NOT LISTED FOR SALE

2722 Stony Point Rd Santa Rosa, CA 95407

5 Beds
10 Baths
2,304 Sq Ft
1.71 Acres

Last Sold October 27, 2023

Last sale price $700,000 $304 Per Sq Ft

181 Days on Market

Highlights

  • Secluded Lot
  • Private Yard
  • 1-Story Property

About This Home

As of October 2023

This property presents an ideal opportunity for a contractor or builder interested in developing the 1.7-acre lot. The site currently houses 4 units, which have been updated to some extent and were previously occupied, with the last tenant in unit 2 scheduled to vacate by July 17th. Buyer could choose to bring these units up to code, meeting the city's repair and permit requirements, or they may opt to start from scratch with new construction. It is incumbent upon the buyer to thoroughly investigate the city's requirements and permissible developments for the property. Please refer to the city-issued notices for further information. The sale is CASH ONLY, and buyer will be required to sign a document provided by the city acknowledging responsibility for any violation notices. These notices primarily relate to permit violations for updates, such as installing a new stove/hood, converting garages into storage rooms or bedrooms, and carrying out basic repairs like gutter and outside drainage maintenance, and siding repairs. Unit 3 requires substantial work, including flooring repairs, mold remediation, and drainage improvements. Street access already situated at the end of the lot. Has 4 meters for electricity/gas. Fees were paid for 4 water meters but not installed.

Last Agent to Sell the Property

The Wilson Team

Vanguard Properties License #01451397 Listed on: 03/29/2023

Vanguard Properties

Last Buyer's Agent

Savannah L

AMC Realty License #01716311

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 1.71 Acre Lot
  • Secluded Lot
  • Private Yard

Parking

  • 1 Car Garage

Home Design

  • Quadruplex

Interior Spaces

  • 5 Bedrooms
  • 2,304 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 134-290-005-000

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Gross Income $85,260

Property Details

Home Type

Multi-Family

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: US 101N to Exit 481B for CA 116W Left onto CA 116W turn R on Stony Point Rd destination is on the right. No sign on property.
  • Lot Size Acres: 1.7100
  • Stories: 1
  • CapRate: 4.03
  • Signs: No
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Price Per Square Foot: 303.82
  • Square Footage: 2304.00
  • NumberOfBuildings: 2

Exterior Features

  • Lot Features: Private, Secluded
  • Property Condition: Updated/Remodeled
  • ExteriorFeatures: Yard Space

Garage/Parking

  • Parking Features: Varies By Unit
  • Total Parking Spaces: 8.00
  • Garage Spaces: 1.00

Utilities

  • Cooling: Varies By Unit
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Varies By Unit
  • Laundry Features: Other

Lot Info

  • Assessor Parcel Number: 134-290-005-000
  • Lot Size Sq Ft: 74488.00

Building Info

  • Year Built: 1959

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 1650-2100
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1800-2200
  • Number Of1 Bedrooms Occupied: 2
  • Number of 1 Bedroom Units: 2
  • Number Of2 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • Number Of4 Bedroom Units: 1
  • NumberOfUnitsTotal: 4

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2023 10/27/23 Sold $700,000 -29.6% $304 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/02/2023 09/02/23 For Sale $995,000 0.0% $432 / Sq Ft
07/25/2023 07/25/23 Pending -- -- --
06/26/2023 06/26/23 Price Changed $995,000 0.0% $432 / Sq Ft
06/26/2023 06/26/23 For Sale $995,000 +42.1% $432 / Sq Ft
05/31/2023 05/31/23 Off Market $700,000 -- --
05/15/2023 05/15/23 Price Changed $1,350,000 -6.8% $586 / Sq Ft
05/03/2023 05/03/23 Price Changed $1,449,000 -3.3% $629 / Sq Ft
03/29/2023 03/29/23 For Sale $1,499,000 +149.8% $651 / Sq Ft
12/18/2015 12/18/15 Sold $600,000 0.0% $260 / Sq Ft View Prior Sale
12/14/2015 12/14/15 Pending -- -- --
11/19/2015 11/19/15 For Sale $600,000 -- $260 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323018754

Bay Area Real Estate Information Services (BAREIS)

APN: 134-290-005