tomo logo

$1,250,000

Beds
2
Baths
1.0
sq ft
1,040

2516 Mathews St, Berkeley, CA 94702

2516 Mathews St

Berkeley, CA 94702

  • 21 days on market
    • Open house Nov 24
**2516 Mathews: Classic Craftsman Charm in a Close-Knit Berkeley Community** 2516 Mathews is a beautifully remodeled, classic Berkeley Craftsman home with two bedrooms, one bath, and a warm neighborhood setting. Available as a Tenant-in-Common (TIC) purchase, this property can be bought individually or together with 2514 Mathews, offering unique flexibility for those seeking a blend of community and convenience. Inside, you’ll find a brand-new kitchen with custom woodwork, upgraded flooring, and high-quality amenities throughout. Private front and backyard spaces are ideal for outdoor dining and gatherings, while convenient parking and storage space for bikes and equipment make it easy to enjoy an active lifestyle. Located on a quiet residential street close to San Pablo Ave., neighbors describe the area as a “really cool neighborhood” where kids play in the street, teenagers and young families gather, and best friends are often found right next door. Longtime residents, including many teachers, love the sense of community. Tennis and pickleball courts are just five blocks away in either direction, and the home is close to San Pablo Park, Berkeley Bowl, Ashby BART, and top-rated schools, making it an ideal blend of tranquility and accessibility. With TIC ownership, you’ll benefit from competitive 30-year fixed interest rates, reduced property taxes, and up to 50% lifetime savings on shared expenses like trash, landscaping, and maintenance. TICs now allow separate mortgages, providing full financing flexibility. The home is equipped with future-proof features, including car-charging capability, offering up to 90% savings per mile driven. Don’t miss your chance to own a part of this lively, welcoming neighborhood at 2516 Mathews. This property is transparently priced at list.

Details

Property type

Single Family Residence

Est. home value

$1,035,587

Property condition

Updated/Remodeled

Lot size

2,273 sq ft

Price per sq ft

$1,202

Year built

1924

HOA

No

Price History

11/01/2024
CRMLS

CRMLS #OC24226187

Listed
$1,250,000
+3.31%
05/02/2022
MLSL

MLSL #ML81885802

Sold
$1,210,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Suburban, Sidewalks, Park

High school district: 

Berkeley

Seller’s Loan History

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

Lender

First Republic Bank

Loan start date

May 2022

Original loan amount

$726,000

Est. remaining balance

Not provided

Interest rate

4.05%

Loan type

New Conventional, 30 year

Seller

New Avenue Fund 2021A Llc

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: 11/21/2024 at 8:50 PM

Listing updated: 11/18/2024 at 2:45 PM

Listed by: Joe Homs, H & M Realty Group Phone #: (949) 625-4533

MLS: CRMLS #OC24226187

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