Seller's Agent in 2023
Tim Swanston
North Coast Commercial, Inc.
(916) 414-8647
1 in this area
65 Total Sales
156 Summit St Auburn, CA 95603
Estimated Value: $722,000 - $857,000
6
Beds
3
Baths
1,994
Sq Ft
$405/Sq Ft
Est. Value
Highlights
- Private Lot
- No HOA
- Tile Flooring
- Placer High School Rated A-
- Double Pane Windows
- Central Heating and Cooling System
About This Home
As of June 2023156 Summit St & 174-175 Davis Lane is a triplex consisting of a stand alone 2 bed 1 bath house and a duplex with each unit being 2 bed 1 bath. Each unit has been remodeled with new kitchen counter tops, kitchen cabinets, flooring throughout, new windows, mini split units for central AC/Heat source. Each unit has washer dryer hookups. Property currently brings in a gross rent of $5,800. Each unit has its own yard and off street parking.
Last Agent to Sell the Property
North Coast Commercial, Inc. License #01887506 Listed on: 02/22/2023
Last Buyer's Agent
Kevin McDonald
Realty ONE Group Complete License #01390445
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,479
Year Built
- Built in 1965
Lot Details
- 0.28 Acre Lot
- Private Lot
Home Design
- Triplex
- Concrete Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1-Story Property
- Double Pane Windows
- Laundry in unit
Flooring
- Tile
- Vinyl
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 3 Parking Spaces
- Uncovered Parking
- Off-Street Parking
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for rent only
- Assessor Parcel Number 001-081-030-000
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Building Details
- 3 Leased Units
- Insurance Expense $1,700
- Operating Expense $10,900
- Net Operating Income $47,617
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 21, 2025
Sold by
156 Summit Davis Llc
Bought by
Rahimi Reza and Rahimi Nancy
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Outstanding Balance
$441,222
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$383,757
Purchase Details
Listed on
Feb 22, 2023
Closed on
Jun 2, 2023
Sold by
Perito Moreno Holdings Llc
Bought by
156 Summit Davis Llc
Seller's Agent
Tim Swanston
North Coast Commercial, Inc.
Buyer's Agent
Kevin McDonald
Realty ONE Group Complete
List Price
$899,000
Sold Price
$801,500
Premium/Discount to List
-$97,500
-10.85%
Views
221
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%
Original Mortgage
$581,500
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 11, 2021
Closed on
Nov 4, 2021
Sold by
Best Deborah K and Stine Joanne Holman
Bought by
Perito Moreno Holdings Llc
Seller's Agent
Sharon Wegener
Coldwell Banker Realty
Buyer's Agent
Sharon Wegener
Coldwell Banker Realty
List Price
$465,000
Sold Price
$485,000
Premium/Discount to List
$20,000
4.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.43%
Purchase Details
Closed on
Feb 3, 2006
Sold by
Best Jonathan G
Bought by
Best Jonathan G and Best Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
6.21%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 26, 2000
Sold by
Keil George W Trustee
Bought by
Best Jonathan G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.98%
Purchase Details
Closed on
Aug 25, 1997
Sold by
Nell Durand Jo
Bought by
Brown Steven S and Brown Cecilia M
Purchase Details
Closed on
Oct 3, 1996
Sold by
Keil George W
Bought by
Keil George W W
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rahimi Reza | -- | Fidelity National Title | |
| 156 Summit Davis Llc | $801,500 | First American Title | |
| Perito Moreno Holdings Llc | $485,000 | Old Republic Title Company | |
| Best Jonathan G | -- | Fidelity Title | |
| Best Jonathan G | $150,000 | First American Title Ins Co | |
| Brown Steven S | $31,000 | Placer Title Company | |
| Keil George W W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rahimi Reza | $442,000 | |
| Previous Owner | 156 Summit Davis Llc | $581,500 | |
| Previous Owner | Best Jonathan G | $276,250 | |
| Previous Owner | Best Jonathan G | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2023 06/06/23 | Sold | $801,500 | -10.8% | $402 / Sq Ft |
| 05/10/2023 05/10/23 | Pending | -- | -- | -- |
| 02/22/2023 02/22/23 | For Sale | $899,000 | +85.4% | $451 / Sq Ft |
| 11/05/2021 11/05/21 | Sold | $485,000 | +4.3% | $337 / Sq Ft |
| 10/15/2021 10/15/21 | Pending | -- | -- | -- |
| 10/11/2021 10/11/21 | For Sale | $465,000 | -- | $323 / Sq Ft |
Source: MetroList
Tax History Compared to Growth
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 | $10,479 | $801,000 | $124,900 | $676,100 |
| 2023 | $10,479 | $470,000 | $121,100 | $348,900 |
| 2022 | $7,637 | $485,000 | $125,000 | $360,000 |
| 2021 | $4,632 | $208,795 | $55,673 | $153,122 |
| 2020 | $4,616 | $206,655 | $55,103 | $151,552 |
| 2019 | $4,575 | $202,604 | $54,023 | $148,581 |
| 2018 | $4,457 | $198,632 | $52,964 | $145,668 |
| 2017 | $4,325 | $194,738 | $51,926 | $142,812 |
| 2016 | $4,193 | $190,920 | $50,908 | $140,012 |
| 2015 | $4,062 | $188,053 | $50,144 | $137,909 |
| 2014 | $3,947 | $184,370 | $49,162 | $135,208 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Swanston
-
K
Buyer's Agent in 2023
Kevin McDonald
Realty ONE Group Complete
-
S
Seller's Agent in 2021
Sharon Wegener
Coldwell Banker Realty
Map
Source: MetroList
MLS Number: 223013899
APN: 001-081-030
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