NOT LISTED FOR SALE

19764 8th St E Sonoma, CA 95476

Estimated Value: $992,724

3.94 Acres
$251,960 Price per Acre
171,626 Sq Ft Lot

Last Sold July 09, 2015

Last sale price $700,000 $4 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,001/month

110 Days on Market

About This Lot

As of July 2015

Prime commercial/industrial lot with M-3 zoning.Currently rented to tenant at north end of property.Bring your concept to this amazing opportunity.

Last Agent to Sell the Property

Robert Bernard

Sotheby's International Realty License #00880583 Listed on: 03/20/2015

Sotheby's International Realty

Last Buyer's Agent

Robert Bernard

Sotheby's International Realty License #00880583 Listed on: 03/20/2015

Sotheby's International Realty

Property Details

Property Type

  • Land

Lot Details

  • 3.94 Acre Lot
  • Property fronts a county road
  • Partial crossed fence
  • Property is Fully Fenced
  • Property is zoned M-3, Commercial,Industrial

Listing and Financial Details

  • Assessor Parcel Number 128-051-040-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Type: Land
  • Property Sub Type: Commercial Lot
  • Directions To Property: 8TH Street East to East Macarthur-head east-second lot in on left.
  • Lot Size Acres: 3.9400
  • Road Frontage Type: County Road
  • Sale Lease Rent: Sale
  • Special Features: None

Exterior Features

  • Fencing: Full, Partial Cross

Utilities

  • Electric: Electric Available
  • Sewer: Other
  • Water Source: TBD

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 128-051-040-000
  • Lot Size Sq Ft: 171626
  • Price Per Acre: 177664.97
  • CurrentUse: Commercial
  • DevelopmentStatus: Other
  • Irrigation: Other
  • NumberOfLots: 1
  • Perc Test/Septic Design: Engineered
  • Zoning Description: Commercial,Industrial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2023
Sold by
Larbre Family Trust
Bought by
Frontera West-Sonoma Dev Llc
Current Estimated Value
$992,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000,000
Outstanding Balance
$9,784,962
Interest Rate
7.12%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 13, 2022
Sold by
Larbre Michael Anthony and Larbre Rita Lorraine
Bought by
Larbre Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,113,500
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 20, 2015
Closed on
Jul 7, 2015
Sold by
Sherwood Brenda
Bought by
Sherwood Robert
Seller's Agent
Robert Bernard
Sotheby's International Realty
Buyer's Agent
Robert Bernard
Sotheby's International Realty
List Price
$700,000
Sold Price
$700,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.83%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 19, 2010
Sold by
Wahlstrom Frederick
Bought by
Lokey Jeff and Lokey Anaili I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 26, 2009
Sold by
Priority Investments Lp
Bought by
Wahlstrom Frederick

Purchase Details

Closed on
Jun 14, 2006
Sold by
Hardister Benjamin J
Bought by
Priority Investments Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.55%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frontera West-Sonoma Dev Llc $5,025,000 Chicago Title
Larbre Family Trust -- First American Title
Sherwood Robert -- First American Title Company
Larbre Mike $700,000 First American Title Company
Lokey Jeff $1,300,000 First American Title Company
Wahlstrom Frederick $633,919 First American Title Ins Co
Priority Investments Lp $1,500,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frontera West-Sonoma Dev Llc $10,000,000
Previous Owner Larbre Family Trust $5,113,500
Previous Owner Larbre Mike $350,000
Previous Owner Lokey Jeff $950,000
Previous Owner Priority Investments Lp $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2015 07/09/15 Sold $700,000 0.0% $4 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $700,000 -- $4 / 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
2025 $21,796 $849,879 $828,655 $21,224
2024 $21,796 $812,407 $812,407 --
2023 $21,796 $796,478 $796,478 $0
2022 $9,303 $780,861 $780,861 $0
2021 $9,147 $765,550 $765,550 $0
2020 $9,146 $757,701 $757,701 $0
2019 $8,956 $742,845 $742,845 $0
2018 $8,779 $728,280 $728,280 $0
2017 $8,642 $714,000 $714,000 $0
2016 $8,166 $700,000 $700,000 $0
2015 -- $940,592 $940,592 $0
2014 -- $800,000 $800,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21506254

Bay Area Real Estate Information Services (BAREIS)

APN: 128-051-040