NOT LISTED FOR SALE

25343 Madrone Dr Willits, CA 95490

Estimated Value: $365,522

3 Beds
3 Baths
1,848 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $313,250 $170 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,274/month

175 Days on Market

Highlights

  • Guest Parking
  • Washer and Dryer
  • Carpet

About This Home

As of May 2021

Wonderful TRIPLEX investment opportunity in serene setting with lots of off street parking. All identical 1 bed 1 bath units with outside patios on large lot (14,907sf apr). All units rented. No sign on property. Please do not disturb tenants. All separate utilities, laundry hookups in each unit. Make offer (with preapproval letter) subject to inspection. Unit pictures on MLS are from #3 unit, all have same layout. Great for starter investors or owner occupy one unit and collect rent on others. Triplex has professional management.

Last Agent to Sell the Property

C. Lee Mc Kim

Keller Williams San Jose Gateway License #00761704 Listed on: 10/10/2020

Keller Williams San Jose Gateway

Last Buyer's Agent

Sander Burman

Jazz Real Estate Ltd License #01915119

Property Details

Home Type

  • Multi-Family

Year Built

  • 1990

Lot Details

  • 0.34

Home Design

  • 1,848 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Composition Roof

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Parking

  • 6 Parking Spaces
  • Covered Parking
  • Guest Parking
  • Off-Street Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Community Sewer or Septic

Additional Features

  • Washer and Dryer
  • 14,810 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $25,500

Community Details

Overview

Building Details

  • 3 Leased Units
  • Insurance Expense $1,608
  • Operating Expense $4,149
  • Gross Income $25,500

Property Details

Home Type

Multi-Family

Year Built

1990

Lot Details

0.34 Acres

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1848
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1990

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Electric, Refrigerator
  • Living Sq Ft: 1848
  • Laundry: Washer/Dryer - Some Units
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Common Parking Area, Guest / Visitor Parking, Off-Street Parking, Room For Oversized Vehicle

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Community Sewer / Septic

Lot Info

  • Lot Acres: 0.3400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14907.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14907.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 12.94
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1608
  • Expenses Total: 4149
  • Income Annual Gross: 25500.00
  • Income Annual Rental: 25500
  • Income Gross Scheduled: 25500
  • Income Includes: Rents
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Services - Trash Removal
  • Tenant Expenses: Utilities - Gas, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2020
Closed on
Jun 26, 2021
Sold by
Feldman Kim Philip and Miche Feldman Jeanne
Bought by
Feldman Kim Philip and Miche Feldman Jeanne
Seller's Agent
C. Lee Mc Kim
Keller Williams San Jose Gateway
Buyer's Agent
Sander Burman
Jazz Real Estate Ltd
List Price
$349,888
Sold Price
$313,250
Premium/Discount to List
-$36,638
-10.47%
Current Estimated Value
$365,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,272
Avg. Annual Appreciation
3.20%

Purchase Details

Listed on
Oct 10, 2020
Closed on
Apr 28, 2021
Sold by
Escoto Jesse
Bought by
Feldman Kim Phillip and Miche-Feldman Jeanne
Seller's Agent
C. Lee Mc Kim
Keller Williams San Jose Gateway
Buyer's Agent
Sander Burman
Jazz Real Estate Ltd
List Price
$349,888
Sold Price
$313,250
Premium/Discount to List
-$36,638
-10.47%

Purchase Details

Listed on
Aug 2, 2019
Closed on
Dec 12, 2019
Sold by
Misson William W and Misson Carol
Bought by
Escoto Jesse
Seller's Agent
Barbara Lincoln
Lincoln Realty
List Price
$265,000
Sold Price
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.69%
Original Mortgage
$198,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2015
Sold by
Allen Kerry L and Allen Shirley L
Bought by
Allen Kerry L and Allen Shirley L
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
Feldman Kim Philip -- None Available
Feldman Kim Phillip $313,500 North Coast Title
Escoto Jesse $265,000 Redwood Empire Title
Allen Kerry L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Escoto Jesse $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2021 05/05/21 Sold $313,250 -5.0% $170 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
01/15/2021 01/15/21 Price Changed $329,888 -5.7% $179 / Sq Ft
10/10/2020 10/10/20 For Sale $349,888 +32.0% $189 / Sq Ft
12/12/2019 12/12/19 Sold $265,000 0.0% $331 / Sq Ft View Prior Sale
12/11/2019 12/11/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $265,000 -- $331 / Sq Ft
Source: MLSListings

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 $3,856 $334,469 $75,769 $258,700
2023 $3,856 $321,483 $72,828 $248,655
2022 $3,584 $272,783 $72,139 $200,644
2021 $3,158 $267,520 $70,725 $196,795
2020 $2,629 $222,739 $36,299 $186,440
2019 $2,627 $218,372 $35,587 $182,785
2018 $2,541 $214,090 $34,889 $179,201
2017 $2,490 $209,893 $34,205 $175,688
2016 $2,473 $205,779 $33,535 $172,244
2015 $2,456 $202,689 $33,031 $169,658
2014 $2,360 $198,721 $32,385 $166,336
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    C. Lee Mc Kim

    Keller Williams San Jose Gateway

    Section Image

  • S

    Buyer's Agent in 2021

    Sander Burman

    Jazz Real Estate Ltd

    (415) 663-7000

    1 in this area

    7 Total Sales

    Sander Burman
    Section Image

  • B

    Seller's Agent in 2019

    Barbara Lincoln

    Lincoln Realty

    (707) 459-4599

    2 in this area

    2 Total Sales

    Barbara Lincoln
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81815124

MLSListings

APN: 098-262-10-01

California Mendocino County Willits 95490

25343 Madrone Dr, Willits, CA

Not Listed for Sale

MultiFamily

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