NOT LISTED FOR SALE

Estimated Value: $228,000 - $819,000

4 Beds
2 Baths
2,000 Sq Ft
$312/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $479,000 $240 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,919/month

41 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Garage
  • Fred T. Korematsu Elementary School At Mace Ranch Rated A
  • Central Heating
  • 1-Story Property

About This Home

As of October 2014

Here is your chance to own investment property in Davis for under $500k. Two- 2 bedroom 1 bath units. Tenants are currently month to month, but would sign longer leases. Owner is selling units in As Is condition, and will give $5k credit per unit towards repairs-updates. Units are always rented out, close to parks, shopping, schools, and downtown.... easy access to freeway and Sacto.

Last Agent to Sell the Property

Murre Traverso

Re/Max Gold First Street License #01172281 Listed on: 07/21/2014

Re/Max Gold First Street

Last Buyer's Agent

Jed Setzer

Upward Realty License #01910813

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • 6,530

Parking

  • Garage

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Additional Features

  • 6,530 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for rent only
  • Assessor Parcel Number 071-010-011-000

Community Details

Overview

  • No Home Owners Association

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1975
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Electric Oven,Free Standing Electric Range
  • Other Equipment: None
  • Flooring: Carpet,Laminate,Linoleum/Vinyl
  • Window Features: Dual Pane Partial

Exterior Features

  • Construction Materials: Frame,Lap Siding,Stucco
  • Disclosures/Documents: CC&Rs,See Remarks
  • Listing Price: 479000.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Garage

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Cooling: Ceiling Fan(s),Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1499
  • Lot Size Sq Ft: 6530

Rental Info

  • Tenant Pays: Rent Only

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 071-010-011-000

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2014
Closed on
Oct 28, 2014
Sold by
Mora Lauro A and Mora Elizabeth P
Bought by
Tong Carol L
Seller's Agent
Murre Traverso
Re/Max Gold First Street
Buyer's Agent
Jed Setzer
Upward Realty
List Price
$499,000
Sold Price
$479,000
Premium/Discount to List
-$20,000
-4.01%
Current Estimated Value
$624,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,942
Avg. Annual Appreciation
2.41%
Original Mortgage
$343,000
Outstanding Balance
$264,674
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$360,268

Purchase Details

Listed on
Jul 21, 2014
Closed on
Oct 8, 2014
Sold by
Arias Arturo Julian Gonzalez
Bought by
Tong Carol L
Seller's Agent
Murre Traverso
Re/Max Gold First Street
Buyer's Agent
Jed Setzer
Upward Realty
List Price
$499,000
Sold Price
$479,000
Premium/Discount to List
-$20,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Outstanding Balance
$264,674
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$360,268

Purchase Details

Closed on
Jan 3, 2008
Sold by
Mora Lauro A and Mora Elizabeth P
Bought by
Mora Lauro A and Mora Elizabeth P

Purchase Details

Closed on
Jan 6, 1999
Sold by
Olive Glen Foundation
Bought by
Mora Lauro and Mora Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,650
Interest Rate
6.66%

Purchase Details

Closed on
Apr 7, 1998
Sold by
Boardman Elizabeth G Living Trust and William E
Bought by
Olive Glen Foundation Inc

Purchase Details

Closed on
May 22, 1995
Sold by
Boardman Elizabeth G and Elizabeth G Boardman Living Tr
Bought by
Boardman Elizabeth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
8.43%
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
Tong Carol L $479,000 Placer Title Company
Tong Carol L -- Placer Title Company
Mora Lauro A -- None Available
Mora Lauro $185,000 Fidelity National Title Co
Olive Glen Foundation Inc -- --
Boardman Elizabeth G -- Fidelity National Title Ins
Boardman Elizabeth G $90,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tong Carol L $343,000
Previous Owner Mora Lauro $86,650
Previous Owner Boardman Elizabeth G $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2014 10/31/14 Sold $479,000 -4.0% $240 / Sq Ft
08/31/2014 08/31/14 Pending -- -- --
07/21/2014 07/21/14 For Sale $499,000 -- $250 / 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 $7,727 $575,675 $258,391 $317,284
2023 $7,727 $553,322 $248,358 $304,964
2022 $7,406 $542,474 $243,489 $298,985
2021 $7,234 $531,838 $238,715 $293,123
2020 $7,119 $526,386 $236,268 $290,118
2019 $6,801 $516,066 $231,636 $284,430
2018 $6,266 $505,948 $227,095 $278,853
2017 $6,136 $496,029 $222,643 $273,386
2016 $5,930 $486,304 $218,278 $268,026
2015 $3,394 $479,000 $215,000 $264,000
2014 $3,394 $236,581 $89,516 $147,065
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 14046213

MetroList

APN: 071-010-011-000