NOT LISTED FOR SALE

Estimated Value: $1,354,000 - $1,922,139

10 Beds
4 Baths
3,480 Sq Ft
$471/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $1,492,000 $429 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,248/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Patio
  • North Davis Elementary School Rated A
  • Double Pane Windows
  • High Speed Internet

About This Home

As of January 2018

Great opportunity to own an investment property in Davis, where rents seem to keep going up and up. This 4-plex is located walking distance to downtown and the UC Davis campus. Three of the four units have been nicely remodeled. Each unit has two covered parking spaces (front to back in the carport), an extra storage unit (appx 4' by 10'), and access to the coin operated laundry room, which provides the owner a nominal amount of income.

Last Agent to Sell the Property

Andrew Dowling

Dowling Properties License #01232466 Listed on: 12/14/2017

Last Buyer's Agent

Jin-Ying Shaw

RE/MAX Gold Davis License #01471258

RE/MAX Gold Davis

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 6,599 Sq Ft Lot
  • Lot Dimensions: 120

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Flat Roof Shape

Interior Spaces

  • 2-Story Property
  • Double Pane Windows

Parking

  • 1 Parking Space Included
  • 8 Covered Spaces

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • High Speed Internet

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 070-344-004-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • Community Storage Space
  • 4 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1971
  • Accessibility Features: 0
  • Architectural Style: Contemporary
  • Stories: 2
  • Number of Three Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher,Disposal,Free Standing Gas Oven,Free Standing Gas Range,Microwave
  • Flooring: Laminate,Varies by Unit,Linoleum/Vinyl
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco,Wood
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 1475000.00
  • Patio And Porch Features: Uncovered Patio
  • Roof: Flat

Garage/Parking

  • Covered Parking Spaces: 8
  • Parking Features: Carport,1+ Space Per Unit

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Utilities: Internet Available
  • Cooling: Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Extra Storage
  • Association: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: Res
  • Lot Size Acres: 0.1515
  • Lot Dimensions: 120' by 55'
  • Lot Size Sq Ft: 6599

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Income Includes: Coin Operated Equipment,Laundry
  • Number of Leased Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 070-344-004-000

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2018
Sold by
Huang Qiqi
Bought by
Alto Property Llc
Current Estimated Value
$1,638,070

Purchase Details

Listed on
Dec 14, 2017
Closed on
Jan 12, 2018
Sold by
Zhou Rnzhi
Bought by
Huang Qiqi
Seller's Agent
Andrew Dowling
Dowling Properties
Buyer's Agent
Jin-Ying Shaw
RE/MAX Gold Davis
List Price
$1,475,000
Sold Price
$1,492,000
Premium/Discount to List
$17,000
1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.18%

Purchase Details

Listed on
Dec 14, 2017
Closed on
Jan 11, 2018
Sold by
Ddd Aprtnership
Bought by
Huang Qiqi
Seller's Agent
Andrew Dowling
Dowling Properties
Buyer's Agent
Jin-Ying Shaw
RE/MAX Gold Davis
List Price
$1,475,000
Sold Price
$1,492,000
Premium/Discount to List
$17,000
1.15%

Purchase Details

Closed on
Mar 3, 2015
Sold by
Dowling Daniel K and Dowling Andrew J
Bought by
Ddd Partnership

Purchase Details

Closed on
Aug 17, 2007
Sold by
Rittgers Timothy W and Lavy Cindee T
Bought by
Dowling Daniel K and Daniel K Dowling Trust

Purchase Details

Closed on
Sep 11, 2003
Sold by
Dowling Properties Inc
Bought by
Rittgers Timothy W and Lavy Cindee T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 1999
Sold by
John Kao and San Sandia Fan
Bought by
Dowling Daniel K
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
Alto Property Llc -- Placer Title
Huang Qiqi -- Placer Title Co
Huang Qiqi $1,492,000 Placer Title Co
Ddd Partnership -- None Available
Dowling Andrew J $30,500 None Available
Dowling Daniel K -- None Available
Dowling Daniel K -- First American Title Co
Rittgers Timothy W $850,000 Fidelity National Title
Dowling Properties Inc -- Fidelity National Title
Dowling Daniel K -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rittgers Timothy W $620,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2018 01/19/18 Sold $1,492,000 +1.2% $429 / Sq Ft
12/20/2017 12/20/17 Pending -- -- --
12/14/2017 12/14/17 For Sale $1,475,000 -- $424 / 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 $20,286 $1,697,636 $568,913 $1,128,723
2023 $20,286 $1,631,717 $546,822 $1,084,895
2022 $19,492 $1,599,723 $536,100 $1,063,623
2021 $19,088 $1,568,357 $525,589 $1,042,768
2020 $18,804 $1,552,276 $520,200 $1,032,076
2019 $18,280 $1,521,840 $510,000 $1,011,840
2018 $10,584 $870,880 $392,496 $478,384
2017 $10,371 $853,804 $384,800 $469,004
2016 $10,399 $837,063 $377,255 $459,808
2015 $10,041 $824,491 $371,589 $452,902
2014 $10,041 $808,342 $364,311 $444,031
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 17076913

MetroList

APN: 070-344-004-000