NOT LISTED FOR SALE

2927 Salem Ave Davis, CA 95616

West Davis Neighborhood

Estimated Value: $1,225,034 - $1,289,000

6 Beds
6 Baths
3,180 Sq Ft
$396/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,250,000 $393 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,144/month

212 Days on Market

Highlights

  • 0.39 Acre Lot
  • Tennis Courts
  • Landscaped
  • Patwin Elementary School Rated A
  • Fenced Yard
  • 1-minute walk to West Manor Park

About This Home

As of June 2024

Great West Davis Investment property. 2927-2931 Salem Drive triplex is being sold in As is condition. All units are rented to 8/31/24. Excellent location. Close to parks,schools,stongate Country club,shopping. Easy access to freeway! Seller is also putting 4903 Cowell& 4913 Cowell Davis, CA on the market for sale.

Last Agent to Sell the Property

Eugene Chang

College Town Realty License #01784018 Listed on: 11/14/2023

Co-Listed By

Ching Chang

Ching Yin Chang, Broker License #00694534

Last Buyer's Agent

Eugene Chang

College Town Realty License #01784018 Listed on: 11/14/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,979

Year Built

  • Built in 1973

Lot Details

  • 0.39 Acre Lot
  • Fenced Yard
  • Landscaped

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Triplex
  • Concrete Foundation
  • Slab Foundation
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,180 Sq Ft Home
  • 1-Story Property
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Linoleum
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Private Sewer

Listing and Financial Details

  • Assessor Parcel Number 036-212-001-000

Community Details

Overview

  • 3 Buildings
  • 3 Units
  • Stonegate Master Association, Phone Number (530) 756-2285
  • Mandatory home owners association

Recreation

  • Tennis Courts

Building Details

  • 3 Leased Units
  • Net Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,979

Year Built

Built in 1973

Lot Details

0

HOA Fees

$210 per month

Parking

3

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Triplex
  • Year Built: 1973
  • Stories: 1
  • Number of Two Bedroom Units: 3
  • ResoPropertyType: ResidentialIncome
  • Number Of2 Bedrooms Occupied: 3
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher
  • Flooring: Carpet, Vinyl, Linoleum
  • Basement: None
  • Price Per Square Foot: 393.08
  • Square Footage: 3180.00
  • Window Features: Caulked/Sealed

Exterior Features

  • Construction Materials: Concrete
  • Disclosures/Documents: Other
  • Exterior Features: Fenced Yard, Yard Space
  • Foundation: Slab, Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1450000.00
  • Lot Features: Sidewalk, Landscape Back, Landscape Front
  • New Construction: No
  • Pool: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking Features: Street, Garage, Garage Door Opener

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Private Sewer
  • Utilities: City
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Club House, Tennis Courts, Other
  • Association Fee: 630
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Other
  • Association Name: Stonegate Master Association
  • Association Phone: (530) 756-2285
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • Mandatory Association: Yes

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: R2
  • Irrigation: Public District
  • Lot Size Acres: 0.3949
  • Lot Size Sq Ft: 17202.00
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Income Includes: ["Rent Only"]
  • Total Number Leasable: 3
  • Number of Leased Units: 3
  • Number of Units: 3
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1700-2000

Tax Info

  • Assessor Parcel Number: 036-212-001-000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Jun 24, 2024
Sold by
Chen Family Trust and Chen Fon
Bought by
2927 Salem Street Llc
Seller's Agent
Eugene Chang
College Town Realty
Buyer's Agent
Eugene Chang
College Town Realty
List Price
$1,450,000
Sold Price
$1,250,000
Premium/Discount to List
-$200,000
-13.79%
Views
195
Current Estimated Value
$1,260,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,011
Avg. Annual Appreciation
-0.48%
Original Mortgage
$1,150,000
Outstanding Balance
$1,137,356
Interest Rate
7.02%
Mortgage Type
Seller Take Back
Estimated Equity
$105,610

Purchase Details

Closed on
Jan 2, 2003
Sold by
Chen Yung Chi and Chen Zo Chu
Bought by
Chen Yung Chi and Chen Zo Chu

Purchase Details

Closed on
Sep 22, 2000
Sold by
Lin Susan and Lin Thomas
Bought by
Chen Yung Chi and Chen Zo Chu Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Interest Rate
7.98%
Mortgage Type
Stand Alone First
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
2927 Salem Street Llc $1,250,000 Placer Title
Chen Yung Chi -- --
Chen Yung Chi $390,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2927 Salem Street Llc $1,150,000
Previous Owner Chen Yung Chi $150,000
Previous Owner Chen Yung Chi $341,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $1,250,000 -13.8% $393 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/01/2024 06/01/24 For Sale $1,450,000 +16.0% $456 / Sq Ft
06/01/2024 06/01/24 Off Market $1,250,000 -- --
11/14/2023 11/14/23 For Sale $1,450,000 -- $456 / 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 $12,979 $1,275,000 $408,000 $867,000
2024 $12,979 $576,128 $177,264 $398,864
2023 $7,968 $564,833 $173,789 $391,044
2022 $7,807 $553,759 $170,382 $383,377
2021 $7,624 $542,902 $167,042 $375,860
2020 $7,499 $537,337 $165,330 $372,007
2019 $7,171 $526,802 $162,089 $364,713
2018 $6,692 $516,473 $158,911 $357,562
2017 $6,553 $506,347 $155,796 $350,551
2016 $6,493 $496,420 $152,742 $343,678
2015 $6,273 $488,964 $150,448 $338,516
2014 $6,273 $479,386 $147,501 $331,885
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Eugene Chang

    College Town Realty

    (530) 867-2224

    1 in this area

    10 Total Sales

    Eugene Chang
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Ching Chang

    Ching Yin Chang, Broker

    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 223106704

MetroList

APN: 036-212-001-000

California Yolo County Davis 95616 West Davis

2927 Salem Ave, Davis, CA

This home is located at 2927 Salem Ave, Davis, CA 95616 since 14 November 2023 and is currently estimated at $1,260,011, approximately $396 per square foot. This property was built in 1973. 2927 Salem Ave is a home located in Yolo County with nearby schools including Patwin Elementary School, Ralph Waldo Emerson Junior High School, and Davis Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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