NOT LISTED FOR SALE

18375 Highway 12 Sonoma, CA 95476

Estimated Value: $1,483,530

5 Beds
-- Bath
4,577 Sq Ft
$324/Sq Ft Est. Value

Last Sold September 25, 2014

Last sale price $915,000 $200 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $10,366/month

346 Days on Market

Highlights

  • Corner Lot
  • Ceiling Fan
  • Laundry Facilities
  • Fenced Yard

About This Home

As of September 2014

Awesome opportunity and investment. Mixed use Commercial/Residential. Two Commercial units totaling 1837 s.f. approx. Six single-story residential cottages. In close proximity to Fairmont Sonoma Mission in!

Last Agent to Sell the Property

Maria Lounibos

Sotheby's International Realty License #01002021 Listed on: 10/08/2013

Sotheby's International Realty

Last Buyer's Agent

Kerrin Shettle

Navigate Real Estate License #01189730

Navigate Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $27,394

Year Built

  • Built in 1948

Lot Details

  • 7,802 Sq Ft Lot
  • Fenced Yard
  • Corner Lot

Parking

  • 10 Open Parking Spaces

Home Design

  • Mixed Use
  • Concrete Foundation
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 4,577 Sq Ft Home
  • Ceiling Fan

Utilities

  • Wall Furnace
  • Individual Gas Meter
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 056-441-011-000

Community Details

Overview

  • 8 Buildings
  • 8 Units

Additional Features

  • Laundry Facilities
  • Gross Income $87,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$27,394

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Mixed Use
  • Directions To Property: Corner of Sonoma Hwy & Hawthorne Ave.
  • Lot Size Acres: 0.1791
  • CapRate: 6.20
  • Actual or Scheduled: Scheduled
  • Number Commercial Units: 2
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 199.91
  • Square Footage: 4577
  • NumberOfBuildings: 8

Exterior Features

  • Foundation: Concrete Perimeter, Slab
  • Lot Features: Corner, COUN
  • Roof: Shingle
  • ExteriorFeatures: Fenced Yard

Garage/Parking

  • Parking Features: None
  • OpenParkingSpaces: 10

Utilities

  • Cooling: Ceiling Fan(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Internet Available, PGEE
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: In Common Area
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 056-441-011-000
  • Lot Size Sq Ft: 7802

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1948

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 700.00-800.00
  • Number Of1 Bedrooms Occupied: 5
  • Number of 1 Bedroom Units: 5
  • Number of Studio Units: 1
  • NumberOfUnitsTotal: 8
  • Number Studios Occupied: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2014
Sold by
Chernoff Jan Kevin and Wade Isabel Mary
Bought by
Jan Chernoff & Isabel Wade 2014 Trust
Current Estimated Value
$1,483,530

Purchase Details

Listed on
Oct 8, 2013
Closed on
Sep 16, 2014
Sold by
Hernandez Elias G and Hernandez Gloria L
Bought by
Chernoff Jan Kevin and Wade Isabel Mary
Seller's Agent
Maria Lounibos
Sotheby's International Realty
Buyer's Agent
Kerrin Shettle
Navigate Real Estate
List Price
$915,000
Sold Price
$915,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$550,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 21, 2004
Sold by
Hernandez Gloria L
Bought by
Hernandez Elias G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2004
Sold by
Sonoma Exchange Corp
Bought by
Hernandez Elias G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 2004
Sold by
Moravec Henry J and Moravec Gloria N
Bought by
Sonoma Exchange Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
May 27, 1997
Sold by
Gabriel Ray
Bought by
Moravec Henry J and Moravec Gloria N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 9, 1995
Sold by
Thege Dallas L and Thege Carol K
Bought by
Gabriel Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
7.71%
Mortgage Type
Seller Take Back
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
Jan Chernoff & Isabel Wade 2014 Trust -- None Available
Chernoff Jan Kevin $915,000 Old Republic Title Company
Hernandez Elias G -- New Century Title Co
Hernandez Elias G -- New Century Title Co
Sonoma Exchange Corp -- New Century Title Co
Moravec Henry J -- First American Title
Gabriel Ray $430,000 Northwestern Title Security
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chernoff Jan $600,000
Closed Chernoff Jan Kevin $550,000
Previous Owner Hernandez Elias G $525,000
Previous Owner Hernandez Elias G $585,000
Previous Owner Moravec Henry $700,000
Previous Owner Moravec Henry J $60,000
Previous Owner Gabriel Ray $340,000
Closed Gabriel Ray $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2014 09/25/14 Sold $915,000 0.0% $200 / Sq Ft
09/19/2014 09/19/14 Pending -- -- --
10/08/2013 10/08/13 For Sale $915,000 -- $200 / 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
2024 $27,394 $1,078,120 $488,982 $589,138
2023 $27,394 $1,056,982 $479,395 $577,587
2022 $25,234 $1,036,258 $469,996 $566,262
2021 $24,195 $1,015,940 $460,781 $555,159
2020 $9,845 $1,005,524 $456,057 $549,467
2019 $22,458 $985,809 $447,115 $538,694
2018 $21,902 $966,481 $438,349 $528,132
2017 $12,201 $947,531 $429,754 $517,777
2016 $20,197 $928,953 $421,328 $507,625
2015 -- $915,000 $415,000 $500,000
2014 -- $630,000 $200,000 $430,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21323108

Bay Area Real Estate Information Services (BAREIS)

APN: 056-441-011