NOT LISTED FOR SALE

Estimated Value: $527,000 - $541,000

2 Beds
1 Bath
-- Sq Ft
8,651 Sq Ft Lot

Last Sold September 29, 2021

Last sale price $437,000

Est. 22% increase in value since last sale

Current estimated payment $3,347/month

6 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Central Heating and Cooling System
  • Private Yard
  • Double Pane Windows
  • 2-minute walk to Dave Roberts Community Park

About This Home

As of September 2021

Are you looking for a potentially great income property in Rancho Cordova? Each unit has a 1 car garage PLUS another 2 garage! Buy this property now!

Last Agent to Sell the Property

Anne Daily

RE/MAX Gold Fair Oaks License #01492190 Listed on: 06/23/2021

RE/MAX Gold Fair Oaks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,352

Year Built

  • Built in 1960

Lot Details

  • 8,651 Sq Ft Lot
  • Corner Lot
  • Private Yard

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1-Story Property
  • Double Pane Windows

Flooring

  • Carpet
  • Linoleum

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 058-0073-011-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Vacant Unit
  • 1 Unit Leased Month-To-Month

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,352

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: House(s)
  • Property Subtype 1: Duplex
  • Stories: 1
  • Year Built: 1960
  • Stories: 1
  • Number of Two Bedroom Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Linoleum
  • Basement: None
  • Price Per Square Foot: 238.15
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood
  • Exterior Features: Yard Space
  • Foundation: Slab
  • Listing Price: 410000.00
  • Lot Features: Corner, Sidewalk
  • Roof: Shingle, Composition

Garage/Parking

  • Open Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: Garage
  • Total Parking Spaces: 8

Utilities

  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: In & Connected
  • Utilities: Natural Gas Connected, City
  • Cooling: Central
  • Electric: 220 Volts
  • Heating: Central
  • Laundry Features: Varies by Unit
  • Water Source: Public
  • Separate Meters: Electricity,Gas,Water

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: RD 10
  • Irrigation: None
  • Lot Size Acres: 0.1986
  • Lot Size Sq Ft: 8651

Rental Info

  • Tenant Pays: Electricity, Gas
  • Total # Leasable: 2

Multi Family

  • Income Includes: Rent Only
  • Number of Leased Units: 1
  • Number of Month to Month Units: 1
  • Number of Units: 2
  • Number of Vacant Units: 1

Tax Info

  • Assessor Parcel Number: 058-0073-011-0000
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 17, 2021
Sold by
Nunes Janice
Bought by
Monfared Shahin S
Seller's Agent
Anne Daily
RE/MAX Gold Fair Oaks
Buyer's Agent
Anne Daily
RE/MAX Gold Fair Oaks
List Price
$410,000
Sold Price
$437,000
Premium/Discount to List
$27,000
6.59%
Current Estimated Value
$533,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,365
Avg. Annual Appreciation
5.40%
Original Mortgage
$422,187
Outstanding Balance
$384,995
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$152,155

Purchase Details

Closed on
May 13, 2021
Sold by
Jones Scott R
Bought by
Nunes Janice and Nunes William A

Purchase Details

Closed on
Apr 29, 2021
Sold by
Jones Scott R
Bought by
Nunes Janice and Nunes William A
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
Monfared Shahin S $437,500 Orange Coast Ttl Co Of Nocal
Monfared Shahin S $437,500 Orange Coast Ttl Co Of Nocal
Nunes Janice -- Michael L Hanks
Nunes Janice -- Michael L Hanks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monfared Shahin S $422,187
Closed Monfared Shahin S $422,187
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Off Market $437,000 -- --
09/29/2021 09/29/21 Sold $437,000 0.0% --
09/02/2021 09/02/21 Off Market $437,000 -- --
06/29/2021 06/29/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $410,000 -- --
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 $5,352 $464,277 $116,732 $347,545
2024 $5,352 $455,175 $114,444 $340,731
2023 $5,245 $446,250 $112,200 $334,050
2022 $5,261 $437,500 $110,000 $327,500
2021 $3,330 $135,969 $28,696 $107,273
2020 $4,102 $134,576 $28,402 $106,174
2019 $1,678 $131,939 $27,846 $104,093
2018 $2,439 $129,352 $27,300 $102,052
2017 $1,593 $126,816 $26,765 $100,051
2016 $1,534 $124,331 $26,241 $98,090
2015 $1,457 $122,464 $25,847 $96,617
2014 $1,550 $120,066 $25,341 $94,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MetroList

MLS Number: 221057313

MetroList

APN: 058-0073-011