NOT LISTED FOR SALE

Estimated Value: $826,000 - $1,962,000

16 Beds
1 Bath
3,564 Sq Ft
$366/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $1,500,000 $421 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $7,917/month

120 Days on Market

About This Home

As of February 2019

Situated along the Santa Rosa Creek on three separate contiguous parcels, this 7-unit apartment complex is comprised of one 4-plex, one duplex and one single family residence. The property consists of (5)2BR/1BA units and (2)3BR/1BA units. The complex features (7) carports, a laundry room and individual meters for PG&E. The units feature various levels of remodel, some dual-pane windows and either a deck or fenced patio. Under market rents.

Last Agent to Sell the Property

Steven Level

Berkshire Hathaway License #01184232 Listed on: 07/24/2018

Berkshire Hathaway

Co-Listed By

Ted Abe

Berkshire Hathaway License #01168745

Last Buyer's Agent

Anna Harris

Coldwell Banker Realty License #02039513

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,721

Year Built

  • Built in 1964

Lot Details

  • 0.3 Acre Lot

Home Design

  • 3,564 Sq Ft Home
  • Concrete Foundation
  • Shingle Roof
  • Composition Roof

Parking

  • 7 Carport Spaces
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 181-250-052-000

Community Details

Overview

  • 3 Buildings
  • 7 Units

Additional Features

  • Laundry Facilities
  • Gross Income $130,992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,721

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: 4th St - Santa Rosa, CA
  • Lot Size Acres: 0.2996
  • CapRate: 5.66
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 420.88
  • Square Footage: 3564
  • NumberOfBuildings: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Carport, Off Street
  • Carport Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 181-250-052-000
  • Lot Size Sq Ft: 13051

Building Info

  • Year Built: 1964

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1400-1600
  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: 1550
  • Number Of2 Bedrooms Occupied: 5
  • Number of 2 Bedroom Units: 5
  • Number Of3 Bedrooms Occupied: 2
  • Number of 3 Bedroom Units: 2
  • NumberOfUnitsTotal: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2018
Closed on
Jan 29, 2019
Sold by
Kraft Jason and Kraft Maya
Bought by
Quewrcus Llc
Seller's Agent
Steven Level
Berkshire Hathaway
Buyer's Agent
Anna Harris
Coldwell Banker Realty
List Price
$1,500,000
Sold Price
$1,500,000
Current Estimated Value
$1,304,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$195,667
Avg. Annual Appreciation
-2.15%
Original Mortgage
$1,025,000
Outstanding Balance
$902,966
Interest Rate
4.5%
Mortgage Type
Commercial
Estimated Equity
$397,367

Purchase Details

Closed on
Mar 25, 2013
Sold by
Kraft Jason and Kraft Maya
Bought by
Kraft Jason and Kraft Maya

Purchase Details

Closed on
Oct 8, 2012
Sold by
Kraft Maya
Bought by
Kraft Jason and Kraft Maya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,000
Interest Rate
3.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2008
Sold by
Kraft Jason
Bought by
Kraft Maya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2008
Sold by
Collin Mark A and Collin Debbie R
Bought by
W Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Quewrcus Llc $1,500,000 Cornerstone Title Co
Kraft Jason -- None Available
Kraft Jason -- Fidelity National Title Co
Kraft Maya -- North Bay Title Co
Kraft Maya $690,000 North Bay Title Co
W Trust $436,000 North Bay Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quewrcus Llc $1,025,000
Previous Owner Kraft Jason $498,000
Previous Owner Kraft Maya $517,500
Previous Owner Collin Mark A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $1,500,000 0.0% $421 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $1,500,000 -- $421 / 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 $9,721 $853,366 $184,057 $669,309
2024 $9,721 $836,635 $180,449 $656,186
2023 $9,721 $820,231 $176,911 $643,320
2022 $8,983 $804,149 $173,443 $630,706
2021 $8,874 $788,383 $170,043 $618,340
2020 $8,853 $828,711 $120,099 $708,612
2019 $9,343 $812,463 $117,745 $694,718
2018 $9,291 $796,534 $115,437 $681,097
2017 $8,631 $738,000 $107,000 $631,000
2016 $8,302 $700,000 $107,149 $592,851
2015 $8,177 $700,000 $107,149 $592,851
2014 $7,380 $659,000 $96,000 $563,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21819367

Bay Area Real Estate Information Services (BAREIS)

APN: 181-250-052