NOT LISTED FOR SALE

Estimated Value: $1,102,000 - $1,977,000

2 Beds
-- Bath
4,632 Sq Ft
$332/Sq Ft Est. Value

Last Sold January 26, 2015

Last sale price $632,000 $136 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $8,459/month

64 Days on Market

About This Home

As of January 2015

Charming 5 unit in desirable North East Santa Rosa location. This historical building has character and has been well maintained. Includes adjacent parking lot for off street parking. All units are separately metered for gas/electric. Fully rented with potential continuation of on-site management. Three studios and two 1 bedroom units. Some with 10' ceilings. This is a special property and a great opportunity.

Last Agent to Sell the Property

Laura Richards

Coldwell Banker Realty License #01354895 Listed on: 11/17/2014

Coldwell Banker Realty

Last Buyer's Agent

Vicki Roberts

Bertolone Realty License #01069595

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,044

Year Built

  • Built in 1941

Lot Details

  • 6,199 Sq Ft Lot

Home Design

  • 4,632 Sq Ft Home
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Composition Roof

Parking

  • 6 Open Parking Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Individual Gas Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 5 Units
  • Gross Income $45,024

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 009-111-004-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,044

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: 4th Street to Leland
  • Lot Size Acres: 0.1423
  • CapRate: 5.00
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater
  • Price Per Square Foot: 136.44
  • Square Footage: 4632
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter, Pillar/Post/Pier
  • Lot Features: CITY
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street
  • OpenParkingSpaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: All Electric, Natural Gas Connected, PGEE, Cable Connected
  • Water Source: Public
  • Heating: Natural Gas, Wall Furnace
  • Laundry Features: NONE
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 009-111-004-000
  • Lot Size Sq Ft: 6199

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1941

Multi Family

  • One Bedroom Annual Occupancy: 95
  • 1 Bedroom Rent Range: $800-$830 reflects reduction for manager
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 2
  • Number of Studio Units: 3
  • NumberOfUnitsTotal: 5
  • Number Studios Occupied: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2015
Sold by
Cardarelli Angelo Marco and Cardarelli Carla Pia
Bought by
Angelo M Cardarelli and Angelo Carla Cardarelli
Current Estimated Value
$1,539,500

Purchase Details

Listed on
Nov 17, 2014
Closed on
Jan 9, 2015
Sold by
Comras Richard and Comras Jackie
Bought by
Cardarelli Angelo Marco and Cardarelli Carla Pia
Seller's Agent
Laura Richards
Coldwell Banker Realty
Buyer's Agent
Vicki Roberts
Bertolone Realty
List Price
$632,000
Sold Price
$632,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$474,000
Outstanding Balance
$364,517
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,174,983

Purchase Details

Closed on
Mar 14, 2005
Sold by
Comras Richard S and Comras Jacqueline R
Bought by
Comras Jonathan M

Purchase Details

Closed on
Dec 28, 1999
Sold by
Merner Kathryn Vaughn and Kathryn Vaughn Merner 1993 Tru
Bought by
Garcia Lindsay M and Sanborn Stephen W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,892
Interest Rate
6.55%
Source: Public Records

Range of Values:

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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
Angelo M Cardarelli -- None Available
Cardarelli Angelo Marco $632,000 Fidelity Natl Title Co
Comras Jonathan M -- --
Garcia Lindsay M $212,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cardarelli Angelo Marco $474,000
Previous Owner Garcia Lindsay M $195,892
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2015 01/26/15 Sold $632,000 0.0% $136 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
11/17/2014 11/17/14 For Sale $632,000 -- $136 / 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 $1,044 $90,133 $90,133 --
2024 $1,044 $88,366 $88,366 --
2023 $1,044 $86,634 $86,634 $0
2022 $966 $84,936 $84,936 $0
2021 $954 $83,271 $83,271 $0
2020 $952 $82,418 $82,418 $0
2019 $947 $80,802 $80,802 $0
2018 $942 $79,218 $79,218 $0
2017 $925 $77,665 $77,665 $0
2016 $909 $76,143 $76,143 $0
2015 -- $54,780 $54,780 $0
2014 -- $53,707 $53,707 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21425702

Bay Area Real Estate Information Services (BAREIS)

APN: 009-111-013