NOT LISTED FOR SALE

832 1st St Benicia, CA 94510

Estimated Value: $1,701,307

4 Beds
10 Baths
9,632 Sq Ft
$177/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $1,275,000 $132 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $10,595/month

132 Days on Market

Highlights

  • Contemporary Architecture
  • Carpet
  • 4-minute walk to City Park
  • Mary Farmar Elementary School Rated A-

About This Home

As of August 2017

Unique mixed-use residential/commercial building right in the heart of downtown Benicia. Four 750 sq. ft. 1-bd/1-ba apts. upstairs, a thriving 3,300 sq. ft. beauty salon at street level & a 3,300 sq. ft. finished basement below (with roll-up door & vehicular access from rear parking lot). Remodeled kitchens in all 4 apartments. Built in the early-to-mid 1970s, so this was constructed under far more recent building standards than much of First St.

Last Agent to Sell the Property

Rod & Jamie Herman

Coldwell Banker Solano Pacific License #01173459 Listed on: 03/29/2017

Coldwell Banker Solano Pacific

Co-Listed By

Jamie Herman

Coldwell Banker Solano Pacific License #01264737

Last Buyer's Agent

Linda Blair

ResCom Properties License #01359822

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,285

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • Off-Street Parking

Home Design

  • Quadruplex
  • Contemporary Architecture

Interior Spaces

  • 4 Bedrooms
  • 9,632 Sq Ft Home
  • 3-Story Property
  • Carpet

Kitchen

  • Microwave
  • Dishwasher

Utilities

  • Wall Furnace
  • Individual Gas Meter

Community Details

  • 4 Units
  • Gross Income $41,400

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 0089-052-300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,285

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions To Property: On First St. just below I Street.
  • Lot Size Acres: 0.2000
  • Stories: 3
  • CapRate: 1.62
  • Year Built Details: Unknown
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Contemporary
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Free Standing Refrigerator, Microwave, OVFR
  • Flooring: Carpet
  • Price Per Square Foot: 132.37
  • Square Footage: 9632
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Other
  • Lot Features: CITY
  • Roof: Other

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: AIRC
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Wall Furnace
  • Laundry Features: Other, WSHD
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 0089-052-300
  • Lot Size Sq Ft: 8712

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
Garo Baharyan
Bought by
Blair Adam and Blair Linda
Current Estimated Value
$1,701,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$1,006,197
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$695,110

Purchase Details

Listed on
Mar 29, 2017
Closed on
Aug 15, 2017
Sold by
Baharyan Kara
Bought by
Baharyan Garo
Seller's Agent
Rod & Jamie Herman
Coldwell Banker Solano Pacific
Buyer's Agent
Linda Blair
ResCom Properties
List Price
$1,275,000
Sold Price
$1,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Original Mortgage
$500,000
Interest Rate
3.96%
Mortgage Type
Seller Take Back
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
Blair Adam $1,665,000 Old Republic Title
Baharyan Garo -- Old Republic Title Company
Baharyan Garo $1,275,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Adam $1,050,000
Previous Owner Baharyan Garo $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $1,275,000 0.0% $132 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $1,275,000 -- $132 / 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 $20,285 $1,732,266 $509,796 $1,222,470
2024 $20,285 $1,757,567 $499,800 $1,257,767
2023 $16,581 $1,394,396 $382,775 $1,011,621
2022 $16,273 $1,367,056 $375,270 $991,786
2021 $15,942 $1,340,252 $367,912 $972,340
2020 $15,730 $1,326,510 $364,140 $962,370
2019 $15,456 $1,300,500 $357,000 $943,500
2018 $15,061 $1,275,000 $350,000 $925,000
2017 $10,809 $918,000 $321,300 $596,700
2016 $4,331 $357,227 $34,497 $322,730
2015 $4,221 $351,862 $33,979 $317,883
2014 $4,171 $344,971 $33,314 $311,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21706328

Bay Area Real Estate Information Services (BAREIS)

APN: 0089-052-300