NOT LISTED FOR SALE

1351 Drake Dr Davis, CA 95616

Central Davis Neighborhood

Estimated Value: $1,208,000 - $1,625,573

10 Beds
6 Baths
2,400 Sq Ft
$606/Sq Ft Est. Value

Last Sold September 19, 2012

Last sale price $640,000 $267 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $8,437/month

38 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Central Heating and Cooling System
  • Robert E. Willett Elementary School Rated A

About This Home

As of September 2012

Fourplex, near UC Davis Campus, with Two 3 BR/1 1/2 bath units, and Two 2 BR/1 bath units. Two of the units have marble floors in the living rooms, & two have tile floors. Spacious units have been well maintained by current owner. Lower units have fenced patio/yard with built-in brick barbecue stations & gas barbecues. Coin operated laundry produces additional income. Don't miss this one - SELLER MOTIVATED!

Last Agent to Sell the Property

Tina Montijo

RE/MAX Gold Davis License #00368559 Listed on: 07/18/2012

Last Buyer's Agent

Tina Montijo

RE/MAX Gold Davis License #00368559 Listed on: 07/18/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 9,365 Sq Ft Lot
  • Lot Dimensions: 117

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Composition Roof

Interior Spaces

  • 2-Story Property

Parking

  • 6 Open Parking Spaces
  • 1 Parking Space Included

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 034-011-13-1

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1971
  • Architectural Style: Contemporary
  • Stories: 2
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Electric Cook Top,Free Standing Electric Oven,Free Standing Refrigerator
  • Flooring: Carpet,Marble,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 739000.00
  • Patio And Porch Features: Enclosed Patio,Uncovered Patio
  • Roof: Composition

Garage/Parking

  • Open Parking Spaces: 6
  • Parking Features: Open,Street,1+ Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Barbeque,Extra Storage,Patios/Balcony,Public Trans Nearby,Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: 032 Res, Fourples, Single
  • Lot Size Acres: 0.2150
  • Lot Dimensions: 117.97x71.95x87.35x117.39
  • Lot Size Sq Ft: 9365

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Income Includes: Coin Operated Equipment,Laundry
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 034-011-13-1

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2021
Sold by
Tom Parisian Parisian Enterprises Llc
Bought by
Parisian Thomas R and Parisian Sharon L
Current Estimated Value
$1,454,524

Purchase Details

Listed on
Jul 18, 2012
Closed on
Sep 17, 2012
Sold by
Serrano Ralph Angel and Serrano Maria Ofelia
Bought by
Parisian Enterprises Llc
Seller's Agent
Tina Montijo
RE/MAX Gold Davis
Buyer's Agent
Tina Montijo
RE/MAX Gold Davis
List Price
$739,000
Sold Price
$640,000
Premium/Discount to List
-$99,000
-13.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%

Purchase Details

Closed on
Jul 15, 2004
Sold by
Serrano Ralph A and Serrano Maria Ofelia
Bought by
Serrano Ralph Angel and Serrano Maria Ofelia

Purchase Details

Closed on
Jun 13, 2003
Sold by
Jain Mohini and Mohini Jain Family Trust
Bought by
Serrano Ralph A and Serrano Maria Ofelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parisian Thomas R -- None Available
Parisian Enterprises Llc $640,000 Fidelity National Title Co
Serrano Ralph Angel -- --
Serrano Ralph A $825,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Serrano Ralph A $618,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2012 09/19/12 Sold $640,000 -13.4% $267 / Sq Ft
08/23/2012 08/23/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $739,000 -- $308 / Sq Ft
Source: MetroList

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 $10,603 $792,996 $233,963 $559,033
2023 $10,603 $758,850 $224,879 $533,971
2022 $10,161 $744,138 $220,470 $523,668
2021 $9,933 $729,808 $216,148 $513,660
2020 $9,777 $722,693 $213,932 $508,761
2019 $9,385 $706,494 $209,738 $496,756
2018 $8,750 $692,642 $205,626 $487,016
2017 $8,571 $679,062 $201,595 $477,467
2016 $8,629 $665,748 $197,643 $468,105
2015 $8,335 $655,749 $194,675 $461,074
2014 $8,335 $642,905 $190,862 $452,043
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Tina Montijo

    RE/MAX

See All Agents

Map

Source: MetroList

MLS Number: 12044748

MetroList

APN: 034-011-013-000

California Yolo County Davis 95616 Central Davis

1351 Drake Dr, Davis, CA

Not Listed for Sale

MultiFamily

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