NOT LISTED FOR SALE

1502 Drake Dr Davis, CA 95616

Central Davis Neighborhood

Estimated Value: $1,002,000 - $1,470,662

10 Beds
6 Baths
3,796 Sq Ft
$328/Sq Ft Est. Value

Sale Details

Date Sold: April 22, 2016

Last sale price $905,000 $238 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,998 / mo

75 Days on Market

Highlights

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

About This Home

As of April 2016

Rare four-plex near UCD. Sellers consistently have full occupancy for 25 years. 2 3-bed/1.5 bath, 2 2-bed/1 bath. All 2-story units. One bedroom is large enough for renter to share so can have 14 total tenants. Existing leases through 8/16 & 8/17. Rents are at below current market value. Lots of parking on property and street. Quieter location. Approximately 1 mi from campus, near bus lines, near Safeway and restaurants. 3bd is 1117 sf, 2bd is 781 sf. Home & Pest Inspection available.

Last Agent to Sell the Property

Patrick Quan

Coldwell Banker Realty License #01918240 Listed on: 02/08/2016

Coldwell Banker Realty

Last Buyer's Agent

Gerald Guay

Compass License #DRE #01168485

Compass

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1982

Lot Details

  • 8,000

Home Design

  • Quadruplex

Interior Spaces

  • 2-Story Property
  • Skylights

Parking

  • 6 Open Parking Spaces
  • On-Street Parking

Additional Features

  • 8,000 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable tv electricity
  • Assessor Parcel Number 034-012-001-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 12 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1982

Lot Details

8,000 Sq Ft Lot

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1982
  • Stories: 2
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Electric Range,Free Standing Refrigerator
  • Interior Amenities: Skylight(s)
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Listing Price: 899900.00
  • Patio And Porch Features: Enclosed Patio,Uncovered Patio
  • Roof: Flat,See Remarks

Garage/Parking

  • Open Parking Spaces: 6
  • Parking Features: Street

Utilities

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

Condo/Co-op/Association

  • Association Features: Patios/Balcony,Public Trans Nearby,Separate Laundry Facility,Yard Space
  • Association: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.1837
  • Lot Size Sq Ft: 8000

Rental Info

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

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 12
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 034-012-001-000

MLS Schools

  • School District (County): Yolo

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2016
Closed on
Apr 28, 2016
Sold by
Mogannam Lisa
Bought by
Seller's Agent
Patrick Quan
Coldwell Banker Realty
Buyer's Agent
Gerald Guay
Compass
List Price
$899,000
Sold Price
$905,000
Premium/Discount to List
$6,000
0.67%
Current Estimated Value
$1,238,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,995
Avg. Annual Appreciation
3.13%

Purchase Details

Listed on
Feb 8, 2016
Closed on
Apr 15, 2016
Sold by
Doherty Gerald F and Doherty Frances W
Bought by
Mogannam Bishara A and Mogannam Tamer A
Seller's Agent
Patrick Quan
Coldwell Banker Realty
Buyer's Agent
Gerald Guay
Compass
List Price
$899,000
Sold Price
$905,000
Premium/Discount to List
$6,000
0.67%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Central Davis, CA

  • Susan Gao Real Estate Agent - Compass

    Susan Gao

    Compass

    (628) 250-4678

    58 Total Sales

    1 in Central Davis

    $485,000 Price

    Susan Gao
     Section Image
  • Britt Wiseman Real Estate Agent - Coldwell Banker Realty

    Britt Wiseman

    Responds Quickly

    Coldwell Banker Realty

    (279) 205-3133

    113 Total Sales

    1 in Central Davis

    $368,500 Price

    Britt Wiseman
     Section Image
  • Raquel Perez-McDonald Real Estate Agent - Coldwell Banker Select Real Estate

    Raquel Perez-McDonald

    Responds Quickly

    Coldwell Banker Select Real Estate

    (530) 631-3037

    150 Total Sales

    20 in Central Davis

    $526K - $1M Price Range

    Raquel Perez-McDonald
     Section Image
  • Frank Tadych Real Estate Agent - Nick Sadek Sotheby's International Realty

    Frank Tadych

    Nick Sadek Sotheby's International Realty

    (612) 230-8845

    26 Total Sales

    3 in Central Davis

    $888K - $1.2M Price Range

    Frank Tadych
     Section Image
  • Cynthia Money Real Estate Agent - Coldwell Banker

    Cynthia Money

    Coldwell Banker

    (925) 718-0397

    33 Total Sales

    1 in Central Davis

    $1,000,000 Price

    Cynthia Money
     Section Image
  • Byron MacConnell Real Estate Agent - RE/MAX Gold Woodland

    Byron MacConnell

    RE/MAX Gold Woodland

    (530) 298-0357

    94 Total Sales

    1 in Central Davis

    $750,000 Price

    Byron MacConnell
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- North American Title Co Inc
Mogannam Bishara A $905,000 North American Title Co Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Closed Mogannam Bishara A $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $905,000 +0.7% $238 / Sq Ft
04/09/2016 04/09/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $899,000 -- $237 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,930 $1,092,755 $380,349 $712,406
2025 $13,605 $1,071,330 $372,892 $698,438
2023 $13,605 $1,029,731 $358,413 $671,318
2022 $13,055 $1,009,541 $351,386 $658,155
2021 $12,771 $989,747 $344,497 $645,250
2020 $12,573 $979,599 $340,965 $638,634
2019 $12,155 $960,392 $334,280 $626,112
2018 $11,312 $941,562 $327,726 $613,836
2017 $11,085 $923,100 $321,300 $601,800
2016 $7,575 $563,690 $152,345 $411,345
2015 $7,441 $555,224 $150,057 $405,167
2014 $7,318 $544,349 $147,118 $397,231
Source: Public Records

Agents Affiliated with this Home

  • Patrick Quan Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2016

    Patrick Quan

    Coldwell Banker Realty

    (916) 812-4341

    115 Total Sales

    Patrick Quan
    Section Image
  • Gerald Guay Real Estate Agent - Compass

    Buyer's Agent in 2016

    Gerald Guay

    Compass

    (408) 398-2524

    34 Total Sales

    Gerald Guay
    Section Image

  • MC

    Buyer's Agent in 2016

    Michael Chavez

    Michael A. Chavez Realty

See All Agents

Map

Source: MetroList

MLS Number: 16004833

MetroList

APN: 034-012-001-000

California Yolo County Davis 95616 Central Davis

1502 Drake Dr, Davis, CA

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.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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