tomo logo

$1,349,000

Beds
5
Baths
3.0
sq ft
1,902

1508 Stuart St, Berkeley, CA 94703

1508 Stuart St

Berkeley, CA 94703

  • 13 days on market
Two single-family homes on one lot: perfect for multi-generational living or generating rental income. The front home is a 3 bed / 2 bath bungalow with hardwood floors, updated windows, and a spacious primary suite with an attached bath. Tucked towards the rear of the lot, the second home, built in 1987, boasts 2 beds / 1 bath and a private deck and backyard. Both homes feature updated kitchens and baths. Owned solar panels offset electricity costs for both homes. The expansive backyard is a haven for outdoor living, offering a separate detached building ideal for an art studio or home office. Multiple seating areas for relaxing & entertaining. Located in South Berkeley, the property is minutes from restaurants, shops, public transit, and more. Walk Score of 83 and Bike Score of 91, BART, Berkeley Bowl, and multiple parks are easily accessible. Parking is convenient, with space for one car in the driveway and the option for additional off-street parking behind the driveway gate.

Details

Property type

Single Family Residence

Est. home value

$1,522,599

Lot size

5,400 sq ft

Price per sq ft

$710

Year built

1921

Price History

06/19/2024
BridgeMLS

BridgeMLS #41063854

Listed
$1,349,000
-10.07%
09/26/2022
BridgeMLS

BridgeMLS #41005942

Sold
$1,500,000
+36.36%
05/04/2016
BridgeMLS

BridgeMLS #40733444

Sold
$1,100,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$71,018
Asking price
$1,349,000
Closing costs (~8% of asking)
-$107,920
Est. remaining loan balance
-$1,170,062
Cash to seller
$71,018

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

September 2022

Original loan amount

$1,200,000

Est. remaining balance

$1,170,062

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Deirdre Killebrew and David Matus

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?

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Status: Active

Tomo last checked: 07/03/2024 at 10:40 AM

Listing updated: 07/03/2024 at 7:18 AM

Listed by: Matthew Vance, COMPASS Phone #: (510) 604-8000

MLS: BridgeMLS #41063854

BridgeMLS logo

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