J
Seller's Agent in 2023
Jeffrey Schween
Compass
Estimated Value: $497,000 - $893,000
We are pleased to bring to market a fabulous investment opportunity in Central Santa Rosa. Rarely do you find two independent homes in a duplex offering. This property was built in 1990 and consists of 2 totally independent homes along with a detached 2-car garage (each home uses 1 space) hosted by a robust driveway to accommodate onsite parking needs. The forward home has been further divided into a 2br/1ba+office and a 1br/1ba unit while the second home is a pure 3br/3ba home with a large rear yard. Tenants would like to remain and have been in place for sometime. The homes feature integrated heating and ducting, dual pane windows and doors. With annual current income of $61,680 and existing CAP rate of 4.5+% this property works well for an investor now, while offering current potential for a rent raise to market rents that could push the CAP rate near 6%. Line up your future with a quality real estate investment today!
Last Agent to Sell the Property
Jeffrey Schween
Compass License #01098851 Listed on: 08/10/2022
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Huth Trust | $795,000 | Doma Title | |
| Devine Brendan P | -- | Fidelity National Title Co | |
| Devine Thao D | $690,000 | Fidelity National Title Co | |
| Sikes Jacob | -- | New Century Title Co | |
| Sikes Jacob | $510,000 | Fidelity Natl Title Co | |
| Hord Kenneth James | -- | Chicago Title Co |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Devine Thao D | $517,500 | |
| Previous Owner | Sikes Jacob | $457,500 | |
| Previous Owner | Sikes Jacob | $408,000 | |
| Closed | Sikes Jacob | $46,500 | |
| Closed | Sikes Jacob | $91,500 |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/16/2023 03/16/23 | Sold | $795,000 | -6.3% | $283 / Sq Ft |
| 09/24/2022 09/24/22 | Pending | -- | -- | -- |
| 08/10/2022 08/10/22 | For Sale | $848,000 | -- | $301 / Sq Ft |
| 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 | $9,343 | $827,117 | $330,847 | $496,270 |
| 2024 | $9,343 | $810,900 | $324,360 | $486,540 |
| 2023 | $9,343 | $769,703 | $307,881 | $461,822 |
| 2022 | $8,528 | $754,612 | $301,845 | $452,767 |
| 2021 | $8,421 | $739,817 | $295,927 | $443,890 |
| 2020 | $8,199 | $732,232 | $292,893 | $439,339 |
| 2019 | $8,100 | $717,875 | $287,150 | $430,725 |
| 2018 | $8,029 | $703,800 | $281,520 | $422,280 |
| 2017 | $7,858 | $690,000 | $276,000 | $414,000 |
| 2016 | $7,075 | $612,523 | $240,203 | $372,320 |
| 2015 | -- | $533,000 | $209,000 | $324,000 |
| 2014 | -- | $443,000 | $174,000 | $269,000 |
J
Seller's Agent in 2023
Jeffrey Schween
Compass
Buyer's Agent in 2023
Judy Chen
Keller Williams Realty
(707) 486-6802
135 Total Sales
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 322075184
APN: 125-281-012