tomo logo

$2,295,000

Beds
3
Baths
2.5
sq ft
2,845

1061 Sterling Ave, Berkeley, CA 94708

1061 Sterling Ave

Berkeley, CA 94708

  • 12 days on market
    • Price drop $100,000↓
Nestled in the coveted Berkeley Hills with breathtaking bridge-to-bridge views of the San Francisco Bay this stunning, architecturally dramatic home boasts soaring high ceilings, top-of-the-line finishes. Meticulously updated throughout + for luxurious living, this residence blends elegance, style + modern sophistication in an unbeatable setting. The chef’s kitchen features state-of-the-art stainless steel appliances, sleek concrete countertops + bar seating + seamless flow into the media lounge and outdoor balcony. The dining room opens to a sunken living room with metal clad fireplace + wet bar that opens to an expansive redwood deck that sets the stage for unforgettable entertainment + perfect indoor-outdoor flow. Upstairs, 3 spacious bedrooms w. stunning views, including a luxurious primary suite, spa-inspired bathroom w. steam shower and balcony overlooking the Bay. Plus, an office nook, a huge 2-car garage w. storage + level garden area—perfect for planting vegetable beds and fruit trees. Ideally located close to parks and transportation, this Berkeley Hills masterpiece is perfect for those who love to live and entertain in style.

Details

Property type

Single Family Residence

Est. home value

$2,693,893

Lot size

5,085 sq ft

Price per sq ft

$807

Year built

1986

HOA

No

Price History

03/19/2025
BridgeMLS

BridgeMLS #41089982

Listed
$2,295,000
-4.38%
04/09/2021
BridgeMLS

BridgeMLS #40931871

Sold
$2,400,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Berkeley (510) 644-6150

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$584,320
Asking price
$2,295,000
Closing costs (~8% of asking)
-$183,600
Est. remaining loan balance
-$1,527,080
Cash to seller
$584,320

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

March 2021

Original loan amount

$1,680,000

Est. remaining balance

$1,527,080

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Shaily Jaini Garg and Rajgopal Rayru

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 1:05 PM

Listing updated: 03/26/2025 at 2:45 PM

Listed by: Anja Plowright, The Grubb Co. Inc. Phone #: (510) 593-8376

MLS: BridgeMLS #41089982

BridgeMLS logo

Recently listed in Berkeley

$995,000|2 bd|1.0 ba|House
$995,000|3 bd|2.0 ba|House
$948,000|3 bd|2.5 ba|House
$649,999|1 bd|1.0 ba|Condo
$1,295,000|2 bd|3.0 ba|House
$1,699,000|2 bd|3.0 ba|House
$1,295,000|3 bd|3.0 ba|House