NOT LISTED FOR SALE

908 Walnut Ave Sonoma, CA 95476

Estimated Value: $1,019,000 - $1,169,000

6 Beds
6 Baths
2,748 Sq Ft
$393/Sq Ft Est. Value

Last Sold July 17, 2015

Last sale price $735,000 $267 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,790/month

35 Days on Market

Highlights

  • Wood Flooring
  • Fireplace
  • 1-Story Property
  • Private Yard

About This Home

As of July 2015

Sonoma Investment Opportunity - Rare chance to own a residential income property in the Sonoma Valley! Well-maintained triplex is just minutes to the Square and shopping. Each unit features two bedrooms and one bath, and its own private yard. The three units all have open beam ceilings, hardwood flooring, and fireplaces in the main living areas. Each unit has its own washer and dryer hookups as well as individual metering for gas and electric.

Last Agent to Sell the Property

David Kerr

Corcoran Icon Properties License #01256761 Listed on: 06/02/2015

Co-Listed By

Rob Jones

Corcoran Icon Properties License #01866344

Last Buyer's Agent

Stefan Jezycki

Engel & Völkers Napa License #01199662

Engel & Völkers Napa

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,018

Year Built

  • Built in 1965

Lot Details

  • 0.26 Acre Lot
  • Private Yard

Home Design

  • Triplex
  • Concrete Foundation
  • Tar and Gravel Roof

Interior Spaces

  • 6 Bedrooms
  • 2,748 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Laundry in unit

Flooring

  • Wood
  • Carpet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Individual Gas Meter
  • Cable TV Available

Community Details

  • 3 Units
  • Gross Income $39,250

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 052-411-014-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,018

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Triplex
  • Directions To Property: Arnold to Walnut
  • Lot Size Acres: 0.2600
  • Stories: 1
  • CapRate: 3.90
  • Signs: Yes
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Ranch
  • Special Features: None

Interior Features

  • Flooring: Carpet, Wood
  • Price Per Square Foot: 267.47
  • Square Footage: 2748
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Shape Regular
  • Roof: Tar/Gravel
  • ExteriorFeatures: Yard Space

Garage/Parking

  • Parking Features: CAR7

Utilities

  • Security Features: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, PGEE
  • Water Source: Public
  • Heating: Fireplace(s)
  • Laundry Features: In Each Unit
  • Separate Meters: Electricity, Gas

Association/Amenities

  • Association Features: None

Lot Info

  • Assessor Parcel Number: 052-411-014-000
  • Lot Size Sq Ft: 11326

Rental Info

  • TenantPays: Electricity, Gas

Building Info

  • Year Built: 1965

Multi Family

  • NumberOfUnitsTotal: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2016
Sold by
Sadgehi Ali and Ali Sadeghi 2011 Trust
Bought by
Sadeghi Naz and The Naz Sadeghi 2011 Trust
Current Estimated Value
$1,080,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,650
Outstanding Balance
$363,544
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$706,124

Purchase Details

Listed on
Jun 2, 2015
Closed on
Sep 14, 2015
Sold by
Sadeghi Naz and Sadeghi Ali
Bought by
Sadeghi Ali and Ali Sadeghi 2011 Trust
Seller's Agent
David Kerr
Corcoran Icon Properties
Buyer's Agent
Stefan Jezycki
Engel & Völkers Napa
List Price
$735,000
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%

Purchase Details

Listed on
Jun 2, 2015
Closed on
Jun 15, 2015
Sold by
Klemm Roger W and Elliott Klemm Mary L
Bought by
Sadeghi Naz and Sadeghi Ali
Seller's Agent
David Kerr
Corcoran Icon Properties
Buyer's Agent
Stefan Jezycki
Engel & Völkers Napa
List Price
$735,000
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2013
Sold by
Klemm Roger W and Elliott Mary L
Bought by
Klemm Roger W and Elliott Klemm Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2009
Sold by
Elliott Klemm Mary L and Klemm Roger W
Bought by
Klemm Roger W and Elliott Mary L

Purchase Details

Closed on
Aug 7, 2009
Sold by
Klemm Mary Elliott
Bought by
Elliott Klemm Mary L and Klemm Roger W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2009
Sold by
Elliott James A
Bought by
Elliott Klemm Mary L and Klemm Roger W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2008
Sold by
Elliott Edgar and Elliott Living Trust
Bought by
Klemm Mary Elliott and Elliott James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.27%
Mortgage Type
Unknown
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
Sadeghi Naz $220,500 Ticor Title
Sadeghi Ali -- None Available
Sadeghi Naz $735,000 Fidelity National Title Co
Klemm Roger W -- Inter County Title Co
Klemm Roger W -- None Available
Elliott Klemm Mary L -- Chicago Title Company
Elliott Klemm Mary L $125,000 Chicago Title Company
Klemm Mary Elliott -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadeghi Naz $441,650
Previous Owner Sadeghi Naz $441,000
Previous Owner Klemm Roger W $180,000
Previous Owner Elliott Klemm Mary L $125,000
Previous Owner Klemm Mary Elliott $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2015 07/17/15 Sold $735,000 0.0% $267 / Sq Ft
07/07/2015 07/07/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $735,000 -- $267 / 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 $13,018 $870,083 $307,783 $562,300
2024 $13,018 $853,024 $301,749 $551,275
2023 $13,018 $836,299 $295,833 $540,466
2022 $12,538 $819,902 $290,033 $529,869
2021 $12,131 $803,827 $284,347 $519,480
2020 $12,059 $795,586 $281,432 $514,154
2019 $11,604 $779,987 $275,914 $504,073
2018 $11,546 $764,694 $270,504 $494,190
2017 $10,611 $749,700 $265,200 $484,500
2016 $10,705 $735,000 $260,000 $475,000
2015 -- $257,207 $63,563 $193,644
2014 -- $252,169 $62,318 $189,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21513147

Bay Area Real Estate Information Services (BAREIS)

APN: 052-411-014