NOT LISTED FOR SALE

7048 Santero Way Cotati, CA 94931

Estimated Value: $375,400 - $463,000

10 Beds
1 Bath
7,801 Sq Ft
$54/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $2,150,000 $276 Per Sq Ft

Current estimated payment $2,544/month

76 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating System Uses Natural Gas
  • Park or Greenbelt View
  • Ceiling Fan

About This Home

As of August 2015

These unique units offer a gourmet kitchen, large master suites, luxurious baths, spacious living areas.. The top-quality interior elements include bamboo and polished concrete floors, 19-foot ceilings, and high-end finishes. All 7-units are fully entitled condominiums. This condominium structure offers potential investors significant upside potential should they decide to sell the individual condominiums in the future.

Last Agent to Sell the Property

Erich Reichenbach

Marcus & Millichap Real Estate License #01860626 Listed on: 05/08/2015

Last Buyer's Agent

Craig Delles

Ham Delles Company, Inc License #00850089

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,935

Year Built

  • Built in 2007

Lot Details

  • 950 Sq Ft Lot

Home Design

  • Concrete Foundation
  • Metal Roof

Interior Spaces

  • 7,801 Sq Ft Home
  • Ceiling Fan
  • Park or Greenbelt Views
  • Laundry in unit

Flooring

  • Wood
  • Tile

Parking

  • 2 Open Parking Spaces
  • Off-Street Parking

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 7 Units
  • Gross Income $149,700

Listing and Financial Details

  • Assessor Parcel Number 144-790-006-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,935

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Directions To Property: Take exit 481A foe W Sierra Ave. Continue onto E Cotati Ave. Turn right on Santero Way
  • Lot Size Acres: 0.0218
  • CapRate: 4.52
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater
  • Flooring: Other, Tile, Wood
  • Price Per Square Foot: 275.61
  • Square Footage: 7801
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete
  • Roof: Metal
  • View: Park

Garage/Parking

  • Parking Features: Off Street
  • Number Of Guest Spaces: 2
  • OpenParkingSpaces: 2

Utilities

  • Cooling: Ceiling Fan(s), Individual
  • Sewer: Public Sewer
  • Utilities: Cable Available, All Electric, Natural Gas Connected, PGEE, Cable Connected
  • Water Source: Public
  • Heating: Individual, Natural Gas
  • Laundry Features: In Each Unit

Lot Info

  • Assessor Parcel Number: 144-790-006-000
  • Lot Size Sq Ft: 950

Building Info

  • Year Built: 2007

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: $1600-$1750
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1950
  • Number Of1 Bedrooms Occupied: 4
  • Number of 1 Bedroom Units: 4
  • Number Of2 Bedrooms Occupied: 3
  • Number of 2 Bedroom Units: 3
  • NumberOfUnitsTotal: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2022
Sold by
Andrew G Fisher Trust
Bought by
Santero Lofts Llc
Current Estimated Value
$419,600

Purchase Details

Closed on
Nov 13, 2018
Sold by
The City Of Cotati California
Bought by
The Colvin Group Fund I Lp

Purchase Details

Closed on
May 9, 2016
Sold by
Weisman Jeffry H
Bought by
Jeffry H Weisman Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.59%
Mortgage Type
Commercial

Purchase Details

Listed on
May 8, 2015
Closed on
Aug 5, 2015
Sold by
The Colvin Group Fund I Lp
Bought by
Weisman Jeffry H
Seller's Agent
Erich Reichenbach
Marcus & Millichap Real Estate
Buyer's Agent
Craig Delles
Ham Delles Company, Inc
List Price
$2,150,000
Sold Price
$2,150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.70%
Original Mortgage
$800,000
Interest Rate
3.98%
Mortgage Type
Unknown
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
Santero Lofts Llc -- Smith & Granberg
The Colvin Group Fund I Lp -- None Available
Jeffry H Weisman Declaration Of Trust -- First American Title Company
Weisman Jeffry H $4,300,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santero Lofts Llc $1,900,000
Previous Owner Weisman Jeffry H $1,000,000
Previous Owner Weisman Jeffry H $1,500,000
Previous Owner Weisman Jeffry H $1,000,000
Previous Owner Weisman Jeffry H $800,000
Previous Owner The Colvin Group Fund I Lp $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $2,150,000 0.0% $276 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $2,150,000 -- $276 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $3,935 $313,106 $124,295 $188,811
2024 $3,935 $306,967 $121,858 $185,109
2023 $3,935 $300,949 $119,469 $181,480
2022 $3,846 $295,049 $117,127 $177,922
2021 $3,809 $289,265 $114,831 $174,434
2020 $3,852 $286,300 $113,654 $172,646
2019 $3,804 $280,687 $111,426 $169,261
2018 $3,477 $275,185 $109,242 $165,943
2017 $3,420 $269,790 $107,100 $162,690
2016 $2,305 $182,447 $24,343 $158,104
2015 $2,251 $179,708 $23,978 $155,730
2014 $2,236 $176,189 $23,509 $152,680
Source: Public Records

Agents Affiliated with this Home

  • Erich Reichenbach

    Seller's Agent in 2015

    Erich Reichenbach

    Marcus & Millichap Real Estate

    (415) 625-2146

    10 Total Sales

    Erich Reichenbach
    Section Image
  • Craig Delles

    Buyer's Agent in 2015

    Craig Delles

    Ham Delles Company, Inc

    (707) 545-5844

    5 Total Sales

    Craig Delles
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21511128

Bay Area Real Estate Information Services (BAREIS)

APN: 144-790-006

California Sonoma County Cotati 94931

7048 Santero Way, Cotati, CA

This home is located at 7048 Santero Way, Cotati, CA 94931 since 08 May 2015 and is currently estimated at $419,600, approximately $53 per square foot. This property was built in 2007. 7048 Santero Way is a home located in Sonoma County with nearby schools including Rancho Cotate High School, Cross & Crown Lutheran School, and Bridghaven.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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