1 month on rocket

Sale Pending

1542 Berkeley Way, Berkeley, CA, 94703

$3,750,000

0 Baths
House
Schools Nearby

Location

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Property Highlights

Home TypeOther
Year Built1923
HeatingWall Furnace
CoolingNone
MLS #41051593
Lot Size0.43 Acres
StatusSale Pending
(Pending)

About 1542 Berkeley Way

New to market, 1538 Berkeley Way, a unique housing development built in 1923, consisting of four separate 1-story buildings containing a total of thirteen (13) similarly-sized 1bd/1ba units of approx 730 Sq Ft. The property's original purpose was to provide a monthly rental option for visitors to Berkeley in the 1920s. Its original character and quality have been carefully preserved by current ownership. The four structures allow residents to enjoy open space in a community-like setting. This is a tremendous opportunity with long term rental upside.

Property Details

Property Features

Property Information:

  • Year Built: 1923

Listing Office:

  • Office Name: NAI Northern California
  • Office Phone: (510) 336-4712
  • Listing Agent: Grant Chappell

Lot Features

Lot Information:

  • Lot Size: 0.43 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Sacramento to Berkeley Way Cross Street: California.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,750,000

Tax Information:

  • Annual Amount: $28,184
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$1.3M

Med. Price/SqFt

$879

Avg. Days On Market

18

# of Sold Homes

47

1542 Berkeley Way vs Berkeley

56 DAYS ON ROCKET

+38 Days

$3,750,000

+$2.3M More

KEY TAKEAWAY

This property is $2.3M more than the Median Sold Price in Berkeley, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41051593

Listing Office:

  • Office Name: NAI Northern California
  • Office Phone: (510) 336-4712
  • Listing Agent: Grant Chappell

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: 4/27/2024, 10:25:18 PM 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 06, 2005Home Sold
$72,000
Oct 27, 1997Home Sold
$500,000
Dec 04, 1995Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2021$28,184$1,141,124
2020$28,184$1,129,427
2019$25,519$1,107,287
2018$24,313$1,085,582
2017$24,313$1,064,301

History based on county public records data.

Payment Calculator

$18.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$11.3K

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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-1665203
6
/10
  • Washington Elementary School

  • 2300 Martin Luther King Jr Way

  • 0.50 miles

  • Public District Grades KG-5

school-card-donut-1665204
8
/10
  • Jefferson Elementary School

  • 1400 Ada St

  • 0.60 miles

  • Public District Grades KG-5

school-card-donut-1665205
8
/10
  • Berkeley Arts Magnet At Whittier

  • 1645 Milvia St

  • 0.64 miles

  • Public Magnet Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,077. Most Berkeley, CA residents have annual incomes less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1542 Berkeley Way

What is the listing price of this property?

The listing price of 1542 Berkeley Way property is $3,750,000.

What type of property is this?

The property 1542 Berkeley Way is a house located in Berkeley, California, 94703.

Is this property for sale now?

Sale Pending: 1542 Berkeley Way is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $28,184 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 6, 2005 for $72,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 1542 Berkeley Way is 1923.
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Rocket HomesCaliforniaAlameda CountyBerkeley947031542 Berkeley Way

This home is located at 1542 Berkeley Way in Berkeley, CA and zip code 94703 in the North Berkeley neighborhood. This home, which was built in 1923, sits on a 0.43 acre lot. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $3,750,000.

Berkeley, CA housing market in March 2024 saw over 34 listings sold above listed price, more than 4 sold at listed price and over 7 sold below. The inventory of homes for sale in Berkeley, CA between February 2024 and March 2024 increased by 32.7%. 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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