NOT LISTED FOR SALE

Estimated Value: $316,000 - $454,000

24 Beds
-- Bath
11,232 Sq Ft
$34/Sq Ft Est. Value

Last Sold October 06, 2014

Last sale price $2,150,000 $191 Per Sq Ft

Current estimated payment $1,993/month

161 Days on Market

About This Home

As of October 2014

This home since 28 April 2014 and is currently estimated at $385,000, approximately $34 per square foot. This property was built in 1962. This home is a home located in Sonoma County with nearby schools including Luther Burbank Elementary School, Elsie Allen High School, and Kid Street Charter School.

Last Agent to Sell the Property

Scott Gerber

Norcal Commercial License #01138762 Listed on: 04/28/2014

Last Buyer's Agent

Scott Gerber

Norcal Commercial License #01138762 Listed on: 04/28/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Lot Details

  • 0.59 Acre Lot
  • Corner Lot

Parking

  • 36 Open Parking Spaces

Home Design

  • 11,232 Sq Ft Home
  • Garden Apartment
  • Slab Foundation
  • Tile Roof

Utilities

  • Heating Available
  • Individual Gas Meter

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 010-471-003-000

Community Details

Overview

  • 2 Buildings
  • 21 Units

Building Details

  • Gross Income $232,260

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0.59 Acres

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Garden Apartments
  • Directions To Property: 101 North to Santa Rosa. Take Santa Rosa Ave exit.Take Corby Ave.Left on Barnham. Right on Dutton.
  • Lot Size Acres: 0.5900
  • CapRate: 5.82
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 191.42
  • Square Footage: 11232
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Slab
  • Lot Features: Corner
  • Roof: Tile

Garage/Parking

  • Parking Features: Uncovered
  • OpenParkingSpaces: 36

Utilities

  • Security Features: Smoke Detector
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Electric
  • Laundry Features: Other
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 010-471-003-000
  • Lot Size Sq Ft: 25700

Rental Info

  • TenantPays: Cable TV, Electricity, Gas

Building Info

  • Year Built: 1962

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 850-925
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 1025-1195
  • Number Of1 Bedrooms Occupied: 18
  • Number of 1 Bedroom Units: 18
  • Number Of2 Bedrooms Occupied: 3
  • NumberOfUnitsTotal: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2014
Closed on
Sep 19, 2014
Sold by
First Santa Rosa Llc
Bought by
Cit Ventures Llc
Seller's Agent
Scott Gerber
Norcal Commercial
Buyer's Agent
Scott Gerber
Norcal Commercial
List Price
$2,150,000
Sold Price
$2,150,000
Current Estimated Value
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,765,000
Avg. Annual Appreciation
-14.04%
Original Mortgage
$1,397,500
Outstanding Balance
$1,067,104
Interest Rate
4.07%
Mortgage Type
Stand Alone Second
Estimated Equity
-$682,104

Purchase Details

Closed on
Jan 23, 2012
Sold by
Tritex Real Estate Advisors Ii Inc
Bought by
First Santa Rosa L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2010
Sold by
Rubadeau James A and Rubadeau Joan K
Bought by
Fannie Mae

Purchase Details

Closed on
Oct 1, 2010
Sold by
Fannie Mae
Bought by
Tritex Real Estate Advisors Ii Inc
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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Purchase History

Date Buyer Sale Price Title Company
Cit Ventures Llc $2,150,000 Old Republic Title Company
First Santa Rosa L L C $1,000,000 First American Title Ins Co
Fannie Mae $1,420,123 First American Title Company
Tritex Real Estate Advisors Ii Inc $1,500,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cit Ventures Llc $1,397,500
Previous Owner First Santa Rosa L L C $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2014 10/06/14 Sold $2,150,000 0.0% $191 / Sq Ft
10/06/2014 10/06/14 Pending -- -- --
04/28/2014 04/28/14 For Sale $2,150,000 -- $191 / 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 $102 $6,003 $6,003 --
2024 $102 $5,886 $5,886 --
2023 $102 $5,771 $5,771 $0
2022 $96 $5,658 $5,658 $0
2021 $94 $5,548 $5,548 $0
2020 $94 $5,492 $5,492 $0
2019 $94 $5,385 $5,385 $0
2018 $93 $5,280 $5,280 $0
2017 $92 $5,177 $5,177 $0
2016 $79 $5,076 $5,076 $0
2015 -- $5,000 $5,000 $0
2014 -- $5,123 $5,123 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21409318

Bay Area Real Estate Information Services (BAREIS)

APN: 010-471-029

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