11670 Garnet Way Unit 4 Auburn, CA 95602
Northwest Auburn NeighborhoodEstimated payment $1,545/month
Highlights
- Ground Level Unit
- Private Pool
- Granite Countertops
- Placer High School Rated A-
- Deck
- Recreation Facilities
About This Home
Investor Special - Priced to Move! Turnkey, cash-flowing 2-bedroom condo in Auburn Greens with a reliable tenant in place through July 2026. Currently generating $1,640/month in gross rent, which includes $1,395/month in base rent and $245/month in reimbursed utilities. At the $195,000 list price, this property yields a 7.6% cap rate, with historically low operating expenses limited to just HOA and property management totaling approximately $403/month. That's a net operating income of nearly $14,844/year with minimal landlord involvement. Seller requests Huber Property Management remain in place after sale to ensure seamless continuity. Excellent opportunity for 1031 exchange or long-term cash flow investors seeking stable, hassle-free income.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,649
Year Built
- Built in 1971 | Remodeled
HOA Fees
- $294 Monthly HOA Fees
Home Design
- Slab Foundation
- Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 840 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Living Room
- Family or Dining Combination
Kitchen
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Linoleum
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Home Security
Parking
- Attached Garage
- 1 Open Parking Space
- 1 Carport Space
- Shared Driveway
Outdoor Features
- Private Pool
- Balcony
- Deck
- Front Porch
Location
- Ground Level Unit
- Upper Level
Additional Features
- Energy-Efficient Appliances
- Landscaped
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 051-250-039-540
Community Details
Overview
- Association fees include common areas, pool, insurance on structure, maintenance exterior, ground maintenance
- Mandatory home owners association
- Greenbelt
Amenities
- Community Barbecue Grill
- Coin Laundry
Recreation
- Recreation Facilities
- Community Playground
- Community Pool
- Dog Park
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,649 | $159,550 | $83,101 | $76,449 |
| 2023 | $2,649 | $153,356 | $79,875 | $73,481 |
| 2022 | $2,504 | $150,350 | $78,309 | $72,041 |
| 2021 | $2,446 | $147,403 | $76,774 | $70,629 |
| 2020 | $2,361 | $139,000 | $72,400 | $66,600 |
| 2019 | $2,320 | $135,000 | $70,300 | $64,700 |
| 2018 | $1,962 | $105,000 | $54,700 | $50,300 |
| 2017 | $1,748 | $84,000 | $43,800 | $40,200 |
| 2016 | $1,613 | $71,000 | $37,000 | $34,000 |
| 2015 | $1,586 | $69,000 | $35,900 | $33,100 |
| 2014 | $1,588 | $69,000 | $35,900 | $33,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | For Sale | $195,000 | -- | $232 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $104,500 | Placer Title Company | |
| Interfamily Deed Transfer | $32,500 | Placer Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $78,375 | Stand Alone First | |
| Closed | $10,450 | No Value Available |
Source: MetroList
MLS Number: 225123201
APN: 051-250-039-540
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