NOT LISTED FOR SALE

1004 Drake Dr Davis, CA 95616

Central Davis Neighborhood

Estimated Value: $903,000 - $999,000

5 Beds
3 Baths
2,237 Sq Ft
$421/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $498,000 $223 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,591/month

19 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Central Heating and Cooling System
  • Robert E. Willett Elementary School Rated A
  • Patio
  • Carpet

About This Home

As of August 2013

Excellent central Davis duplex. Close to UCDavis, shopping, freeway and bus lines. Covered parking, indoor laundry rooms. Includes refrigerators plus washers & dryers. Clear city of Davis resale and Woodland Davis Pest reports in hand. Both units rented until 8/31/2014. Price includes a credit in the amount of $15,000 for a new roof.

Last Agent to Sell the Property

Roy Kroener

Coldwell Banker Select Real Estate License #00880946 Listed on: 07/10/2013

Last Buyer's Agent

Roy Kroener

Coldwell Banker Select Real Estate License #00880946 Listed on: 07/10/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 7,706

Parking

  • 1 Parking Space Included

Home Design

  • Duplex
  • Flat Roof Shape

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Carpet

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • 7,706 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 034-041-017-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1971
  • Architectural Style: Ranch
  • Stories: 1
  • Number of Three Bedroom Units: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Electric Cook Top
  • Flooring: Carpet
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: CC&Rs,Pest Control Report Clear
  • Listing Price: 515000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Flat

Garage/Parking

  • Parking Features: Carport,1 Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: R
  • Lot Size Acres: 0.1769
  • Lot Size Sq Ft: 7706

Rental Info

  • Tenant Pays: Rent Only
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 034-041-017-000

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2013
Closed on
Aug 21, 2013
Sold by
Leung Leung Eileen C Eileen C and Leung Peter C Y
Bought by
Lee James and Teng Suhsin
Seller's Agent
Roy Kroener
Coldwell Banker Select Real Estate
Buyer's Agent
Roy Kroener
Coldwell Banker Select Real Estate
List Price
$515,000
Sold Price
$498,000
Premium/Discount to List
-$17,000
-3.3%
Current Estimated Value
$941,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,104
Avg. Annual Appreciation
5.28%
Original Mortgage
$300,000
Outstanding Balance
$222,564
Interest Rate
4.33%
Mortgage Type
New Conventional
Estimated Equity
$718,540

Purchase Details

Closed on
Nov 8, 2000
Sold by
Leung Eileen C
Bought by
Leung Eileen C

Purchase Details

Closed on
Mar 31, 1998
Sold by
Leung Peter C Y and Leung Eileen C
Bought by
Leung Peter C Y and Leung Eileen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.07%

Purchase Details

Closed on
Dec 30, 1996
Sold by
Leung Peter C Y and Leung Eileen C
Bought by
Leung Peter C Y and Leung Eileen C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lee James $498,000 Placer Title Company
Leung Eileen C -- --
Leung Peter C Y -- Placer Title Company
Leung Peter C Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee James $300,000
Previous Owner Leung Peter C Y $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $498,000 -3.3% $223 / Sq Ft
07/29/2013 07/29/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $515,000 -- $230 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,098 $610,472 $275,815 $334,657
2023 $8,098 $586,768 $265,105 $321,663
2022 $7,764 $575,263 $259,907 $315,356
2021 $7,585 $563,984 $254,811 $309,173
2020 $7,465 $558,202 $252,199 $306,003
2019 $7,141 $547,257 $247,254 $300,003
2018 $6,652 $536,527 $242,406 $294,121
2017 $6,516 $526,007 $237,653 $288,354
2016 $6,306 $515,694 $232,994 $282,700
2015 $6,090 $507,949 $229,495 $278,454
2014 $6,090 $498,000 $225,000 $273,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Roy Kroener

    Coldwell Banker Select Real Estate

See All Agents

Map

Source: MetroList

MLS Number: 13039824

MetroList

APN: 034-041-017-000

California Yolo County Davis 95616 Central Davis

1004 Drake Dr, Davis, CA

Not Listed for Sale

MultiFamily

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