NOT LISTED FOR SALE

Estimated Value: $515,000 - $589,632

2 Beds
2 Baths
960 Sq Ft
$577/Sq Ft Est. Value

Last Sold November 08, 2024

Last sale price $550,000 $573 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,533/month

5 Days on Market

About This Home

As of November 2024

Welcome to this charming duplex located in the heart of Southwest Santa Rosa! Each unit offers a cozy 1 bedroom, 1 bathroom layout, perfect for small families or individuals. Ideally situated close to shopping centers, Highway 12, and Highway 101, commuting and running errands is a breeze. Both units feature their own attached garage with additional parking, providing convenience and security. Enjoy the privacy of spacious, separate backyardsideal for outdoor gatherings or simply relaxing. Modern amenities include tankless water heaters for efficiency and well-maintained interiors. Dont miss this investment opportunity!

Last Listed By

Linh Truong-Rumer

KW Bay Area Estates License #01774071 Listed on: 10/23/2024

KW Bay Area Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,357

Year Built

  • 1957

Lot Details

  • 7,200

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property

Additional Features

  • 7,200 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $43,500

Community Details

Overview

Building Details

  • 2 Leased Units
  • Manager Expense $3,045
  • Operating Expense $8,401
  • Gross Income $43,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,357

Year Built

1957

Lot Details

0

Parking

2

Listing Details

  • Zoning: R15UA
  • Subclass: Duplex
  • Age: 67
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 960
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1957

Interior Features

  • Living Sq Ft: 960
  • Stories: 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Santa Rosa High

Lot Info

  • Lot Acres: 0.1653
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7200.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7200.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 13.77
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Management: 3045
  • Expenses Total: 8401
  • Income Annual Gross: 43500.00
  • Income Annual Rental: 43500
  • Income Gross Scheduled: 43500
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management
  • Tenant Expenses: Services - Gardener/Landscaping, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Nov 6, 2024
Sold by
Beatrice V Chapman 2023 Living Trust and Schmierer Michael
Bought by
Osullivan Living Trust and Osullivan
Seller's Agent
Linh Truong-Rumer
KW Bay Area Estates
Buyer's Agent
Angelita Morales
West Cal Financial
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Total Days on Market
5
Views
115
Current Estimated Value
$554,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,158
Avg. Annual Appreciation
1.26%

Purchase Details

Closed on
Apr 19, 2024
Sold by
Chapman Beatrice Virginia
Bought by
Beatrice V Chapman 2023 Living Trust and Wolcott

Purchase Details

Closed on
Aug 31, 2023
Sold by
Chapman Beatrice V
Bought by
Beatrice V Chapman 2023 Living Trust and Chapman

Purchase Details

Listed on
Mar 21, 2015
Closed on
Jul 7, 2015
Sold by
Mcnutt Jeremy A
Bought by
Chapman Beatrice V
Seller's Agent
Jeff Komar
Real Equity Real Estate
Buyer's Agent
Spiro Stratigos
Corcoran Icon Properties
List Price
$399,000
Sold Price
$399,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$299,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2014
Sold by
Bradle Leah and Joan L Schefer Trust
Bought by
Mcnutt Jeremy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage

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
Osullivan Living Trust $550,000 Orange Coast Title
Beatrice V Chapman 2023 Living Trust -- None Listed On Document
Chapman Beatrice V $399,000 Old Republic Title Company
Mcnutt Jeremy A $235,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chapman Beatrice V $299,250
Previous Owner Mcnutt Jeremy A $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2024 11/08/24 Sold $550,000 -8.2% $573 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $599,000 +50.1% $624 / Sq Ft
07/14/2015 07/14/15 Sold $399,000 0.0% $416 / Sq Ft
07/09/2015 07/09/15 Pending -- -- --
03/21/2015 03/21/15 For Sale $399,000 -- $416 / Sq Ft
Source: MLSListings

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
2023 $5,357 $453,989 $182,050 $271,939
2022 $4,948 $445,088 $178,481 $266,607
2021 $4,889 $436,362 $174,982 $261,380
2020 $4,878 $431,888 $173,188 $258,700
2019 $4,853 $423,421 $169,793 $253,628
2018 $4,826 $415,119 $166,464 $248,655
2017 $4,740 $406,980 $163,200 $243,780
2016 $4,705 $399,000 $160,000 $239,000
2015 -- $235,000 $94,000 $141,000
2014 -- $51,934 $18,606 $33,328
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81984619

MLSListings

APN: 037-112-025