NOT LISTED FOR SALE

300 Cherry Ave Auburn, CA 95603

Estimated Value: $685,978 - $701,000

4 Beds
2 Baths
2,332 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $620,000 $266 Per Sq Ft

About This Home

Here is a great opportunity located in the heart of downtown Auburn, bustling with history, great shops, galleries, and restaurants. In a bit cooler climate, this property and location are highly desirable. This triplex has one 2 bd/2 bath, and two 1 bd/1 bath units that produces $3,650 monthly income. Currently rented under market value with long term tenants in all units, 6.5% CAP rate. Owner financing preferred with $250,000 down. Interiors are updated. With some exterior cosmetic updating and landscaping this investment has unlimited POTENTIAL!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2021
Closed on
Oct 11, 2021
Sold by
Nolivo Girolamo and Nolivo Sarah L
Bought by
Langner Karla M
Seller's Agent
April Noessel
Allison James Estates & Homes
Buyer's Agent
Christopher Nagel
HomeTown Realtors
List Price
$649,000
Sold Price
$620,000
Premium/Discount to List
-$29,000
-4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.67%
Original Mortgage
$370,000
Outstanding Balance
$337,405
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$356,588

Purchase Details

Closed on
Nov 25, 2014
Sold by
Sanders Nolivo Girolamo and Sanders Nolivo Sarah
Bought by
The Girolamo Nolivo & Sarah Sanders Noli

Purchase Details

Closed on
May 18, 2009
Sold by
Rodriguez Mark G and Rodriguez Janice C
Bought by
Nolivo Girolamo and Sanders Nolivo Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 27, 2005
Sold by
Rodriguez Mark G and Rodriguez Janice C
Bought by
Rodriguez Mark G and Rodriguez Janice C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Langner Karla M $620,000 Stewart Title Of Placer
The Girolamo Nolivo & Sarah Sanders Noli -- None Available
Nolivo Girolamo $257,000 Placer Title Company
Rodriguez Mark G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Langner Karla M $370,000
Previous Owner Nolivo Girolamo $252,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2021 10/13/21 Sold $620,000 0.0% -- View Prior Sale
09/26/2021 09/26/21 Off Market $620,000 -- --
09/15/2021 09/15/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $649,000 -- --

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 $7,675 $616,000 $124,200 $491,800
2023 $7,675 $600,780 $121,100 $479,680
2022 $8,132 $620,000 $125,000 $495,000
2021 $4,702 $305,740 $71,376 $234,364
2020 $4,680 $302,606 $70,645 $231,961
2019 $4,620 $296,673 $69,260 $227,413
2018 $4,448 $290,856 $67,902 $222,954
2017 $4,337 $285,154 $66,571 $218,583
2016 $4,222 $279,564 $65,266 $214,298
2015 $4,101 $275,366 $64,286 $211,080
2014 $4,007 $269,973 $63,027 $206,946
Source: Public Records

Agents Affiliated with this Home

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