NOT LISTED FOR SALE
5 Beds
4 Baths
2,548 Sq Ft
8,400 Sq Ft Lot

Last Sold April 19, 2022

Last sale price $575,000 $226 Per Sq Ft

23 Days on Market

Highlights

  • Contemporary Architecture
  • Patio
  • Landscaped
  • Vaulted Ceiling
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of April 2022

Excellent turn-key investment. A great opportunity to own a duplex in beautiful centrally located Quail Lakes. Located on a quiet cul-de-sac, 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 $37,920. GRM is 15.6 & 6.59% Cap Rate. Similar units in the neighborhood recently rented for $1,995 & $1,895 per month! Potential annual rents of $46,680 with a GRM of 12.32 and 8.12% Cap Rate! A fantastic investment opportunity. A portfolio of up to 10 duplex are available in beautiful centrally located Quail Lakes.

Last Agent to Sell the Property

Greg Batchelder

Windermere Signature Properties El Dorado Hills/Folsom License #01321061 Listed on: 03/08/2022

Windermere Signature Properties El Dorado Hills/Folsom

Last Buyer's Agent

Gregory Farmer

PMZ Real Estate License #01984838

PMZ Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 8,400 Sq Ft Lot
  • Landscaped
  • Level Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Inside Entrance
  • Garage Door Opener

Home Design

  • Duplex
  • Contemporary Architecture
  • Planned Development
  • Slab Foundation
  • Frame Construction
  • Blown Fiberglass Insulation
  • Ceiling Insulation
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Vaulted Ceiling
  • Window Treatments

Kitchen

  • Free-Standing Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • 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

Listing and Financial Details

  • Tenant pays for electricity, sewer, gas, trash collection, water
  • Assessor Parcel Number 108-050-20

Community Details

Overview

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

Building Details

  • 2 Leased Units
  • 2 Units Leased Month-To-Month
  • Net Operating Income $37,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0

HOA Fees

$29 per month

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Planned Unit Develop
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1978
  • Architectural Style: Contemporary
  • Levels: One
  • Stories: 1
  • Subdivision: QUAIL LAKES
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Free Standing Electric Range
  • Interior Amenities: Vaulted Ceiling(s)
  • Flooring: Carpet, Laminate, Linoleum
  • Price Per Square Foot: 225.67
  • Window Features: Window Coverings

Exterior Features

  • Construction Materials: Ceiling Insulation, Frame, Wall Insulation, Wood, Wood Siding
  • Disclosures/Documents: Natural Hazard Disclosure Available
  • Foundation: Slab
  • Listing Price: 575000.00
  • Lot Features: Auto Sprinkler F&R, Curbs/Gutters, Sidewalk, Landscape Back, Landscape Front
  • Patio And Porch Features: Uncovered Patio, Varies by Unit
  • Roof: Tile
  • Topography: Level

Garage/Parking

  • Open Parking Spaces: 4.00
  • Garage Spaces: 4.00
  • Parking Features: Attached, Garage, Garage Door Opener, Interior Access
  • Total Parking Spaces: 8.00

Utilities

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

Condo/Co-op/Association

  • Association Features: None
  • Association Fee: 353
  • 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: 0.1928
  • Lot Size Sq Ft: 8400.00

Rental Info

  • Tenant Pays: Electricity, Sewer, Gas, Trash Collection, Water, See Remarks
  • Lease Term: Month To Month
  • Total # Leasable: 2

Multi Family

  • Gross Income: 37920
  • Income Includes: Rent Only,See Remarks,Other
  • Number of Leased Units: 2
  • Number of Month to Month Units: 2
  • Number of Units: 2
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 108-050-20
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): San Joaquin

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2022 04/19/22 Sold $575,000 0.0% $226 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $575,000 -- $226 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MetroList

MLS Number: 222027211

MetroList