NOT LISTED FOR SALE

262 Montrose Dr Folsom, CA 95630

Estimated Value: $731,000 - $928,000

2 Beds
1 Bath
909 Sq Ft
$930/Sq Ft Est. Value

Sale Details

Date Sold: June 3, 2021

Last sale price $780,000 $858 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,323 / mo

6 Days on Market

Highlights

  • No HOA
  • Grid-tied solar system exports excess electricity
  • High Speed Internet
  • Blanche Sprentz Elementary School Rated A-
  • Coin Laundry
  • 1-Story Property

About This Home

As of June 2021

Must close concurrently with 321 Montrose Dr, Folsom, CA. Located in the highly coveted and irreplaceable location and rental market of Folsom, California. s 262 Montrose Drive APN# 071-0265-007that was built in 1964, and is comprised of 4-two bedroom/one bathroom dual level townhouse style units that are approximately 909 square feet.

Last Agent to Sell the Property

Daniel Daboski

Titan Commercial License #01267882 Listed on: 03/30/2021

Last Buyer's Agent

Non-MLS Member

Non-MLS Office

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,841

Home Design

  • Quadruplex

Parking

  • 4 Parking Spaces
  • Open Parking

Utilities

  • Natural Gas Connected
  • High Speed Internet
  • Cable TV Available

Additional Features

  • 1-Story Property
  • Grid-tied solar system exports excess electricity
  • 7,841 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 071-0265-007

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • 2 Units Leased Month-To-Month
  • Insurance Expense $1,523
  • Maintenance Expense $1,600
  • Net Operating Income $33,882

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: Quadruplex
  • Stories: 1
  • Year Built: 1964
  • Stories: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Varies by Unit, Other

Exterior Features

  • Construction Materials: Other
  • Foundation: Other
  • Listing Price: 850000.00
  • Lot Features: None

Garage/Parking

  • Parking Features: Open
  • Total Parking Spaces: 4

Utilities

  • Security: None
  • Sewer: Other
  • Utilities: All Electric, Natural Gas Connected, Cable Available, Internet Available
  • Cooling: Other
  • Electric: PV-On Grid
  • Heating: Other
  • Laundry Features: Coin Operated
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Schools

  • Senior High School District: Folsom-Cordova

Lot Info

  • Zoning Description: R3
  • Irrigation: Other
  • Lot Size Acres: 0.1800
  • Lot Size Sq Ft: 7841

Rental Info

  • Total # Leasable: 4

Multi Family

  • Income Includes: Rent Only
  • Insurance Expense: 1523
  • Maintenance Expense: 1600
  • Number of Leased Units: 4
  • Number of Month to Month Units: 2
  • Number of Units: 4

Tax Info

  • Assessor Parcel Number: 071-0265-007
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Sacramento

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2021
Sold by
Bought by
Current Estimated Value
$845,057

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 26, 2021
Sold by
Bought by
Seller's Agent
Daniel Daboski
Titan Commercial
Buyer's Agent
Non-MLS Member
Non-MLS Office
Sold Price
$780,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.60%
Original Mortgage
$545,300
Outstanding Balance
$493,701
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$351,356

Purchase Details

Closed on
Oct 1, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$980,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
4.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 7, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 13, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2002
Sold by
Bought by

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
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
7.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
-- None Available
$780,000 North American Title Company
$1,260,000 North American Title Company
-- Entitle Direct Insurance
$555,000 Chicago Title Company
-- None Available
$550,000 Commonwealth Land Title
-- First American Title Lenders
$600,000 North American Title Co
$425,000 Placer Title Company
-- --
$260,000 Placer Title Company
-- Stewart Title
$179,000 Stewart Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $545,300
Previous Owner $980,000
Previous Owner $367,500
Previous Owner $400,000
Previous Owner $82,500
Previous Owner $412,500
Previous Owner $280,000
Previous Owner $195,000
Previous Owner $208,000
Previous Owner $121,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $780,000 0.0% $858 / Sq Ft
04/28/2021 04/28/21 Off Market $780,000 -- --
04/12/2021 04/12/21 For Sale -- -- --
04/05/2021 04/05/21 Pending -- -- --
04/02/2021 04/02/21 For Sale -- -- --
03/31/2021 03/31/21 Off Market $780,000 -- --
03/30/2021 03/30/21 For Sale $850,000 -- $935 / Sq Ft
Source: MetroList

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,209 $844,294 $173,188 $671,106
2024 $9,019 $827,741 $169,793 $657,948
2023 $8,859 $811,512 $166,464 $645,048
2022 $8,730 $795,600 $163,200 $632,400
2021 $6,792 $615,000 $160,000 $455,000
2020 $6,739 $611,520 $196,560 $414,960
2019 $6,500 $588,000 $189,000 $399,000
2018 $6,157 $560,000 $180,000 $380,000
2017 $5,746 $549,363 $172,656 $376,707
2016 $5,670 $508,670 $159,867 $348,803
2015 $5,298 $484,449 $152,255 $332,194
2014 $5,029 $474,950 $149,270 $325,680
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Daniel Daboski

    Titan Commercial

    Section Image

  • N

    Buyer's Agent in 2021

    Non-MLS Member

    Non-MLS Office

See All Agents

Map

Source: MetroList

MLS Number: 221027096

MetroList

APN: 071-0265-007

California Sacramento County Folsom 95630

262 Montrose Dr, Folsom, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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