$550,000
SOLD OCT 26, 2018
8 Beds
8 Baths
3,560 Sq Ft
0.26 Acres

Recently Sold

$154 Per Sq Ft

7 Days on Market

Highlights

  • No HOA
  • Double Pane Windows
  • Central Heating and Cooling System

About This Home

As of August 2020

Great investment opportunity with over $50,000 projected annual rent! Professionally managed fourplex with two units recently renovated (with new paint, carpet, and more) and with newly increased market rents! Completely rebuilt in 2005, each unit features 2 bedrooms, 1.5 baths, newer kitchens, inside laundry, central HVAC system, dual pane windows and off street parking. Situated in close proximity to freeways and shopping. PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Chris Firenze

Florence Real Estate License #01855264 Listed on: 09/05/2018

Last Buyer's Agent

Joelle Fondale

Keller Williams Realty Folsom License #01809618

Keller Williams Realty Folsom

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,066

Year Built

  • Built in 2005

Lot Details

  • 0.26 Acre Lot

Parking

  • Open Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Double Pane Windows
  • Built-In Gas Range

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 077-0184-002-0000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 2 Leased Units
  • 2 Vacant Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,066

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 2005
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2005

Interior Features

  • Appliances: Built-In Gas Range
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: CC&Rs,Rental/Lease Agmts,None
  • Listing Price: 549900.00
  • Roof: Composition

Garage/Parking

  • Parking Features: Open

Utilities

  • Utilities: Cable Available
  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Features: None
  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD 20
  • Lot Size Acres: 0.2576
  • Lot Size Sq Ft: 11221

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 2

Multi Family

  • Gross Income: 50280
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 4
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 077-0184-002-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 5, 2020
Sold by
Baltar Dawn and Fondale Joelle D
Bought by
Varadarajan Gayathri
Seller's Agent
Joelle Fondale
Keller Williams Realty Folsom
Buyer's Agent
Mark Gilkey
eXp Realty of Northern California, Inc.
List Price
$610,000
Sold Price
$630,000
Premium/Discount to List
$20,000
3.28%
Current Estimated Value
$763,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,215
Avg. Annual Appreciation
4.80%
Original Mortgage
$441,000
Outstanding Balance
$393,655
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$402,071

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 3, 2020
Sold by
Marathe Sandeep C
Bought by
Varadarajan Gayathri
Seller's Agent
Joelle Fondale
Keller Williams Realty Folsom
Buyer's Agent
Mark Gilkey
eXp Realty of Northern California, Inc.
List Price
$610,000
Sold Price
$630,000
Premium/Discount to List
$20,000
3.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Outstanding Balance
$393,655
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$402,071

Purchase Details

Closed on
Jun 15, 2019
Sold by
Baltar Robert
Bought by
Baltar Dawn and Fondale Joelle D

Purchase Details

Closed on
Apr 9, 2019
Sold by
Baltar Dawn and Fondale Joelle D
Bought by
Db & Jf Properties Llc

Purchase Details

Closed on
Feb 5, 2019
Sold by
Fondale Joelle and Baltar Dawn
Bought by
Baltar Robert and Baltar Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2018
Closed on
Dec 4, 2018
Sold by
Baltar Robert
Bought by
Baltar Dawn
Seller's Agent
Chris Firenze
Florence Real Estate
Buyer's Agent
Joelle Fondale
Keller Williams Realty Folsom
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%
Original Mortgage
$375,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2018
Closed on
Oct 15, 2018
Sold by
Fixzyn Inc
Bought by
Baltar Robert and Baltar Dawn
Seller's Agent
Chris Firenze
Florence Real Estate
Buyer's Agent
Joelle Fondale
Keller Williams Realty Folsom
List Price
$549,900
Sold Price
$550,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2018
Sold by
Prasad Rohini L and Prasad Ram R
Bought by
Fixzyn Inc

Purchase Details

Closed on
Jun 25, 1999
Sold by
Hall C Robert
Bought by
Prasad Ram R and Prasad Rohini L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,500
Interest Rate
7.4%
Source: Public Records

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 Type Sale Price Title Company
Grant Deed $630,000 Placer Title Company
Interfamily Deed Transfer -- Placer Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Placer Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $550,000 Stewart Title Of Sacramento
Grant Deed $375,000 Stewart Title Of Sacramento
Grant Deed $134,000 Placer Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $441,000 New Conventional
Previous Owner $378,000 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $100,500 No Value Available
Closed $20,100 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $630,000 +3.3% $177 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $610,000 +10.9% $171 / Sq Ft
10/26/2018 10/26/18 Sold $550,000 0.0% $154 / Sq Ft
09/12/2018 09/12/18 Pending -- -- --
09/05/2018 09/05/18 For Sale $549,900 -- $154 / 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 $8,066 $681,930 $162,364 $519,566
2024 $8,066 $668,560 $159,181 $509,379
2023 $7,906 $655,452 $156,060 $499,392
2022 $7,807 $642,600 $153,000 $489,600
2021 $7,656 $630,000 $150,000 $480,000
2020 $6,869 $561,000 $122,400 $438,600
2019 $6,760 $550,000 $120,000 $430,000
2018 $5,653 $460,000 $75,000 $385,000
2017 $5,042 $410,925 $85,757 $325,168
2016 $4,459 $363,652 $75,892 $287,760
2015 $3,915 $330,593 $68,993 $261,600
2014 $4,015 $311,880 $65,088 $246,792
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 18061667

MetroList

APN: 077-0184-002