NOT LISTED FOR SALE

Estimated Value: $2,416,000 - $3,064,000

8 Beds
10 Baths
8,400 Sq Ft
$326/Sq Ft Est. Value

Last Sold January 10, 2025

Last sale price $2,750,000 $327 Per Sq Ft

Current estimated payment $15,387/month

191 Days on Market

Highlights

  • 0.51 Acre Lot
  • Heating System Uses Steam
  • 2-minute walk to Fremont Park
  • Landscaped
  • Laundry Facilities

About This Home

As of January 2025

Rare opportunity to own these charming 1930's boutique apartments in Downtown Santa Rosa's redevelopment area with NMU (neighborhood mixed use), offering a variety of opportunities. 3 Parcels are being sold together, 2 residential lots, each with 4 units on them & 1 vacant undeveloped lot. Less than 1 mile to the Smart Train, Old CourtHouse Square and Russian River Brewing. Each of the 2 buildings boast 4 spacious 1,000+/- SQFT apartments. Each apartment features beautifully refinished hardwood floors, updated kitchen and bath, formal dining rooms, walk-in closets & shared laundry. The apartments have been thoughtfully updated while maintaining charming historic features when possible. In some units you'll find a shoe shining kit, a milk door, telephone nook, original cabinetry, windows & more. There is ample free parking behind the buildings. The apartments can be sold furnished. Beautiful mature trees can be found on the property including Oaks, fig trees & an impressive fruitful avocado tree.

Last Listed By

Mary Haufler

Artisan Sotheby's Int'l Realty License #01471644 Listed on: 05/20/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,471

Year Built

  • Built in 1931 | Remodeled

Lot Details

  • 0.51 Acre Lot
  • Landscaped

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Elastomeric Roof
  • Stucco

Interior Spaces

  • 8,400 Sq Ft Home
  • 2-Story Property

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 009-061-005-000

Community Details

Overview

  • 2 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,471

Year Built

Built in 1931 | Remodeled

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: E St to 4th St
  • Lot Size Acres: 0.5075
  • Levels: Two
  • Actual or Scheduled: Scheduled
  • Special Features: None

Interior Features

  • Square Footage: 8400.00
  • NumberOfBuildings: 2

Exterior Features

  • Construction Materials: Stucco
  • Foundation: Concrete Perimeter
  • Lot Features: Landscape Front
  • Property Condition: Updated/Remodeled
  • Roof: Elastomeric, Flat

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 8.00

Utilities

  • Cooling: None
  • Security Features: Carbon Mon Detector, Fire Alarm, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electric, Natural Gas Connected
  • Water Source: Public
  • Heating: Steam
  • Laundry Features: In Common Area
  • Separate Meters: Electricity

Lot Info

  • Assessor Parcel Number: 009-061-005-000
  • Lot Size Sq Ft: 22105.00

Building Info

  • Year Built: 1931

Multi Family

  • One Bedroom Annual Occupancy: 90
  • 1 Bedroom Rent Range: $1,875-$2,400
  • Number Of1 Bedrooms Occupied: 7
  • Number of 1 Bedroom Units: 8
  • NumberOfUnitsTotal: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jan 7, 2025
Sold by
Wicks Pink Palace Llc
Bought by
826 Fourth Street Llc
Seller's Agent
Mary Haufler
Artisan Sotheby's Int'l Realty
Buyer's Agent
Nick Abbott
North Bay Property Advisors
List Price
$3,300,000
Sold Price
$2,750,000
Premium/Discount to List
-$550,000
-16.67%
Total Days on Market
191
Views
50
Current Estimated Value
$2,740,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,000
Avg. Annual Appreciation
-1.25%
Original Mortgage
$1,850,000
Outstanding Balance
$1,848,426
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$891,574

Purchase Details

Closed on
Feb 19, 2019
Sold by
Wick Ivan E and Wick Patti A
Bought by
Wick S Pink Palace Llc

Purchase Details

Closed on
Feb 27, 2012
Sold by
Wick Ivan E and Cabral Julie Wick
Bought by
Wick Ivan E and Wick Patti A

Purchase Details

Closed on
Dec 29, 2008
Sold by
Wick Ivan E and Wick Cabral Julie
Bought by
Wick Ivan E and Wick Cabral Julie

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
826 Fourth Street Llc $2,750,000 Fidelity National Title Compan
Wick S Pink Palace Llc -- None Available
Wick Ivan E -- None Available
Wick Ivan E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 826 Fourth Street Llc $1,850,000
Previous Owner Wick H Ward H $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2025 01/10/25 Sold $2,750,000 -11.3% $327 / Sq Ft
09/09/2024 09/09/24 Price Changed $3,100,000 -6.1% $369 / Sq Ft
05/20/2024 05/20/24 For Sale $3,300,000 -- $393 / 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
2023 $1,471 $116,611 $72,568 $44,043
2022 $1,362 $114,326 $71,146 $43,180
2021 $1,345 $112,085 $69,751 $42,334
2020 $1,342 $110,936 $69,036 $41,900
2019 $1,334 $108,762 $67,683 $41,079
2018 $1,326 $106,630 $66,356 $40,274
2017 $1,303 $104,540 $65,055 $39,485
2016 $1,284 $102,491 $63,780 $38,711
2015 $1,247 $100,952 $62,822 $38,130
2014 $1,175 $98,976 $61,592 $37,384
Source: Public Records

Agents Affiliated with this Home

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Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 324036450

Bay Area Real Estate Information Services (BAREIS)

APN: 009-061-005