NOT LISTED FOR SALE

10 E Weimar Cross Rd Colfax, CA 95713

Estimated Value: $423,000 - $467,000

4 Beds
4 Baths
1,604 Sq Ft
$277/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $312,000 $195 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,706/month

257 Days on Market

Highlights

  • No HOA
  • Cottage
  • Carpet
  • Colfax High School Rated A-
  • Ceiling Fan

About This Home

As of December 2016

Great for Investors!!!! FOUR (4) individual units on flat large open areas to enjoy. Most units have long-time renters who prefer to stay .Some units have fenced areas. Close to post office & freeway access. Zoned residential/commercial.

Last Agent to Sell the Property

Fred Eichenhofer

Sierra Pacific Real Estate License #00920443 Listed on: 02/06/2016

Co-Listed By

Glenda Harrison

Sierra Pacific Real Estate License #00932970

Last Buyer's Agent

Gene Cain

Foothill Living Real Estate License #01134833

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,170

Year Built

  • Built in 1936

Lot Details

  • 1 Acre Lot

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Cottage
  • Cabin
  • Flat Roof Shape
  • Frame Construction
  • Composition Roof

Interior Spaces

  • Ceiling Fan
  • Fire and Smoke Detector
  • Free-Standing Electric Range

Flooring

  • Carpet
  • Laminate

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Wall Furnace
  • Heating System Uses Propane

Listing and Financial Details

  • Tenant pays for trash collection
  • Assessor Parcel Number 072-110-004-000

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 3 Units Leased Month-To-Month
  • Net Lease
  • Insurance Expense $2,091
  • Operating Expense $5,587

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,170

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Subtype 1: Quadruplex
  • Year Built: 1936
  • Architectural Style: Cabin, Cottage/Bungalow
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Free Standing Electric Range, Free Standing Refrigerator
  • Other Equipment: None
  • Flooring: Carpet, Laminate, Varies by Unit

Exterior Features

  • Construction Materials: Frame, Wood
  • Disclosures/Documents: None
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 329000.00
  • New Construction: No
  • Patio And Porch Features: Varies by Unit
  • Pool: No
  • Roof: Composition, Flat
  • Spa: No

Garage/Parking

  • Parking Features: Open

Utilities

  • Security: Smoke Detector
  • Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s), Varies by Unit
  • Heating: Propane, Wall Furnace

Condo/Co-op/Association

  • Association Features: Yard Space, Varies By Unit
  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Placer Union High

Lot Info

  • Zoning Description: C2-DC Res on Comm land
  • Lot Size Acres: 1.0000
  • Lot Size Sq Ft: 43560.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Trash Collection
  • Lease Expiration Date: 1800-01-011800-01-01
  • Lease Type: Net

Multi Family

  • Operating Expense: 5587
  • Income Includes: ["Rent Only"]
  • Total Number Section8: 1
  • Existing Lease Type: See Remarks
  • Insurance Expense: 2091
  • Number of Month to Month Units: 3
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 072-110-004-000
  • Current RE Taxes: 2170

MLS Schools

  • School District (County): Placer

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2016
Closed on
Dec 2, 2016
Sold by
Jones Mark Robin A
Bought by
Lee Arlen and Payne Jennifer
Seller's Agent
Fred Eichenhofer
Sierra Pacific Real Estate
Buyer's Agent
Gene Cain
Foothill Living Real Estate
List Price
$339,000
Sold Price
$312,000
Premium/Discount to List
-$27,000
-7.96%
Current Estimated Value
$444,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,987
Avg. Annual Appreciation
4.01%
Original Mortgage
$234,000
Outstanding Balance
$188,658
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$256,329

Purchase Details

Closed on
May 30, 2007
Sold by
Mark Robert L
Bought by
Mark Robert L and Jones Mark Robin A

Purchase Details

Closed on
May 4, 2005
Sold by
Mark Robert Lawrence
Bought by
Mark Robert L

Purchase Details

Closed on
Apr 5, 2005
Sold by
Jones Mark Robin A
Bought by
Mark Robert L

Purchase Details

Closed on
Nov 6, 1997
Sold by
Phillips Gabriella E
Bought by
Mark Robert Lawrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
7.26%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Arlen $312,000 Placer Title Company
Mark Robert L -- None Available
Mark Robert L -- Old Republic Title
Mark Robert L -- Old Republic Title
Mark Robert Lawrence $150,000 Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Arlen $234,000
Previous Owner Mark Robert Lawrence $108,500
Closed Mark Robert Lawrence $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2016 12/08/16 Sold $312,000 -8.0% $195 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
02/06/2016 02/06/16 For Sale $339,000 -- $211 / Sq Ft
Source: MetroList

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
2025 $4,401 $362,097 $116,056 $246,041
2023 $4,401 $348,038 $111,550 $236,488
2022 $4,230 $341,214 $109,363 $231,851
2021 $4,127 $334,524 $107,219 $227,305
2020 $4,066 $331,095 $106,120 $224,975
2019 $3,981 $324,604 $104,040 $220,564
2018 $3,664 $318,240 $102,000 $216,240
2017 $3,651 $312,000 $100,000 $212,000
2016 $2,225 $202,303 $91,710 $110,593
2015 $2,171 $199,265 $90,333 $108,932
2014 $2,138 $195,363 $88,564 $106,799
Source: Public Records

Agents Affiliated with this Home

  • Fred Eichenhofer

    Seller's Agent in 2016

    Fred Eichenhofer

    Sierra Pacific Real Estate

    (530) 878-6100

    7 in this area

    48 Total Sales

    Fred Eichenhofer
    Section Image

  • G

    Seller Co-Listing Agent in 2016

    Glenda Harrison

    Sierra Pacific Real Estate

  • Gene Cain

    Buyer's Agent in 2016

    Gene Cain

    Foothill Living Real Estate

    (530) 305-5982

    6 in this area

    34 Total Sales

    Gene Cain
    Section Image
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Map

Source: MetroList

MLS Number: 16005699

MetroList

APN: 072-110-004

California Placer County Colfax 95713

10 E Weimar Cross Rd, Colfax, CA

Not Listed for Sale

MultiFamily

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