NOT LISTED FOR SALE

1217 Main St Newman, CA 95360

Estimated Value: $598,489

2 Beds
1 Bath
3,315 Sq Ft
$181/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $550,000 $166 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,781/month

156 Days on Market

Highlights

  • Golf Course Community
  • City Lights View
  • Property is near public transit
  • Dance Studio
  • Midcentury Modern Architecture
  • 5-minute walk to Copeland Park

About This Home

As of April 2023

Welcome to the Central Valley and all the beauty that Newman has to offer! Located in the heart of California's agricultural center and known for its annual Fall Festival and small town charm, the City of Newman retains its rural flavor while keeping up with larger more-urbanized communities.Multi-tenant investment. Here is your chance to invest in the jewel of the West Side of California's central valley. Sale includes 1217 & 1219 Main st. The 2015 sq ft (buyer to verify square footage) commercial property was recently a dance studio with 3 offices, a bathroom and a large backyard. Upstairs apartment is a lovely 2/1, 1300 sq ft (buyer to verify square footage) with views of Main st. There is also a two car garage located in the alley. Rental rates estimated to be; apartment: $1450-$1650/month. Commercial space: $1800-$2000. Currently both units are empty and ready for the tenant placement. Contact Listing Agent for showing information.

Last Agent to Sell the Property

Adam McKaig

Douglas Elliman of California License #01237501 Listed on: 10/10/2022

Douglas Elliman of California

Last Buyer's Agent

Nonmember Nonmember

Nonmember Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,551

Year Built

  • Built in 1949

Lot Details

  • 3,485 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Northeast Facing Home
  • Wood Fence
  • Fence is in average condition
  • Level Lot
  • No Sprinklers
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door

Property Views

  • City Lights
  • Woods
  • Orchard Views
  • Mountain
  • Neighborhood

Home Design

  • Midcentury Modern Architecture
  • Contemporary Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Flat Roof Shape
  • Slab Foundation
  • Interior Block Wall
  • Pre-Cast Concrete Construction

Interior Spaces

  • 3,315 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Home Office
  • Dance Studio

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 1 Bathroom

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Air
  • Combination Of Heating Systems

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Assessor Parcel Number 128010030000

Community Details

Overview

  • Kesterson National Wildlife Refuge
  • Property is near a preserve or public land

Recreation

  • Golf Course Community
  • Park
  • Bike Trail

Building Details

  • Insurance Expense $900
  • Trash Expense $600
  • Operating Expense $3,200
  • Gross Income $3,650
  • Net Operating Income $3,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,551

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Park Name: Kesterson National Wildlife Refuge
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Gravel, Paved
  • View: Yes
  • Zoning: C-1
  • Architectural Style: Contemporary, Mid Century Modern
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 128010030000
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Block Walls
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Concrete, Wood
  • Accessibility Features: Parking, See Remarks
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 177.68
  • Room Type: All Bedrooms Up, Kitchen, Office, Living Room, Dance Studio

Exterior Features

  • Direction Faces: Northeast
  • Foundation: Slab
  • View: City Lights, Trees/Woods, Orchard, Neighborhood, Mountain(s)
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Combination
  • Trash Expense: 600.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Golf, Biking, Urban, Sidewalks, Street Lights, Storm Drains, Preserve/Public Land, Park, Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, 2-5 Units/Acre, Sprinklers None, Near Public Transit, Level with Street, Walkstreet
  • Lot Size Sq Ft: 3484.80
  • Lot Size Acres: 0.0800

Multi Family

  • Gross Income: 3650.00
  • Gross Scheduled Income: 3650.00
  • Insurance Expense: 900.00
  • Lot Size Area: 0.0800 Acres
  • Net Operating Income: 3350.00
  • Operating Expense: 300.00
  • Rent Control: No
  • Total Expenses: 3200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2022
Closed on
Mar 21, 2023
Sold by
Salmon Lindsay
Bought by
Garcia Humberto Alfred and Salazar Judith Rosario
Seller's Agent
Adam McKaig
Douglas Elliman of California
Buyer's Agent
Nonmember Nonmember
Nonmember Office
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%
Views
199
Current Estimated Value
$598,489

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,489
Avg. Annual Appreciation
3.28%
Original Mortgage
$475,000
Interest Rate
6.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 27, 2016
Sold by
Ristow Gary G and Maier Traci
Bought by
Salmon Martin Lee

Purchase Details

Closed on
Mar 9, 2016
Sold by
Ristow Gary G
Bought by
Ristow Gary C and Mafer Traci

Purchase Details

Closed on
Mar 31, 2012
Sold by
Anaya Carmen D and Anaya Rafael G
Bought by
Mussetti Ronald J and Ristow Gary G

Purchase Details

Closed on
Oct 6, 2006
Sold by
Schouten Leon and Schouten Jeanette
Bought by
Anaya Rafael G and Anaya Carmen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.46%
Mortgage Type
Commercial

Purchase Details

Closed on
May 30, 2000
Sold by
Faria Edward L and Faria Emily M
Bought by
Schouten Leon and Schouten Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,556
Interest Rate
7.03%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Garcia Humberto Alfred $550,000 Lawyers Title
Salmon Martin Lee $213,500 Fidelity National Title Co
Ristow Gary C -- None Available
Mussetti Ronald J -- None Available
Anaya Rafael G $400,000 New Century Title Company
Schouten Leon -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Humberto Alfred $438,750
Closed Garcia Humberto Alfred $475,000
Previous Owner Anaya Rafael G $400,000
Previous Owner Schouten Leon $118,440
Previous Owner Schouten Leon $115,556
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $550,000 -6.6% $166 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
10/10/2022 10/10/22 For Sale $589,000 -- $178 / Sq Ft
Source: Ventura County Regional Data Share

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
2024 $6,551 $561,000 $95,880 $465,120
2023 $2,873 $242,918 $44,940 $197,978
2022 $2,829 $238,156 $44,059 $194,097
2021 $2,787 $233,488 $43,196 $190,292
2020 $2,733 $231,095 $42,754 $188,341
2019 $2,746 $226,565 $41,916 $184,649
2018 $2,568 $222,124 $41,095 $181,029
2017 $2,792 $217,770 $40,290 $177,480
2016 $1,520 $127,323 $25,464 $101,859
2015 $1,565 $125,411 $25,082 $100,329
2014 -- $122,955 $24,591 $98,364
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-15239

Ventura County Regional Data Share

APN: 128-10-30