NOT LISTED FOR SALE

Estimated Value: $1,159,000 - $1,333,000

10 Beds
4 Baths
3,508 Sq Ft
$351/Sq Ft Est. Value

Last Sold November 18, 2024

Last sale price $1,150,000 $328 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,681/month

84 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • 2 Car Attached Garage
  • North Davis Elementary School Rated A
  • The community has rules related to allowing live work
  • Double Pane Windows

About This Home

As of November 2024

INCREDIBLE INVESTMENT OPPORTUNITY Nestled in the bustling core of Downtown Davis, just minutes away from UC Davis, this duplex presents an exceptional investment opportunity. Positioned on the south side of 3rd Street,the main thoroughfare to the UCD campus,and surrounded by a vibrant array of restaurants and shops, convenience and allure define this property. The duplex boasts a substantial footprint, offering a total of 10 bedrooms and 4 bathrooms across Units A & B. Each unit features 5 bedrooms and an office. With 2 bathrooms, a one-car garage, spacious living areas, and kitchens ideally suited for student or professional tenants, these units are designed for maximum occupancy and comfort. The layout includes two bedrooms on the lower level and three bedrooms + office upstairs, ensuring flexible living spaces for occupants.Presenting a testament to its attractiveness, the property has maintained full occupancy for the past 18 years, underscoring its appeal and reliability as an income-generating asset. Recent enhancements include a new roof. With its prime location and robust rental demand due to proximity to UC Davis, the duplex will have a strong rental income making it an attractive proposition for investors seeking reliable returns.

Last Agent to Sell the Property

Dave Miller

RE/MAX Gold, Good Home Group License #00921808 Listed on: 07/19/2024

RE/MAX Gold, Good Home Group

Last Buyer's Agent

Dave Miller

RE/MAX Gold, Good Home Group License #00921808 Listed on: 07/19/2024

RE/MAX Gold, Good Home Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1997

Lot Details

  • 6,011 Sq Ft Lot
  • Landscaped
  • Sprinklers on Timer

Parking

  • 2 Car Attached Garage
  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,508 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Washer and Dryer Hookup

Kitchen

  • Free-Standing Gas Oven
  • Free-Standing Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 070-312-016-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • The community has rules related to allowing live work

Building Details

  • 2 Leased Units
  • Net Lease

Property Details

Home Type

Multi-Family

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Live/Work
  • Property Subtype 1: Duplex
  • Year Built: 1997
  • Architectural Style: Traditional
  • Levels: One, Two
  • Stories: 2
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven, Free Standing Gas Range, Gas Water Heater, Dishwasher, Disposal
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 327.82
  • Square Footage: 3508.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame, Glass
  • Foundation: Slab
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1450000.00
  • Lot Features: Auto Sprinkler F&R, Landscape Front, Other
  • New Construction: No
  • Pool: No
  • Roof: Composition
  • Spa: No
  • Topography: Level,Level

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 2.00
  • Parking Features: Attached, See Remarks
  • Total Parking Spaces: 6.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Meter on Site, Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning: res
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.1380
  • Lot Size Sq Ft: 6011.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Parking"]
  • Number of Leased Units: 2
  • Number of Units: 2

Tax Info

  • Assessor Parcel Number: 070-312-016-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Nov 15, 2024
Sold by
Biggs George Robert
Bought by
Biggs Diane Carlson
Seller's Agent
Dave Miller
RE/MAX Gold, Good Home Group
Buyer's Agent
Dave Miller
RE/MAX Gold, Good Home Group
List Price
$1,450,000
Sold Price
$1,150,000
Premium/Discount to List
-$300,000
-20.69%
Views
64
Current Estimated Value
$1,209,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,773
Avg. Annual Appreciation
6.27%
Original Mortgage
$862,500
Outstanding Balance
$853,914
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$375,664

Purchase Details

Listed on
Jul 19, 2024
Closed on
Nov 7, 2024
Sold by
Virginia M Ebey Revocable Trust and Pisenti Stephen Morris
Bought by
Biggs Ryan Scott and Biggs Diane Carlson
Seller's Agent
Dave Miller
RE/MAX Gold, Good Home Group
Buyer's Agent
Dave Miller
RE/MAX Gold, Good Home Group
List Price
$1,450,000
Sold Price
$1,150,000
Premium/Discount to List
-$300,000
-20.69%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$862,500
Outstanding Balance
$853,914
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$375,664

Purchase Details

Closed on
Jul 21, 2006
Sold by
Loomis Roger D and Loomis Wilson Marian D
Bought by
Ebey Virginia M and Virginia M Ebey Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Biggs Diane Carlson -- Placer Title
Biggs Ryan Scott $1,150,000 Placer Title
Ebey Virginia M $960,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Biggs Ryan Scott $862,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2024 11/18/24 Sold $1,150,000 0.0% $328 / Sq Ft
11/01/2024 11/01/24 Off Market $1,150,000 -- --
10/11/2024 10/11/24 Pending -- -- --
07/19/2024 07/19/24 For Sale $1,450,000 -- $413 / 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 $16,111 $1,150,000 $345,000 $805,000
2023 $16,111 $1,236,240 $515,098 $721,142
2022 $14,708 $1,212,001 $504,999 $707,002
2021 $14,400 $1,188,238 $495,098 $693,140
2020 $14,188 $1,176,055 $490,022 $686,033
2019 $13,750 $1,152,996 $480,414 $672,582
2018 $12,764 $1,130,390 $470,995 $659,395
2017 $12,513 $1,108,226 $461,760 $646,466
2016 $11,294 $998,400 $385,000 $613,400
2015 $10,607 $967,200 $385,000 $582,200
2014 $10,607 $936,000 $375,000 $561,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224078650

MetroList

APN: 070-312-016-000