$1,058,493
SOLD MAR 21, 2025

205 Cherry Ave Auburn, CA 95603

4 Beds
4 Baths
4,682 Sq Ft
4,674 Sq Ft Lot

Recently Sold

$226 Per Sq Ft

4% Below List Price

4 Days on Market

Highlights

  • Downtown View
  • Private Lot
  • No HOA
  • Placer High School Rated A-
  • Traditional Architecture
  • Double Pane Windows

About This Home

As of March 2025

This well located apartment home has been updated and remodeled upon turn-over while maintaining its historic charm and character. Situated in Downtown Auburn, this location is ideal for young professionals desiring a live, work, play lifestyle.

Last Agent to Sell the Property

John Gallagher

TRI Property Management Services Inc License #01049566 Listed on: 02/25/2025

Last Buyer's Agent

Marissa Leahy

eXp Realty of California Inc. License #02071687

eXp Realty of California Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 4,674 Sq Ft Lot
  • Private Lot

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Concrete Foundation
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Aluminum Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,682 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Window Treatments
  • Downtown Views
  • Apartment Living Space in Basement

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Separate Meters
  • Natural Gas Connected
  • Property is located within a water district
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 002-121-010-000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 9 Units

Building Details

  • 9 Leased Units
  • 1 Vacant Unit
  • Net Lease
  • Insurance Expense $14,400
  • Maintenance Expense $16,806
  • Other Expense $642
  • Professional Management Expense $6,000
  • Net Operating Income $55,184

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Year Built: 1918
  • Architectural Style: Traditional
  • Levels: Two
  • Stories: 2
  • Number of One Bedroom Units: 6
  • ResoPropertyType: ResidentialIncome
  • Number Of1 Bedrooms Occupied: 6
  • Number Of Studios Occupied: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Gas Water Heater, Disposal, Free Standing Electric Oven, Free Standing Electric Range
  • Flooring: Carpet, Vinyl
  • Basement: Apartment In Basement
  • Price Per Square Foot: 226.08
  • Square Footage: 4682.00
  • Window Features: Dual Pane Partial, Window Coverings

Exterior Features

  • Construction Materials: Aluminum Siding, Wood Siding
  • Disclosures/Documents: Transfer Disclosure Statement
  • Foundation: Raised, Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1100000.00
  • Lot Features: Private, Shape Regular, Sidewalk
  • New Construction: No
  • Pool: No
  • Property Condition: Varies by Unit
  • Roof: Composition
  • Spa: No
  • Topography: Trees Few,Trees Few
  • View Description: City, Downtown

Garage/Parking

  • Parking Features: Street

Utilities

  • Security: None
  • Sewer: Sewer Connected, Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, City, Electric, Internet Available
  • Cooling: Wall Unit(s)
  • Heating: Other
  • Laundry Features: Other
  • Water Source: Water District
  • Utilities Expenses: 4000
  • Separate Meters: Common Area Meter, Electricity, Gas

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Zoning: Mixed Use
  • Irrigation: Irrigation Connected, Irrigation District
  • Lot Size Acres: 0.1073
  • Lot Size Sq Ft: 4674.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Gross Income: 116131
  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 9
  • Insurance Expense: 14400
  • Maintenance Expense: 16806
  • Number of Leased Units: 9
  • Number of Units: 9
  • Number of Vacant Units: 1
  • Units Furnished: None
  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 805-1300
  • Studio Rent Range: 887-925
  • Studio Annual Occupancy: 75

Tax Info

  • Assessor Parcel Number: 002-121-010-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Placer

Range of Values:

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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 Change Sq Ft Price
03/21/2025 03/21/25 Sold $1,058,493 -3.8% $226 / Sq Ft
03/01/2025 03/01/25 Pending -- -- --
02/25/2025 02/25/25 For Sale $1,100,000 -- $235 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 225022248

MetroList