NOT LISTED FOR SALE

Estimated Value: $1,636,000 - $2,315,309

8 Beds
4 Baths
3,464 Sq Ft
$537/Sq Ft Est. Value

Last Sold October 18, 2019

Last sale price $1,710,000 $494 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,689/month

19 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Rectangular Lot
  • Rosa Parks Elementary School Rated A
  • Tile Flooring
  • Wall Furnace

About This Home

As of October 2019

In one of Berkeley’s up and coming neighborhoods sits a pristine multifamily property that’s been professionally managed and maintained for years—906 Channing Way. With four, two-bedroom units that feature their own parking spaces and in-unit laundry hookups, future owners will find themselves with apartments that are always in demand. On-property amenities aside, the property is positioned near a number of essentials that Berkeley renters love, including Berkeley Bowl, two BART stations, the San Pablo and University Avenue commercial corridors, and the Berkeley Marina. One of the four units will be delivered vacant at close and the remaining three units are NOT subject to rent control due to existing Section 8 and Shelter Plus leases, thus allowing owners strong and predictable cash flow and the ability to increase future rents to near-market rent levels.

Last Listed By

Joey Wang

Keller Williams Realty License #01890931 Listed on: 08/29/2019

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,926

Year Built

  • Built in 1967

Lot Details

  • 5,400 Sq Ft Lot
  • Rectangular Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Stucco

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Washer and Dryer Hookup

Utilities

  • Cooling Available
  • Wall Furnace
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 3,464 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 5619392

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,926

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Year Built: 1967
  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.12
  • Directions: I-580 W, exit University Ave, right on Sixth St.
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile, Carpet
  • Basement: None
  • Appliances: Electric Water Heater
  • Total Bedrooms: 8

Exterior Features

  • Lot Features: Regular
  • Construction Type: Stucco

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Heating: Wall Furnace
  • Cooling: Ceiling Fan(s)
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5400
  • Parcel Number: 5619392
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Oct 16, 2019
Sold by
Settachatgul Supalak
Bought by
Settachatgul Kiti
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
John Kirkish
Flat Rate Realty
List Price
$1,500,000
Sold Price
$1,710,000
Premium/Discount to List
$210,000
14%
Total Days on Market
19
Current Estimated Value
$1,860,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,077
Avg. Annual Appreciation
3.11%
Original Mortgage
$1,368,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2019
Closed on
Oct 15, 2019
Sold by
Williams Kaila Greene and Williams Samuel J
Bought by
Settachatgul Calvin and Settachatgul Kiti
Seller's Agent
Joey Wang
Keller Williams Realty
Buyer's Agent
John Kirkish
Flat Rate Realty
List Price
$1,500,000
Sold Price
$1,710,000
Premium/Discount to List
$210,000
14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,368,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2001
Sold by
Arceneaux Andrew J and Will Of Alethia Arceneaux
Bought by
Williams Kaila Greene and Arceneaux Kelsi M

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
Settachatgul Kiti -- Fidelity National Title Co
Settachatgul Calvin $1,710,000 Fidelity National Title Co
Williams Kaila Greene -- --
Williams Kaila Greene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Settachatgul Calvin $1,376,000
Closed Settachatgul Calvin $1,368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,710,000 -- --
10/18/2019 10/18/19 Sold $1,710,000 +14.0% $494 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
08/29/2019 08/29/19 For Sale $1,500,000 -- $433 / 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 $27,926 $1,826,444 $643,314 $1,190,130
2023 $27,353 $1,797,500 $630,702 $1,166,798
2022 $26,877 $1,755,257 $618,336 $1,143,921
2021 $26,950 $1,720,715 $606,216 $1,121,499
2020 $25,614 $1,710,000 $600,000 $1,110,000
2019 $6,593 $195,333 $58,542 $136,791
2018 $6,409 $191,503 $57,394 $134,109
2017 $6,147 $187,749 $56,269 $131,480
2016 $9,755 $184,069 $55,166 $128,903
2015 $5,620 $181,303 $54,337 $126,966
2014 $5,713 $177,753 $53,273 $124,480
Source: Public Records

Agents Affiliated with this Home

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Source: bridgeMLS

MLS Number: 40880023

bridgeMLS

APN: 056-1939-002-00