NOT LISTED FOR SALE

300 Cherry Ave Auburn, CA 95603

Estimated Value: $578,000 - $723,016

4 Beds
3 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold October 13, 2021

Last sale price $620,000

Est. 4% increase in value since last sale

Current estimated payment $4,201/month

174 Days on Market

About This Home

As of October 2021

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!

Last Agent to Sell the Property

April Noessel

Allison James Estates & Homes License #02077149 Listed on: 03/25/2021

Allison James Estates & Homes

Last Buyer's Agent

Christopher Nagel

HomeTown Realtors License #02084465

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $7,675

Year Built

  • 1930

Lot Details

  • 5,663

Property Details

Home Type

Apartment

Est. Annual Taxes

$7,675

Year Built

1930

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: Triplex
  • Architectural Style: Victorian
  • CapRate: 6.50
  • Directions: Get off of at 80 towards CA-49 south. Turn right onto High St. Turn left onto Cleveland Ave. Turn right onto Lincoln Way. Turn left onto Cherry Ave. 900ft. destination is on your right.
  • Building Stories: 2
  • Special Features: None
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Flooring: Other
  • Number Of Buildings: 1
  • Stories: 1

Exterior Features

  • Foundation Details: Raised
  • Construction Type: Wood, Wood Siding
  • Lot Features: Other

Garage/Parking

  • Parking Features: Uncovered
  • Total Parking Spaces: 5

Utilities

  • Cooling: Other
  • Heating: Other
  • Electric: 220 Volts
  • Laundry Features: Washer/Dryer Hookups
  • Security: Other
  • Sewer: Public Sewer
  • Utilities: City
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Placer Union High

Lot Info

  • Lot Size Sq Ft: 5663
  • Zoning Description: DPLEX

Tax Info

  • Bonds/Assessments/Taxes: Unknown

Multi Family

  • One Bedrooms Occupied: 2
  • Two Bedrooms Occupied: 1
  • 1 Bedroom Rent Range: 990-1200
  • Income Includes: Rent Only
  • Insurance Expense: 2000
  • Number Of Units Leased: 3
  • Number Of Units Total: 3

MLS Schools

  • School District (County): Placer

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%
Current Estimated Value
$643,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,004
Avg. Annual Appreciation
0.98%
Original Mortgage
$370,000
Outstanding Balance
$339,594
Interest Rate
2.8%
Mortgage Type
Commercial
Estimated Equity
$303,410

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:

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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 Change Sq Ft Price
10/13/2021 10/13/21 Sold $620,000 0.0% --
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 -- --
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 $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

  • A

    Seller's Agent in 2021

    April Noessel

    Allison James Estates & Homes

    Section Image

  • C

    Buyer's Agent in 2021

    Christopher Nagel

    HomeTown Realtors

    (916) 435-0404

    2 in this area

    2 Total Sales

    Christopher Nagel
    Section Image
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Map

Source: MetroList

MLS Number: 221025029

MetroList

APN: 002-161-010

California Placer County Auburn 95603

300 Cherry Ave, Auburn, CA

This home is located at 300 Cherry Ave, Auburn, CA 95603 since 25 March 2021 and is currently estimated at $643,004. This property was built in 1930. 300 Cherry Ave is a home located in Placer County with nearby schools including Skyridge Elementary School, Placer High School, and Alta Vista Community Charter.

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.

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