NOT LISTED FOR SALE

Estimated Value: $935,000 - $1,123,000

6 Beds
6 Baths
-- Sq Ft
9,156 Sq Ft Lot

Last Sold June 22, 2017

Last sale price $810,000

Est. 30% increase in value since last sale

Current estimated payment $6,501/month

27 Days on Market

Highlights

  • Contemporary Architecture
  • Landscaped
  • Carpet
  • Fenced Yard
  • Laundry Facilities
  • Wall Furnace

About This Home

As of June 2017

A turnkey triplex with six off street parking spaces. Each unit has two bedrooms and one bathroom. Close to shopping and easy access to downtown. Long term, month-to-month tenants at below market rents. The owner has made extensive investments in upgrading and improving the property in the past few years. Buyer to participate in 1031 Tax Deferred Exchange.

Last Agent to Sell the Property

David Barker

Inactive Office License #01377613 Listed on: 05/06/2017

Inactive Office

Last Buyer's Agent

Kurt Bakken

Engel & Völkers Napa License #01378167

Engel & Völkers Napa

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,156 Sq Ft Lot
  • Fenced Yard
  • Landscaped

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Contemporary Architecture
  • Side-by-Side

Kitchen

  • Dishwasher
  • Disposal

Utilities

  • Wall Furnace
  • Individual Gas Meter
  • Gas Water Heater

Additional Features

  • Carpet
  • 6 Bedrooms

Community Details

  • 3 Units
  • Laundry Facilities
  • Gross Income $42,900

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 004-431-028-000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Triplex
  • Directions To Property: South on Freeway Drive, property on west side just south of Kilburn/Laurel intersection.
  • Lot Size Acres: 0.2102
  • CapRate: 4.20
  • Year Built Details: Unknown
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Contemporary
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Free Standing Refrigerator, Gas Water Heater
  • Flooring: Carpet
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Other
  • Lot Features: Landscape Front
  • Roof: Other
  • ExteriorFeatures: Fenced Yard

Garage/Parking

  • Parking Features: CAR7, Off Street, Side-by-Side

Utilities

  • Sewer: Public Sewer
  • Utilities: PGEE
  • Water Source: Public
  • Heating: Electric, Wall Furnace
  • Laundry Features: In Common Area
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 004-431-028-000
  • Lot Size Sq Ft: 9156

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Multi Family

  • NumberOfUnitsTotal: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2017
Closed on
Jul 5, 2017
Sold by
Kurt Orhan
Bought by
Hafize Kurt Orhan and Hafize Kurt
Seller's Agent
David Barker
Inactive Office
Buyer's Agent
Kurt Bakken
Engel & Völkers Napa
List Price
$810,000
Sold Price
$810,000
Current Estimated Value
$1,053,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,401
Avg. Annual Appreciation
3.13%
Original Mortgage
$607,500
Outstanding Balance
$504,517
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$548,884

Purchase Details

Listed on
May 6, 2017
Closed on
Jun 7, 2017
Sold by
Savory Terence F and Savory Joann E
Bought by
Kurt Orhan
Seller's Agent
David Barker
Inactive Office
Buyer's Agent
Kurt Bakken
Engel & Völkers Napa
List Price
$810,000
Sold Price
$810,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Outstanding Balance
$504,517
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$548,884

Purchase Details

Listed on
May 6, 2017
Closed on
May 15, 2017
Sold by
Kurt Hafize
Bought by
Kurt Orhan
Seller's Agent
David Barker
Inactive Office
Buyer's Agent
Kurt Bakken
Engel & Völkers Napa
List Price
$810,000
Sold Price
$810,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Outstanding Balance
$504,517
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$548,884

Purchase Details

Closed on
Jan 20, 2017
Sold by
Savory Terence F and Savory Joann E
Bought by
Savory Terence F and Savory Joann E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 1, 2006
Sold by
Savory Terence F and Savory Joann E
Bought by
Savory Terence F and Savory Joann E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,000
Interest Rate
1.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2003
Sold by
Savory Terence F and Savory Joanne E
Bought by
Savory Terence F and Savory Joanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.42%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 7, 2002
Sold by
Savory Terence F and Savory Joann E
Bought by
Savory Terence F and Savory Joann E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.06%

Purchase Details

Closed on
Aug 20, 2001
Sold by
Savory Terence F and Savory Joann E
Bought by
Savory Terence F and Savory Joann E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Hafize Kurt Orhan -- Old Republic Title Company
Kurt Orhan $810,000 Old Republic Title Company
Kurt Orhan -- Old Republic Title Company
Savory Terence F -- Old Republic Title Company
Savory Terence F -- Old Republic Title Company
Savory Terence F -- Old Republic Title Company
Savory Terence F -- Old Republic Title Company
Savory Terence F -- Fidelity National Title Co
Savory Terence F -- Fidelity National Title Co
Savory Terence F -- Napa Land Title Company
Savory Terence F -- Napa Land Title Company
Savory Terence F -- Napa Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kurt Orhan $607,500
Previous Owner Savory Terence F $340,000
Previous Owner Savory Terence F $302,000
Previous Owner Savory Terence F $210,000
Previous Owner Savory Terence F $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2017 06/22/17 Sold $810,000 0.0% --
06/02/2017 06/02/17 Pending -- -- --
05/06/2017 05/06/17 For Sale $810,000 -- --
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 $11,974 $940,068 $377,187 $562,881
2024 $11,974 $921,637 $369,792 $551,845
2023 $11,974 $903,567 $362,542 $541,025
2022 $11,461 $885,851 $355,434 $530,417
2021 $11,221 $868,482 $348,465 $520,017
2020 $11,055 $859,577 $344,892 $514,685
2019 $10,823 $842,724 $338,130 $504,594
2018 $10,670 $826,200 $331,500 $494,700
2017 $5,623 $386,961 $178,716 $208,245
2016 $5,453 $379,374 $175,212 $204,162
2015 $5,067 $373,677 $172,581 $201,096
2014 $4,985 $366,358 $169,201 $197,157
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21709849

Bay Area Real Estate Information Services (BAREIS)

APN: 004-431-028