NOT LISTED FOR SALE

Estimated Value: $538,000 - $756,026

2 Beds
2 Baths
3,109 Sq Ft
$222/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $700,000 $225 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,371/month

301 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Mini Split Heat Pump
  • Atherton High School Rated A
  • Porch

About This Home

As of January 2023

Located in the heart of The Highlands, on high-visibility Bardstown Road, this C-2 zoned property has been fully renovated and now includes two high-performing short term rental units with strong occupancy rates and revenues:

> Unit 1: 3BR/2.5BA (sleeps 9), avg. $170/night
> Unit 2: 1BR/1BA (sleeps 3), avg. $125/night
> Entire building (sleeps 12), avg. $804/night

With the addition of outside stairs, there is potential to create a separate, third unit on the third floor of the property, which already has its own bedroom, bath, and kitchenette.

The property is being sold fully furnished and rent-ready. Additional highlights include:

> Two-car garage, plus a third off-street parking space
> Fully renovated, including new roof, plumbing, HVAC's and a mini-split system > Washer/dryers on the 2nd floor, and also in the basement
> Established, highly rated Airbnb presence

Please fill out the Confidentiality Agreement to get automatic access to financials and additional Airbnb information.

Last Agent to Sell the Property

Jenny Johnston

PRG Commercial Property Advisors License #246944 Listed on: 09/28/2022

Last Buyer's Agent

Wayne Gallavin

Gallavin & Associates License #182586

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,988

Lot Details

  • 7,057

Home Design

  • Duplex
  • Traditional Architecture
  • Shingle Roof

Additional Features

  • Porch
  • Mini Split Heat Pump

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Seller Concessions Not Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,988

Lot Details

0

Listing Details

  • Lot Dimensions: 0
  • Property Sub Type: Duplex
  • Property Type: MultiFamily
  • Subdivision Name: NONE
  • Above Grade Finished Sq Ft: 2114.0
  • Architectural Style: Traditional
  • ResoBuildingAreaSource: Other
  • Roof:Shingle: Yes
  • Utilities City Sewer: Yes
  • Special Features: None

Interior Features

  • Below Grade Sq Ft: 995.0

Exterior Features

  • Roof: Shingle
  • Construction Type: Wood Frame
  • Exterior Features: Porch
  • FeaturesExteriorPorch: Yes
  • Construction:Frame - Wood2: Yes

Garage/Parking

  • General Property Description:_pound_ Parking Spaces: 3.0

Utilities

  • Utilities: City Sewer
  • Heating: MiniSplit/Ductless
  • HeatingYN: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0

Tax Info

  • Tax Block: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Jan 9, 2023
Sold by
Cherokee Triangle Partners Llc
Bought by
Twin Tahoe Family Trust
Seller's Agent
Jenny Johnston
PRG Commercial Property Advisors
Buyer's Agent
Wayne Gallavin
Gallavin & Associates
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Views
13
Current Estimated Value
$690,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,493
Avg. Annual Appreciation
-0.47%
Original Mortgage
$560,000
Outstanding Balance
$443,334
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$247,173

Purchase Details

Closed on
Dec 11, 2014
Sold by
Meiman Enola Snoe Beckner
Bought by
Louie Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,475
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2009
Sold by
Meiman Enola Snoe
Bought by
Meiman Enola Snoe Beckner and Enola Meiman Trust
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
Twin Tahoe Family Trust $700,000 --
Louie Partners Llc $375,000 None Available
Meiman Enola Snoe Beckner -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Twin Tahoe Family Trust $560,000
Previous Owner Louie Partners Llc $77,475
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2023 01/10/23 Sold $700,000 -12.4% $225 / Sq Ft
11/20/2022 11/20/22 Pending -- -- --
09/27/2022 09/27/22 For Sale $799,000 0.0% $257 / Sq Ft
09/16/2022 09/16/22 Pending -- -- --
08/21/2022 08/21/22 Price Changed $799,000 -3.2% $257 / Sq Ft
07/21/2022 07/21/22 Price Changed $825,000 -2.8% $265 / Sq Ft
03/17/2022 03/17/22 Price Changed $849,000 -8.2% $273 / Sq Ft
01/23/2022 01/23/22 For Sale $925,000 -- $298 / Sq Ft
Source: Metro Search, Inc.

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
2024 $8,988 $700,000 $243,960 $456,040
2023 $4,697 $350,000 $243,960 $106,040
2022 $4,760 $350,000 $243,960 $106,040
2021 $5,086 $350,000 $243,960 $106,040
2020 $5,153 $375,000 $33,750 $341,250
2019 $5,031 $375,000 $33,750 $341,250
2018 $4,966 $375,000 $33,750 $341,250
2017 $4,887 $375,000 $33,750 $341,250
2013 $1,832 $183,190 $33,750 $149,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro Search, Inc.

MLS Number: 1604349

Metro Search, Inc.

APN: 075F00070000