NOT LISTED FOR SALE

Estimated Value: $584,167 - $590,000

4 Beds
3 Baths
1,862 Sq Ft
$316/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $530,000 $285 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,745/month

8 Days on Market

Highlights

  • Contemporary Architecture
  • Private Yard
  • Neighborhood Views
  • Granite Countertops
  • No HOA
  • Double Pane Windows

About This Home

As of July 2021

Well maintained duplex in Rancho Cordova! 11040 Hirschfeld Way has two bedrooms and two bathrooms and fireplace in the living room and a attached one car garage. 11042 Hirschfeld Way has two bedrooms and one bathroom with attached one car garage. Near zero vacancy factor with excellent tenants in both units. Both units have vaulted ceilings in the living rooms. Upgrades to 11042 included kitchen granite counter tops, newer appliances and laminate flooring. Each unit has fenced side and back yards. Well located just minutes to the El Dorado #50 Freeway. Schools, churches and other services just minutes away. Don't pass this opportunity by for a residential income investment opportunity.

Last Agent to Sell the Property

Michael Moller

Moller Realty Group License #00606878 Listed on: 06/01/2021

Last Buyer's Agent

NON-MEMBER NON-MEMBER

NON-MEMBER License #9999999

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,487

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • 1 Common Wall
  • West Facing Home
  • Cross Fenced
  • Wood Fence
  • Fence is in good condition
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,862 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Blinds
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Granite Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors are 32 inches wide or more
  • No Interior Steps
  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Wood
  • Vented Exhaust Fan
  • Underground Utilities
  • 220 Volts in Garage
  • 220 Volts in Kitchen
  • Private Water Source
  • Electric Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Tax Lot 15
  • Assessor Parcel Number 05804600150000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,013
  • Other Expense $1,128
  • Professional Management Expense $2,265
  • Trash Expense $540
  • Water Sewer Expense $3,372
  • New Taxes Expense $3,327
  • Operating Expense $11,645
  • Gross Income $32,360
  • Net Operating Income $24,715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,487

Year Built

Built in 1977 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 0.04
  • Inclusions: Refrigerator in 11042 Hirschfeld, kitchen stoves in both units.
  • Other Phone Description: 11042-Marcia
  • Other Phone Number: 916-631-0636
  • Professional Management Expense: 2265.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 3372.00
  • Zoning: RD-10
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 05804600150000
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Formica Counters, Granite Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Accessibility Features: 2+ Access Exits, 32 Inch Or More Wide Doors, No Interior Steps, Parking
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Price Per Square Foot: 284.64
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Cross Fenced, Good Condition, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Frame, Glass, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Single Door, Garage Door Opener, Off Street, On Site
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Free-Standing Range, Disposal, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water Heater
  • Electric: 220 Volts in Garage, 220 Volts in Kitchen, Electricity - On Property
  • Heating Type: Central, Electric, Wood, Fireplace(s)
  • Laundry Features: Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 540.00
  • Water Source: Private
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Lawn, Rectangular Lot, Level, Paved, Yard
  • Lot Size Sq Ft: 6098.00
  • Lot Size Acres: 0.1400
  • Latitude Manual: 38.60859500

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 931 Square Feet
  • Gross Income: 32360.00
  • Gross Multiplier: 16.22
  • Gross Operating Income: 32360.00
  • Gross Scheduled Income: 32360.00
  • Gross Spendable Income: 20715.00
  • Insurance Expense: 1013.00
  • Lot Size Area: 6098.0000 Square Feet
  • Net Operating Income: 24715.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 11645.00
  • Other Expense: 1128.00
  • Other Expense Description: H.W.
  • Rent Control: Yes
  • Total Expenses: 11645.00

Tax Info

  • New Taxes Expense: 3327.00
  • Tax Census Tract: 89.08
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2022
Sold by
Larry Leach
Bought by
Meeks Laura
Current Estimated Value
$588,042

Purchase Details

Listed on
Jun 1, 2021
Closed on
Jun 30, 2021
Sold by
Pearson James L and Pearson Elizabeth
Bought by
Meeks Laura and Leach Larry
Seller's Agent
Michael Moller
Moller Realty Group
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.27%
Original Mortgage
$424,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2012
Sold by
Pearson James L and Garza Lilia
Bought by
Pearson James L and Pearson Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 9, 2009
Sold by
Talcott Paul P and Talcott Maria A
Bought by
Pearson James L and Garza Lilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Talcott Paul P and Talcott Maria A

Purchase Details

Closed on
Sep 30, 2008
Sold by
Soto Miriam
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 25, 2006
Sold by
Silvercrest Financial Llc
Bought by
Soto Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,600
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 24, 2006
Sold by
Gomez Raul
Bought by
Soto Miriam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,600
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 7, 2006
Sold by
Cordova 13 Duplexes
Bought by
Willmon Les

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 22, 2003
Sold by
Boggs Charles R
Bought by
Cordova 13 Duplexes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,125
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2001
Sold by
Boggs Charles R
Bought by
Cordova 13 Duplexes

Purchase Details

Closed on
Jun 18, 2001
Sold by
Boggs Tracy D
Bought by
Boggs Charles R
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
Meeks Laura -- None Listed On Document
Meeks Laura $530,000 Placer Title Company
Pearson James L -- Chicago Title Company
Pearson James L $236,000 Fidelity National Title Co
Talcott Paul P $171,000 North American Title Company
Deutsche Bank National Trust Company $251,859 None Available
Soto Miriam $393,000 Financial Title Company
Silvercrest Financial Llc -- Financial Title Company
Soto Miriam -- Financial Title Company
Willmon Les $320,000 Financial Title Company
Willmon Les -- Financial Title Company
Cordova 13 Duplexes -- First American Title Co
Boggs Charles R -- First American Title Co
Boggs Charles R -- First American Title Co
Cordova 13 Duplexes -- --
Boggs Charles R -- Placer Title Company
Boggs Charles R -- Placer Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meeks Laura $424,000
Previous Owner Pearson James L $240,000
Previous Owner Pearson James L $193,000
Previous Owner Pearson James L $54,750
Previous Owner Pearson James L $131,250
Previous Owner Pearson James L $90,000
Previous Owner Silvercrest Financial Llc $78,600
Previous Owner Silvercrest Financial Llc $314,400
Previous Owner Soto Miriam $78,600
Previous Owner Willmon Les $256,000
Previous Owner Boggs Charles R $108,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2021 07/08/21 Sold $530,000 +1.0% $285 / Sq Ft
06/01/2021 06/01/21 For Sale $525,000 -- $282 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,487 $562,440 $137,957 $424,483
2024 $6,487 $551,412 $135,252 $416,160
2023 $6,357 $540,600 $132,600 $408,000
2022 $6,279 $530,000 $130,000 $400,000
2021 $3,432 $280,710 $118,902 $161,808
2020 $3,327 $277,832 $117,683 $160,149
2019 $3,273 $272,385 $115,376 $157,009
2018 $3,187 $267,045 $113,114 $153,931
2017 $3,106 $261,810 $110,897 $150,913
2016 $3,049 $256,677 $108,723 $147,954
2015 $2,893 $252,822 $107,090 $145,732
2014 $3,080 $247,871 $104,993 $142,878
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SN21118164

California Regional Multiple Listing Service (CRMLS)

APN: 058-0460-015