NOT LISTED FOR SALE

921 University Ave Berkeley, CA 94710

Fourth Street-Berkeley Marina Neighborhood

Estimated Value: $3,163,877

4 Beds
-- Bath
10,300 Sq Ft
$307/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $2,325,000 $226 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $21,610/month

158 Days on Market

Highlights

  • 0.26 Acre Lot
  • Traditional Architecture
  • Wood Siding
  • Rosa Parks Elementary School Rated A

About This Home

As of November 2019

Large corner property with 2 large retail spaces and 4 residential units. 2 retail spaces and 3 residential units can be delivered vacant at close of escrow. Projected income $190,000 a year.

Last Listed By

Michael Klestoff

West & Praszker, REALTORS® License #00626543 Listed on: 05/04/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $48,826

Year Built

  • 1964

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 107 x 111

Home Design

  • Traditional Architecture
  • Mixed Use
  • Frame Construction
  • Wood Siding
  • Stucco

Interior Spaces

  • 10,300 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Open Parking Spaces
  • 6 Parking Spaces

Community Details

  • 6 Units
  • 4 Vacant Units

Listing and Financial Details

  • Assessor Parcel Number 057-2093-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$48,826

Year Built

1964

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Mixed Use
  • Architectural Style: Traditional
  • Stories: 2
  • Number Commercial Units: 2
  • Special Features: None
  • Year Built: 1964

Interior Features

  • Number Of Rooms: 10
  • Price Per Square Foot: 225.73
  • Square Footage: 10300.00

Exterior Features

  • Construction Materials: Frame, Stucco, Wood

Garage/Parking

  • Total Parking Spaces: 6.00
  • Independent Parking Spaces: 3
  • Tandem Parking Spaces: 3

Lot Info

  • Assessor Parcel Number: 057-2093-017
  • Lot Size Acres: 0.2567
  • Lot Dimensions: 107 x 111
  • Lot Size Sq Ft: 11184.00
  • Lot Size Units: SqFt
  • Price Per Acre: 9057265.29
  • Zoning: CW

Building Info

  • Number of Units Total: 6

Multi Family

  • Number Of Units Vacant: 4
  • Gross Rent Multiplier: 12.24
  • 1 Bedroom Rent Range: $1,052-$1,800
  • Number of 1 Bedroom Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2019
Closed on
Nov 13, 2019
Sold by
Whipple Group Llc
Bought by
Romo Juan
Seller's Agent
Michael Klestoff
West & Praszker, REALTORS®
Buyer's Agent
Michael Klestoff
West & Praszker, REALTORS®
List Price
$2,325,000
Sold Price
$2,325,000
Total Days on Market
158
Current Estimated Value
$3,163,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$838,877
Avg. Annual Appreciation
6.00%
Original Mortgage
$1,162,500
Outstanding Balance
$1,038,961
Interest Rate
3.65%
Estimated Equity
$2,159,522

Purchase Details

Closed on
Feb 24, 2015
Sold by
Hom William and Hom Linda Kwong
Bought by
Whipple Group Llc

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
Interest Rate
3.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2013
Sold by
Ruparel Rohit and Ruparel Pratima
Bought by
Hom William and Hom Linda Kwong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,049,750
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 10, 2005
Sold by
Ruparel Rohit D and Ruparel Pratima
Bought by
Ruparel Rohit and Ruparel Pratima

Purchase Details

Closed on
Dec 31, 2003
Sold by
901 University Avenue Associates
Bought by
Ruparel Rohit D and Ruparel Pratima

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Interest Rate
5.86%
Mortgage Type
Commercial

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
Romo Juan $2,325,000 First American Title Company
Whipple Group Llc $1,760,000 Fidelity National Title Co
Hom William $1,615,000 Old Republic Title Company
Ruparel Rohit -- --
Ruparel Rohit D -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romo Juan $1,162,500
Closed Romo Juan $930,000
Closed Romo Juan $958,000
Previous Owner Whipple Group Llc $800,000
Previous Owner Hom William $1,049,750
Previous Owner Ruparel Rohit D $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2019 11/15/19 Sold $2,325,000 0.0% $226 / Sq Ft
10/09/2019 10/09/19 Pending -- -- --
05/04/2019 05/04/19 For Sale $2,325,000 -- $226 / Sq Ft
Source: San Francisco Association of REALTORS® MLS

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 $48,826 $2,681,541 $2,063,965 $617,576
2023 $45,506 $2,443,970 $2,023,502 $420,468
2022 $44,498 $2,396,052 $1,983,828 $412,224
2021 $44,441 $2,349,087 $1,944,943 $404,144
2020 $41,607 $2,325,000 $1,925,000 $400,000
2019 $35,108 $1,896,188 $1,454,463 $441,725
2018 $34,370 $1,859,017 $1,425,951 $433,066
2017 $33,057 $1,822,567 $1,397,992 $424,575
2016 $32,675 $1,786,839 $1,370,587 $416,252
2015 $32,950 $1,654,744 $1,147,563 $507,181
2014 $32,308 $1,622,331 $1,125,084 $497,247
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Klestoff

    West & Praszker, REALTORS®

    (415) 699-3266

    57 Total Sales

    Michael Klestoff
    Section Image

  • L

    Buyer's Agent in 2019

    LEN LA FLESCH LEN LA FLESCH

    La Flesch Realty

See All Agents

Map

Source: San Francisco Association of REALTORS® MLS

MLS Number: 484531

San Francisco Association of REALTORS® MLS

APN: 057-2093-017-02

California Alameda County Berkeley 94710 Fourth Street-Berkeley Marina

921 University Ave, Berkeley, CA

Homes for Sale in Berkeley, CA

This home is located at 921 University Ave, Berkeley, CA 94710 since 04 May 2019 and is currently estimated at $3,163,877, approximately $307 per square foot. This property was built in 1964. 921 University Ave is a home located in Alameda County with nearby schools including Rosa Parks Elementary School, Ruth Acty Elementary, and Berkeley Arts Magnet at Whittier School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Francisco Association of REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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