NOT LISTED FOR SALE

171 Central Ave Sonoma, CA 95476

Estimated Value: $1,659,000 - $1,751,000

-- Bed
3 Baths
-- Sq Ft
5,000 Sq Ft Lot

Last Sold September 29, 2020

Last sale price $1,460,000

Est. 16% increase in value since last sale

Current estimated payment $10,940/month

74 Days on Market

Highlights

  • Craftsman Architecture
  • Private Yard
  • Attached Garage
  • Wood Flooring
  • Fireplace
  • Landscaped

About This Home

As of September 2020

A truly rare and unique opportunity to own two homes on one lovely parcel in the heart of the town of Sonoma. With complete attention to detail at every turn, these two adorable cottages are turn key and ready for your absolute enjoyment! Live in one and rent the other or enjoy both as a family retreat. Each is well appointed with an entertainer's open floor plan and outfitted with two spacious bedrooms and large spa-like master baths. Reclaimed wide plank pine flooring is precisely assembled throughout both homes, while French doors allow your wine country indoor/outdoor experience. Step out to the balcony and enjoy the radiant heated floors for your first morning cup of coffee, or an evening after dinner glass, as the sun sets behind the hills. Custom designer colors and finishes, level 5 smooth drywall, multiple skylights, stainless steel appliances throughout, custom kitchen cabinets and built-in dressing areas, recessed lights, barn lighting, and the upgrade list goes on!

Last Agent to Sell the Property

Jeff Lokey

Compass License #01919531 Listed on: 07/01/2020

Compass

Last Buyer's Agent

Duncan Wheeler

Compass License #01385168

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,759

Year Built

  • Built in 1924

Lot Details

  • 5,000 Sq Ft Lot
  • Landscaped
  • Irregular Lot
  • Sprinkler System
  • Private Yard
  • Garden

Home Design

  • Duplex
  • Craftsman Architecture
  • Cottage
  • Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Dishwasher
  • Laundry in unit

Flooring

  • Wood
  • Tile

Parking

  • Attached Garage
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Natural Gas Connected
  • Individual Gas Meter
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 056-387-006-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,759

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: From Sonoma, North on Highway 12, turn right on Central Avenue, property is on the left.
  • Lot Size Acres: 0.1148
  • Stories: 1
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Craftsman, Cottage
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Free Standing Refrigerator, Gas Water Heater, OVFR
  • Accessibility Features: None
  • Flooring: Tile, Wood
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete Perimeter, Pillar/Post/Pier
  • Lot Features: Auto Sprinkler F&R, Garden, Landscape Back, Landscape Front, Shape Irregular, Other, CITY
  • Roof: Composition
  • ExteriorFeatures: Yard Space

Garage/Parking

  • Parking Features: Attached, CAR3, Garage, Off Street, Street

Utilities

  • Cooling: Central, AIRC
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Utilities: Cable Available, Cable Connected, City, Natural Gas Connected, PGEE
  • Water Source: Public
  • Heating: Central, Fireplace(s), Gas
  • Laundry Features: In Each Unit, WSHD
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 056-387-006-000
  • Lot Size Sq Ft: 5000

Building Info

  • Year Built: 1924

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Oct 16, 2020
Sold by
Cleveland Charles G
Bought by
Cleveland Charles G and Charles G Cleveland Revocable
Seller's Agent
Jeff Lokey
Compass
Buyer's Agent
Duncan Wheeler
Compass
List Price
$1,460,000
Sold Price
$1,460,000
Current Estimated Value
$1,693,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,566
Avg. Annual Appreciation
3.06%
Original Mortgage
$902,450
Outstanding Balance
$804,493
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$889,073

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 18, 2020
Sold by
Salvo Denise and Salvo Anthony W
Bought by
Cleveland Charles G
Seller's Agent
Jeff Lokey
Compass
Buyer's Agent
Duncan Wheeler
Compass
List Price
$1,460,000
Sold Price
$1,460,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$902,450
Outstanding Balance
$804,493
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$889,073

Purchase Details

Listed on
Jun 9, 2015
Closed on
Jul 22, 2015
Sold by
Droubi Betty J and Betty J Droubi Living Trust
Bought by
Salvo Denise and Salvo Anthony W
Seller's Agent
B.J. Droubi
Coldwell Banker Realty
List Price
$1,130,000
Sold Price
$1,130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Aug 30, 2006
Sold by
Droubi Betty Jane
Bought by
Droubi Betty J and Betty J Droubi Living Trust

Purchase Details

Closed on
Mar 1, 2006
Sold by
Droubi Betty Jane
Bought by
Droubi Betty Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
6.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2004
Sold by
Lee Terrance
Bought by
Droubi Betty Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2004
Sold by
Freeman Jay M and The Jay M Freeman Family Trust
Bought by
Droubi Betty Jane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 1998
Sold by
Freeman Jay Michael and Freeman Jay M
Bought by
Freeman Jay M and Jay M Freeman Family Trust
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
Cleveland Charles G -- None Available
Cleveland Charles G $1,460,000 First American Title Company
Salvo Denise $1,130,000 Fidelity National Title Co
Droubi Betty J -- None Available
Droubi Betty Jane -- Financial Title Company
Droubi Betty Jane -- First American Title Co
Droubi Betty Jane $510,000 First American Title Co
Freeman Jay M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cleveland Charles G $902,450
Previous Owner Salvo Denise $574,000
Previous Owner Droubi Betty J $482,000
Previous Owner Droubi Betty Jane $618,750
Previous Owner Droubi Betty Jane $408,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2020 09/29/20 Sold $1,460,000 0.0% --
09/13/2020 09/13/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $1,460,000 +29.2% --
08/04/2015 08/04/15 Sold $1,130,000 0.0% --
06/17/2015 06/17/15 Pending -- -- --
06/09/2015 06/09/15 For Sale $1,130,000 -- --
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 $20,759 $1,580,350 $362,614 $1,217,736
2024 $20,759 $1,549,363 $355,504 $1,193,859
2023 $20,759 $1,518,984 $348,534 $1,170,450
2022 $19,481 $1,489,200 $341,700 $1,147,500
2021 $18,878 $1,460,000 $335,000 $1,125,000
2020 $16,131 $1,223,148 $270,608 $952,540
2019 $15,882 $1,199,165 $265,302 $933,863
2018 $15,922 $1,175,652 $260,100 $915,552
2017 $0 $1,152,600 $255,000 $897,600
2016 $14,615 $1,130,000 $250,000 $880,000
2015 -- $682,326 $208,763 $473,563
2014 -- $668,961 $204,674 $464,287
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22014837

Bay Area Real Estate Information Services (BAREIS)

APN: 056-387-006