NOT LISTED FOR SALE

615 Adams St Davis, CA 95616

West Davis Neighborhood

Estimated Value: $1,146,000 - $1,226,000

7 Beds
4 Baths
-- Sq Ft
7,980 Sq Ft Lot

Last Sold January 04, 2019

Last sale price $960,000

Est. 23% increase in value since last sale

Current estimated payment $7,291/month

10 Days on Market

Highlights

  • No HOA
  • Robert E. Willett Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of January 2019

Currently the only multi unit complex on the market in Davis. A well maintained four plex just steps from UC Davis. There are 3 two bedrooms and 1 one bedroom. Fairly new roof and HVAC. Parking in the rear. Large shared backyard. All are leased through August 2019 and current rents are below fair market rent. Take a look before it's too late.

Last Agent to Sell the Property

Johnny Brooks

RE/MAX Gold Davis License #01150462 Listed on: 11/30/2018

RE/MAX Gold Davis

Last Buyer's Agent

Ding Lu

Real Brokerage License #01959741

Real Brokerage

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 7,980 Sq Ft Lot

Parking

  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Tar and Gravel Roof

Interior Spaces

  • 2-Story Property
  • Free-Standing Gas Oven
  • Leased Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 036-083-003-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 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
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas Oven
  • Flooring: Carpet,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,Transfer Disclosure Statement
  • Listing Price: 950000.00
  • Roof: Tar/Gravel

Garage/Parking

  • Parking Features: 1 Space Per Unit

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Leased

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: r-1
  • Lot Size Acres: 0.1832
  • Lot Size Sq Ft: 7980

Rental Info

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

Multi Family

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

Tax Info

  • Assessor Parcel Number: 036-083-003-000

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2018
Closed on
Dec 28, 2018
Sold by
Tan William T and Tan Thida C
Bought by
Tian Qingjun and Hao Wenwen
Seller's Agent
Johnny Brooks
RE/MAX Gold Davis
Buyer's Agent
Ding Lu
Real Brokerage
List Price
$950,000
Sold Price
$960,000
Premium/Discount to List
$10,000
1.05%
Current Estimated Value
$1,178,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,707
Avg. Annual Appreciation
2.97%

Purchase Details

Closed on
Dec 20, 2006
Sold by
Tan Anne
Bought by
Tan William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2006
Sold by
Tres Equity Inc
Bought by
Tan William T and Tan Thida C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 25, 2006
Sold by
Laughtin Jean E and Jean E Laughtin Revocable Trus
Bought by
Tres Equity Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 1995
Sold by
Laughtin Jean E and Jean E Laughtin Revocable Trus
Bought by
Laughtin Jean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
8.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tian Qingjun $960,000 First American Title Company
Tan William T -- Fidelity Natl Title Co Of Ca
Tan William T $710,000 Fidelity Natl Title Co Of Ca
Tres Equity Inc -- Fidelity National Title Co O
Laughtin Jean E -- Fidelity National Title Co O
Laughtin Jean E -- Fidelity National Title
Laughtin Jean E -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tan William T $568,000
Previous Owner Laughtin Jean E $500,000
Previous Owner Tres Equity Inc $250,000
Previous Owner Laughtin Jean E $164,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2019 01/04/19 Sold $960,000 +1.1% --
12/10/2018 12/10/18 Pending -- -- --
11/30/2018 11/30/18 For Sale $950,000 -- --
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 $13,600 $1,070,895 $334,654 $736,241
2023 $13,600 $1,029,312 $321,660 $707,652
2022 $13,051 $1,009,130 $315,353 $693,777
2021 $12,767 $989,344 $309,170 $680,174
2020 $12,568 $979,200 $306,000 $673,200
2019 $10,979 $852,653 $300,256 $552,397
2018 $10,225 $835,943 $294,369 $541,574
2017 $8,791 $700,400 $280,000 $420,400
2016 $8,677 $670,400 $250,000 $420,400
2015 $7,381 $600,400 $220,000 $380,400
2014 $7,381 $550,400 $220,000 $330,400
Source: Public Records

Agents Affiliated with this Home

  • Johnny Brooks

    Seller's Agent in 2019

    Johnny Brooks

    RE/MAX

    4 in this area

    25 Total Sales

    Johnny Brooks
    Section Image
  • Ding Lu

    Buyer's Agent in 2019

    Ding Lu

    Real Brokerage

    (530) 306-5368

    3 in this area

    65 Total Sales

    Ding Lu
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 18079006

MetroList

APN: 036-083-003-000

California Yolo County Davis 95616 West Davis

615 Adams St, Davis, CA

Not Listed for Sale

MultiFamily

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