NOT LISTED FOR SALE

Estimated Value: $928,852

5 Beds
-- Bath
4,785 Sq Ft
$194/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $715,000 $149 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $6,200/month

55 Days on Market

Highlights

  • Corner Lot
  • Carpet
  • 3-minute walk to Vallejo City Park
  • Central Heating

About This Home

As of December 2018

Income property consisting of a 4 unit building and a 2 unit building plus a commercial bldg. 2400 Sonoma Blvd. just had new roof installed.

Last Agent to Sell the Property

Gerri Kalk

Davis & Associates License #00542560 Listed on: 05/05/2018

Last Buyer's Agent

Kevin Reilly

RE/MAX Gold License #01371289

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,766

Lot Details

  • 6,499 Sq Ft Lot
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 4,785 Sq Ft Home
  • Carpet

Utilities

  • Central Heating
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0056-076-170

Community Details

Overview

  • 3 Buildings
  • 7 Units

Building Details

  • Gross Income $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,766

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: West on Tennessee Street, left on Sonoma Boulevard. Between Louisiana Street and Packard Alley.
  • Lot Size Acres: 0.1492
  • Year Built Details: Unknown
  • Actual or Scheduled: Scheduled
  • Number Commercial Units: 1
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, LVYN
  • Price Per Square Foot: 149.43
  • Square Footage: 4785
  • NumberOfBuildings: 3

Exterior Features

  • Foundation: Other
  • Lot Features: Corner
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: Street

Utilities

  • Sewer: Public Sewer
  • Utilities: PGEE
  • Water Source: Public
  • Heating: Central, STVH
  • Laundry Features: Other

Lot Info

  • Assessor Parcel Number: 0056-076-170
  • Lot Size Sq Ft: 6499

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1200
  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: 1200
  • Number Of2 Bedrooms Occupied: 1
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • Number of Studio Units: 4
  • NumberOfUnitsTotal: 7
  • Number Studios Occupied: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2018
Closed on
Nov 28, 2018
Sold by
Jin Franklin G and Ye Franklin & Rose Jin Family
Bought by
Welle Properties Llc
Seller's Agent
Gerri Kalk
Davis & Associates
Buyer's Agent
Kevin Reilly
RE/MAX Gold
List Price
$715,000
Sold Price
$715,000
Current Estimated Value
$928,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,852
Avg. Annual Appreciation
3.88%
Original Mortgage
$500,500
Outstanding Balance
$440,951
Interest Rate
4.8%
Mortgage Type
Commercial
Estimated Equity
$487,901

Purchase Details

Closed on
Feb 10, 2017
Sold by
Jin Franklin G and Franklin & Rose Jin Family Tru
Bought by
Jin Franklin G and Franklin & Rose Jin Family Tru

Purchase Details

Closed on
Mar 18, 1994
Sold by
Jin Franklin G and Jin Rose L
Bought by
Jin Franklin G and Yuen Jin Gam
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
Welle Properties Llc $715,000 Old Republic Title Co
Jin Franklin G -- None Available
Jin Franklin G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welle Properties Llc $500,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2018 12/13/18 Sold $715,000 0.0% $149 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
05/05/2018 05/05/18 For Sale $715,000 -- $149 / 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 $15,766 $797,591 $223,100 $574,491
2024 $15,766 $781,953 $218,726 $563,227
2023 $12,895 $766,622 $214,438 $552,184
2022 $14,600 $751,591 $210,235 $541,356
2021 $13,100 $736,855 $206,113 $530,742
2020 $11,224 $729,300 $204,000 $525,300
2019 $9,368 $715,000 $200,000 $515,000
2018 $3,060 $93,061 $33,084 $59,977
2017 $4,797 $91,237 $32,436 $58,801
2016 $1,132 $89,449 $31,800 $57,649
2015 $1,118 $88,107 $31,323 $56,784
2014 $1,037 $86,382 $30,710 $55,672
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21811297

Bay Area Real Estate Information Services (BAREIS)

APN: 0056-076-170