NOT LISTED FOR SALE

280 Arlen Dr Rohnert Park, CA 94928

Estimated Value: $1,183,000 - $1,288,000

8 Beds
14 Baths
3,621 Sq Ft
$346/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $1,250,000 $345 Per Sq Ft

Current estimated payment $8,536/month

9 Days on Market

Highlights

  • Meadow
  • Park or Greenbelt View
  • Landscaped
  • Traditional Architecture
  • Guest Parking
  • Central Heating

About This Home

As of March 2022

Highly desirable 4-Unit building with stable long term tenants and good monthly income. All gas forced air heating units have been updated. All inspections completed (clear section 1, home & roof inspections available). Units offer excellent upside through interior improvements plan which would result in stronger rents. All units have newer natural gas forced air heating systems and there is a common laundry space for each buildings occupants that is serviced via on-going lease that generates another approximately $1200/year as income. Property is within the Rohnert Parkside community HOA consisting of a total of 12 fourplexes. Monthly fee covers costs for landscape service & tree maintenance, garbage, parking area, common area insurance & management.

Last Agent to Sell the Property

Jeffrey Schween

Compass License #01098851 Listed on: 02/01/2022

Compass

Co-Listed By

Tracey Schween

Inactive Office License #01705783

Last Buyer's Agent

Non-Member 999999

Non-member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,994

Year Built

  • Built in 1971

Lot Details

  • 9,557 Sq Ft Lot
  • Landscaped
  • Meadow

HOA Fees

  • $700 Monthly HOA Fees

Home Design

  • Quadruplex
  • Traditional Architecture
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 8 Bedrooms
  • 3,621 Sq Ft Home
  • 2-Story Property
  • Park or Greenbelt Views
  • Carbon Monoxide Detectors
  • Leased Washer and Dryer

Kitchen

  • Free-Standing Gas Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Parking

  • 4 Open Parking Spaces
  • 8 Parking Spaces
  • 4 Carport Spaces
  • Guest Parking

Utilities

  • Evaporated cooling system
  • Central Heating
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Individual Gas Meter
  • Separate Water Meter
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 143-061-039-000

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, management, trash
  • 4 Units
  • Rohnert Parkside HOA, Phone Number (707) 588-8698
  • Rohnert Parkside Apt Subdivision
  • Planned Unit Development

Additional Features

  • Laundry Facilities
  • Gross Income $86,078

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,994

Year Built

Built in 1971

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments, Planned Unit Develop
  • Directions To Property: Rohnert Park Expressway to South on Commerce Blvd to East on Arlen Drive...complex is next to Park and School
  • Lot Size Acres: 0.2194
  • Stories: 2
  • CapRate: 4.45
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Traditional
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Free Standing Gas Range
  • Flooring: Carpet, Linoleum
  • Price Per Square Foot: 345.21
  • Square Footage: 3621.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete
  • Lot Features: Landscape Front, Meadow West
  • Roof: Composition
  • View: Park

Garage/Parking

  • Parking Features: Carport, Guest Parking Available, Uncovered
  • Total Parking Spaces: 8.00
  • Carport Spaces: 4.00
  • OpenParkingSpaces: 4.00

Utilities

  • Cooling: Evaporative Cooler
  • Security Features: Carbon Mon Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Internet Available, Natural Gas Connected
  • Water Source: Public
  • Heating: Central, Natural Gas
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Leased
  • Separate Meters: Common Area Meter, Electricity, Gas, Water

Association/Amenities

  • Association Features: None

Condo/Co-op/Association

  • Association Fee: 700
  • Association Fee Frequency: Monthly
  • Association Name: Rohnert Parkside HOA
  • Association Phone: (707) 588-8698

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Management, Trash

Lot Info

  • Assessor Parcel Number: 143-061-039-000
  • Lot Size Sq Ft: 9557.00

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1971

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1720-1790
  • Number Of2 Bedrooms Occupied: 4
  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2022
Closed on
Feb 28, 2022
Sold by
Brandt Darin M and Brandt Kelly M
Bought by
Rangel Victor Mora and Torres Enriqueta Garcia
Seller's Agent
Jeffrey Schween
Compass
Buyer's Agent
Non-Member 999999
Non-member Office
List Price
$1,150,000
Sold Price
$1,250,000
Premium/Discount to List
$100,000
8.7%
Current Estimated Value
$1,252,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,062
Avg. Annual Appreciation
0.05%

Purchase Details

Listed on
Aug 12, 2015
Closed on
Sep 4, 2015
Sold by
Hobbs Anthony
Bought by
Brandt Darin and Brandt Kelly M
Seller's Agent
Charles Himes
Vanguard Properties
Buyer's Agent
Jeffrey Schween
Compass
List Price
$710,000
Sold Price
$710,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$532,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2012
Sold by
Hobbs Kristi
Bought by
Hobbs Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2012
Closed on
Jun 22, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
Hobbs Anthony and Hobbs Kristi
Seller's Agent
David Rendino
RE/MAX Marketplace
Buyer's Agent
Charles Himes
Vanguard Properties
List Price
$395,000
Sold Price
$395,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$237,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2012
Sold by
Pizzuti Annmarie
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Sep 22, 2004
Sold by
Eagle Brian H and Eagle Debra Geneva
Bought by
Pizzuti Annmarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 1997
Sold by
Long Warren E and Long Beverly Y
Bought by
Eagle Brian H and Eagle Debra Geneva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.63%
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Rangel Victor Mora $1,250,000 Fidelity National Title
Brandt Darin $710,000 Stewart Title Of Ca Inc
Hobbs Anthony -- Chicago Title Company
Hobbs Anthony $395,000 None Available
Hsbc Bank Usa National Association $468,000 Landsafe Title
Pizzuti Annmarie $740,000 Fidelity Natl Title Co
Eagle Brian H $310,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brandt Darin $532,500
Previous Owner Hobbs Anthony $240,000
Previous Owner Hobbs Anthony $237,000
Previous Owner Pizzuti Annmarie $518,000
Previous Owner Eagle Brian H $248,000
Closed Eagle Brian H $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/10/2022 03/10/22 Sold $1,250,000 +8.7% $345 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $1,150,000 +62.0% $318 / Sq Ft
09/22/2015 09/22/15 Sold $710,000 0.0% $196 / Sq Ft View Prior Sale
09/21/2015 09/21/15 Pending -- -- --
08/12/2015 08/12/15 For Sale $710,000 +79.7% $196 / Sq Ft
06/29/2012 06/29/12 Sold $395,000 0.0% $109 / Sq Ft View Prior Sale
06/22/2012 06/22/12 Pending -- -- --
05/05/2012 05/05/12 For Sale $395,000 -- $109 / 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 $14,994 $1,326,510 $530,604 $795,906
2024 $14,994 $1,300,500 $520,200 $780,300
2023 $14,994 $1,275,000 $510,000 $765,000
2022 $9,400 $792,013 $316,804 $475,209
2021 $9,323 $776,485 $310,593 $465,892
2020 $9,459 $768,524 $307,409 $461,115
2019 $9,336 $753,456 $301,382 $452,074
2018 $9,155 $738,683 $295,473 $443,210
2017 $8,999 $724,200 $289,680 $434,520
2016 $8,636 $710,000 $284,000 $426,000
2015 $5,059 $412,813 $165,125 $247,688
2014 $5,023 $404,728 $161,891 $242,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322006052

Bay Area Real Estate Information Services (BAREIS)

APN: 143-061-039