NOT LISTED FOR SALE

Estimated Value: $1,476,000 - $2,739,000

9 Beds
30 Baths
-- Sq Ft
13,769 Sq Ft Lot

Last Sold April 02, 2024

Last sale price $1,560,000

Est. 16% increase in value since last sale

Current estimated payment $11,141/month

102 Days on Market

Highlights

  • Traditional Architecture
  • Fenced Yard
  • Landscaped
  • Corner Lot
  • 4 Car Detached Garage
  • 4-minute walk to Fuller Park

About This Home

As of April 2024

Downtown Napa Income Property Opportunity! Centrally located and just blocks from Fuller Park, this four-unit property generates great income with wonderful long-time tenants. Each unit is separately metered and offers nice floorplans, one unit is a 3 bedroom/1 full bath/2 half bath, two units offer 2 bedrooms/2 full bath/1 half bath and the fourth unit offers 2 bedrooms/1 full bath/2 half baths. All units enjoy a fenced private patio, one car garage, and an additional parking space off street. The units are nicely maintained with concrete composite siding, dual pane windows, central heating, and an added bonus of laundry hookups in each unit's garage.

Last Agent to Sell the Property

Connie & Jamie Johnson Team

Golden Gate Sotheby's License #00915198 Listed on: 12/01/2023

Golden Gate Sotheby's

Co-Listed By

Jamie Cook

Golden Gate Sotheby's License #01708133

Last Buyer's Agent

Marie Rossi

Rossi Realty Investment Co License #00611571

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 0.32 Acre Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot

Parking

  • 4 Car Detached Garage
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 9 Bedrooms
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Central Heating
  • Individual Gas Meter
  • Separate Water Meter

Community Details

  • 4 Units
  • Gross Income $115,440

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 005-021-016-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

0.32 Acres

Parking

4

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions To Property: Jefferson Street to Pine Street - east corner of Pine and Jefferson.
  • Lot Size Acres: 0.3161
  • Stories: 2
  • CapRate: 3.89
  • Signs: Yes
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Traditional
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Free Standing Gas Range
  • Flooring: Carpet, Laminate, Varies By Unit
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Slab
  • Lot Features: Corner, Landscape Front
  • Roof: Composition
  • ExteriorFeatures: Fenced Yard, Yard Space

Garage/Parking

  • Parking Features: Detached, Garage, Off Street, Street, Uncovered
  • Total Parking Spaces: 8.00
  • Garage Spaces: 4.00

Utilities

  • Cooling: Ceiling Fan(s), None
  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Other
  • Separate Meters: Electricity, Gas, Water

Schools

  • Middle/Junior School District: Napa Valley Unified

Lot Info

  • Assessor Parcel Number: 005-021-016-000
  • Lot Size Sq Ft: 13769.00

Rental Info

  • TenantPays: Electricity

Building Info

  • Year Built: 1986

Multi Family

  • Two Bedroom Rent Range: 2405
  • Three Bedroom Rent Range: 2405
  • Number Of2 Bedrooms Occupied: 3
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 4

MLS Schools

  • Senior High School District: Napa Valley Unified
  • School District (County): Napa

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Mar 25, 2024
Sold by
Linda And Bill Dunlap Revocable Trust and Dunlap Linda Lee
Bought by
James P Raymond Trust and Raymond
Seller's Agent
Connie & Jamie Johnson Team
Golden Gate Sotheby's
Buyer's Agent
Marie Rossi
Rossi Realty Investment Co
List Price
$2,125,000
Sold Price
$1,560,000
Premium/Discount to List
-$565,000
-26.59%
Views
176
Current Estimated Value
$1,814,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,659
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Aug 3, 2020
Sold by
Dunlap William E and Dunlap Linda Lee
Bought by
Dunlap William Edward and Dunlap Linda Lee

Purchase Details

Closed on
Apr 22, 2013
Sold by
Dunlap William E
Bought by
Dunlap Linda Lee and Dunlap William E

Purchase Details

Closed on
Apr 15, 2006
Sold by
Mcbade Lorna and Lockwood Maurice R
Bought by
Dunlap William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 14, 2006
Sold by
Dunlap Linda Lee
Bought by
Dunlap William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$940,000
Interest Rate
7.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 7, 2003
Sold by
Mcbade Lorna
Bought by
Vision Quest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Vision Quest Llc
Bought by
Mcbade Lorna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 29, 2001
Sold by
Mcbade Lorna R
Bought by
Mcbade Lorna and The Mcbade Lockwood 1998 Revoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,700
Interest Rate
7.13%

Purchase Details

Closed on
Jan 18, 2001
Sold by
Emile Isabelle
Bought by
Mcbade Lorna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,700
Interest Rate
7.13%

Purchase Details

Closed on
Jul 29, 1999
Sold by
Slaggert James M and Slaggert Isabelle B
Bought by
Emile Isabelle

Purchase Details

Closed on
Feb 21, 1997
Sold by
Balch Harry E and Balch Charlotte H
Bought by
Slaggert James M and Slaggert Isabelle B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.86%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
James P Raymond Trust $1,560,000 None Listed On Document
Dunlap William Edward -- None Available
Dunlap Linda Lee -- None Available
Dunlap William E $1,175,000 Fidelity National Title Co
Lockwood Maurice R -- Fidelity National Title Co
Mcbade Lorna -- Fidelity National Title Co
Dunlap William E -- Fidelity National Title Co
Vision Quest Llc -- --
Mcbade Lorna -- Fidelity National Title Co
Mcbade Lorna -- Napa Land Title Company
Mcbade Lorna R -- Napa Land Title Company
Emile Isabelle -- --
Slaggert James M $400,000 Napa Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dunlap William E $940,000
Previous Owner Mcbade Lorna $522,000
Previous Owner Mcbade Lorna R $528,700
Previous Owner Slaggert James M $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/02/2024 04/02/24 Sold $1,560,000 -8.2% --
03/12/2024 03/12/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $1,700,000 -5.6% --
01/20/2024 01/20/24 Price Changed $1,800,000 -5.2% --
12/23/2023 12/23/23 Price Changed $1,899,000 -10.6% --
12/01/2023 12/01/23 For Sale $2,125,000 -- --
Source: Bay Area Real Estate Information Services (BAREIS)

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 $20,385 $1,591,200 $571,200 $1,020,000
2024 $19,791 $1,574,239 $502,414 $1,071,825
2023 $19,791 $1,543,372 $492,563 $1,050,809
2022 $18,981 $1,513,110 $482,905 $1,030,205
2021 $18,606 $1,483,442 $473,437 $1,010,005
2020 $18,357 $1,468,232 $468,583 $999,649
2019 $17,981 $1,439,445 $459,396 $980,049
2018 $17,742 $1,411,222 $450,389 $960,833
2017 $17,394 $1,383,552 $441,558 $941,994
2016 $17,097 $1,356,424 $432,900 $923,524
2015 $16,010 $1,336,050 $426,398 $909,652
2014 $15,773 $1,309,880 $418,046 $891,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323926738

Bay Area Real Estate Information Services (BAREIS)

APN: 005-021-016

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