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1015 Merced St, Berkeley, California 94707, Berkeley, 94707 - 3 bed, 2 bath

1015 Merced St, Berkeley, California 94707 home-pic-0
ACTIVE$1,798,000$1,834/sqft
Est. Value: $1,651,971
-8%
AboveEstimate
1015 Merced St, Berkeley, California 94707
3Beds
2Baths
1,834Sqft
5,000Lot

Price Vs. Estimate

The estimated value ($1,651,970.63) is $146,029.37 (8%) lower than the list price ($1,798,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1834, other record living area = 1737.

Compared to the nearby listings

Price:$1.80M vs avg $1.65M (+$148,000)55%
Size:1,834 sqft vs avg 1,954 sqft42%
Price/sqft:$980 vs avg $93751%

More Insights

Built in 1913 (113 years old).
Condition: Despite its 1913 build year, this property has been 'taken down to the studs and thoughtfully reimagined for 21st-century living,' indicating a very recent and extensive renovation. The kitchen features high-end Thermador appliances, custom cabinetry, and a wet bar, all in pristine, modern condition. Bathrooms are also fully updated with contemporary fixtures and tiling. Eco-smart upgrades like solar and an on-demand water heater, along with double-pane windows, confirm that all major systems are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1913
Close
-
List price
$1.8M
Original List price
$1.8M
Price/Sqft
$980
HOA
-
Days on market
-
Sold On
-
MLS number
41120514
Home ConditionExcellent
Features
Patio
View-

About this home

Unique Modern Craftsman on a coveted North Berkeley block. This classic Berkeley Brown Shingle was taken down to the studs and thoughtfully reimagined for 21st-century living. Eco smart upgrades like Solar, On demand water heater, convection stove, Double pane windows. Warm, cozy, and rich with character—without the quirks of an older home. Enjoy the charm of a Living room with an efficient gas fireplace - all of the comfort with none of the mess from logs! High-end designer finishes are featured throughout, with an exceptional level of taste, care, and attention to detail in every aspect of the restoration. The architect-designed kitchen offers custom cabinetry, a double oven, Thermador fridge, an additional wet bar with ice maker for entertaining, and seamless access to a professionally landscaped patio and dining area. A stunning large-scale gas fireplace anchors the outdoor space, perfect for gathering on chilly evenings. Ideally located near Monterey Market, North Berkeley Library and Solano Avenue amenities. BESO & Sewer Lateral compliant. Home Energy Score of 8.

M
Martha Becker
Listing Agent

Nearby schools

5/10
Thousand Oaks Elementary School
Public,•K-5•0.3mi
5/10
Oxford Elementary School
Public,•K-5•0.6mi
7/10
Jefferson Elementary School
Public,•K-5•0.7mi
7/10
Cragmont Elementary School
Public,•K-5•0.9mi
7/10
Washington Elementary School
Public,•K-5•1.5mi
6/10
Malcolm X Elementary School
Public,•K-5•2.5mi
7/10
Martin Luther King Middle School
Public,•6-8•0.5mi
9/10
Albany Middle School
Public,•6-8•1.1mi
9/10
Albany High School
Public,•9-12•0.9mi
8/10
Berkeley High School
Public,•9-12•1.4mi

Price History

Date
Event
Price
12/20/13
Sold
$832,000
Condition Rating
Excellent
Despite its 1913 build year, this property has been 'taken down to the studs and thoughtfully reimagined for 21st-century living,' indicating a very recent and extensive renovation. The kitchen features high-end Thermador appliances, custom cabinetry, and a wet bar, all in pristine, modern condition. Bathrooms are also fully updated with contemporary fixtures and tiling. Eco-smart upgrades like solar and an on-demand water heater, along with double-pane windows, confirm that all major systems are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Great Schools: Middle School: Albany Middle School (9/10). High School: Albany High School (9/10).
Comprehensive Modern Renovation: The property underwent an extensive 'down to the studs' renovation, seamlessly blending classic Craftsman charm with 21st-century functionality and comfort, eliminating the typical quirks of an older home.
Premium Finishes & Gourmet Kitchen: Features high-end designer finishes throughout, including an architect-designed kitchen with custom cabinetry, double oven, Thermador fridge, and a wet bar, ideal for entertaining.
Exceptional Energy Efficiency: Equipped with eco-smart upgrades such as solar panels, an on-demand water heater, double-pane windows, and boasts an impressive Home Energy Score of 8, ensuring lower utility costs.
Desirable North Berkeley Location: Situated on a coveted North Berkeley block, offering convenient access to local amenities like Monterey Market, North Berkeley Library, and Solano Avenue.
Enhanced Outdoor Living Space: Includes a professionally landscaped patio and dining area, complete with a stunning large-scale gas fireplace, creating an inviting space for outdoor gatherings.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 1834, other record living area = 1737.
Absence of Central Air Conditioning: The property description does not mention a central cooling system, which might be a consideration for buyers accustomed to or desiring air conditioning, especially during warmer periods.
Potential Parking Limitations: While not explicitly stated, the lack of mention of a garage or dedicated off-street parking could be a drawback in a dense urban area like Berkeley where parking can be at a premium.
Original Construction Age: Despite a comprehensive renovation, the property's 1913 original build year may still present a psychological barrier or preference for some buyers exclusively seeking brand-new construction.
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