NOT LISTED FOR SALE
6 Beds
-- Bath
5,200 Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: September 3, 2021

Last sale price $1,335,000 $257 Per Sq Ft

8 Days on Market

Highlights

  • 0.33 Acre Lot
  • 2 Car Garage
  • 4-minute walk to Depot Park
  • Santa Rosa High School Rated A-

About This Home

As of September 2021

Priced significantly below replacement cost, this 9-unit apartment complex provides an excellent repositioning or development opportunity in Sonoma County. Comprised of 6 one-bedroom units and 3 studios, this high upside asset is located in the northeast quadrant of Santa Rosa, just minutes away from Downtown. The property has three separate buildings, a fourplex, triplex and duplex all on one L-shaped lot. The lower level of the triplex currently has two garages, four large rooms and a bathroom that could potentially be converted into additional units (check with the City of Santa Rosa). The property also has significant development potential to build up to 42,000 square feet of usable building space on the lot. The new owner will be able to collect income from the existing units while going through the approval process.

Last Agent to Sell the Property

Steven Level

Berkshire Hathaway License #01184232 Listed on: 07/20/2021

Berkshire Hathaway

Co-Listed By

Pat Ripple

Berkshire Hathaway License #00417952

Last Buyer's Agent

Steven Level

Berkshire Hathaway License #01184232 Listed on: 07/20/2021

Berkshire Hathaway

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 14,160 Sq Ft Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Tar and Gravel Roof
  • Composition Roof

Interior Spaces

  • 5,200 Sq Ft Home
  • 2-Story Property

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 010-085-020-000

Community Details

Overview

  • 3 Buildings
  • 9 Units

Building Details

  • Gross Income $85,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0.33 Acres

Parking

2

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: 515 Davis St, Santa Rosa, CA
  • Lot Size Acres: 0.3251
  • Stories: 2
  • CapRate: 3.41
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Price Per Square Foot: 256.73
  • Square Footage: 5200
  • NumberOfBuildings: 3

Exterior Features

  • Lot Features: Sidewalk
  • Roof: Composition, Shingle, Tar/Gravel

Garage/Parking

  • Parking Features: Garage, Off Street
  • Total Parking Spaces: 16
  • Garage Spaces: 2

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Other

Condo/Co-op/Association

  • Association: No

Lot Info

  • Assessor Parcel Number: 010-085-020-000
  • Lot Size Sq Ft: 14160

Building Info

  • Year Built: 1907

Multi Family

  • One Bedroom Annual Occupancy: 97
  • 1 Bedroom Rent Range: 800-900
  • Number Of1 Bedrooms Occupied: 6
  • Number of 1 Bedroom Units: 6
  • Number of Studio Units: 3
  • NumberOfUnitsTotal: 9
  • Number Studios Occupied: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 11, 2021
Sold by
Bought by
Seller's Agent
Steven Level
Berkshire Hathaway
Buyer's Agent
Steven Level
Berkshire Hathaway
List Price
$1,335,000
Sold Price
$1,335,000

Purchase Details

Closed on
Feb 10, 2021
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,335,000 First American Title Company
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $1,335,000 0.0% $257 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $1,335,000 -- $257 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,301 $1,415,756 $562,440 $853,316
2024 $6,849 $582,587 $129,005 $453,582
2023 $6,849 $571,165 $126,476 $444,689
2022 $6,328 $559,967 $123,997 $435,970
2021 $3,275 $279,952 $71,173 $208,779
2020 $3,267 $277,083 $70,444 $206,639
2019 $3,248 $271,651 $69,063 $202,588
2018 $3,228 $266,325 $67,709 $198,616
2017 $3,170 $261,104 $66,382 $194,722
2016 $3,141 $255,985 $65,081 $190,904
2015 $3,027 $252,141 $64,104 $188,037
2014 $2,847 $247,203 $62,849 $184,354
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321067440

Bay Area Real Estate Information Services (BAREIS)
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