25343 Madrone Dr

Beds
Baths
1,848 Sq. Ft.
$170 / Sq. Ft.
1,848
Sq. Ft.
$170
per Sq. Ft.

Description

Wonderful TRIPLEX investment opportunity in serene setting with lots of off street parking. All identical 1 bed 1 bath units with outside patios on large lot (14,907sf apr). All units rented. No sign on property. Please do not disturb tenants. All separate utilities, laundry hookups in each unit. Make offer (with preapproval letter) subject to inspection. Unit pictures on MLS are from #3 unit, all have same layout. Great for starter investors or owner occupy one unit and collect rent on others. Triplex...Wonderful TRIPLEX investment opportunity in serene setting with lots of off street parking. All identical 1 bed 1 bath units with outside patios on large lot (14,907sf apr). All units rented. No sign on property. Please do not disturb tenants. All separate utilities, laundry hookups in each unit. Make offer (with preapproval letter) subject to inspection. Unit pictures on MLS are from #3 unit, all have same layout. Great for starter investors or owner occupy one unit and collect rent on others. Triplex has professional management.

Property Details for 25343 Madrone Drive

MLS City Name
WILLITS
Building Type
TRIPLEX
Garage Spaces
0
Parking Spaces
6
LISTING UPDATED: 05/07/2021 05:57 PM

Property Details for 25343 Madrone Drive

StatusSold
MLS #ML81815124
Days on Compass176
Taxes$2,541 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / TRIPLEX
Year Built1990
Lot Size0.34 AC / 14,907 SF
CountyMendocino County

Location

Listing Courtesy of Keller Williams San Jose Gateway, C. Lee Mc Kim, DRE #00761704

Sold By Jazz Real Estate Ltd, Bruce Burman Jared Feldman, DRE #01915119

Add your commute

Building Information for 25343 Madrone Drive

Stories-Residences3Year Built1990Building Size-Lot Size0.34 AC / 14,907 SF

Payment Calculator

$1,738 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,527

Property Taxes

$212

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 25343 Madrone Drive

Features
Room Information
  • Kitchen: Cooktop - Electric, Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Electric, Refrigerator
Features
  • Communications: Other
  • Fireplace: No
  • Flooring: Carpet, Vinyl / Linoleum
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 1848
  • Pool: No
  • Security Features: None
  • Special Features: Grab Bars
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric
  • Sewer Septic: Community Sewer / Septic
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Common Parking Area, Guest / Visitor Parking, Off-Street Parking, Room for Oversized Vehicle
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Willits
  • Roof: Composition
  • Subclass: Triplex
  • Year Built Source: Other
  • Street Number: 25343
  • Street Name: Madrone
  • Street Suffix: Drive
  • Area ID: 25052
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 1848
  • Structure SqFt Source: Other
  • Age: 30
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R3
Location Information
  • City Limits: Yes
  • Directions: Hwy 101 to Willits, to Sherwood drive right on Daphne right on Madrone Dr
  • Incorporated: Yes
  • Parcel Number: 098-262-10-01
  • County Name: Mendocino
  • City Name: WILLITS
  • City Postal ID: 4585
  • Postal Code: 95490
  • Elementary School District: 2116
  • High School District Text: Willits Unified
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .34
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $2,541
  • Building Unit Total: 3
  • Capitalization Rate: 6.47
  • Tenant Expenses: Utilities - Gas, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $1,608
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $4,149
  • Operating Expenses Include: Maintenance, Services - Trash Removal
  • Gross Rent Multiplier: 12.94
  • Income Annual Gross: $25,500
  • Income Annual Rental: $25,500
  • Income Gross Scheduled: $25,500
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 1
  • Unit 1 Rent: $700
Unit 2 Information
  • Unit 2 Approx Square Footage: 616
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $700
Unit 3 Information
  • Unit 3 Approx Square Footage: 616
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 1
  • Unit 3 Rent: $725
Unit Type 1
  • Unit Type1 Approx SqFt: 616

Property History for 25343 Madrone Drive

DateEvent & SourcePriceAppreciation
May 5, 2021

Sold

MLSListings #ML81815124

$313,250
May 5, 2021

Sold

EBRD #ML81815124

$313,250
Apr 28, 2021

Sold (Public Record)

Public Record #697102373

$313,500

+12.8% / yr

Apr 4, 2021

Pending

EBRD #ML81815124

Apr 4, 2021

Pending

MLSListings #ML81815124

Jan 15, 2021

Price Change

EBRD #ML81815124

$329,888
Jan 15, 2021

Price Change

MLSListings #ML81815124

$329,888
Oct 10, 2020

Listed (Active)

EBRD #ML81815124

$349,888
Oct 10, 2020

Listed (Active)

MLSListings #ML81815124

$349,888
Oct 3, 2020

Listed (Active)

BAREIS #22024758

$329,888
Dec 12, 2019

Sold

REBAREIS #21920053

$265,000
Dec 11, 2019

Pending

REBAREIS #21920053

Dec 4, 2019

Sold (Public Record)

Public Record #659227740

$265,000

+2.3% / yr

Aug 2, 2019

Listed (Active)

REBAREIS #21920053

$265,000
Nov 1, 1990

Sold (Public Record)

Public Record #497231502

$135,000
DateEvent & SourcePrice
05/05/2021

Sold

MLSListings #ML81815124

$313,250
05/05/2021

Sold

EBRD #ML81815124

$313,250
04/28/2021

Sold (Public Record)

Public Record #697102373

$313,500

+12.8% / yr

04/04/2021

Pending

EBRD #ML81815124

04/04/2021

Pending

MLSListings #ML81815124

01/15/2021

Price Change

EBRD #ML81815124

$329,888
01/15/2021

Price Change

MLSListings #ML81815124

$329,888
10/10/2020

Listed (Active)

EBRD #ML81815124

$349,888
10/10/2020

Listed (Active)

MLSListings #ML81815124

$349,888
10/03/2020

Listed (Active)

BAREIS #22024758

$329,888
12/12/2019

Sold

REBAREIS #21920053

$265,000
12/11/2019

Pending

REBAREIS #21920053

12/04/2019

Sold (Public Record)

Public Record #659227740

$265,000

+2.3% / yr

08/02/2019

Listed (Active)

REBAREIS #21920053

$265,000
11/01/1990

Sold (Public Record)

Public Record #497231502

$135,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 25343 Madrone Drive

Taxable ValueLand$75,769Additions$258,700Total$334,469
Tax Record2024$3,848 ($321 / month)
Home Facts
Total Finished SqFt1,848 SqFtAbove Grade Finished SqFt1,848 SqFtLot Size14,810 SqFtStyleMulti-Family Dwelling (2-4)Year Built2000ZoningSRCountyMENDOCINOAPN098-262-10-01

Schools near 25343 Madrone Drive

This home is within Willits Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Brookside Elementary School
PublicK to 2

Blosser Lane Elementary School
Public3 to 5

Baechtel Grove Middle School
Public6 to 8

Willits High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams San Jose Gateway, C. Lee Mc Kim, DRE #00761704

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.