5 months on rocket

1283 University Ave, Berkeley, CA, 94702

$1,498,000

Home List Price

$10,000*

Closing Credit

0 Baths
2,650 SqFt
$565/SqFt
Multi
Schools Nearby

Location

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1283 University Ave, Berkeley$1,498,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingUncovered
Year Built1943
HeatingWall Furnace
CoolingNone
MLS #ML81948657
Lot Size0.13 Acres
StatusActive

About 1283 University Ave

Levin Johnston has been selected to exclusively market for sale 1283 University Ave, an exceptional pride-of-ownership asset located in the thriving city of Berkeley, California. Situated on a parcel of land totaling 5,693 square feet, the subject property was originally constructed in 1943 and has a gross building area of 2,650 square feet offering its tenants beautifully designed one-bedroom floor plans. The subject property is located within close proximity to the University of California, Berkeley and Downtown Berkeley's Shattuck Ave, home to a myriad of shopping, dining, and entertainment options. UC Berkeley is an internationally recognized University and prides itself on being the number one public university in the nation and the fourth best globally.

Property Details

Property Features

Property Information:

  • Year Built: 1943
  • Stories: 2
  • Living Area: 2,650 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (650) 391-1700
  • Listing Agent: Eymon Binesh

Exterior Features

Parking Information:

  • Parking: Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,498,000
  • Price Per SqFt: $565/SqFt

Tax Information:

  • Annual Amount: $13,891
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Berkeley, CA.

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Berkeley, CA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$879

Avg. Days On Market

18

# of Sold Homes

47

1283 University Ave vs Berkeley

153 DAYS ON ROCKET

+135 Days

$1,498,000

+$110K More

$565/SqFt

-$315 Less

KEY TAKEAWAY

This property is $110K more than the Median Sold Price and $315/SqFt less than other homes in Berkeley, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81948657

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (650) 391-1700
  • Listing Agent: Eymon Binesh

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 9:22:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 08, 1995Home Sold
$255,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,891$197,843
2020$13,890$195,814
2019$11,706$191,976
2018$11,778$188,212
2017$11,778$184,522

History based on county public records data.

Payment Calculator

$7,544

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,558

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3016051
8
/10

  • Rosa Parks Environmental Science Magnet

  • 920 Allston Way

  • 0.52 miles

  • Public Magnet Grades KG-5

school-card-donut-3016052
8
/10

  • Jefferson Elementary School

  • 1400 Ada St

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-3016053
6
/10

  • Washington Elementary School

  • 2300 Martin Luther King Jr Way

  • 0.78 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,824. Residents of Berkeley, CA typically earn between $35k-100k each year. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Alameda County›Berkeley›94702›1283 University Ave

This home is located at 1283 University Ave in Berkeley, CA and zip code 94702 in the North Berkeley neighborhood. This 2,650 square foot home, which was built in 1943, sits on a 0.13 acre lot. It has been listed on Rocket Homes since November 28, 2023 and is currently priced at $1,498,000.

In March 2024, from all listings sold in Berkeley, CA there were more than 34 sold above asking price, over 7 sold below and more than 4 were sold right at the asked price. The number of listings in Berkeley, CA increased by 32.7% between February 2024 and March 2024. While the average time on the market in March 2024 was 18 days, the median list price was $1,388,000.

From Rocket Homes Real Estate and based on county public records data.

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