NOT LISTED FOR SALE

Estimated Value: $163,572 - $588,000

4 Beds
4 Baths
2,400 Sq Ft
$119/Sq Ft Est. Value

Last Sold August 07, 2013

Last sale price $205,000 $85 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,656/month

187 Days on Market

Highlights

  • A-Frame Home
  • River City High Rated A-
  • No HOA

About This Home

As of August 2013

Two parcels sold together, each parcel has one, two story structure and each structure contains one bedroom, one bath units. 506 has 6 units that need a complete rehab. 508 has 4 units. Both structures contain one bedroom and one bath. The size of each unit will vary, depending on the upsatairs or downstairs configureation. 506 has o rentable units, All units in 508 are rentable with two currently rented. 6/20/13

Last Agent to Sell the Property

Perry Palamidessi

Coldwell Banker Realty License #01298980 Listed on: 01/03/2013

Coldwell Banker Realty

Last Buyer's Agent

Tony Singh

Ares Realty License #01901843

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,685

Year Built

  • Built in 1928

Lot Details

  • 3,964 Sq Ft Lot

Parking

  • 1 Car Garage

Home Design

  • A-Frame Home
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Fire and Smoke Detector

Utilities

  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 010-491-013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings

Building Details

  • 7 Leased Units
  • 1 Vacant Unit
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,685

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: 5 or More Units
  • Year Built: 1928
  • Architectural Style: A-Frame
  • Stories: 2
  • Number of One Bedroom Units: 10
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven,Free Standing Gas Range,Free Standing Refrigerator,Varies By Unit
  • Other Equipment: Varies by Unit
  • Flooring: Carpet,Wood,Varies by Unit,Linoleum/Vinyl
  • Window Features: Dual Pane Partial,Window Coverings

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Assessments,Natural Hazard Disclosure Available,Rental/Lease Agmts,Structural Pest Control Report
  • Listing Price: 255500.00
  • Patio And Porch Features: Uncovered Deck,Uncovered Patio
  • Property Condition: Fixer
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Garage,Varies by Unit

Utilities

  • Security: Smoke Detector
  • Utilities: Cable Available
  • Cooling: Ceiling Fan(s),None
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Extra Storage,Owner's Unit,Patios/Balcony,Public Trans Nearby,Yard Space,Varies By Unit
  • Association: No

Schools

  • Senior High School District: Washington Unified

Lot Info

  • Zoning Description: R3
  • Lot Size Acres: 0.0910
  • Lot Dimensions: 40x100
  • Lot Size Sq Ft: 3964

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 8

Multi Family

  • Gross Income: 47109
  • Income Includes: Rent Only
  • Number of Leased Units: 7
  • Number of Month to Month Units: 4
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 010-491-013

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2023
Sold by
Zokaie Family Trust
Bought by
Zocon Llc
Current Estimated Value
$285,643

Purchase Details

Closed on
Feb 6, 2020
Sold by
Howard Keenan
Bought by
Zokaie Toorak and Zokaie Marjaneh

Purchase Details

Closed on
Feb 5, 2019
Sold by
Northern California Mortgage Fund Xii Ll
Bought by
Howard Keenan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 18, 2018
Sold by
Grove Ave Apartments Llc
Bought by
Northern California Mortgage Fund Xii Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 27, 2016
Sold by
Northrn California Mortgage Fund Viii
Bought by
Grove Ave Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,924
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 10, 2016
Sold by
Firm Geraci Law
Bought by
Northern California Mortgage Fund Vill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,924
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2016
Sold by
Firm Geraci Law
Bought by
Northern California Mortgage Fund Vill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,924
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 3, 2013
Closed on
Aug 5, 2013
Sold by
Dorris John David and Edmonds Harold
Bought by
Maharaj Dushyant
Seller's Agent
Perry Palamidessi
Coldwell Banker Realty
Buyer's Agent
Tony Singh
Ares Realty
List Price
$299,500
Sold Price
$205,000
Premium/Discount to List
-$94,500
-31.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.24%

Purchase Details

Closed on
Jun 7, 1996
Sold by
Edmonds Norma
Bought by
Edmonds Arthur Harold and Edmonds Norma Adrian
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
Zocon Llc -- None Listed On Document
Zokaie Toorak $125,000 Placer Title Company
Howard Keenan $410,000 Placer Title Company
Northern California Mortgage Fund Xii Ll $125,000 Fidelity National Title
Grove Ave Apartments Llc -- Orange Coast Title Co Of Nor
Northern California Mortgage Fund Vill L -- None Available
Northern California Mortgage Fund Vill L -- None Available
Maharaj Dushyant $205,000 First American Title Company
Dorris Richard Ernest -- First American Title Company
Edmonds Arthur Harold -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Howard Keenan $385,000
Previous Owner Howard Keenan $287,000
Previous Owner Grove Ave Apartments Llc $121,924
Previous Owner Grove Ave Apartments Llc $1,800,000
Previous Owner Grove Ave Apartments Llc $100,000
Previous Owner Epona Investment Group Llc $1,206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2013 08/07/13 Sold $205,000 -31.6% $85 / Sq Ft
07/09/2013 07/09/13 Pending -- -- --
01/03/2013 01/03/13 For Sale $299,500 -- $125 / Sq Ft
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 $1,685 $136,703 $136,703 --
2023 $1,685 $131,396 $131,396 $0
2022 $1,543 $128,820 $128,820 $0
2021 $1,529 $126,295 $126,295 $0
2020 $1,203 $102,000 $102,000 $0
2019 $1,176 $100,000 $100,000 $0
2018 $3,606 $248,009 $42,250 $205,759
2017 $4,259 $243,147 $41,422 $201,725
2016 $3,543 $243,143 $41,421 $201,722
2015 $3,510 $239,491 $40,799 $198,692
2014 $1,187 $102,500 $42,500 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 13000391

MetroList

APN: 010-491-014-000