NOT LISTED FOR SALE

Estimated Value: $621,000 - $651,000

5 Beds
4 Baths
2,508 Sq Ft
$253/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $599,000 $239 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,107/month

62 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Side by Side Parking
  • Vaulted Ceiling
  • 4 Car Attached Garage
  • 4-minute walk to Atherton Park

About This Home

As of September 2022

Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a beautiful tree lined street, one unit has 3 bedrooms, 2 full baths, & a 2-car garage. The other unit has 2 bedrooms, 2 full baths, & a 2-car garage. Both units feature spacious Living Rooms w/ cozy fireplaces, Master Suites & inside laundries. Durable long-lasting tile roofs & low maintenance yards. Tenants pay ALL utilities. Close to everything; award winning schools, shopping & parks. PLEASE DO NOT DISTURB THE TENANTS. All units are rented. Total annual rents are $45,840. GRM is 13.8 & 7.24% Cap Rate. Similar units in the neighborhood recently rented for $2,095 & $1,995 per month! Potential annual rents of $49,080 with a GRM of 12.9 and 7.75% Cap Rate! A fantastic investment opportunity.

Last Agent to Sell the Property

Greg Batchelder

Windermere Signature Properties El Dorado Hills/Folsom License #01321061 Listed on: 06/29/2022

Windermere Signature Properties El Dorado Hills/Folsom

Last Buyer's Agent

Shawn Mileham

LPT Realty, Inc License #01271371

LPT Realty, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,562

Year Built

  • Built in 1978

Lot Details

  • 8,699 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinklers on Timer

HOA Fees

  • $30 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • 4 Open Parking Spaces
  • Side by Side Parking

Home Design

  • Duplex
  • Contemporary Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Tile Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Window Treatments
  • Formal Entry

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Heating System Uses Natural Gas
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, sewer, gas, trash collection, water
  • Assessor Parcel Number 108-050-01

Community Details

Overview

  • Association fees include 0
  • 2 Units
  • Quail Lakes Association, Phone Number (209) 472-3485
  • Quail Oaks Subdivision
  • Mandatory home owners association

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,562

Year Built

Built in 1978

Lot Details

0

HOA Fees

$30 per month

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Flats,Planned Unit Develop
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1978
  • Architectural Style: Contemporary
  • Levels: One
  • Stories: 1
  • Subdivision: QUAIL OAKS
  • Number of Two Bedroom Units: 1
  • Number of Three Bedroom Units: 1
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Free Standing Electric Range
  • Interior Amenities: Formal Entry, Vaulted Ceiling(s)
  • Flooring: Carpet, Laminate, Linoleum, Varies by Unit
  • Basement: None
  • Price Per Square Foot: 238.84
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Brick, Stucco, Frame, Wood, Wood Siding
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Foundation: Slab
  • Listing Price: 599000.00
  • Lot Features: Auto Sprinkler F&R, Corner, Shape Regular, Curbs/Gutters, Sidewalk, Landscape Back, Landscape Front
  • Patio And Porch Features: Covered Deck, Uncovered Patio
  • Roof: Tile
  • Topography: Level

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking Features: Attached, Side-by-Side, Garage
  • Total Parking Spaces: 8.00

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Cable Available, Natural Gas Connected, Electric, Internet Available
  • Cooling: Separate, Central
  • Electric: 220 Volts
  • Heating: Central, Separate, Natural Gas
  • Laundry Features: In Each Unit, Washer/Dryer Hookups
  • Water Source: Meter on Site, Public
  • Separate Meters: Electricity,Gas,See Remarks,Water

Condo/Co-op/Association

  • Association Features: None
  • Association Fee: 365
  • Association Fee Frequency: Annually
  • Association Fee Includes: 0
  • Association Name: QUAIL LAKES
  • Association Phone: (209) 472-3485
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • Mandatory Association: Yes

Schools

  • Senior High School District: Stockton Unified

Lot Info

  • Zoning Description: RES
  • Irrigation: None
  • Lot Size Acres: 0.1997
  • Lot Size Sq Ft: 8699.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Gas, Trash Collection, Water, See Remarks
  • Total # Leasable: 2

Multi Family

  • Gross Income: 45840
  • Income Includes: Rent Only
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None
  • Two Bedrooms Occupied: 1
  • Three Bedrooms Occupied: 1

Tax Info

  • Assessor Parcel Number: 108-050-01
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Atwal Pritpal S and Atwal Baljit K
Bought by
Atwal Family Trust and Atwal
Current Estimated Value
$633,903

Purchase Details

Listed on
Jun 29, 2022
Closed on
Sep 6, 2022
Sold by
Andrew Estopinal
Bought by
Atwal Pritpal S and Atwal Baljit K
Seller's Agent
Greg Batchelder
Windermere Signature Properties El Dorado Hills/Folsom
Buyer's Agent
Shawn Mileham
LPT Realty, Inc
List Price
$633,000
Sold Price
$599,000
Premium/Discount to List
-$34,000
-5.37%
Views
31

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.21%
Original Mortgage
$449,250
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2004
Sold by
Crisp Berle G and Crisp Carol
Bought by
Estopinal Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 11, 2004
Sold by
Estopinal Patricia M
Bought by
Estopinal Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.28%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Atwal Family Trust -- None Listed On Document
Atwal Pritpal S $599,000 Fidelity National Title
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Estopinal Andrew -- Financial Title Co
Estopinal Andrew $17,000 Financial Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Atwal Pritpal S $449,250
Previous Owner Estopinal Andrew $343,000
Previous Owner Estopinal Andrew $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2022 09/21/22 Sold $599,000 0.0% $239 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/04/2022 08/04/22 Price Changed $599,000 -3.9% $239 / Sq Ft
08/02/2022 08/02/22 Price Changed $623,000 -1.6% $248 / Sq Ft
06/29/2022 06/29/22 For Sale $633,000 -- $252 / 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
2024 $7,562 $610,980 $112,200 $498,780
2023 $7,393 $599,000 $110,000 $489,000
2022 $3,058 $244,112 $64,430 $179,682
2021 $2,938 $239,326 $63,167 $176,159
2020 $2,995 $236,873 $62,520 $174,353
2019 $2,983 $232,230 $61,295 $170,935
2018 $2,928 $227,678 $60,094 $167,584
2017 $2,774 $223,215 $58,916 $164,299
2016 $2,268 $175,000 $50,000 $125,000
2014 $1,854 $145,000 $36,000 $109,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 222086121

MetroList

APN: 108-050-01