NOT LISTED FOR SALE
19 Beds
-- Bath
1,106 Sq Ft
0.32 Acres

Last Sold September 03, 2014

Last sale price $2,050,000 $1,854 Per Sq Ft

11 Days on Market

Highlights

  • 0.32 Acre Lot
  • Attached Garage
  • Laundry Facilities
  • Wood Flooring
  • Guest Parking
  • 4-minute walk to Rae Park

About This Home

As of September 2014

The apts. commands an ideal close-in loc. in the preferred east of Highway 101 area of Santa Rosa-- ideal for the investor who demands an excellent loc. with upside potential. The efficient units and grounds minimize maintenance and mgmt. issues. No over-crowding of units-most apts. are single occupancy. Two adjacent parcels contain 3 bedroom home plus 16 one bedroom apts.

Last Agent to Sell the Property

Thomas Kearney

Thomas Kearney Investments Inc License #00479915 Listed on: 07/10/2014

Last Buyer's Agent

Steven Level

Berkshire Hathaway License #01184232

Berkshire Hathaway

Property Details

Home Type

  • Multi-Family

Lot Details

  • 0.32

Home Design

  • 1,106 Sq Ft Home
  • Concrete Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Flooring

  • Wood
  • Carpet

Parking

  • Attached Garage
  • 4 Open Parking Spaces
  • 14 Carport Spaces
  • Guest Parking

Utilities

  • Individual Gas Meter
  • Gas Water Heater
  • Internet Available
  • Cable TV Available

Additional Features

  • Washer and Dryer
  • 0.32 Acre Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 009-253-014-000

Community Details

Overview

  • 4 Buildings
  • 17 Units

Additional Features

  • Laundry Facilities
  • Gross Income $196,680

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: From US 101 take Hwy 12 east to South E Street. Follow South E Street north to property.
  • Lot Size Acres: 0.3200
  • CapRate: 6.79
  • Signs: No
  • Year Built Details: Unknown
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Carpet, LVYN, Wood
  • Price Per Square Foot: 1853.53
  • Square Footage: 1106
  • NumberOfBuildings: 4

Exterior Features

  • Foundation: Concrete Perimeter, Slab
  • Lot Features: CITY
  • Roof: Composition, Shingle

Garage/Parking

  • Parking Features: Attached, Carport, Guest Parking Available
  • Carport Spaces: 14
  • Number Of Guest Spaces: 2
  • OpenParkingSpaces: 4

Utilities

  • Security Features: Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, City, Internet Available, All Electric, PGEE
  • Water Source: Public
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Owned
  • Separate Meters: Electricity, Gas

Association/Amenities

  • Unit: 17

Lot Info

  • Assessor Parcel Number: 009-253-014-000
  • Lot Size Sq Ft: 13939

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Multi Family

  • One Bedroom Annual Occupancy: 98
  • 1 Bedroom Rent Range: 675-800
  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: 1400-1800
  • Number Of1 Bedrooms Occupied: 15
  • Number of 1 Bedroom Units: 16
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 17

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2014 09/03/14 Sold $2,050,000 0.0% $1,854 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
07/10/2014 07/10/14 For Sale $2,050,000 -- $1,854 / 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 $14,801 $1,308,455 $222,339 $1,086,116
2024 $14,801 $1,283,400 $217,980 $1,065,420
2023 $14,801 $1,258,817 $213,706 $1,045,111
2022 $13,681 $1,234,517 $209,516 $1,025,001
2021 $13,612 $1,218,919 $205,408 $1,013,511
2020 $13,582 $1,206,544 $203,302 $1,003,242
2019 $13,515 $1,183,122 $199,316 $983,806
2018 $13,444 $1,160,159 $195,408 $964,751
2017 $13,207 $1,137,647 $191,577 $946,070
2016 $13,135 $1,115,576 $187,821 $927,755
2015 $12,742 $1,099,000 $185,000 $914,000
2014 $7,521 $673,644 $263,062 $410,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21416025

Bay Area Real Estate Information Services (BAREIS)

APN: 009-253-036