T
Seller's Agent in 2015
Tony Lewis
TL Commercial Inc.
(916) 201-9318
5 Total Sales
106 Mormon St Folsom, CA 95630
Folsom Central NeighborhoodEstimated Value: $859,000 - $1,180,000
8
Beds
4
Baths
2,912
Sq Ft
$332/Sq Ft
Est. Value
Highlights
- No HOA
- Central Heating and Cooling System
- 3-minute walk to Hazel McFarland Park
- Theodore Judah Elementary School Rated A
- 1-Story Property
About This Home
As of March 2015Approximately a 2,912 SF 4-Plex [Four 2 Bedroom/One Bath units] located on approximately a 13,725 SF [.31 Acre} R-4 Zoned parcel. Each unit is leased @ $825.00 per month. Gross Annual Income = $40,560.00. Net Annual Income = $26,207.Very well located residential income property in desirable Folsom CA market.
Last Agent to Sell the Property
TL Commercial Inc. License #00869562 Listed on: 01/05/2015
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1969
Lot Details
- 0.32
Parking
- Open Parking
Home Design
- Quadruplex
- Composition Roof
Utilities
- Central Heating and Cooling System
- Cable TV Available
Additional Features
- 1-Story Property
- 0.32 Acre Lot
Listing and Financial Details
- Tenant pays for cable TV
- Assessor Parcel Number 070-0120-015
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Units Leased Month-To-Month
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 5, 2015
Closed on
Mar 11, 2015
Sold by
Malech Serena A
Bought by
Gardner Living Trust
Seller's Agent
Tony Lewis
TL Commercial Inc.
Buyer's Agent
Tony Lewis
TL Commercial Inc.
List Price
$535,000
Sold Price
$500,000
Premium/Discount to List
-$35,000
-6.54%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$466,278
Avg. Annual Appreciation
6.16%
Purchase Details
Closed on
Jan 22, 2007
Sold by
Keith & Serena Malech Lp
Bought by
Malech Keith R and Malech Serena A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 30, 2004
Sold by
Malech Keith and Malech Serena
Bought by
Keith & Serena Malech Lp
Purchase Details
Closed on
Sep 6, 2000
Sold by
Woosley Donald E and Woosley Carol R
Bought by
Malech Keith and Malech Serena
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gardner Living Trust | $500,000 | Fidelity National Title Co | |
| Malech Keith R | -- | Old Republic Title Company | |
| Keith & Serena Malech Lp | -- | -- | |
| Malech Keith | $250,000 | North American Title Guarant |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Malech Keith R | $360,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2015 03/19/15 | Sold | $500,000 | -6.5% | $172 / Sq Ft |
| 02/03/2015 02/03/15 | Pending | -- | -- | -- |
| 01/05/2015 01/05/15 | For Sale | $535,000 | -- | $184 / Sq Ft |
Source: MetroList
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 | $6,419 | $600,912 | $180,271 | $420,641 |
| 2024 | $6,419 | $589,131 | $176,737 | $412,394 |
| 2023 | $6,305 | $577,580 | $173,272 | $404,308 |
| 2022 | $6,214 | $566,256 | $169,875 | $396,381 |
| 2021 | $6,131 | $555,154 | $166,545 | $388,609 |
| 2020 | $6,055 | $549,463 | $164,838 | $384,625 |
| 2019 | $5,955 | $538,690 | $161,606 | $377,084 |
| 2018 | $5,807 | $528,129 | $158,438 | $369,691 |
| 2017 | $5,415 | $517,775 | $155,332 | $362,443 |
| 2016 | $5,658 | $507,624 | $152,287 | $355,337 |
| 2015 | $3,495 | $319,579 | $75,221 | $244,358 |
| 2014 | $3,318 | $313,320 | $73,748 | $239,572 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Lewis
Map
Source: MetroList
MLS Number: 15000400
APN: 070-0120-015
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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