NOT LISTED FOR SALE

Estimated Value: $690,587 - $788,000

8 Beds
4 Baths
3,396 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 21, 2022

Last sale price $755,000 $222 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,565/month

5 Days on Market

Highlights

  • 4 Car Direct Access Garage
  • Central Heating and Cooling System
  • Front Yard
  • Laundry Room

About This Home

As of March 2022

This 4 plex is a rare find. Three of the four units have large private front backyards and small backyards. Three of the four units are ground level and all have single-car garages. Each unit has its own inside laundry unit. It is located close to shopping, hospital, medical care, and public transportation. Owned by the same family since 1983, rents are low with lots of room for increase. Most tenants have been there for 30 plus years. These units have been well maintained

Last Agent to Sell the Property

Pamela Santy

Real Broker License #00589882 Listed on: 02/08/2022

Last Buyer's Agent

Pamela Santy

Real Broker License #00589882 Listed on: 02/08/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • Two or More Common Walls
  • Rural Setting
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door

Home Design

  • Quadruplex

Interior Spaces

  • 3,396 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 208
  • Assessor Parcel Number 20828016

Community Details

Overview

  • 4 Units

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $7,900
  • Gross Income $7,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 20828016
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 222.32

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage, Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size: 12,417
  • Lot Size Sq Ft: 12417.00
  • Lot Size Acres: 0.2851

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 850 Square Feet
  • Gross Operating Income: 7900.00
  • Gross Scheduled Income: 31800.00
  • Lot Size Area: 12417.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Rent Control: No
  • Total Actual Rent: 1955.00
  • Total Expenses: 7900.00

Tax Info

  • Tax Area: 2-087
  • Tax Census Tract: 51.10
  • Tax Lot: 208

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 14, 2022
Sold by
Tabangcura and Josephine
Bought by
Fawzy Faten
Seller's Agent
Pamela Santy
Real Broker
Buyer's Agent
Pamela Santy
Real Broker
List Price
$749,950
Sold Price
$755,000
Premium/Discount to List
$5,050
0.67%
Current Estimated Value
$737,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,103
Avg. Annual Appreciation
-0.59%
Original Mortgage
$225,000
Outstanding Balance
$210,056
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$527,841

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 9, 2022
Sold by
Kromel Hannah
Bought by
Fawzy Faten
Seller's Agent
Pamela Santy
Real Broker
Buyer's Agent
Pamela Santy
Real Broker
List Price
$749,950
Sold Price
$755,000
Premium/Discount to List
$5,050
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Outstanding Balance
$210,056
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$527,841
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
Fawzy Faten $755,000 Placer Title
Fawzy Faten -- Placer Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fawzy Faten $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2022 03/21/22 Sold $755,000 +0.7% $222 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $749,950 -- $221 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,945 $801,211 $244,077 $557,134
2024 $8,694 $785,502 $239,292 $546,210
2023 $8,589 $770,100 $234,600 $535,500
2022 $2,845 $250,914 $71,687 $179,227
2021 $2,814 $245,995 $70,282 $175,713
2020 $2,702 $243,474 $69,562 $173,912
2019 $2,667 $238,701 $68,199 $170,502
2018 $2,632 $234,021 $66,862 $167,159
2017 $2,594 $229,433 $65,551 $163,882
2016 $2,532 $224,935 $64,266 $160,669
2014 $2,349 $217,217 $62,061 $155,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: FR22024555

California Regional Multiple Listing Service (CRMLS)

APN: 208-280-16