NOT LISTED FOR SALE

Santa Rosa, CA 95401

Cherry Street Neighborhood

Estimated Value: $561,000 - $579,694

-- Bed
3 Baths
1,404 Sq Ft
$406/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $455,000 $324 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,579/month

112 Days on Market

Highlights

  • Contemporary Architecture
  • Carpet
  • 4-minute walk to Old Courthouse Square
  • Santa Rosa High School Rated A-

About This Home

As of February 2019

Rare downtown Live/Work unit at Mendocino Place that is currently 8 months into a 3 year lease. Great cash flow and investment opportunity. Residential unit is in great shape and easy to rent. Within walking distance to downtown restaurants, shopping and more. Also listed as MLS #21828318.

Last Agent to Sell the Property

Adam Menconi

Prosper Real Estate License #01465886 Listed on: 11/05/2018

Prosper Real Estate

Last Buyer's Agent

Randy Tallariti

Artisan Sotheby's Int'l Realty License #01393329

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,722

Year Built

  • Built in 2006

Lot Details

  • 1,268 Sq Ft Lot

Parking

  • Off-Site Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • Carpet
  • Washer and Dryer Hookup

Utilities

  • 220 Volts
  • Individual Gas Meter
  • Separate Water Meter

Listing and Financial Details

  • Tenant pays for electricity, gas, sewer, water
  • Assessor Parcel Number 010-790-008-000

Community Details

Overview

  • 2 Units
  • Planned Unit Development

Building Details

  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,722

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: Duplex
  • Subtype Description: Planned Unit Develop
  • Directions To Property: Park in 7th St garage across from Best of Burma restaurant and walk to courtyard just East of garage
  • Lot Size Acres: 0.0291
  • CapRate: 6.30
  • Actual or Scheduled: Scheduled
  • ArchitecturalStyle: Contemporary
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: OVFR
  • Flooring: Carpet
  • Price Per Square Foot: 324.07
  • Square Footage: 1404
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Slab
  • Lot Features: CITY
  • Roof: Composition

Garage/Parking

  • Parking Features: CR12, Offsite

Utilities

  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer/Dryer Hookups
  • Separate Meters: Electricity, Gas, Water

Association/Amenities

  • Unit: A

Lot Info

  • Assessor Parcel Number: 010-790-008-000
  • Lot Size Sq Ft: 1268

Rental Info

  • TenantPays: Electricity, Gas, Sewer, Water

Building Info

  • Year Built: 2006

Multi Family

  • NumberOfUnitsTotal: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2018
Closed on
Feb 22, 2019
Sold by
Mrf Development Inc
Bought by
Khodayari Faramarz
Seller's Agent
Adam Menconi
Prosper Real Estate
Buyer's Agent
Randy Tallariti
Artisan Sotheby's Int'l Realty
List Price
$455,000
Sold Price
$455,000
Current Estimated Value
$570,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,347
Avg. Annual Appreciation
3.54%
Original Mortgage
$318,500
Outstanding Balance
$285,243
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$285,104
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
Khodayari Faramarz $455,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khodayari Faramarz $318,500
Previous Owner Mrf Development Inc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2019 02/27/19 Sold $455,000 0.0% $324 / Sq Ft
02/25/2019 02/25/19 Pending -- -- --
11/05/2018 11/05/18 For Sale $455,000 -- $324 / 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 $5,722 $507,558 $100,395 $407,163
2024 $5,722 $497,607 $98,427 $399,180
2023 $5,722 $487,851 $96,498 $391,353
2022 $5,285 $478,286 $94,606 $383,680
2021 $5,221 $468,908 $92,751 $376,157
2020 $5,210 $464,100 $91,800 $372,300
2019 $3,024 $264,141 $75,485 $188,656
2018 $3,007 $258,962 $74,005 $184,957
2017 $2,952 $253,885 $72,554 $181,331
2016 $2,926 $248,908 $71,132 $177,776
2015 -- $237,000 $68,000 $169,000
2014 $2,965 $237,000 $68,000 $169,000
Source: Public Records

Agents Affiliated with this Home

  • Adam Menconi

    Seller's Agent in 2019

    Adam Menconi

    Prosper Real Estate

    (707) 396-2687

    2 in this area

    266 Total Sales

    Adam Menconi
    Section Image
  • Randy Tallariti

    Buyer's Agent in 2019

    Randy Tallariti

    Artisan Sotheby's Int'l Realty

    (707) 824-4273

    58 Total Sales

    Randy Tallariti
    Section Image
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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21829399

Bay Area Real Estate Information Services (BAREIS)

APN: 010-790-008

California Sonoma County Santa Rosa 95401

Cherry Street

This home since 05 November 2018 and is currently estimated at $570,347, approximately $406 per square foot. This property was built in 2006. This home is a home located in Sonoma County with nearby schools including Steele Lane Elementary School, Santa Rosa Middle School, and Santa Rosa High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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