NOT LISTED FOR SALE

Estimated Value: $762,000 - $846,094

8 Beds
8 Baths
3,600 Sq Ft
$220/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $767,500 $213 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,225/month

13 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • High Speed Internet
  • Tile Flooring
  • Ceiling Fan
  • 2-Story Property

About This Home

As of January 2023

INVESTMENT INCOME PROPERTY: Remodeled quadruplex on 1/4 acre+ lot with fully fenced backyard great for kids, BBQ, etc. 4 rental units - each is 900 SqFt w/ 2 bedrooms + 1-1/2 baths. Updated kitchens with granite counters, newer appliances. Hard-surface flooring includes tile and updated laminate. Primary bedroom in each unit has an attached half-bathroom. Washer and dryer in each unit! Good closet space. Large front lawn, also fenced. Good for young families, couples or singles to rent. Walking distance to several elementary schools, public parks, shopping, dining and services. Minutes to recreation areas on the American River and only 20 mi. to Folsom Lake. Private, off-street lot has 1 parking space per unit. Free, public, on-street parking is also available. Great commute location, 2 miles to I-50 or 5-10 min. walk to Mather Field/Mills Station Light rail. Quadruplex next door with the same floor plan also for sale! Inquire with the agent.

Last Agent to Sell the Property

Marc Palos

eXp Realty of California, Inc. License #01724079 Listed on: 12/08/2022

eXp Realty of California, Inc.

Last Buyer's Agent

Jason Johnson

HomeSmart ICARE Realty License #01831598

HomeSmart ICARE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,387

Year Built

  • Built in 1964

Lot Details

  • 0.26 Acre Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Laundry in unit

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 5 Parking Spaces
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected
  • Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 077-0182-002

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,387

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 2
  • Year Built: 1964
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Dishwasher, Disposal, Free Standing Electric Range
  • Flooring: Tile

Exterior Features

  • Construction Materials: Stucco, Frame
  • Foundation: Slab
  • Listing Price: 699000.00
  • Lot Features: Curb(s), Sidewalk
  • Roof: Composition

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 5.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected, Public Sewer
  • Utilities: Cable Available, Natural Gas Connected, City, Electric, Internet Available
  • Cooling: Ceiling Fan(s), Central
  • Electric: 220 Volts
  • Heating: Central, Natural Gas
  • Laundry Features: Washer/Dryer Owned, In Each Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD 20
  • Irrigation: Public District, Meter on Site
  • Lot Size Acres: 0.2580
  • Lot Size Sq Ft: 11238.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 077-0182-002
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2022
Closed on
Jan 10, 2023
Sold by
Peters-Khan Jean E
Bought by
Khan Noman A
Seller's Agent
Marc Palos
eXp Realty of California, Inc.
Buyer's Agent
Jason Johnson
HomeSmart ICARE Realty
List Price
$699,000
Sold Price
$767,500
Premium/Discount to List
$68,500
9.8%
Total Days on Market
13
Views
79
Current Estimated Value
$791,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,024
Avg. Annual Appreciation
1.31%
Original Mortgage
$555,000
Outstanding Balance
$540,402
Interest Rate
6.48%
Estimated Equity
$251,122

Purchase Details

Closed on
Sep 18, 2017
Sold by
Lipnosky Harry and Lipnosky Barbara
Bought by
Lipnosky Harry and Lipnosky Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2017
Sold by
Perez Jose Luis
Bought by
Lipnosky Harry and Lipnosky Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
Hernandez Esther
Bought by
Perez Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
7.65%
Mortgage Type
Balloon

Purchase Details

Closed on
May 23, 2007
Sold by
Gusman Michael
Bought by
Perez Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,000
Interest Rate
7.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 24, 2004
Sold by
Fukunaga Dennis and Fukunaga Mary
Bought by
Gusman Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,000
Interest Rate
2.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 8, 2003
Sold by
Dunn Patricia and Dunn Maurice
Bought by
Fukunaga Dennis and Fukunaga Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2000
Sold by
Self Cummings David L and Self Janet L
Bought by
Dunn Maurice and Dunn Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,350
Interest Rate
5%

Purchase Details

Closed on
Feb 26, 1997
Sold by
Home Svgs Of America Fsb
Bought by
Cummings David L and Self Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
7.86%

Purchase Details

Closed on
Dec 13, 1996
Sold by
Dumbauld John David
Bought by
Home Svgs Of America Fsb
Source: Public Records

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Range of Values:

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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
Khan Noman A -- Fidelity National Title Compan
Mohsin Khalid -- Fidelity National Title Compan
Ahmed Khalid -- Fidelity National Title Compan
Ahmed Khalid $767,500 Fidelity National Title Compan
Lipnosky Harry -- Accommodation
Lipnosky Harry $461,000 First American Title Company
Perez Jose Luis -- Placer Title Company
Perez Jose Luis $400,000 Placer Title Company
Gusman Michael $499,000 Chicago Title Co
Fukunaga Dennis -- Chicago Title Co
Fukunaga Dennis $385,000 Fidelity National Title Co
Dunn Maurice $164,000 Alliance Title Company
Cummings David L $93,500 Placer Title Company
Home Svgs Of America Fsb $76,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Khalid $555,000
Closed Ahmed Khalid $555,000
Previous Owner Lipnosky Harry $318,000
Previous Owner Perez Jose L $107,000
Previous Owner Perez Jose Luis $318,000
Previous Owner Fukunaga Dennis $314,000
Previous Owner Fukunaga Dennis $308,000
Previous Owner Dunn Maurice $50,000
Previous Owner Dunn Maurice $147,350
Previous Owner Cummings David L $74,700
Closed Fukunaga Dennis $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $767,500 +9.8% $213 / Sq Ft
12/21/2022 12/21/22 Pending -- -- --
12/08/2022 12/08/22 For Sale $699,000 -- $194 / 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
2024 $9,387 $782,850 $132,600 $650,250
2023 $6,130 $503,894 $82,022 $421,872
2022 $6,052 $494,014 $80,414 $413,600
2021 $5,934 $484,329 $78,838 $405,491
2020 $5,896 $479,364 $78,030 $401,334
2019 $5,801 $469,965 $76,500 $393,465
2018 $5,652 $460,750 $75,000 $385,750
2017 $7,882 $409,759 $86,047 $323,712
2016 $7,152 $362,619 $76,148 $286,471
2015 $6,463 $329,655 $69,226 $260,429
2014 $6,428 $310,996 $65,308 $245,688
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222145105

MetroList

APN: 077-0182-002