NOT LISTED FOR SALE

Estimated Value: $1,610,663 - $1,802,000

4 Beds
10 Baths
4,102 Sq Ft
$414/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $1,550,000 $378 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,517/month

25 Days on Market

Highlights

  • Wood Flooring
  • 4 Car Detached Garage
  • 3-minute walk to Fuller Park Playground

About This Home

As of December 2023

Rare opportunity to own a well maintained 4-plex in Old-town, half a block from Fuller Park! Surrounded by Victorians and attractive homes. Set back from the street with mature landscaping on a large lot (with a 4 car garage). Open, airy and bright One bedroom/1 bath apartments, with hardwood flooring, laundry room, and front and back entrances. Highly sought-after location for multi-unit income property (or live in one and rent the others!).

Last Agent to Sell the Property

Suzy Anderson

Coldwell Banker Brokers of the License #00827232 Listed on: 11/04/2023

Coldwell Banker Brokers of the

Last Buyer's Agent

Suzy Anderson

Coldwell Banker Brokers of the License #00827232 Listed on: 11/04/2023

Coldwell Banker Brokers of the

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1943

Lot Details

  • 7,257 Sq Ft Lot

Parking

  • 4 Car Detached Garage

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4 Bedrooms
  • 4,102 Sq Ft Home
  • 2-Story Property
  • Carbon Monoxide Detectors
  • Free-Standing Gas Range

Flooring

  • Wood
  • Linoleum

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • No Cooling
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Individual Gas Meter
  • Gas Water Heater

Community Details

  • 4 Units
  • Gross Income $96,600

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 003-254-008-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1943

Lot Details

0

Parking

4

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Subtype Description: Apartments
  • Directions To Property: Jefferson to east on Third Street, right on Seminary, 2nd building on the left.
  • Lot Size Acres: 0.1666
  • Stories: 2
  • CapRate: 4.25
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Appliances: Free Standing Gas Range, Gas Water Heater
  • Flooring: Linoleum, Wood
  • Price Per Square Foot: 377.86
  • Square Footage: 4102.00
  • NumberOfBuildings: 1

Exterior Features

  • Lot Features: Other
  • Roof: Composition

Garage/Parking

  • Parking Features: Detached, Garage
  • Total Parking Spaces: 4.00
  • Garage Spaces: 4.00

Utilities

  • Cooling: None
  • Security Features: Carbon Mon Detector
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Natural Gas, Wall Furnace
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 003-254-008-000
  • Lot Size Sq Ft: 7257.00

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1943

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: $1900-2100
  • Number Of1 Bedrooms Occupied: 4
  • Number of 1 Bedroom Units: 4
  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2023
Closed on
Dec 14, 2023
Sold by
Swain Emma J and Swain Wesley S
Bought by
Seminary Street Partners Llc
Seller's Agent
Suzy Anderson
Coldwell Banker Brokers of the
Buyer's Agent
Suzy Anderson
Coldwell Banker Brokers of the
List Price
$1,775,000
Sold Price
$1,550,000
Premium/Discount to List
-$225,000
-12.68%
Views
23
Current Estimated Value
$1,700,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,166
Avg. Annual Appreciation
4.64%

Purchase Details

Closed on
Jan 26, 2021
Sold by
Swain Emma J and Jones Wesley S
Bought by
Jones Wesley S and Swain Emma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$716,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2019
Sold by
Swain Emma J and Jones Wesley S
Bought by
Swain Emma J and Jones Wesley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$731,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2018
Sold by
Smith Patricia M
Bought by
Smith Patricia M and The Patricia M Smith Revocable

Purchase Details

Closed on
Jun 27, 2014
Sold by
Swain Emma J and Jones Wes S
Bought by
Swain Emma J and Jones Wesley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2007
Sold by
Meckler Frances T and Gary O Meckler Bypass Trust
Bought by
Swain Emma J and Jones Wesley S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,500
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2007
Sold by
Meckler Frances T and Meckler Family Living Revocabl
Bought by
Meckler Frances T and Gary O Meckler Bypass Trust
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
Seminary Street Partners Llc $1,550,000 First American Title
Jones Wesley S -- First Amer Ttl Co Of Napa
Swain Emma J $327,500 First Amer Ttl Co Of Napa
Smith Patricia M -- None Available
Swain Emma J -- North American Title Co Inc
Swain Emma J $950,000 North American Title Co
Meckler Frances T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Wesley S $716,000
Previous Owner Swain Emma J $731,500
Previous Owner Swain Emma J $525,000
Previous Owner Swain Emma J $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2023 12/20/23 Sold $1,550,000 -12.7% $378 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/04/2023 11/04/23 For Sale $1,775,000 -- $433 / 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 $19,522 $1,581,000 $561,000 $1,020,000
2024 $19,522 $1,550,000 $550,000 $1,000,000
2023 $19,522 $1,088,489 $525,863 $562,626
2022 $14,006 $1,067,147 $515,552 $551,595
2021 $12,402 $930,000 $445,000 $485,000
2020 $12,307 $930,000 $490,000 $440,000
2019 $12,248 $930,000 $490,000 $440,000
2018 $12,272 $930,000 $490,000 $440,000
2017 $11,230 $843,370 $444,070 $399,300
2016 $11,154 $843,370 $444,070 $399,300
2015 $9,705 $766,700 $403,700 $363,000
2014 $9,721 $766,700 $403,700 $363,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 323922901

Bay Area Real Estate Information Services (BAREIS)

APN: 003-254-008