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8385 Lakewood Avenue

8385 Lakewood Avenue, Cotati, CA 94931
Property in Sonoma
Sold Mar 31, 2011
$240,000
$180,000 by Stearns Lending Inc
Mortgage Due Apr 01, 2041
Sold Nov 26, 2003
$364,000
$273,750 by Western Pacific Loans Inc
Mortgage Due Dec 01, 2033
8385 Lakewood Avenue has been categorized by the local assessors in Cotati, CA as a residential type of property. The building on the property was first built in 1972 and is 52 years old. However, we must point out that the home was most recently renovated and altered in 1973. The home has a total of 4 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8385 Lakewood Avenue has 1,120 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,662 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 456 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing no heating system and being fueled with nothing. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 8385 Lakewood Avenue sold most recently in Mar 9, 2011 for a total of $240,000. If you work out the math, that's approximately a cost of $152.28 per sqft. Before that, the property was also sold for $364,000 in Nov 12, 2003. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,785 in taxes each year. 8385 Lakewood Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $295,529. If we break it down further, the land itself was valued at $118,211. Improvements to the property, however, were assessed at a total of $177,318. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1973
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 456
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,662
  • Total Building Area: 1,576
  • Gross Building Area: 1,576
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: None
  • Heated Square Feet: 1,120
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COTATI HOLIDAY PARK SUB
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: COTATI HOLIDAY PARK SUB #1 LOT 26

Ownership

  • Current Owner : FONSECA PAUL V
  • Current Owner 2: FONSECA TERESA A
  • Previous Owner : PALLADINO TERRI
  • Previous Owner 2: 2007 PALLADINO FAMILY TRUST
  • Owner Before Previous Owner: NYMAN BEN
  • Owner Before Previous Owner 2: NYMAN ELLA W
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Cotati-Rohnert Park Unified School District
  • Census Tract: 151203

Zoning

  • Zoning: CITYCO

Geography

  • Assessors Map Reference: 164-F3
  • Parcel: 144-503-012
  • Lot: 26
  • Latitude: 38.327
  • Longitude: -122.697

    Address

  • Full Address: 8385 Lakewood Ave
  • Address - House Number: 8385
  • Address - Street Name: Lakewood
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Cotati
  • Carrier Code: C024
  • 4-Digit Zip Code: 4412
  • Zip Code: 94931

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,785
  • Tax Rate Code Area: 008002

    Appraisal Valuation

  • Standard Deviation: 0.2344
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 67
  • Final Value: 643,749
  • High Value: 794,648
  • Low Value: 492,849

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $180,000
  • First Open Lien Mortgage Lender: STEARNS LENDING INC
  • First Open Lien Mortgage Recording Date: Mar 31, 2011
  • First Open Lien Mortgage Loan Amount: $180,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,529
  • Assessed Land Value: $118,211
  • Assessed Improvements Value: $177,318

    Sales

  • Current Sale Contract Date: Mar 09, 2011
  • Current Sale Recording Date: Mar 31, 2011
  • Current Sale Transaction ID: 1057012562
  • Current Sale Price: $240,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2011028745
  • Previous Sale Recording Date: Nov 26, 2003
  • Previous Sale Contract Date: Nov 12, 2003
  • Previous Sale Amount: $364,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING INC
  • First Mortgage Transaction Date: Mar 31, 2011
  • First Mortgage Loan Amount: $180,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: WESTERN PACIFIC LOANS INC
  • Previous Mortgage Transaction Date: Nov 26, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $273,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2033

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Frequently Asked Questions

What neighborhood is 8385 Lakewood Avenue located in?
The 8385 Lakewood Avenue is a located in the neighborhood of Sonoma in Cotati, Cotati.
What is the average sales price for listings in 8385 Lakewood Avenue?
The average sales price for units in 8385 Lakewood Avenue is $0 currently.

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