NOT LISTED FOR SALE
7 Beds
10 Baths
4,320 Sq Ft
9,191 Sq Ft Lot

Last Sold April 06, 2022

Last sale price $1,600,000 $370 Per Sq Ft

77 Days on Market

Highlights

  • Landscaped
  • Laundry Facilities
  • 4-minute walk to Playground Fantastico
  • Hot Water Heating System
  • Carpet

About This Home

As of April 2022

Income Property Opportunity! This 6-unit apartment building is centrally located in Napa and is available for the first time in over 50 years. Built in 1968, this building offers five-2 bedroom/1 bath units and one-1 bedroom/1 bath unit, plus coin-operated laundry and off-street parking. Excellent long-term tenants, some of which have been residents for over 20 years! Nicely maintained exterior with dual pane windows throughout complete this offering.

Last Agent to Sell the Property

Connie & Jamie Johnson Team

Golden Gate Sotheby's License #00915198 Listed on: 12/31/2021

Golden Gate Sotheby's

Co-Listed By

Jamie Cook

Golden Gate Sotheby's License #01708133

Last Buyer's Agent

Craig Burnett

Corcoran Icon Properties License #01155053

Corcoran Icon Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1968

Lot Details

  • 9,191 Sq Ft Lot
  • Landscaped

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 7 Bedrooms
  • 4,320 Sq Ft Home
  • 2-Story Property
  • Free-Standing Electric Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 10 Parking Spaces
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • Hot Water Heating System

Community Details

  • 6 Units
  • Laundry Facilities
  • Gross Income $100,500

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 004-372-025-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Old Sonoma Road to Underhill Drive.
  • Lot Size Acres: 0.2110
  • Stories: 2
  • CapRate: 3.00
  • Signs: Yes
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Other
  • Special Features: None

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Carpet, Laminate, Varies By Unit, Vinyl
  • Price Per Square Foot: 370.37
  • Square Footage: 4320.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Slab
  • Lot Features: Landscape Front, Sidewalk
  • Property Condition: Varies By Unit
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street, Street, Uncovered
  • Total Parking Spaces: 10.00

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public
  • Heating: Hot Water, Other
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity

Schools

  • Middle/Junior School District: Napa Valley Unified

Lot Info

  • Assessor Parcel Number: 004-372-025-000
  • Lot Size Sq Ft: 9191.00

Rental Info

  • TenantPays: Electricity

Building Info

  • Year Built: 1968

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 1305
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1414
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 1
  • Number Of2 Bedrooms Occupied: 5
  • NumberOfUnitsTotal: 6

MLS Schools

  • Senior High School District: Napa Valley Unified
  • School District (County): Napa

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
04/06/2022 04/06/22 Sold $1,600,000 -13.2% $370 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $1,843,000 -- $427 / 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 $21,957 $1,697,932 $530,604 $1,167,328
2024 $21,957 $1,664,640 $520,200 $1,144,440
2023 $21,957 $1,632,000 $510,000 $1,122,000
2022 $8,802 $507,163 $123,893 $383,270
2021 $8,531 $497,219 $121,464 $375,755
2020 $8,305 $492,122 $120,219 $371,903
2019 $8,097 $482,473 $117,862 $364,611
2018 $7,922 $473,013 $115,551 $357,462
2017 $7,695 $463,739 $113,286 $350,453
2016 $7,368 $454,647 $111,065 $343,582
2015 $6,800 $447,819 $109,397 $338,422
2014 $6,681 $439,048 $107,255 $331,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321114887

Bay Area Real Estate Information Services (BAREIS)