NOT LISTED FOR SALE
5 Beds
4 Baths
1,919 Sq Ft
0.36 Acres

Last Sold February 14, 2022

Last sale price $1,050,000 $547 Per Sq Ft

197 Days on Market

About This Home

As of February 2022

This unique property comes with 4 units, which consists of 2 single family homes and a duplex. A fantastic income producing property with many options. You can rent out all 4 units or live in one and rent out the other 3. Nestled on a hilltop, in a quiet neighborhood, it is tucked away from Highway 9. Truly, a nature lovers paradise, you will get to enjoy daily the serene and peaceful setting, surrounded by towering redwoods. All units were extensively renovated in 2016/2017 both, inside and out.

Last Listed By

Tung Nguyen

Movoto Inc. License #01261363 Listed on: 06/30/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1945

Lot Details

  • 0.36 Acre Lot

Interior Spaces

  • 1,919 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Monitored

Parking

  • 7 Parking Spaces
  • Uncovered Parking

Utilities

  • Heating System Uses Propane
  • Propane
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $168,304

Community Details

Overview

  • 1,919 Sq Ft Building

Building Details

  • 4 Leased Units
  • Insurance Expense $2,518
  • Maintenance Expense $2,010
  • Other Expense $29,314
  • Utility Expense $8,651
  • Trash Expense $934
  • Operating Expense $48,387
  • Gross Income $166,621

Property Details

Home Type

Multi-Family

Year Built

1945

Lot Details

0

Listing Details

  • Zoning: R-1-15
  • Subclass: Multiple Dwellings / Structures
  • Age: 76
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1945

Interior Features

  • Living Sq Ft: 1919
  • Stories: 2
  • Security: Video / Audio System
  • Flooring: Laminate

Garage/Parking

  • Parking Spaces: 7
  • Garage Parking Features: Parking Area, Uncovered Parking

Utilities

  • Heating System: Propane
  • Sewer/Septic System: Septic Connected

Schools

  • School District: San Lorenzo Valley Unified

Lot Info

  • Lot Acres: 0.3600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15682.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15682.00

Rental Info

  • Gross Rent Multiplier: 6.36
  • Number Of Leased: 4

Multi Family

  • Utilities: Propane On Site
  • Expense Insurance: 2518
  • Expense Maintenance: 2010
  • Expenses Other: 29314
  • Expenses Total: 48387
  • Expenses Utility: 8651
  • Expense Trash: 934
  • Income Annual Gross: 166621.00
  • Income Annual Rental: 168304
  • Income Gross Scheduled: 168304
  • Meters: Master Electric
  • Number Of Buildings: 3
  • Operating Expenses Include: Insurance, Maintenance, Utilities
  • Tenant Expenses: Rent Only
  • Vacancy Factor: 1

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

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $1,050,000 -2.0% $547 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $1,070,999 +2.0% $558 / Sq Ft
12/30/2021 12/30/21 Off Market $1,050,000 -- --
06/30/2021 06/30/21 For Sale $1,070,999 +205.9% $558 / Sq Ft
06/20/2016 06/20/16 Sold $350,138 -12.4% $523 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $399,900 0.0% $597 / Sq Ft
04/29/2016 04/29/16 Pending -- -- --
03/23/2016 03/23/16 Price Changed $399,900 -14.9% $597 / Sq Ft
03/14/2016 03/14/16 For Sale $469,900 0.0% $701 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/05/2016 01/05/16 For Sale $469,900 -- $701 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81851421

MLSListings

APN: 079-051-04