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2870 Webster Street

2870 Webster Street, Berkeley, CA 94705
Sold Aug 28, 2019
$2,301,000
$1,600,000 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2052
2870 Webster Street 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 1923 and is 101 years old. However, we must point out that the home was most recently renovated and altered in 1929. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2870 Webster Street has 2,296 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 4,935 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

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. 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. The property was last sold in Aug 22, 2019 for $2,301,000. That's $1,002.18 per sqft. 2870 Webster Street was last assessed in 2022. The total value of the property was assessed at $2,684,318. Specifically, the land the property is located on was valued at $772,920. While improvements on the property were assessed at a total of $1,918,398. 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 $38,895. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 1923
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,935
  • Total Building Area: 2,296
  • Gross Building Area: 2,296
  • Building Area: 2,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KELLERSBERGERS MAP
  • Land Acres: 0.113
  • Standard Land Use Code: Duplex (2 units, any combination)
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00069 BLK: AR: 0052 PAGE: 1564

Ownership

  • Current Owner : RAHN GREGORY D
  • Current Owner 2: BADJOVA MILLENA M
  • Previous Owner : LYNCH KENDERTON SMITH
  • Previous Owner 2: LYNCH FAMILY 1992 TRUST
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Berkeley Unified School District
  • Census Tract: 423800

Geography

  • Assessors Map Reference: 4-D2
  • Parcel: 52-1564-69
  • Lot: 75
  • Municipality: CITY OF BERKELEY
  • Latitude: 37.8559
  • Longitude: -122.248

    Address

  • Full Address: 2870 Webster St
  • Address - House Number: 2870
  • Address - Street Name: Webster
  • Address - Suffix Type: St
  • State: CA
  • City Name: Berkeley
  • Carrier Code: C008
  • 4-Digit Zip Code: 2617
  • Zip Code: 94705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $38,895
  • Tax Rate Code Area: 13-000

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 71
  • Final Value: 2,029,299
  • High Value: 2,457,794
  • Low Value: 1,600,803

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,600,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 09, 2022
  • First Open Lien Mortgage Loan Amount: $1,600,000
  • 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: Mar 01, 2052

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,684,318
  • Assessed Land Value: $772,920
  • Assessed Improvements Value: $1,918,398

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 22, 2019
  • Current Sale Recording Date: Aug 28, 2019
  • Current Sale Transaction ID: 11644085422
  • Current Sale Price: $2,301,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2019168445

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Aug 28, 2019
  • First Mortgage Loan Amount: $1,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Sep 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About North Hills



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Frequently Asked Questions

What neighborhood is 2870 Webster Street located in?
The 2870 Webster Street is a located in the neighborhood of Claremont Elmwood in North Hills, Berkeley.
What is the average sales price for listings in 2870 Webster Street?
The average sales price for units in 2870 Webster Street is $0 currently.

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