24 days on rocket

2720 Martin Luther King Jr Way, Berkeley, CA, 94703

$1,695,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
3 Full Baths
2,987 SqFt
$567/SqFt
House

Location

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2720 Martin Luther King Jr Way, Berkeley$1,695,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage
Attached Garage2 spaces
Year Built1902
HeatingElectric, Natural Gas
CoolingNone
FireplaceGas
MLS #41075157
Lot Size0.06 Acres
StatusActive

About 2720 Martin Luther King Jr Way

2718 & 2720 Martin Luther King Jr. Way is a classic and gracious duplex of the Edwardian era that has been renovated in a way that typifies Berkeley’s character: updates that feel custom, handcrafted, reclaimed, and unique, yet in keeping with vintage charm. Add to that, you’ll enjoy the modern comforts of major structural improvements such as foundation replacement (2017), new roof (2020), premium dual pane windows (2022), copper plumbing, and modern electrical. 2718 (upper) has four large bedrooms over two levels, with two full bathrooms, one on each level. 2720 (lower) has two bedrooms and one full bathroom. Each unit enjoys a private deck right off the back that also leads to a shared patio at the garden level that allows for more entertaining space. Both units have in-unit laundry, and are separately metered for electric and gas. A rebuilt two-car garage has its entry on the less-traveled Ward Street around the corner. The configuration lends itself to either multigenerational living or, if owner-occupied, an investment that benefits from "Golden Duplex" status. Conveniently located just blocks away from Berkeley Bowl and Ashby BART, close to parks, schools, downtown, and UCB–this is the perfect Berkeley duplex!

Property Details

Property Features

Property Information:

  • Year Built: 1902
  • Living Area: 2,987 SqFt

Listing Office:

  • Office Name: Red Oak Realty
  • Office Phone: (510) 527-9111
  • Listing Agent: Emma Morris

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Flooring Type: Stone, Tile, Vinyl, Wood
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Electric, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: University or Ashby to MLK Cross Street: Ward St..

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,695,000
  • Price Per SqFt: $567/SqFt

Tax Information:

  • Annual Amount: $18,325
  • 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

$907

Avg. Days On Market

27

# of Sold Homes

54

2720 Martin Luther King Jr Way vs Berkeley

24 DAYS ON ROCKET

-3 Days

$1,695,000

+$297.4K More

$567/SqFt

-$340 Less

KEY TAKEAWAY

This property is $297.4K more than the Median Sold Price and $340/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: #41075157

Listing Office:

  • Office Name: Red Oak Realty
  • Office Phone: (510) 527-9111
  • Listing Agent: Emma Morris

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: 10/27/2024, 6:20:50 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

Jun 23, 2016Home Sold
$1,095,000

Tax History

YEARPROP. TAXASSESSMENT
2021$18,325$1,197,524
2020$18,325$1,185,249
2019$17,255$1,162,014
2018$16,761$1,139,238
2017$16,761$1,116,900

History based on county public records data.

Payment Calculator

$8,527

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,148

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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-886330
7
/10

  • Malcolm X Elementary School

  • 1731 Prince St

  • 0.45 miles

  • Public District Grades KG-5

school-card-donut-886331
7
/10

  • Leconte Elementary School

  • 2241 Russell St

  • 0.53 miles

  • Public District Grades KG-5

school-card-donut-886332
6
/10

  • Washington Elementary School

  • 2300 Martin Luther King Jr Way

  • 0.54 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 $45,743. The most common annual income of people living in Berkeley, CA is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2720 Martin Luther King Jr Way

What is the listing price of this property?

The listing price of 2720 Martin Luther King Jr Way property is $1,695,000.

What type of property is this?

The property 2720 Martin Luther King Jr Way is a house located in Berkeley, California, 94703.

Is this property for sale now?

Active Listing: 2720 Martin Luther King Jr Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $18,325 (source: MLS/based on county public records data).

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

The last sale was on June 23, 2016 for $1,095,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2720 Martin Luther King Jr Way has 6 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2720 Martin Luther King Jr Way is 2,987 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2720 Martin Luther King Jr Way is 1902.

Rocket Homes›California›Alameda County›Berkeley›94703›2720 Martin Luther King Jr Way

This home is located at 2720 Martin Luther King Jr Way in Berkeley, CA and zip code 94703 in the South Berkeley neighborhood. This 2,987 square foot home, which was built in 1902, sits on a 0.06 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $1,695,000.

In September 2024 more than 37 listings in Berkeley, CA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 11 were sold below. In September 2024 in Berkeley, CA there were 20.1% more homes for sale than in August 2024. While the average time on the market in September 2024 was 27 days, the median list price was $1,397,600.

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

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