NOT LISTED FOR SALE

1432 Drake Dr Davis, CA 95616

Central Davis Neighborhood

Estimated Value: $896,000 - $1,230,000

8 Beds
4 Baths
4,200 Sq Ft
$261/Sq Ft Est. Value

Last Sold June 04, 2018

Last sale price $960,000 $229 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,881/month

11 Days on Market

Highlights

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

About This Home

As of June 2018

4 2/1 unit apartment complex close to UCD and market place. All units rented through 8/31/18. Coin operated laundry facility. 1 parking space per apartment and 2 visitor spaces. No parking permits needed for street parking. Great income property to get into the UCD Rental market for remodel. Please note that the complex is in need of a remodel or update. Owner will review all offers if any at 5PM on Friday May 11th, 2018.

Last Agent to Sell the Property

Eugene Chang

College Town Realty License #01784018 Listed on: 05/01/2018

Co-Listed By

Ching Chang

Ching Yin Chang, Broker License #00694534

Last Buyer's Agent

Johnny Brooks

RE/MAX Gold Davis License #01150462

RE/MAX Gold Davis

Property Details

Home Type

  • Multi-Family

Lot Details

  • 8,394

Home Design

  • Quadruplex
  • Split Level Home

Parking

  • 6 Open Parking Spaces
  • 1 Parking Space Included

Additional Features

  • 2-Story Property
  • 8,394 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,015
  • Tenant pays for electricity rent only
  • Assessor Parcel Number 034-012-002-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • Laundry Facilities
  • 4 Leased Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Levels: MultiSplit
  • Stories: 2
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Compactor,Disposal,Free Standing Gas Range,Free Standing Refrigerator
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,See Remarks
  • Listing Price: 828000.00
  • Roof: Composition,Flat

Garage/Parking

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

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Owned,Washer/Dryer

Condo/Co-op/Association

  • Association Features: Separate Laundry Facility
  • Association: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: R3M
  • Lot Size Acres: 0.1927
  • Lot Size Sq Ft: 8394

Rental Info

  • Tenant Pays: Electricity,Rent Only
  • Total Deposit: 2015

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 034-012-002-000

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
May 31, 2018
Sold by
Zee Ming Wei Lena and Zee Ming Wei L Y
Bought by
Gho Hong Thjing and Hong Tjhing Gho Living Trust
Seller's Agent
Eugene Chang
College Town Realty
Buyer's Agent
Johnny Brooks
RE/MAX Gold Davis
List Price
$828,000
Sold Price
$960,000
Premium/Discount to List
$132,000
15.94%
Current Estimated Value
$1,096,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,637
Avg. Annual Appreciation
1.77%

Purchase Details

Listed on
May 1, 2018
Closed on
May 11, 2018
Sold by
Kao John C and Kao Sandia Fan San
Bought by
Kao John and Kao Sandia
Seller's Agent
Eugene Chang
College Town Realty
Buyer's Agent
Johnny Brooks
RE/MAX Gold Davis
List Price
$828,000
Sold Price
$960,000
Premium/Discount to List
$132,000
15.94%

Purchase Details

Closed on
May 27, 1994
Sold by
Zee Yuan Chung
Bought by
Zee Ming Wei L Y
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
Gho Hong Thjing $960,000 Placer Title Company
Kao John -- None Available
Zee Ming Wei L Y -- First American Title Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2018 06/04/18 Sold $960,000 +15.9% $229 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $828,000 -- $197 / 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 $13,829 $1,092,311 $398,238 $694,073
2023 $13,829 $1,049,897 $382,775 $667,122
2022 $13,271 $1,029,312 $375,270 $654,042
2021 $12,983 $1,009,130 $367,912 $641,218
2020 $12,781 $998,784 $364,140 $634,644
2019 $12,360 $979,200 $357,000 $622,200
2018 $5,322 $359,518 $107,191 $252,327
2017 $5,208 $352,470 $105,090 $247,380
2016 $5,321 $345,560 $103,030 $242,530
2015 $5,146 $340,370 $101,483 $238,887
2014 $5,146 $333,704 $99,496 $234,208
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Eugene Chang

    College Town Realty

    (530) 867-2224

    8 Total Sales

    Eugene Chang
    Section Image

  • C

    Seller Co-Listing Agent in 2018

    Ching Chang

    Ching Yin Chang, Broker

    Section Image
  • Johnny Brooks

    Buyer's Agent in 2018

    Johnny Brooks

    RE/MAX

    2 in this area

    25 Total Sales

    Johnny Brooks
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 18027423

MetroList

APN: 034-012-002-000

California Yolo County Davis 95616 Central Davis

1432 Drake Dr, Davis, CA

Not Listed for Sale

MultiFamily

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