Seller's Agent in 2022
Tony Nicosia
eXp Realty of California Inc.
(530) 401-4391
3 in this area
17 Total Sales
Well-maintained 7-unit apartment buildings in prime Auburn location minutes from Highway 80. Within walking distance of Old Town Auburn, Downtown Auburn, and the Placer County Fairgrounds. Far below market rents with upside potential. Current market rents would yield a 6.1 cap. All tenants are month-to-month. One building has had a new roof and AC units in the last 5 years. The other building had a new AC and roof in 2005. All units have updated interiors. The 4-plex has all 2 bed 1 bath units approximately 900 plus square feet. The 3-plex has 2 2 bed 1 bath units approximately 800 plus square feet and 1 3 bedroom 2 bath unit approximately 1600 plus square feet. The units do not have in-unit laundry. Laundry area is communal.
Last Agent to Sell the Property
eXp Realty of California Inc. License #02178071 Listed on: 09/15/2022
Co-Listed By
Bob Burton
eXp Realty of California Auburn License #00451383
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/02/2022 12/02/22 | Sold | $1,456,000 | -8.7% | $404 / Sq Ft |
| 11/22/2022 11/22/22 | Pending | -- | -- | -- |
| 11/06/2022 11/06/22 | Off Market | $1,595,000 | -- | -- |
| 11/06/2022 11/06/22 | For Sale | $1,595,000 | 0.0% | $443 / Sq Ft |
| 11/03/2022 11/03/22 | Price Changed | $1,595,000 | -4.8% | $443 / Sq Ft |
| 09/15/2022 09/15/22 | For Sale | $1,675,000 | -- | $465 / Sq Ft |
| 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 | $20,296 | $1,514,822 | $364,140 | $1,150,682 |
| 2023 | $20,296 | $1,456,000 | $350,000 | $1,106,000 |
| 2022 | $10,693 | $555,417 | $144,825 | $410,592 |
| 2021 | $10,478 | $544,528 | $141,986 | $402,542 |
| 2020 | $10,437 | $538,946 | $140,531 | $398,415 |
| 2019 | $10,335 | $528,379 | $137,776 | $390,603 |
| 2018 | $10,029 | $518,020 | $135,075 | $382,945 |
| 2017 | $9,744 | $507,864 | $132,427 | $375,437 |
| 2016 | $9,459 | $497,907 | $129,831 | $368,076 |
| 2015 | $9,171 | $490,429 | $127,881 | $362,548 |
| 2014 | $8,929 | $480,823 | $125,376 | $355,447 |
Seller's Agent in 2022
Tony Nicosia
eXp Realty of California Inc.
(530) 401-4391
3 in this area
17 Total Sales
B
Seller Co-Listing Agent in 2022
Bob Burton
eXp Realty of California Auburn
Buyer's Agent in 2022
Delonia Barbray
Fathom Realty Group, Inc.
(916) 521-9229
1 in this area
4 Total Sales
Source: MetroList
MLS Number: 222120127