NOT LISTED FOR SALE

190 Summit St Auburn, CA 95603

25 Beds
9 Baths
2,100 Sq Ft
1.15 Acres

Last Sold October 17, 2019

Last sale price $3,315,000 $1,579 Per Sq Ft

325 Days on Market

Highlights

  • 1.15 Acre Lot
  • No HOA
  • Central Heating
  • Placer High School Rated A-
  • Double Pane Windows

About This Home

As of October 2019

Rare opportunity! Courtview apartments - It's extremely uncommon that a fully occupied 25 unit apartment complex becomes available in such pristine condition. Located in the heart of Auburn overlooking Old Town. Tenants love the easy access to freeways and the privacy on top of a hill! An Investors Dream. 24- 2BR 1bath units and and 1 cottage, single unit.

Last Agent to Sell the Property

Bobby Graves

Local Real Estate License #01893900 Listed on: 06/26/2018

Last Buyer's Agent

Bobby Graves

Local Real Estate License #01893900 Listed on: 06/26/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 1.15 Acre Lot

Parking

  • 1 Parking Space Included

Home Design

  • Flat Roof Shape

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Utilities

  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity rent only
  • Assessor Parcel Number 001-143-034-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 25 Units

Building Details

  • Operating Expense $89,334

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1964
  • Accessibility Features: 0
  • Levels: 0
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal,Free Standing Electric Range,Free Standing Refrigerator
  • Flooring: Carpet,Tile,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Brick,Stucco,Wood
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Listing Price: 3800000.00
  • Patio And Porch Features: Uncovered Patio,Other
  • Roof: Flat

Garage/Parking

  • Parking Features: Street,1 Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: Laundry Hook-Up in Units,Manager's Office,Patios/Balcony,Yard Space
  • Association: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Zoning Description: RD 30
  • Lot Size Acres: 1.1500
  • Lot Size Sq Ft: 50094

Rental Info

  • Tenant Pays: Cable TV,Electricity,Rent Only

Multi Family

  • Operating Expense: 89334
  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 25
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 001-143-034-000

MLS Schools

  • School District (County): Placer

Range of Values:

--
Value Increase
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Percent Increase
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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2019 10/17/19 Sold $3,315,000 -12.8% $1,579 / Sq Ft
05/17/2019 05/17/19 Pending -- -- --
02/09/2019 02/09/19 Price Changed $3,800,000 0.0% $1,810 / Sq Ft
02/09/2019 02/09/19 For Sale $3,800,000 -2.4% $1,810 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $3,895,000 0.0% $1,855 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
09/21/2018 09/21/18 Price Changed $3,895,000 -11.4% $1,855 / Sq Ft
06/26/2018 06/26/18 For Sale $4,395,000 +131.3% $2,093 / Sq Ft
09/06/2013 09/06/13 Sold $1,900,000 -9.5% $2,111 / Sq Ft View Prior Sale
08/09/2013 08/09/13 Pending -- -- --
07/22/2013 07/22/13 For Sale $2,099,000 -- $2,332 / 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
2025 $54,075 $3,609,952 $300,751 $3,309,201
2023 $54,075 $3,470,355 $289,073 $3,181,282
2022 $53,469 $3,399,844 $283,405 $3,116,439
2021 $52,138 $3,331,594 $277,849 $3,053,745
2020 $51,658 $3,311,527 $275,000 $3,036,527
2019 $38,563 $2,052,155 $494,511 $1,557,644
2018 $37,381 $2,012,381 $484,815 $1,527,566
2017 $36,171 $1,955,789 $475,309 $1,480,480
2016 $35,128 $1,917,597 $465,990 $1,451,607
2015 $34,057 $1,887,832 $458,991 $1,428,841
2014 $33,173 $1,850,957 $450,000 $1,400,957
Source: Public Records

Agents Affiliated with this Home

  • Bobby Graves

    Seller's Agent in 2019

    Bobby Graves

    Local Real Estate

    (916) 276-6328

    9 in this area

    54 Total Sales

    Bobby Graves
    Section Image
  • Gina Borges-Valdez

    Seller's Agent in 2013

    Gina Borges-Valdez

    eXp Realty of Northern California, Inc.

    (360) 622-5693

    61 Total Sales

    Gina Borges-Valdez
    Section Image
  • Anthony James

    Buyer's Agent in 2013

    Anthony James

    RE/MAX

    (916) 536-7600

    9 Total Sales

    Anthony James
    Section Image
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Map

Source: MetroList

MLS Number: 18043211

MetroList
California Placer County Auburn 95603

190 Summit St, Auburn, CA

Not Listed for Sale

MultiFamily

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