NOT LISTED FOR SALE

Estimated Value: $897,000 - $1,039,436

4 Beds
2 Baths
1,900 Sq Ft
$497/Sq Ft Est. Value

Last Sold July 26, 2022

Last sale price $890,000 $468 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,978/month

20 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Robert E. Willett Elementary School Rated A
  • Landscaped
  • 2 Car Garage

About This Home

As of July 2022

Rare find! This delightful Central Davis duplex is just steps to the UC Davis campus. Both units have two bedrooms and one bath. Kitchens and living rooms are spacious. Stylish luxury vinyl plank flooring in both units. Attached one-car garage for each unit. Full roof replacement in 2017. New furnaces and air conditioners installed approx. 2015/2016. The large, private backyards provide tranquil retreats. It's the perfect investment property with a strong rental history, and ideally suited for a 1031 exchange. Or enjoy living in one side and renting out the other. It's a truly fabulous location near Trader Joe's and downtown, too.

Last Agent to Sell the Property

Joe Kaplan

RE/MAX Gold Davis License #01230760 Listed on: 06/14/2022

RE/MAX Gold Davis

Last Buyer's Agent

Maria West

RE/MAX Gold Davis License #01853967

RE/MAX Gold Davis

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,463

Year Built

  • Built in 1951

Lot Details

  • 7,379 Sq Ft Lot
  • Landscaped

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Free-Standing Electric Range
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 034-303-003-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,463

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Year Built: 1951
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Electric Range
  • Flooring: Tile, Laminate
  • Price Per Square Foot: 468.42

Exterior Features

  • Construction Materials: Frame
  • Disclosures/Documents: Preliminary Title Report, Structural Pest Control Report, Home Inspection Report
  • Foundation: Slab
  • Listing Price: 895000.00
  • Lot Features: Curbs/Gutters, Sidewalk, Landscape Front

Garage/Parking

  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: R-2
  • Irrigation: Public District
  • Lot Size Acres: 0.1694
  • Lot Size Sq Ft: 7379.00

Rental Info

  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 034-303-003-000
  • Bonds/Assessments/Taxes Description: Local Assessments
  • Bonds/Assessments/Taxes: Yes

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 25, 2022
Sold by
Chung Lee Chi
Bought by
Lee Hung Shek Tam
Seller's Agent
Joe Kaplan
RE/MAX Gold Davis
Buyer's Agent
Maria West
RE/MAX Gold Davis
List Price
$895,000
Sold Price
$890,000
Premium/Discount to List
-$5,000
-0.56%
Current Estimated Value
$917,535

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,535
Avg. Annual Appreciation
1.98%
Original Mortgage
$712,000
Outstanding Balance
$680,123
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$264,736

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 14, 2022
Sold by
Bob And Rose Pearl Family Trust
Bought by
Lee Ivan Yuk Chung and Lee Hung Shek
Seller's Agent
Joe Kaplan
RE/MAX Gold Davis
Buyer's Agent
Maria West
RE/MAX Gold Davis
List Price
$895,000
Sold Price
$890,000
Premium/Discount to List
-$5,000
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Outstanding Balance
$680,123
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$264,736

Purchase Details

Closed on
Jan 29, 2016
Sold by
Pearl Robert C
Bought by
Pearl Robert C and Bob & Rose Pearl Family Trust

Purchase Details

Closed on
Jul 26, 2013
Sold by
Pearl David K and Pearl Pamela Suzanne
Bought by
Pearl Robert C
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
Lee Hung Shek Tam -- Placer Title Company
Lee Ivan Yuk Chung $890,000 Placer Title
Pearl Robert C -- None Available
Pearl Robert C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Hung Shek Tam $712,000
Closed Lee Ivan Yuk Chung $712,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2022 07/26/22 Sold $890,000 -0.6% $468 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $895,000 -- $471 / 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 $11,463 $925,956 $338,130 $587,826
2023 $11,463 $890,000 $325,000 $565,000
2022 $5,970 $410,747 $174,518 $236,229
2021 $5,824 $402,695 $171,097 $231,598
2020 $5,728 $398,567 $169,343 $229,224
2019 $5,434 $390,753 $166,023 $224,730
2018 $5,073 $383,092 $162,768 $220,324
2017 $4,967 $375,581 $159,577 $216,004
2016 $4,715 $361,718 $156,449 $205,269
2015 $4,632 $356,285 $154,099 $202,186
2014 $4,557 $349,307 $151,081 $198,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222078550

MetroList

APN: 034-303-003-000