Enjoy filtered views of the San Francisco Bay surrounded by majestic oak trees. Plans and permits may be available; it will be up to the buyer to investigate all conditions of the property. The current owner is a lending institution with no prior knowledge or records of the property.

Last Agent to Sell the Property

Remy Weinstein

Kw Advisors East Bay License #01815926 Listed on: 07/12/2024

Kw Advisors East Bay

Last Buyer's Agent

Sheerene Mehrizi

Doortru License #02054184

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,820 Sq Ft Lot
  • Secluded Lot
  • Irregular Lot
  • Lot Sloped Up
  • Back and Front Yard

Parking

  • No Garage

Property Views

  • Bay
  • Partial Bay or Harbor

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 62291439

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Stories: 2
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: BERKELEY HILLS
  • Directions: Waze
  • Architectural Style: Other
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Flooring: None
  • Other Equipment: See Remarks
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Additional Rooms
  • Room Kitchen Features: Other

Exterior Features

  • Lot Features: Irregular Lot, Secluded, Sloped Up
  • Pool Features: None
  • Pool Private: No
  • View: Bay, Partial
  • View: Yes
  • Construction Type: Other, None
  • Exterior Features: Back Yard, Front Yard
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: No Garage

Utilities

  • Heating: See Remarks
  • Cooling: See Remarks
  • Laundry Features: Other
  • 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: 6820
  • Parcel Number: 62291439
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Oct 30, 2024
Sold by
Hof Reo 1
Bought by
Abouey Mehrizi Ali Akbar
Seller's Agent
Remy Weinstein
Kw Advisors East Bay
Buyer's Agent
Sheerene Mehrizi
Doortru
List Price
$620,000
Sold Price
$525,000
Premium/Discount to List
-$95,000
-15.32%
Views
248
Current Estimated Value
$757,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,374
Avg. Annual Appreciation
37.53%

Purchase Details

Closed on
Jun 7, 2024
Sold by
Remtulla Sokolof
Bought by
Hof Reo I Inc

Purchase Details

Closed on
Jul 17, 2023
Sold by
Simon Buys Houses Llc
Bought by
Fentress Simon and California Land Trust

Purchase Details

Listed on
Nov 23, 2021
Closed on
Feb 7, 2022
Sold by
Langdon Kevin G
Bought by
Simon Buys Houses Llc
Seller's Agent
Cinthia Varkevisser
Corcoran Icon Properties
Buyer's Agent
Viviana Gesyuk
District Homes
List Price
$750,000
Sold Price
$704,000
Premium/Discount to List
-$46,000
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$1,327,700
Interest Rate
3.56%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 27, 1994
Sold by
Matucha Virginia and Langdon Virginia Vernon
Bought by
Langdon Kevin G and Langdon Virginia Vernon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Abouey Mehrizi Ali Akbar $525,000 Wfg National Title Insurance C
Abouey Mehrizi Ali Akbar $525,000 Wfg National Title Insurance C
Hof Reo I Inc $949,000 None Listed On Document
Fentress Simon -- None Listed On Document
Simon Buys Houses Llc $704,000 New Title Company Name
Langdon Kevin G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Simon Buys Houses Llc $1,327,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Off Market $525,000 -- --
02/04/2025 02/04/25 Off Market $704,000 -- --
11/01/2024 11/01/24 Sold $525,000 -15.3% $350 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
07/12/2024 07/12/24 For Sale $620,000 -11.9% $414 / Sq Ft
02/10/2022 02/10/22 Sold $704,000 +12.6% $1,000 / Sq Ft View Prior Sale
12/17/2021 12/17/21 Pending -- -- --
12/10/2021 12/10/21 Price Changed $625,000 -16.7% $888 / Sq Ft
11/23/2021 11/23/21 For Sale $750,000 -- $1,065 / 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 $11,668 $525,000 $157,500 $367,500
2024 $11,668 $700,000 $210,000 $490,000
2023 $10,886 $647,000 $194,100 $452,900
2022 $4,115 $100,138 $78,598 $28,540
2021 $4,083 $98,037 $77,057 $27,980
2020 $3,761 $103,960 $76,267 $27,693
2019 $3,490 $101,921 $74,771 $27,150
2018 $3,388 $99,923 $73,305 $26,618
2017 $3,235 $97,964 $71,868 $26,096
2016 $3,034 $96,043 $70,459 $25,584
2015 $2,972 $94,601 $69,401 $25,200
2014 $2,859 $92,747 $68,041 $24,706
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41066355

bridgeMLS

APN: 062-2914-039-00