NOT LISTED FOR SALE

Estimated Value: $496,000 - $595,000

2 Beds
6 Baths
986 Sq Ft
$552/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $540,000 $548 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,736/month

37 Days on Market

Highlights

  • Mountain View
  • Ceiling Fan
  • Laundry Facilities
  • Corner Lot

About This Home

As of November 2021

Triplex in the heart of Guerneville, walking distance to all amenities. Fresh paint in two units. Remodeled with new plumbing and electrical in 2012. Three separate electrical meters. Not in the flood zone per FEMA. The building has two to three uncovered parking spots as well. Two units are currently vacant and the 3rd is leased at $1,050/month. Projected market rate income of $3500 or approx a 5% Cap Rate at Ask price. Consistent occupancy and easy to rent units. Some areas remediated from the Jan 2021 Pest report.

Last Agent to Sell the Property

Michael Viani

Redfin License #01151294 Listed on: 10/03/2021

Redfin

Last Buyer's Agent

Roxanne Mercer

Roxanne Mercer Real Estate License #01229827

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,220

Year Built

  • Built in 1950

Lot Details

  • 2,600 Sq Ft Lot
  • Corner Lot
  • Irregular Lot

Property Views

  • Mountain
  • Hills
  • Park or Greenbelt

Home Design

  • Triplex
  • Side-by-Side

Interior Spaces

  • 986 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • No Cooling

Community Details

  • 3 Units
  • Laundry Facilities
  • Gross Income $42,000

Listing and Financial Details

  • Assessor Parcel Number 070-060-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,220

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Triplex
  • Subtype Description: Apartments
  • Directions To Property: River Rd to Armstrong Woods Rd. Take right on Woodland Dr. First property on left. Pull into driveway or park on Woodland parallel to the building
  • Lot Size Acres: 0.0597
  • Stories: 2
  • CapRate: 5.00
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Price Per Square Foot: 547.67
  • Square Footage: 986
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Corner, Shape Irregular
  • View: Garden/Greenbelt, Hills, Mountains

Garage/Parking

  • Parking Features: Off Street, Side-by-Side, Uncovered
  • Total Parking Spaces: 3

Utilities

  • Cooling: Ceiling Fan(s), None
  • Sewer: Public Sewer
  • Water Source: Water District
  • Heating: Other
  • Laundry Features: In Common Area
  • Separate Meters: Electricity

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 070-060-009
  • Lot Size Sq Ft: 2600

Building Info

  • Year Built: 1950

Multi Family

  • One Bedroom Annual Occupancy: 95
  • 1 Bedroom Rent Range: 1200
  • Two Bedroom Annual Occupancy: 95
  • Three Bedroom Annual Occupancy: 95
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 2
  • Number of Studio Units: 1
  • NumberOfUnitsTotal: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2021
Closed on
Nov 10, 2021
Sold by
Higareda Pedro and Higareda Charity
Bought by
Browne Michael
Seller's Agent
Michael Viani
Redfin
Buyer's Agent
Roxanne Mercer
Roxanne Mercer Real Estate
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$544,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,657
Avg. Annual Appreciation
0.23%
Original Mortgage
$432,000
Outstanding Balance
$419,631
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$125,026

Purchase Details

Closed on
Apr 23, 2019
Sold by
Borruso James and Borruso Diane L
Bought by
Borruso James P and Borruso Diane L

Purchase Details

Closed on
May 8, 2012
Sold by
Borruso Camillo J and Borruso Dennis J
Bought by
Borruso James and Borruso Diane
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
Browne Michael $540,000 First American Title Company
Borruso James P -- None Available
Borruso James $35,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Browne Michael $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $540,000 0.0% $548 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
10/03/2021 10/03/21 For Sale $540,000 -- $548 / 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 $9,220 $573,052 $132,651 $440,401
2024 $9,220 $561,816 $130,050 $431,766
2023 $9,220 $152,895 $31,207 $121,688
2022 $4,215 $149,898 $30,596 $119,302
2021 $4,040 $146,960 $29,997 $116,963
2020 $4,018 $145,454 $29,690 $115,764
2019 $3,856 $142,603 $29,108 $113,495
2018 $3,755 $139,808 $28,538 $111,270
2017 $0 $137,068 $27,979 $109,089
2016 $3,599 $134,381 $27,431 $106,950
2015 -- $132,363 $27,019 $105,344
2014 -- $129,771 $26,490 $103,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321095100

Bay Area Real Estate Information Services (BAREIS)

APN: 070-060-009