NOT LISTED FOR SALE

889 W Verano Ave Sonoma, CA 95476

Estimated Value: $682,473 - $1,106,000

3 Beds
4 Baths
1,330 Sq Ft
$608/Sq Ft Est. Value

Last Sold July 27, 2017

Last sale price $575,000 $432 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,565/month

87 Days on Market

Highlights

  • 0.37 Acre Lot
  • Cottage
  • Fireplace

About This Home

As of July 2017

Great investment opportunity. 2 homes on large lot close to shopping, restaurants & the wineries of Sonoma and The Valley of the Moon. Front home is recently remodeled 2 bed, 2 bath, open floorplan with inside laundry, cute front porch & private fenced yard. Second home is 1 bed 1 bath converted water tower with large, private, fenced yard. Both homes are cir. 1920's. Perfect for investors, vacation home or live in one, rent the other.

Last Agent to Sell the Property

Ernest Berghof

Berghof Realty License #01852514 Listed on: 04/21/2017

Last Buyer's Agent

Molly Powers

Sonoma Valley Real Estate Comp License #01487278

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 0.37

Parking

  • Off-Street Parking

Home Design

  • Duplex
  • Cottage
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 3 Bedrooms
  • 1,330 Sq Ft Home
  • Fireplace
  • Washer and Dryer Hookup

Additional Features

  • 0.37 Acre Lot
  • No Cooling

Listing and Financial Details

  • Assessor Parcel Number 052-343-017-000

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0.37 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Directions To Property: Arnold Dr to W Verano Ave
  • Lot Size Acres: 0.3700
  • CapRate: 7.20
  • Signs: Yes
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Cottage
  • Special Features: None
  • Stories: 0

Interior Features

  • Accessibility Features: None
  • Price Per Square Foot: 432.33
  • Square Footage: 1330
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Other, Pillar/Post/Pier
  • Roof: Composition

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Fireplace(s)
  • Laundry Features: Washer/Dryer Hookups

Lot Info

  • Assessor Parcel Number: 052-343-017-000
  • Lot Size Sq Ft: 16117

Building Info

  • Year Built: 1920

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jul 27, 2017
Sold by
Hatley Nicole Marie
Bought by
Lee Ruben J and Lee Lisa M
Seller's Agent
Ernest Berghof
Berghof Realty
Buyer's Agent
Molly Powers
Sonoma Valley Real Estate Comp
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$725,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,511
Avg. Annual Appreciation
4.03%
Original Mortgage
$345,000
Outstanding Balance
$287,487
Interest Rate
3.91%
Mortgage Type
Commercial
Estimated Equity
$521,131

Purchase Details

Closed on
Dec 7, 2016
Sold by
Hatley Nicole Marie
Bought by
Hatley Nicole Marie

Purchase Details

Closed on
Apr 28, 2004
Sold by
Hatley John D
Bought by
Hatley John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 8, 2002
Sold by
Schue Juliet L
Bought by
Hatley John D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,100
Interest Rate
6.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 4, 1999
Sold by
Hatley John D
Bought by
Hatley John D and Schue Juliet L

Purchase Details

Closed on
Feb 14, 1995
Sold by
Hatley Merle
Bought by
Hatley Merle and Hatley John Daman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
9.23%
Mortgage Type
Commercial
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
Lee Ruben J $575,000 Fidelity National Title Co
Hatley Nicole Marie -- None Available
Hatley John D -- Fidelity National Title Co
Hatley John D -- First American Title Co
Hatley John D -- First American Title
Hatley Merle -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ruben J $345,000
Previous Owner Hatley John D $300,000
Previous Owner Hatley John D $148,100
Previous Owner Hatley Merle $122,000
Closed Hatley John D $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2017 07/27/17 Sold $575,000 0.0% $432 / Sq Ft
07/17/2017 07/17/17 Pending -- -- --
04/21/2017 04/21/17 For Sale $575,000 -- $432 / Sq Ft
Source: Bay Area Real Estate Information Services (BAREIS)

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 $9,977 $654,245 $381,169 $273,076
2024 $9,977 $641,418 $373,696 $267,722
2023 $9,977 $628,842 $366,369 $262,473
2022 $9,647 $616,513 $359,186 $257,327
2021 $9,361 $604,426 $352,144 $252,282
2020 $9,022 $598,230 $348,534 $249,696
2019 $8,674 $586,500 $341,700 $244,800
2018 $8,392 $575,000 $335,000 $240,000
2017 $3,235 $160,651 $53,546 $107,105
2016 $3,425 $157,502 $52,497 $105,005
2015 $3,497 $155,137 $51,709 $103,428
2014 $3,396 $152,099 $50,697 $101,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21708456

Bay Area Real Estate Information Services (BAREIS)

APN: 052-343-017

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