NOT LISTED FOR SALE

296 Apple Ave Greenfield, CA 93927

Estimated Value: $586,000 - $1,746,787

7 Beds
3 Baths
2,243 Sq Ft
$637/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $1,500,000 $669 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,672/month

399 Days on Market

About This Home

As of July 2021

Investors dream!! This 4.5 flat usable acreage is currently zoned multifamily residential,This one of a kind unique property is in the "hub" of growing city of Greenfield. Conveniently located in across street from "Commercial specific plan" zoning. There is currently a new park, Starbucks, Carls Jr, gas station, and much more underway! There is currently multiple units on property producing income.

Last Agent to Sell the Property

Deanna Pond

Coast & Country Real Estate Group Inc License #01743835 Listed on: 12/17/2019

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Multi-Family

Year Built

  • 1940

Lot Details

  • 4.55 Acre Lot

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,243 Sq Ft Home
  • 1-Story Property

Parking

  • 8 Parking Spaces
  • 1 Carport Space
  • On-Street Parking

Utilities

  • Wall Furnace
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $30,000

Community Details

Overview

  • 2,243 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $400
  • Maintenance Expense $200
  • Utility Expense $100
  • Operating Expense $700
  • Gross Income $28,500

Property Details

Home Type

Multi-Family

Year Built

1940

Lot Details

4.55 Acres

Listing Details

  • Zoning: R2
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2243
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1940

Interior Features

  • Living Sq Ft: 2243
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 8
  • Garage Parking Features: Carport, On Street
  • Carport Min: 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Septic Tank / Pump

Lot Info

  • Lot Acres: 4.5500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 198198.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 198198.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 59.97
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 400
  • Expense Maintenance: 200
  • Expenses Total: 700
  • Expenses Utility: 100
  • Income Annual Gross: 28500.00
  • Income Annual Rental: 30000
  • Income Gross Scheduled: 30000
  • Meters: Master Electric, Master Gas
  • Number Of Buildings: 2
  • Vacancy Factor: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2019
Closed on
Jun 11, 2021
Sold by
Martinez Maria M
Bought by
Martinez Daniel M
Seller's Agent
Deanna Pond
Coast & Country Real Estate Group Inc
Buyer's Agent
RECIP
Out of Area Office
List Price
$1,799,000
Sold Price
$1,500,000
Premium/Discount to List
-$299,000
-16.62%
Current Estimated Value
$1,427,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,303
Avg. Annual Appreciation
-1.07%
Original Mortgage
$1,515,500
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2021
Sold by
Brothers Unity Inc
Bought by
Peoples Self Help Housing Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,515,500
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 21, 2021
Sold by
Zavala Abraham
Bought by
Martinez Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,515,500
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2011
Sold by
Martinez Roque R and Martinez Maria
Bought by
Brothers Unity Inc

Purchase Details

Closed on
Oct 9, 2009
Sold by
Martinez Roque R and Martinez Maria
Bought by
Brothers Unity Inc
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
Martinez Daniel M -- First American Title Company
Peoples Self Help Housing Corporation $1,500,000 First American Title Company
Martinez Laura M -- First American Title Company
Martinez Oscar M -- First American Title Company
Martinez Alejandro M -- First American Title Company
Brothers Unity Inc -- None Available
Brothers Unity Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peoples Self Help Housing Corporation $1,515,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2021 07/09/21 Sold $1,500,000 -16.6% $669 / Sq Ft
01/20/2021 01/20/21 Pending -- -- --
12/16/2020 12/16/20 For Sale $1,799,000 +19.9% $802 / Sq Ft
12/16/2020 12/16/20 Off Market $1,500,000 -- --
12/17/2019 12/17/19 For Sale $1,799,000 -- $802 / 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 $16,063 $1,407,161 $1,407,161 --
2024 $16,063 $1,379,570 $1,379,570 --
2023 $16,772 $1,352,520 $1,352,520 $0
2022 $16,148 $1,326,000 $1,326,000 --
2021 $2,231 $169,786 $97,249 $72,537
2020 $2,317 $168,046 $96,252 $71,794
2019 $2,264 $164,752 $94,365 $70,387
2018 $2,208 $161,522 $92,515 $69,007
2017 $2,070 $158,355 $90,701 $67,654
2016 $2,095 $155,251 $88,923 $66,328
2015 $1,902 $152,920 $87,588 $65,332
2014 $1,864 $149,926 $85,873 $64,053
Source: Public Records

Agents Affiliated with this Home

  • Deanna Pond

    Seller's Agent in 2021

    Deanna Pond

    Coast & Country Real Estate Group Inc

    (831) 915-8311

    14 in this area

    52 Total Sales

    Deanna Pond
    Section Image

  • R

    Buyer's Agent in 2021

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81777486

MLSListings

APN: 109-082-013-000

California Monterey County Greenfield 93927

296 Apple Ave, Greenfield, CA

Not Listed for Sale

MultiFamily

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