NOT LISTED FOR SALE

Estimated Value: $858,000 - $967,000

4 Beds
2 Baths
1,660 Sq Ft
$556/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $860,000 $518 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,745/month

11 Days on Market

Highlights

  • No HOA
  • Laundry Facilities
  • 1-Story Property
  • North Davis Elementary School Rated A
  • Carpet

About This Home

As of June 2024

This Central Davis duplex presents a compelling investment opportunity. Both units offer 2 bedrooms, 1 bathroom, private backyards, and a 1-car garage. Situated in a prime location near UC Davis, markets, and shopping centers, this property is ideal for investors or families of UC Davis students. The existing lease on one unit ensures immediate rental income, while the vacant unit allows flexibility for new tenants or owner-occupancy. Don't miss out on this promising investment in a high-demand area!

Last Agent to Sell the Property

Laura Murray

Windermere Signature Properties Davis License #01437243 Listed on: 05/16/2024

Windermere Signature Properties Davis

Last Buyer's Agent

Ara Arbabzadeh

KW Sac Metro License #02111336

KW Sac Metro

Property Details

Home Type

  • Multi-Family

Lot Details

  • 9,143 Sq Ft Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Concrete Foundation
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,660 Sq Ft Home
  • 1-Story Property

Kitchen

  • Built-In Electric Oven
  • Electric Cooktop

Flooring

  • Carpet
  • Vinyl

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Parking Space
  • Covered Parking

Utilities

  • Window Unit Cooling System
  • Wall Furnace
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 070-032-019

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month
  • Net Lease

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Duplex
  • Levels: One
  • Stories: 1
  • Year Built Details: Unknown
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven, Electric Cook Top
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 518.07
  • Square Footage: 1660.00

Exterior Features

  • Construction Materials: Masonry
  • Foundation: Concrete
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 870000.00
  • Lot Features: Curbs/Gutters
  • New Construction: No
  • Pool: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Parking Features: Covered
  • Total Parking Spaces: 1.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Cable Available
  • Cooling: Window Unit(s), Varies by Unit
  • Heating: Wall Furnace
  • Laundry Features: In Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Davis Unified

Lot Info

  • Zoning Description: R-2
  • Irrigation: Public District
  • Lot Size Acres: 0.2099
  • Lot Size Sq Ft: 9143.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Income Includes: ["Rent Only"]
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 070-032-019
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Yolo

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2024
Closed on
Jun 17, 2024
Sold by
Chally Family Trust and Cross Lois Anne
Bought by
Chin Joyce and Chin Vinson
Seller's Agent
Laura Murray
Windermere Signature Properties Davis
Buyer's Agent
Ara Arbabzadeh
KW Sac Metro
List Price
$870,000
Sold Price
$860,000
Premium/Discount to List
-$10,000
-1.15%
Views
26
Current Estimated Value
$922,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,463
Avg. Annual Appreciation
4.79%
Original Mortgage
$645,000
Outstanding Balance
$635,741
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$286,722

Purchase Details

Closed on
Feb 28, 2024
Sold by
Chally Family Trust
Bought by
Chally Family Trust and Cross

Purchase Details

Closed on
Nov 9, 2004
Sold by
Chally Ashby Edward and Chally Marguerite L
Bought by
Chally A E and Chally Marguerite L
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
Chin Joyce $860,000 Fidelity National Title
Chally Family Trust -- None Listed On Document
Chally A E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chin Joyce $645,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2024 06/24/24 Sold $860,000 -1.1% $518 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $870,000 -- $524 / 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 $10,943 $877,200 $372,300 $504,900
2023 $10,943 $87,428 $25,282 $62,146
2022 $2,425 $85,715 $24,787 $60,928
2021 $2,345 $84,035 $24,301 $59,734
2020 $2,297 $83,174 $24,052 $59,122
2019 $2,060 $81,544 $23,581 $57,963
2018 $1,954 $79,946 $23,119 $56,827
2017 $1,906 $78,379 $22,666 $55,713
2016 $1,771 $76,843 $22,222 $54,621
2015 $1,720 $75,690 $21,889 $53,801
2014 $1,720 $74,209 $21,461 $52,748
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 224033901

MetroList

APN: 070-032-019-000