NOT LISTED FOR SALE

1280 Hearn Ave Santa Rosa, CA 95407

Estimated Value: $563,000 - $876,000

4 Beds
5 Baths
2,137 Sq Ft
$356/Sq Ft Est. Value

Last Sold February 05, 2013

Last sale price $325,000 $152 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $4,384/month

66 Days on Market

Highlights

  • Contemporary Architecture
  • Fireplace
  • Tile Flooring
  • Fenced Yard
  • Attached Garage
  • Landscaped

About This Home

As of February 2013

Outstanding property. Buildings are 5 years old. No repairs or up-dating needed. Each unit has it's own garage and private yard. Lovely Cherry stained Alder Cabinets, Tile & Carpet Floors, Granite Counter in Kitchens, and Central Air & Heat. Fully rented!

Last Agent to Sell the Property

Joe Fraguglia

Coldwell Banker Realty License #00829523 Listed on: 11/09/2012

Coldwell Banker Realty

Last Buyer's Agent

Nicole Wax

Coldwell Banker Realty License #00960542

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,647

Year Built

  • Built in 2007

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System

Parking

  • Attached Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Side-by-Side
  • Concrete Foundation
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 4 Bedrooms
  • 2,137 Sq Ft Home
  • Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, water
  • Assessor Parcel Number 043-340-002-000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,647

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: Hwy. 101 to Hearn Ave. Property located at corner of Hearn and Aloise.
  • Lot Size Acres: 0.1600
  • CapRate: 6.80
  • Signs: Yes
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Contemporary
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, OVFR
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 152.08
  • Square Footage: 2137.00
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete, Slab
  • Lot Features: Auto Sprinkler F&R, Landscape Back, Landscape Front
  • Roof: Composition
  • ExteriorFeatures: Fenced Yard, Yard Space

Garage/Parking

  • Parking Features: Attached, CAR3, Side-by-Side

Utilities

  • Cooling: Central, AIRC
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected, PGEE
  • Water Source: Public
  • Heating: Central, Fireplace(s), Gas
  • Laundry Features: In Each Unit, Washer/Dryer Hookups, WSHD
  • Separate Meters: Electricity, Gas, Water

Lot Info

  • Assessor Parcel Number: 043-340-002-000
  • Lot Size Sq Ft: 6970.00

Rental Info

  • TenantPays: Cable TV, Electricity, Sewer, Water

Building Info

  • Year Built: 2007

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2012
Closed on
Jan 23, 2013
Sold by
Loustau Marie T and Loustau Marie 2012 Revocable T
Bought by
Ricci Faezeh
Seller's Agent
Joe Fraguglia
Coldwell Banker Realty
Buyer's Agent
Nicole Wax
Coldwell Banker Realty
List Price
$325,000
Sold Price
$325,000
Current Estimated Value
$759,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,792
Avg. Annual Appreciation
6.90%
Original Mortgage
$243,750
Outstanding Balance
$168,765
Interest Rate
3.28%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$591,027

Purchase Details

Closed on
Dec 5, 2012
Sold by
Loustau Marie
Bought by
Loustau Marie T and Loustau Marie 2012 Revocable T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Outstanding Balance
$168,765
Interest Rate
3.28%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$591,027

Purchase Details

Closed on
Apr 28, 2008
Sold by
Das Homes Inc
Bought by
Loustau Jean P and Loustau Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2007
Sold by
Das Homes
Bought by
Das Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,927,000
Interest Rate
6.19%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 13, 2005
Sold by
Aloise Ronald and Aloise Sally
Bought by
Das Home Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.77%
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
Ricci Faezeh $325,000 Fidelity National Title Co
Ricci Faezeh -- Fidelity National Title Co
Loustau Marie T -- None Available
Loustau Jean P $500,000 Old Republic Title Company
Das Homes -- Chicago Title Company
Das Home Inc $2,036,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ricci Faezeh $243,750
Previous Owner Loustau Jean P $388,000
Previous Owner Das Homes $3,927,000
Previous Owner Das Home Inc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2013 02/05/13 Sold $325,000 0.0% $152 / Sq Ft
01/14/2013 01/14/13 Pending -- -- --
11/09/2012 11/09/12 For Sale $325,000 -- $152 / 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 $4,647 $400,201 $147,765 $252,436
2024 $4,647 $392,355 $144,868 $247,487
2023 $4,647 $384,663 $142,028 $242,635
2022 $4,536 $377,122 $139,244 $237,878
2021 $4,488 $369,728 $136,514 $233,214
2020 $1,009 $365,938 $135,115 $230,823
2019 $4,307 $358,764 $132,466 $226,298
2018 $4,272 $351,730 $129,869 $221,861
2017 $4,170 $344,834 $127,323 $217,511
2016 $4,117 $338,074 $124,827 $213,247
2015 $3,987 $332,996 $122,952 $210,044
2014 $3,849 $326,474 $120,544 $205,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21225730

Bay Area Real Estate Information Services (BAREIS)

APN: 043-340-002