NOT LISTED FOR SALE

997 Litchfield Ave Sebastopol, CA 95472

Estimated Value: $1,177,204 - $1,419,000

4 Beds
7 Baths
2,556 Sq Ft
$512/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $1,040,000 $407 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,940/month

49 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Burning Stove
  • Private Yard
  • Park Side Elementary School Rated 9+
  • Corner Lot
  • Fireplace

About This Home

As of November 2020

Cash flow property $8250 a month!!THREE residences!!!in the heart of Sebastapol! The main, custom-built brick house is 4 bedrooms,2 bath and renovated brings in $3800 a month. A separate, detached, legally-permitted cottage operates as a popular Air b&b with a transferable license!. With one of the most desirable locations in town, this vacation rental brings in about $3500 a month! Keep it as a short-term rental or you can rent it out full-time! A third legal rental unit that space with a kitchenette and full bath brings in another $1,250 a month! Amazing! Each living space has its own private yard and patio, providing privacy, quiet, and tranquility for all! With such significant income, this home nearly pays for itself! A clean inspection report, move-in ready and renovated, fully paid solar panels! New roof! New jacuzzi! Amazing Gazeebo and back and front yard. Must see!also listed under MLS 22023841

Last Agent to Sell the Property

Noa Gold

Coldwell Banker Realty License #02047142 Listed on: 10/02/2020

Coldwell Banker Realty

Last Buyer's Agent

Noa Gold

Coldwell Banker Realty License #02047142 Listed on: 10/02/2020

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Private Yard

Home Design

  • Triplex
  • Craftsman Architecture
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 4 Bedrooms
  • 2,556 Sq Ft Home
  • Fireplace
  • Wood Burning Stove
  • Disposal

Parking

  • Garage
  • Off-Street Parking

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Kitchen
  • Accessible Doors
  • Accessible Parking

Additional Features

  • Solar Heating System
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 004-134-013-000

Community Details

Overview

  • 2 Buildings
  • 3 Units

Additional Features

  • Laundry Facilities
  • Gross Income $99,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0.25 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: Triplex
  • Directions To Property: Follow US-101 to CA-116 W/Gravenstein Hwy S in Cotati. Take exit 481B from US-101 N 42 min (43.5 mi) Follow CA-116 W/Gravenstein Hwy S to Litchfield Ave in Sebastopol
  • Lot Size Acres: 0.2500
  • CapRate: 6.88
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Craftsman
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Disposal, Free Standing Refrigerator
  • Accessibility Features: Accessible Doors, Accessible Full Bath, Accessible Kitchen, Parking, Other, ACCE
  • Price Per Square Foot: 406.89
  • Square Footage: 2556
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Lot Features: Corner, Shape Regular
  • Roof: Composition
  • ExteriorFeatures: Yard Space

Garage/Parking

  • Parking Features: Garage, Off Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central, Fireplace(s), Solar Heating, Wood Stove
  • Laundry Features: In Common Area, WSHD

Lot Info

  • Assessor Parcel Number: 004-134-013-000
  • Lot Size Sq Ft: 10890

Building Info

  • Year Built: 1961

Multi Family

  • NumberOfUnitsTotal: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 17, 2020
Sold by
Stuart Robin Maresa and Stuart Cypress Reiko
Bought by
Marini Lauren and Marini Matias
Seller's Agent
Noa Gold
Coldwell Banker Realty
Buyer's Agent
Noa Gold
Coldwell Banker Realty
List Price
$1,040,000
Sold Price
$1,040,000
Current Estimated Value
$1,309,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,051
Avg. Annual Appreciation
4.43%
Original Mortgage
$832,000
Outstanding Balance
$738,671
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$570,380

Purchase Details

Closed on
Jan 8, 2014
Sold by
Stuart Robin Maresa and Stuart Cypress Reiko
Bought by
Stuart Family Trust

Purchase Details

Closed on
Aug 16, 2005
Sold by
Stuart Robin
Bought by
Stuart Robin and Morodomi Cypress

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,000
Interest Rate
5.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 7, 2005
Sold by
Gio Adele and Gio Family Revocable Living Tr
Bought by
Stuart Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,200
Interest Rate
6.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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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
Marini Lauren $1,040,000 Old Republic Title Company
Stuart Family Trust -- None Available
Stuart Robin $313,636 Financial Title Company
Stuart Robin $649,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marini Lauren $832,000
Previous Owner Stuart Robin $626,000
Previous Owner Stuart Robin $519,200
Closed Stuart Robin $129,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $1,040,000 0.0% $407 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $1,040,000 -- $407 / 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 $13,547 $1,184,094 $450,291 $733,803
2024 $13,547 $1,103,655 $441,462 $662,193
2023 $13,547 $1,082,015 $432,806 $649,209
2022 $12,373 $1,060,800 $424,320 $636,480
2021 $12,307 $1,040,000 $416,000 $624,000
2020 $10,626 $909,253 $350,124 $559,129
2019 $10,394 $891,425 $343,259 $548,166
2018 $10,243 $873,947 $336,529 $537,418
2017 $9,776 $856,812 $329,931 $526,881
2016 $9,561 $840,012 $323,462 $516,550
2015 $9,254 $827,395 $318,604 $508,791
2014 $7,206 $637,000 $245,000 $392,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 22024185

Bay Area Real Estate Information Services (BAREIS)

APN: 004-134-013

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