NOT LISTED FOR SALE

1050 Stuart St Lafayette, CA 94549

Downtown Lafayette Neighborhood

Estimated Value: $1,446,000 - $2,371,000

Studio
-- Bath
2,932 Sq Ft
$651/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $865,000 $295 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $11,164/month

97 Days on Market

Highlights

  • Panoramic View
  • Secluded Lot
  • Wood Flooring
  • Lafayette Elementary School Rated A
  • Traditional Architecture
  • Coin Laundry

About This Home

As of October 2014

1050-1056 Stuart: (SF MLS 423535) Four income units, which are all month-to-month leases, including parking, outdoor space with hardwood and carpet floors; two units are furnished. Great potential, views, pleasant setting. Rents are at $5,725/month* Two Units Vacant. There are some deferred maintenance issues, e.g. shared driveway in need of repair, buyers advised to investigate land/soils condition and zoning capacity. Driveway easement discrepancy issue may restrict to all-cash buyers, buyers must investigate. Initial Notice of Default was filed against property recently. 1050-1056 Parcel is approximately 9500 sqft (≈ .2181 ac). Two vacant parcels leading to 4-plex are also for sale for $1.798M. Subject to short-sale approval

Last Agent to Sell the Property

Kevin Ho

Vanguard Properties License #DRE #01875957 Listed on: 07/25/2014

Vanguard Properties

Co-Listed By

Esperanza Cardenas

Alliance Bay Realty License #01073604

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • 9,500 Sq Ft Lot
  • Secluded Lot

Property Views

  • Panoramic
  • Woods
  • Mountain

Home Design

  • Quadruplex
  • Traditional Architecture
  • Rustic Architecture
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Redwood Siding

Interior Spaces

  • 2,932 Sq Ft Home
  • Window Screens
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Wood
  • Carpet

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters

Community Details

  • 4 Units
  • Coin Laundry

Listing and Financial Details

  • Assessor Parcel Number 2330210176

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Architectural Style: Rustic, Traditional
  • Year Built: 1942
  • Special Features: 12
  • Stories: 0

Interior Features

  • Basement: None
  • Appliances: Dishwasher, Free Standing Refrigerator, OVFR
  • Flooring: Carpet, Wood
  • Laundry Features: Coin Operated
  • Price Per Square Foot: 295.02
  • Square Footage: 2932.00
  • Window Features: Window Coverings, Window Screens

Exterior Features

  • Construction Materials: Frame, Redwood Siding, Wood
  • Patio And Porch Features: PATO
  • Roof: Composition
  • View: Mountains, Panoramic, Woods

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 4.00
  • Independent Parking Spaces: 4

Utilities

  • Heating: Gas, Wall Furnace
  • Security Features: Smoke Detector

Lot Info

  • Assessor Parcel Number: 2330210176
  • Lot Features: Secluded, Shape Regular
  • Lot Size Acres: 0.2181
  • Lot Size Sq Ft: 9500.00
  • Lot Size Units: SqFt
  • Price Per Acre: 3966070.61
  • Zoning: C-1

Rental Info

  • Lease Term: MTOM,SCDP

Building Info

  • Number of Units Total: 4

Multi Family

  • Gross Rent Multiplier: 12.59
  • Separate Meters: Electricity, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2014
Closed on
Oct 29, 2014
Sold by
Freethy Sandra
Bought by
Freethy James
Seller's Agent
Kevin Ho
Vanguard Properties
List Price
$865,000
Sold Price
$865,000
Current Estimated Value
$1,908,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,043,500
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
Oct 24, 2006
Sold by
Spragens Stephen M and Mcevoy Laura J
Bought by
Enriquez Michael D and Enriquez Leonora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$722,000
Interest Rate
8.42%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 17, 2004
Sold by
Riniker Walker John and Riniker Dolores Bernadetta
Bought by
Spragens Stephen M and Mcevoy Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage
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
Freethy James -- Old Republic Title Company
Freethy James $865,000 Old Republic Title Company
Enriquez Michael D $960,000 Chicago Title Co
Spragens Stephen M $740,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Enriquez Michael D $722,000
Previous Owner Spragens Stephen M $518,000
Closed Spragens Stephen M $74,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $865,000 0.0% $295 / Sq Ft
10/30/2014 10/30/14 Pending -- -- --
07/25/2014 07/25/14 For Sale $865,000 -- $295 / Sq Ft
Source: San Francisco Association of REALTORS®

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 $15,394 $1,039,592 $721,106 $318,486
2024 $14,974 $1,019,209 $706,967 $312,242
2023 $14,974 $999,225 $693,105 $306,120
2022 $14,910 $979,633 $679,515 $300,118
2021 $14,456 $960,426 $666,192 $294,234
2019 $13,884 $931,941 $646,434 $285,507
2018 $13,427 $913,668 $633,759 $279,909
2017 $13,123 $895,754 $621,333 $274,421
2016 $12,826 $878,191 $609,150 $269,041
2015 $12,458 $865,000 $600,000 $265,000
2014 $12,866 $900,000 $299,900 $600,100
Source: Public Records

Agents Affiliated with this Home

  • Kevin Ho

    Seller's Agent in 2014

    Kevin Ho

    Vanguard Properties

    (415) 297-7462

    83 Total Sales

    Kevin Ho
    Section Image
  • Esperanza Cardenas

    Seller Co-Listing Agent in 2014

    Esperanza Cardenas

    Alliance Bay Realty

    (510) 928-8911

    1 Total Sale

    Esperanza Cardenas
    Section Image
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Map

Source: San Francisco Association of REALTORS®

MLS Number: 423535

San Francisco Association of REALTORS®

APN: 233-021-017-6

California Contra Costa County Lafayette 94549 Downtown Lafayette

1050 Stuart St, Lafayette, CA

Not Listed for Sale

MultiFamily

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