NOT LISTED FOR SALE

846 3rd St W Sonoma, CA 95476

Estimated Value: $1,097,000 - $1,394,000

5 Beds
6 Baths
2,358 Sq Ft
$546/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $1,065,000 $452 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,269/month

35 Days on Market

Highlights

  • Corner Lot
  • Landscaped
  • Greenbelt
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Carpet

About This Home

As of December 2021

Blocks from the Sonoma Plaza, this beautiful turnkey duplex condo presents an amazing investment opportunity. Located in its own private neighborhood the open and airy interior features a spacious living room that can be configured in multiple ways depending on lifestyle. Create a spot for a home office if remote work is your plan. Or use the flexible space for a dining table to entertain guests or host intimate dinner parties. An adjacent kitchen is done in gleaming white and the roomy space has abundant cabinets and counters to make meal prep a breeze. Each unit features sliding glass doors leading to a private back patio. Each condo has a ground floor bedroom. The large unit features two bedrooms upstairs. The second unit has one bedroom upstairs. Each include a convenient upstairs laundry room. Located on the Sonoma bike path, this wonderful investment opportunity is convenient to shopping, restaurants, wineries and local schools. One car garage and one off-street parking space.

Last Agent to Sell the Property

Maurice Tegelaar

Compass License #01465653 Listed on: 10/18/2021

Compass

Co-Listed By

Matt Sevenau

Compass License #01890164

Last Buyer's Agent

Mark Stornetta

Compass License #01440416

Compass

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1999

Lot Details

  • 4,205 Sq Ft Lot
  • Landscaped

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 5 Bedrooms
  • 2,358 Sq Ft Home
  • 2-Story Property

Kitchen

  • Free-Standing Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Individual Gas Meter
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • Assessor Parcel Number 018-800-007-000

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, management, road
  • 2 Units
  • Third Street West Maintenance Association, Phone Number (415) 412-1162
  • Greenbelt

Building Details

  • Gross Income $44,400

Townhouse Details

Home Type

Townhome

Year Built

Built in 1999

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Townhouses
  • Directions To Property: South on 3rd St West, turn left into complex where Arroyo and 3rd St West meet.
  • Lot Size Acres: 0.0965
  • Stories: 2
  • CapRate: 3.76
  • Actual or Scheduled: Actual
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Free Standing Electric Range, Free Standing Refrigerator
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 451.65
  • Square Footage: 2358.00
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Slab
  • Lot Features: Corner, Cul-De-Sac, Landscape Front, Sidewalk
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage, Off Street
  • Total Parking Spaces: 4.00
  • Garage Spaces: 2.00

Utilities

  • Cooling: Central, Separate
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Separate
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Separate Meters: Electricity, Gas, Water

Association/Amenities

  • Association Features: Yard Space

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Monthly
  • Association Name: Third Street West Maintenance Association
  • Association Phone: (415) 412-1162

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Management, Road

Lot Info

  • Assessor Parcel Number: 018-800-007-000
  • Lot Size Sq Ft: 4205.00

Rental Info

  • TenantPays: Cable TV, Electricity, Water

Building Info

  • Year Built: 1999

Multi Family

  • Number Of2 Bedrooms Occupied: 1
  • Number of 3 Bedroom Units: 1
  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2012
Sold by
Smith Ross S and Smith Deborah G
Bought by
Smith Ross S and Smith Deborah G
Current Estimated Value
$1,287,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Outstanding Balance
$285,675
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$1,001,969

Purchase Details

Closed on
May 30, 2006
Sold by
Smith Ross S and Smith Deborah G
Bought by
Smith Ross S and Smith Deborah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 22, 2006
Sold by
Degeorgis Rick A and Degeorgis Rochelle Lynn
Bought by
Smith Ross S and Smith Deborah G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 5, 2004
Sold by
T & J Family Lp
Bought by
Degeorgis Rick A and Degeorgis Rochelle Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,300
Interest Rate
6.17%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 8, 2003
Sold by
Shipsey Tom and Shipsey Judy
Bought by
T & J Family Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.3%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 3, 2003
Sold by
T & J Family Lp
Bought by
Shipsey Tom and Shipsey Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.3%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 18, 2002
Sold by
T & J Family Ltd Partnership
Bought by
Shipsey Tom and Shipsey Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
6.16%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 14, 2001
Sold by
T & J Family Ltd Partnership
Bought by
Shipsey Thomas Edward

Purchase Details

Closed on
Aug 10, 2001
Sold by
Shipsey Thomas Edward
Bought by
T & J Family Ltd Partnership
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Smith Ross S -- Old Republic Title Company
Smith Ross S -- Old Republic Title Company
Smith Ross S -- Accommodation
Smith Ross S $775,000 Fidelity National Title Co
Degeorgis Rick A $699,000 North Bay Title Co
T & J Family Partnership -- North Bay Title Co
Shipsey Tom -- North Bay Title Co
Shipsey Tom -- Old Republic Title Company
Shipsey Thomas Edward -- North Bay Title Co
T & J Family Ltd Partnership -- North Bay Title Company
Shipsey Thomas Edward -- North Bay Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Ross S $411,000
Closed Smith Ross S $417,000
Previous Owner Degeorgis Rick A $489,300
Previous Owner Shipsey Tom $294,000
Previous Owner Shipsey Tom $294,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Sold $1,065,000 -1.8% $452 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
10/18/2021 10/18/21 For Sale $1,085,000 -- $460 / 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 $14,901 $1,130,186 $451,013 $679,173
2024 $14,901 $1,108,026 $442,170 $665,856
2023 $14,901 $1,086,300 $433,500 $652,800
2022 $13,967 $1,065,000 $425,000 $640,000
2021 $13,222 $978,436 $347,185 $631,251
2020 $13,231 $968,405 $343,626 $624,779
2019 $12,930 $949,418 $336,889 $612,529
2018 $12,660 $930,803 $330,284 $600,519
2017 $11,549 $861,000 $306,000 $555,000
2016 $10,579 $790,000 $280,000 $510,000
2015 $10,103 $766,000 $272,000 $494,000
2014 $8,945 $653,000 $232,000 $421,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 321098312

Bay Area Real Estate Information Services (BAREIS)

APN: 018-800-007