NOT LISTED FOR SALE

2486-2490 Channing Way Berkeley, CA 94704

South Berkeley Neighborhood

Estimated Value: $19,602,220

20 Beds
20 Baths
25,787 Sq Ft
$760/Sq Ft Est. Value

About This Home

This home is located at 2486-2490 Channing Way, Berkeley, CA 94704 and is currently priced at $19,602,220, approximately $760 per square foot. 2486-2490 Channing Way is a home located in Alameda County with nearby schools including Emerson Elementary School, John Muir Elementary School, and Malcolm X Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2022
Sold by
2400 Telegraph Avenue Llc
Bought by
Spectrum Telegraph Commons Llc
Current Estimated Value
$19,602,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,372,500
Outstanding Balance
$14,667,582
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2020
Sold by
Telegraph Commons Limited Partnership
Bought by
2400 Telegraph Avenue Llc

Purchase Details

Closed on
Aug 7, 2013
Sold by
Affairs Llc
Bought by
Telegraph Commons Limited Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,900,000
Interest Rate
4.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2008
Sold by
2400 Telegraph Partnership
Bought by
Affairs Llc and Three Smart Monkeys Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,460,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 1994
Sold by
Tam Sophia
Bought by
Tam Franky L W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,700,000
Interest Rate
9.28%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Spectrum Telegraph Commons Llc $27,950,000 Old Republic Title
2400 Telegraph Avenue Llc -- Old Republic Ttl Co Oakland
Telegraph Commons Limited Partnership -- Chicago Title Company
Affairs Llc $7,000,000 Fidelity National Title Co
Tam Franky L W -- Old Republic Title Company
Tye Michael -- Old Republic Title Company
2400 Telegraph Partnership -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spectrum Telegraph Commons Llc $15,372,500
Previous Owner Telegraph Commons Limited Partnership $10,400,000
Previous Owner Telegraph Commons Limited Partnership $9,900,000
Previous Owner Three Smart Monkey Llc $0
Previous Owner Affairs Llc $7,000,000
Previous Owner Affairs Llc $1,715,000
Previous Owner Affairs Llc $5,460,000
Previous Owner 2400 Telegraph Partnership $250,000
Previous Owner Telegraph Partnership $500,000
Previous Owner 2400 Telegraph Partnership $3,878,000
Previous Owner Telegraph Partnership $120,000
Previous Owner 2400 Telegraph Partnership $4,500,000
Previous Owner 2400 Telegraph Partnership $3,700,000
Source: Public Records

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 $394,204 $28,885,863 $8,193,150 $20,594,718
2024 $394,204 $28,321,395 $8,032,500 $20,190,900
2023 $386,658 $27,670,000 $7,875,000 $19,795,000
2022 $256,851 $17,025,665 $11,686,550 $5,008,521
2021 $257,645 $16,698,425 $11,457,482 $5,240,943
2020 $223,875 $14,823,186 $1,064,826 $13,758,360
2019 $215,598 $14,517,869 $1,043,955 $13,473,914
2018 $212,052 $14,233,541 $1,023,492 $13,210,049
2017 $204,993 $13,957,866 $1,003,428 $12,954,438
2016 $197,886 $13,684,493 $983,753 $12,700,740
2015 $195,120 $13,479,234 $968,981 $12,510,253
2014 $193,105 $13,215,498 $950,000 $12,265,498
Source: Public Records

Map

California Alameda County Berkeley 94704 South Berkeley

2486-2490 Channing Way, Berkeley, CA

This home is located at 2486-2490 Channing Way, Berkeley, CA 94704 and is currently priced at $19,602,220, approximately $760 per square foot. 2486-2490 Channing Way is a home located in Alameda County with nearby schools including Emerson Elementary School, John Muir Elementary School, and Malcolm X Elementary 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.

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