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1290 Bancroft Way

1290 Bancroft Way, Berkeley, CA 94702
Sold Dec 17, 2021
$1,240,000
$992,000 by Estar Mortgage
Mortgage Due Jan 01, 2052
Sold Nov 26, 2019
$1,015,000
1290 Bancroft Way has been categorized by the local assessors in Berkeley, CA as a residential type of property. The building on the property was first built in 1929 and is 95 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1290 Bancroft Way has 972 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 3,150 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1290 Bancroft Way was last sold in Dec 15, 2021 for $1,240,000. According to our calculations, that's $1,275.72 per sqft. Prior to that sales transaction, the property was sold for $1,015,000 in Nov 21, 2019. Current property owners are expected to pay $17,146 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1290 Bancroft Way was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,233,000. To break that down further, the land itself was valued at $372,000. While improvements to the property were assessed at a total of $868,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Stucco Exterior

Parking

Attached Garage
Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,150
  • Total Building Area: 972
  • Building Area: 972
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 972
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRYANT
  • Land Acres: 0.072
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00006 BLK: AR: 0056 PAGE: 1924

Ownership

  • Current Owner : POWERS ANNE S
  • Current Owner 2: THAPA PRAMISH JUNG
  • Previous Owner : SARENDUC LISA MORRIS
  • Owner Before Previous Owner: OFTEDAHL LAURA R
  • Owner Before Previous Owner 2: LAURA R OFTEDAHL REVOCABLE TRU
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Berkeley Unified School District
  • Census Tract: 423100

Geography

  • Assessors Map Reference: 1-E7
  • Parcel: 56-1924-6
  • Block: O
  • Lot: 6&5
  • Municipality: CITY OF BERKELEY
  • Latitude: 37.865
  • Longitude: -122.287

    Address

  • Full Address: 1290 Bancroft Way
  • Address - House Number: 1290
  • Address - Street Name: Bancroft
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Berkeley
  • Carrier Code: C059
  • 4-Digit Zip Code: 1851
  • Zip Code: 94702

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,146
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 13-000

    Appraisal Valuation

  • Standard Deviation: 0.2269
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 68
  • Final Value: 1,297,624
  • High Value: 1,592,138
  • Low Value: 1,003,110

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $992,000
  • First Open Lien Mortgage Lender: ESTAR MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Loan Amount: $992,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,233,000
  • Assessed Land Value: $372,000
  • Assessed Improvements Value: $868,000

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 17, 2021
  • Current Sale Transaction ID: 11876301940
  • Current Sale Price: $1,240,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021399951
  • Previous Sale Recording Date: Nov 26, 2019
  • Previous Sale Contract Date: Nov 21, 2019
  • Previous Sale Amount: $1,015,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ESTAR MORTGAGE
  • First Mortgage Transaction Date: Dec 17, 2021
  • First Mortgage Loan Amount: $992,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About West Berkeley



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Frequently Asked Questions

What neighborhood is 1290 Bancroft Way located in?
The 1290 Bancroft Way is a house located in the neighborhood of Poet's Corner in West Berkeley, Berkeley.
What is the average sales price for listings in 1290 Bancroft Way?
The average sales price for units in 1290 Bancroft Way is $0 currently.

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