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1514 Cedar Street

1514 Cedar Street, Berkeley, CA 94703
Property in Central Berkeley
Sold Feb 27, 2004
$615,000
$492,000 by Mortgage Capital Associates In
Mortgage Due Mar 01, 2034
Local assessors in Berkeley, CA have categorized 1514 Cedar Street as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1940. The property's lot size has been calculated to be 5,130 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 370 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1514 Cedar Street has a total of 1,246 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of tar and gravel. Lots of stucco were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1514 Cedar Street was last sold in Feb 23, 2004 for $615,000. According to our calculations, that's $493.58 per sqft. Current property owners are expected to pay $12,075 in taxes per year. The property on 1514 Cedar Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $816,927. To break that down further, the land itself was valued at $247,178. While improvements to the property were assessed at a total of $576,749. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,130
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 370
  • Total Building Area: 1,246
  • Building Area: 1,246
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,246
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TEACHERS ESTATE UNIV HOMESTEAD
  • Land Acres: 0.118
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00026 BLK: AR: 0058 PAGE: 2154

Ownership

  • Current Owner : WEN FENG
  • Previous Owner : TAEED MANSOUR
  • Previous Owner 2: TAEED AFSANEH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Berkeley Unified School District
  • Census Tract: 422300

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 2-A5
  • Parcel: 58-2154-26
  • Block: 1
  • Lot: 15
  • Municipality: CITY OF BERKELEY
  • Latitude: 37.8766
  • Longitude: -122.282

    Address

  • Full Address: 1514 Cedar St
  • Address - House Number: 1514
  • Address - Street Name: Cedar
  • Address - Suffix Type: St
  • State: CA
  • City Name: Berkeley
  • Carrier Code: C002
  • 4-Digit Zip Code: 1027
  • Zip Code: 94703

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,075
  • Tax Rate Code Area: 13-000

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 1,364,004
  • High Value: 1,611,854
  • Low Value: 1,116,154

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $553,500
  • First Open Lien Mortgage Lender: MORTGAGE CAPITAL ASSOCIATES IN
  • First Open Lien Mortgage Recording Date: Feb 27, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $492,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2034
  • Second Open Lien Mortgage Recording Date: Feb 27, 2004
  • Second Open Lien Mortgage Loan Amount: $61,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2034

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $816,927
  • Assessed Land Value: $247,178
  • Assessed Improvements Value: $576,749

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 23, 2004
  • Current Sale Recording Date: Feb 27, 2004
  • Current Sale Transaction ID: 1030711907
  • Current Sale Price: $615,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2004082677

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE CAPITAL ASSOCIATES IN
  • First Mortgage Transaction Date: Feb 27, 2004
  • First Mortgage Loan Amount: $492,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2034
  • Second Mortgage Loan Amount: $61,500

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 1514 Cedar Street located in?
The 1514 Cedar Street is a located in the neighborhood of Central Berkeley in Central Berkeley, Berkeley.
What is the average sales price for listings in 1514 Cedar Street?
The average sales price for units in 1514 Cedar Street is $0 currently.

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