NOT LISTED FOR SALE

8722 Lund Hill Ln Unit 27-29 Cotati, CA 94931

Estimated Value: $1,290,000 - $1,527,000

8 Beds
20 Baths
4,380 Sq Ft
$325/Sq Ft Est. Value

Last Sold August 10, 2020

Last sale price $1,175,000 $268 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $8,775/month

44 Days on Market

Highlights

  • Private Yard
  • Central Heating
  • Laundry Facilities
  • Community Pool

About This Home

As of August 2020

Prime townhouse style fourplex in ideal Cotati location. Built in 1971, this property offers 4,380 square feet of rentable living area on a park-like setting. Each unit includes 2 bedroom/ 1.5 baths and features large bedrooms with built-in desks, spacious closets, private patios and assigned carport parking. Residents enjoy a well maintained community pool, picnic areas and a common laundry facility. Quiet location, walking distance to downtown, parks and schools.Easy access to Hwy 101 and Old Redwood Hwy. Strong rental and income history!

Last Agent to Sell the Property

David Rendino

RE/MAX Marketplace License #01252035 Listed on: 05/02/2020

RE/MAX Marketplace

Last Buyer's Agent

Lauren Bianchi

SOCO PROPERTY License #01437795

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,648

Year Built

  • Built in 1971

Lot Details

  • 5,576

Home Design

  • 4,380 Sq Ft Home
  • Quadruplex
  • Slab Foundation

Utilities

  • Central Heating
  • Individual Gas Meter

Additional Features

  • Dishwasher
  • 8 Bedrooms
  • Private Yard

Listing and Financial Details

  • Assessor Parcel Number 144-450-030-000

Community Details

Recreation

  • Community Pool

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,648

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Quadruplex
  • Directions To Property: E Cotati to Valparaiso to Lund Hill Ln
  • CapRate: 6.00
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Other
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, OVFR
  • Price Per Square Foot: 268.26
  • Square Footage: 4380
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Slab
  • Roof: Other
  • ExteriorFeatures: Yard Space

Garage/Parking

  • Parking Features: CAR7

Utilities

  • Sewer: Public Sewer
  • Utilities: PGEE
  • Water Source: Public
  • Heating: Central
  • Laundry Features: In Common Area
  • Separate Meters: Electricity, Gas

Association/Amenities

  • Unit: 27-29
  • Association Features: Other, Pool

Lot Info

  • Assessor Parcel Number: 144-450-030-000

Building Info

  • Year Built: 1971

Multi Family

  • NumberOfUnitsTotal: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
Aug 3, 2020
Sold by
Stolman Marc D
Bought by
Angel Susan and Angel Jerald J
Seller's Agent
David Rendino
RE/MAX Marketplace
Buyer's Agent
Lauren Bianchi
SOCO PROPERTY
List Price
$1,175,000
Sold Price
$1,175,000
Current Estimated Value
$1,424,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,642
Avg. Annual Appreciation
3.85%
Original Mortgage
$763,750
Outstanding Balance
$678,402
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$748,440

Purchase Details

Closed on
Mar 28, 2014
Sold by
Martin Christine
Bought by
Stolman Marc D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2000
Sold by
Ballestrasse John
Bought by
Stolman Marc D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
8.35%

Purchase Details

Closed on
Jun 16, 1999
Sold by
402 Grand Avenue Associates
Bought by
Ballestrasse John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.01%

Purchase Details

Closed on
Jun 15, 1999
Sold by
Ballestrasse Sherry L
Bought by
Ballestrasse John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.01%

Purchase Details

Closed on
Oct 7, 1993
Sold by
Mead Michael C
Bought by
402 Grand Avenue Associates

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 1993
Sold by
Mead Jananne L
Bought by
Mead Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.4%
Mortgage Type
Commercial
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
Angel Susan $1,175,000 Old Republic Title Company
Stolman Marc D -- First American Title Company
Stolman Marc D $525,000 First American Title Co
Ballestrasse John $404,000 First American Title
Ballestrasse John -- First American Title
402 Grand Avenue Associates -- First American Title
Mead Michael C -- First American Title
Mead Michael C -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Angel Susan $763,750
Previous Owner Stolman Marc D $324,750
Previous Owner Stolman Marc D $275,000
Previous Owner Ballestrasse John $250,000
Previous Owner Mead Michael C $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $1,175,000 0.0% $268 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
05/02/2020 05/02/20 For Sale $1,175,000 -- $268 / 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 $14,648 $1,273,617 $324,729 $948,888
2024 $14,648 $1,248,519 $318,362 $930,157
2023 $14,648 $1,224,070 $312,120 $911,950
2022 $14,349 $1,200,100 $306,000 $894,100
2021 $14,227 $1,176,600 $300,000 $876,600
2020 $9,325 $739,431 $196,752 $542,679
2019 $9,207 $724,965 $192,895 $532,070
2018 $8,835 $710,782 $189,113 $521,669
2017 $8,690 $697,037 $185,405 $511,632
2016 $8,340 $683,245 $181,770 $501,475
2015 $8,138 $673,007 $179,040 $493,967
2014 $7,663 $624,600 $166,000 $458,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22008930

Bay Area Real Estate Information Services (BAREIS)

APN: 144-450-030