NOT LISTED FOR SALE

16959 Cedar Ct Sonoma, CA 95476

Estimated Value: $786,000 - $961,000

24 Beds
2 Baths
1,760 Sq Ft
$488/Sq Ft Est. Value

Last Sold October 29, 2013

Last sale price $1,450,000 $824 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $5,254/month

77 Days on Market

Highlights

  • 0.36 Acre Lot
  • Carpet
  • Heating Available
  • Laundry Facilities

About This Home

As of October 2013

12 unit complex in a convenient mid-valley location close to schools, public transportation & shopping. Same owners for over 12 years. Neat & tidy with lawn area. Popular with tenants. Some have resided here for years. Plenty of parking. Long-term management in place. Property includes 2 parcels. Owner pays for Water, Garbage & Electric. Complex is All Electric.

Last Agent to Sell the Property

Chuck Lamp

Sotheby's International Realty License #00858966 Listed on: 08/01/2013

Sotheby's International Realty

Last Buyer's Agent

Sean Payne

Sean Payne License #01901826

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,143

Year Built

  • Built in 1979

Lot Details

  • 0.36

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,760 Sq Ft Home
  • Carpet
  • Fire and Smoke Detector
  • Leased Washer and Dryer

Parking

  • Covered Parking
  • Uncovered Parking

Additional Features

  • 0.36 Acre Lot
  • Heating Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 056-081-054-000

Community Details

Overview

  • 4 Buildings
  • 12 Units

Additional Features

  • Laundry Facilities
  • Gross Income $128,946

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,143

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: North on Highway 12. West on Agua Caliente Road. Property next door to fire station.
  • Lot Size Acres: 0.3600
  • Signs: No
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, LVYN
  • Price Per Square Foot: 823.86
  • Square Footage: 1760
  • NumberOfBuildings: 4

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Features: Covered, Uncovered

Utilities

  • Security Features: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Electric
  • Water Source: Public
  • Heating: Electric
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Leased

Lot Info

  • Assessor Parcel Number: 056-081-054-000
  • Lot Size Sq Ft: 15682

Rental Info

  • TenantPays: Cable TV, Electricity

Building Info

  • Year Built: 1979

Multi Family

  • Two Bedroom Rent Range: $850.00 - $925.00
  • Number Of2 Bedrooms Occupied: 12
  • NumberOfUnitsTotal: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Payne Sean S
Bought by
Sean S Payne Trust and Payne
Current Estimated Value
$858,361

Purchase Details

Closed on
Nov 14, 2016
Sold by
Payne Silvano
Bought by
Payne Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,650,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 1, 2013
Closed on
Oct 25, 2013
Sold by
Payne Kathryn Mary
Bought by
Payne Silvano
Seller's Agent
Chuck Lamp
Sotheby's International Realty
Buyer's Agent
Sean Payne
Sean Payne
List Price
$1,450,000
Sold Price
$1,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.28%
Original Mortgage
$942,500
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 1, 2013
Closed on
Oct 18, 2013
Sold by
Brooks Richard and Brooks Brenda L
Bought by
Payne Sean and Payne Silvano
Seller's Agent
Chuck Lamp
Sotheby's International Realty
Buyer's Agent
Sean Payne
Sean Payne
List Price
$1,450,000
Sold Price
$1,450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$942,500
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1999
Sold by
Brooks Richard C and Brooks Brenda
Bought by
Brooks Richard and Brooks Brenda L

Purchase Details

Closed on
Mar 6, 1998
Sold by
Hutchinson William R and Hutchinson Lori W
Bought by
Brooks Richard C and Brooks Brenda

Purchase Details

Closed on
Mar 5, 1998
Sold by
Hutchinson William R and Hutchinson Lori W
Bought by
Hutchinson William R and Hutchinson Lori W
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
Sean S Payne Trust -- None Listed On Document
Payne Sean $350,909 Fidelity National Title Co
Payne Silvano -- First American Title Company
Payne Sean $1,450,000 First American Title Company
Brooks Richard -- --
Brooks Richard C $653,000 First American Title
Hutchinson William R -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Payne Sean $1,650,000
Previous Owner Payne Sean $942,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2013 10/29/13 Sold $1,450,000 0.0% $824 / Sq Ft
10/17/2013 10/17/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $1,450,000 -- $824 / 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 $9,143 $367,747 $214,520 $153,227
2024 $9,143 $360,537 $210,314 $150,223
2023 $9,143 $353,469 $206,191 $147,278
2022 $8,821 $346,540 $202,149 $144,391
2021 $8,157 $339,746 $198,186 $141,560
2020 $8,761 $336,263 $196,154 $140,109
2019 $7,630 $329,670 $192,308 $137,362
2018 $7,449 $323,207 $188,538 $134,669
2017 $11,784 $316,871 $184,842 $132,029
2016 $6,841 $310,659 $181,218 $129,441
2015 -- $305,993 $178,496 $127,497
2014 -- $301,361 $175,794 $125,567
Source: Public Records

Agents Affiliated with this Home

  • Chuck Lamp

    Seller's Agent in 2013

    Chuck Lamp

    Sotheby's International Realty

    (707) 935-2513

    20 in this area

    29 Total Sales

    Chuck Lamp
    Section Image
  • Sean Payne

    Buyer's Agent in 2013

    Sean Payne

    Sean Payne

    (707) 327-9385

    4 Total Sales

    Sean Payne
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21317385

Bay Area Real Estate Information Services (BAREIS)

APN: 056-081-054

California Sonoma County Sonoma 95476

16959 Cedar Ct, Sonoma, CA

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