NOT LISTED FOR SALE

220 Eric Cir Galt, CA 95632

Estimated Value: $1,137,633 - $1,365,000

12 Beds
8 Baths
4,600 Sq Ft
$267/Sq Ft Est. Value

Last Sold May 28, 2019

Last sale price $820,000 $178 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,263/month

14 Days on Market

Highlights

  • 0.57 Acre Lot
  • Double Pane Windows
  • 1-Story Property
  • No HOA
  • Central Air

About This Home

As of May 2019

Nicely kept fourplex in Galt consists of two duplex buildings on .57 acre lot. Each unit is 3 bed/2 baths with 1 car garage and extra parking, large yards on each unit all fenced. Rents are $1400 on 3 units and $1300 on one unit. 3 Long term tenants, good payers. Vacancy rate in Galt is basically zero.

Last Agent to Sell the Property

Megan Fleischl

Parker Realty License #00664699 Listed on: 04/08/2019

Last Buyer's Agent

Sue Camper

Schaffer & Company, Realtors License #01861700

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,937

Year Built

  • Built in 1982

Lot Details

  • 0.57 Acre Lot

Parking

  • 4 Car Garage
  • 1 Parking Space Included

Home Design

  • Quadruplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Utilities

  • Central Air
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable tv electricity gas
  • Assessor Parcel Number 148-0320-003-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Units Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,937

Year Built

Built in 1982

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Property Subtype 1: Quadruplex
  • Year Built: 1982
  • Architectural Style: A-Frame,Ranch
  • Stories: 1
  • Number of Three Bedroom Units: 4
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2019

Interior Features

  • Appliances: Dishwasher,Free Standing Electric Oven,Free Standing Electric Range
  • Flooring: Carpet,Tile
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Frame,Stucco,Wood
  • Disclosures/Documents: Rental/Lease Agmts,None
  • Foundation: Slab
  • Listing Price: 875000.00
  • Roof: Composition
  • View Description: Other

Garage/Parking

  • Open Parking Spaces: 4
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Garage,1+ Space Per Unit
  • Total Parking Spaces: 4

Utilities

  • Security: Carbon Mon Detector,Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central,Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Features: Yard Space
  • Association: No

Schools

  • Senior High School District: Galt Joint UHS

Lot Info

  • Zoning Description: R2
  • Lot Size Acres: 0.5739
  • Lot Size Sq Ft: 24999

Rental Info

  • Tenant Pays: Cable TV,Electricity,Gas
  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 4
  • Number of Month to Month Units: 4
  • Number of Units: 4
  • Units Furnished: None

Tax Info

  • Assessor Parcel Number: 148-0320-003-0000
  • Current RE Taxes: 6937
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
May 16, 2019
Sold by
Fuller Linda Kay and Williams Ronald C
Bought by
Ducem Llc
Seller's Agent
Megan Fleischl
Parker Realty
Buyer's Agent
Sue Camper
Schaffer & Company, Realtors
List Price
$875,000
Sold Price
$820,000
Premium/Discount to List
-$55,000
-6.29%
Current Estimated Value
$1,228,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,544
Avg. Annual Appreciation
6.31%

Purchase Details

Listed on
May 13, 2014
Closed on
Jul 22, 2014
Sold by
Schulz Robert B and Schulz Peggy D
Bought by
Fuller Linda Kay and Williams Ronald C
Seller's Agent
Sharon Ceresa
Berkshire Hathaway HomeServices-Drysdale Properties
Buyer's Agent
Broden Greenley
Coldwell Banker Realty
List Price
$599,500
Sold Price
$575,000
Premium/Discount to List
-$24,500
-4.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$350,000
Interest Rate
4.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 23, 1998
Sold by
Schulz Robert B and Schulz Peggy D
Bought by
Schulz Robert B and Schulz Peggy D

Purchase Details

Closed on
Jun 2, 1994
Sold by
Schulz Kenneth E and Schulz Jo Ann
Bought by
Schulz Robert B and Schulz Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ducem Llc $820,000 Old Republic Title Company
Fuller Linda Kay $575,000 Chicago Title Company
Schulz Robert B -- --
Schulz Robert B -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuller Linda Kay $350,000
Previous Owner Schulz Robert B $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2019 05/28/19 Sold $820,000 -6.3% $178 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/08/2019 04/08/19 For Sale $875,000 +52.2% $190 / Sq Ft
08/13/2014 08/13/14 Sold $575,000 -4.1% $120 / Sq Ft View Prior Sale
07/28/2014 07/28/14 Pending -- -- --
05/12/2014 05/12/14 For Sale $599,500 -- $125 / 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 $10,066 $914,721 $117,127 $797,594
2024 $10,066 $896,786 $114,831 $781,955
2023 $9,897 $879,203 $112,580 $766,623
2022 $9,498 $861,965 $110,373 $751,592
2021 $9,510 $845,064 $108,209 $736,855
2020 $9,430 $836,400 $107,100 $729,300
2019 $6,948 $619,497 $64,642 $554,855
2018 $6,937 $607,351 $63,375 $543,976
2017 $6,665 $595,443 $62,133 $533,310
2016 $6,404 $583,768 $60,915 $522,853
2015 $6,184 $575,000 $60,000 $515,000
2014 $3,171 $289,814 $55,774 $234,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 19021907

MetroList

APN: 148-0320-003