Seller's Agent in 2024
Tanner Mohr
Windermere Signature Properties Davis
(530) 219-4390
3 in this area
55 Total Sales
1320 Locust Place Davis, CA 95618
East Davis Neighborhood
5
Beds
5
Baths
2,684
Sq Ft
6,900
Sq Ft Lot
Highlights
- Wood Flooring
- Main Floor Primary Bedroom
- Open Floorplan
- Birch Lane Elementary School Rated A
- Window or Skylight in Bathroom
- No HOA
About This Home
As of December 2024Updated 7/23 - the home is now vacant, cleaned and ready for new ownership. City resale has been cleared as well; all additions and modifications have been permitted through the City. Current owner took an original Stanley Davis Marin floor plan home and built it up into a 5 bed / 5 bath 2,600+ square foot property which has served as a strong investment for his family for many years. Each bedroom has its own associated bathroom, making it ideal either for a large family or to be rented by the bedroom. Based on current rental comps, I believe an SRO investment strategy could generate ~$5,000 in monthly rent. Vacancy has never been an issue, multiple tenants having lived in the property for 3+ years. The nature of this unique property leaves opportunity for creative investors to maximize returns. Come take a look for yourself!
Last Agent to Sell the Property
Windermere Signature Properties Davis License #02091548 Listed on: 04/25/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,147
Year Built
- Built in 1967 | Remodeled
Lot Details
- 6,900 Sq Ft Lot
- Cul-De-Sac
Home Design
- Combination Foundation
- Raised Foundation
- Slab Foundation
- Frame Construction
- Composition Roof
Interior Spaces
- 2,684 Sq Ft Home
- Ceiling Fan
- Brick Fireplace
- Open Floorplan
- Dining Room
Kitchen
- Free-Standing Electric Oven
- Free-Standing Electric Range
- Laminate Countertops
Flooring
- Wood
- Carpet
- Laminate
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- 5 Full Bathrooms
- Bathtub with Shower
- Separate Shower
- Window or Skylight in Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
- 220 Volts In Laundry
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 3 Open Parking Spaces
- No Garage
- Driveway
Utilities
- Central Heating and Cooling System
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- Water Heater
Community Details
- No Home Owners Association
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 032-322-028-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 25, 2024
Closed on
Nov 21, 2024
Sold by
Sanders Frank P
Bought by
Reese Joshua and Tuttle Aaron
Seller's Agent
Tanner Mohr
Windermere Signature Properties Davis
Buyer's Agent
Leslie Blevins
Coldwell Banker Select Real Estate
List Price
$855,000
Sold Price
$740,000
Premium/Discount to List
-$115,000
-13.45%
Views
144
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,590
Avg. Annual Appreciation
17.10%
Original Mortgage
$592,000
Outstanding Balance
$587,670
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$250,625
Purchase Details
Closed on
Feb 13, 1995
Sold by
Sanders Frank P
Bought by
Sanders Frank P
Purchase Details
Closed on
Jan 26, 1994
Sold by
Hight Hillery Ruthe
Bought by
Sanders Frank P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.21%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $740,000 | Placer Title | |
| Grant Deed | $740,000 | Placer Title | |
| Grant Deed | -- | Fidelity National Title | |
| Individual Deed | $150,000 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $592,000 | New Conventional | |
| Closed | $592,000 | New Conventional | |
| Previous Owner | $160,000 | Unknown | |
| Previous Owner | $120,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/04/2024 12/04/24 | Sold | $740,000 | -1.3% | $276 / Sq Ft |
| 11/13/2024 11/13/24 | Pending | -- | -- | -- |
| 11/02/2024 11/02/24 | Price Changed | $749,999 | -6.1% | $279 / Sq Ft |
| 10/10/2024 10/10/24 | Price Changed | $799,000 | -3.2% | $298 / Sq Ft |
| 09/06/2024 09/06/24 | Price Changed | $825,000 | -3.5% | $307 / Sq Ft |
| 06/04/2024 06/04/24 | Price Changed | $855,000 | 0.0% | $319 / Sq Ft |
| 06/04/2024 06/04/24 | For Sale | $855,000 | -2.3% | $319 / Sq Ft |
| 05/22/2024 05/22/24 | Pending | -- | -- | -- |
| 04/25/2024 04/25/24 | For Sale | $875,000 | -- | $326 / Sq Ft |
Source: MetroList
Tax History Compared to Growth
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 | $5,147 | $740,000 | $240,000 | $500,000 |
| 2023 | $5,147 | $328,023 | $98,002 | $230,021 |
| 2022 | $4,920 | $321,592 | $96,081 | $225,511 |
| 2021 | $4,794 | $315,288 | $94,198 | $221,090 |
| 2020 | $4,712 | $312,056 | $93,233 | $218,823 |
| 2019 | $4,434 | $305,938 | $91,405 | $214,533 |
| 2018 | $4,145 | $299,940 | $89,613 | $210,327 |
| 2017 | $4,054 | $294,059 | $87,856 | $206,203 |
| 2016 | $3,903 | $288,294 | $86,134 | $202,160 |
| 2015 | $3,702 | $276,965 | $84,841 | $192,124 |
| 2014 | $3,702 | $271,541 | $83,180 | $188,361 |
Source: Public Records
Agents Affiliated with this Home
-
Tanner Mohr
-
Leslie Blevins
Buyer's Agent in 2024
Leslie Blevins
Coldwell Banker Select Real Estate
(530) 304-6867
18 in this area
81 Total Sales
Map
Source: MetroList
MLS Number: 224042092
APN: 032-322-028-000
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