NOT LISTED FOR SALE

Estimated Value: $1,508,000

10 Beds
8 Baths
6,643 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $1,448,000 $218 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $10,053/month

27 Days on Market

Highlights

  • 0.22 Acre Lot
  • Neighborhood Views
  • 2-minute walk to Drake Park
  • No HOA
  • Laundry Room

About This Home

As of October 2023

973 N. Park Circle is in the Willmore Historic District and has lots of potential. The property is located on a circular street and Drake Park is right out front with wonderful playgroup equipment for families, plus the added benefit of diagonal street parking right outside your door. The front building consists of 6 units all 1-bdrms varying in unit size. The Victorian building in the back consists of 2-2bdrms and one seems to be non-conforming per information on the assessor rolls. This is an excellent opportunity for a buyer to purchase an income producing property that has great potential.

Last Listed By

Kristie Pabst

Pabst, Kinney & Associates License #00804122 Listed on: 07/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,825

Year Built

  • Built in 1903

Lot Details

  • 9,546 Sq Ft Lot
  • Two or More Common Walls
  • Irregular Lot

Home Design

  • Apartment

Interior Spaces

  • 6,643 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 15 / E
  • Assessor Parcel Number 7271021010
  • $1,749 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 8 Units
  • Willmore District Subdivision

Amenities

  • Laundry Facilities

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $9,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,825

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 187250
  • Property Attached: Yes
  • Subdivision Name Other: Willmore District (WM)
  • View: Yes
  • Zoning: LBPD10
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 7271021010
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 217.97

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Lot Size Sq Ft: 9546.00
  • Lot Size Acres: 0.2191

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 9320.00
  • Gross Scheduled Income: 111840.00
  • Lot Size Area: 9546.0000 Square Feet
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Rent Control: No
  • Total Actual Rent: 5826.00

Tax Info

  • Tax Block: E
  • Tax Census Tract: 5758.01
  • Tax Lot: 15
  • Tax Tract Number: knoll
  • TaxOtherAnnualAssessmentAmount: 1749.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2023
Sold by
Cassandra Louise Bauer Living Trust
Bought by
Ewa Capital Llc
Total Days on Market
27
Current Estimated Value
$1,508,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,708,200
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2003
Sold by
Bauer Cassandra L
Bought by
Bauer Cassandra Louise and Cassandra Louise Bauer Living

Purchase Details

Closed on
Nov 14, 2002
Sold by
Young Patricia and Knutson Loyd E
Bought by
Bauer Cassandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.96%
Mortgage Type
Commercial

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
Ewa Capital Llc $1,448,000 Fidelity National Title
Bauer Cassandra Louise -- --
Bauer Cassandra L $369,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ewa Capital Llc $1,030,000
Previous Owner Ewa Capital Llc $1,708,200
Previous Owner Bauer Cassandra Louise $100,000
Previous Owner Bauer Cassandra L $249,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $1,448,000 -3.3% $218 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $1,498,000 -- $226 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $19,825 $1,448,000 $1,160,000 $288,000
2023 $8,209 $513,662 $297,899 $215,763
2022 $7,750 $503,591 $292,058 $211,533
2021 $7,543 $493,718 $286,332 $207,386
2020 $7,521 $489,737 $283,397 $206,340
2019 $7,436 $480,157 $277,841 $202,316
2018 $7,105 $470,765 $272,394 $198,371
2016 $6,522 $451,448 $261,817 $189,631
2015 $6,288 $444,668 $257,885 $186,783
2014 $6,281 $435,959 $252,834 $183,125
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23125779

California Regional Multiple Listing Service (CRMLS)

APN: 7271-021-010