NOT LISTED FOR SALE

Estimated Value: $574,000 - $661,296

4 Beds
2 Baths
1,920 Sq Ft
$323/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $549,000 $286 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,751/month

7 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Concrete Flooring
  • Theodore Judah Elementary School Rated A
  • 2 Car Garage
  • 4-minute walk to Hazel McFarland Park

About This Home

As of December 2022

Rare Multifamily Investment Opportunity in Folsom. 107 Persifer offers two mirroring units with 2 bedrooms, 1 bath, and a 1 car garage each. Both units have a big backyard with access from the alley way behind. This property offers amazing Location, located walking distance to an elementary and middle school, as well as a short drive to historic downtown Folsom and Lake Natoma. Do Not Disturb Occupants!!

Last Agent to Sell the Property

Kyle Wells

eXp Realty of California Inc. License #02145088 Listed on: 11/16/2022

eXp Realty of California Inc.

Last Buyer's Agent

Ricky O'Neal

M.O.R.E. Real Estate Group License #01936207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,935

Year Built

  • Built in 1974

Lot Details

  • 9,239 Sq Ft Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Carbon Monoxide Detectors
  • Washer and Dryer Hookup

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Concrete

Parking

  • 2 Car Garage
  • 1 Open Parking Space

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Security Deposit $2,000
  • Assessor Parcel Number 070-0210-032-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,295
  • Maintenance Expense $600
  • Professional Management Expense $2,040
  • Operating Expense $8,870
  • Net Operating Income $21,730

Security

  • Building Fire Alarm

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,935

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Flats
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1974
  • Stories: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Cook Top
  • Flooring: Carpet, Concrete, Laminate
  • Price Per Square Foot: 285.64

Exterior Features

  • Construction Materials: Frame, Wood Siding
  • Foundation: Concrete, Slab
  • Listing Price: 549000.00
  • Lot Features: Shape Regular
  • Roof: Shingle, Composition

Garage/Parking

  • Open Parking Spaces: 1.00
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Fire Alarm, Fire Extinguisher
  • Sewer: Public Sewer
  • Utilities: City
  • Cooling: Central
  • Heating: Central
  • Laundry Features: Washer/Dryer Hookups
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: R-2
  • Irrigation: Meter on Site
  • Lot Size Acres: 0.2121
  • Lot Size Sq Ft: 9239.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Total Deposit: 2000
  • Lease Term: Month To Month

Multi Family

  • Operating Expense: 8870
  • Income Includes: Rent Only
  • Insurance Expense: 1295
  • Maintenance Expense: 600
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • One Bedroom Annual Occupancy: 100
  • Two Bedroom Annual Occupancy: 100
  • Two Bedrooms Occupied: 2

Tax Info

  • Assessor Parcel Number: 070-0210-032-0000
  • Current RE Taxes: 1935
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Dec 3, 2022
Sold by
David Family 2007 Revocable Living Trust
Bought by
Cook Van Le and Cook Kristofer
Seller's Agent
Kyle Wells
eXp Realty of California Inc.
Buyer's Agent
Ricky O'Neal
M.O.R.E. Real Estate Group
List Price
$449,000
Sold Price
$549,000
Premium/Discount to List
$100,000
22.27%
Views
8
Current Estimated Value
$620,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,074
Avg. Annual Appreciation
4.03%
Original Mortgage
$411,750
Outstanding Balance
$398,877
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$221,197

Purchase Details

Closed on
Feb 21, 2007
Sold by
Davis Donald D and Davis Edith A
Bought by
Davis Donald D and Davis Edith A
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
Cook Van Le $549,000 Lennar Title
Davis Donald D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Van Le $411,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2022 12/08/22 Sold $549,000 +22.3% $286 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $449,000 -- $234 / 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 $6,102 $571,178 $171,353 $399,825
2024 $6,102 $559,980 $167,994 $391,986
2023 $5,993 $549,000 $164,700 $384,300
2022 $1,935 $176,356 $41,259 $135,097
2021 $1,910 $172,899 $40,450 $132,449
2020 $1,886 $171,127 $40,036 $131,091
2019 $1,855 $167,772 $39,251 $128,521
2018 $1,808 $164,483 $38,482 $126,001
2017 $1,687 $161,259 $37,728 $123,531
2016 $1,762 $158,098 $36,989 $121,109
2015 $1,703 $155,724 $36,434 $119,290
2014 $1,617 $152,675 $35,721 $116,954
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222142328

MetroList

APN: 070-0210-032