NOT LISTED FOR SALE

Estimated Value: $413,000 - $518,000

4 Beds
2 Baths
-- Sq Ft
6,534 Sq Ft Lot

Last Sold February 29, 2012

Last sale price $103,800

Est. 358% increase in value since last sale

Current estimated payment $2,740/month

117 Days on Market

Highlights

  • No HOA
  • Covered patio or porch
  • 1-Story Property

About This Home

As of February 2012

Buyer fell thru----Both units are 2 bedroom, 1 bath, 1 car garage. Both have Fireplaces, fenced back yards and covered patios with exterior storage under the patios. Newer roof. GREAT investment and monthly income when rented. A great chance that this property will show a positive on rent.

Last Agent to Sell the Property

Danny Shaffer

Re/Max Gold Fair Oaks License #00355333 Listed on: 09/16/2011

Last Buyer's Agent

Ed Anderson

Realty World-One Source License #00640942

Realty World-One Source

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,635

Year Built

  • Built in 1961

Lot Details

  • 6,534

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Fixer Upper

Additional Features

  • 1-Story Property
  • Covered patio or porch
  • 6,534 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 077-0173-011-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Cordova Meadows 12 Subdivision

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,635

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Duplex
  • Year Built: 1961
  • Architectural Style: Ranch
  • Stories: 1
  • Subdivision: Cordova Meadows 12
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Electric Oven,Built-In Electric Range,Disposal
  • Other Equipment: None
  • Flooring: Carpet,Tile,Linoleum/Vinyl

Exterior Features

  • Construction Materials: Frame,Stucco
  • Disclosures/Documents: None
  • Listing Price: 114900.00
  • Patio And Porch Features: Covered Patio
  • Property Condition: Fixer
  • Roof: Flat,See Remarks

Garage/Parking

  • Open Parking Spaces: 2
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Garage,Street

Utilities

  • Cooling: Ceiling Fan(s),Wall Unit(s)
  • Heating: Wall Furnace

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: Rd10
  • Lot Size Acres: 0.1500
  • Lot Dimensions: 60x109
  • Lot Size Sq Ft: 6534

Rental Info

  • Tenant Pays: See Remarks
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Existing Lease Type: See Remarks
  • Number of Units: 2
  • Number of Vacant Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 077-0173-011-0000

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2011
Closed on
Feb 22, 2012
Sold by
Wirtz Liesl Lynn
Bought by
Frey Christopher J
Seller's Agent
Danny Shaffer
Re/Max Gold Fair Oaks
Buyer's Agent
Ed Anderson
Realty World-One Source
List Price
$114,900
Sold Price
$103,800
Premium/Discount to List
-$11,100
-9.66%
Current Estimated Value
$475,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,818
Avg. Annual Appreciation
11.66%
Original Mortgage
$77,850
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2011
Closed on
Jan 26, 2012
Sold by
The Bank Of New York Mellon
Bought by
Frey Christopher J
Seller's Agent
Danny Shaffer
Re/Max Gold Fair Oaks
Buyer's Agent
Ed Anderson
Realty World-One Source
List Price
$114,900
Sold Price
$103,800
Premium/Discount to List
-$11,100
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,850
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2011
Sold by
Cotton Ronndale and Moses Cathy
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Aug 9, 2004
Sold by
Wetheridge Brian A
Bought by
Cotton Ronndale and Moses Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
2.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2002
Sold by
Sou Jimmy
Bought by
Wetheridge Brian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
7.13%

Purchase Details

Closed on
Nov 13, 2000
Sold by
Sou My
Bought by
Sou Jimmy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.82%

Purchase Details

Closed on
Feb 2, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Sou Jimmy and Sou My

Purchase Details

Closed on
Jun 23, 1998
Sold by
Tessen Richard Paul and Tessen Helen
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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Average Value
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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
Frey Christopher J -- North American Title Company
Frey Christopher J $104,000 None Available
The Bank Of New York Mellon $119,205 Landsafe Default
Cotton Ronndale $296,500 California Title Co Of North
Wetheridge Brian A $169,000 Alliance Title Company
Sou Jimmy -- Stewart Title
Sou Jimmy $36,000 First American Title Co
Federal Home Loan Mortgage Corporation $78,578 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Frey Christopher J $0
Open Frey Christopher J $100,000
Closed Frey Christopher J $77,850
Previous Owner Cotton Ronndale $296,000
Previous Owner Cotton Ronndale $240,000
Previous Owner Wetheridge Brian A $145,500
Previous Owner Wetheridge Brian A $135,200
Previous Owner Sou Jimmy $94,500
Closed Cotton Ronndale $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2012 02/29/12 Sold $103,800 -9.7% --
01/10/2012 01/10/12 Pending -- -- --
09/15/2011 09/15/11 For Sale $114,900 -- --
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 $1,635 $130,365 $50,235 $80,130
2024 $1,635 $127,809 $49,250 $78,559
2023 $1,602 $125,304 $48,285 $77,019
2022 $1,580 $122,848 $47,339 $75,509
2021 $1,549 $120,440 $46,411 $74,029
2020 $1,538 $119,206 $45,936 $73,270
2019 $1,513 $116,870 $45,036 $71,834
2018 $1,474 $114,579 $44,153 $70,426
2017 $1,437 $112,334 $43,288 $69,046
2016 $1,377 $110,133 $42,440 $67,693
2015 $1,309 $108,480 $41,803 $66,677
2014 $1,392 $106,356 $40,985 $65,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 11067316

MetroList

APN: 077-0173-011