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547 Grizzly Peak Boulevard

547 Grizzly Peak Boulevard, Berkeley, CA 94708
Property in Southampton
Sold Dec 08, 2022
$2,238,000
$1,638,000 by Mufg Union Bank Na
Mortgage Due Jan 01, 2053
Sold Jul 29, 1994
$632,000
547 Grizzly Peak Boulevard 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 1940 and is 84 years old. However, we must point out that the home was most recently renovated and altered in 1960. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 547 Grizzly Peak Boulevard has 2,855 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 4,716 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. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as excellent. 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 B by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood shingle. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 547 Grizzly Peak Boulevard sold most recently in Nov 21, 2022 for a total of $2,238,000. If you work out the math, that's approximately a cost of $783.89 per sqft. Before that, the property was also sold for $632,000 in Jul 22, 1994. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,559 in taxes each year. 547 Grizzly Peak Boulevard was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $330,814. If we break it down further, the land itself was valued at $101,345. Improvements to the property, however, were assessed at a total of $236,469. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1960
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Excellent
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Other
  • Exterior Walls Type: Wood shingle
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 438
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,716
  • Total Building Area: 2,855
  • Gross Building Area: 438
  • Building Area: 2,855
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,855
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NORTH CRAGMONT
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00034 BLK: AR: 0063 PAGE: 3100

Ownership

  • Current Owner : SMITH DAVID SCOTT
  • Current Owner 2: SMITH MONICA L
  • Previous Owner : RHODA ALVAREZ LIVING TRUST
  • Owner Before Previous Owner: ELSE THOMAS J
  • Owner Before Previous Owner 2: ELSE KAREN B
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Berkeley Unified School District
  • Census Tract: 421100

Zoning

  • Zoning: R1H

Geography

  • Assessors Map Reference: 2-B1
  • Parcel: 63-3100-34
  • Block: 31
  • Lot: 97&98
  • Municipality: CITY OF BERKELEY
  • Latitude: 37.9023
  • Longitude: -122.267

    Address

  • Full Address: 547 Grizzly Peak Blvd
  • Address - House Number: 547
  • Address - Street Name: Grizzly Peak
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Berkeley
  • Carrier Code: C085
  • 4-Digit Zip Code: 1212
  • Zip Code: 94708

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,559
  • Tax Rate Code Area: 13-000

    Appraisal Valuation

  • Standard Deviation: 0.2115
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 71
  • Final Value: 2,219,299
  • High Value: 2,688,772
  • Low Value: 1,749,827

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,638,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK NA
  • First Open Lien Mortgage Recording Date: Dec 08, 2022
  • First Open Lien Mortgage Loan Amount: $1,638,000
  • 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, 2053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $330,814
  • Assessed Land Value: $101,345
  • Assessed Improvements Value: $236,469

    Sales

  • Current Sale Contract Date: Nov 21, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Transaction ID: 11900186678
  • Current Sale Price: $2,238,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 194977
  • Previous Sale Recording Date: Jul 29, 1994
  • Previous Sale Contract Date: Jul 22, 1994
  • Previous Sale Amount: $632,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Dec 08, 2022
  • First Mortgage Loan Amount: $1,638,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

About Berkeley Hills



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Frequently Asked Questions

What neighborhood is 547 Grizzly Peak Boulevard located in?
The 547 Grizzly Peak Boulevard is a located in the neighborhood of Southampton in Berkeley Hills, Berkeley.
What is the average sales price for listings in 547 Grizzly Peak Boulevard?
The average sales price for units in 547 Grizzly Peak Boulevard is $0 currently.

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