NOT LISTED FOR SALE

Estimated Value: $1,158,000 - $1,589,000

6 Beds
12 Baths
2,853 Sq Ft
$512/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $895,000 $314 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,663/month

33 Days on Market

Highlights

  • City View
  • Ranch Style House
  • Baseboard Heating
  • Petaluma Junior High School Rated A-
  • Attached Garage
  • Carpet

About This Home

As of February 2014

This well maintained West Petaluma Triplex is 100% leased. Situated on a Cul-de-Sac with plenty of parking. Each unit has a 2 bedrooms, one and one half baths, garage and a deck with views of Petaluma. Located blocks from downtown. This is a must see for investors.

Last Agent to Sell the Property

Kevin Gonsalves

Inactive Office License #01442597 Listed on: 01/18/2014

Inactive Office

Co-Listed By

Ronald Herrerias

Herrerias Real Estate License #01877167

Last Buyer's Agent

109 Nicholas Ct Property

W Real Estate License #00661442

W Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,782

Year Built

  • Built in 1975

Lot Details

  • 8,298 Sq Ft Lot
  • Irregular Lot

Home Design

  • Triplex
  • Ranch Style House
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 6 Bedrooms
  • 2,853 Sq Ft Home
  • Carpet
  • City Views
  • Fire Suppression System
  • Dishwasher

Parking

  • Attached Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $45,000

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection
  • Assessor Parcel Number 006-311-025-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,782

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Triplex
  • Directions To Property: West on Washington Street. Left on Howard Street. Right on Stanley Street. Right on High Street.
  • Lot Size Acres: 0.1905
  • CapRate: 3.00
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Ranch
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Free Standing Refrigerator, OVFR
  • Flooring: Carpet
  • Price Per Square Foot: 313.70
  • Square Footage: 2853
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Cul-De-Sac, Shape Irregular
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Features: Attached, Garage, Off Street, Street

Utilities

  • Security Features: Fire Suppression System
  • Sewer: Public Sewer
  • Utilities: All Electric, Cable Available, Cable Connected, PGEE
  • Water Source: Public
  • Heating: Baseboard, Electric
  • Laundry Features: NONE
  • Separate Meters: Electricity

Lot Info

  • Assessor Parcel Number: 006-311-025-000
  • Lot Size Sq Ft: 8298

Rental Info

  • TenantPays: Cable TV, Electricity, Trash Collection

Building Info

  • Year Built: 1975

Multi Family

  • NumberOfUnitsTotal: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2014
Closed on
Feb 18, 2014
Sold by
Asch Latimer and Asch Rachel
Bought by
Kennedy 2000 Family Partnership
Seller's Agent
Kevin Gonsalves
Inactive Office
Buyer's Agent
109 Nicholas Ct Property
W Real Estate
List Price
$895,000
Sold Price
$895,000
Current Estimated Value
$1,460,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,334
Avg. Annual Appreciation
4.28%

Purchase Details

Closed on
Mar 28, 2003
Sold by
Asch Latimer and Asch Rachel
Bought by
Asch Latimer and Asch Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.79%

Purchase Details

Closed on
Mar 25, 2003
Sold by
Ritz Ronald R and Ritz Judith A
Bought by
Asch Latimer and Asch Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Interest Rate
5.79%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kennedy 2000 Family Partnership $895,000 Fidelity National Title Co
Asch Latimer -- Fidelity National Title Co
Asch Latimer -- --
Asch Latimer $720,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asch Latimer $355,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2014 02/21/14 Sold $895,000 0.0% $314 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
01/18/2014 01/18/14 For Sale $895,000 -- $314 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $11,782 $1,097,135 $438,852 $658,283
2024 $11,782 $1,075,624 $430,248 $645,376
2023 $11,782 $1,054,534 $421,812 $632,722
2022 $11,457 $1,033,858 $413,542 $620,316
2021 $11,241 $1,013,587 $405,434 $608,153
2020 $11,339 $1,003,195 $401,277 $601,918
2019 $11,198 $983,525 $393,409 $590,116
2018 $11,156 $964,242 $385,696 $578,546
2017 $10,921 $945,336 $378,134 $567,202
2016 $10,671 $926,801 $370,720 $556,081
2015 $10,522 $912,881 $365,152 $547,729
2014 $8,565 $729,500 $446,000 $283,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21400988

Bay Area Real Estate Information Services (BAREIS)

APN: 006-311-025