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1518 Parker Street

1518 Parker Street, Berkeley, CA 94703
Property in South Berkeley
Sold Aug 03, 2023
$500,000
$438,000 by Everett Financial, Inc.
Mortgage Due Aug 01, 2053
Sold Jan 13, 2023
$792,000
1518 Parker Street in Berkeley, CA was first built in 1944 and is 80 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1518 Parker Street has 1,006 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,054 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. As for heating, the home is utilizing floor/wall heating system and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 6, 2023 for $500,000. That's $497.02 per sqft. Prior to that sales transaction, the property was also sold in Jan 10, 2023 for $792,000. 1518 Parker Street was last assessed in 2022. The total value of the property was assessed at $48,679. Specifically, the land the property is located on was valued at $26,569. While improvements on the property were assessed at a total of $29,110. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $3,594. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,054
  • Total Building Area: 1,006
  • Building Area: 1,006
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,006
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SMITHS SUB MATHEWS
  • Land Acres: 0.116
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00023 BLK: AR: 0054 PAGE: 1801

Ownership

  • Current Owner : AUBERGE VENTURES LLC
  • Previous Owner : CAHILL PARK PROPERTIES LLC
  • Owner Before Previous Owner: DWYER-CARPENTER ALETA
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Berkeley Unified School District
  • Census Tract: 423400

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 4-A1
  • Parcel: 54-1801-23
  • Block: 34
  • Lot: 11,12
  • Municipality: CITY OF BERKELEY
  • Latitude: 37.8604
  • Longitude: -122.28

    Address

  • Full Address: 1518 Parker St
  • Address - House Number: 1518
  • Address - Street Name: Parker
  • Address - Suffix Type: St
  • State: CA
  • City Name: Berkeley
  • Carrier Code: C009
  • 4-Digit Zip Code: 1823
  • Zip Code: 94703

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,594
  • Tax Rate Code Area: 13-000

    Appraisal Valuation

  • Standard Deviation: 0.2328
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 1,011,075
  • High Value: 1,246,464
  • Low Value: 775,686

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $438,000
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL, INC.
  • First Open Lien Mortgage Recording Date: Aug 03, 2023
  • First Open Lien Mortgage Loan Amount: $438,000
  • 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: Aug 01, 2053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,679
  • Assessed Land Value: $26,569
  • Assessed Improvements Value: $29,110

    Sales

  • Current Sale Contract Date: Jul 06, 2023
  • Current Sale Recording Date: Aug 03, 2023
  • Current Sale Transaction ID: 11911675837
  • Current Sale Price: $500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 88233
  • Previous Sale Recording Date: Jan 13, 2023
  • Previous Sale Contract Date: Jan 10, 2023
  • Previous Sale Amount: $792,000
  • Previous Sale Document Type: Grant Deed

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Frequently Asked Questions

What neighborhood is 1518 Parker Street located in?
The 1518 Parker Street is a located in the neighborhood of South Berkeley in South Berkeley, Berkeley.
What is the average sales price for listings in 1518 Parker Street?
The average sales price for units in 1518 Parker Street is $0 currently.

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