$1,100,000
SOLD JUL 10, 2024
6 Beds
4 Baths
2,662 Sq Ft
8,470 Sq Ft Lot

Recently Sold

$413 Per Sq Ft

6% Below List Price

18 Days on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Central Heating and Cooling System
  • Patwin Elementary School Rated A
  • Skylights
  • 2 Car Garage

About This Home

As of July 2024

WOW!!!! Here's your incredible opportunity. Right on the corner of Humboldt and Arthur that leads right into UCD. Very spacious 3 bedroom 2 bath on each side with nice size backyards. 1703 side has a nice area of Astro turf and stays beautifully green all year long. High sloping ceilings with beautiful wooden beams and lots of big skylights to flood the home with light. Each home has a two car garage and a nice laundry room and closet. Both homes will have a Clear City of Davis Resale report and a Clear Pest Inspection. Please cover or remove shoes at 1703.Ok everyone wants to know why are the rents so low. Well this is the classic story of the little old Lady that owned some real estate and every year when the property manager told her she could raise the rents she would say no I don't want to hurt them and I only want what I need. Eventually she came up a little but not even close to market rent. Tenants pay until August 29,2024 $1575 a month but a new owner does not have any restrictions on raising the rent to what it should be at least $2900-$3100 a month. Will have clear city and pest. Be the smart one, get the property now with only 2 maybe 3 months of low rent and then. Finally Fair market rent again for the buyer.

Last Agent to Sell the Property

Dave Miller

RE/MAX Gold, Good Home Group License #00921808 Listed on: 05/17/2024

RE/MAX Gold, Good Home Group

Last Buyer's Agent

Charlotte Boesel

Coldwell Banker Select Real Estate License #01979141

Coldwell Banker Select Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,813

Year Built

  • Built in 1978

Lot Details

  • 8,470 Sq Ft Lot

Parking

  • 2 Car Garage
  • 1 Open Parking Space

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Stucco

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Skylights

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 036-255-005-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Carden Estates Subdivision

Building Details

  • 2 Leased Units
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,813

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Year Built: 1978
  • Stories: 1
  • Subdivision: Carden Estates
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Electric Oven, Free Standing Electric Range
  • Interior Amenities: Vaulted Ceiling(s), Skylight(s)
  • Flooring: Carpet, Vinyl

Exterior Features

  • Construction Materials: Stucco, Frame
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1175000.00
  • Lot Features: Shape Regular, Curbs/Gutters
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Open Parking Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking Features: Garage
  • Total Parking Spaces: 3.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, Electric
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Other
  • Water Source: Meter on Site

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: res
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.1944
  • Lot Size Sq Ft: 8470.00

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Other"]
  • Total Number Leasable: 2
  • Number of Leased Units: 2
  • Number of Units: 2
  • Three Bedroom Rent Range: $1575
  • Number Of3 Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 036-255-005-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Jun 26, 2024
Sold by
Pisenti Gail Virginia and Patterson Joshua M
Bought by
Xiao Qing Liu And Rui Hui Chen Revocable Trus and Liu
Seller's Agent
Dave Miller
RE/MAX Gold, Good Home Group
Buyer's Agent
Charlotte Boesel
Coldwell Banker Select Real Estate
List Price
$1,175,000
Sold Price
$1,100,000
Premium/Discount to List
-$75,000
-6.38%
Total Days on Market
18
Views
21
Current Estimated Value
$1,086,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,346
Avg. Annual Appreciation
-1.36%
Original Mortgage
$400,000
Outstanding Balance
$396,997
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$689,657

Purchase Details

Closed on
Jan 19, 2024
Sold by
Virginia M Ebey Trust
Bought by
Pisenti Gail Virginia and Patterson Joshua M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,100,000 Placer Title
Grant Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2024 07/10/24 Sold $1,100,000 -6.4% $413 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/17/2024 05/17/24 For Sale $1,175,000 -- $441 / 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
2023 $11,813 $229,712 $32,624 $197,088
2022 $3,946 $225,209 $31,985 $193,224
2021 $3,838 $220,794 $31,358 $189,436
2020 $3,769 $218,531 $31,037 $187,494
2019 $3,508 $214,247 $30,429 $183,818
2018 $3,293 $210,047 $29,833 $180,214
2017 $3,220 $205,930 $29,249 $176,681
2016 $3,063 $201,893 $28,676 $173,217
2015 $2,965 $198,862 $28,246 $170,616
2014 $2,965 $194,967 $27,693 $167,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224051954

MetroList

APN: 036-255-005-000