NOT LISTED FOR SALE
37 Beds
-- Bath
18,152 Sq Ft
0.76 Acres

Last Sold July 22, 2019

Last sale price $7,950,000 $438 Per Sq Ft

23 Days on Market

Highlights

  • 0.76 Acre Lot
  • Wood Flooring
  • Laundry Facilities
  • Healdsburg Elementary School Rated 9+
  • Central Heating and Cooling System

About This Home

As of July 2019

Acoma Court is a beautiful, turn-key, fully renovated 21-unit apartment property located in Healdsburg, CA. The property received a multi-million dollar renovation in 2017. With attractive debt options, this pride-of-ownership property should offer secure cash flow, with minimal capital expense for many years to come.

Last Agent to Sell the Property

John Garrett

Marcus & Millichap Real Estate License #01421403 Listed on: 05/20/2019

Last Buyer's Agent

John Garrett

Marcus & Millichap Real Estate License #01421403 Listed on: 05/20/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 0.76

Home Design

  • 18,152 Sq Ft Home
  • Garden Apartment
  • Slab Foundation

Flooring

  • Wood
  • Carpet
  • Tile

Parking

  • 10 Open Parking Spaces
  • 21 Carport Spaces

Utilities

  • Central Heating and Cooling System
  • Individual Gas Meter

Additional Features

  • Leased Washer and Dryer
  • 0.76 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 002-460-091-000

Community Details

Overview

  • 2 Buildings
  • 21 Units

Additional Features

  • Laundry Facilities
  • Gross Income $551,077

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments, Garden Apartments
  • Directions To Property: Hwy 101, exit east on Dry Creek Rd. Continue on to March Ave, turn left on Prentice Dr.
  • Lot Size Acres: 0.7576
  • CapRate: 4.25
  • Signs: No
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Tile, Wood
  • Price Per Square Foot: 437.97
  • Square Footage: 18152
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Slab
  • Roof: Other

Garage/Parking

  • Parking Features: Carport, Covered, Uncovered
  • Carport Spaces: 21
  • OpenParkingSpaces: 10

Utilities

  • Cooling: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Central
  • Laundry Features: Coin Operated, In Common Area, Washer/Dryer Leased
  • Separate Meters: Electricity, Gas

Lot Info

  • Assessor Parcel Number: 002-460-091-000
  • Lot Size Sq Ft: 33001

Building Info

  • Year Built: 1974

Rental Info

  • Sub Lease: Yes

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 1800-2035
  • Two Bedroom Annual Occupancy: 87
  • Two Bedroom Rent Range: 2035-2400
  • Number Of1 Bedrooms Occupied: 5
  • Number of 1 Bedroom Units: 5
  • Number Of2 Bedrooms Occupied: 14
  • NumberOfUnitsTotal: 21
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/22/2019 07/22/19 Sold $7,950,000 0.0% $438 / Sq Ft
06/12/2019 06/12/19 Pending -- -- --
05/20/2019 05/20/19 For Sale $7,950,000 +175.6% $438 / Sq Ft
02/27/2015 02/27/15 Sold $2,885,000 0.0% $171 / Sq Ft View Prior Sale
01/26/2015 01/26/15 Pending -- -- --
08/19/2014 08/19/14 For Sale $2,885,000 -- $171 / 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 $95,231 $8,477,163 $2,515,385 $5,961,778
2024 $95,231 $8,310,844 $2,466,064 $5,844,780
2023 $95,231 $8,147,912 $2,417,710 $5,730,202
2022 $92,640 $7,988,005 $2,370,304 $5,617,701
2021 $91,772 $7,831,511 $2,323,828 $5,507,683
2020 $37,386 $3,171,545 $972,558 $2,198,987
2019 $36,593 $3,109,381 $953,489 $2,155,892
2018 $35,873 $3,048,346 $934,794 $2,113,552
2017 $34,998 $2,989,071 $916,465 $2,072,606
2016 $33,126 $2,930,356 $898,496 $2,031,860
2015 $30,097 $2,668,038 $1,114,771 $1,553,267
2014 $30,009 $2,616,404 $1,092,935 $1,523,469
Source: Public Records

Agents Affiliated with this Home

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21912547

Bay Area Real Estate Information Services (BAREIS)
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