NOT LISTED FOR SALE

Estimated Value: $806,428

9 Beds
-- Bath
3,500 Sq Ft
$230/Sq Ft Est. Value

Last Sold December 16, 2014

Last sale price $500,000 $143 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,864/month

317 Days on Market

Highlights

  • 0.72 Acre Lot
  • View of Hills
  • Carpet

About This Home

As of December 2014

Excellent investment opportunity. Fully leased multi family property includes a two bedrroom freestanding cottage, three two bedroom units, two studios and one single bedroom unit on a large lot at the North end of Cloverdale a short distance from The Hamburger Ranch. Northern Cloverdale with easy freeway access

Last Agent to Sell the Property

William Severi

North Bay Property Advisors License #01000344 Listed on: 02/01/2014

Last Buyer's Agent

Julio Caceres

Luxe Places International License #01863748

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 0.72 Acre Lot

Home Design

  • Garden Apartment
  • Concrete Foundation
  • Composition Roof

Interior Spaces

  • 3,500 Sq Ft Home
  • Carpet
  • Views of Hills

Parking

  • 10 Open Parking Spaces
  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 001-151-024-000

Community Details

Overview

  • 2 Buildings
  • 7 Units

Building Details

  • Gross Income $58,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Garden Apartments
  • Directions To Property: Citrus Fair Exit North On Cloverdale Blvd Property on Right before on ramp
  • Lot Size Acres: 0.7200
  • CapRate: 6.00
  • Actual or Scheduled: Actual
  • Special Features: None
  • Stories: 0

Interior Features

  • Accessibility Features: Other
  • Flooring: Carpet, LVYN
  • Price Per Square Foot: 142.86
  • Square Footage: 3500
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Hills

Garage/Parking

  • Parking Features: Off Street, Uncovered
  • OpenParkingSpaces: 10

Utilities

  • Cooling: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating: Other
  • Laundry Features: Other
  • Separate Meters: None

Association/Amenities

  • Association Features: None

Lot Info

  • Assessor Parcel Number: 001-151-024-000
  • Lot Size Sq Ft: 31363

Rental Info

  • TenantPays: None

Building Info

  • Year Built: 1949

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 700
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 700-875
  • Number Of1 Bedrooms Occupied: 1
  • Number of 1 Bedroom Units: 1
  • Number Of2 Bedrooms Occupied: 4
  • Number of Studio Units: 2
  • NumberOfUnitsTotal: 7
  • Number Studios Occupied: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2017
Sold by
Caceres Alexandra
Bought by
Caceres Julio and Caceres Alexandra
Current Estimated Value
$806,428

Purchase Details

Listed on
Feb 1, 2014
Closed on
Dec 12, 2014
Sold by
Caceres Julio
Bought by
Caceres Alexandria
Seller's Agent
William Severi
North Bay Property Advisors
Buyer's Agent
Julio Caceres
Luxe Places International
List Price
$500,000
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%

Purchase Details

Listed on
Feb 1, 2014
Closed on
Dec 9, 2014
Sold by
Freitas William Joseph and Freitas Janet Mae
Bought by
Caceres Alexandra
Seller's Agent
William Severi
North Bay Property Advisors
Buyer's Agent
Julio Caceres
Luxe Places International
List Price
$500,000
Sold Price
$500,000

Purchase Details

Closed on
May 28, 2003
Sold by
Elliott Harland R
Bought by
Elliott Harland R and Harland R Elliott 2003 Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Caceres Julio -- None Available
Caceres Alexandria -- First American Title Company
Caceres Alexandra $500,000 First American Title Company
Elliott Harland R -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2014 12/16/14 Sold $500,000 0.0% $143 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
02/01/2014 02/01/14 For Sale $500,000 -- $143 / 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 $7,671 $600,912 $180,271 $420,641
2024 $7,671 $589,131 $176,737 $412,394
2023 $7,671 $577,580 $173,272 $404,308
2022 $7,528 $566,256 $169,875 $396,381
2021 $7,436 $555,154 $166,545 $388,609
2020 $7,414 $549,463 $164,838 $384,625
2019 $7,279 $538,690 $161,606 $377,084
2018 $6,863 $528,129 $158,438 $369,691
2017 $6,754 $517,775 $155,332 $362,443
2016 $6,637 $507,624 $152,287 $355,337
2015 -- $500,000 $150,000 $350,000
2014 -- $142,264 $40,644 $101,620
Source: Public Records

Agents Affiliated with this Home

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21402253

Bay Area Real Estate Information Services (BAREIS)

APN: 001-151-024