Seller's Agent in 2024
Tanner Mohr
Windermere Signature Properties Davis
(530) 219-4390
3 in this area
49 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
- Driveway
Utilities
- Central Heating and Cooling System
- One Cooling System Mounted To A Wall/Window
- 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%
Total Days on Market
202
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
$66,857
Avg. Annual Appreciation
19.41%
Original Mortgage
$592,000
Outstanding Balance
$589,858
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$215,924
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 |
|---|---|---|---|---|
| 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
80 Total Sales
Map
Source: MetroList
MLS Number: 224042092
APN: 032-322-028-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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