NOT LISTED FOR SALE

503 Coffield Ave Napa, CA 94558

Pueblo Park Neighborhood

Estimated Value: $1,690,000 - $2,200,000

9 Beds
26 Baths
3,840 Sq Ft
$517/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $1,625,000 $423 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $12,201/month

57 Days on Market

Highlights

  • 0.42 Acre Lot
  • Fireplace
  • Laundry Facilities
  • Ranch Style House
  • Central Heating and Cooling System

About This Home

As of May 2020

Looking for a fully remodeled, full-occupancy, ready to roll investment property in Napa? Here it is, with easy on/off freeway access, nearby shopping, spas, wineries and an amenity list to be proud of. These 4 Units have been completely remodeled and include separate yards, lawns and outdoor amenities. Inside each unit are all new stainless-steel appliances (refrigerators, gas ranges, dishwashers, sinks, faucets), new granite countertops, wood cabinets, dual pane windows, doors/sliders, stone fascia fireplace, recessed lighting, laminate wood flooring, tile in bathrooms (floors and walls) tubs/showers, vanities, lights and toilets. Outside is all-new landscaping, irrigation, grass, rocks and new fencing. New HVAC, interior/exterior paint, the laundry room has 4 new washers/dryers, WiFi and cameras for added security. This is a plug and play investment! Current gross rental income is $119,400/year.

Last Agent to Sell the Property

David Samson

Vintage Sotheby's Internationa License #01915989 Listed on: 02/17/2020

Vintage Sotheby's Internationa

Co-Listed By

Nickolas Simone

Vintage Sotheby's Internationa License #01459623

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.42

Parking

  • Carport

Home Design

  • Quadruplex
  • Ranch Style House
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 9 Bedrooms
  • 3,840 Sq Ft Home
  • Fireplace
  • Dishwasher

Additional Features

  • 0.42 Acre Lot
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • Laundry Facilities
  • Gross Income $119,400

Listing and Financial Details

  • Assessor Parcel Number 042-282-005-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions To Property: Solano Ave to Coffield Ave
  • Lot Size Acres: 0.4200
  • CapRate: 5.20
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Ranch
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Free Standing Refrigerator, OVFR
  • Price Per Square Foot: 423.18
  • Square Footage: 3840
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Slab
  • Roof: Composition

Garage/Parking

  • Parking Features: Carport, CR11

Utilities

  • Cooling: Central, AIRC
  • Sewer: Public Sewer
  • Utilities: PGEE
  • Water Source: Public
  • Heating: Central, Fireplace(s)
  • Laundry Features: In Common Area

Lot Info

  • Assessor Parcel Number: 042-282-005-000
  • Lot Size Sq Ft: 18295

Building Info

  • Year Built: 1979

Multi Family

  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
May 11, 2020
Sold by
Rippey Theodore and Rippey Jessica
Bought by
Ciarabellini Ww Franco and Ciarabellini Nicole M
Seller's Agent
David Samson
Vintage Sotheby's Internationa
List Price
$1,625,000
Sold Price
$1,625,000
Current Estimated Value
$1,984,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,352
Avg. Annual Appreciation
3.61%
Original Mortgage
$981,700
Outstanding Balance
$869,922
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$1,114,430

Purchase Details

Closed on
Apr 3, 2019
Sold by
Nevets Llc
Bought by
Rippey Theodore and Rippey Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,250
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 10, 2014
Sold by
Abramowicz Steven M and Abramowicz Exempt Family Trust
Bought by
Nevets Llc

Purchase Details

Closed on
Oct 6, 2014
Sold by
Miller Gary J and The Claude J & Blanche I Mille
Bought by
Miller Gary J and The Claude J Miller Irrevocabl

Purchase Details

Closed on
Oct 1, 2014
Sold by
Miller Gary J and Claude J Miller Irrevocable Tr
Bought by
Abramowicz Steven M and The Abramowicz Exempt Family T

Purchase Details

Closed on
May 23, 2014
Sold by
Abramowicz Steven M and Abramowicz Exempt Family Trust
Bought by
Nevets Llc

Purchase Details

Closed on
Sep 8, 2013
Sold by
Meyers Samuel S and Abramowicz Family Revocable 19
Bought by
Abramowicz Steven M and Abramowicz Exempt Family Trust
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
Ciarabellini Ww Franco $1,625,000 Old Republic Title Company
Rippey Theodore $1,075,000 Placer Title Company
Nevets Llc -- None Available
Miller Gary J -- None Available
Abramowicz Steven M $432,000 First American Title Company
Nevets Llc -- None Available
Abramowicz Steven M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ciarabellini Ww Franco $981,700
Previous Owner Rippey Theodore $806,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2020 05/15/20 Sold $1,625,000 0.0% $423 / Sq Ft
04/14/2020 04/14/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $1,625,000 -- $423 / 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 $21,891 $1,777,172 $382,774 $1,394,398
2024 $21,891 $1,742,326 $375,269 $1,367,057
2023 $21,891 $1,708,163 $367,911 $1,340,252
2022 $21,493 $1,674,671 $360,698 $1,313,973
2021 $21,327 $1,641,835 $353,626 $1,288,209
2020 $15,361 $1,096,500 $408,000 $688,500
2019 $9,016 $541,824 $212,616 $329,208
2018 $8,822 $531,201 $208,448 $322,753
2017 $8,570 $520,786 $204,361 $316,425
2016 $8,232 $510,575 $200,354 $310,221
2015 $7,598 $502,907 $197,345 $305,562
2014 $5,835 $346,091 $94,295 $251,796
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Samson

    Vintage Sotheby's Internationa

    Section Image

  • N

    Seller Co-Listing Agent in 2020

    Nickolas Simone

    Vintage Sotheby's Internationa

    (707) 200-1313

    1 in this area

    17 Total Sales

    Nickolas Simone
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22002619

Bay Area Real Estate Information Services (BAREIS)

APN: 042-282-005

California Napa County Napa 94558 Pueblo Park

503 Coffield Ave, Napa, CA

Not Listed for Sale

MultiFamily

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