NOT LISTED FOR SALE

Estimated Value: $936,000 - $997,000

10 Beds
5 Baths
4,645 Sq Ft
$208/Sq Ft Est. Value

Last Sold November 15, 2012

Last sale price $1,010,000 $217 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,351/month

23 Days on Market

Highlights

  • 0.32 Acre Lot
  • No HOA
  • 1-Story Property
  • North Davis Elementary School Rated A

About This Home

As of November 2012

Core/Central Davis opportunity for investment or perhaps you would like to live in the historic main house and enjoy rental income from the remaining properties? Welcome to the corner of 2nd Street & A Street. there are three homes on this lot. A beautiful Craftsman built Circa 1910, and the charming water-tower Circa 1925 converted to a residence and finally, the duplex unit located right on the corner of 2nd and A. Parking is plentiful. This is truly a rare find with numerous possibilities!

Last Agent to Sell the Property

Laura Murray

Windermere Signature Properties Davis License #01437243 Listed on: 07/17/2012

Windermere Signature Properties Davis

Last Buyer's Agent

Steven Boschken

Coldwell Banker Select Real Estate License #01158604

Coldwell Banker Select Real Estate

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions: 0.3199

Home Design

  • Quadruplex

Additional Features

  • 1-Story Property
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv gas
  • Assessor Parcel Number 070-064-004-000

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • 1 Vacant Unit
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Architectural Style: Contemporary,Cottage/Bungalow
  • Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: See Remarks
  • Flooring: Carpet,Wood,Varies by Unit,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Vinyl Siding,Wood
  • Disclosures/Documents: CC&Rs,Natural Hazard Disclosure Available,Rental/Lease Agmts
  • Listing Price: 1050000.00
  • Roof: Composition,Flat

Garage/Parking

  • Parking Features: Varies by Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Central,Window Unit(s),Varies by Unit
  • Heating: Central,Wall Furnace,Varies by Unit

Condo/Co-op/Association

  • Association Features: Varies By Unit
  • Association: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: PD-2
  • Lot Size Acres: 0.3199
  • Lot Dimensions: 0.3199
  • Lot Size Sq Ft: 13934

Rental Info

  • Tenant Pays: Cable TV,Gas
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 3
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 070-064-004-000

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2012
Closed on
Nov 8, 2012
Sold by
First Northern Bank
Bought by
Patel Ashok and Patel Nila
Seller's Agent
Laura Murray
Windermere Signature Properties Davis
Buyer's Agent
Steven Boschken
Coldwell Banker Select Real Estate
List Price
$1,050,000
Sold Price
$1,010,000
Premium/Discount to List
-$40,000
-3.81%
Current Estimated Value
$966,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,500
Avg. Annual Appreciation
-0.33%
Original Mortgage
$750,000
Outstanding Balance
$561,486
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$405,014

Purchase Details

Closed on
Nov 21, 2001
Sold by
Abbott Ursula H Knight
Bought by
Abbott Ursula H Knight and Ursula H K Abbott Revocable Tr
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
Patel Ashok $1,010,000 Placer Title Company
Abbott Ursula H Knight -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Ashok $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2012 11/15/12 Sold $1,010,000 -3.8% $217 / Sq Ft
08/09/2012 08/09/12 Pending -- -- --
07/17/2012 07/17/12 For Sale $1,050,000 -- $226 / 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 $15,444 $1,243,729 $430,993 $812,736
2023 $15,444 $1,195,435 $414,258 $781,177
2022 $14,827 $1,171,996 $406,136 $765,860
2021 $14,510 $1,149,017 $398,173 $750,844
2020 $14,288 $1,137,237 $394,091 $743,146
2019 $13,841 $1,114,939 $386,364 $728,575
2018 $12,871 $1,093,079 $378,789 $714,290
2017 $12,615 $1,071,647 $371,362 $700,285
2016 $12,606 $1,050,635 $364,081 $686,554
2015 $12,168 $1,034,855 $358,613 $676,242
2014 $12,168 $1,014,585 $351,589 $662,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 12044537

MetroList

APN: 070-064-004-000