$1,175,000
SOLD MAY 13, 2021

4420 Culebra Ave Santa Rosa, CA 95409

9 Beds
20 Baths
3,992 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$294 Per Sq Ft

9 Days on Market

Highlights

  • City View
  • Fenced Yard
  • Skylights
  • Maria Carrillo High School Rated A
  • 4 Car Direct Access Garage
  • 2-minute walk to Riconanda Park

About This Home

As of February 2022

Excellent 4-plex investment opportunity in Rincon Valley - location, location, location! One building consisting of a single story 3bed/2bath, and three townhouse units, 2bed/1.5 bath each. All units have their own garage and outdoor patio. Property includes landlord-owned coin operated laundry facility and off street parking. Building is currently fully rented with one vacancy opening this summer. Oliver's Market and the Montecito Shopping Center is close by, along with a lovely park at the end of Culebra Ave. With award winning schools in the area, along with Spring Lake and Annadel parks, this is a location that speaks for itself. Interior photos taken in 2017.

Last Agent to Sell the Property

Jess Young

Golden Thread Real Estate License #01919401 Listed on: 05/01/2021

Last Buyer's Agent

Jess Young

Golden Thread Real Estate License #01919401 Listed on: 05/01/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,626

Year Built

  • Built in 1977

Lot Details

  • 6,970 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Sprinkler System

Parking

  • 4 Car Direct Access Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Concrete Foundation
  • Slab Foundation
  • Tar and Gravel Roof
  • Composition Roof

Interior Spaces

  • 3,992 Sq Ft Home
  • 2-Story Property
  • Skylights
  • City Views
  • Washer and Dryer

Kitchen

  • Free-Standing Electric Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Tile

Home Security

Utilities

  • No Cooling
  • Central Heating
  • Wall Furnace
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected
  • Individual Gas Meter
  • Electric Water Heater
  • High Speed Internet
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 182-310-020-000

Community Details

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • 4 Units
  • Laundry Facilities
  • Gross Income $83,100

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,626

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Interior Amenities: Skylight(s)
  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Townhouses
  • Directions To Property: Hwy 12 to Mission, go North on Mission, Right on Culebra.
  • Lot Size Acres: 0.1600
  • Stories: 2
  • CapRate: 5.00
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Free Standing Electric Oven, Free Standing Refrigerator
  • Accessibility Features: None
  • Flooring: Carpet, Linoleum, Tile
  • Price Per Square Foot: 294.34
  • Square Footage: 3992
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete, Slab
  • Lot Features: Auto Sprinkler F&R, Cul-De-Sac, Curb(s), Curbs/Gutters, Landscape Front, Sidewalk
  • Roof: Composition, Tar/Gravel
  • ExteriorFeatures: Fenced Yard, Yard Space
  • View: City

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener, Interior Access, Street
  • Total Parking Spaces: 9
  • Garage Spaces: 4

Utilities

  • Cooling: None
  • Electric: 220 Volts
  • Security Features: Carbon Mon Detector, Fire Alarm, Fire Extinguisher, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Connected, City, DSL Available, Internet Available, Natural Gas Connected
  • Water Source: Meter on Site, Public
  • Heating: Central, Natural Gas, Varies By Unit, Wall Furnace
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Owned
  • Separate Meters: Common Area Meter, Electricity, Gas

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 182-310-020-000
  • Lot Size Sq Ft: 6970

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1977

Multi Family

  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1325-1625
  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: 1450
  • Number Of2 Bedrooms Occupied: 3
  • Number of 2 Bedroom Units: 3
  • Number Of3 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2021
Closed on
Feb 16, 2022
Sold by
Kenneth Bailey
Bought by
K Allan Arntz Trust
Seller's Agent
Jess Young
Golden Thread Real Estate
Buyer's Agent
Aaron Kopelman
Sotheby's International Realty
List Price
$1,575,000
Sold Price
$1,525,000
Premium/Discount to List
-$50,000
-3.17%
Current Estimated Value
$1,452,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$72,288
Avg. Annual Appreciation
-1.39%

Purchase Details

Listed on
May 1, 2021
Closed on
May 11, 2021
Sold by
Hamilton Guy and Hamilton Bonnie
Bought by
Bailey Kenneth
Seller's Agent
Jess Young
Golden Thread Real Estate
Buyer's Agent
Jess Young
Golden Thread Real Estate
List Price
$1,175,000
Sold Price
$1,175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.30%

Purchase Details

Closed on
Mar 8, 2005
Sold by
Hamilton Guy
Bought by
Hamilton Guy and Guy Hamilton Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 10, 2003
Sold by
Hamilton Guy and Hamilton Denise
Bought by
Hamilton Guy

Purchase Details

Closed on
Oct 8, 1993
Sold by
Corman Patrick and Corman Monica
Bought by
Hamilton Guy and Hamilton Denise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.94%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,525,000 First American Title
Grant Deed $1,175,000 First American Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $317,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $179,352 Unknown
Previous Owner $430,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $357,000 Unknown
Previous Owner $130,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $1,525,000 -3.2% $382 / Sq Ft
02/17/2022 02/17/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $1,575,000 +34.0% $395 / Sq Ft
05/13/2021 05/13/21 Sold $1,175,000 0.0% $294 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $1,175,000 -- $294 / 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
2024 $18,626 $1,586,610 $468,180 $1,118,430
2023 $18,626 $1,222,470 $416,160 $806,310
2022 $13,564 $1,198,500 $408,000 $790,500
2021 $5,773 $499,287 $149,388 $349,899
2020 $5,753 $494,169 $147,857 $346,312
2019 $5,700 $484,480 $144,958 $339,522
2018 $5,666 $474,981 $142,116 $332,865
2017 $5,564 $465,669 $139,330 $326,339
2016 $5,506 $456,540 $136,599 $319,941
2015 $5,343 $449,684 $134,548 $315,136
2014 $5,152 $440,876 $131,913 $308,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321031555

Bay Area Real Estate Information Services (BAREIS)

APN: 182-310-020